Berger Financial Group Inc Lowers Stock Position in Lockheed Martin Corporation $LMT

Berger Financial Group Inc cut its position in shares of Lockheed Martin Corporation (NYSE:LMT) by 9.2% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 15,869 shares of the aerospace company’s stock after selling 1,603 shares during the period. Berger Financial Group Inc’s holdings in Lockheed Martin were worth $7,675,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Summit Financial Strategies Inc. boosted its holdings in Lockheed Martin by 6.4% during the fourth quarter. Summit Financial Strategies Inc. now owns 735 shares of the aerospace company’s stock worth $356,000 after buying an additional 44 shares in the last quarter. Traphagen Investment Advisors LLC lifted its holdings in Lockheed Martin by 1.3% during the fourth quarter. Traphagen Investment Advisors LLC now owns 2,188 shares of the aerospace company’s stock valued at $1,058,000 after purchasing an additional 29 shares in the last quarter. Symmetry Partners LLC purchased a new position in Lockheed Martin during the fourth quarter valued at $291,000. Wealth Enhancement Trust Services Inc. purchased a new position in Lockheed Martin during the fourth quarter valued at $2,604,000. Finally, GHP Investment Advisors Inc. lifted its holdings in Lockheed Martin by 3.1% during the fourth quarter. GHP Investment Advisors Inc. now owns 7,622 shares of the aerospace company’s stock valued at $3,687,000 after purchasing an additional 227 shares in the last quarter. 74.19% of the stock is owned by hedge funds and other institutional investors.

Key Lockheed Martin News

Here are the key news stories impacting Lockheed Martin this week:

• Positive Sentiment: Won a sizable Pentagon contract: Lockheed secured a sole‑source, IDIQ $1.9 billion award to continue C‑130J maintenance and the Aircrew Training System program — a near‑term revenue and backlog boost for sustainment services. Lockheed Martin (LMT) Secures $1.9 Billion Contract
• Positive Sentiment: Potential large U.S. defense budget tailwind: Commentaries point to a proposed surge in defense spending (discussion of figures up to ~$1.5T) that would favor prime contractors like LMT through higher topline opportunity across aircraft, missiles and sustainment. This narrative supports longer‑term growth expectations. 3 Powerhouse Defense Stocks That Can’t Be Ignored as Trump Ramps Up Iran War Spending
• Positive Sentiment: Product expansion that can drive future aftermarket and retrofit revenue: Reports indicate Lockheed is adding modular armed kits for Black Hawk helicopters, increasing mission flexibility and potential upgrade/repeat business for global operators. Is Lockheed Martin Expanding Black Hawk Helicopters With Armed Kits?
• Neutral Sentiment: Backlog and balance‑sheet strength support resilience: Analysis highlights Lockheed’s large backlog and cash generation as cushions against budget swings, making the company a longer‑term hold for some investors despite near‑term volatility. Got $7,500? 1 Defense Stock With the Backlog and Balance Sheet to Weather Any Trump‑Era Budget Swing.
• Neutral Sentiment: Mixed expectations on earnings cadence: Some analysts note Lockheed’s history of earnings surprises, which could support upside if execution remains strong, but timing and magnitude are uncertain. Will Lockheed (LMT) Beat Estimates Again in Its Next Earnings Report?
• Negative Sentiment: Near‑term earnings pressure flagged: An earnings preview flagged expectations for a decline in upcoming quarterly results, which can pressure the stock until clarity arrives on margins and program timing. Earnings Preview: Lockheed Martin (LMT) Q1 Earnings Expected to Decline
• Negative Sentiment: Political/industry risk and contractor scrutiny: Coverage on private‑equity influence and possible conditions tied to a larger defense budget highlights regulatory and political risks that could complicate contract terms, margins or future procurement timing. A Private Equity Billionaire Mounts His Biggest Takeover Yet: the Pentagon

Lockheed Martin Stock Performance

NYSE:LMT opened at $591.57 on Friday. The company’s 50-day moving average price is $637.03 and its 200-day moving average price is $551.65. The company has a current ratio of 1.09, a quick ratio of 0.94 and a debt-to-equity ratio of 3.05. The company has a market cap of $136.33 billion, a P/E ratio of 27.53, a P/E/G ratio of 1.09 and a beta of 0.23. Lockheed Martin Corporation has a twelve month low of $410.11 and a twelve month high of $692.00.

Lockheed Martin (NYSE:LMT) last posted its quarterly earnings results on Thursday, January 29th. The aerospace company reported $5.80 earnings per share for the quarter, missing the consensus estimate of $6.33 by ($0.53). The business had revenue of $20.32 billion during the quarter, compared to analysts’ expectations of $19.84 billion. Lockheed Martin had a return on equity of 108.53% and a net margin of 6.69%.The business’s quarterly revenue was up 9.1% on a year-over-year basis. During the same period in the prior year, the business posted $7.67 earnings per share. On average, sell-side analysts forecast that Lockheed Martin Corporation will post 27.15 earnings per share for the current fiscal year.

Lockheed Martin Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 27th. Stockholders of record on Monday, March 2nd were paid a $3.45 dividend. This represents a $13.80 annualized dividend and a dividend yield of 2.3%. The ex-dividend date of this dividend was Monday, March 2nd. Lockheed Martin’s dividend payout ratio (DPR) is currently 64.22%.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on the stock. Deutsche Bank Aktiengesellschaft increased their price objective on shares of Lockheed Martin from $492.00 to $611.00 and gave the company a “hold” rating in a report on Friday, January 30th. Citigroup increased their price objective on shares of Lockheed Martin from $673.00 to $675.00 and gave the company a “neutral” rating in a report on Wednesday, April 1st. Argus increased their price objective on shares of Lockheed Martin from $530.00 to $735.00 and gave the company a “buy” rating in a report on Friday, March 6th. Wall Street Zen downgraded shares of Lockheed Martin from a “strong-buy” rating to a “buy” rating in a report on Sunday, March 22nd. Finally, Jefferies Financial Group increased their price objective on shares of Lockheed Martin from $630.00 to $640.00 and gave the company a “hold” rating in a report on Tuesday, April 7th. Seven equities research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $645.79.

Lockheed Martin Company Profile

Lockheed Martin Corporation (NYSE: LMT) is a global aerospace and defense company that designs, develops and manufactures advanced technology systems for government and commercial customers. Formed through the 1995 merger of Lockheed Corporation and Martin Marietta, the company is headquartered in Bethesda, Maryland, and focuses on providing integrated solutions across air, space, land and sea domains. Its primary customers include the U.S. Department of Defense, NASA and allied governments around the world.

Lockheed Martin’s product and service portfolio spans military aircraft, missile and fire-control systems, missile defense, space systems and satellite technologies, sensors and precision weapons.