Perigon Wealth Management LLC Has $9.21 Million Holdings in Lockheed Martin Corporation $LMT

Perigon Wealth Management LLC raised its stake in shares of Lockheed Martin Corporation (NYSE:LMT) by 6.7% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 19,040 shares of the aerospace company’s stock after purchasing an additional 1,190 shares during the period. Perigon Wealth Management LLC’s holdings in Lockheed Martin were worth $9,209,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Carnegie Investment Counsel boosted its holdings in Lockheed Martin by 11.4% during the 3rd quarter. Carnegie Investment Counsel now owns 29,639 shares of the aerospace company’s stock worth $14,796,000 after acquiring an additional 3,031 shares during the last quarter. VCI Wealth Management LLC purchased a new stake in shares of Lockheed Martin in the third quarter valued at about $3,075,000. DAVENPORT & Co LLC lifted its position in shares of Lockheed Martin by 22.4% during the third quarter. DAVENPORT & Co LLC now owns 25,423 shares of the aerospace company’s stock valued at $12,688,000 after purchasing an additional 4,652 shares in the last quarter. Farther Finance Advisors LLC lifted its position in shares of Lockheed Martin by 29.2% during the third quarter. Farther Finance Advisors LLC now owns 10,036 shares of the aerospace company’s stock valued at $5,010,000 after purchasing an additional 2,270 shares in the last quarter. Finally, Oppenheimer & Co. Inc. boosted its holdings in Lockheed Martin by 9.3% during the third quarter. Oppenheimer & Co. Inc. now owns 39,410 shares of the aerospace company’s stock worth $19,674,000 after purchasing an additional 3,352 shares during the last quarter. 74.19% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of brokerages have issued reports on LMT. UBS Group upped their price objective on shares of Lockheed Martin from $580.00 to $663.00 and gave the stock a “neutral” rating in a research report on Monday, February 2nd. Wall Street Zen cut shares of Lockheed Martin from a “strong-buy” rating to a “buy” rating in a research report on Sunday, March 22nd. DZ Bank downgraded Lockheed Martin from a “buy” rating to a “hold” rating and set a $665.00 target price on the stock. in a research note on Tuesday, February 3rd. Truist Financial upped their target price on Lockheed Martin from $605.00 to $695.00 and gave the company a “buy” rating in a report on Friday, January 30th. Finally, Susquehanna increased their price target on Lockheed Martin from $725.00 to $740.00 and gave the company a “positive” rating in a research report on Wednesday, March 18th. Seven investment analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Lockheed Martin currently has an average rating of “Hold” and a consensus price target of $634.74.

Lockheed Martin Stock Up 0.9%

LMT stock opened at $623.03 on Friday. The stock has a fifty day moving average of $635.57 and a 200-day moving average of $540.80. 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 market capitalization of $143.58 billion, a price-to-earnings ratio of 28.99, a PEG ratio of 1.11 and a beta of 0.23. The company has a debt-to-equity ratio of 3.05, a quick ratio of 0.94 and a current ratio of 1.09.

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

Lockheed Martin Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, March 27th. Stockholders of record on Monday, March 2nd were given a $3.45 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This represents a $13.80 annualized dividend and a dividend yield of 2.2%. Lockheed Martin’s payout ratio is 64.22%.

Trending Headlines about Lockheed Martin

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

• Positive Sentiment: Lockheed-built Orion spacecraft launched on NASA’s Artemis II, spotlighting LMT’s space execution, program revenue prospects and ongoing prime-contractor role on high‑visibility missions. Lockheed Martin-built Orion Spacecraft Sends Astronauts Moonward
• Positive Sentiment: The Pentagon disclosed a multi-year framework that includes Boeing and Lockheed, reinforcing expectations for sustained defense spending and multi-year revenue visibility for major primes. Boeing Gains 5%, Lockheed Martin Up 2%
• Positive Sentiment: Analysts and industry reports say LMT is expanding missile production—adding facilities and supply‑chain upgrades to meet rising global demand—supporting upside to its missiles & fire‑control segment. Is Lockheed Martin Expanding Its Missile Production Capacity?
• Positive Sentiment: Zacks highlights LMT as a strong value stock under its style scores, which can attract value-oriented investors given the company’s dividend, cash flows and P/E profile. Here’s Why Lockheed Martin (LMT) is a Strong Value Stock
• Positive Sentiment: Suppliers like Redwire confirmed components and sensors on Orion via contracts with Lockheed, validating supply‑chain activity tied to LMT’s space programs. Redwire Cameras And Sensors Put At Center Of Artemis II Story
• Neutral Sentiment: Citigroup raised its price target on LMT to $675 but kept a “neutral” rating — a modest indicator of upside from current levels but not a buy call. Citigroup Adjusts Price Target on Lockheed Martin
• Neutral Sentiment: Wells Fargo initiated coverage / set an equal‑weight (hold) rating with a ~$650 target — signals institutional interest but not a bullish upgrade. Lockheed Martin Coverage Initiated by Analysts at Wells Fargo & Company
• Neutral Sentiment: Lockheed announced the Q1 2026 earnings webcast date (April 23), a routine event that could move the stock depending on guidance and results. Lockheed Martin Announces First-Quarter 2026 Earnings Results Webcast
• Negative Sentiment: Political noise — coverage noting President Trump’s comments about NATO and defense policy — raises policy uncertainty that can create short‑term volatility for defense contractors including LMT. Trump Toys With NATO Exit: Defense Stocks In The Crosshairs

Lockheed Martin Company 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.