Lockheed Martin Corporation $LMT Stock Position Lowered by State of Michigan Retirement System

State of Michigan Retirement System decreased its position in Lockheed Martin Corporation (NYSE:LMT) by 2.2% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 58,118 shares of the aerospace company’s stock after selling 1,300 shares during the period. State of Michigan Retirement System’s holdings in Lockheed Martin were worth $28,110,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Broadway Wealth Solutions Inc. lifted its holdings in shares of Lockheed Martin by 3.6% in the fourth quarter. Broadway Wealth Solutions Inc. now owns 484 shares of the aerospace company’s stock valued at $234,000 after purchasing an additional 17 shares in the last quarter. Newbridge Financial Services Group Inc. boosted its position in shares of Lockheed Martin by 3.2% in the fourth quarter. Newbridge Financial Services Group Inc. now owns 583 shares of the aerospace company’s stock worth $282,000 after buying an additional 18 shares during the period. McGlone Suttner Wealth Management Inc. grew its holdings in shares of Lockheed Martin by 2.0% during the fourth quarter. McGlone Suttner Wealth Management Inc. now owns 985 shares of the aerospace company’s stock valued at $476,000 after buying an additional 19 shares in the last quarter. Sheets Smith Wealth Management grew its holdings in shares of Lockheed Martin by 2.2% during the fourth quarter. Sheets Smith Wealth Management now owns 873 shares of the aerospace company’s stock valued at $422,000 after buying an additional 19 shares in the last quarter. Finally, Fulton Breakefield Broenniman LLC raised its position in Lockheed Martin by 2.3% during the fourth quarter. Fulton Breakefield Broenniman LLC now owns 852 shares of the aerospace company’s stock valued at $412,000 after buying an additional 19 shares during the period. 74.19% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

LMT has been the subject of several research analyst reports. Weiss Ratings raised Lockheed Martin from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, March 23rd. The Goldman Sachs Group lifted their target price on Lockheed Martin from $464.00 to $517.00 and gave the company a “sell” rating in a research note on Monday, February 2nd. Deutsche Bank Aktiengesellschaft dropped their target price on Lockheed Martin from $615.00 to $575.00 and set a “hold” rating on the stock in a report on Friday. BNP Paribas Exane reduced their price target on shares of Lockheed Martin from $770.00 to $680.00 and set an “outperform” rating for the company in a research report on Friday. Finally, Royal Bank Of Canada decreased their price target on shares of Lockheed Martin from $650.00 to $575.00 and set a “sector perform” rating for the company in a report on Friday. Seven investment analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $632.58.

Key Stories Impacting Lockheed Martin

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

• Positive Sentiment: Pentagon planning to raise F‑35 purchases. Proposed increases in USAF and Navy buys through 2030–31 could lift future F‑35 production volumes and revenue for Lockheed. Pentagon Plans Boost to F‑35 Orders
• Positive Sentiment: Peru agreed to buy 12 F‑16 Block 70 jets — a direct commercial sale that supports near‑term aircraft revenue and international aftermarket/upgrade opportunities. Peru Selects F‑16 Block 70
• Positive Sentiment: Lockheed picked up roles in U.S. missile‑defense programs (including the multi‑company “Golden Dome” awards) and DOD contracts to replenish Patriot inventories — supports sustained demand in missile & munitions franchises. Golden Dome Program Coverage Patriot Stockpile Report
• Neutral Sentiment: Q1 results included an FY‑2026 EPS range that largely reaffirmed guidance; that limits downside from a guidance shock but leaves execution risk on production and cash flow. Q1 Financial Results
• Neutral Sentiment: Positive program PR (Orion crewed flight, GPS III support) bolsters long‑term aerospace credibility but is less material to near‑term cash flow. Program/PR Coverage
• Negative Sentiment: Q1 miss on EPS ($6.44 vs. Street) and revenue shortfall; free cash flow turned negative and Lockheed cited production delays and fixed‑price contract pressure — the immediate catalyst for selling pressure. Q1 Results Coverage
• Negative Sentiment: Multiple analysts trimmed price targets (BNP Paribas Exane, RBC, Morgan Stanley, Deutsche Bank, Susquehanna), reflecting increased execution/cash‑flow risk and tempering near‑term upside. Analyst PT Changes
• Negative Sentiment: Investor focus on cash burn and program delays increases short‑term volatility despite healthy backlog; near‑term valuation will track execution and whether cash flow recovers. Execution Risk Coverage

Lockheed Martin Price Performance

Shares of NYSE:LMT opened at $513.21 on Monday. The firm has a market cap of $118.33 billion, a price-to-earnings ratio of 24.85, a P/E/G ratio of 0.92 and a beta of 0.23. Lockheed Martin Corporation has a 1 year low of $410.11 and a 1 year high of $692.00. The company has a current ratio of 1.14, a quick ratio of 0.94 and a debt-to-equity ratio of 2.74. The business has a fifty day simple moving average of $628.34 and a 200 day simple moving average of $553.49.

Lockheed Martin (NYSE:LMT) last issued its earnings results on Thursday, April 23rd. The aerospace company reported $6.44 EPS for the quarter, missing analysts’ consensus estimates of $6.79 by ($0.35). Lockheed Martin had a net margin of 6.38% and a return on equity of 101.64%. 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 firm earned $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. As a group, sell-side analysts predict that Lockheed Martin Corporation will post 29.97 earnings per share for the current fiscal year.

Lockheed Martin Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Monday, March 2nd were paid 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 2.7%. Lockheed Martin’s payout ratio 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.