State of Alaska Department of Revenue Trims Stock Position in Lockheed Martin Corporation $LMT

Key Points

• State of Alaska Department of Revenue cut its stake by 18.7% in the fourth quarter, selling 5,946 shares and now holding 25,874 Lockheed Martin shares valued at $12.513 million.
• Lockheed won a roughly $4.7 billion undefinitized PAC‑3 MSE contract to accelerate interceptor production, a near‑term revenue driver that supports manufacturing ramps amid munitions demand.
• The fundamentals and sentiment are mixed: Lockheed missed Q4 EPS ($5.80 vs. $6.33) but beat revenue, analysts have been raising targets (average target ~$645.79), the stock trades at a P/E of ~28.6 and yields about 2.2%.

State of Alaska Department of Revenue cut its stake in Lockheed Martin Corporation (NYSE:LMT - Free Report) by 18.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 25,874 shares of the aerospace company's stock after selling 5,946 shares during the period. State of Alaska Department of Revenue's holdings in Lockheed Martin were worth $12,513,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. United Financial Planning Group LLC purchased a new stake in shares of Lockheed Martin in the third quarter valued at about $25,000. Barnes Dennig Private Wealth Management LLC raised its holdings in shares of Lockheed Martin by 285.7% in the third 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 during the last quarter. Grey Fox Wealth Advisors LLC purchased a new stake in shares of Lockheed Martin in the third quarter valued at about $27,000. Beacon Financial Strategies CORP purchased a new stake in shares of Lockheed Martin in the fourth quarter valued at about $34,000. Finally, Pilgrim Partners Asia Pte Ltd purchased a new stake in shares of Lockheed Martin in the third quarter valued at about $35,000. 74.19% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting Lockheed Martin

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

• Positive Sentiment: Lockheed won a large U.S. defense award — a roughly $4.7B undefinitized contract to accelerate production of PAC‑3 MSE Patriot interceptors, aimed at boosting deliveries amid strained munitions supplies. This is directly revenue‑accretive and supports near‑term manufacturing ramps. Article Title
• Positive Sentiment: High‑profile bullish commentary: Jim Cramer publicly recommended adding LMT, calling CEO Jim Taiclet “bankable,” which can attract retail buying and improve sentiment. Article Title
• Positive Sentiment: Space wins extend the long‑term growth story — awards include a ~$1.84B Andromeda program and a ~$105M GPS IIIF-related contract, diversifying revenue beyond air/missile programs. Article Title
• Positive Sentiment: Short interest fell ~14.6% at the end of March to ~2.37M shares (short ratio ~1.4 days), reducing one source of near‑term downside pressure and indicating fewer bets against the stock.
• Neutral Sentiment: Analyst/price action noise — at least one outlet noted a price target raise to $770 and bullish analyst commentary, which supports upside expectations but is opinion‑based and already partly reflected in the share move. Article Title
• Neutral Sentiment: Tech/PR stories (e.g., “Ghost Murmur” rescue tech) boost brand and innovation narrative but are unlikely to move fundamentals near term. Article Title
• Negative Sentiment: Near‑term headwinds: Lockheed missed quarterly EPS expectations in late January, the stock has run ~30% in 2026 and sits near its 52‑week high, creating scope for profit‑taking; valuation (P/E ~28.6) and modest liquidity (today’s volume below average) amplify downside on short‑term flows.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on the stock. Argus upped their target price on shares of Lockheed Martin from $530.00 to $735.00 and gave the company a "buy" rating in a report on Friday, March 6th. DZ Bank lowered shares of Lockheed Martin from a "buy" rating to a "hold" rating and set a $665.00 price target on the stock. in a research note on Tuesday, February 3rd. Deutsche Bank Aktiengesellschaft boosted their price target on shares of Lockheed Martin from $492.00 to $611.00 and gave the stock a "hold" rating in a research note on Friday, January 30th. UBS Group boosted their price target on shares of Lockheed Martin from $580.00 to $663.00 and gave the stock a "neutral" rating in a research note on Monday, February 2nd. Finally, BNP Paribas Exane boosted their price target on shares of Lockheed Martin from $740.00 to $770.00 and gave the stock an "outperform" rating in a research note on Tuesday, April 7th. Seven equities research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and an average target price of $645.79.

Lockheed Martin Trading Down 0.0%

Shares of LMT opened at $613.62 on Monday. 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 firm's 50-day moving average is $638.19 and its two-hundred day moving average is $547.95. Lockheed Martin Corporation has a twelve month low of $410.11 and a twelve month high of $692.00. The firm has a market capitalization of $141.41 billion, a P/E ratio of 28.55, a PEG ratio of 1.10 and a beta of 0.23.

Lockheed Martin (NYSE:LMT - Get Free Report) last issued 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 return on equity of 108.53% and a net margin of 6.69%.The company had revenue of $20.32 billion for the quarter, compared to analyst estimates of $19.84 billion. During the same quarter in the previous year, the company posted $7.67 earnings per share. The company's quarterly revenue was up 9.1% compared to the same quarter last year. On average, research analysts predict that Lockheed Martin Corporation will post 27.15 earnings per share for the current fiscal year.

Lockheed Martin Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 27th. Shareholders of record on Monday, March 2nd were given a dividend of $3.45 per share. This represents a $13.80 annualized dividend and a yield of 2.2%. The ex-dividend date was Monday, March 2nd. Lockheed Martin's dividend payout ratio is presently 64.22%.

Lockheed Martin Company 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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