Boston Trust Walden Corp Lowers Stake in Lockheed Martin Corporation $LMT

Boston Trust Walden Corp lessened its stake in shares of Lockheed Martin Corporation (NYSE:LMT) by 73.3% during the 1st quarter, Holdings Channel reports. The fund owned 8,885 shares of the aerospace company’s stock after selling 24,452 shares during the period. Boston Trust Walden Corp’s holdings in Lockheed Martin were worth $5,370,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in LMT. Keybank National Association OH grew its holdings in Lockheed Martin by 13.3% in the first quarter. Keybank National Association OH now owns 30,972 shares of the aerospace company’s stock worth $18,719,000 after purchasing an additional 3,630 shares during the last quarter. Mitchell & Pahl Private Wealth LLC lifted its holdings in shares of Lockheed Martin by 6.1% during the 1st quarter. Mitchell & Pahl Private Wealth LLC now owns 1,741 shares of the aerospace company’s stock valued at $1,052,000 after purchasing an additional 100 shares during the last quarter. Royal Harbor Partners LLC purchased a new stake in shares of Lockheed Martin during the 1st quarter valued at $219,000. Physician Wealth Advisors Inc. boosted its position in shares of Lockheed Martin by 90.5% in the 1st quarter. Physician Wealth Advisors Inc. now owns 80 shares of the aerospace company’s stock worth $48,000 after purchasing an additional 38 shares in the last quarter. Finally, TSG Advice Partners LLC acquired a new stake in shares of Lockheed Martin in the 1st quarter worth $256,000. 74.19% of the stock is owned by institutional investors.

Lockheed Martin News Roundup

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

• Positive Sentiment: Lockheed Martin is reportedly close to winning the race for Ultra Maritime, a naval defense specialist, in a deal that could value the business at roughly $3.5 billion and may be announced as soon as next week. Lockheed Closes In on $3.5 Billion Ultra Maritime Deal
• Positive Sentiment: Lockheed continues to benefit from major defense contract wins, including a large THAAD interceptor production award and a Sentinel A4 radar contract, which support revenue visibility and underscore strong demand for missile-defense systems. Why Lockheed Martin (LMT) Is Up 6.1% After Massive Missile-Defense Contracts And Index Shift
• Neutral Sentiment: Analysts are looking ahead to Lockheed Martin’s Q2 earnings report on July 23, with expectations calling for a slight decline in earnings, so investors may stay cautious until results are released. What to Expect From Lockheed Martin’s Next Quarterly Earnings Report
• Negative Sentiment: Some commentary remains focused on Lockheed’s recent uneven quarter, with program charges and weaker cash flow still seen as a risk even after the stock’s rebound. General Dynamics Vs. Lockheed Martin: Buy General Dynamics for Deep Marine Backlogs

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on the company. Susquehanna dropped their target price on Lockheed Martin from $740.00 to $700.00 and set a “positive” rating on the stock in a research note on Friday, April 24th. Citigroup upgraded Lockheed Martin from a “neutral” rating to a “buy” rating and increased their price target for the company from $571.00 to $582.00 in a research note on Wednesday. Morgan Stanley lowered their price target on Lockheed Martin from $675.00 to $653.00 and set an “equal weight” 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. Finally, DZ Bank upgraded shares of Lockheed Martin from a “hold” rating to a “strong-buy” rating in a report on Thursday, April 30th. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, twelve have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, Lockheed Martin currently has an average rating of “Hold” and an average price target of $613.63.

Lockheed Martin Price Performance

NYSE LMT opened at $544.75 on Friday. 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 stock’s fifty day moving average price is $520.46 and its 200 day moving average price is $568.63. Lockheed Martin Corporation has a 1 year low of $410.11 and a 1 year high of $692.00. The company has a market cap of $125.60 billion, a price-to-earnings ratio of 26.38, a PEG ratio of 0.99 and a beta of 0.11.

Lockheed Martin (NYSE:LMT) last issued its earnings results on Thursday, April 23rd. The aerospace company reported $6.44 earnings per share (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 firm had revenue of $18.02 billion during the quarter, compared to analysts’ expectations of $18.38 billion. During the same quarter last year, the business earned $7.28 EPS. The business’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 research analysts forecast that Lockheed Martin Corporation will post 29.88 earnings per share for the current year.

Lockheed Martin Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Monday, June 1st were paid a $3.45 dividend. This represents a $13.80 annualized dividend and a dividend yield of 2.5%. The ex-dividend date was Monday, June 1st. Lockheed Martin’s dividend payout ratio (DPR) is presently 66.83%.

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.