Lockheed Martin Corporation $LMT Stock: Curated Wealth Partners LLC Cuts Position

Key Points

• Curated Wealth Partners cut its Lockheed Martin stake by 98% in the third quarter, selling 78,235 shares and retaining 1,582 shares valued at approximately $806,000. Institutional investors overall still own 74.19% of the company.
• Lockheed Martin reported quarterly EPS of $7.94, exceeding expectations of $7.22, while revenue rose 10.5% year over year to $20.06 billion. The company reaffirmed fiscal 2026 EPS guidance of $29.95–$30.65.
• The company raised its quarterly dividend 4.3% to $3.60 per share, or $14.40 annually. Analysts maintain a consensus “Moderate Buy” rating with an average price target of $628.10, although some firms cited valuation and execution risks.

Curated Wealth Partners LLC decreased its stake in Lockheed Martin Corporation (NYSE:LMT - Free Report) by 98.0% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,582 shares of the aerospace company's stock after selling 78,235 shares during the period. Curated Wealth Partners LLC's holdings in Lockheed Martin were worth $806,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in LMT. Nvwm LLC raised its holdings in shares of Lockheed Martin by 1.7% in the third quarter. Nvwm LLC now owns 3,107 shares of the aerospace company's stock worth $1,582,000 after acquiring an additional 53 shares during the last quarter. Viking Fund Management LLC boosted its stake in shares of Lockheed Martin by 38.5% during the third quarter. Viking Fund Management LLC now owns 18,000 shares of the aerospace company's stock valued at $9,166,000 after acquiring an additional 5,000 shares during the last quarter. Howard Financial Services LTD. boosted its stake in shares of Lockheed Martin by 14.8% during the third quarter. Howard Financial Services LTD. now owns 496 shares of the aerospace company's stock valued at $252,000 after acquiring an additional 64 shares during the last quarter. Lipe & Dalton boosted its stake in shares of Lockheed Martin by 0.5% during the third quarter. Lipe & Dalton now owns 4,200 shares of the aerospace company's stock valued at $2,139,000 after acquiring an additional 20 shares during the last quarter. Finally, West Wealth Group LLC increased its position in Lockheed Martin by 22.7% during the 3rd quarter. West Wealth Group LLC now owns 1,042 shares of the aerospace company's stock worth $531,000 after purchasing an additional 193 shares in the last quarter. Hedge funds and other institutional investors own 74.19% of the company's stock.

Lockheed Martin Trading Up 2.2%

Shares of Lockheed Martin stock opened at $533.65 on Friday. Lockheed Martin Corporation has a fifty-two week low of $437.25 and a fifty-two week high of $692.00. The firm has a market cap of $123.16 billion, a PE ratio of 19.67, a P/E/G ratio of 1.13 and a beta of 0.09. The business's fifty day moving average is $542.60 and its two-hundred day moving average is $543.79. The company has a quick ratio of 1.01, a current ratio of 1.19 and a debt-to-equity ratio of 2.34.

Lockheed Martin (NYSE:LMT - Get Free Report) last posted its quarterly earnings data on Thursday, July 23rd. The aerospace company reported $7.94 earnings per share (EPS) for the quarter, topping the consensus estimate of $7.22 by $0.72. The business had revenue of $20.06 billion for the quarter, compared to analysts' expectations of $19.34 billion. Lockheed Martin had a return on equity of 91.42% and a net margin of 8.16%. The business's revenue was up 10.5% on a year-over-year basis. During the same quarter last year, the firm earned $1.46 earnings per share. Lockheed Martin has set its FY 2026 guidance at 29.950-30.650 EPS. 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 announced a quarterly dividend, which will be paid on Thursday, December 31st. Investors of record on Tuesday, December 1st will be given a dividend of $3.60 per share. This represents a $14.40 annualized dividend and a yield of 2.7%. 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 currently 50.87%.

Analysts Set New Price Targets

Several research analysts recently weighed in on the stock. Robert W. Baird set a $700.00 target price on shares of Lockheed Martin in a research note on Friday, July 24th. Sanford C. Bernstein decreased their price target on shares of Lockheed Martin from $629.00 to $564.00 and set a "market perform" rating on the stock in a research note on Wednesday. Wall Street Zen upgraded shares of Lockheed Martin from a "buy" rating to a "strong-buy" rating in a report on Sunday, September 20th. Wells Fargo & Company set a $600.00 price target on shares of Lockheed Martin in a report on Monday, July 27th. Finally, Barclays initiated coverage on shares of Lockheed Martin in a research report on Friday, October 9th. They issued an "equal weight" rating and a $554.00 price objective for the company. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $628.10.

Lockheed Martin News Roundup

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

• Positive Sentiment: Lockheed Martin announced a $300 million expansion of its Grand Prairie, Texas, advanced-munitions facility and plans to create approximately 6,000 U.S. jobs. The investment is intended to increase production of critical missile systems, including PAC-3 MSE interceptors, supporting longer-term revenue visibility as governments replenish inventories. Lockheed Martin Expands Advanced Munitions Manufacturing in Texas
• Positive Sentiment: The company raised its quarterly dividend 4.3% to $3.60 per share, or $14.40 annualized, extending its dividend-growth streak to 24 years. The increase reinforces the investment case for income-focused shareholders. This Defense Stock Just Raised Its Dividend by 4.3%
• Positive Sentiment: Lockheed Martin is expanding technology cooperation with the Royal Netherlands Aerospace Centre and discussing F-16 upgrades with Ukraine’s air force. The initiatives could support international defense relationships and future program opportunities. Skunk Works and the Royal Netherlands Aerospace Centre Expand Strategic Collaboration
• Positive Sentiment: Analysts and market commentary point to potential earnings strength next week, supported by recent contract activity, missile-production expansion and sustained defense spending. Lockheed’s current fiscal-year EPS guidance is $29.95 to $30.65. Lockheed Martin Earnings Expected to Grow
• Neutral Sentiment: Bernstein maintained a Hold rating, while RBC reduced its price target from $600 to $550 and assigned a Sector Perform rating. The revised target still implies limited potential upside but signals caution after the recent rebound.
• Negative Sentiment: Investors remain focused on valuation, cash-flow conversion and the risk of cost overruns on fixed-price programs. Comparisons with RTX also highlight concerns about Lockheed’s leverage and exposure to individual defense programs.

About Lockheed Martin

Lockheed Martin Corporation is a global aerospace, defense and technology company headquartered in Bethesda, Maryland. The company develops and produces advanced systems for government and commercial customers, with the U.S. Department of Defense and other U.S. government agencies representing its primary customers.

Its principal activities include the design and manufacture of military aircraft, missiles, air and missile defense systems, radar and sensor technologies, naval and rotary-wing systems, satellites, space exploration systems, and cybersecurity and information technology solutions.

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