Lockheed Martin Corporation $LMT Shares Sold by Empirical Financial Services LLC d.b.a. Empirical Wealth Management

Empirical Financial Services LLC d.b.a. Empirical Wealth Management lowered its position in shares of Lockheed Martin Corporation (NYSE:LMT) by 78.7% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,566 shares of the aerospace company’s stock after selling 9,485 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management’s holdings in Lockheed Martin were worth $1,281,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Tableaux LLC lifted its holdings in Lockheed Martin by 34,231.4% in the 2nd quarter. Tableaux LLC now owns 623,115 shares of the aerospace company’s stock worth $288,589,000 after buying an additional 621,300 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of Lockheed Martin by 169.3% during the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 572,272 shares of the aerospace company’s stock worth $265,030,000 after acquiring an additional 359,748 shares during the last quarter. Vanguard Group Inc. increased its position in shares of Lockheed Martin by 1.0% during the second quarter. Vanguard Group Inc. now owns 21,697,527 shares of the aerospace company’s stock worth $10,048,993,000 after acquiring an additional 214,565 shares during the last quarter. Holocene Advisors LP acquired a new position in shares of Lockheed Martin in the second quarter worth about $92,628,000. Finally, Natixis boosted its holdings in Lockheed Martin by 1,478.6% in the second quarter. Natixis now owns 203,859 shares of the aerospace company’s stock valued at $94,415,000 after purchasing an additional 190,945 shares during the last quarter. 74.19% of the stock is currently owned by hedge funds and other institutional investors.

Trending Headlines about Lockheed Martin

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

• Positive Sentiment: Reports that Germany was weighing buying more F‑35 jets drove an initial rally by suggesting a material follow‑on order and revenue upside for Lockheed’s F‑35 program. Germany weighs buying more Lockheed F‑35 fighter jets – Reuters
• Positive Sentiment: Market commentary and early movers noted LMT shares rising as headlines circulated that Germany might expand its F‑35 purchase, a near‑term demand catalyst for production and backlog. Lockheed Martin Stock (LMT) Rises as Germany Eyes More F‑35 Fighter Jets – TipRanks
• Positive Sentiment: Coverage noting Germany’s approval/interest in the F‑35 helped investor sentiment and trading momentum earlier in the session. Why Lockheed Martin Stock Took Off Today – The Motley Fool
• Positive Sentiment: Lockheed secured a contract to upgrade/transform C‑130J aircrew training with Australia, adding modest near‑term revenue and reinforcing defense‑services growth beyond fighter production. Lockheed Martin Partners With Australia To Transform C‑130J Aircrew Training – Benzinga
• Positive Sentiment: Longer‑term thematic coverage (Artemis/lunar economy) highlights structural aerospace tailwinds that support multi‑year growth narratives for Lockheed and peers. Fly Me To The Moon – TalkMarkets
• Neutral Sentiment: Zacks analysis positioning LMT as a momentum name underscores favorable style scores and may attract style‑focused flows, but it’s not an immediate earnings or contract catalyst. Why Lockheed Martin (LMT) is a Top Momentum Stock for the Long‑Term – Zacks
• Neutral Sentiment: A separate Zacks piece arguing LMT is a strong value stock provides supporting analyst context for buy‑and‑hold investors but doesn’t change near‑term order risk. Here’s Why Lockheed Martin (LMT) is a Strong Value Stock – Zacks
• Negative Sentiment: Germany’s government later denied reports that it has made political decisions or concrete plans to order additional F‑35 aircraft, removing the primary near‑term upside catalyst and pressuring the stock. Germany Denies Report of Additional F‑35 Orders Beyond 35 Aircraft – Yahoo Finance

Lockheed Martin Stock Down 1.3%

LMT stock opened at $658.10 on Monday. The firm has a market cap of $151.42 billion, a PE ratio of 30.62, a P/E/G ratio of 1.19 and a beta of 0.23. Lockheed Martin Corporation has a 12 month low of $410.11 and a 12 month high of $669.75. The company has a debt-to-equity ratio of 3.05, a current ratio of 1.09 and a quick ratio of 0.94. The firm has a 50 day simple moving average of $563.88 and a 200 day simple moving average of $502.82.

Lockheed Martin (NYSE:LMT) last announced its quarterly earnings data on Thursday, January 29th. The aerospace company reported $5.80 EPS for the quarter, missing analysts’ consensus estimates of $6.33 by ($0.53). The company had revenue of $20.32 billion for the quarter, compared to analyst estimates of $19.84 billion. Lockheed Martin had a net margin of 6.69% and a return on equity of 108.53%. Lockheed Martin’s revenue was up 9.1% on a year-over-year basis. During the same quarter last year, the company posted $7.67 EPS. Equities research analysts forecast that Lockheed Martin Corporation will post 27.15 earnings per share for the current fiscal year.

Lockheed Martin Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, March 27th. Stockholders of record on Monday, March 2nd will be issued a dividend of $3.45 per share. This represents a $13.80 annualized dividend and a dividend yield of 2.1%. The ex-dividend date of this dividend is Monday, March 2nd. Lockheed Martin’s dividend payout ratio is currently 64.22%.

Wall Street Analyst Weigh In

LMT has been the topic of several analyst reports. TD Cowen lifted their price objective on Lockheed Martin from $600.00 to $670.00 and gave the stock a “hold” rating in a report on Friday, January 30th. Royal Bank Of Canada raised their price target on shares of Lockheed Martin from $615.00 to $650.00 and gave the stock a “sector perform” rating in a research report on Friday, January 30th. Morgan Stanley set a $675.00 target price on shares of Lockheed Martin in a research note on Wednesday, February 4th. Deutsche Bank Aktiengesellschaft lifted their target price on Lockheed Martin from $492.00 to $611.00 and gave the company a “hold” rating in a research note on Friday, January 30th. Finally, Sanford C. Bernstein reaffirmed a “market perform” rating and issued a $654.00 price objective on shares of Lockheed Martin in a report on Friday, February 6th. Six analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $612.50.

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.