SkyOak Wealth LLC Reduces Stock Holdings in Lockheed Martin Corporation $LMT

SkyOak Wealth LLC reduced its position in shares of Lockheed Martin Corporation (NYSE:LMT) by 47.9% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 1,067 shares of the aerospace company’s stock after selling 981 shares during the quarter. SkyOak Wealth LLC’s holdings in Lockheed Martin were worth $645,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. United Financial Planning Group LLC bought a new stake in shares of Lockheed Martin during the 3rd quarter valued at $25,000. Basso Capital Management L.P. purchased a new position in Lockheed Martin during the fourth quarter valued at $25,000. Triumph Capital Management lifted its position in Lockheed Martin by 66.7% during the fourth quarter. Triumph Capital Management now owns 55 shares of the aerospace company’s stock valued at $26,000 after purchasing an additional 22 shares in the last quarter. Clarity Asset Management Inc. bought a new stake in Lockheed Martin during the fourth quarter valued at about $26,000. Finally, Bard Associates Inc. bought a new stake in Lockheed Martin during the fourth quarter valued at about $27,000. Hedge funds and other institutional investors own 74.19% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have recently commented on LMT. Susquehanna decreased their price objective on Lockheed Martin from $740.00 to $700.00 and set a “positive” rating on the stock in a research note on Friday, April 24th. Royal Bank Of Canada lowered their price target on shares of Lockheed Martin from $650.00 to $575.00 and set a “sector perform” rating on the stock in a report on Friday, April 24th. Morgan Stanley dropped their price target on shares of Lockheed Martin from $675.00 to $653.00 and set an “equal weight” rating for the company in a research report on Friday, April 24th. BNP Paribas Exane reduced their price objective on shares of Lockheed Martin from $770.00 to $680.00 and set an “outperform” rating for the company in a research note on Friday, April 24th. Finally, Wall Street Zen downgraded shares of Lockheed Martin from a “buy” rating to a “hold” rating in a research report on Saturday, April 25th. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, twelve have issued a Hold rating and one has issued 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 $609.68.

Key Headlines Impacting Lockheed Martin

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

• Positive Sentiment: Lockheed Martin was selected through its Aculight unit for the Joint Laser Weapon System program, adding another defense-related growth opportunity tied to missile and drone defense. NLight Flashes Buy Signal On U.S. Contract For Missile, Drone Defense
• Positive Sentiment: Goldman Sachs won the mandate to manage part of Lockheed Martin’s retirement assets as part of a combined $70 billion deal, a sign of strong corporate-scale financial relationships and added visibility around its pension/retirement management. Goldman Sachs wins $70 billion in asset management deals with Verizon, Lockheed Martin
• Positive Sentiment: Recent articles highlighted Lockheed Martin’s large $194 billion backlog and new Pentagon contracts, reinforcing the company’s long-term revenue visibility even as investors await the July 23 earnings report. Lockheed Martin Secures the Ultimate Defense Moat
• Positive Sentiment: Defense stocks, including Lockheed Martin, gained after renewed Iran-war fears and the end of the ceasefire raised expectations for higher defense spending and increased demand for military systems. Northrup, Lockheed, Other Defense Stocks Rise as Trump Sparks Iran War Fears
• Neutral Sentiment: Lockheed Martin also won two U.S. defense contracts worth more than $607 million, which supports backlog growth but is not large enough on its own to change the near-term earnings picture. Lockheed Martin wins two U.S. defense contracts worth over 607M
• Negative Sentiment: Investor attention remains on margin compression, a Q1 earnings miss, and execution risk in fixed-price programs, which help explain why the stock has been slipping despite the strong backlog. Lockheed Martin Secures the Ultimate Defense Moat
• Negative Sentiment: Recent market commentary noted LMT has lagged the broader defense group at times, suggesting traders are still waiting for clearer signs that earnings growth will reaccelerate. LMT Stock Lags Industry in a Month: Is the Pullback an Opportunity?

Lockheed Martin Price Performance

Shares of Lockheed Martin stock opened at $517.71 on Friday. The firm has a market cap of $119.36 billion, a PE ratio of 25.07, a PEG ratio of 0.95 and a beta of 0.11. The stock has a 50 day moving average of $521.44 and a 200 day moving average of $570.79. The company has a current ratio of 1.14, a quick ratio of 0.94 and a debt-to-equity ratio of 2.74. Lockheed Martin Corporation has a 12 month low of $410.11 and a 12 month high of $692.00.

Lockheed Martin (NYSE:LMT) last released its quarterly earnings data 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). The firm had revenue of $18.02 billion during the quarter, compared to the consensus estimate of $18.38 billion. Lockheed Martin had a return on equity of 101.64% and a net margin of 6.38%.The business’s revenue was up .3% compared to the same quarter last year. During the same period in the previous year, the firm earned $7.28 EPS. Lockheed Martin has set its FY 2026 guidance at 29.350-30.250 EPS. On average, research analysts expect that Lockheed Martin Corporation will post 29.93 EPS for the current fiscal year.

Lockheed Martin Announces Dividend

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

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.