Webster Bank N. A. Buys 2,176 Shares of Lockheed Martin Corporation $LMT

Key Points

• Webster Bank N.A. increased its stake in Lockheed Martin by 853.3% in Q4, buying an additional 2,176 shares to hold 2,431 shares valued at about $1.176 million.
• Sell‑side analysts have a consensus rating of Hold with an average price target of $645.79 (7 Buys, 13 Holds, 1 Sell), reflecting mixed views despite some recent target upgrades.
• Lockheed's most recent quarter showed a $5.80 EPS (missing the $6.33 consensus) while revenue of $20.32B beat estimates, and the company pays a quarterly dividend of $3.45 (annualized $13.80, ~2.2% yield).

Webster Bank N. A. grew its stake in Lockheed Martin Corporation (NYSE:LMT - Free Report) by 853.3% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,431 shares of the aerospace company's stock after acquiring an additional 2,176 shares during the quarter. Webster Bank N. A.'s holdings in Lockheed Martin were worth $1,176,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. United Financial Planning Group LLC bought a new stake in Lockheed Martin in the third quarter worth $25,000. Barnes Dennig Private Wealth Management LLC boosted its holdings in 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 worth $27,000 after acquiring an additional 40 shares in the last quarter. Grey Fox Wealth Advisors LLC purchased a new position in shares of Lockheed Martin in the third quarter worth $27,000. Beacon Financial Strategies CORP purchased a new position in shares of Lockheed Martin in the fourth quarter worth $34,000. Finally, Pilgrim Partners Asia Pte Ltd purchased a new position in shares of Lockheed Martin in the third quarter worth $35,000. 74.19% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on LMT. BNP Paribas Exane boosted their price target on Lockheed Martin from $740.00 to $770.00 and gave the stock an "outperform" rating in a research note on Tuesday, April 7th. JPMorgan Chase & Co. boosted their price target on Lockheed Martin from $515.00 to $680.00 and gave the stock a "neutral" rating in a research note on Friday, January 30th. The Goldman Sachs Group boosted their price target on Lockheed Martin from $464.00 to $517.00 and gave the stock a "sell" rating in a research note on Monday, February 2nd. Morgan Stanley set a $675.00 price target on Lockheed Martin in a research note on Wednesday, February 4th. Finally, Wall Street Zen cut Lockheed Martin from a "strong-buy" rating to a "buy" rating in a research note on Sunday, March 22nd. Seven investment analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target of $645.79.

Lockheed Martin Stock Performance

Lockheed Martin stock traded down $5.93 during mid-day trading on Tuesday, reaching $613.76. 68,309 shares of the stock traded hands, compared to its average volume of 1,750,489. The stock has a market capitalization of $141.45 billion, a PE ratio of 28.61, a price-to-earnings-growth ratio of 1.10 and a beta of 0.23. The company has a debt-to-equity ratio of 3.05, a current ratio of 1.09 and a quick ratio of 0.94. Lockheed Martin Corporation has a 12-month low of $410.11 and a 12-month high of $692.00. The business's 50-day moving average is $637.86 and its 200-day moving average is $548.89.

Lockheed Martin (NYSE:LMT - Get Free Report) last posted its quarterly earnings data on Thursday, January 29th. The aerospace company reported $5.80 EPS for the quarter, missing analysts' consensus estimates of $6.33 by ($0.53). The firm had revenue of $20.32 billion for the quarter, compared to analysts' expectations of $19.84 billion. Lockheed Martin had a net margin of 6.69% and a return on equity of 108.53%. The firm's revenue was up 9.1% compared to the same quarter last year. During the same quarter last year, the company posted $7.67 EPS. As a group, sell-side analysts predict that Lockheed Martin Corporation will post 27.15 EPS for the current fiscal year.

Lockheed Martin Announces Dividend

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

Trending Headlines about Lockheed Martin

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

• Positive Sentiment: Lockheed authorized a big expansion of Lockheed Martin Ventures from $400M to $1B to accelerate critical national‑security technologies and speed commercialization — this increases the company’s ability to fund and scale new capabilities that could feed future revenue streams and reinforce the defense industrial base. Read More.
• Positive Sentiment: Lockheed scored a large U.S. Army award (about $4.7–$4.76B) for PAC‑3 MSE interceptors — a material contract that lifts missile production backlog and reinforces recurring, programmatic revenue in Missiles & Fire Control. Read More.
• Positive Sentiment: Orion/Artemis II crewed splashdown was successful — a program milestone that derisks human‑spaceflight capability built by Lockheed and supports future NASA work and related long‑cycle revenue. Read More.
• Positive Sentiment: Additional U.S. military contract awards (roughly $92M reported) and plans for on‑orbit “space dominance” demos bolster the program pipeline and backlog consistency. Read More.
• Positive Sentiment: Lockheed is pursuing next‑generation on‑orbit demos that could open new, higher‑margin business lines in space services and resilience. Read More.
• Neutral Sentiment: Heightened Middle East naval activity and U.S. warships poised to enforce a blockade raise geopolitical risk — such tension tends to lift defense demand but also increases volatility and procurement timing uncertainty. Read More.
• Neutral Sentiment: Market commentary and analyst updates highlight strong backlog and favorable sector flows (defense ETFs), but LMT still carries valuation and recent earnings execution risk (recent quarter saw an EPS miss versus consensus). Read More.
• Negative Sentiment: QuiverQuant and other trackers show notable insider selling activity (multiple recent sales by senior executives), which may raise questions for some investors about timing of holdings even as institutional flows remain mixed. Read More.

About Lockheed Martin

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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