Rheos Capital Works Inc. Sells 15,000 Shares of Lockheed Martin Corporation $LMT

Key Points

• Rheos Capital Works sold 15,000 shares of Lockheed Martin in Q4, trimming its stake by 25.8% to 43,200 shares valued at $20.895 million, representing about 1.3% of its portfolio (its 26th largest holding).
• Policy tailwinds — including the White House FY2027 defense proposal and a Pentagon request for roughly ~85 F‑35 jets — should bolster Lockheed’s program funding and backlog, while Artemis/space work supports longer‑term growth.
• Near‑term risks include a recent Q1 EPS miss and valuation/debt concerns (PE ~29.7; debt/equity 3.05); Lockheed pays a $3.45 quarterly dividend (2.2% yield) and carries a MarketBeat consensus rating of Hold.

Rheos Capital Works Inc. trimmed its stake in Lockheed Martin Corporation (NYSE:LMT - Free Report) by 25.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 43,200 shares of the aerospace company's stock after selling 15,000 shares during the period. Lockheed Martin comprises about 1.3% of Rheos Capital Works Inc.'s investment portfolio, making the stock its 26th largest position. Rheos Capital Works Inc.'s holdings in Lockheed Martin were worth $20,895,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently bought and sold shares of the company. Carnegie Investment Counsel grew its holdings in shares of Lockheed Martin by 11.4% during the third quarter. Carnegie Investment Counsel now owns 29,639 shares of the aerospace company's stock worth $14,796,000 after purchasing an additional 3,031 shares during the last quarter. VCI Wealth Management LLC bought a new stake in shares of Lockheed Martin during the third quarter worth $3,075,000. DAVENPORT & Co LLC grew its holdings in shares of Lockheed Martin by 22.4% during the third quarter. DAVENPORT & Co LLC now owns 25,423 shares of the aerospace company's stock worth $12,688,000 after purchasing an additional 4,652 shares during the last quarter. Farther Finance Advisors LLC grew its holdings in shares of Lockheed Martin by 29.2% during the third quarter. Farther Finance Advisors LLC now owns 10,036 shares of the aerospace company's stock worth $5,010,000 after purchasing an additional 2,270 shares during the last quarter. Finally, Oppenheimer & Co. Inc. grew its holdings in shares of Lockheed Martin by 9.3% during the third quarter. Oppenheimer & Co. Inc. now owns 39,410 shares of the aerospace company's stock worth $19,674,000 after purchasing an additional 3,352 shares during the last quarter. 74.19% of the stock is currently owned by institutional investors.

Key Headlines Impacting Lockheed Martin

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

• Positive Sentiment: White House FY2027 budget proposes $1.5 trillion for defense, a major tailwind for prime contractors like Lockheed that supports higher program funding and potential contract flow. Read More.
• Positive Sentiment: Pentagon request specifically includes ~85 F‑35 jets and a 42% lift in defense spending, directly benefiting Lockheed’s F‑35 program revenue and near‑term backlog visibility. Read More.
• Positive Sentiment: Artemis II and broader lunar/space activity spotlight Lockheed as a key supplier for NASA and DoD space efforts, strengthening long‑term growth narratives tied to multibillion‑dollar programs. Read More.
• Positive Sentiment: Support from commercial/launch partners (e.g., Firefly’s recent rapid‑launch simulation) highlights Lockheed’s role in tactical, responsive space missions that could expand addressable services. Read More.
• Neutral Sentiment: Multiple investor pieces compare Lockheed to peers (e.g., RTX), noting sectorwide tailwinds from geopolitics — useful context but not a definitive stock pick signal on its own. Read More.
• Neutral Sentiment: Analysts expect Lockheed’s Q1 results to show a modest, single‑digit profit dip; an earnings miss or guidance cut could mute near‑term gains even with program funding strength. Read More.
• Negative Sentiment: Valuation concerns: commentary from Seeking Alpha and others says Lockheed’s strong franchise may have limited upside at current multiples, which can cap further rallies if expectations are already priced in. Read More.
• Negative Sentiment: Zacks notes the stock’s 3‑month outperformance but warns rising losses in some segments and a high debt load could deter new investors and increase downside risk. Read More.

Lockheed Martin Trading Up 2.3%

Shares of LMT opened at $637.22 on Tuesday. The company has a quick ratio of 0.94, a current ratio of 1.09 and a debt-to-equity ratio of 3.05. Lockheed Martin Corporation has a 12-month low of $410.11 and a 12-month high of $692.00. The firm has a market capitalization of $146.85 billion, a PE ratio of 29.65, a price-to-earnings-growth ratio of 1.12 and a beta of 0.23. The stock's fifty day simple moving average is $637.33 and its 200-day simple moving average is $543.95.

Lockheed Martin (NYSE:LMT - Get Free Report) last released 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). Lockheed Martin had a net margin of 6.69% and a return on equity of 108.53%. The company had revenue of $20.32 billion during the quarter, compared to analyst estimates of $19.84 billion. During the same period in the previous year, the company posted $7.67 EPS. The company's quarterly revenue was up 9.1% compared to the same quarter last year. As a group, research analysts predict that Lockheed Martin Corporation will post 27.15 earnings per share 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. The ex-dividend date of this dividend was Monday, March 2nd. This represents a $13.80 annualized dividend and a yield of 2.2%. Lockheed Martin's dividend payout ratio is presently 64.22%.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on LMT. Morgan Stanley set a $675.00 target price on Lockheed Martin in a report on Wednesday, February 4th. Argus increased their target price on Lockheed Martin from $530.00 to $735.00 and gave the stock a "buy" rating in a report on Friday, March 6th. Wall Street Zen cut Lockheed Martin from a "strong-buy" rating to a "buy" rating in a report on Sunday, March 22nd. Weiss Ratings upgraded Lockheed Martin from a "hold (c+)" rating to a "buy (b-)" rating in a report on Monday, March 23rd. Finally, Deutsche Bank Aktiengesellschaft upped their price target on Lockheed Martin from $492.00 to $611.00 and gave the company a "hold" rating in a research note on Friday, January 30th. Seven investment analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Lockheed Martin currently has a consensus rating of "Hold" and an average price target of $634.74.

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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