Brandywine Global Investment Management LLC Lowers Holdings in Lockheed Martin Corporation $LMT

Brandywine Global Investment Management LLC lowered its position in Lockheed Martin Corporation (NYSE:LMT) by 0.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 225,122 shares of the aerospace company’s stock after selling 1,940 shares during the quarter. Lockheed Martin makes up about 0.7% of Brandywine Global Investment Management LLC’s portfolio, making the stock its 28th biggest position. Brandywine Global Investment Management LLC’s holdings in Lockheed Martin were worth $108,885,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of LMT. Sanders Capital LLC purchased a new stake in shares of Lockheed Martin in the 3rd quarter worth $252,699,000. First Trust Advisors LP lifted its stake in Lockheed Martin by 286.1% in the third quarter. First Trust Advisors LP now owns 503,428 shares of the aerospace company’s stock worth $251,316,000 after acquiring an additional 373,027 shares during the period. Canoe Financial LP purchased a new stake in Lockheed Martin in the fourth quarter worth about $166,403,000. SG Americas Securities LLC grew its holdings in Lockheed Martin by 7,309.8% during the 4th quarter. SG Americas Securities LLC now owns 262,233 shares of the aerospace company’s stock worth $126,834,000 after acquiring an additional 258,694 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in Lockheed Martin by 41.3% during the 3rd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 808,409 shares of the aerospace company’s stock worth $403,534,000 after acquiring an additional 236,137 shares in the last quarter. 74.19% of the stock is currently owned by hedge funds and other institutional investors.

Lockheed Martin Trading Up 0.1%

Shares of NYSE:LMT opened at $524.13 on Monday. The business’s 50-day moving average is $556.10 and its 200 day moving average is $560.80. Lockheed Martin Corporation has a 1 year low of $410.11 and a 1 year high of $692.00. The firm has a market capitalization of $120.85 billion, a P/E ratio of 25.38, a P/E/G ratio of 0.95 and a beta of 0.10. The company has a debt-to-equity ratio of 2.74, a current ratio of 1.14 and a quick ratio of 0.94.

Lockheed Martin (NYSE:LMT) last issued its quarterly earnings results on Thursday, April 23rd. The aerospace company reported $6.44 earnings per share for the quarter, missing the consensus estimate of $6.79 by ($0.35). Lockheed Martin had a return on equity of 101.64% and a net margin of 6.38%.The business had revenue of $18.02 billion during the quarter, compared to analyst estimates of $18.38 billion. During the same period in the prior year, the business posted $7.28 EPS. Lockheed Martin’s revenue was up .3% compared to the same quarter last year. Lockheed Martin has set its FY 2026 guidance at 29.350-30.250 EPS. On average, research analysts predict that Lockheed Martin Corporation will post 29.88 earnings per share for the current fiscal year.

Lockheed Martin Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, June 26th. Investors of record on Monday, June 1st will be paid a $3.45 dividend. The ex-dividend date is Monday, June 1st. This represents a $13.80 dividend on an annualized basis and a yield of 2.6%. Lockheed Martin’s dividend payout ratio (DPR) is 66.83%.

Analysts Set New Price Targets

LMT has been the subject of several recent research reports. Morgan Stanley reduced their price target on shares of Lockheed Martin from $675.00 to $653.00 and set an “equal weight” rating for the company in a report on Friday, April 24th. DZ Bank upgraded shares of Lockheed Martin from a “hold” rating to a “strong-buy” rating in a research note on Thursday, April 30th. Deutsche Bank Aktiengesellschaft cut their price objective on shares of Lockheed Martin from $615.00 to $575.00 and set a “hold” rating on the stock in a report on Friday, April 24th. Wall Street Zen lowered Lockheed Martin from a “buy” rating to a “hold” rating in a report on Saturday, April 25th. Finally, JPMorgan Chase & Co. dropped their target price on Lockheed Martin from $680.00 to $605.00 and set a “neutral” rating on the stock in a research report on Tuesday, May 5th. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $620.68.

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.