Lockheed Martin Corporation $LMT Stock Sold by Curated Wealth Partners LLC

Curated Wealth Partners LLC trimmed its stake in Lockheed Martin Corporation (NYSE:LMT) by 98.0% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,582 shares of the aerospace company’s stock after selling 78,235 shares during the quarter. Curated Wealth Partners LLC’s holdings in Lockheed Martin were worth $806,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently bought and sold shares of LMT. State Street Corp raised its stake in Lockheed Martin by 1.3% during the second quarter. State Street Corp now owns 32,975,170 shares of the aerospace company’s stock worth $16,799,530,000 after purchasing an additional 419,582 shares during the period. BlackRock Inc. acquired a new position in shares of Lockheed Martin in the 2nd quarter valued at $9,617,574,000. Corient Private Wealth LP grew its stake in shares of Lockheed Martin by 3,983.3% during the 2nd quarter. Corient Private Wealth LP now owns 7,110,961 shares of the aerospace company’s stock valued at $3,622,750,000 after buying an additional 6,936,814 shares during the period. Bank of New York Mellon Corp purchased a new stake in shares of Lockheed Martin during the 2nd quarter valued at $645,258,000. Finally, Diamant Asset Management Inc. grew its stake in shares of Lockheed Martin by 60,339.0% during the 1st quarter. Diamant Asset Management Inc. now owns 879,387 shares of the aerospace company’s stock valued at $531,493,000 after buying an additional 877,932 shares during the period. Institutional investors and hedge funds own 74.19% of the company’s stock.

Key Stories Impacting Lockheed Martin

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

• Positive Sentiment: Lockheed Martin announced a $300 million expansion of its Grand Prairie, Texas, advanced-munitions facility and plans to create approximately 6,000 U.S. jobs. The investment is intended to increase production of critical missile systems, including PAC-3 MSE interceptors, supporting longer-term revenue visibility as governments replenish inventories. Lockheed Martin Expands Advanced Munitions Manufacturing in Texas
• Positive Sentiment: The company raised its quarterly dividend 4.3% to $3.60 per share, or $14.40 annualized, extending its dividend-growth streak to 24 years. The increase reinforces the investment case for income-focused shareholders. This Defense Stock Just Raised Its Dividend by 4.3%
• Positive Sentiment: Lockheed Martin is expanding technology cooperation with the Royal Netherlands Aerospace Centre and discussing F-16 upgrades with Ukraine’s air force. The initiatives could support international defense relationships and future program opportunities. Skunk Works and the Royal Netherlands Aerospace Centre Expand Strategic Collaboration
• Positive Sentiment: Analysts and market commentary point to potential earnings strength next week, supported by recent contract activity, missile-production expansion and sustained defense spending. Lockheed’s current fiscal-year EPS guidance is $29.95 to $30.65. Lockheed Martin Earnings Expected to Grow
• Neutral Sentiment: Bernstein maintained a Hold rating, while RBC reduced its price target from $600 to $550 and assigned a Sector Perform rating. The revised target still implies limited potential upside but signals caution after the recent rebound.
• Negative Sentiment: Investors remain focused on valuation, cash-flow conversion and the risk of cost overruns on fixed-price programs. Comparisons with RTX also highlight concerns about Lockheed’s leverage and exposure to individual defense programs.

Lockheed Martin Trading Up 2.2%

NYSE LMT opened at $533.65 on Friday. Lockheed Martin Corporation has a one year low of $437.25 and a one year high of $692.00. The company’s 50 day moving average price is $542.60 and its 200 day moving average price is $543.79. The company has a debt-to-equity ratio of 2.34, a quick ratio of 1.01 and a current ratio of 1.19. The firm has a market capitalization of $123.16 billion, a price-to-earnings ratio of 19.67, a PEG ratio of 1.13 and a beta of 0.09.

Lockheed Martin (NYSE:LMT) last announced its quarterly earnings results on Thursday, July 23rd. The aerospace company reported $7.94 earnings per share for the quarter, beating analysts’ consensus estimates of $7.22 by $0.72. Lockheed Martin had a net margin of 8.16% and a return on equity of 91.42%. The firm had revenue of $20.06 billion for the quarter, compared to analysts’ expectations of $19.34 billion. During the same period in the previous year, the company posted $1.46 earnings per share. Lockheed Martin’s revenue was up 10.5% compared to the same quarter last year. Lockheed Martin has set its FY 2026 guidance at 29.950-30.650 EPS. On average, sell-side analysts predict that Lockheed Martin Corporation will post 30.44 EPS for the current year.

Lockheed Martin Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 31st. Stockholders of record on Tuesday, December 1st will be paid a $3.60 dividend. The ex-dividend date of this dividend is Tuesday, December 1st. This represents a $14.40 dividend on an annualized basis and a dividend yield of 2.7%. This is a boost from Lockheed Martin’s previous quarterly dividend of $3.45. Lockheed Martin’s payout ratio is 50.87%.

Analyst Upgrades and Downgrades

LMT has been the subject of a number of research analyst reports. Barclays assumed coverage on Lockheed Martin in a report on Friday, October 9th. They set an “equal weight” rating and a $554.00 price objective for the company. Sanford C. Bernstein reduced their target price on Lockheed Martin from $629.00 to $564.00 and set a “market perform” rating on the stock in a report on Wednesday. Citigroup lifted their target price on Lockheed Martin from $641.00 to $691.00 and gave the company a “buy” rating in a report on Thursday, August 13th. Weiss Ratings raised Lockheed Martin from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, October 9th. Finally, Jefferies Financial Group restated a “hold” rating on shares of Lockheed Martin in a research note on Wednesday, September 2nd. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Lockheed Martin presently has a consensus rating of “Moderate Buy” and an average target price of $628.10.

Lockheed Martin Company Profile

Lockheed Martin Corporation is a global aerospace, defense and technology company headquartered in Bethesda, Maryland. The company develops and produces advanced systems for government and commercial customers, with the U.S. Department of Defense and other U.S. government agencies representing its primary customers.

Its principal activities include the design and manufacture of military aircraft, missiles, air and missile defense systems, radar and sensor technologies, naval and rotary-wing systems, satellites, space exploration systems, and cybersecurity and information technology solutions.