Lockheed Martin Corporation $LMT Shares Sold by 1834 Investment Advisors Co.

Key Points

• 1834 Investment Advisors reduced its Lockheed Martin stake by 29.1% in the third quarter, selling 1,903 shares and retaining 4,647 shares valued at approximately $2.4 million. Institutional investors collectively own 74.19% of LMT.
• Analysts maintain a generally positive outlook, with Lockheed Martin holding a consensus “Moderate Buy” rating and an average price target of $627.10, despite some recent target reductions and hold ratings.
• Lockheed Martin reported stronger-than-expected quarterly results, raised its quarterly dividend 4.3% to $3.60 per share, and expects fiscal 2026 EPS of $29.95–$30.65. Growth prospects are supported by missile-defense demand, though elevated debt and fixed-price program risks remain concerns.

1834 Investment Advisors Co. decreased its holdings in Lockheed Martin Corporation (NYSE:LMT - Free Report) by 29.1% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 4,647 shares of the aerospace company's stock after selling 1,903 shares during the quarter. 1834 Investment Advisors Co.'s holdings in Lockheed Martin were worth $2,366,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of LMT. Penbrook Management LLC acquired a new position in Lockheed Martin in the third quarter valued at about $280,000. CWS Financial Advisors LLC increased its stake in Lockheed Martin by 2.6% in the third quarter. CWS Financial Advisors LLC now owns 2,018 shares of the aerospace company's stock valued at $1,028,000 after acquiring an additional 51 shares during the last quarter. Aull & Monroe Investment Management Corp raised its position in Lockheed Martin by 1.8% during the third quarter. Aull & Monroe Investment Management Corp now owns 3,725 shares of the aerospace company's stock valued at $1,897,000 after purchasing an additional 65 shares in the last quarter. RKL Wealth Management LLC raised its position in Lockheed Martin by 7.4% during the third quarter. RKL Wealth Management LLC now owns 956 shares of the aerospace company's stock valued at $487,000 after purchasing an additional 66 shares in the last quarter. Finally, Hengehold Capital Management LLC raised its position in Lockheed Martin by 1.6% during the third quarter. Hengehold Capital Management LLC now owns 8,258 shares of the aerospace company's stock valued at $4,205,000 after purchasing an additional 131 shares in the last quarter. Institutional investors and hedge funds own 74.19% of the company's stock.

Wall Street Analysts Forecast Growth

LMT has been the topic of a number of research analyst reports. Wall Street Zen downgraded Lockheed Martin from a "strong-buy" rating to a "buy" rating in a report on Saturday. Sanford C. Bernstein decreased their price target on Lockheed Martin from $629.00 to $564.00 and set a "market perform" rating on the stock in a research note on Wednesday. Wells Fargo & Company set a $600.00 price target on Lockheed Martin in a report on Monday, July 27th. Barclays assumed coverage on Lockheed Martin in a research report on Friday, October 9th. They set an "equal weight" rating and a $554.00 price objective for the company. Finally, Morgan Stanley raised their price objective on Lockheed Martin from $653.00 to $690.00 and gave the company an "equal weight" rating in a research note on Friday, July 24th. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $627.10.

Lockheed Martin News Roundup

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

• Positive Sentiment: UBS reiterated its bullish view and said Lockheed’s missile sales could grow roughly 20% annually for years. The highly profitable Missiles and Fire Control division could drive earnings growth faster than revenue, supporting the stock’s recent momentum. Why Lockheed Martin Stock Keeps Going Up
• Positive Sentiment: Lockheed announced a $300 million Texas investment and plans to add approximately 6,000 U.S. jobs, expanding advanced-munitions capacity. PAC-3 MSE production is targeted to rise from about 600 units annually to at least 2,000 over time, improving the company’s ability to capture sustained missile-defense demand. Lockheed Martin Supercharges US Missile Production With $300 Million Texas Investment
• Positive Sentiment: The company raised its quarterly dividend 4.3% to $3.60 per share, extending its dividend-growth streak to 24 years. The increase reinforces Lockheed’s appeal to income-focused investors. This Defense Stock Just Raised Its Dividend by 4.3%
• Positive Sentiment: Lockheed delivered a C-130J-30 aircraft to the U.S. Navy for the future E-130J Phoenix II TACAMO mission, highlighting continued demand for its strategic-airlift and command-and-control platforms. U.S. Navy Receives C-130J-30 Super Hercules
• Neutral Sentiment: Analysts expect third-quarter earnings to grow about 7.6%, with missile-defense demand and production increases supporting revenue. Investors are watching the October 22 report for evidence that recent investments are translating into cash flow and profit growth.
• Neutral Sentiment: Potential changes to Norway’s sovereign wealth fund rules could eventually allow investment in Lockheed, which is currently excluded because of its nuclear-weapons involvement. Any benefit remains speculative and depends on the policy change.
• Negative Sentiment: RBC lowered its price target from $600 to $550 and maintained a “sector perform” rating, signaling limited near-term upside at current valuation. RBC Lowers Lockheed Martin Price Target
• Negative Sentiment: Investors continue to weigh Lockheed’s elevated debt, execution risks on fixed-price programs and the possibility of future contract charges. Bernstein also maintained a hold rating.

Lockheed Martin Stock Performance

NYSE:LMT opened at $551.96 on Friday. The stock's 50-day moving average is $541.90 and its 200-day moving average is $543.85. Lockheed Martin Corporation has a 1-year low of $437.25 and a 1-year high of $692.00. The company has a current ratio of 1.19, a quick ratio of 1.01 and a debt-to-equity ratio of 2.34. The stock has a market cap of $127.39 billion, a P/E ratio of 20.35, a price-to-earnings-growth ratio of 1.20 and a beta of 0.09.

Lockheed Martin (NYSE:LMT - Get Free Report) last issued its quarterly earnings data on Thursday, July 23rd. The aerospace company reported $7.94 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $7.22 by $0.72. Lockheed Martin had a net margin of 8.16% and a return on equity of 91.42%. The business had revenue of $20.06 billion during the quarter, compared to analyst estimates of $19.34 billion. During the same quarter last year, the business earned $1.46 EPS. The firm's quarterly revenue was up 10.5% on a year-over-year basis. Lockheed Martin has set its FY 2026 guidance at 29.950-30.650 EPS. Equities research analysts anticipate that Lockheed Martin Corporation will post 30.44 earnings per share for the current year.

Lockheed Martin Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 31st. Stockholders of record on Tuesday, December 1st will be issued a dividend of $3.60 per share. This represents a $14.40 dividend on an annualized basis and a dividend yield of 2.6%. This is a boost from Lockheed Martin's previous quarterly dividend of $3.45. The ex-dividend date is Tuesday, December 1st. Lockheed Martin's dividend payout ratio (DPR) is presently 53.08%.

Lockheed Martin Company Profile

Lockheed Martin Corporation is a global security and aerospace company headquartered in Bethesda, Maryland. Formed in 1995 through the merger of Lockheed Corporation and Martin Marietta, the company develops and produces advanced defense, aerospace, and technology systems for government and commercial customers.

Its principal business areas include Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space. Products and services include military aircraft such as the F-35 Lightning II, C-130 Hercules, and F-16 Fighting Falcon; missile-defense and precision-strike systems; helicopters and naval systems; command, control, communications, and intelligence technologies; satellites; space exploration systems; and other classified space and defense programs.

Lockheed Martin serves the U.S.

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