Strs Ohio Acquires 9,810 Shares of Lockheed Martin Corporation $LMT

Key Points

• Strs Ohio increased its stake in Lockheed Martin by 19.9% in Q4, adding 9,810 shares to hold 59,041 shares valued at about $28.56 million.
• Lockheed missed Q1 estimates, reporting $6.44 EPS versus $6.79 expected and $18.02B revenue versus $18.38B, but management kept FY2026 guidance at $29.350–$30.250 per share.
• Contracts and sentiment: Lockheed won Space Force work on the Space‑Based Interceptor and a $1.13B HIMARS production contract, bolstering backlog, while analysts' consensus remains a "Hold" with a $632.58 price target.

Strs Ohio increased its holdings in Lockheed Martin Corporation (NYSE:LMT - Free Report) by 19.9% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 59,041 shares of the aerospace company's stock after buying an additional 9,810 shares during the period. Strs Ohio's holdings in Lockheed Martin were worth $28,556,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. United Financial Planning Group LLC bought a new position in Lockheed Martin in the 3rd quarter worth approximately $25,000. Barnes Dennig Private Wealth Management LLC boosted its holdings in 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 worth $27,000 after buying an additional 40 shares during the period. Grey Fox Wealth Advisors LLC bought a new position in Lockheed Martin in the 3rd quarter worth approximately $27,000. Beacon Financial Strategies CORP bought a new position in Lockheed Martin in the 4th quarter worth approximately $34,000. Finally, Pilgrim Partners Asia Pte Ltd bought a new position in Lockheed Martin in the 3rd quarter worth approximately $35,000. 74.19% of the stock is owned by institutional investors.

Lockheed Martin Stock Down 1.0%

Shares of NYSE:LMT opened at $512.82 on Friday. The firm has a fifty day moving average price of $617.05 and a two-hundred day moving average price of $553.38. The company has a debt-to-equity ratio of 2.74, a current ratio of 1.14 and a quick ratio of 0.94. Lockheed Martin Corporation has a one year low of $410.11 and a one year high of $692.00. The company has a market cap of $118.24 billion, a price-to-earnings ratio of 24.83, a PEG ratio of 0.93 and a beta of 0.10.

Lockheed Martin (NYSE:LMT - Get Free Report) last announced its quarterly earnings results on Thursday, April 23rd. The aerospace company reported $6.44 EPS for the quarter, missing the consensus estimate of $6.79 by ($0.35). Lockheed Martin had a net margin of 6.38% and a return on equity of 101.64%. The firm had revenue of $18.02 billion during the quarter, compared to the consensus estimate of $18.38 billion. During the same period in the previous year, the business earned $7.28 earnings per share. The firm's revenue for the quarter was up .3% on a year-over-year basis. Lockheed Martin has set its FY 2026 guidance at 29.350-30.250 EPS. Analysts anticipate that Lockheed Martin Corporation will post 29.91 EPS for the current fiscal year.

Lockheed Martin Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, March 27th. Shareholders of record on Monday, March 2nd were issued a $3.45 dividend. This represents a $13.80 annualized dividend and a yield of 2.7%. The ex-dividend date of this dividend was Monday, March 2nd. Lockheed Martin's dividend payout ratio (DPR) is presently 66.83%.

Analyst Upgrades and Downgrades

Several research firms recently commented on LMT. The Goldman Sachs Group raised their price objective on shares of Lockheed Martin from $464.00 to $517.00 and gave the stock a "sell" rating in a report on Monday, February 2nd. Weiss Ratings downgraded shares of Lockheed Martin from a "buy (b-)" rating to a "hold (c+)" rating in a report on Wednesday. BNP Paribas Exane cut their price objective on shares of Lockheed Martin from $770.00 to $680.00 and set an "outperform" rating for the company in a report on Friday, April 24th. Truist Financial raised their price objective on shares of Lockheed Martin from $605.00 to $695.00 and gave the stock a "buy" rating in a report on Friday, January 30th. Finally, JPMorgan Chase & Co. raised their price target on shares of Lockheed Martin from $515.00 to $680.00 and gave the company a "neutral" rating in a report on Friday, January 30th. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned 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, the stock presently has an average rating of "Hold" and a consensus price target of $632.58.

More Lockheed Martin News

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

• Positive Sentiment: Selected by U.S. Space Force to develop capabilities for the Space‑Based Interceptor (SBI) program — strengthens Lockheed’s position in high-priority space missile‑defense work and supports multi‑year program revenue. Lockheed Martin Awarded U.S. Space Force Space-Based Interceptor Contracts to Meet Layered Missile Defense Demand
• Positive Sentiment: Secured a $1.13 billion U.S. Army HIMARS production contract — provides near‑term funded work, supports backlog and cash‑flow runway through 2028. Lockheed Martin (LMT) Secures $1.13 Billion Contract for HIMARS Production
• Positive Sentiment: Analyst/commentary notes that the recent ~27% slide may have overshot fundamentals — large backlog and valuation make a buy case for long‑term investors. This framing can attract value buyers if execution stabilizes. Lockheed Martin (LMT) Slid 27%. The Backlog and Valuation Still Point to a Buy
• Neutral Sentiment: Analysis argues last week’s Q1 miss may reset expectations and create a buying opportunity because management kept full‑year guidance intact and some segments (Missiles/Space) remain resilient. Watch whether Q2 proves improvement. Why Lockheed’s Earnings Miss Could Be a Blessing in Disguise
• Neutral Sentiment: Coverage of an emerging AI/robotics partner (XTEND) and defense‑tech startups highlights potential technology collaborations but remains speculative until formal program wins scale. Is This Pre-IPO AI Robotics Company the Next Big Defense Play? (LMT)
• Negative Sentiment: Peer L3Harris reported a Q1 beat and raised 2026 guidance — stronger results at competitors can siphon investor interest and highlight execution gaps at Lockheed. L3Harris Technologies Increases 2026 Earnings Guidance Following First-Quarter Beat
• Negative Sentiment: Commentary on the expanding autonomous/drone economy suggests thematic flows may favor next‑gen, smaller defense names over legacy primes — a structural headwind for sentiment if allocation trends continue. Q2 Symposium: 4 Key Drivers Powering Global Drone Economy

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.

Want to see what other hedge funds are holding LMT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Lockheed Martin Corporation (NYSE:LMT - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.