Quadrant Capital Group LLC Decreases Stake in Lockheed Martin Corporation $LMT

Quadrant Capital Group LLC decreased its holdings in Lockheed Martin Corporation (NYSE:LMT) by 23.1% in the third quarter, Holdings Channel reports. The fund owned 4,037 shares of the aerospace company’s stock after selling 1,213 shares during the period. Quadrant Capital Group LLC’s holdings in Lockheed Martin were worth $2,015,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Barnes Dennig Private Wealth Management LLC increased its position in Lockheed Martin by 285.7% during the third 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 during the last quarter. Grey Fox Wealth Advisors LLC acquired a new stake in shares of Lockheed Martin during the 3rd quarter worth about $27,000. Twin Peaks Wealth Advisors LLC acquired a new position in Lockheed Martin in the second quarter valued at about $29,000. Pilgrim Partners Asia Pte Ltd purchased a new position in Lockheed Martin during the third quarter worth about $35,000. Finally, MTM Investment Management LLC purchased a new stake in shares of Lockheed Martin in the 2nd quarter valued at approximately $36,000. Hedge funds and other institutional investors own 74.19% of the company’s stock.

Analysts Set New Price Targets

LMT has been the subject of several research analyst reports. Wall Street Zen lowered Lockheed Martin from a “strong-buy” rating to a “buy” rating in a research report on Sunday, February 8th. Weiss Ratings downgraded shares of Lockheed Martin from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, March 6th. Deutsche Bank Aktiengesellschaft boosted their price target 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. BNP Paribas Exane upped their price target on Lockheed Martin from $550.00 to $570.00 and gave the stock an “outperform” rating in a report on Thursday, January 8th. Finally, Truist Financial raised their target price on shares of Lockheed Martin from $605.00 to $695.00 and gave the company a “buy” rating in a report on Friday, January 30th. Six analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Lockheed Martin presently has an average rating of “Hold” and an average price target of $618.95.

Lockheed Martin Price Performance

Shares of NYSE LMT opened at $649.28 on Thursday. The company has a market cap of $149.39 billion, a PE ratio of 30.21, a P/E/G ratio of 1.17 and a beta of 0.22. Lockheed Martin Corporation has a 1-year low of $410.11 and a 1-year high of $692.00. The stock has a fifty day moving average price of $610.16 and a 200 day moving average price of $522.53. 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 (NYSE:LMT) last announced 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). Lockheed Martin had a net margin of 6.69% and a return on equity of 108.53%. The company had revenue of $20.32 billion during the quarter, compared to analyst estimates of $19.84 billion. During the same quarter last year, the business earned $7.67 EPS. The firm’s revenue for the quarter was up 9.1% on a year-over-year basis. Sell-side analysts forecast that Lockheed Martin Corporation will post 27.15 EPS for the current year.

Lockheed Martin Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 27th. Stockholders of record on Monday, March 2nd will be given a $3.45 dividend. This represents a $13.80 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date of this dividend is Monday, March 2nd. Lockheed Martin’s payout ratio is currently 64.22%.

Lockheed Martin News Roundup

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

• Positive Sentiment: Large contract wins and program awards — Lockheed reported multiple contract awards that expand near-term backlog and cash flow, including recent U.S. defense contracts worth roughly $761 million. Lockheed Martin wins $761 million in U.S. defense contracts
• Positive Sentiment: Munitions production ramp — Management is working with U.S. partners to substantially increase munitions output (expanded facilities and higher lines) to meet demand from the Middle East, which should boost revenues and near-term government orders. Lockheed Martin Ramps Munitions Output
• Positive Sentiment: Sikorsky autonomy and new product pipeline — Sikorsky (a Lockheed business) and Robinson unveiled the autonomous R66 TURBINETRUCK for cargo/resupply missions; product launches and S-92A+ production increases strengthen growth optionality in rotary platforms. Sikorsky Collaborates with Robinson – R66 TURBINETRUCK Benzinga: Sikorsky, Robinson launch autonomous cargo helicopter
• Positive Sentiment: S-92A+ output and contract renewals — Sikorsky is expanding output and operators are renewing support contracts, supporting aftermarket and recurring revenue. Sikorsky advances S-92A+ output, renewals
• Neutral Sentiment: Sector inflows could help over time — analysts note defense ETFs are attracting flows as conflict-driven budgets rise, which can support longer-term demand for prime contractors like LMT. Why This Defense ETF Could Keep Rallying
• Neutral Sentiment: Supply-chain and supplier awards — A metals supplier won large govt contracts including programs that will supply aluminum plate across Lockheed platforms; could improve parts availability but also reflect procurement complexity. Reliance AMI Metals awarded contracts (mentions Lockheed platforms)
• Negative Sentiment: Sector weakness / sentiment headwinds — Coverage notes that despite geopolitical tensions, defense stocks recently haven’t rallied broadly; macro and political factors (e.g., uncertainty about escalation) are keeping valuations under pressure. Barron’s: Defense Stocks Are Down
• Negative Sentiment: Valuation/expectations concerns — Some analysts argue much of Lockheed’s near-term upside is already priced in, limiting upside if execution or order timing slips. Seeking Alpha: The Upside Is Already Priced In

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.