Sterling Investment Advisors Ltd. Sells 1,584 Shares of Lockheed Martin Corporation $LMT

Sterling Investment Advisors Ltd. lessened its holdings in shares of Lockheed Martin Corporation (NYSE:LMT) by 10.5% in the 1st quarter, Holdings Channel.com reports. The firm owned 13,566 shares of the aerospace company’s stock after selling 1,584 shares during the quarter. Lockheed Martin makes up approximately 1.4% of Sterling Investment Advisors Ltd.’s portfolio, making the stock its 15th largest position. Sterling Investment Advisors Ltd.’s holdings in Lockheed Martin were worth $8,199,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. United Financial Planning Group LLC acquired a new position in Lockheed Martin during the 3rd quarter valued at $25,000. Basso Capital Management L.P. bought a new stake in Lockheed Martin in the 4th quarter valued at $25,000. Triumph Capital Management grew its position in Lockheed Martin by 66.7% in the 4th quarter. Triumph Capital Management now owns 55 shares of the aerospace company’s stock worth $26,000 after purchasing an additional 22 shares during the last quarter. Clarity Asset Management Inc. acquired a new stake in Lockheed Martin in the 4th quarter worth $26,000. Finally, Bard Associates Inc. bought a new position in shares of Lockheed Martin during the 4th quarter worth about $27,000. Institutional investors own 74.19% of the company’s stock.

Lockheed Martin Price Performance

NYSE:LMT opened at $515.32 on Wednesday. The company has a quick ratio of 0.94, a current ratio of 1.14 and a debt-to-equity ratio of 2.74. The firm has a market cap of $118.81 billion, a PE ratio of 24.96, a price-to-earnings-growth ratio of 0.93 and a beta of 0.11. Lockheed Martin Corporation has a 12 month low of $410.11 and a 12 month high of $692.00. The company’s 50-day moving average price is $521.89 and its two-hundred day moving average price is $571.55.

Lockheed Martin (NYSE:LMT) last posted 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). Lockheed Martin had a return on equity of 101.64% and a net margin of 6.38%.The firm had revenue of $18.02 billion for the quarter, compared to analyst estimates of $18.38 billion. During the same period in the previous year, the business posted $7.28 EPS. The business’s quarterly 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 analysts anticipate that Lockheed Martin Corporation will post 29.94 EPS for the current fiscal year.

Lockheed Martin Dividend Announcement

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

Wall Street Analysts Forecast Growth

LMT has been the subject of several research reports. Sanford C. Bernstein reiterated a “market perform” rating on shares of Lockheed Martin in a research note on Friday, May 29th. Wall Street Zen lowered Lockheed Martin from a “buy” rating to a “hold” rating in a research note on Saturday, April 25th. Morgan Stanley cut their price target 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. Wells Fargo & Company set a $575.00 price objective on Lockheed Martin in a research report on Wednesday, July 8th. Finally, JPMorgan Chase & Co. decreased their price objective on Lockheed Martin from $680.00 to $605.00 and set a “neutral” rating on the stock in a report on Tuesday, May 5th. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of $607.58.

Key Stories Impacting Lockheed Martin

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

• Positive Sentiment: Lockheed Martin’s expanded quantum training partnership with Xanadu highlights growing activity in advanced technologies and could support long-term innovation credibility. Xanadu and Lockheed Martin Expand Quantum Talent Pipeline
• Positive Sentiment: Recent coverage emphasized Lockheed Martin’s very large backlog, which suggests years of future revenue visibility and steady demand for defense programs. Lockheed Martin’s $100 Billion Backlog Signals Long-Term Demand
• Neutral Sentiment: Analysts at TD Cowen lowered their price target on Lockheed Martin and kept a hold rating, signaling more limited near-term upside after the stock’s recent run. Benzinga report on TD Cowen price target cut
• Negative Sentiment: One defense industry commentary argued General Dynamics may be better positioned in naval systems, while noting Lockheed’s Ultra Maritime acquisition and negative free cash flow could weigh on confidence. Lockheed Martin Vs. General Dynamics: Pick General Dynamics for Naval Dominance Despite Lockheed’s $3.5 Billion Ultra Maritime Acquisition
• Negative Sentiment: A market recap noted LMT fell even as the broader market advanced, reinforcing the view that the stock is under pressure from company-specific concerns rather than sector weakness alone. Lockheed Martin (LMT) Stock Sinks As Market Gains: What You Should Know

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.