Scharf Investments LLC Sells 26,656 Shares of Lockheed Martin Corporation $LMT

Scharf Investments LLC lowered its holdings in shares of Lockheed Martin Corporation (NYSE:LMT) by 14.7% during the fourth quarter, Holdings Channel reports. The institutional investor owned 155,178 shares of the aerospace company’s stock after selling 26,656 shares during the quarter. Lockheed Martin comprises about 2.0% of Scharf Investments LLC’s investment portfolio, making the stock its 25th biggest position. Scharf Investments LLC’s holdings in Lockheed Martin were worth $75,062,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of LMT. United Financial Planning Group LLC bought a new position in shares of Lockheed Martin during the 3rd quarter worth about $25,000. Barnes Dennig Private Wealth Management LLC increased its stake 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 valued at $27,000 after acquiring an additional 40 shares during the period. Grey Fox Wealth Advisors LLC bought a new position in Lockheed Martin during the third quarter worth about $27,000. Twin Peaks Wealth Advisors LLC acquired a new stake in Lockheed Martin during the second quarter valued at approximately $29,000. Finally, Beacon Financial Strategies CORP bought a new stake in shares of Lockheed Martin in the 4th quarter valued at approximately $34,000. Institutional investors own 74.19% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on LMT shares. Weiss Ratings raised Lockheed Martin from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, March 23rd. Wall Street Zen cut Lockheed Martin from a “strong-buy” rating to a “buy” rating in a research report on Sunday, March 22nd. The Goldman Sachs Group lifted their price objective on Lockheed Martin from $464.00 to $517.00 and gave the company a “sell” rating in a report on Monday, February 2nd. Jefferies Financial Group boosted their target price on shares of Lockheed Martin from $540.00 to $630.00 and gave the company a “hold” rating in a research note on Sunday, February 1st. Finally, Robert W. Baird increased their target price 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. Seven equities research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Lockheed Martin currently has a consensus rating of “Hold” and a consensus price target of $623.16.

Lockheed Martin Stock Up 0.9%

NYSE LMT opened at $604.03 on Wednesday. The stock’s 50 day simple moving average is $634.31 and its 200 day simple moving average is $539.67. 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 one year low of $410.11 and a one year high of $692.00. The firm has a market cap of $139.21 billion, a PE ratio of 28.11, a price-to-earnings-growth ratio of 1.08 and a beta of 0.22.

Lockheed Martin (NYSE:LMT) 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). Lockheed Martin had a return on equity of 108.53% and a net margin of 6.69%.The business had revenue of $20.32 billion during the quarter, compared to analyst estimates of $19.84 billion. During the same period in the prior year, the firm posted $7.67 EPS. Lockheed Martin’s revenue for the quarter was up 9.1% compared to the same quarter last year. As a group, sell-side analysts forecast that Lockheed Martin Corporation will post 27.15 earnings per share for the current fiscal year.

Lockheed Martin Dividend Announcement

The business also recently declared 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. The ex-dividend date was Monday, March 2nd. This represents a $13.80 annualized dividend and a yield of 2.3%. Lockheed Martin’s dividend payout ratio is 64.22%.

Lockheed Martin News Summary

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

• Positive Sentiment: Opened a new Rapid Fielding Center to speed prototype-to-production cycles, which could help Lockheed win accelerated U.S. defense programs and shorten delivery timelines. Lockheed Martin Opens Rapid Fielding Center, Accelerating Defense Innovation and Production
• Positive Sentiment: Launched a rapid prototyping facility to accelerate weapons development and respond to faster acquisition timelines—supports future program wins and production scaling. Lockheed Martin opens rapid prototyping facility to speed weapons development
• Positive Sentiment: Framework agreement to accelerate Precision Strike Missile production could materially increase missile volumes and multi?year revenue if full awards follow—supports backlog growth and utilization. A Look At Lockheed Martin (LMT) Valuation As Precision Strike Missile Production Ramps Up
• Neutral Sentiment: The upcoming NASA Artemis II flight raises public visibility for space contractors; successful missions can be reputationally positive but may not translate to near-term revenue. Artemis II Is About to Launch. What Investors Need to Know.
• Neutral Sentiment: Heightened investor attention and active defense ETF flows could amplify short?term moves in LMT shares, but ETF rotations are not a company-specific fundamental change. 2 Actively Managed Defense ETFs That Can Pivot as the War Evolves
• Negative Sentiment: NASA signaled an Artemis program reset, including a review of Lockheed’s Orion role and a shift toward smaller rockets—this raises the risk of contract reshaping or lost future work on lunar systems. The report also notes governance/questions around defense ETF trading timing tied to geopolitical events. Lockheed Martin Faces Artemis Reset And Governance Questions For Future Growth
• Negative Sentiment: The Pentagon reportedly cut the Air Force’s F-35 order roughly in half amid budget constraints—this reduces near-term aircraft production revenue and adds uncertainty to F?35 program volumes. Lockheed Martin Hit As Pentagon Slashes Air Force’s F-35 Order In Half Amid Budget Cuts

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.