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

Fayez Sarofim & Co reduced its stake in Lockheed Martin Corporation (NYSE:LMT) by 4.5% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund 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.

Other large investors also recently modified their holdings of the company. Old North State Wealth Management LLC boosted its holdings in shares of Lockheed Martin by 2.0% during the 3rd quarter. Old North State Wealth Management LLC now owns 1,073 shares of the aerospace company’s stock worth $539,000 after buying an additional 21 shares during the period. GS Investments Inc. grew its stake in Lockheed Martin by 1.0% in the 3rd quarter. GS Investments Inc. now owns 2,231 shares of the aerospace company’s stock valued at $1,114,000 after buying an additional 22 shares during the last quarter. Barnes Wealth Management Group Inc raised its holdings in Lockheed Martin by 4.2% in the 2nd quarter. Barnes Wealth Management Group Inc now owns 567 shares of the aerospace company’s stock valued at $263,000 after acquiring an additional 23 shares during the period. Collective Family Office LLC raised its holdings in Lockheed Martin by 4.6% in the 3rd quarter. Collective Family Office LLC now owns 527 shares of the aerospace company’s stock valued at $263,000 after acquiring an additional 23 shares during the period. Finally, Financial Partners Group Inc lifted its position in Lockheed Martin by 4.3% during the third quarter. Financial Partners Group Inc now owns 555 shares of the aerospace company’s stock worth $277,000 after acquiring an additional 23 shares during the last quarter. 74.19% of the stock is owned by institutional investors.

Lockheed Martin Stock Down 1.0%

Shares of LMT opened at $646.24 on Monday. Lockheed Martin Corporation has a 12 month low of $410.11 and a 12 month high of $692.00. The firm’s 50 day moving average is $616.53 and its 200-day moving average is $525.80. The stock has a market capitalization of $148.69 billion, a PE ratio of 30.07, a P/E/G ratio of 1.16 and a beta of 0.22. The company has a current ratio of 1.09, a quick ratio of 0.94 and a debt-to-equity ratio of 3.05.

Lockheed Martin (NYSE:LMT) last issued its quarterly earnings results on Thursday, January 29th. The aerospace company reported $5.80 earnings per share (EPS) for the quarter, missing the consensus estimate of $6.33 by ($0.53). The company had revenue of $20.32 billion during the quarter, compared to the consensus estimate of $19.84 billion. Lockheed Martin had a net margin of 6.69% and a return on equity of 108.53%. The company’s quarterly revenue was up 9.1% on a year-over-year basis. During the same quarter last year, the firm posted $7.67 earnings per share. Equities research analysts forecast that Lockheed Martin Corporation will post 27.15 EPS for the current year.

Lockheed Martin Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, March 27th. Stockholders of record on Monday, March 2nd will be given 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 is Monday, March 2nd. Lockheed Martin’s dividend payout ratio is presently 64.22%.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on LMT. Argus boosted their price objective on Lockheed Martin from $530.00 to $735.00 and gave the stock a “buy” rating in a report on Friday, March 6th. Royal Bank Of Canada increased their target price on Lockheed Martin from $615.00 to $650.00 and gave the stock a “sector perform” rating in a research note on Friday, January 30th. Citigroup lifted their price target on Lockheed Martin from $592.00 to $673.00 and gave the stock a “neutral” rating in a report on Thursday, February 5th. Truist Financial boosted their price target on Lockheed Martin from $605.00 to $695.00 and gave the company a “buy” rating in a research note on Friday, January 30th. Finally, Deutsche Bank Aktiengesellschaft increased their price objective on Lockheed Martin from $492.00 to $611.00 and gave the stock a “hold” rating in a research report on Friday, January 30th. Six research analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Lockheed Martin has an average rating of “Hold” and an average price target of $618.95.

Lockheed Martin News Summary

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.

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.