Sanders Capital LLC Buys Shares of 506,197 Lockheed Martin Corporation $LMT

Key Points

• Sanders Capital LLC initiated a large new position in Lockheed Martin, buying 506,197 shares worth about $252.7 million—roughly 0.22% of the company per its latest SEC filing.
• Lockheed’s most recent quarter showed mixed results: revenue rose 9.1% to $20.32 billion, but EPS came in at $5.80 versus the $6.33 consensus, reflecting a year‑over‑year earnings decline and near‑term volatility.
• The company announced a quarterly dividend of $3.45 (annualized $13.80, ~2.1% yield), and Wall Street’s consensus rating is a "Hold" with an average target price around $618.95.

Sanders Capital LLC bought a new position in Lockheed Martin Corporation (NYSE:LMT - Free Report) in the third quarter, according to its most recent disclosure with the SEC. The firm bought 506,197 shares of the aerospace company's stock, valued at approximately $252,699,000. Sanders Capital LLC owned about 0.22% of Lockheed Martin as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of LMT. Brighton Jones LLC grew its stake in shares of Lockheed Martin by 5.0% in the 4th quarter. Brighton Jones LLC now owns 3,995 shares of the aerospace company's stock valued at $1,941,000 after buying an additional 191 shares during the period. Sivia Capital Partners LLC raised its position in shares of Lockheed Martin by 5.4% during 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. raised its position in shares of Lockheed Martin by 17.3% during 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. Bailard Inc. acquired a new position in Lockheed Martin in the second quarter valued at approximately $335,000. Finally, Cherokee Insurance Co acquired a new position in Lockheed Martin in the second quarter valued at approximately $224,000. Hedge funds and other institutional investors 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 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.

Lockheed Martin Trading 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 fifty day simple moving average of $616.53 and a 200-day simple moving average of $524.82. The firm has a market cap of $148.69 billion, a P/E ratio of 30.07, a P/E/G ratio of 1.18 and a beta of 0.22. 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 (NYSE:LMT - Get Free Report) last posted its quarterly earnings data on Thursday, January 29th. The aerospace company reported $5.80 earnings per share (EPS) 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 firm had revenue of $20.32 billion during the quarter, compared to analysts' expectations of $19.84 billion. During the same quarter in the prior year, the firm posted $7.67 EPS. Lockheed Martin's quarterly revenue was up 9.1% compared to the same quarter last year. On average, equities analysts expect that Lockheed Martin Corporation will post 27.15 earnings per share for the current year.

Lockheed Martin Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, March 27th. Shareholders of record on Monday, March 2nd will be given a $3.45 dividend. This represents a $13.80 annualized dividend and a yield of 2.1%. The ex-dividend date of this dividend is Monday, March 2nd. Lockheed Martin's payout ratio is currently 64.22%.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on LMT. Robert W. Baird raised their target price on Lockheed Martin from $550.00 to $640.00 and gave the stock an "outperform" rating in a research note on Friday, January 16th. Morgan Stanley set a $675.00 price target on Lockheed Martin in a report on Wednesday, February 4th. Susquehanna reissued a "positive" rating and set a $660.00 price objective on shares of Lockheed Martin in a research report on Thursday, January 15th. The Goldman Sachs Group boosted their price objective on shares of Lockheed Martin from $464.00 to $517.00 and gave the company a "sell" rating in a report on Monday, February 2nd. Finally, Weiss Ratings cut shares of Lockheed Martin from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Friday, March 6th. Six investment analysts have rated the stock with a Buy rating, fifteen have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Lockheed Martin presently has a consensus rating of "Hold" and an average target price 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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