Empirical Financial Services LLC d.b.a. Empirical Wealth Management Has $1.28 Million Holdings in Lockheed Martin Corporation $LMT

Empirical Financial Services LLC d.b.a. Empirical Wealth Management lessened its position in Lockheed Martin Corporation (NYSE:LMT) by 78.7% in the 3rd quarter, Holdings Channel reports. The fund owned 2,566 shares of the aerospace company’s stock after selling 9,485 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management’s holdings in Lockheed Martin were worth $1,281,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Barnes Dennig Private Wealth Management LLC boosted its position in shares of Lockheed Martin by 285.7% in the third quarter. Barnes Dennig Private Wealth Management LLC now owns 54 shares of the aerospace company’s stock worth $27,000 after buying an additional 40 shares during the period. Grey Fox Wealth Advisors LLC acquired a new position in Lockheed Martin during the third quarter valued at $27,000. Twin Peaks Wealth Advisors LLC purchased a new stake in Lockheed Martin in the 2nd quarter worth about $29,000. Pilgrim Partners Asia Pte Ltd acquired a new stake in Lockheed Martin during the 3rd quarter worth about $35,000. Finally, Physician Wealth Advisors Inc. grew its stake in Lockheed Martin by 61.7% during the 3rd quarter. Physician Wealth Advisors Inc. now owns 76 shares of the aerospace company’s stock valued at $38,000 after acquiring an additional 29 shares in the last quarter. 74.19% of the stock is currently owned by hedge funds and other institutional investors.

Trending Headlines about Lockheed Martin

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

• Positive Sentiment: Reports that Germany was weighing buying more F‑35 jets drove an initial rally by suggesting a material follow‑on order and revenue upside for Lockheed’s F‑35 program. Germany weighs buying more Lockheed F‑35 fighter jets – Reuters
• Positive Sentiment: Market commentary and early movers noted LMT shares rising as headlines circulated that Germany might expand its F‑35 purchase, a near‑term demand catalyst for production and backlog. Lockheed Martin Stock (LMT) Rises as Germany Eyes More F‑35 Fighter Jets – TipRanks
• Positive Sentiment: Coverage noting Germany’s approval/interest in the F‑35 helped investor sentiment and trading momentum earlier in the session. Why Lockheed Martin Stock Took Off Today – The Motley Fool
• Positive Sentiment: Lockheed secured a contract to upgrade/transform C‑130J aircrew training with Australia, adding modest near‑term revenue and reinforcing defense‑services growth beyond fighter production. Lockheed Martin Partners With Australia To Transform C‑130J Aircrew Training – Benzinga
• Positive Sentiment: Longer‑term thematic coverage (Artemis/lunar economy) highlights structural aerospace tailwinds that support multi‑year growth narratives for Lockheed and peers. Fly Me To The Moon – TalkMarkets
• Neutral Sentiment: Zacks analysis positioning LMT as a momentum name underscores favorable style scores and may attract style‑focused flows, but it’s not an immediate earnings or contract catalyst. Why Lockheed Martin (LMT) is a Top Momentum Stock for the Long‑Term – Zacks
• Neutral Sentiment: A separate Zacks piece arguing LMT is a strong value stock provides supporting analyst context for buy‑and‑hold investors but doesn’t change near‑term order risk. Here’s Why Lockheed Martin (LMT) is a Strong Value Stock – Zacks
• Negative Sentiment: Germany’s government later denied reports that it has made political decisions or concrete plans to order additional F‑35 aircraft, removing the primary near‑term upside catalyst and pressuring the stock. Germany Denies Report of Additional F‑35 Orders Beyond 35 Aircraft – Yahoo Finance

Lockheed Martin Trading Down 1.3%

Shares of NYSE:LMT opened at $658.10 on Monday. The company has a current ratio of 1.09, a quick ratio of 0.94 and a debt-to-equity ratio of 3.05. The stock has a market capitalization of $151.42 billion, a PE ratio of 30.62, a P/E/G ratio of 1.19 and a beta of 0.23. Lockheed Martin Corporation has a 1 year low of $410.11 and a 1 year high of $669.75. The firm has a fifty day moving average price of $563.88 and a 200 day moving average price of $502.82.

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

Lockheed Martin Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, March 27th. Shareholders of record on Monday, March 2nd will be given a dividend of $3.45 per share. The ex-dividend date of this dividend is Monday, March 2nd. This represents a $13.80 dividend on an annualized basis and a yield of 2.1%. Lockheed Martin’s dividend payout ratio is presently 64.22%.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on LMT shares. Sanford C. Bernstein reissued a “market perform” rating and issued a $654.00 price target on shares of Lockheed Martin in a research report on Friday, February 6th. DZ Bank lowered shares of Lockheed Martin from a “buy” rating to a “hold” rating and set a $665.00 price objective on the stock. in a research note on Tuesday, February 3rd. Morgan Stanley set a $675.00 target price on shares of Lockheed Martin in a research note on Wednesday, February 4th. Citigroup boosted their price target on shares of Lockheed Martin from $592.00 to $673.00 and gave the company a “neutral” rating in a report on Thursday, February 5th. Finally, Robert W. Baird increased their price objective on Lockheed Martin from $550.00 to $640.00 and gave the stock an “outperform” rating in a report on Friday, January 16th. Six investment analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $612.50.

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.