8,761 Lockheed Martin Corporation $LMT Shares Sold by Courier Capital LLC

Courier Capital LLC cut its holdings in shares of Lockheed Martin Corporation (NYSE:LMT) by 64.9% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 4,742 shares of the aerospace company’s stock after selling 8,761 shares during the quarter. Courier Capital LLC’s holdings in Lockheed Martin were worth $2,415,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of LMT. State Street Corp boosted its stake in shares of Lockheed Martin by 1.3% during the 2nd quarter. State Street Corp now owns 32,975,170 shares of the aerospace company’s stock valued at $16,799,530,000 after buying an additional 419,582 shares during the period. BlackRock Inc. acquired a new position in shares of Lockheed Martin in the second quarter worth $9,617,574,000. Corient Private Wealth LP purchased a new stake in shares of Lockheed Martin during the second quarter worth $101,960,000. Bank of New York Mellon Corp purchased a new stake in shares of Lockheed Martin during the second quarter worth $645,258,000. Finally, Legal & General Group Plc purchased a new stake in shares of Lockheed Martin during the second quarter worth $497,469,000. Hedge funds and other institutional investors own 74.19% of the company’s stock.

More Lockheed Martin News

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

• Positive Sentiment: Lockheed Martin and Italy’s Avio agreed to cooperate on expanding U.S. solid rocket motor production. Following qualification, initial manufacturing will support the Extended Range GMLRS and Precision Strike Missile programs, strengthening supply-chain resilience and potentially supporting future defense revenue. Lockheed Martin and Avio Announce Strategic Cooperation Agreement for Solid Rocket Motor Production
• Positive Sentiment: The company unveiled PAC-3 Edge, a next-generation interceptor designed for hypersonic and advanced missile threats. The launch reinforces Lockheed Martin’s position in air and missile defense and targets the U.S. Army’s Future Interceptor program. Lockheed Martin Debuts PAC 3 Edge Interceptor
• Positive Sentiment: Analysts highlighted approximately $114 million in GPS modernization awards and growing demand for secure satellite-navigation systems as potential catalysts for Lockheed Martin’s space business. Can GPS Modernization Strengthen Lockheed Martin’s Growth Outlook?
• Positive Sentiment: Lockheed Martin raised its quarterly dividend 4.3% to $3.60 per share, or $14.40 annually, providing an approximately 2.8% yield and signaling continued commitment to shareholder returns.
• Neutral Sentiment: Sikorsky introduced a containerized drone-deployment system, adding another capability to Lockheed Martin’s defense portfolio, although the immediate financial impact was not disclosed. Sikorsky Unveils Containerized Drone Deployment System
• Neutral Sentiment: Barclays initiated coverage with an “Equal Weight” rating, indicating limited near-term upside conviction. Lockheed Martin Stock Rated Equal Weight by Barclays
• Negative Sentiment: Investors remain concerned that Anduril’s lower-cost Steelfin interceptor could challenge Lockheed Martin’s Patriot and THAAD businesses, increasing competitive pressure in missile defense. Lockheed Martin Stock at Risk as Anduril Builds Cheaper Patriot THAAD Alternative

Lockheed Martin Stock Performance

Shares of NYSE LMT traded down $8.16 during trading hours on Tuesday, hitting $503.72. 859,379 shares of the company’s stock were exchanged, compared to its average volume of 1,440,934. The company’s 50-day moving average price is $546.39 and its 200-day moving average price is $545.96. Lockheed Martin Corporation has a 1-year low of $437.25 and a 1-year high of $692.00. The stock has a market capitalization of $116.25 billion, a price-to-earnings ratio of 18.57, a PEG ratio of 1.11 and a beta of 0.09. The company has a debt-to-equity ratio of 2.34, a current ratio of 1.19 and a quick ratio of 1.01.

Lockheed Martin (NYSE:LMT) last released its earnings results on Thursday, July 23rd. The aerospace company reported $7.94 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $7.22 by $0.72. Lockheed Martin had a return on equity of 91.42% and a net margin of 8.16%. The firm had revenue of $20.06 billion for the quarter, compared to analyst estimates of $19.34 billion. During the same quarter last year, the firm posted $1.46 EPS. The company’s revenue was up 10.5% on a year-over-year basis. Lockheed Martin has set its FY 2026 guidance at 29.950-30.650 EPS. On average, sell-side analysts expect that Lockheed Martin Corporation will post 30.44 earnings per share for the current fiscal year.

Lockheed Martin Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 31st. Investors of record on Tuesday, December 1st will be paid a $3.60 dividend. The ex-dividend date is Tuesday, December 1st. This is a boost from Lockheed Martin’s previous quarterly dividend of $3.45. This represents a $14.40 annualized dividend and a dividend yield of 2.9%. Lockheed Martin’s dividend payout ratio is 50.87%.

Wall Street Analyst Weigh In

LMT has been the subject of a number of research reports. Royal Bank Of Canada lifted their price objective on Lockheed Martin from $575.00 to $600.00 and gave the company a “sector perform” rating in a research report on Friday, July 24th. Morgan Stanley upped their target price on Lockheed Martin from $653.00 to $690.00 and gave the stock an “equal weight” rating in a research report on Friday, July 24th. Wells Fargo & Company set a $600.00 price target on Lockheed Martin in a research note on Monday, July 27th. Citigroup lifted their price target on Lockheed Martin from $641.00 to $691.00 and gave the company a “buy” rating in a report on Thursday, August 13th. Finally, Barclays began coverage on Lockheed Martin in a research note on Friday. They issued an “equal weight” rating and a $554.00 price target for the company. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $634.50.

Lockheed Martin Profile

Lockheed Martin Corporation is a global aerospace, defense and technology company headquartered in Bethesda, Maryland. The company develops and produces advanced systems for government and commercial customers, with the U.S. Department of Defense and other U.S. government agencies representing its primary customers.

Its principal activities include the design and manufacture of military aircraft, missiles, air and missile defense systems, radar and sensor technologies, naval and rotary-wing systems, satellites, space exploration systems, and cybersecurity and information technology solutions.