EverSource Wealth Advisors LLC Purchases 1,685 Shares of Lockheed Martin Corporation $LMT

EverSource Wealth Advisors LLC lifted its position in shares of Lockheed Martin Corporation (NYSE:LMT) by 51.0% during the 1st quarter, Holdings Channel.com reports. The firm owned 4,988 shares of the aerospace company’s stock after purchasing an additional 1,685 shares during the quarter. EverSource Wealth Advisors LLC’s holdings in Lockheed Martin were worth $3,015,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of LMT. Basso Capital Management L.P. acquired a new stake in Lockheed Martin during the fourth quarter worth $25,000. United Financial Planning Group LLC bought a new position in shares of Lockheed Martin during the 3rd quarter worth about $25,000. Clarity Asset Management Inc. bought a new position in shares of Lockheed Martin during the 4th quarter worth about $26,000. Triumph Capital Management boosted its position in shares of Lockheed Martin by 66.7% during the 4th quarter. Triumph Capital Management now owns 55 shares of the aerospace company’s stock valued at $26,000 after acquiring an additional 22 shares in the last quarter. Finally, Bard Associates Inc. acquired a new stake in shares of Lockheed Martin during the 4th quarter valued at about $27,000. 74.19% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have commented on the stock. Weiss Ratings cut shares of Lockheed Martin from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday, July 17th. Deutsche Bank Aktiengesellschaft lowered their price objective on Lockheed Martin from $615.00 to $575.00 and set a “hold” rating on the stock in a research note on Friday, April 24th. BNP Paribas Exane cut their target price on Lockheed Martin from $770.00 to $680.00 and set an “outperform” rating for the company in a research report on Friday, April 24th. Sanford C. Bernstein reaffirmed a “market perform” rating on shares of Lockheed Martin in a research note on Friday, May 29th. Finally, Susquehanna lowered their price target on Lockheed Martin from $740.00 to $700.00 and set a “positive” rating on the stock in a research report on Friday, April 24th. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Lockheed Martin has an average rating of “Hold” and a consensus price target of $626.33.

Lockheed Martin Stock Down 1.9%

Shares of LMT opened at $570.21 on Thursday. The company has a market capitalization of $131.60 billion, a P/E ratio of 21.02, a PEG ratio of 1.00 and a beta of 0.11. Lockheed Martin Corporation has a one year low of $412.55 and a one year high of $692.00. The business’s 50 day simple moving average is $526.88 and its 200-day simple moving average is $575.01. 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 issued its quarterly earnings data on Thursday, July 23rd. The aerospace company reported $7.94 earnings per share (EPS) for the quarter, beating the consensus estimate of $7.22 by $0.72. The firm had revenue of $20.06 billion during the quarter, compared to the consensus estimate of $19.34 billion. Lockheed Martin had a return on equity of 91.42% and a net margin of 8.16%.The business’s revenue for the quarter was up 10.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.46 EPS. Lockheed Martin has set its FY 2026 guidance at 29.950-30.650 EPS. As a group, sell-side analysts predict that Lockheed Martin Corporation will post 30.28 EPS for the current fiscal year.

Lockheed Martin Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, September 25th. Investors of record on Tuesday, September 1st will be given a dividend of $3.45 per share. The ex-dividend date is Tuesday, September 1st. This represents a $13.80 annualized dividend and a yield of 2.4%. Lockheed Martin’s dividend payout ratio is 50.87%.

Lockheed Martin News Summary

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

• Positive Sentiment: The U.S. government awarded Lockheed Martin a seven-year contract worth up to $58.62 billion for PAC-3 Missile Segment Enhancement interceptor production. The award is the largest Patriot missile deal to date and should significantly expand Lockheed’s backlog, manufacturing visibility and future cash-flow potential as global conflicts deplete missile inventories. Department of War Awards Lockheed Martin $58.62B for Multiyear PAC-3 MSE Production
• Positive Sentiment: The Patriot award reinforces the company’s missile growth outlook, alongside demand for PAC-3, THAAD and PrSM systems. Recent coverage highlighted record backlog of approximately $230 billion, recovering free cash flow of $2.9 billion and strong Missile and Fire Control segment growth. Lockheed Martin: Missiles Make Valuation Attractive Again
• Positive Sentiment: Lockheed also showcased the MORFIUS X-Rotor counter-drone system, which uses high-power microwave energy to disable drone swarms. The technology could benefit from military demand for lower-cost defenses against increasingly common unmanned threats. Tech Weekly: Tesla under strain, Lockheed innovates drone fighter
• Neutral Sentiment: The contract is an undefinitized contract action and is stated as “up to” $58.62 billion, so the final value, timing and profitability may differ from the headline amount. Investors may also be awaiting details on production capacity and margins.
• Negative Sentiment: The stock’s decline suggests some investors may be taking profits or remaining cautious about valuation and execution, even after strong quarterly results and raised full-year earnings guidance. The award is strategically positive, but much of the missile-growth outlook may already be reflected in the share price.

Lockheed Martin 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.