Verity Asset Management Inc. Sells 2,317 Shares of Lockheed Martin Corporation $LMT

Verity Asset Management Inc. cut its position in Lockheed Martin Corporation (NYSE:LMT) by 47.2% in the 4th quarter, HoldingsChannel.com reports. The firm owned 2,587 shares of the aerospace company’s stock after selling 2,317 shares during the period. Verity Asset Management Inc.’s holdings in Lockheed Martin were worth $1,251,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also added to or reduced their stakes in the company. United Financial Planning Group LLC acquired a new position in shares of Lockheed Martin during the 3rd quarter worth approximately $25,000. Barnes Dennig Private Wealth Management LLC grew its position in shares of Lockheed Martin by 285.7% during the 3rd quarter. Barnes Dennig Private Wealth Management LLC now owns 54 shares of the aerospace company’s stock worth $27,000 after purchasing an additional 40 shares in the last quarter. Grey Fox Wealth Advisors LLC acquired a new position in shares of Lockheed Martin during the 3rd quarter worth approximately $27,000. Pilgrim Partners Asia Pte Ltd acquired a new position in shares of Lockheed Martin during the 3rd quarter worth approximately $35,000. Finally, Beacon Financial Strategies CORP acquired a new position in shares of Lockheed Martin during the 4th quarter worth approximately $34,000. 74.19% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of research analysts have issued reports on the stock. Wall Street Zen lowered shares of Lockheed Martin from a “buy” rating to a “hold” rating in a research report on Saturday, April 25th. Jefferies Financial Group restated a “hold” rating and set a $595.00 target price on shares of Lockheed Martin in a research report on Sunday. Wells Fargo & Company assumed coverage on shares of Lockheed Martin in a research report on Wednesday, April 1st. They set an “equal weight” rating and a $650.00 target price on the stock. Morgan Stanley decreased their target price on shares of Lockheed Martin from $675.00 to $653.00 and set an “equal weight” rating on the stock in a research report on Friday, April 24th. Finally, Sanford C. Bernstein increased their target price on shares of Lockheed Martin from $654.00 to $661.00 and gave the stock a “market perform” rating in a research report on Tuesday, April 21st. Seven investment analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $632.58.

Lockheed Martin Price Performance

Shares of Lockheed Martin stock traded up $1.01 on Thursday, reaching $510.82. 152,012 shares of the stock were exchanged, compared to its average volume of 1,756,568. The firm’s 50 day moving average is $620.01 and its 200-day moving average is $553.28. Lockheed Martin Corporation has a one year low of $410.11 and a one year high of $692.00. The company has a debt-to-equity ratio of 2.74, a quick ratio of 0.94 and a current ratio of 1.14. The firm has a market cap of $117.78 billion, a PE ratio of 24.74, a P/E/G ratio of 0.93 and a beta of 0.23.

Lockheed Martin (NYSE:LMT) last issued its quarterly earnings results on Thursday, April 23rd. The aerospace company reported $6.44 earnings per share for the quarter, missing analysts’ consensus estimates 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 the consensus estimate of $18.38 billion. During the same period last year, the company posted $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. As a group, analysts anticipate that Lockheed Martin Corporation will post 29.93 EPS for the current fiscal year.

Lockheed Martin Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Monday, March 2nd were paid a $3.45 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This represents a $13.80 annualized dividend and a yield of 2.7%. Lockheed Martin’s dividend payout ratio is presently 66.83%.

Key Headlines Impacting Lockheed Martin

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

• Positive Sentiment: Won a $1.13 billion U.S. Army production contract for 17 HIMARS M142 launchers (for U.S. and allied forces through 2028), which adds near-term funded production revenue and supports backlog visibility. Lockheed Martin (LMT) Secures $1.13 Billion Contract for HIMARS Production
• Positive Sentiment: Strategic wins and tech roles (Skunk Works MDCX overseeing MQ-25A flight; participation in the Space Force “Golden Dome” program and GPS III/IIIF work) reinforce Lockheed’s exposure to higher-margin next?generation air, space and missile?defense programs. These support long-term revenue and margin optionality. Is Lockheed Martin’s (LMT) Golden Dome Role Quietly Redefining Its Advanced Defense Technology Narrative?
• Neutral Sentiment: Market commentary argues the recent ~27% slide has created a valuation dislocation vs. fundamentals — Lockheed’s large backlog (~$186B cited by analysts) and multi-year contracting profile are cited as a buy case, but execution and timing risks remain. This is more of a contrarian valuation angle than an immediate catalyst. Lockheed Martin (LMT) Slid 27%. The Backlog and Valuation Still Point to a Buy
• Negative Sentiment: Peer outperformance: General Dynamics reported a stronger-than-expected quarter and raised guidance, lifting its shares — that outperformance puts relative pressure on LMT and can weigh investor appetite for Lockheed in the short term. General Dynamics Raises Full-Year Earnings Outlook After First-Quarter Beat; Shares Jump
• Negative Sentiment: Policy risk: bipartisan Republican pushback on a proposed large Pentagon budget increase (reported coverage of resistance to a ~44% boost) raises near?term uncertainty around defense spending trajectories and timing of program funding, which can amplify volatility for big primes. Republicans Push Back On Trump’s 44% Pentagon Budget Increase

Lockheed Martin Company 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.