Confluence Investment Management LLC Reduces Stake in Lockheed Martin Corporation $LMT

Confluence Investment Management LLC decreased its position in shares of Lockheed Martin Corporation (NYSE:LMT) by 4.6% during the third quarter, HoldingsChannel reports. The institutional investor owned 246,632 shares of the aerospace company’s stock after selling 11,945 shares during the period. Lockheed Martin comprises 1.9% of Confluence Investment Management LLC’s investment portfolio, making the stock its 8th largest position. Confluence Investment Management LLC’s holdings in Lockheed Martin were worth $125,598,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Stonebridge Financial Group LLC MO boosted its stake in Lockheed Martin by 2.8% during the 1st quarter. Stonebridge Financial Group LLC MO now owns 658 shares of the aerospace company’s stock valued at $397,000 after purchasing an additional 18 shares during the last quarter. Rooted Wealth Advisors Inc. lifted its holdings in shares of Lockheed Martin by 1.8% during the first quarter. Rooted Wealth Advisors Inc. now owns 1,036 shares of the aerospace company’s stock valued at $602,000 after purchasing an additional 18 shares in the last quarter. Bruce G. Allen Investments LLC lifted its holdings in shares of Lockheed Martin by 24.1% during the fourth quarter. Bruce G. Allen Investments LLC now owns 98 shares of the aerospace company’s stock valued at $47,000 after purchasing an additional 19 shares in the last quarter. Beacon Capital Management LLC boosted its position in shares of Lockheed Martin by 4.5% during the second quarter. Beacon Capital Management LLC now owns 442 shares of the aerospace company’s stock valued at $225,000 after buying an additional 19 shares during the last quarter. Finally, REAP Financial Group LLC increased its holdings in Lockheed Martin by 14.4% in the 4th quarter. REAP Financial Group LLC now owns 159 shares of the aerospace company’s stock worth $77,000 after buying an additional 20 shares in the last quarter. Institutional investors own 74.19% of the company’s stock.

Lockheed Martin Stock Performance

Shares of NYSE:LMT traded down $3.02 during trading on Thursday, hitting $506.23. The company’s stock had a trading volume of 318,363 shares, compared to its average volume of 1,458,304. The company has a debt-to-equity ratio of 2.34, a current ratio of 1.19 and a quick ratio of 1.01. The firm has a market cap of $116.83 billion, a price-to-earnings ratio of 18.65, a P/E/G ratio of 1.11 and a beta of 0.10. The company has a 50-day moving average of $557.79 and a 200-day moving average of $553.00. Lockheed Martin Corporation has a 12 month low of $437.25 and a 12 month high of $692.00.

Lockheed Martin (NYSE:LMT) last issued its quarterly earnings results on Thursday, July 23rd. The aerospace company reported $7.94 EPS for the quarter, topping analysts’ consensus estimates of $7.22 by $0.72. Lockheed Martin had a return on equity of 91.42% and a net margin of 8.16%.The business had revenue of $20.06 billion during the quarter, compared to analysts’ expectations of $19.34 billion. During the same quarter in the prior year, the business posted $1.46 earnings per share. The business’s quarterly revenue was up 10.5% on a year-over-year basis. Lockheed Martin has set its FY 2026 guidance at 29.950-30.650 EPS. On average, sell-side analysts expect that Lockheed Martin Corporation will post 30.44 earnings per share for the current year.

Lockheed Martin Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, September 25th. Shareholders of record on Tuesday, September 1st were given a $3.45 dividend. This represents a $13.80 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date was Tuesday, September 1st. Lockheed Martin’s dividend payout ratio is presently 50.87%.

Trending Headlines about Lockheed Martin

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

• Positive Sentiment: Finland received its first two permanently based F-35A aircraft, marking the start of its fifth-generation fighter capability. The milestone supports the international F-35 production pipeline and Lockheed Martin’s multiyear revenue visibility. Finland and Lockheed Martin Celebrate Historic Arrival of First Finnish F-35
• Positive Sentiment: Lockheed Martin and Sikorsky reached a new production agreement with the U.S. Army intended to accelerate Black Hawk helicopter deliveries to U.S. and allied forces, potentially improving execution and future order flow. Sikorsky and U.S. Army Reach Production Agreement
• Positive Sentiment: The U.S. Navy activated a second Lockheed Martin MD-5C drone control station for the MQ-25A Stingray program, highlighting adoption of the company’s Skunk Works MDCX autonomy platform and expanding unmanned-systems opportunities. U.S. Navy Doubles UAS Command and Control Capacity
• Neutral Sentiment: Lockheed Martin scheduled its third-quarter 2026 earnings release and webcast for Oct. 22. The event is the next major catalyst, with investors focused on guidance, cash flow, delivery performance and demand across missiles, aircraft and space programs. Third Quarter 2026 Earnings Results Webcast
• Neutral Sentiment: Industry research projects strong growth in military embedded systems through 2035, potentially benefiting Lockheed Martin’s electronics, autonomy and mission-systems businesses, although the report is not a company-specific contract or forecast. Military Embedded Systems Market Outlook
• Negative Sentiment: A report said F-35 parts were inadvertently exposed to China after a shipping incident. The immediate financial impact appears limited, but the episode could raise scrutiny around supply-chain controls and sensitive defense technology. F-35 Parts Shipping Incident

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the company. UBS Group raised Lockheed Martin from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $581.00 to $674.00 in a research report on Tuesday, September 8th. Jefferies Financial Group reiterated a “hold” rating on shares of Lockheed Martin in a research note on Wednesday, September 2nd. Wells Fargo & Company set a $600.00 price objective on shares of Lockheed Martin in a report on Monday, July 27th. Wall Street Zen upgraded shares of Lockheed Martin from a “buy” rating to a “strong-buy” rating in a report on Sunday, September 20th. Finally, Robert W. Baird set a $700.00 target price on shares of Lockheed Martin in a research report on Friday, July 24th. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $637.56.

Lockheed Martin Profile

Lockheed Martin Corporation is a global aerospace, defense and technology company headquartered in Bethesda, Maryland. The company develops and produces advanced systems for government and commercial customers, with the U.S. Department of Defense and other U.S. government agencies representing its primary customers.

Its principal activities include the design and manufacture of military aircraft, missiles, air and missile defense systems, radar and sensor technologies, naval and rotary-wing systems, satellites, space exploration systems, and cybersecurity and information technology solutions.