Apella Capital LLC Increases Stock Holdings in Lockheed Martin Corporation $LMT

Apella Capital LLC increased its stake in shares of Lockheed Martin Corporation (NYSE:LMT) by 180.9% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,674 shares of the aerospace company’s stock after buying an additional 3,654 shares during the quarter. Apella Capital LLC’s holdings in Lockheed Martin were worth $3,360,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in the company. Charles Schwab Investment Management Inc. lifted its position in shares of Lockheed Martin by 1.3% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 8,638,936 shares of the aerospace company’s stock worth $4,178,399,000 after buying an additional 114,900 shares in the last quarter. Morgan Stanley grew its position in shares of Lockheed Martin by 10.1% during the 4th quarter. Morgan Stanley now owns 5,728,551 shares of the aerospace company’s stock valued at $2,770,729,000 after acquiring an additional 527,523 shares during the period. Wellington Management Group LLP grew its position in shares of Lockheed Martin by 3.4% during the 3rd quarter. Wellington Management Group LLP now owns 2,384,753 shares of the aerospace company’s stock valued at $1,190,493,000 after acquiring an additional 79,491 shares during the period. Invesco Ltd. increased its stake in shares of Lockheed Martin by 4.2% during the 3rd quarter. Invesco Ltd. now owns 2,196,058 shares of the aerospace company’s stock worth $1,096,294,000 after purchasing an additional 87,663 shares during the last quarter. Finally, Franklin Resources Inc. increased its stake in shares of Lockheed Martin by 0.6% during the 4th quarter. Franklin Resources Inc. now owns 1,670,284 shares of the aerospace company’s stock worth $807,866,000 after purchasing an additional 10,349 shares during the last quarter. 74.19% of the stock is owned by institutional investors.

Lockheed Martin Trading Up 2.5%

Shares of LMT opened at $503.73 on Friday. Lockheed Martin Corporation has a 1-year low of $410.11 and a 1-year high of $692.00. The company has a market capitalization of $116.14 billion, a P/E ratio of 24.39, a P/E/G ratio of 0.89 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. The firm’s 50 day simple moving average is $528.27 and its 200 day simple moving average is $567.18.

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

Lockheed Martin Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, June 26th. Shareholders of record on Monday, June 1st will be paid a dividend of $3.45 per share. The ex-dividend date of this dividend is Monday, June 1st. This represents a $13.80 annualized dividend and a yield of 2.7%. Lockheed Martin’s payout ratio is 66.83%.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on LMT. Deutsche Bank Aktiengesellschaft reduced their price objective on Lockheed Martin from $615.00 to $575.00 and set a “hold” rating for the company in a report on Friday, April 24th. Sanford C. Bernstein restated a “market perform” rating on shares of Lockheed Martin in a research note on Friday, May 29th. Jefferies Financial Group set a $575.00 price target on shares of Lockheed Martin in a research note on Thursday. Wells Fargo & Company initiated coverage on shares of Lockheed Martin in a report on Wednesday, April 1st. They issued an “equal weight” rating and a $650.00 price objective for the company. Finally, JPMorgan Chase & Co. reduced their target price on Lockheed Martin from $680.00 to $605.00 and set a “neutral” rating for the company in a report on Tuesday, May 5th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Lockheed Martin currently has a consensus rating of “Hold” and an average target price of $619.63.

Key Lockheed Martin News

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

• Positive Sentiment: Lockheed Martin won a seven-year U.S. government contract worth up to $35 billion to quadruple production of THAAD interceptor missiles, a huge boost to long-term revenue visibility and earnings potential. 35 Billion THAAD Seven-Year Procurement Award Propels Acceleration of Critical Missile Defense Interceptor Production
• Positive Sentiment: Analysts said the THAAD award, combined with a separate ramp-up in Patriot missile production, should lift sales growth in Lockheed’s missiles division and support higher EPS. Lockheed Martin’s U.S. Missile Contracts to Boost Earnings Per Share
• Positive Sentiment: Defense stocks gained attention after President Trump met with Lockheed and other defense CEOs as the White House pushed for faster weapons production and asked Congress for additional war-related supplemental funding. White House order shifts focus back to defense stocks
• Positive Sentiment: Commentary from investment outlets and analysts highlighted Lockheed as a durable dividend and recession-resistant defense name, reinforcing the bullish case for the stock. Why Lockheed Martin Stock Just Popped
• Neutral Sentiment: Lockheed Martin was also named as a potential participant in SpaceX’s military space-laser project and a Space Force orbital defense program, which adds optionality but is not yet a confirmed earnings driver. Rocket Lab, Lockheed Martin among the partners in SpaceX’s military space-laser project
• Negative Sentiment: Some articles noted recent weakness in the shares and tied it to broader market volatility, but the new contract news appears to be overriding that pressure today. Lockheed Martin Stock Is Down 6% in 2 Days. Here’s What Investors Need to Know

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.