Patrick Mauro Investment Advisor INC. Sells 1,600 Shares of Lockheed Martin Corporation $LMT

Patrick Mauro Investment Advisor INC. decreased its position in Lockheed Martin Corporation (NYSE:LMT) by 10.8% in the fourth quarter, Holdings Channel.com reports. The firm owned 13,188 shares of the aerospace company’s stock after selling 1,600 shares during the quarter. Lockheed Martin comprises approximately 3.3% of Patrick Mauro Investment Advisor INC.’s investment portfolio, making the stock its 11th largest position. Patrick Mauro Investment Advisor INC.’s holdings in Lockheed Martin were worth $6,379,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in LMT. United Financial Planning Group LLC purchased a new position in Lockheed Martin in the third quarter worth about $25,000. Tucker Asset Management LLC purchased a new position in Lockheed Martin in the fourth quarter worth about $32,000. Beacon Financial Strategies CORP purchased a new position in Lockheed Martin in the fourth quarter worth about $34,000. Wexford Capital LP purchased a new position in Lockheed Martin in the third quarter worth about $36,000. Finally, Physician Wealth Advisors Inc. boosted its position in Lockheed Martin by 61.7% in the third quarter. Physician Wealth Advisors Inc. now owns 76 shares of the aerospace company’s stock worth $38,000 after purchasing an additional 29 shares during the last quarter. Institutional investors own 74.19% of the company’s stock.

Lockheed Martin Trading Down 1.4%

Shares of LMT opened at $529.82 on Friday. The company’s fifty day moving average is $566.61 and its 200 day moving average is $558.08. Lockheed Martin Corporation has a fifty-two week low of $410.11 and a fifty-two week high of $692.00. The stock has a market capitalization of $122.16 billion, a PE ratio of 25.66, a P/E/G ratio of 0.97 and a beta of 0.10. The company has a debt-to-equity ratio of 2.74, a quick ratio of 0.94 and a current ratio of 1.14.

Lockheed Martin (NYSE:LMT) last announced its quarterly earnings results on Thursday, April 23rd. The aerospace company reported $6.44 earnings per share for the quarter, missing the consensus estimate 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 during the quarter, compared to the consensus estimate of $18.38 billion. During the same quarter in the prior year, the firm posted $7.28 EPS. The company’s revenue for the quarter was up .3% on a year-over-year basis. Lockheed Martin has set its FY 2026 guidance at 29.350-30.250 EPS. Sell-side analysts expect that Lockheed Martin Corporation will post 29.88 earnings per share for the current fiscal year.

Lockheed Martin Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, June 26th. Investors of record on Monday, June 1st will be 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 is Monday, June 1st. Lockheed Martin’s dividend payout ratio is presently 66.83%.

Analysts Set New Price Targets

Several research analysts have issued reports on LMT shares. Truist Financial raised their target price on Lockheed Martin from $605.00 to $695.00 and gave the stock a “buy” rating in a research report on Friday, January 30th. Citigroup dropped their target price on Lockheed Martin from $675.00 to $571.00 and set a “neutral” rating on the stock in a research report on Monday, May 18th. Sanford C. Bernstein reissued a “market perform” rating on shares of Lockheed Martin in a research report on Friday. The Goldman Sachs Group raised their target price on Lockheed Martin from $464.00 to $517.00 and gave the stock a “sell” rating in a research report on Monday, February 2nd. Finally, JPMorgan Chase & Co. dropped their target price on Lockheed Martin from $680.00 to $605.00 and set a “neutral” rating on the stock in a research report on Tuesday, May 5th. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $620.68.

Lockheed Martin News Summary

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

• Positive Sentiment: Lockheed Martin delivered the first ICS-enabled combat system baseline to the U.S. Navy, reinforcing execution on a key defense program and highlighting continued demand for its naval systems. Lockheed Martin delivers first ICS-enabled combat system baseline to US Navy
• Positive Sentiment: The Javelin Joint Venture, which includes Lockheed Martin, delivered its first Lightweight Command Launch Units to the U.S. Army, signaling progress in fielded defense hardware and potential support for future revenue recognition. Lockheed Martin Javelin Launcher Delivery Highlights Valuation Gap And Growth Watchpoints
• Positive Sentiment: Lockheed Martin said demand is rising for missile defense, sustainment, and autonomous systems, which suggests solid business momentum across several defense categories. Lockheed Martin sees rising demand for missile defense, sustainment, autonomous systems
• Neutral Sentiment: Sanford C. Bernstein reaffirmed its “market perform” rating on Lockheed Martin, indicating a cautious but not bearish stance from analysts. Lockheed Martin – Bernstein still on market perform
• Neutral Sentiment: Options activity suggests traders are positioning for a bigger move in LMT, but the article does not provide a clear directional catalyst. Are Options Traders Betting on a Big Move in Lockheed Martin Stock?
• Negative Sentiment: Recent coverage comparing Lockheed Martin with Boeing and questioning valuation/watchpoints may be weighing on sentiment, especially as investors evaluate whether LMT’s premium defense profile is fully priced in. Lockheed Martin vs. Boeing: Which Industrials Stock Is a Better Buy in 2026?

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.