AdvisorNet Financial Inc Trims Holdings in Lockheed Martin Corporation $LMT

AdvisorNet Financial Inc decreased its position in shares of Lockheed Martin Corporation (NYSE:LMT) by 41.3% in the first quarter, HoldingsChannel reports. The firm owned 4,805 shares of the aerospace company’s stock after selling 3,378 shares during the quarter. AdvisorNet Financial Inc’s holdings in Lockheed Martin were worth $2,904,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently bought and sold shares of the company. United Financial Planning Group LLC purchased a new position in Lockheed Martin during the 3rd quarter worth approximately $25,000. Basso Capital Management L.P. purchased a new stake in shares of Lockheed Martin in the 4th quarter valued at $25,000. Clarity Asset Management Inc. purchased a new stake in shares of Lockheed Martin in the 4th quarter valued at $26,000. TD Capital Management LLC increased its stake in shares of Lockheed Martin by 450.0% in the fourth quarter. TD Capital Management LLC now owns 55 shares of the aerospace company’s stock worth $27,000 after acquiring an additional 45 shares during the period. Finally, Triumph Capital Management increased its stake in shares of Lockheed Martin by 66.7% in the fourth quarter. Triumph Capital Management now owns 55 shares of the aerospace company’s stock worth $26,000 after acquiring an additional 22 shares during the period. Hedge funds and other institutional investors own 74.19% of the company’s stock.

Lockheed Martin Trading Up 2.1%

Shares of Lockheed Martin stock opened at $504.11 on Wednesday. The firm has a 50-day simple moving average of $532.98 and a two-hundred day simple moving average of $566.50. The company has a market cap of $116.23 billion, a P/E ratio of 24.41, a price-to-earnings-growth ratio of 0.89 and a beta of 0.10. Lockheed Martin Corporation has a fifty-two week low of $410.11 and a fifty-two week high of $692.00. The company has a debt-to-equity ratio of 2.74, a quick ratio of 0.94 and a current ratio of 1.14.

Lockheed Martin (NYSE:LMT) last posted its 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 net margin of 6.38% and a return on equity of 101.64%. The business had revenue of $18.02 billion for the quarter, compared to analyst estimates of $18.38 billion. During the same quarter last year, the business earned $7.28 earnings per share. Lockheed Martin’s revenue was up .3% on a year-over-year basis. Lockheed Martin has set its FY 2026 guidance at 29.350-30.250 EPS. As a group, equities analysts predict that Lockheed Martin Corporation will post 29.88 earnings per share for the current fiscal year.

Lockheed Martin Dividend Announcement

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

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the stock. Argus boosted their target price on shares of Lockheed Martin from $530.00 to $735.00 and gave the company a “buy” rating in a research report on Friday, March 6th. Sanford C. Bernstein reaffirmed a “market perform” rating on shares of Lockheed Martin in a research report on Friday, May 29th. TD Cowen reduced their price objective on Lockheed Martin from $670.00 to $600.00 and set a “hold” rating for the company in a research note on Friday, April 24th. Royal Bank Of Canada decreased their price objective on Lockheed Martin from $650.00 to $575.00 and set a “sector perform” rating for the company in a report on Friday, April 24th. Finally, Weiss Ratings downgraded Lockheed Martin from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday, June 9th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $620.68.

Lockheed Martin News Summary

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

• Positive Sentiment: Lockheed Martin announced a collaboration with Ondas’ Sentrycs to integrate cyber-over-RF counter-drone technology into its Sanctum C-UAS platform, which could strengthen LMT’s position in the growing defense and anti-drone market. Article link
• Positive Sentiment: Investor attention remains elevated around Lockheed Martin, suggesting the stock is on traders’ radar as defense spending and contract opportunities continue to support the broader sector. Article link
• Neutral Sentiment: Lockheed Martin teamed with European companies on a NATO simulation competition, reinforcing its international defense ties and technology presence, but this looks more like a strategic branding/development update than an immediate earnings catalyst. Article link
• Neutral Sentiment: Commentary from The Motley Fool argues the recent decline may create value for long-term investors, but it does not point to a near-term business change. Article link
• Negative Sentiment: LMT shares have been falling recently, with articles citing pressure tied to the war in Iran and a broader pullback in defense sentiment, which may be weighing on the stock today. Article link

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.