Natixis Advisors LLC Sells 1,350 Shares of Lockheed Martin Corporation $LMT

Natixis Advisors LLC cut its holdings in shares of Lockheed Martin Corporation (NYSE:LMT) by 1.1% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 126,506 shares of the aerospace company’s stock after selling 1,350 shares during the period. Natixis Advisors LLC’s holdings in Lockheed Martin were worth $61,187,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Brighton Jones LLC boosted its holdings in Lockheed Martin by 5.0% in the fourth quarter. Brighton Jones LLC now owns 3,995 shares of the aerospace company’s stock valued at $1,941,000 after acquiring an additional 191 shares in the last quarter. Sivia Capital Partners LLC raised its holdings in Lockheed Martin by 5.4% in the 2nd quarter. Sivia Capital Partners LLC now owns 973 shares of the aerospace company’s stock worth $451,000 after purchasing an additional 50 shares in the last quarter. Schnieders Capital Management LLC. lifted its position in shares of Lockheed Martin by 17.3% in the 2nd quarter. Schnieders Capital Management LLC. now owns 1,460 shares of the aerospace company’s stock worth $676,000 after purchasing an additional 215 shares during the period. Gamco Investors INC. ET AL boosted its stake in shares of Lockheed Martin by 36.0% during the 2nd quarter. Gamco Investors INC. ET AL now owns 2,250 shares of the aerospace company’s stock valued at $1,042,000 after purchasing an additional 595 shares in the last quarter. Finally, Sei Investments Co. boosted its stake in shares of Lockheed Martin by 18.2% during the 2nd quarter. Sei Investments Co. now owns 86,569 shares of the aerospace company’s stock valued at $40,092,000 after purchasing an additional 13,300 shares in the last quarter. Institutional investors own 74.19% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently issued reports on LMT shares. Bank of America decreased their price target on shares of Lockheed Martin from $660.00 to $600.00 and set a “neutral” rating for the company in a research note on Friday, April 24th. Sanford C. Bernstein reaffirmed a “market perform” rating on shares of Lockheed Martin in a research report on Friday, May 29th. Morgan Stanley reduced their target price on Lockheed Martin from $675.00 to $653.00 and set an “equal weight” rating on the stock in a report on Friday, April 24th. Argus raised their target price on Lockheed Martin from $530.00 to $735.00 and gave the company a “buy” rating in a research note on Friday, March 6th. Finally, TD Cowen dropped their price target on Lockheed Martin from $670.00 to $600.00 and set a “hold” rating on the stock in a research report on Friday, April 24th. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Lockheed Martin presently has an average rating of “Hold” and a consensus price target of $620.68.

Key Stories Impacting Lockheed Martin

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

• Positive Sentiment: Canada confirmed a purchase of 26 HIMARS rocket launchers from Lockheed Martin, reinforcing international demand for the company’s missile systems and adding visibility to future sales. Canada confirms purchase of 26 HIMARS rocket launchers from Lockheed Martin
• Positive Sentiment: Lockheed Martin successfully demonstrated a container-launched drone intercept using its Sanctum counter-UAS system, underscoring growing demand for low-cost air defense solutions. Lockheed shoots down test drone using container-launched missile
• Positive Sentiment: The company also reported a successful propulsion demo for the next iteration of its PrSM missile, with flight testing planned for this fall, supporting its long-term missile growth pipeline. Lockheed Details Successful Propulsion Demo For PrSM Inc. 4 Design, Flight Test To Begin This Fall
• Positive Sentiment: Lockheed opened a new Alabama facility for next-generation interceptor production, which could improve capacity and support future homeland defense contracts. Lockheed Martin opens Alabama facility for next generation interceptor production

Lockheed Martin Price Performance

Shares of NYSE LMT opened at $513.31 on Thursday. The company has a 50 day simple moving average of $559.90 and a two-hundred day simple moving average of $560.05. 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 market capitalization of $118.35 billion, a price-to-earnings ratio of 24.86, a P/E/G ratio of 0.93 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 issued its quarterly 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 return on equity of 101.64% and a net margin of 6.38%.The company had revenue of $18.02 billion during the quarter, compared to the consensus estimate of $18.38 billion. During the same period in the prior year, the firm earned $7.28 earnings per share. 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. Analysts expect that Lockheed Martin Corporation will post 29.88 EPS for the current fiscal year.

Lockheed Martin Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, June 26th. Stockholders of record on Monday, June 1st will be paid 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 of this dividend is Monday, June 1st. Lockheed Martin’s dividend payout ratio is currently 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.