Atria Investments Inc Cuts Position in Lockheed Martin Corporation $LMT

Atria Investments Inc trimmed its position in Lockheed Martin Corporation (NYSE:LMT) by 13.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 12,835 shares of the aerospace company’s stock after selling 1,955 shares during the quarter. Atria Investments Inc’s holdings in Lockheed Martin were worth $6,208,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. Mainsail Asset Management LLC purchased a new position in shares of Lockheed Martin in the 4th quarter worth about $293,000. Navalign LLC purchased a new position in shares of Lockheed Martin in the 4th quarter worth about $185,000. Catalyst Financial Partners LLC raised its holdings in shares of Lockheed Martin by 6.9% in the 4th quarter. Catalyst Financial Partners LLC now owns 1,057 shares of the aerospace company’s stock worth $511,000 after purchasing an additional 68 shares during the period. Biltmore Family Office LLC raised its holdings in shares of Lockheed Martin by 7.0% in the 4th quarter. Biltmore Family Office LLC now owns 1,191 shares of the aerospace company’s stock worth $576,000 after purchasing an additional 78 shares during the period. Finally, Stonebridge Financial Group LLC MO purchased a new position in shares of Lockheed Martin in the 4th quarter worth about $310,000. 74.19% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on LMT shares. Truist Financial raised their target price on Lockheed Martin from $605.00 to $695.00 and gave the company a “buy” rating in a report on Friday, January 30th. Wall Street Zen downgraded Lockheed Martin from a “buy” rating to a “hold” rating in a report on Saturday, April 25th. 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, April 24th. DZ Bank upgraded Lockheed Martin from a “hold” rating to a “strong-buy” rating in a report on Thursday, April 30th. Finally, Susquehanna dropped their target price on Lockheed Martin from $740.00 to $700.00 and set a “positive” rating on the stock in a report on Friday, April 24th. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $628.63.

Lockheed Martin Stock Performance

Shares of NYSE:LMT opened at $516.25 on Friday. The company has a market cap of $119.03 billion, a P/E ratio of 25.00, a PEG ratio of 0.94 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 Corporation has a one year low of $410.11 and a one year high of $692.00. The business’s 50-day simple moving average is $590.88 and its 200 day simple moving average is $554.68.

Lockheed Martin (NYSE:LMT) last issued its quarterly earnings data 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 net margin of 6.38% and a return on equity of 101.64%. The business had revenue of $18.02 billion for the quarter, compared to analyst estimates of $18.38 billion. During the same quarter last year, the business earned $7.28 EPS. Lockheed Martin’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. On average, sell-side analysts forecast that Lockheed Martin Corporation will post 29.88 earnings per share for the current fiscal year.

Lockheed Martin Announces Dividend

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