Thompson Siegel & Walmsley LLC Sells 2,761 Shares of Lockheed Martin Corporation $LMT

Key Points

• Thompson Siegel & Walmsley LLC cut its Lockheed Martin stake by 11.6% in the fourth quarter, selling 2,761 shares and leaving it with 20,992 shares valued at about $10.15 million.
• Lockheed Martin reported Q1 earnings that missed expectations, with EPS of $6.44 versus the $6.79 estimate and revenue of $18.02 billion versus $18.38 billion expected, though it maintained FY 2026 EPS guidance of 29.35-30.25.
• The company also announced a quarterly dividend of $3.45 per share, payable June 26, which works out to an annualized $13.80 dividend and a 2.7% yield.

Thompson Siegel & Walmsley LLC reduced its position in Lockheed Martin Corporation (NYSE:LMT - Free Report) by 11.6% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 20,992 shares of the aerospace company's stock after selling 2,761 shares during the quarter. Thompson Siegel & Walmsley LLC's holdings in Lockheed Martin were worth $10,153,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of the company. Brighton Jones LLC boosted its stake in Lockheed Martin by 5.0% during the fourth quarter. Brighton Jones LLC now owns 3,995 shares of the aerospace company's stock worth $1,941,000 after acquiring an additional 191 shares in the last quarter. Sivia Capital Partners LLC boosted its stake in Lockheed Martin by 5.4% during the second quarter. Sivia Capital Partners LLC now owns 973 shares of the aerospace company's stock worth $451,000 after acquiring an additional 50 shares in the last quarter. Schnieders Capital Management LLC. boosted its stake in Lockheed Martin by 17.3% during the second quarter. Schnieders Capital Management LLC. now owns 1,460 shares of the aerospace company's stock worth $676,000 after acquiring an additional 215 shares in the last quarter. Gamco Investors INC. ET AL boosted its stake in Lockheed Martin by 36.0% during the second quarter. Gamco Investors INC. ET AL now owns 2,250 shares of the aerospace company's stock worth $1,042,000 after acquiring an additional 595 shares in the last quarter. Finally, Sei Investments Co. boosted its stake in Lockheed Martin by 18.2% during the second quarter. Sei Investments Co. now owns 86,569 shares of the aerospace company's stock worth $40,092,000 after acquiring an additional 13,300 shares in the last quarter. 74.19% of the stock is owned by institutional investors.

Lockheed Martin Stock Down 2.4%

LMT opened at $517.53 on Tuesday. The company has a debt-to-equity ratio of 2.74, a current ratio of 1.14 and a quick ratio of 0.94. The company's 50-day moving average is $564.23 and its 200 day moving average is $559.25. Lockheed Martin Corporation has a fifty-two week low of $410.11 and a fifty-two week high of $692.00. The firm has a market capitalization of $119.32 billion, a P/E ratio of 25.06, a PEG ratio of 0.96 and a beta of 0.10.

Lockheed Martin (NYSE:LMT - Get Free Report) last released its quarterly earnings results on Thursday, April 23rd. The aerospace company reported $6.44 earnings per share for the quarter, missing analysts' consensus estimates 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 for 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. Research analysts expect that Lockheed Martin Corporation will post 29.88 earnings per share for the current fiscal year.

Lockheed Martin Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, June 26th. Investors of record on Monday, June 1st will be given a dividend of $3.45 per share. This represents a $13.80 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date of this dividend is Monday, June 1st. Lockheed Martin's dividend payout ratio (DPR) is presently 66.83%.

Key Headlines Impacting Lockheed Martin

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

• Positive Sentiment: Lockheed Martin opened a new 88,000-square-foot Next Generation Interceptor facility in Courtland, Alabama, expanding missile-defense manufacturing capacity and reinforcing demand tied to U.S. homeland defense programs. Lockheed Martin Opens Next Generation Interceptor Facility in Courtland, Alabama
• Positive Sentiment: The company announced its first delivery of an Integrated Combat System-enabled baseline to the U.S. Navy, a sign of continued execution on major defense modernization programs. Lockheed Martin (LMT) Makes its First Delivery of ICS Baseline
• Positive Sentiment: Lockheed Martin was selected to support NOAA next-generation aircraft with Viasat’s hybrid satellite communications platform, adding another program-related win and highlighting ongoing demand for its aerospace systems. Viasat Selected by Lockheed Martin to Support NOAA Next-Generation Aircraft
• Neutral Sentiment: Analysts and market commenters are still moderately optimistic, but a recent article noted that Lockheed Martin has underperformed the Dow, suggesting sentiment is constructive yet not enough to offset broader stock weakness. Is Lockheed Martin Stock Underperforming the Dow?
• Neutral Sentiment: Jim Cramer’s commentary on drones versus manned jets added to investor attention, but it was more of an industry debate than a direct catalyst for Lockheed Martin’s fundamentals. Jim Cramer Discusses Lockheed Martin as He Weighs In on Drones Versus Manned Jets
• Negative Sentiment: Search interest in LMT has risen, but that article mainly signals heightened investor scrutiny rather than a clear fundamental catalyst, so it may reflect uncertainty around the stock’s near-term direction. Investors Heavily Search Lockheed Martin Corporation (LMT): Here is What You Need to Know

Analysts Set New Price Targets

Several brokerages recently issued reports on LMT. Morgan Stanley cut their target price on shares of Lockheed Martin from $675.00 to $653.00 and set an "equal weight" rating on the stock in a research note on Friday, April 24th. Deutsche Bank Aktiengesellschaft dropped their price objective on shares of Lockheed Martin from $615.00 to $575.00 and set a "hold" rating on the stock in a research note on Friday, April 24th. BNP Paribas Exane dropped their price objective on shares of Lockheed Martin from $770.00 to $680.00 and set an "outperform" rating on the stock in a research note on Friday, April 24th. Argus upped their target price on shares of Lockheed Martin from $530.00 to $735.00 and gave the stock a "buy" rating in a report on Friday, March 6th. Finally, UBS Group upped their target price on shares of Lockheed Martin from $580.00 to $663.00 and gave the stock a "neutral" rating in a report on Monday, February 2nd. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus target price of $620.68.

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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