Jefferies Financial Group Inc. Decreases Position in Lockheed Martin Corporation $LMT

Jefferies Financial Group Inc. decreased its position in Lockheed Martin Corporation (NYSE:LMT) by 74.0% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 2,928 shares of the aerospace company’s stock after selling 8,316 shares during the period. Jefferies Financial Group Inc.’s holdings in Lockheed Martin were worth $1,462,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Prevail Innovative Wealth Advisors LLC raised its position in Lockheed Martin by 63.7% during the third quarter. Prevail Innovative Wealth Advisors LLC now owns 3,691 shares of the aerospace company’s stock worth $1,843,000 after acquiring an additional 1,436 shares during the last quarter. Longview Financial Advisors Inc. acquired a new stake in shares of Lockheed Martin in the third quarter valued at approximately $213,000. Powell Investment Advisors LLC increased its stake in shares of Lockheed Martin by 161.5% during the 3rd quarter. Powell Investment Advisors LLC now owns 1,927 shares of the aerospace company’s stock worth $962,000 after purchasing an additional 1,190 shares in the last quarter. Natixis Advisors LLC raised its position in shares of Lockheed Martin by 24.0% during the 3rd quarter. Natixis Advisors LLC now owns 127,856 shares of the aerospace company’s stock worth $63,827,000 after purchasing an additional 24,731 shares during the last quarter. Finally, Grantham Mayo Van Otterloo & Co. LLC raised its position in shares of Lockheed Martin by 5.6% during the 3rd quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 2,731 shares of the aerospace company’s stock worth $1,363,000 after purchasing an additional 146 shares during the last quarter. Institutional investors and hedge funds own 74.19% of the company’s stock.

Key Headlines Impacting Lockheed Martin

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

• Positive Sentiment: Large contract wins and program awards — Lockheed reported multiple contract awards that expand near-term backlog and cash flow, including recent U.S. defense contracts worth roughly $761 million. Lockheed Martin wins $761 million in U.S. defense contracts
• Positive Sentiment: Munitions production ramp — Management is working with U.S. partners to substantially increase munitions output (expanded facilities and higher lines) to meet demand from the Middle East, which should boost revenues and near-term government orders. Lockheed Martin Ramps Munitions Output
• Positive Sentiment: Sikorsky autonomy and new product pipeline — Sikorsky (a Lockheed business) and Robinson unveiled the autonomous R66 TURBINETRUCK for cargo/resupply missions; product launches and S-92A+ production increases strengthen growth optionality in rotary platforms. Sikorsky Collaborates with Robinson – R66 TURBINETRUCK Benzinga: Sikorsky, Robinson launch autonomous cargo helicopter
• Positive Sentiment: S-92A+ output and contract renewals — Sikorsky is expanding output and operators are renewing support contracts, supporting aftermarket and recurring revenue. Sikorsky advances S-92A+ output, renewals
• Neutral Sentiment: Sector inflows could help over time — analysts note defense ETFs are attracting flows as conflict-driven budgets rise, which can support longer-term demand for prime contractors like LMT. Why This Defense ETF Could Keep Rallying
• Neutral Sentiment: Supply-chain and supplier awards — A metals supplier won large govt contracts including programs that will supply aluminum plate across Lockheed platforms; could improve parts availability but also reflect procurement complexity. Reliance AMI Metals awarded contracts (mentions Lockheed platforms)
• Negative Sentiment: Sector weakness / sentiment headwinds — Coverage notes that despite geopolitical tensions, defense stocks recently haven’t rallied broadly; macro and political factors (e.g., uncertainty about escalation) are keeping valuations under pressure. Barron’s: Defense Stocks Are Down
• Negative Sentiment: Valuation/expectations concerns — Some analysts argue much of Lockheed’s near-term upside is already priced in, limiting upside if execution or order timing slips. Seeking Alpha: The Upside Is Already Priced In

Analysts Set New Price Targets

A number of equities research analysts have commented on the company. DZ Bank cut Lockheed Martin from a “buy” rating to a “hold” rating and set a $665.00 target price on the stock. in a report on Tuesday, February 3rd. Robert W. Baird boosted their price target on Lockheed Martin from $550.00 to $640.00 and gave the stock an “outperform” rating in a report on Friday, January 16th. Truist Financial upped their price objective on Lockheed Martin from $605.00 to $695.00 and gave the company a “buy” rating in a research report on Friday, January 30th. TD Cowen increased their price objective on Lockheed Martin from $600.00 to $670.00 and gave the company a “hold” rating in a research note on Friday, January 30th. Finally, Citigroup lifted their price objective on Lockheed Martin from $592.00 to $673.00 and gave the stock a “neutral” rating in a research report on Thursday, February 5th. Six equities research analysts have rated the stock with a Buy rating, fifteen have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Lockheed Martin currently has a consensus rating of “Hold” and a consensus price target of $618.95.

Lockheed Martin Stock Performance

Shares of NYSE:LMT opened at $649.28 on Thursday. The firm has a market capitalization of $149.39 billion, a PE ratio of 30.21, a P/E/G ratio of 1.17 and a beta of 0.22. The company has a debt-to-equity ratio of 3.05, a current ratio of 1.09 and a quick ratio of 0.94. The business has a 50-day moving average of $610.16 and a two-hundred day moving average of $522.53. Lockheed Martin Corporation has a 12 month low of $410.11 and a 12 month high of $692.00.

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

Lockheed Martin Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 27th. Shareholders of record on Monday, March 2nd will be given a dividend of $3.45 per share. This represents a $13.80 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date of this dividend is Monday, March 2nd. Lockheed Martin’s payout ratio is 64.22%.

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.