Maple Capital Management Inc. Cuts Stake in Lockheed Martin Corporation $LMT

Key Points

• Maple Capital Management cut its Lockheed Martin stake by 96.5% in Q3, selling 27,078 shares and retaining 974 shares worth about $486,000.
• Lockheed has mixed operational news: it completed the first flight test of the new PrSM Inc.-2 missile with a maritime seeker, while the Pentagon has flagged F‑35 software delays and capability shortfalls that could pressure future deliveries and margins.
• The company missed quarterly EPS ($5.80 vs. $6.33 expected) but beat revenue, declared a quarterly dividend of $3.45 (annualized $13.80, ~2.2% yield), and holds an average analyst rating of Hold with a $618.95 price target.

Maple Capital Management Inc. lessened its holdings in Lockheed Martin Corporation (NYSE:LMT - Free Report) by 96.5% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 974 shares of the aerospace company's stock after selling 27,078 shares during the period. Maple Capital Management Inc.'s holdings in Lockheed Martin were worth $486,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of LMT. Brighton Jones LLC increased its holdings in Lockheed Martin by 5.0% during the 4th quarter. Brighton Jones LLC now owns 3,995 shares of the aerospace company's stock worth $1,941,000 after purchasing an additional 191 shares during the period. Sivia Capital Partners LLC boosted its stake 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 stake 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. MTM Investment Management LLC acquired a new position in shares of Lockheed Martin during the second quarter worth about $36,000. Finally, Nomura Asset Management Co. Ltd. increased its stake in shares of Lockheed Martin by 6.5% during the second quarter. Nomura Asset Management Co. Ltd. now owns 84,989 shares of the aerospace company's stock worth $39,362,000 after buying an additional 5,167 shares during the period. Institutional investors and hedge funds own 74.19% of the company's stock.

More Lockheed Martin News

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

• Positive Sentiment: Lockheed completed the first flight test of its new PrSM Inc.‑2 missile with a seeker designed to engage maritime targets — a technology milestone that can support future contract wins and program momentum. Lockheed Conducts First Flight Test Of New PrSM Inc. 2 With Seeker To Hit Maritime Targets
• Neutral Sentiment: Several analyst and sector articles compare Lockheed to peers and discuss valuation — useful context for investors deciding whether to buy or hold but not immediate catalysts. Better Defense Stock: Lockheed Martin vs. RTX
• Neutral Sentiment: Macro defense-sector coverage and ETF flows are highlighting defense names this year; broader tailwinds could help Lockheed over time but don’t explain today’s move. The Schwab U.S. Dividend Equity ETF Has Surged Over 12% in 2026. Its 3 Top Holdings Have Been Major Contributors to Its Rally.
• Negative Sentiment: The Pentagon has flagged further delays and capability shortfalls in the latest F‑35 software upgrades — a direct operational and contract‑execution risk that can pressure future margins and deliveries. Pentagon Flags New Delays In F-35 Software
• Negative Sentiment: Lockheed drew scrutiny after committing a $10M donation to the White House ballroom project; media and regulatory attention on donor influence can create reputational and political risk for a major government contractor. Lockheed Martin Faces Donation Scrutiny And F-35 Software Setback Risks
• Negative Sentiment: A shareholder‑litigation firm is investigating the Terran Orbital merger (a deal involving Lockheed), alleging potential conflicts and low consideration paid to Terran shareholders — this raises legal and PR risk exposure. INVESTOR ACTION NOTICE: Moore Law PLLC Encourages Investors in Terran Orbital Corporation to Contact Law Firm

Lockheed Martin Stock Performance

Shares of LMT opened at $636.11 on Wednesday. The company has a market capitalization of $146.36 billion, a price-to-earnings ratio of 29.60, a price-to-earnings-growth ratio of 1.16 and a beta of 0.22. Lockheed Martin Corporation has a 52-week low of $410.11 and a 52-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. The stock has a 50 day moving average price of $621.48 and a 200 day moving average price of $528.40.

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

Lockheed Martin Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, March 27th. Investors of record on Monday, March 2nd will be given a $3.45 dividend. The ex-dividend date of this dividend is Monday, March 2nd. This represents a $13.80 dividend on an annualized basis and a yield of 2.2%. Lockheed Martin's payout ratio is 64.22%.

Analyst Ratings Changes

LMT has been the topic of several analyst reports. DZ Bank cut shares of Lockheed Martin from a "buy" rating to a "hold" rating and set a $665.00 target price on the stock. in a report on Tuesday, February 3rd. Robert W. Baird increased 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. Citigroup raised their price objective on shares of Lockheed Martin from $592.00 to $673.00 and gave the company a "neutral" rating in a report on Thursday, February 5th. UBS Group lifted their price objective on shares of Lockheed Martin from $580.00 to $663.00 and gave the stock a "neutral" rating in a research report on Monday, February 2nd. Finally, TD Cowen boosted their target price on shares of Lockheed Martin from $600.00 to $670.00 and gave the stock a "hold" rating in a research note on Friday, January 30th. Six investment analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Lockheed Martin presently has an average rating of "Hold" and an average price target of $618.95.

Lockheed Martin 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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