S.E.E.D. Planning Group LLC Cuts Position in Lockheed Martin Corporation $LMT

S.E.E.D. Planning Group LLC lowered its stake in shares of Lockheed Martin Corporation (NYSE:LMT) by 6.7% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 16,233 shares of the aerospace company’s stock after selling 1,161 shares during the period. Lockheed Martin comprises about 1.9% of S.E.E.D. Planning Group LLC’s holdings, making the stock its 20th largest position. S.E.E.D. Planning Group LLC’s holdings in Lockheed Martin were worth $8,267,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of LMT. BlackRock Inc. bought a new stake in Lockheed Martin during the 2nd quarter valued at approximately $9,617,574,000. Corient Private Wealth LP bought a new position in shares of Lockheed Martin in the 2nd quarter worth approximately $101,960,000. Bank of New York Mellon Corp bought a new position in shares of Lockheed Martin in the 2nd quarter worth approximately $645,258,000. Legal & General Group Plc purchased a new position in shares of Lockheed Martin in the 2nd quarter valued at approximately $497,469,000. Finally, Diamant Asset Management Inc. lifted its stake in shares of Lockheed Martin by 60,339.0% in the 1st quarter. Diamant Asset Management Inc. now owns 879,387 shares of the aerospace company’s stock valued at $531,493,000 after purchasing an additional 877,932 shares during the period. 74.19% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on LMT shares. Weiss Ratings cut Lockheed Martin from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Thursday, September 24th. UBS Group raised Lockheed Martin from a “neutral” rating to a “buy” rating and raised their price objective for the company from $581.00 to $674.00 in a research report on Tuesday, September 8th. Citigroup upped their target price on shares of Lockheed Martin from $641.00 to $691.00 and gave the stock a “buy” rating in a research report on Thursday, August 13th. Jefferies Financial Group reiterated a “hold” rating on shares of Lockheed Martin in a research note on Wednesday, September 2nd. Finally, Wells Fargo & Company set a $600.00 price target on shares of Lockheed Martin in a research report on Monday, July 27th. Two research analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $638.21.

Lockheed Martin Stock Down 1.4%

LMT stock traded down $7.10 on Wednesday, reaching $503.02. 428,072 shares of the company traded hands, compared to its average volume of 1,448,353. The firm has a fifty day simple moving average of $552.10 and a 200-day simple moving average of $549.20. The company has a market cap of $116.09 billion, a P/E ratio of 18.54, a price-to-earnings-growth ratio of 1.10 and a beta of 0.09. Lockheed Martin Corporation has a one year low of $437.25 and a one year high of $692.00. 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 EPS for the quarter, topping the consensus estimate of $7.22 by $0.72. Lockheed Martin had a return on equity of 91.42% and a net margin of 8.16%.The business had revenue of $20.06 billion for the quarter, compared to the consensus estimate of $19.34 billion. During the same period in the previous year, the company posted $1.46 earnings per share. The company’s revenue for the quarter was up 10.5% compared to the same quarter last year. Lockheed Martin has set its FY 2026 guidance at 29.950-30.650 EPS. Research analysts anticipate that Lockheed Martin Corporation will post 30.44 earnings per share for the current year.

Lockheed Martin Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, September 25th. Investors of record on Tuesday, September 1st were paid a $3.45 dividend. The ex-dividend date was Tuesday, September 1st. This represents a $13.80 dividend on an annualized basis and a yield of 2.7%. Lockheed Martin’s payout ratio is presently 50.87%.

More Lockheed Martin News

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

• Positive Sentiment: Rothschild & Co Redburn upgraded Lockheed Martin to “strong-buy,” providing a notable endorsement after the stock’s recent pullback. Rothschild & Co Redburn Upgrades Lockheed Martin to Strong-Buy
• Positive Sentiment: The company received a $245 million modification for a second Infrared Search and Track Block II order, adding to its near-term backlog and supporting demand for advanced Navy sensor systems. Lockheed Martin Nabs $245 Million Modification for Second IRST Block II Order
• Positive Sentiment: Lockheed Martin secured a $209 million Navy electronic-warfare contract modification, with options that could raise the total value to $1.71 billion. The award improves revenue visibility as fleet modernization increases demand for electronic-warfare capabilities. Can Electronic Warfare Demand Boost Lockheed Martin’s Growth?
• Positive Sentiment: Boeing received a seven-year, $14.7 billion contract from Lockheed Martin to accelerate PAC-3 MSE seeker production to three times current output. The agreement signals strong missile-defense demand and could help Lockheed address expanding interceptor requirements. Boeing Receives Seven-Year Contract to Accelerate PAC-3 MSE Seeker Output
• Positive Sentiment: The first flight of Morocco’s F-16 Block 72 marks progress on an international fighter program, while rapid delivery of components from GM Defense supports PAC-3 MSE production execution.
• Neutral Sentiment: Analysts are previewing third-quarter results favorably and highlighting LMT as a potential buy after its pullback, but earnings remain an upcoming catalyst rather than a reported result. Lockheed Martin Q3 Earnings Preview
• Negative Sentiment: Despite the contract momentum, Lockheed Martin has underperformed the S&P 500 and remains roughly 26% below its 52-week high, indicating continued investor concerns about execution, valuation, or growth expectations.

About Lockheed Martin

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.