Portolan Capital Management LLC Decreases Position in Lockheed Martin Corporation $LMT

Key Points

• Portolan Capital Management LLC trimmed its stake in Lockheed Martin by 21.7%, selling 3,475 shares and finishing the quarter with 12,506 shares valued at about $6.24 million.
• Lockheed posted an EPS miss ($5.80 vs. $6.33 expected) while beating revenue ($20.32B vs. $19.84B); analysts have lifted several price targets but the consensus rating is Hold with an average target of $618.95.
• The company announced a quarterly dividend of $3.45 (annualized $13.80) with an ex‑dividend date of March 2, implying a yield of about 2.1%.

Portolan Capital Management LLC trimmed its holdings in Lockheed Martin Corporation (NYSE:LMT - Free Report) by 21.7% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 12,506 shares of the aerospace company's stock after selling 3,475 shares during the quarter. Portolan Capital Management LLC's holdings in Lockheed Martin were worth $6,243,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Barnes Dennig Private Wealth Management LLC boosted its holdings in shares of Lockheed Martin by 285.7% in the 3rd quarter. Barnes Dennig Private Wealth Management LLC now owns 54 shares of the aerospace company's stock valued at $27,000 after buying an additional 40 shares in the last quarter. Grey Fox Wealth Advisors LLC acquired a new stake in Lockheed Martin during the 3rd quarter worth $27,000. Twin Peaks Wealth Advisors LLC purchased a new stake in Lockheed Martin in the second quarter valued at $29,000. Pilgrim Partners Asia Pte Ltd purchased a new stake in Lockheed Martin in the third quarter valued at $35,000. Finally, MTM Investment Management LLC acquired a new position in Lockheed Martin in the second quarter valued at $36,000. 74.19% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities analysts have issued reports on the company. Susquehanna reaffirmed a "positive" rating and set a $660.00 price objective on shares of Lockheed Martin in a report on Thursday, January 15th. Truist Financial upped their target price on Lockheed Martin from $605.00 to $695.00 and gave the company a "buy" rating in a research report on Friday, January 30th. Citigroup raised their price target on Lockheed Martin from $592.00 to $673.00 and gave the stock a "neutral" rating in a research note on Thursday, February 5th. JPMorgan Chase & Co. lifted their price target on Lockheed Martin from $515.00 to $680.00 and gave the stock a "neutral" rating in a research report on Friday, January 30th. Finally, Morgan Stanley set a $675.00 price objective on Lockheed Martin in a research note on Wednesday, February 4th. Six research analysts have rated the stock with a Buy rating, fifteen have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of "Hold" and an average target price of $618.95.

Lockheed Martin Stock Down 1.0%

LMT opened at $646.24 on Friday. Lockheed Martin Corporation has a 52 week low of $410.11 and a 52 week high of $692.00. The business has a 50 day moving average price of $616.53 and a two-hundred day moving average price of $524.82. 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 company has a market cap of $148.69 billion, a PE ratio of 30.07, a P/E/G ratio of 1.18 and a beta of 0.22.

Lockheed Martin (NYSE:LMT - Get Free Report) last announced its earnings results 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 company had revenue of $20.32 billion during the quarter, compared to analysts' expectations 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 last year, the business posted $7.67 earnings per share. As a group, research analysts anticipate that Lockheed Martin Corporation will post 27.15 EPS for the current year.

Lockheed Martin Dividend Announcement

The company also recently disclosed 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. This represents a $13.80 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date is Monday, March 2nd. Lockheed Martin's dividend payout ratio (DPR) is 64.22%.

Trending Headlines about Lockheed Martin

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

• Positive Sentiment: Lockheed is expanding F‑35 capabilities with new weapons, data‑sharing and production wins, supporting longer‑term aircraft revenue and backlog growth. Is LMT Expanding F-35 Capabilities to Strengthen Air Dominance?
• Positive Sentiment: Lockheed won a role providing an anti‑jamming payload for Japan’s next‑generation defense satellite communications program—an international program that should add program revenue and deepen strategic ties. Lockheed Martin Corporation (LMT) To Provide Anti-Jamming Payload For Japan’s Next-Generation Defense Satellite Communication System
• Positive Sentiment: Analysts and coverage note a defense demand tailwind—ramping munitions and system production globally—which supports multi‑year revenue visibility for primes like Lockheed. Lockheed Martin And RTX Stock: Rising Pillars Of Modern Defense
• Positive Sentiment: Firefly Aerospace’s Alpha Flight 7 successfully reached orbit and delivered a Lockheed payload—a technical validation and positive PR for Lockheed’s space customers and partners (though the immediate financial impact to Lockheed is likely limited). Firefly Aerospace Successfully Launches Alpha Flight 7
• Neutral Sentiment: Roth Capital and other coverage are focusing on Firefly’s momentum after the Alpha flight; that attention can buoy aerospace sentiment but mainly benefits smaller launch suppliers rather than big primes directly. Roth ‘encouraged’ by FireFly’s successful Alpha flight
• Neutral Sentiment: Market commentary and retrospectives (including long‑term performance pieces) reinforce Lockheed’s defensive, dividend‑paying profile—useful context but unlikely to move the stock near‑term. $1000 Invested In Lockheed Martin 20 Years Ago Would Be Worth This Much Today
• Negative Sentiment: Lockheed’s most recent quarterly report showed an EPS miss vs. estimates (and year‑over‑year EPS decline), which keeps some traders cautious on near‑term earnings momentum despite revenue growth. (This remains a primary driver of short‑term volatility.)
• Negative Sentiment: Valuation and balance‑sheet factors (premium P/E, elevated debt‑to‑equity) leave less room for disappointment vs. peers; with investors rotating into higher‑beta space and launch names, Lockheed can see short‑term selling pressure.

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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