Wealthfront Advisers LLC Has $11.12 Million Stock Holdings in Lockheed Martin Corporation $LMT

Wealthfront Advisers LLC lessened its stake in shares of Lockheed Martin Corporation (NYSE:LMT) by 5.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 22,999 shares of the aerospace company’s stock after selling 1,246 shares during the period. Wealthfront Advisers LLC’s holdings in Lockheed Martin were worth $11,124,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of LMT. Sanders Capital LLC acquired a new stake in shares of Lockheed Martin in the third quarter worth $252,699,000. First Trust Advisors LP grew its stake in shares of Lockheed Martin by 286.1% in the third quarter. First Trust Advisors LP now owns 503,428 shares of the aerospace company’s stock worth $251,316,000 after acquiring an additional 373,027 shares during the last quarter. Canoe Financial LP bought a new position in Lockheed Martin during the fourth quarter valued at about $166,403,000. SG Americas Securities LLC increased its stake in Lockheed Martin by 7,309.8% during the fourth quarter. SG Americas Securities LLC now owns 262,233 shares of the aerospace company’s stock valued at $126,834,000 after acquiring an additional 258,694 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Lockheed Martin by 41.3% during the third quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 808,409 shares of the aerospace company’s stock valued at $403,534,000 after acquiring an additional 236,137 shares during the period. Institutional investors and hedge funds own 74.19% of the company’s stock.

Lockheed Martin Stock Down 0.5%

LMT opened at $509.80 on Thursday. 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 debt-to-equity ratio of 2.74, a current ratio of 1.14 and a quick ratio of 0.94. The firm’s fifty day moving average price is $620.01 and its two-hundred day moving average price is $553.28. The company has a market capitalization of $117.54 billion, a P/E ratio of 24.69, a P/E/G ratio of 0.93 and a beta of 0.23.

Lockheed Martin (NYSE:LMT) last posted its quarterly earnings results on Thursday, April 23rd. The aerospace company reported $6.44 earnings per share for the quarter, missing analysts’ consensus estimates of $6.79 by ($0.35). Lockheed Martin had a return on equity of 101.64% and a net margin of 6.38%.The business had revenue of $18.02 billion for the quarter, compared to analyst estimates of $18.38 billion. During the same quarter in the prior year, the firm earned $7.28 EPS. The firm’s quarterly revenue was up .3% on a year-over-year basis. Lockheed Martin has set its FY 2026 guidance at 29.350-30.250 EPS. On average, analysts anticipate that Lockheed Martin Corporation will post 29.93 EPS for the current year.

Lockheed Martin Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, March 27th. Shareholders of record on Monday, March 2nd were paid a dividend of $3.45 per share. The ex-dividend date was Monday, March 2nd. This represents a $13.80 dividend on an annualized basis and a yield of 2.7%. Lockheed Martin’s payout ratio is currently 66.83%.

Lockheed Martin News Roundup

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

• Positive Sentiment: Skunk Works and space/aircraft program progress: Lockheed’s MDCX command‑and‑control platform helped power the MQ‑25A Stingray flight and the company won a role on the U.S. Space Force “Golden Dome” interceptor effort while advancing GPS III/IIIF work — concrete program wins that reinforce LMT’s positioning in next‑generation air, space and missile defense and support medium/longer‑term revenue visibility. Is Lockheed Martin’s (LMT) Golden Dome Role Quietly Redefining Its Advanced Defense Technology Narrative?
• Positive Sentiment: MDCX autonomy milestone: the MDCX backbone supporting the MQ‑25A autonomous refueling drone is a proof point for Lockheed’s move into open‑architecture command, control and autonomy — a higher‑margin, software‑and‑systems narrative that can reframe valuation over time. Lockheed Martin MDCX Powers MQ-25A Flight And Reshapes LMT Valuation Narrative
• Positive Sentiment: Strategic partnerships in autonomy and drones (e.g., integrations with advanced AI drone firms) deepen Lockheed’s addressable market in unmanned systems and command‑and‑control software, supporting the company’s shift toward higher software content and recurring‑style revenue.
• Neutral Sentiment: Defense ecosystem financing/innovation: new startups and funding rounds (e.g., drone manufacturing and autonomy plays) broaden the supplier/partner base — potential for both collaboration and competition but not an immediate earnings driver for LMT. Firestorm Labs raises $82M to take drone factories into the field
• Negative Sentiment: Competitive pressure: General Dynamics (GD) reported a stronger‑than‑expected Q1 and raised its full‑year outlook, drawing investor attention and rotation toward GD at LMT’s expense. General Dynamics Raises Full-Year Earnings Outlook After First-Quarter Beat; Shares Jump
• Negative Sentiment: Policy uncertainty: high‑profile pushback from congressional Republicans on a proposed 44% Pentagon budget increase injects uncertainty into the timing and scale of future defense spending growth, a headwind for sentiment across prime contractors. Republicans Push Back On Trump’s 44% Pentagon Budget Increase
• Negative Sentiment: Near‑term fundamentals and analyst reactions: LMT’s recent Q1 missed EPS/revenue expectations and prompted mixed analyst moves (Susquehanna trimmed its price target despite a positive rating), which is weighing on the stock until execution and cash‑flow trends clarify. Here is why Lockheed Martin is Among the Most Undervalued Defense Stocks to Buy According to Analysts

Analyst Upgrades and Downgrades

A number of analysts have commented on LMT shares. Bank of America reduced their price objective on Lockheed Martin from $660.00 to $600.00 and set a “neutral” rating for the company in a research report on Friday, April 24th. BNP Paribas Exane reduced their price objective on Lockheed Martin from $770.00 to $680.00 and set an “outperform” rating for the company in a research report on Friday, April 24th. Robert W. Baird raised their price objective on Lockheed Martin from $550.00 to $640.00 and gave the stock an “outperform” rating in a research report on Friday, January 16th. DZ Bank downgraded Lockheed Martin from a “buy” rating to a “hold” rating and set a $665.00 price objective for the company. in a research report on Tuesday, February 3rd. Finally, Jefferies Financial Group reiterated a “hold” rating and set a $595.00 price target on shares of Lockheed Martin in a research note on Sunday. Seven analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $632.58.

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.