Fayez Sarofim & Co Sells 871 Shares of Lockheed Martin Corporation $LMT

Fayez Sarofim & Co trimmed its position in shares of Lockheed Martin Corporation (NYSE:LMT) by 4.5% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 18,590 shares of the aerospace company’s stock after selling 871 shares during the period. Fayez Sarofim & Co’s holdings in Lockheed Martin were worth $9,280,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the company. Flow Traders U.S. LLC acquired a new position in shares of Lockheed Martin in the 3rd quarter valued at approximately $520,000. Focus Partners Wealth boosted its position in shares of Lockheed Martin by 17.7% during the 3rd quarter. Focus Partners Wealth now owns 132,390 shares of the aerospace company’s stock worth $66,087,000 after acquiring an additional 19,903 shares in the last quarter. Destination Wealth Management boosted its position in shares of Lockheed Martin by 2.1% during the 3rd quarter. Destination Wealth Management now owns 17,326 shares of the aerospace company’s stock worth $8,649,000 after acquiring an additional 354 shares in the last quarter. Elevation Point Wealth Partners LLC increased its stake in Lockheed Martin by 42.1% in the third quarter. Elevation Point Wealth Partners LLC now owns 3,434 shares of the aerospace company’s stock valued at $1,714,000 after acquiring an additional 1,018 shares during the last quarter. Finally, EagleClaw Capital Managment LLC raised its position in Lockheed Martin by 3.0% during the third quarter. EagleClaw Capital Managment LLC now owns 14,567 shares of the aerospace company’s stock valued at $7,272,000 after purchasing an additional 423 shares in the last quarter. 74.19% of the stock is owned by institutional investors.

Key Lockheed Martin News

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

• Positive Sentiment: Lockheed is expanding F‑35 capabilities with new weapons, data‑sharing and production wins, supporting longer‑term aircraft revenue and backlog growth. Is LMT Expanding F-35 Capabilities to Strengthen Air Dominance?
• Positive Sentiment: Lockheed won a role providing an anti‑jamming payload for Japan’s next‑generation defense satellite communications program—an international program that should add program revenue and deepen strategic ties. Lockheed Martin Corporation (LMT) To Provide Anti-Jamming Payload For Japan’s Next-Generation Defense Satellite Communication System
• Positive Sentiment: Analysts and coverage note a defense demand tailwind—ramping munitions and system production globally—which supports multi‑year revenue visibility for primes like Lockheed. Lockheed Martin And RTX Stock: Rising Pillars Of Modern Defense
• Positive Sentiment: Firefly Aerospace’s Alpha Flight 7 successfully reached orbit and delivered a Lockheed payload—a technical validation and positive PR for Lockheed’s space customers and partners (though the immediate financial impact to Lockheed is likely limited). Firefly Aerospace Successfully Launches Alpha Flight 7
• Neutral Sentiment: Roth Capital and other coverage are focusing on Firefly’s momentum after the Alpha flight; that attention can buoy aerospace sentiment but mainly benefits smaller launch suppliers rather than big primes directly. Roth ‘encouraged’ by FireFly’s successful Alpha flight
• Neutral Sentiment: Market commentary and retrospectives (including long‑term performance pieces) reinforce Lockheed’s defensive, dividend‑paying profile—useful context but unlikely to move the stock near‑term. $1000 Invested In Lockheed Martin 20 Years Ago Would Be Worth This Much Today
• Negative Sentiment: Lockheed’s most recent quarterly report showed an EPS miss vs. estimates (and year‑over‑year EPS decline), which keeps some traders cautious on near‑term earnings momentum despite revenue growth. (This remains a primary driver of short‑term volatility.)
• Negative Sentiment: Valuation and balance‑sheet factors (premium P/E, elevated debt‑to‑equity) leave less room for disappointment vs. peers; with investors rotating into higher‑beta space and launch names, Lockheed can see short‑term selling pressure.

Lockheed Martin Stock Down 1.0%

Shares of NYSE:LMT opened at $646.24 on Monday. The company has a fifty day moving average of $616.53 and a 200-day moving average of $525.80. The company has a market capitalization of $148.69 billion, a PE ratio of 30.07, a price-to-earnings-growth ratio of 1.16 and a beta of 0.22. The company has a debt-to-equity ratio of 3.05, a quick ratio of 0.94 and a current ratio of 1.09. Lockheed Martin Corporation has a 52-week low of $410.11 and a 52-week high of $692.00.

Lockheed Martin (NYSE:LMT) last released its quarterly earnings data on Thursday, January 29th. The aerospace company reported $5.80 earnings per share for the quarter, missing the consensus estimate of $6.33 by ($0.53). The firm had revenue of $20.32 billion for the quarter, compared to analyst estimates of $19.84 billion. Lockheed Martin had a net margin of 6.69% and a return on equity of 108.53%. The company’s revenue was up 9.1% compared to the same quarter last year. During the same period last year, the business earned $7.67 EPS. On average, equities analysts predict that Lockheed Martin Corporation will post 27.15 EPS for the current fiscal year.

Lockheed Martin Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, March 27th. Stockholders of record on Monday, March 2nd will be paid a dividend of $3.45 per share. 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 dividend payout ratio (DPR) is presently 64.22%.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on LMT shares. Robert W. Baird raised their target price on Lockheed Martin from $550.00 to $640.00 and gave the company an “outperform” rating in a report on Friday, January 16th. Morgan Stanley set a $675.00 price objective on Lockheed Martin in a research report on Wednesday, February 4th. Wall Street Zen raised Lockheed Martin from a “buy” rating to a “strong-buy” rating in a research note on Saturday. Weiss Ratings cut Lockheed Martin from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, March 6th. Finally, JPMorgan Chase & Co. boosted their target price on Lockheed Martin from $515.00 to $680.00 and gave the stock a “neutral” rating in a research note on Friday, January 30th. Six equities research analysts have rated the stock with a Buy rating, fifteen have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $618.95.

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.