Meyer Handelman Co. Buys 2,723 Shares of Lockheed Martin Corporation $LMT

Key Points

• Meyer Handelman Co. increased its stake in Lockheed Martin by 40.3% in Q4, buying 2,723 shares to own 9,480 shares valued at about $4.585 million.
• Lockheed reported Q4 EPS of $5.80 (missing the $6.33 consensus) while revenue beat at $20.32 billion; the company pays a $3.45 quarterly dividend (annualized $13.80, ~2.3% yield) and institutional investors own 74.19% of the stock.
• Operationally, Lockheed opened a Rapid Fielding/Prototyping center and is ramping Precision Strike Missile production—potential drivers of multi‑year growth—while risks include reported cuts to Air Force F‑35 orders and uncertainty around NASA's Artemis program role.

Meyer Handelman Co. lifted its stake in Lockheed Martin Corporation (NYSE:LMT - Free Report) by 40.3% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 9,480 shares of the aerospace company's stock after purchasing an additional 2,723 shares during the quarter. Meyer Handelman Co.'s holdings in Lockheed Martin were worth $4,585,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. United Financial Planning Group LLC bought a new stake in Lockheed Martin in the third quarter worth $25,000. Barnes Dennig Private Wealth Management LLC boosted its stake in Lockheed Martin by 285.7% during the third quarter. Barnes Dennig Private Wealth Management LLC now owns 54 shares of the aerospace company's stock worth $27,000 after buying an additional 40 shares during the period. Grey Fox Wealth Advisors LLC bought a new position in Lockheed Martin during the third quarter valued at $27,000. Twin Peaks Wealth Advisors LLC bought a new position in Lockheed Martin during the second quarter valued at $29,000. Finally, Pilgrim Partners Asia Pte Ltd purchased a new stake in shares of Lockheed Martin in the third quarter valued at $35,000. Institutional investors own 74.19% of the company's stock.

Lockheed Martin Stock Up 0.9%

NYSE:LMT opened at $604.03 on Wednesday. The company has a market cap of $139.21 billion, a price-to-earnings ratio of 28.11, a price-to-earnings-growth ratio of 1.08 and a beta of 0.22. Lockheed Martin Corporation has a twelve month low of $410.11 and a twelve month high of $692.00. The company has a current ratio of 1.09, a quick ratio of 0.94 and a debt-to-equity ratio of 3.05. The stock has a fifty day simple moving average of $634.31 and a 200-day simple moving average of $539.67.

Lockheed Martin (NYSE:LMT - Get Free Report) last posted its quarterly earnings results on Thursday, January 29th. The aerospace company reported $5.80 EPS for the quarter, missing analysts' consensus estimates of $6.33 by ($0.53). The company had revenue of $20.32 billion during the quarter, compared to the consensus estimate of $19.84 billion. Lockheed Martin had a return on equity of 108.53% and a net margin of 6.69%.The company's revenue for the quarter was up 9.1% on a year-over-year basis. During the same quarter in the previous year, the company posted $7.67 earnings per share. Analysts anticipate that Lockheed Martin Corporation will post 27.15 EPS 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 $3.45 dividend. This represents a $13.80 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date was Monday, March 2nd. Lockheed Martin's dividend payout ratio is currently 64.22%.

Wall Street Analysts Forecast Growth

LMT has been the subject of several analyst reports. Wall Street Zen lowered shares of Lockheed Martin from a "strong-buy" rating to a "buy" rating in a report on Sunday, March 22nd. UBS Group upped 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. Royal Bank Of Canada increased their price objective on shares of Lockheed Martin from $615.00 to $650.00 and gave the stock a "sector perform" rating in a research report on Friday, January 30th. TD Cowen raised their price objective 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. Finally, Sanford C. Bernstein restated a "market perform" rating and set a $654.00 target price on shares of Lockheed Martin in a research report on Friday, February 6th. Seven equities research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Lockheed Martin currently has an average rating of "Hold" and an average target price of $623.16.

Key Headlines Impacting Lockheed Martin

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

• Positive Sentiment: Opened a new Rapid Fielding/Prototyping center designed to speed development, testing and prototype production—this should help Lockheed respond faster to accelerated government acquisition timelines and win more near-term work. Lockheed Martin Opens Rapid Fielding Center
• Positive Sentiment: Production ramp for Precision Strike Missile and a framework agreement to scale capacity could drive multi‑year revenue and backlog growth as missile demand rises. Analysts are revisiting valuation with the production ramp in mind. A Look At Lockheed Martin (LMT) Valuation
• Neutral Sentiment: Several bullish deep‑dive pieces and high search interest (Seeking Alpha DCF target, Zacks coverage) are increasing investor attention and providing positive narratives, but these are analyst views rather than contract news. Why Lockheed Martin Is Heading To $843
• Neutral Sentiment: Retail and institutional search/interest spikes (Zacks/Yahoo summaries) can amplify intraday moves but don't necessarily change fundamentals. Investors Heavily Search Lockheed Martin
• Negative Sentiment: Pentagon reportedly cut the Air Force's F‑35 order roughly in half amid budget cuts—directly reduces near‑term production volume and revenue visibility for Lockheed’s F‑35 business. Lockheed Martin Hit As Pentagon Slashes Air Force's F-35 Order
• Negative Sentiment: NASA signaled an Artemis program reset that could phase out Boeing’s SLS and review Lockheed’s Orion role—this raises the risk of contract reshaping or loss on a high‑profile space program. Lockheed Martin Faces Artemis Reset And Governance Questions
• Negative Sentiment: Media reports and market chatter about unusual ETF/defense‑fund trades tied to U.S. strikes have prompted governance and timing questions; any regulatory or reputational fallout could pressure the stock. Market Chatter: ETF Trades Before Iran Attack

About Lockheed Martin

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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