Windward Capital Management Co. CA Sells 1,945 Shares of Lockheed Martin Corporation $LMT

Key Points

• Windward Capital Management trimmed its stake in Lockheed Martin by 3.4%, selling 1,945 shares to hold 54,468 shares valued at about $26.35 million, making LMT 2.1% of the firm's portfolio and its 14th largest holding.
• Lockheed reported a Q1 earnings miss (EPS $6.44 vs. $6.79 expected) and revenue of $18.02B vs. $18.38B, with free cash flow swinging to about $(291)m amid production delays and higher costs, though management reaffirmed FY‑2026 EPS guidance of $29.35–$30.25.
• The company pays a quarterly dividend of $3.45 ($13.80 annual, ~2.6% yield), while analyst views are mixed—consensus rating is a Hold with a $644.05 target amid several recent price‑target increases.

Windward Capital Management Co. CA decreased its stake in Lockheed Martin Corporation (NYSE:LMT - Free Report) by 3.4% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 54,468 shares of the aerospace company's stock after selling 1,945 shares during the quarter. Lockheed Martin comprises 2.1% of Windward Capital Management Co. CA's portfolio, making the stock its 14th biggest holding. Windward Capital Management Co. CA's holdings in Lockheed Martin were worth $26,345,000 as of its most recent filing with the SEC.

Other large investors have also recently modified their holdings of the company. United Financial Planning Group LLC bought a new stake in Lockheed Martin during the third quarter valued at about $25,000. Barnes Dennig Private Wealth Management LLC lifted its position in shares of Lockheed Martin by 285.7% during 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 during the third quarter valued at about $27,000. Beacon Financial Strategies CORP bought a new stake in shares of Lockheed Martin in the 4th quarter valued at about $34,000. Finally, Pilgrim Partners Asia Pte Ltd purchased a new position in shares of Lockheed Martin in the 3rd quarter worth approximately $35,000. Institutional investors own 74.19% of the company's stock.

Lockheed Martin Price Performance

Shares of LMT opened at $530.27 on Friday. The company has a debt-to-equity ratio of 3.05, a current ratio of 1.09 and a quick ratio of 0.94. The company's fifty day moving average price is $631.13 and its 200-day moving average price is $552.93. Lockheed Martin Corporation has a 1-year low of $410.11 and a 1-year high of $692.00. The firm has a market capitalization of $122.21 billion, a PE ratio of 24.68, a price-to-earnings-growth ratio of 0.99 and a beta of 0.23.

Lockheed Martin (NYSE:LMT - Get Free Report) last issued its earnings results on Thursday, April 23rd. The aerospace company reported $6.44 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $6.79 by ($0.35). Lockheed Martin had a return on equity of 108.53% and a net margin of 6.69%.The firm had revenue of $18.02 billion during the quarter, compared to analysts' expectations of $18.38 billion. During the same quarter last year, the business earned $7.28 EPS. The business's revenue was up .3% on a year-over-year basis. Lockheed Martin has set its FY 2026 guidance at 29.350-30.250 EPS. On average, equities research analysts predict that Lockheed Martin Corporation will post 29.97 EPS for the current year.

Lockheed Martin Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Monday, March 2nd were issued a dividend of $3.45 per share. The ex-dividend date of this dividend was Monday, March 2nd. This represents a $13.80 dividend on an annualized basis and a dividend yield of 2.6%. Lockheed Martin's payout ratio is 64.22%.

Analyst Ratings Changes

A number of brokerages have recently issued reports on LMT. Weiss Ratings raised Lockheed Martin from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Monday, March 23rd. Argus raised their price objective on Lockheed Martin from $530.00 to $735.00 and gave the stock a "buy" rating in a research report on Friday, March 6th. JPMorgan Chase & Co. upped their target price on Lockheed Martin from $515.00 to $680.00 and gave the company a "neutral" rating in a research report on Friday, January 30th. Susquehanna decreased their price target on Lockheed Martin from $740.00 to $700.00 and set a "positive" rating for the company in a research note on Friday. Finally, BNP Paribas Exane raised their price target on Lockheed Martin from $740.00 to $770.00 and gave the stock an "outperform" rating in a report on Tuesday, April 7th. 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. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price of $644.05.

More Lockheed Martin News

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

• Positive Sentiment: Peru agreed to buy 12 F‑16 Block 70 fighters, a direct contract win that supports near-term backlog and revenue visibility. Peru Selects Lockheed Martin F-16 Block 70
• Positive Sentiment: An analyst price-target bump (Sanford C. Bernstein to $661) gives analysts’ support for upside versus current levels and may underpin buying interest. Lockheed Martin Price Target Raised to $661.00
• Positive Sentiment: Macro tailwinds — surging global defense budgets and a growing U.S. missile/munitions agenda — keep long-term demand strong for Lockheed’s portfolio (supports medium/long-term revenue growth). Lockheed Martin vs. RTX: Defense Spending Is Surging
• Neutral Sentiment: Management reaffirmed FY‑2026 EPS guidance ($29.35–$30.25) and revenue range (~$77.5B–$80.0B); this limits downside from guidance cuts but leaves execution risk priced in. Lockheed Martin Reports First Quarter 2026 Financial Results
• Neutral Sentiment: Positive PR from the successful Orion crewed mission underscores program credibility (reputational benefit but limited immediate financial impact). Green Hills Congratulates NASA and Lockheed Martin on Orion
• Negative Sentiment: Q1 results missed expectations: EPS $6.44 vs. estimates ~ $6.79 and revenue $18.02B vs. ~$18.38B — this triggered selling pressure and raises short-term performance concerns. Lockheed Martin First-Quarter Results Miss Street Views
• Negative Sentiment: Free cash flow swung negative (~$(291)m) and executives cited production delays and higher costs on fixed‑price programs (F‑16, C‑130), elevating execution and margin risk. Lockheed Martin posts lower quarterly profit as delays weigh

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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