Kerusso Capital Management LLC Purchases 1,567 Shares of Lockheed Martin Corporation $LMT

Kerusso Capital Management LLC raised its position in Lockheed Martin Corporation (NYSE:LMT) by 31.5% during the fourth quarter, Holdings Channel reports. The fund owned 6,548 shares of the aerospace company’s stock after acquiring an additional 1,567 shares during the period. Kerusso Capital Management LLC’s holdings in Lockheed Martin were worth $3,167,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of LMT. United Financial Planning Group LLC purchased a new stake in Lockheed Martin in the third quarter worth about $25,000. Barnes Dennig Private Wealth Management LLC increased its position in Lockheed Martin by 285.7% in the third quarter. Barnes Dennig Private Wealth Management LLC now owns 54 shares of the aerospace company’s stock worth $27,000 after buying an additional 40 shares in the last quarter. Grey Fox Wealth Advisors LLC purchased a new stake in Lockheed Martin in the third quarter worth about $27,000. Beacon Financial Strategies CORP purchased a new stake in Lockheed Martin in the fourth quarter worth about $34,000. Finally, Pilgrim Partners Asia Pte Ltd purchased a new stake in Lockheed Martin in the third quarter worth about $35,000. Institutional investors own 74.19% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have commented on LMT shares. TD Cowen upped their price target on Lockheed Martin from $600.00 to $670.00 and gave the stock a “hold” rating in a research report on Friday, January 30th. Wall Street Zen cut Lockheed Martin from a “strong-buy” rating to a “buy” rating in a research report on Sunday, March 22nd. Jefferies Financial Group upped their price target on Lockheed Martin from $630.00 to $640.00 and gave the stock a “hold” rating in a research report on Tuesday, April 7th. Truist Financial upped their price target on Lockheed Martin from $605.00 to $695.00 and gave the stock a “buy” rating in a research report on Friday, January 30th. Finally, Susquehanna upped their price target on Lockheed Martin from $725.00 to $740.00 and gave the stock a “positive” rating in a research report on Wednesday, March 18th. Seven research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $646.16.

Key Lockheed Martin News

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

• Positive Sentiment: Peru agreed to buy 12 F‑16 Block 70 fighters, a near‑term contract win that supports backlog and international sales momentum. Peru Selects Lockheed F-16 Block 70 (PR Newswire)
• Positive Sentiment: Sanford C. Bernstein raised its price target to $661 (from $654), signaling some analyst optimism about upside despite a conservative rating—this can provide technical/psychological support. Price Target Raised to $661 (AmericanBankingNews)
• Positive Sentiment: Industry commentary highlights surging global defense budgets and a strong missile/munitions agenda—structural tailwinds that favor Lockheed’s product mix and long backlog. Defense Spending Is Surging (247wallst)
• Neutral Sentiment: Management reaffirmed FY2026 guidance (EPS $29.350–30.250; revenue ~$77.5B–$80.0B), which keeps the long‑term growth story intact but the EPS/revenue ranges sit near or slightly below consensus—mixed signal for near‑term sentiment. Q1 Press Release / Guidance (Lockheed PR)
• Negative Sentiment: Q1 results missed expectations: EPS $6.44 vs. estimates ~ $6.79 and revenue $18.02B vs. ~$18.38B—this earnings miss triggered selling pressure. Lockheed Falls on Earnings (Yahoo)
• Negative Sentiment: Free cash flow swung negative (~$(291)M) and costs on fixed‑price contracts plus production delays (F‑16, C‑130 programs) pressured margins and cash generation—key near‑term liquidity and execution risks. Lower Profit, Delays Weigh (Reuters)
• Negative Sentiment: Market reaction: shares slipped after the miss and reports of negative cash flow and execution issues, reflecting investor concern about near‑term operational execution despite strong demand. Shares Slide After Q1 Miss (Blockonomi)

Lockheed Martin Stock Performance

NYSE:LMT opened at $530.27 on Friday. The company has a current ratio of 1.09, a quick ratio of 0.94 and a debt-to-equity ratio of 3.05. Lockheed Martin Corporation has a 12-month low of $410.11 and a 12-month high of $692.00. The stock has a 50-day moving average price of $631.13 and a 200 day moving average price of $552.93. The stock has a market capitalization of $122.21 billion, a P/E ratio of 24.68, a P/E/G ratio of 0.99 and a beta of 0.23.

Lockheed Martin (NYSE:LMT) last released its earnings results on Thursday, April 23rd. The aerospace company reported $6.44 earnings per share (EPS) for the quarter, missing the consensus estimate of $6.79 by ($0.35). Lockheed Martin had a return on equity of 108.53% and a net margin of 6.69%.The business had revenue of $18.02 billion for the quarter, compared to analysts’ expectations of $18.38 billion. During the same quarter in the prior year, the business posted $7.28 EPS. The business’s revenue for the quarter was up .3% compared to the same quarter last year. Lockheed Martin has set its FY 2026 guidance at 29.350-30.250 EPS. Equities research analysts forecast that Lockheed Martin Corporation will post 29.97 EPS for the current fiscal year.

Lockheed Martin Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, March 27th. Shareholders of record on Monday, March 2nd were issued a dividend of $3.45 per share. This represents a $13.80 annualized dividend and a yield of 2.6%. The ex-dividend date was Monday, March 2nd. Lockheed Martin’s dividend payout ratio (DPR) is currently 64.22%.

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.