Asset Planning Services Inc. LA ADV Sells 1,113 Shares of Lockheed Martin Corporation $LMT

Asset Planning Services Inc. LA ADV lessened its position in shares of Lockheed Martin Corporation (NYSE:LMT) by 7.0% in the fourth quarter, HoldingsChannel.com reports. The firm owned 14,837 shares of the aerospace company’s stock after selling 1,113 shares during the quarter. Lockheed Martin accounts for approximately 3.2% of Asset Planning Services Inc. LA ADV’s portfolio, making the stock its 12th biggest holding. Asset Planning Services Inc. LA ADV’s holdings in Lockheed Martin were worth $7,176,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in LMT. Carnegie Investment Counsel grew its stake in shares of Lockheed Martin by 11.4% during the 3rd quarter. Carnegie Investment Counsel now owns 29,639 shares of the aerospace company’s stock worth $14,796,000 after purchasing an additional 3,031 shares during the period. VCI Wealth Management LLC purchased a new position in shares of Lockheed Martin in the 3rd quarter valued at about $3,075,000. DAVENPORT & Co LLC lifted its stake in shares of Lockheed Martin by 22.4% in the third quarter. DAVENPORT & Co LLC now owns 25,423 shares of the aerospace company’s stock valued at $12,688,000 after purchasing an additional 4,652 shares during the period. Farther Finance Advisors LLC boosted its holdings in Lockheed Martin by 29.2% during the third quarter. Farther Finance Advisors LLC now owns 10,036 shares of the aerospace company’s stock worth $5,010,000 after buying an additional 2,270 shares in the last quarter. Finally, Oppenheimer & Co. Inc. boosted its holdings in Lockheed Martin by 9.3% during the third quarter. Oppenheimer & Co. Inc. now owns 39,410 shares of the aerospace company’s stock worth $19,674,000 after buying an additional 3,352 shares in the last quarter. Institutional investors own 74.19% of the company’s stock.

Key Lockheed Martin News

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

• Positive Sentiment: Lockheed-built Orion spacecraft launched on NASA’s Artemis II, spotlighting LMT’s space execution, program revenue prospects and ongoing prime-contractor role on high‑visibility missions. Lockheed Martin-built Orion Spacecraft Sends Astronauts Moonward
• Positive Sentiment: The Pentagon disclosed a multi-year framework that includes Boeing and Lockheed, reinforcing expectations for sustained defense spending and multi-year revenue visibility for major primes. Boeing Gains 5%, Lockheed Martin Up 2%
• Positive Sentiment: Analysts and industry reports say LMT is expanding missile production—adding facilities and supply‑chain upgrades to meet rising global demand—supporting upside to its missiles & fire‑control segment. Is Lockheed Martin Expanding Its Missile Production Capacity?
• Positive Sentiment: Zacks highlights LMT as a strong value stock under its style scores, which can attract value-oriented investors given the company’s dividend, cash flows and P/E profile. Here’s Why Lockheed Martin (LMT) is a Strong Value Stock
• Positive Sentiment: Suppliers like Redwire confirmed components and sensors on Orion via contracts with Lockheed, validating supply‑chain activity tied to LMT’s space programs. Redwire Cameras And Sensors Put At Center Of Artemis II Story
• Neutral Sentiment: Citigroup raised its price target on LMT to $675 but kept a “neutral” rating — a modest indicator of upside from current levels but not a buy call. Citigroup Adjusts Price Target on Lockheed Martin
• Neutral Sentiment: Wells Fargo initiated coverage / set an equal‑weight (hold) rating with a ~$650 target — signals institutional interest but not a bullish upgrade. Lockheed Martin Coverage Initiated by Analysts at Wells Fargo & Company
• Neutral Sentiment: Lockheed announced the Q1 2026 earnings webcast date (April 23), a routine event that could move the stock depending on guidance and results. Lockheed Martin Announces First-Quarter 2026 Earnings Results Webcast
• Negative Sentiment: Political noise — coverage noting President Trump’s comments about NATO and defense policy — raises policy uncertainty that can create short‑term volatility for defense contractors including LMT. Trump Toys With NATO Exit: Defense Stocks In The Crosshairs

Analyst Ratings Changes

A number of equities research analysts recently weighed in on LMT shares. Jefferies Financial Group upped their price target on Lockheed Martin from $540.00 to $630.00 and gave the stock a “hold” rating in a report on Sunday, February 1st. UBS Group lifted their price objective on Lockheed Martin from $580.00 to $663.00 and gave the stock a “neutral” rating in a report on Monday, February 2nd. TD Cowen boosted their target price on Lockheed Martin from $600.00 to $670.00 and gave the stock a “hold” rating in a research report on Friday, January 30th. Royal Bank Of Canada upped their target price on Lockheed Martin from $615.00 to $650.00 and gave the company a “sector perform” rating in a report on Friday, January 30th. Finally, Truist Financial lifted their price target on Lockheed Martin from $605.00 to $695.00 and gave the stock a “buy” rating in a research note on Friday, January 30th. Seven research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $634.74.

Lockheed Martin Stock Up 0.9%

Shares of NYSE LMT opened at $623.03 on Friday. The firm has a market cap of $143.58 billion, a P/E ratio of 28.99, a price-to-earnings-growth ratio of 1.11 and a beta of 0.23. The company has a debt-to-equity ratio of 3.05, a quick ratio of 0.94 and a current ratio of 1.09. Lockheed Martin Corporation has a 1 year low of $410.11 and a 1 year high of $692.00. The firm’s 50 day moving average price is $635.57 and its 200 day moving average price is $540.80.

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

Lockheed Martin Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Monday, March 2nd were issued a dividend of $3.45 per share. The ex-dividend date was Monday, March 2nd. This represents a $13.80 annualized dividend and a dividend yield of 2.2%. Lockheed Martin’s payout ratio is presently 64.22%.

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.