Verity Asset Management Inc. Sells 2,317 Shares of Lockheed Martin Corporation $LMT

Key Points

• Verity Asset Management cut its stake in Lockheed Martin by 47.2% in Q4, selling 2,317 shares and retaining 2,587 shares valued at about $1.251 million.
• Lockheed missed recent quarterly estimates, reporting $6.44 EPS vs. $6.79 expected and $18.02B revenue vs. $18.38B, while setting FY2026 guidance of 29.350–30.250 EPS (analysts average 29.93).
• Commercial and strategic wins coexist with caution: the company won a $1.13 billion HIMARS production contract and has strong backlog exposure, but analysts’ consensus is a “Hold” (average target $632.58) and peer/performance and policy risks may pressure short‑term sentiment.

Verity Asset Management Inc. cut its position in Lockheed Martin Corporation (NYSE:LMT - Free Report) by 47.2% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,587 shares of the aerospace company's stock after selling 2,317 shares during the quarter. Verity Asset Management Inc.'s holdings in Lockheed Martin were worth $1,251,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of LMT. Broadway Wealth Solutions Inc. increased its holdings in shares of Lockheed Martin by 3.6% in the fourth quarter. Broadway Wealth Solutions Inc. now owns 484 shares of the aerospace company's stock valued at $234,000 after buying an additional 17 shares in the last quarter. Newbridge Financial Services Group Inc. grew its holdings in shares of Lockheed Martin by 3.2% during the 4th quarter. Newbridge Financial Services Group Inc. now owns 583 shares of the aerospace company's stock valued at $282,000 after acquiring an additional 18 shares in the last quarter. McGlone Suttner Wealth Management Inc. grew its holdings in shares of Lockheed Martin by 2.0% during the 4th quarter. McGlone Suttner Wealth Management Inc. now owns 985 shares of the aerospace company's stock valued at $476,000 after acquiring an additional 19 shares in the last quarter. Sheets Smith Wealth Management grew its holdings in shares of Lockheed Martin by 2.2% during the 4th quarter. Sheets Smith Wealth Management now owns 873 shares of the aerospace company's stock valued at $422,000 after acquiring an additional 19 shares in the last quarter. Finally, Fulton Breakefield Broenniman LLC increased its position in Lockheed Martin by 2.3% during the fourth quarter. Fulton Breakefield Broenniman LLC now owns 852 shares of the aerospace company's stock worth $412,000 after buying an additional 19 shares during the last quarter. 74.19% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on LMT. Morgan Stanley reduced their target price on Lockheed Martin from $675.00 to $653.00 and set an "equal weight" rating for the company in a report on Friday, April 24th. The Goldman Sachs Group upped their price objective on shares of Lockheed Martin from $464.00 to $517.00 and gave the company a "sell" rating in a research report on Monday, February 2nd. Robert W. Baird increased their price target on shares of Lockheed Martin from $550.00 to $640.00 and gave the stock an "outperform" rating in a research report on Friday, January 16th. Susquehanna dropped their price target on shares of Lockheed Martin from $740.00 to $700.00 and set a "positive" rating for the company in a research report on Friday, April 24th. Finally, Jefferies Financial Group reaffirmed a "hold" rating and set a $595.00 price objective on shares of Lockheed Martin in a research note on Sunday. Seven equities research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, the company has an average rating of "Hold" and an average price target of $632.58.

Lockheed Martin Stock Up 0.2%

LMT stock traded up $1.01 during midday trading on Thursday, hitting $510.82. The company's stock had a trading volume of 152,012 shares, compared to its average volume of 1,756,568. The stock has a market capitalization of $117.78 billion, a P/E ratio of 24.74, a PEG ratio of 0.93 and a beta of 0.23. The company's fifty day moving average price is $620.01 and its 200 day moving average price is $553.28. Lockheed Martin Corporation has a twelve month low of $410.11 and a twelve month high of $692.00. 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 (NYSE:LMT - Get Free Report) last released its quarterly earnings data on Thursday, April 23rd. The aerospace company reported $6.44 earnings per share for the quarter, missing the consensus estimate of $6.79 by ($0.35). The firm had revenue of $18.02 billion for the quarter, compared to analyst estimates of $18.38 billion. Lockheed Martin had a return on equity of 101.64% and a net margin of 6.38%.The firm's revenue for the quarter was up .3% on a year-over-year basis. During the same quarter in the prior year, the firm earned $7.28 earnings per share. Lockheed Martin has set its FY 2026 guidance at 29.350-30.250 EPS. As a group, equities research analysts predict that Lockheed Martin Corporation will post 29.93 EPS for the current year.

Lockheed Martin Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 27th. Stockholders of record on Monday, March 2nd were paid a dividend of $3.45 per share. The ex-dividend date was Monday, March 2nd. This represents a $13.80 annualized dividend and a dividend yield of 2.7%. Lockheed Martin's payout ratio is currently 66.83%.

Trending Headlines about Lockheed Martin

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

• Positive Sentiment: Won a $1.13 billion U.S. Army production contract for 17 HIMARS M142 launchers (for U.S. and allied forces through 2028), which adds near-term funded production revenue and supports backlog visibility. Lockheed Martin (LMT) Secures $1.13 Billion Contract for HIMARS Production
• Positive Sentiment: Strategic wins and tech roles (Skunk Works MDCX overseeing MQ-25A flight; participation in the Space Force “Golden Dome” program and GPS III/IIIF work) reinforce Lockheed’s exposure to higher-margin next‑generation air, space and missile‑defense programs. These support long-term revenue and margin optionality. Is Lockheed Martin’s (LMT) Golden Dome Role Quietly Redefining Its Advanced Defense Technology Narrative?
• Neutral Sentiment: Market commentary argues the recent ~27% slide has created a valuation dislocation vs. fundamentals — Lockheed’s large backlog (~$186B cited by analysts) and multi-year contracting profile are cited as a buy case, but execution and timing risks remain. This is more of a contrarian valuation angle than an immediate catalyst. Lockheed Martin (LMT) Slid 27%. The Backlog and Valuation Still Point to a Buy
• Negative Sentiment: Peer outperformance: General Dynamics reported a stronger-than-expected quarter and raised guidance, lifting its shares — that outperformance puts relative pressure on LMT and can weigh investor appetite for Lockheed in the short term. General Dynamics Raises Full-Year Earnings Outlook After First-Quarter Beat; Shares Jump
• Negative Sentiment: Policy risk: bipartisan Republican pushback on a proposed large Pentagon budget increase (reported coverage of resistance to a ~44% boost) raises near‑term uncertainty around defense spending trajectories and timing of program funding, which can amplify volatility for big primes. Republicans Push Back On Trump's 44% Pentagon Budget Increase

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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