Argo Wealth Advisory LLC Makes New $2.39 Million Investment in Lockheed Martin Corporation $LMT

Key Points

• Argo Wealth Advisory LLC purchased a new position in Lockheed Martin of 4,931 shares valued at approximately $2.39 million, representing 1.4% of the firm's holdings and ranking LMT as its 27th largest holding.
• Lockheed recently secured a roughly $4.7 billion Army contract and is expanding Black Hawk upgrade kits, strengthening near‑term revenue visibility and aftermarket opportunities.
• The company reported Q1 EPS of $5.80 (missing estimates) while revenue rose 9.1% year‑over‑year, and analysts hold a consensus "Hold" rating with a target price near $645.79 amid mixed price‑target revisions.

Argo Wealth Advisory LLC acquired a new position in Lockheed Martin Corporation (NYSE:LMT - Free Report) during the fourth quarter, according to the company in its most recent filing with the SEC. The fund acquired 4,931 shares of the aerospace company's stock, valued at approximately $2,385,000. Lockheed Martin makes up 1.4% of Argo Wealth Advisory LLC's holdings, making the stock its 27th biggest holding.

A number of other institutional investors have also modified their holdings of the stock. Inman Jager Wealth Management LLC grew its position in Lockheed Martin by 7.3% in the 4th quarter. Inman Jager Wealth Management LLC now owns 3,930 shares of the aerospace company's stock worth $1,901,000 after purchasing an additional 267 shares during the last quarter. Key Capital Management INC acquired a new stake in Lockheed Martin during the fourth quarter valued at approximately $51,000. Quadrant Private Wealth Management LLC lifted its stake in Lockheed Martin by 1.4% during the fourth quarter. Quadrant Private Wealth Management LLC now owns 3,789 shares of the aerospace company's stock valued at $1,833,000 after purchasing an additional 53 shares during the last quarter. Thomasville National Bank lifted its position in shares of Lockheed Martin by 2.8% in the 4th quarter. Thomasville National Bank now owns 9,336 shares of the aerospace company's stock valued at $4,516,000 after acquiring an additional 256 shares in the last quarter. Finally, PDS Planning Inc lifted its position in shares of Lockheed Martin by 1.4% in the 4th quarter. PDS Planning Inc now owns 1,800 shares of the aerospace company's stock valued at $871,000 after acquiring an additional 24 shares in the last quarter. Institutional investors and hedge funds own 74.19% of the company's stock.

Analyst Ratings Changes

LMT has been the topic of several research reports. TD Cowen upped their price objective on shares of Lockheed Martin from $600.00 to $670.00 and gave the company a "hold" rating in a research note on Friday, January 30th. Citigroup upped their price target on Lockheed Martin from $673.00 to $675.00 and gave the stock a "neutral" rating in a research note on Wednesday, April 1st. Susquehanna lifted their target price on shares of Lockheed Martin from $725.00 to $740.00 and gave the stock a "positive" rating in a report on Wednesday, March 18th. Deutsche Bank Aktiengesellschaft lifted their target price on shares of Lockheed Martin from $492.00 to $611.00 and gave the stock a "hold" rating in a report on Friday, January 30th. Finally, Wall Street Zen lowered shares of Lockheed Martin from a "strong-buy" rating to a "buy" rating in a research report on Sunday, March 22nd. Seven analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat.com, Lockheed Martin presently has an average rating of "Hold" and a consensus target price of $645.79.

Lockheed Martin Trading Down 0.6%

Shares of NYSE LMT opened at $607.25 on Friday. The company's 50 day simple moving average is $637.67 and its 200 day simple moving average is $550.59. Lockheed Martin Corporation has a fifty-two week low of $410.11 and a fifty-two week high of $692.00. The firm has a market capitalization of $139.95 billion, a P/E ratio of 28.26, a P/E/G ratio of 1.09 and a beta of 0.23. The company has a debt-to-equity ratio of 3.05, a current ratio of 1.09 and a quick ratio of 0.94.

Lockheed Martin (NYSE:LMT - Get Free Report) last issued its earnings results on Thursday, January 29th. The aerospace company reported $5.80 EPS for the quarter, missing the consensus estimate of $6.33 by ($0.53). Lockheed Martin had a net margin of 6.69% and a return on equity of 108.53%. The firm had revenue of $20.32 billion during the quarter, compared to the consensus estimate of $19.84 billion. During the same period in the previous year, the company posted $7.67 EPS. The firm's revenue for the quarter was up 9.1% on a year-over-year basis. On average, analysts predict that Lockheed Martin Corporation will post 27.15 EPS for the current year.

Lockheed Martin Dividend Announcement

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

Key Lockheed Martin News

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

• Positive Sentiment: Lockheed won a roughly $4.7 billion Army contract, boosting near‑term revenue visibility and backlog for land/air systems. This award supports cash flow and helps justify valuation given LMT’s large backlog. Lockheed Martin Just Scored a $4.7 Billion Army Contract
• Positive Sentiment: Lockheed is expanding Black Hawk helicopters with modular armed kits, which can increase upgrade revenue, extend product lifecycle for operators, and deepen recurring aftermarket opportunities worldwide. Is Lockheed Martin Expanding Black Hawk Helicopters With Armed Kits?
• Positive Sentiment: Analyst/commentary pieces highlight LMT’s strong backlog and balance sheet as a defense‑spending beneficiary, reinforcing the case for long‑term optionality across fighters, missiles and space programs if higher defense budgets materialize. Got $7,500? 1 Defense Stock With the Backlog and Balance Sheet to Weather Any Trump‑Era Budget Swing
• Neutral Sentiment: House passage of H.R.7613 targets enhanced collision‑prevention and avionics for DoD aircraft; this could create long‑cycle retrofit opportunities but timelines and rule detail extend to 2031, so near‑term impact is limited. Congress Vote: H.R. 7613 Passed
• Neutral Sentiment: The Army publicly denied recent comments about a precision‑strike missile shortage, reducing urgency narratives that could have driven emergency procurement—this tempers any knee‑jerk demand spike for missile suppliers. Army Denies Comments About Lockheed Martin Missile Shortage Amid Iran War
• Negative Sentiment: Zacks previews LMT’s upcoming Q1 and expects EPS to decline and indicates the company lacks the typical setup for an earnings beat—this raises short‑term downside risk around the report. Earnings Preview: Q1 Earnings Expected to Decline
• Negative Sentiment: J.P. Morgan placed LMT at a Hold, which can weigh on sentiment and limit upside from bullish headlines until analysts reconfirm guidance or beat results. Lockheed Martin Receives a Hold from J.P. Morgan
• Negative Sentiment: Reporting on private‑equity pressure and congressional dynamics suggests potential political and procurement scrutiny that could lead to tougher contract terms or margin pressure for big contractors. A Private Equity Billionaire Mounts His Biggest Takeover Yet: the Pentagon

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.

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