Citizens Financial Group Inc. RI Purchases 5,716 Shares of Lockheed Martin Corporation $LMT

Key Points

• Citizens Financial Group Inc. RI raised its stake in Lockheed Martin by 11.6%, buying 5,716 shares in Q4 to hold 54,862 shares valued at about $26.535 million.
• Lockheed secured a $1.13 billion U.S. Army HIMARS production award and multiple program technology wins (Skunk Works, Space Force "Golden Dome", GPS III/IIIF), strengthening near‑term revenue visibility and its long‑term backlog (about $186B).
• The company missed the April quarter EPS ($6.44 vs. $6.79) with revenue slightly below expectations, triggering a stock pullback and mixed analyst views (average rating "Hold", average target $632.58); Lockheed pays a $3.45 quarterly dividend (2.7% yield) and set FY2026 EPS guidance of 29.35–30.25.

Citizens Financial Group Inc. RI raised its position in Lockheed Martin Corporation (NYSE:LMT - Free Report) by 11.6% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 54,862 shares of the aerospace company's stock after acquiring an additional 5,716 shares during the period. Citizens Financial Group Inc. RI's holdings in Lockheed Martin were worth $26,535,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently modified their holdings of LMT. United Financial Planning Group LLC bought a new stake in Lockheed Martin during the 3rd quarter valued at $25,000. Barnes Dennig Private Wealth Management LLC lifted its stake in shares of Lockheed Martin by 285.7% in the third quarter. Barnes Dennig Private Wealth Management LLC now owns 54 shares of the aerospace company's stock valued at $27,000 after buying an additional 40 shares in the last quarter. Grey Fox Wealth Advisors LLC bought a new position in shares of Lockheed Martin in the third quarter valued at $27,000. Beacon Financial Strategies CORP acquired a new position in shares of Lockheed Martin during the fourth quarter valued at about $34,000. Finally, Pilgrim Partners Asia Pte Ltd acquired a new position in shares of Lockheed Martin during the third quarter valued at about $35,000. Institutional investors own 74.19% of the company's stock.

Key Headlines Impacting Lockheed Martin

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

• Positive Sentiment: Lockheed secured a $1.13 billion U.S. Army award to produce 17 HIMARS M142 launchers through 2028, supporting U.S. and allied deliveries (Taiwan, Estonia, Sweden). A multiyear production award like this supports near‑term revenue visibility and backlog. Lockheed Martin Secures $1.13 Billion HIMARS Deal
• Positive Sentiment: Program technology wins: coverage notes Lockheed’s Skunk Works and MDCX work (MQ‑25A flight oversight) plus roles in the Space Force “Golden Dome” interceptor and GPS III/IIIF satellites — reinforcing its leadership in advanced air, space and missile defense programs. These program wins underpin long‑term backlog and higher‑margin work. Is Lockheed Martin’s Golden Dome Role Redefining Its Narrative?
• Positive Sentiment: Partnership/AI robotics angle: XTEND’s CEO detailed an AI OS for autonomous drones and cited a Lockheed partnership; XTEND plans a $1.5B NASDAQ IPO (XTND). Strategic ties to AI/autonomy startups can accelerate Lockheed’s unmanned systems roadmap and investor enthusiasm for optionality. Is This Pre‑IPO AI Robotics Company the Next Big Defense Play?
• Neutral Sentiment: Analyst/opinion context: a TipRanks piece argues LMT’s recent pullback creates a buying opportunity given a large backlog (~$186B) and valuation — a positive thesis but opinion‑driven rather than company‑reported. Lockheed Martin Slid 27% — Backlog and Valuation Still Point to a Buy
• Neutral Sentiment: Peer moves: L3Harris (LHX) reported an upside quarter and raised 2026 EPS guidance; strong results across defense peers validate sector demand but also create relative performance comparisons. L3Harris Raises 2026 Guidance After Q1 Beat
• Neutral Sentiment: Startup ecosystem: Firestorm Labs raised $82M for fieldable drone factories — a sign of increased private capital in autonomy, which can both complement and compete with incumbents’ offerings. Firestorm Labs Raises $82M
• Negative Sentiment: Competitive/outperformance risk: General Dynamics (GD) posted a stronger Q1 and raised outlook, drawing investor attention and creating relative pressure on Lockheed if sentiment rotates to better‑reporting peers. General Dynamics Raises Full‑Year Outlook After Q1 Beat
• Negative Sentiment: Policy risk: rising GOP pushback on President Trump’s proposed 44% Pentagon budget increase introduces uncertainty around the pace and size of future discretionary defense funding increases, which could temper long‑term upside scenarios. Republicans Push Back On Trump's 44% Pentagon Budget Increase
• Negative Sentiment: Near‑term execution: Lockheed’s April quarter missed EPS and revenue estimates (EPS shortfall and modest revenue beat/miss dynamics), which has pressured the stock during the recent pullback and remains a watch item for investors assessing the valuation gap versus fundamentals.

Lockheed Martin Stock Up 1.6%

LMT opened at $518.15 on Friday. 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 $119.46 billion, a P/E ratio of 25.09, a PEG ratio of 0.92 and a beta of 0.23. The company's 50-day moving average is $617.05 and its 200 day moving average is $553.04. The company has a debt-to-equity ratio of 2.74, a current ratio of 1.14 and a quick ratio of 0.94.

Lockheed Martin (NYSE:LMT - Get Free Report) last issued 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). Lockheed Martin had a return on equity of 101.64% and a net margin of 6.38%.The firm had revenue of $18.02 billion during the quarter, compared to the consensus estimate of $18.38 billion. During the same period in the previous year, the company posted $7.28 earnings per share. The company's revenue for the quarter was up .3% on a year-over-year basis. Lockheed Martin has set its FY 2026 guidance at 29.350-30.250 EPS. Research analysts expect that Lockheed Martin Corporation will post 29.91 earnings per share for the current fiscal year.

Lockheed Martin Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 27th. Stockholders of record on Monday, March 2nd were issued a $3.45 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This represents a $13.80 annualized dividend and a dividend yield of 2.7%. Lockheed Martin's dividend payout ratio is currently 66.83%.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on LMT shares. Jefferies Financial Group restated a "hold" rating and issued a $595.00 target price on shares of Lockheed Martin in a report on Sunday. Royal Bank Of Canada cut their price target on Lockheed Martin from $650.00 to $575.00 and set a "sector perform" rating for the company in a research note on Friday, April 24th. Weiss Ratings lowered Lockheed Martin from a "buy (b-)" rating to a "hold (c+)" rating in a report on Wednesday. Bank of America dropped their target price on Lockheed Martin from $660.00 to $600.00 and set a "neutral" rating on the stock in a report on Friday, April 24th. Finally, Susquehanna cut their target price on Lockheed Martin from $740.00 to $700.00 and set a "positive" rating on the stock in a research report on Friday, April 24th. Six research analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat, Lockheed Martin presently has an average rating of "Hold" and an average price target of $632.58.

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.

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