Midwest Trust Co Has $27.24 Million Stock Position in Lockheed Martin Corporation $LMT

Midwest Trust Co lowered its stake in Lockheed Martin Corporation (NYSE:LMT) by 9.2% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 45,067 shares of the aerospace company’s stock after selling 4,542 shares during the quarter. Midwest Trust Co’s holdings in Lockheed Martin were worth $27,238,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Fifth Third Bancorp boosted its stake in Lockheed Martin by 87.7% in the 1st quarter. Fifth Third Bancorp now owns 134,849 shares of the aerospace company’s stock worth $81,501,000 after purchasing an additional 63,022 shares during the period. Glass Wealth Management Co LLC raised its stake in shares of Lockheed Martin by 1.0% in the 1st quarter. Glass Wealth Management Co LLC now owns 9,709 shares of the aerospace company’s stock valued at $5,868,000 after purchasing an additional 96 shares during the period. Markel Group Inc. raised its stake in shares of Lockheed Martin by 1.1% in the 1st quarter. Markel Group Inc. now owns 65,213 shares of the aerospace company’s stock valued at $39,414,000 after purchasing an additional 700 shares during the period. Sachetta LLC lifted its holdings in shares of Lockheed Martin by 39.2% in the first quarter. Sachetta LLC now owns 103 shares of the aerospace company’s stock valued at $62,000 after purchasing an additional 29 shares in the last quarter. Finally, WealthShield Partners LLC lifted its holdings in shares of Lockheed Martin by 9.2% in the first quarter. WealthShield Partners LLC now owns 4,363 shares of the aerospace company’s stock valued at $2,637,000 after purchasing an additional 369 shares in the last quarter. Institutional investors and hedge funds own 74.19% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently issued reports on the company. Jefferies Financial Group set a $575.00 price objective on Lockheed Martin in a report on Thursday, June 25th. TD Cowen cut their target price on Lockheed Martin from $670.00 to $600.00 and set a “hold” rating on the stock in a research note on Friday, April 24th. Deutsche Bank Aktiengesellschaft reduced their price target on Lockheed Martin from $615.00 to $575.00 and set a “hold” rating for the company in a research report on Friday, April 24th. Weiss Ratings cut shares of Lockheed Martin from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday, June 9th. Finally, UBS Group lowered their price objective on shares of Lockheed Martin from $683.00 to $538.00 in a report on Tuesday, June 30th. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $609.68.

Lockheed Martin Stock Up 0.9%

Shares of Lockheed Martin stock traded up $4.80 during trading hours on Friday, reaching $523.06. 662,167 shares of the company’s stock were exchanged, compared to its average volume of 1,280,062. The stock has a market cap of $120.60 billion, a P/E ratio of 25.33, a P/E/G ratio of 0.94 and a beta of 0.11. The company has a 50 day moving average of $521.71 and a two-hundred day moving average of $570.46. The company has a current ratio of 1.14, a quick ratio of 0.94 and a debt-to-equity ratio of 2.74. Lockheed Martin Corporation has a fifty-two week low of $410.11 and a fifty-two week high of $692.00.

Lockheed Martin (NYSE:LMT) last released its earnings results on Thursday, April 23rd. The aerospace company reported $6.44 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $6.79 by ($0.35). Lockheed Martin had a net margin of 6.38% and a return on equity of 101.64%. The company had revenue of $18.02 billion during the quarter, compared to analyst estimates of $18.38 billion. During the same period in the prior year, the firm posted $7.28 EPS. Lockheed Martin’s revenue was up .3% compared to the same quarter last year. Lockheed Martin has set its FY 2026 guidance at 29.350-30.250 EPS. On average, sell-side analysts forecast that Lockheed Martin Corporation will post 29.94 EPS for the current fiscal year.

Lockheed Martin Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Monday, June 1st were given a dividend of $3.45 per share. The ex-dividend date of this dividend was Monday, June 1st. This represents a $13.80 annualized dividend and a dividend yield of 2.6%. Lockheed Martin’s payout ratio is 66.83%.

Lockheed Martin News Summary

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

• Positive Sentiment: Several reports argue that Lockheed Martin looks attractive on a value basis versus peer Howmet Aerospace, highlighting LMT as a potentially stronger choice for value investors. LMT or HWM: Which Is the Better Value Stock Right Now?
• Positive Sentiment: Commentary around the proposed 2027 defense budget suggests the bull case for Lockheed Martin remains compelling, reinforcing expectations for steady government demand. Lockheed Martin: The Proposed 2027 Defense Budget Makes The Bull Case Hard To Ignore
• Positive Sentiment: MarketBeat noted Lockheed Martin’s large backlog and new Defense Department contracts as evidence of a strong defense “moat,” which supports revenue visibility. Lockheed Martin Secures the Ultimate Defense Moat
• Positive Sentiment: Goldman Sachs won a $70 billion retirement-asset mandate from Lockheed Martin, a sign of ongoing corporate financial activity that may be viewed positively by investors. Goldman Sachs wins $70 billion in asset management deals with Verizon, Lockheed Martin
• Neutral Sentiment: One article simply frames LMT as a “strong value stock” based on Zacks’ style scores, but it does not add a major new catalyst. Here’s Why Lockheed Martin (LMT) is a Strong Value Stock
• Neutral Sentiment: Coverage about a defense investor’s view on the future of warfare is broadly supportive of the sector, but it does not specifically point to a direct move in Lockheed Martin. Defense Investor: 300 Companies Could Define the Future of Warfare
• Negative Sentiment: Recent coverage also points to Q1 2026 margin compression and a need to watch the upcoming earnings report, which may be limiting enthusiasm. Lockheed Martin Secures the Ultimate Defense Moat
• Negative Sentiment: Separately, LMT was recently noted as having a more significant dip than the broader market, reflecting some short-term weakness before today’s rebound. Lockheed Martin (LMT) Sees a More Significant Dip Than Broader Market: Some Facts to Know

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.