Turtle Creek Wealth Advisors LLC Has $4.60 Million Stock Position in Lockheed Martin Corporation $LMT

Turtle Creek Wealth Advisors LLC grew its holdings in shares of Lockheed Martin Corporation (NYSE:LMT) by 14.5% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 7,608 shares of the aerospace company’s stock after purchasing an additional 964 shares during the quarter. Turtle Creek Wealth Advisors LLC’s holdings in Lockheed Martin were worth $4,598,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of LMT. New York State Teachers Retirement System raised its stake in shares of Lockheed Martin by 2.7% in the 1st quarter. New York State Teachers Retirement System now owns 177,983 shares of the aerospace company’s stock valued at $107,571,000 after acquiring an additional 4,717 shares in the last quarter. Gordian Advisors LLC bought a new stake in Lockheed Martin during the first quarter worth approximately $215,000. Sierra Summit Advisors LLC boosted its position in Lockheed Martin by 3.9% during the first quarter. Sierra Summit Advisors LLC now owns 2,338 shares of the aerospace company’s stock worth $1,413,000 after purchasing an additional 88 shares during the period. Optas LLC boosted its position in Lockheed Martin by 9.4% during the first quarter. Optas LLC now owns 858 shares of the aerospace company’s stock worth $519,000 after purchasing an additional 74 shares during the period. Finally, Leonteq Securities AG grew its holdings in Lockheed Martin by 330.3% during the first quarter. Leonteq Securities AG now owns 5,719 shares of the aerospace company’s stock valued at $3,457,000 after purchasing an additional 4,390 shares during the last quarter. Institutional investors and hedge funds own 74.19% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the stock. Susquehanna dropped their price target on shares of Lockheed Martin from $740.00 to $700.00 and set a “positive” rating on the stock in a research report on Friday, April 24th. Wall Street Zen downgraded shares of Lockheed Martin from a “buy” rating to a “hold” rating in a report on Saturday, April 25th. Jefferies Financial Group set a $575.00 target price on shares of Lockheed Martin in a research report on Thursday, June 25th. Deutsche Bank Aktiengesellschaft decreased their price target on shares of Lockheed Martin from $615.00 to $575.00 and set a “hold” rating for the company in a report on Friday, April 24th. Finally, Weiss Ratings downgraded Lockheed Martin from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, June 9th. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Lockheed Martin has a consensus rating of “Hold” and an average price target of $613.63.

Key Stories Impacting Lockheed Martin

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

• Positive Sentiment: Lockheed Martin was reported to be the front-runner to buy Ultra Maritime in a deal valued at about $3.5 billion, which could expand its naval-defense footprint and add to its long-term growth story. Lockheed Martin frontrunner for $3.5B Ultra Maritime deal, sources say – FT
• Positive Sentiment: The company also continues to benefit from large defense awards, including a massive missile-defense production contract for THAAD interceptors and a separate U.S. Army radar contract, reinforcing strong demand for its products. Why Lockheed Martin (LMT) Is Up 6.1% After Massive Missile-Defense Contracts And Index Shift
• Positive Sentiment: Citi upgraded Lockheed Martin to Buy, signaling that some analysts see the recent weakness as a buying opportunity. Why Lockheed Stock’s Brutal Quarter Is Sending a Buy Signal
• Neutral Sentiment: Lockheed Martin announced it will webcast its second-quarter 2026 earnings call on July 23, setting up the next major company update for investors. Lockheed Martin Announces Second Quarter 2026 Earnings Results Webcast
• Negative Sentiment: Some coverage continues to highlight pressure from program charges, weaker cash flow, and a recent quarter that was not as strong as peers, which could temper enthusiasm despite the contract wins. General Dynamics Vs. Lockheed Martin: Buy General Dynamics for Deep Marine Backlogs
• Negative Sentiment: UBS cut its price target on Lockheed Martin, reflecting a more cautious view on valuation and near-term upside. UBS cuts price target on Lockheed Martin to 538 from 683

Lockheed Martin Trading Up 4.4%

Shares of Lockheed Martin stock opened at $544.75 on Friday. The company’s fifty day simple moving average is $520.69 and its 200-day simple moving average is $568.80. The company has a market cap of $125.60 billion, a price-to-earnings ratio of 26.38, a PEG ratio of 0.95 and a beta of 0.11. The company has a current ratio of 1.14, a quick ratio of 0.94 and a debt-to-equity ratio of 2.74. Lockheed Martin Corporation has a 1 year low of $410.11 and a 1 year high of $692.00.

Lockheed Martin (NYSE:LMT) last released its earnings results on Thursday, April 23rd. The aerospace company reported $6.44 EPS for the quarter, missing the consensus estimate of $6.79 by ($0.35). Lockheed Martin had a net margin of 6.38% and a return on equity of 101.64%. The company had revenue of $18.02 billion for the quarter, compared to analyst estimates of $18.38 billion. During the same quarter in the previous year, the company earned $7.28 earnings per share. 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. As a group, sell-side analysts expect that Lockheed Martin Corporation will post 29.88 EPS for the current year.

Lockheed Martin Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Monday, June 1st were issued a dividend of $3.45 per share. The ex-dividend date was Monday, June 1st. This represents a $13.80 annualized dividend and a dividend yield of 2.5%. Lockheed Martin’s payout ratio is presently 66.83%.

Lockheed Martin Company 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.