Lockheed Martin Corporation $LMT Shares Sold by Focused Investors LLC

Key Points

• Focused Investors LLC cut its stake in Lockheed Martin (NYSE:LMT) by 2.7%, selling 4,600 shares and leaving 167,100 shares valued at about $80.82 million.
• Analysts have lifted price targets recently but the consensus remains a "Hold" with an average price target of $645.79 (7 Buy, 13 Hold, 1 Sell).
• Lockheed's latest quarter showed EPS $5.80 (missed) while revenue $20.32B beat estimates (+9.1% YoY); the company also secured a ~$1.9B Pentagon IDIQ contract and pays a quarterly dividend of $3.45 (yield 2.3%).

Focused Investors LLC cut its holdings in Lockheed Martin Corporation (NYSE:LMT - Free Report) by 2.7% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 167,100 shares of the aerospace company's stock after selling 4,600 shares during the period. Lockheed Martin comprises approximately 2.6% of Focused Investors LLC's holdings, making the stock its 19th biggest position. Focused Investors LLC owned 0.07% of Lockheed Martin worth $80,821,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of LMT. Brighton Jones LLC boosted its holdings in shares of Lockheed Martin by 5.0% in the 4th quarter. Brighton Jones LLC now owns 3,995 shares of the aerospace company's stock valued at $1,941,000 after buying an additional 191 shares during the period. Sivia Capital Partners LLC boosted its holdings in shares of Lockheed Martin by 5.4% in the 2nd quarter. Sivia Capital Partners LLC now owns 973 shares of the aerospace company's stock valued at $451,000 after buying an additional 50 shares during the period. Schnieders Capital Management LLC. boosted its holdings in shares of Lockheed Martin by 17.3% in the 2nd quarter. Schnieders Capital Management LLC. now owns 1,460 shares of the aerospace company's stock valued at $676,000 after buying an additional 215 shares during the period. Gamco Investors INC. ET AL boosted its holdings in shares of Lockheed Martin by 36.0% in the 2nd quarter. Gamco Investors INC. ET AL now owns 2,250 shares of the aerospace company's stock valued at $1,042,000 after buying an additional 595 shares during the period. Finally, Sei Investments Co. boosted its holdings in shares of Lockheed Martin by 18.2% in the 2nd quarter. Sei Investments Co. now owns 86,569 shares of the aerospace company's stock valued at $40,092,000 after buying an additional 13,300 shares during the period. 74.19% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research analysts have recently commented on the stock. UBS Group lifted their price target on shares of Lockheed Martin from $580.00 to $663.00 and gave the company a "neutral" rating in a report on Monday, February 2nd. Robert W. Baird lifted their price objective on shares of Lockheed Martin from $550.00 to $640.00 and gave the company an "outperform" rating in a research report on Friday, January 16th. Truist Financial lifted their price objective on shares of Lockheed Martin from $605.00 to $695.00 and gave the company a "buy" rating in a research report on Friday, January 30th. Weiss Ratings upgraded shares of Lockheed Martin from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Monday, March 23rd. Finally, Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Lockheed Martin from $492.00 to $611.00 and gave the company a "hold" rating in a research report on Friday, January 30th. Seven investment analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Hold" and an average price target of $645.79.

Lockheed Martin Trading Down 0.1%

Shares of NYSE:LMT opened at $591.57 on Monday. The company has a market cap of $136.33 billion, a PE ratio of 27.53, a P/E/G ratio of 1.06 and a beta of 0.23. The company's 50-day moving average price is $637.03 and its 200 day moving average price is $552.02. Lockheed Martin Corporation has a fifty-two week low of $410.11 and a fifty-two week high of $692.00. The company has a quick ratio of 0.94, a current ratio of 1.09 and a debt-to-equity ratio of 3.05.

Lockheed Martin (NYSE:LMT - Get Free Report) last issued its quarterly earnings data on Thursday, January 29th. The aerospace company reported $5.80 earnings per share for the quarter, missing the consensus estimate of $6.33 by ($0.53). The firm had revenue of $20.32 billion during the quarter, compared to the consensus estimate of $19.84 billion. Lockheed Martin had a net margin of 6.69% and a return on equity of 108.53%. The company's revenue for the quarter was up 9.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $7.67 earnings per share. Sell-side analysts anticipate that Lockheed Martin Corporation will post 27.15 earnings per share for the current year.

Lockheed Martin Dividend Announcement

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

Key Lockheed Martin News

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

• Positive Sentiment: Won a sizable Pentagon contract: Lockheed secured a sole‑source, IDIQ $1.9 billion award to continue C‑130J maintenance and the Aircrew Training System program — a near‑term revenue and backlog boost for sustainment services. Lockheed Martin (LMT) Secures $1.9 Billion Contract
• Positive Sentiment: Potential large U.S. defense budget tailwind: Commentaries point to a proposed surge in defense spending (discussion of figures up to ~$1.5T) that would favor prime contractors like LMT through higher topline opportunity across aircraft, missiles and sustainment. This narrative supports longer‑term growth expectations. 3 Powerhouse Defense Stocks That Can't Be Ignored as Trump Ramps Up Iran War Spending
• Positive Sentiment: Product expansion that can drive future aftermarket and retrofit revenue: Reports indicate Lockheed is adding modular armed kits for Black Hawk helicopters, increasing mission flexibility and potential upgrade/repeat business for global operators. Is Lockheed Martin Expanding Black Hawk Helicopters With Armed Kits?
• Neutral Sentiment: Backlog and balance‑sheet strength support resilience: Analysis highlights Lockheed’s large backlog and cash generation as cushions against budget swings, making the company a longer‑term hold for some investors despite near‑term volatility. Got $7,500? 1 Defense Stock With the Backlog and Balance Sheet to Weather Any Trump‑Era Budget Swing.
• Neutral Sentiment: Mixed expectations on earnings cadence: Some analysts note Lockheed’s history of earnings surprises, which could support upside if execution remains strong, but timing and magnitude are uncertain. Will Lockheed (LMT) Beat Estimates Again in Its Next Earnings Report?
• Negative Sentiment: Near‑term earnings pressure flagged: An earnings preview flagged expectations for a decline in upcoming quarterly results, which can pressure the stock until clarity arrives on margins and program timing. Earnings Preview: Lockheed Martin (LMT) Q1 Earnings Expected to Decline
• Negative Sentiment: Political/industry risk and contractor scrutiny: Coverage on private‑equity influence and possible conditions tied to a larger defense budget highlights regulatory and political risks that could complicate contract terms, margins or future procurement timing. A Private Equity Billionaire Mounts His Biggest Takeover Yet: the Pentagon

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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