Arizona State Retirement System Sells 2,297 Shares of Lockheed Martin Corporation $LMT

Arizona State Retirement System trimmed its position in shares of Lockheed Martin Corporation (NYSE:LMT) by 3.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 59,309 shares of the aerospace company’s stock after selling 2,297 shares during the period. Arizona State Retirement System’s holdings in Lockheed Martin were worth $28,686,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Wellington Management Group LLP raised its stake in shares of Lockheed Martin by 3.4% during the third quarter. Wellington Management Group LLP now owns 2,384,753 shares of the aerospace company’s stock valued at $1,190,493,000 after acquiring an additional 79,491 shares during the last quarter. Invesco Ltd. raised its stake in shares of Lockheed Martin by 4.2% during the third quarter. Invesco Ltd. now owns 2,196,058 shares of the aerospace company’s stock valued at $1,096,294,000 after acquiring an additional 87,663 shares during the last quarter. Legal & General Group Plc raised its stake in shares of Lockheed Martin by 6.6% during the third quarter. Legal & General Group Plc now owns 1,022,940 shares of the aerospace company’s stock valued at $510,662,000 after acquiring an additional 63,430 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of Lockheed Martin by 41.3% during the third quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 808,409 shares of the aerospace company’s stock valued at $403,534,000 after acquiring an additional 236,137 shares during the last quarter. Finally, Ameriprise Financial Inc. raised its stake in shares of Lockheed Martin by 16.6% during the second quarter. Ameriprise Financial Inc. now owns 761,382 shares of the aerospace company’s stock valued at $347,381,000 after acquiring an additional 108,553 shares during the last quarter. 74.19% of the stock is owned by institutional investors.

Lockheed Martin Price Performance

LMT opened at $530.27 on Friday. The stock has a fifty day simple moving average of $631.13 and a two-hundred day simple moving average of $552.93. 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 $122.21 billion, a price-to-earnings ratio of 24.68, a price-to-earnings-growth ratio of 0.99 and a beta of 0.23. Lockheed Martin Corporation has a 12-month low of $410.11 and a 12-month high of $692.00.

Lockheed Martin (NYSE:LMT) last posted its quarterly earnings data on Thursday, April 23rd. The aerospace company reported $6.44 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $6.79 by ($0.35). The firm had revenue of $18.02 billion during the quarter, compared to the consensus estimate of $18.38 billion. Lockheed Martin had a return on equity of 108.53% and a net margin of 6.69%.Lockheed Martin’s revenue for the quarter was up .3% compared to the same quarter last year. During the same quarter last year, the company posted $7.28 EPS. Lockheed Martin has set its FY 2026 guidance at 29.350-30.250 EPS. Research analysts predict that Lockheed Martin Corporation will post 29.97 earnings per share for the current fiscal year.

Lockheed Martin Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Monday, March 2nd were given a dividend of $3.45 per share. This represents a $13.80 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date of this dividend was Monday, March 2nd. Lockheed Martin’s dividend payout ratio (DPR) is 64.22%.

Wall Street Analysts Forecast Growth

Several research analysts have commented on LMT shares. Wells Fargo & Company started coverage on shares of Lockheed Martin in a report on Wednesday, April 1st. They issued an “equal weight” rating and a $650.00 price objective for the company. JPMorgan Chase & Co. upped their price objective on shares of Lockheed Martin from $515.00 to $680.00 and gave the stock a “neutral” rating in a report on Friday, January 30th. Argus upped their price objective on shares of Lockheed Martin from $530.00 to $735.00 and gave the stock a “buy” rating in a report on Friday, March 6th. Robert W. Baird upped their price objective on shares of Lockheed Martin from $550.00 to $640.00 and gave the stock an “outperform” rating in a report on Friday, January 16th. Finally, Royal Bank Of Canada upped their price objective on shares of Lockheed Martin from $615.00 to $650.00 and gave the stock a “sector perform” rating in a report on Friday, January 30th. Seven research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $646.16.

Trending Headlines about Lockheed Martin

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

• Positive Sentiment: Peru selected Lockheed to buy 12 F‑16 Block 70 fighters — a direct international order that supports near‑term aircraft production and backlog. Read More. Read More.
• Positive Sentiment: Defense spending tailwinds and Lockheed’s record backlog (especially missile and munitions demand) underpin revenue visibility over the medium term. Read More.
• Neutral Sentiment: Management reaffirmed FY2026 guidance (EPS range $29.35–30.25; revenue $77.5B–$80.0B), which roughly tracks consensus but slightly under some expectations — this leaves guidance intact but not a catalyst. Read More.
• Neutral Sentiment: CEO commentary framed a favorable policy backdrop (comments about the incoming Pentagon), signaling intent to pursue growth under higher U.S. defense budgets — strategic tone is positive but not immediate cash impact. Read More.
• Negative Sentiment: Q1 EPS of $6.44 missed consensus (~$6.79) and revenue of ~$18.0B missed estimates — the headline miss is the primary driver of the share decline. Read More.
• Negative Sentiment: Free cash flow turned negative (reported ~‑$291M) and cash from operations was weak; fixed‑price contract costs and production slowdowns on F‑16/C‑130 programs increased costs and pressured margins. Those operational issues are causing investor concern about near‑term execution. Read More. Read More.
• Negative Sentiment: Analyst reactions mixed: some premarket downgrades/price‑target adjustments and near‑term selling pressure as investors digest the miss; watch revisions to estimates and cash‑flow metrics. Read More.

About Lockheed Martin

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.