Lockheed Martin Corporation $LMT Stock: Commonwealth Financial Services LLC Reduces Stake

Key Points

• Commonwealth Financial Services LLC cut its Lockheed Martin stake by 76.6% in the third quarter, selling 3,109 shares and retaining 949 shares valued at approximately $483,000. Institutional investors still own 74.19% of the company.
• Analysts maintain a generally positive outlook, with Lockheed Martin carrying a consensus rating of “Moderate Buy” and an average price target of $627.10, despite some target-price reductions.
• Lockheed Martin reported quarterly earnings and revenue above expectations and increased its quarterly dividend to $3.60 per share, while shares recently traded near $548.70.

Commonwealth Financial Services LLC lowered its holdings in Lockheed Martin Corporation (NYSE:LMT - Free Report) by 76.6% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 949 shares of the aerospace company's stock after selling 3,109 shares during the quarter. Commonwealth Financial Services LLC's holdings in Lockheed Martin were worth $483,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Burnham & Co LLC acquired a new position in shares of Lockheed Martin during the second quarter valued at about $25,000. Field & Main Bank purchased a new position in Lockheed Martin in the 2nd quarter worth $26,000. Kelleher Financial Advisors acquired a new stake in Lockheed Martin during the 2nd quarter worth about $29,000. Highland Investment Advisors LLC acquired a new stake in shares of Lockheed Martin during the second quarter worth about $29,000. Finally, IAG Wealth Partners LLC boosted its holdings in shares of Lockheed Martin by 4,800.0% in the 1st quarter. IAG Wealth Partners LLC now owns 49 shares of the aerospace company's stock valued at $30,000 after acquiring an additional 48 shares during the last quarter. Institutional investors own 74.19% of the company's stock.

Analysts Set New Price Targets

A number of research analysts have issued reports on LMT shares. Robert W. Baird set a $700.00 price target on Lockheed Martin in a report on Friday, July 24th. Weiss Ratings upgraded shares of Lockheed Martin from a "hold (c+)" rating to a "buy (b-)" rating in a report on Friday, October 9th. Citigroup lifted their target price on Lockheed Martin from $641.00 to $691.00 and gave the company a "buy" rating in a report on Thursday, August 13th. Royal Bank Of Canada cut their price target on shares of Lockheed Martin from $600.00 to $550.00 and set a "sector perform" rating on the stock in a research note on Thursday, October 15th. Finally, UBS Group restated a "buy" rating and issued a $653.00 target price on shares of Lockheed Martin in a research note on Friday. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $627.10.

Lockheed Martin Trading Up 0.1%

Shares of Lockheed Martin stock traded up $0.47 during trading hours on Tuesday, reaching $548.70. The stock had a trading volume of 736,799 shares, compared to its average volume of 1,438,002. Lockheed Martin Corporation has a 1 year low of $437.25 and a 1 year high of $692.00. The firm has a 50 day simple moving average of $540.85 and a two-hundred day simple moving average of $543.09. The firm has a market capitalization of $126.63 billion, a price-to-earnings ratio of 20.22, a P/E/G ratio of 1.20 and a beta of 0.09. The company has a current ratio of 1.19, a quick ratio of 1.01 and a debt-to-equity ratio of 2.34.

Lockheed Martin (NYSE:LMT - Get Free Report) last announced its earnings results on Thursday, July 23rd. The aerospace company reported $7.94 EPS for the quarter, beating the consensus estimate of $7.22 by $0.72. Lockheed Martin had a return on equity of 91.42% and a net margin of 8.16%. The business had revenue of $20.06 billion for the quarter, compared to the consensus estimate of $19.34 billion. During the same period last year, the business posted $1.46 EPS. The company's 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. As a group, equities research analysts anticipate that Lockheed Martin Corporation will post 30.44 earnings per share for the current year.

Lockheed Martin Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 31st. Investors of record on Tuesday, December 1st will be paid a dividend of $3.60 per share. This represents a $14.40 annualized dividend and a 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 50.87%.

Lockheed Martin News Summary

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

• Positive Sentiment: Lockheed Martin signed a seven-year, $218 million agreement with Karman Space & Defense to supply shrouds for the Terminal High Altitude Area Defense (THAAD) system. The deal supports longer-term production visibility for LMT’s missile-defense business. Karman Space & Defense Awarded $218 Million Long-Term Agreement to Support THAAD Production
• Positive Sentiment: A Lockheed Martin and RTX joint venture won a $215 million U.S. Army contract for Javelin launchers, while LMT separately secured a $117.1 million contract to support Apache helicopter radar systems. The awards reinforce demand for the company’s missile and electronic-warfare products. RTX, Lockheed Martin JV wins $215M US Army contract for Javelin launchers LMT Secures $117.1M Contract for Apache Helicopter Radar Support
• Positive Sentiment: Lockheed is working with Hadrian on an embedded manufacturing operation intended to increase munitions production. The initiative could improve capacity and help address growing U.S. and allied weapons demand. Inside the Lockheed-Hadrian deal promising more munitions
• Positive Sentiment: Ukraine’s president discussed accelerating Patriot deliveries with Lockheed Martin, potentially supporting demand for the company’s air-defense systems. LMT also continues to attract attention for its 6.9% trailing free-cash-flow yield, which may appeal to income-focused investors. Ukraine's Zelenskiy discusses speeding up supplies of Patriots with Lockheed Martin Why Is Everyone Ignoring Lockheed Martin Stock's High Cash Yield?
• Neutral Sentiment: Investors are focused on LMT’s upcoming third-quarter earnings, particularly F-35 deliveries, revenue conversion from its backlog and updated 2026 expectations. Lockheed Q3 Earnings on the Horizon
• Negative Sentiment: Analysts cite rising political uncertainty, increased competition and a chart pattern indicating continued weakness after LMT’s decline from its March peak. New 2027 requirements for non-Chinese rare-earth magnets could also raise sourcing costs, although potential eligibility for Norway’s sovereign wealth fund could provide an offset. Lockheed Martin stock flashes a risky pattern as two key threats emerge

About Lockheed Martin

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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