Signet Private Wealth LLC Invests $794,000 in Lockheed Martin Corporation $LMT

Signet Private Wealth LLC purchased a new stake in Lockheed Martin Corporation (NYSE:LMT) during the fourth quarter, HoldingsChannel reports. The institutional investor purchased 1,641 shares of the aerospace company’s stock, valued at approximately $794,000. Lockheed Martin accounts for approximately 0.8% of Signet Private Wealth LLC’s holdings, making the stock its 28th biggest position.

Several other hedge funds and other institutional investors also recently made changes to their positions in LMT. Wellington Management Group LLP lifted its stake in Lockheed Martin by 3.4% in the 3rd quarter. Wellington Management Group LLP now owns 2,384,753 shares of the aerospace company’s stock valued at $1,190,493,000 after purchasing an additional 79,491 shares during the last quarter. Invesco Ltd. boosted its position in Lockheed Martin by 4.2% in the third quarter. Invesco Ltd. now owns 2,196,058 shares of the aerospace company’s stock valued at $1,096,294,000 after buying an additional 87,663 shares in the last quarter. Franklin Resources Inc. grew its stake in shares of Lockheed Martin by 0.6% during the fourth quarter. Franklin Resources Inc. now owns 1,670,284 shares of the aerospace company’s stock worth $807,866,000 after buying an additional 10,349 shares during the last quarter. Deutsche Bank AG increased its holdings in shares of Lockheed Martin by 7.4% during the fourth quarter. Deutsche Bank AG now owns 1,440,840 shares of the aerospace company’s stock worth $696,891,000 after buying an additional 99,403 shares in the last quarter. Finally, Legal & General Group Plc increased its holdings in shares of Lockheed Martin by 6.6% during the third quarter. Legal & General Group Plc now owns 1,022,940 shares of the aerospace company’s stock worth $510,662,000 after buying an additional 63,430 shares in the last quarter. 74.19% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

LMT has been the topic of several recent research reports. Jefferies Financial Group reissued a “hold” rating and set a $595.00 price objective on shares of Lockheed Martin in a report on Sunday, April 26th. Deutsche Bank Aktiengesellschaft lowered their target price on Lockheed Martin from $615.00 to $575.00 and set a “hold” rating for the company in a report on Friday, April 24th. Susquehanna dropped their target price on Lockheed Martin from $740.00 to $700.00 and set a “positive” rating for the company in a research report on Friday, April 24th. Sanford C. Bernstein reissued a “market perform” rating on shares of Lockheed Martin in a research note on Friday, May 29th. Finally, BNP Paribas Exane reduced their price target on Lockheed Martin from $770.00 to $680.00 and set an “outperform” rating on the stock in a report on Friday, April 24th. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $620.68.

Trending Headlines about Lockheed Martin

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

• Positive Sentiment: Lockheed Martin won a $153.9 million contract for F-35 long-lead parts, adding to its backlog and reinforcing demand for its core fighter program. Article Title
• Positive Sentiment: The company cleared a key propulsion test for its PrSM Increment 4 missile and is investing heavily to expand long-range strike production, which supports the growth narrative in missiles and munitions. Article Title
• Positive Sentiment: Lockheed Martin also demonstrated a containerized JAGM system that successfully intercepted a test drone, highlighting progress in counter-drone and mobile defense technologies. Article Title
• Neutral Sentiment: Jim Cramer described Lockheed Martin as “very volatile,” which may reflect investor uncertainty rather than a direct change in fundamentals. Article Title
• Neutral Sentiment: Lockheed Martin said it cannot determine when U.S. allies will receive Patriot missiles because it does not control PAC-3 interceptor allocation, even though production has tripled; the issue underscores strong demand but also supply constraints. Article Title
• Negative Sentiment: A law firm reportedly opened an investigation into alleged misleading statements tied to contract losses, disclosures, and governance practices, which could create overhang for the stock. Article Title

Lockheed Martin Stock Performance

Shares of Lockheed Martin stock opened at $525.21 on Thursday. The stock has a market cap of $121.09 billion, a price-to-earnings ratio of 25.43, a P/E/G ratio of 0.96 and a beta of 0.10. Lockheed Martin Corporation has a twelve month low of $410.11 and a twelve month high of $692.00. The company’s fifty day moving average is $550.81 and its 200 day moving average is $561.94. The company has a quick ratio of 0.94, a current ratio of 1.14 and a debt-to-equity ratio of 2.74.

Lockheed Martin (NYSE:LMT) last announced its earnings results on Thursday, April 23rd. The aerospace company reported $6.44 earnings per share (EPS) for the quarter, missing the consensus estimate of $6.79 by ($0.35). The company had revenue of $18.02 billion for 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 firm’s revenue for the quarter was up .3% on a year-over-year basis. During the same period in the prior year, the business earned $7.28 earnings per share. Lockheed Martin has set its FY 2026 guidance at 29.350-30.250 EPS. Sell-side analysts forecast that Lockheed Martin Corporation will post 29.88 EPS for the current year.

Lockheed Martin Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 26th. Stockholders of record on Monday, June 1st will be given a dividend of $3.45 per share. This represents a $13.80 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date is Monday, June 1st. Lockheed Martin’s dividend payout ratio (DPR) is 66.83%.

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.