Private Advisor Group LLC Sells 8,336 Shares of Lockheed Martin Corporation $LMT

Private Advisor Group LLC trimmed its position in shares of Lockheed Martin Corporation (NYSE:LMT) by 17.9% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 38,193 shares of the aerospace company’s stock after selling 8,336 shares during the quarter. Private Advisor Group LLC’s holdings in Lockheed Martin were worth $19,066,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Flavin Financial Services Inc. raised its stake in shares of Lockheed Martin by 13.5% in the third quarter. Flavin Financial Services Inc. now owns 4,893 shares of the aerospace company’s stock valued at $2,442,000 after acquiring an additional 581 shares during the period. PFG Advisors boosted its stake in shares of Lockheed Martin by 10.6% during the 3rd quarter. PFG Advisors now owns 6,055 shares of the aerospace company’s stock worth $3,023,000 after purchasing an additional 579 shares during the period. Prevail Innovative Wealth Advisors LLC boosted its stake in shares of Lockheed Martin by 63.7% during the 3rd quarter. Prevail Innovative Wealth Advisors LLC now owns 3,691 shares of the aerospace company’s stock worth $1,843,000 after purchasing an additional 1,436 shares during the period. Longview Financial Advisors Inc. bought a new position in Lockheed Martin during the 3rd quarter valued at about $213,000. Finally, Powell Investment Advisors LLC grew its holdings in Lockheed Martin by 161.5% during the 3rd quarter. Powell Investment Advisors LLC now owns 1,927 shares of the aerospace company’s stock valued at $962,000 after purchasing an additional 1,190 shares during the last quarter. Institutional investors own 74.19% of the company’s stock.

Lockheed Martin Price Performance

NYSE LMT opened at $663.96 on Tuesday. The firm’s fifty day simple moving average is $603.57 and its two-hundred day simple moving average is $520.19. The firm has a market capitalization of $152.76 billion, a P/E ratio of 30.90, a P/E/G ratio of 1.21 and a beta of 0.22. The company has a current ratio of 1.09, a quick ratio of 0.94 and a debt-to-equity ratio of 3.05. Lockheed Martin Corporation has a 12-month low of $410.11 and a 12-month high of $692.00.

Lockheed Martin (NYSE:LMT) last issued its quarterly earnings data on Thursday, January 29th. The aerospace company reported $5.80 EPS for the quarter, missing the consensus estimate of $6.33 by ($0.53). The business had revenue of $20.32 billion for the quarter, compared to analysts’ expectations of $19.84 billion. Lockheed Martin had a net margin of 6.69% and a return on equity of 108.53%. The business’s revenue for the quarter was up 9.1% on a year-over-year basis. During the same quarter in the prior year, the company posted $7.67 EPS. Analysts forecast that Lockheed Martin Corporation will post 27.15 EPS for the current fiscal year.

Lockheed Martin Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 27th. Shareholders of record on Monday, March 2nd will be paid a $3.45 dividend. The ex-dividend date is Monday, March 2nd. This represents a $13.80 dividend on an annualized basis and a yield of 2.1%. Lockheed Martin’s dividend payout ratio (DPR) is 64.22%.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the stock. Deutsche Bank Aktiengesellschaft raised their price objective on shares of Lockheed Martin from $492.00 to $611.00 and gave the stock a “hold” rating in a research note on Friday, January 30th. The Goldman Sachs Group upped their target price on Lockheed Martin from $464.00 to $517.00 and gave the company a “sell” rating in a research note on Monday, February 2nd. Citigroup increased their price target on Lockheed Martin from $592.00 to $673.00 and gave the stock a “neutral” rating in a report on Thursday, February 5th. Robert W. Baird raised their price target on Lockheed Martin from $550.00 to $640.00 and gave the stock an “outperform” rating in a research note on Friday, January 16th. Finally, Wall Street Zen cut Lockheed Martin from a “strong-buy” rating to a “buy” rating in a report on Sunday, February 8th. Six investment analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Lockheed Martin currently has a consensus rating of “Hold” and an average target price of $618.95.

Key Stories Impacting Lockheed Martin

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

• Positive Sentiment: Sikorsky is rolling out an upgraded S‑92A+ and preparing production as global demand for medium‑lift helicopters picks up — a clear revenue/ backlog positive for Lockheed’s rotary‑wing unit. Lockheed Martin (LMT) Rolls Out Upgraded S-92A+ as Global Demand Picks Up
• Positive Sentiment: Recent F‑35 and missile contracts (and public reports of ramping interceptor/missile production) support stronger top‑line visibility and justify defense multiple expansion. Lockheed Martin, RTX land F-35 contracts, shares clear entries
• Positive Sentiment: Geopolitical tensions (Iran conflict) are driving near‑term defense demand expectations that have lifted LMT sentiment and flows into defense names. Lockheed Martin Stock (LMT) Continues to Surge as War Rages
• Positive Sentiment: At least one shop has lifted LMT’s price target (to $735), signaling bullish analyst conviction on upside from current programs and backlog. Lockheed Martin (NYSE:LMT) Price Target Raised to $735.00
• Neutral Sentiment: Analyst pieces highlight LMT as a strong momentum/dividend name and note heavy investor attention — useful context for flows but not a catalyst by itself. Here’s Why Lockheed Martin (LMT) is a Strong Momentum Stock
• Neutral Sentiment: Coverage in Barron’s and mainstream business outlets is lifting visibility for the sector — supports interest but increases correlation with peers. Lockheed, RTX, Other Defense Stocks Gain. Watch This Trump-Backed Drone Company.
• Negative Sentiment: Coverage noting LMT’s rapid run (up ~43.6% in three months) flags risk: program losses, elevated debt and valuation concerns could prompt profit‑taking or slower multiple expansion for new buyers. LMT Stock Surges 43.6% in 3 Month: Time to Hold or Book Profits?
• Negative Sentiment: Remember the recent quarterly EPS miss and high debt/ program‑loss history cited by analysts — these fundamentals temper how much multiple expansion the market will allow and likely explain today’s modest pullback.

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.