Excelsior Advisor Network LLC Purchases New Shares in Lockheed Martin Corporation $LMT

Excelsior Advisor Network LLC acquired a new position in Lockheed Martin Corporation (NYSE:LMT) in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 3,782 shares of the aerospace company’s stock, valued at approximately $2,286,000. Lockheed Martin accounts for about 0.9% of Excelsior Advisor Network LLC’s portfolio, making the stock its 28th largest holding.

Other institutional investors also recently bought and sold shares of the company. Quantinno Capital Management LP raised its stake in shares of Lockheed Martin by 20.6% during the 1st quarter. Quantinno Capital Management LP now owns 94,093 shares of the aerospace company’s stock worth $56,869,000 after buying an additional 16,043 shares during the period. Clough Capital Partners L P boosted its holdings in Lockheed Martin by 1,228.5% in the 1st quarter. Clough Capital Partners L P now owns 34,210 shares of the aerospace company’s stock worth $20,676,000 after buying an additional 31,635 shares during the last quarter. SummitTX Capital L.P. purchased a new stake in Lockheed Martin during the 1st quarter worth approximately $12,947,000. Lazard Asset Management LLC boosted its stake in shares of Lockheed Martin by 30.0% in the first quarter. Lazard Asset Management LLC now owns 322,075 shares of the aerospace company’s stock worth $194,659,000 after acquiring an additional 74,295 shares during the last quarter. Finally, Gateway Wealth Partners LLC increased its position in shares of Lockheed Martin by 112.9% during the first quarter. Gateway Wealth Partners LLC now owns 2,834 shares of the aerospace company’s stock worth $1,712,000 after purchasing an additional 1,503 shares in the last quarter. 74.19% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting Lockheed Martin

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

• Positive Sentiment: Lockheed Martin is participating in a framework agreement with the Department of War and L3Harris to substantially increase production of PAC-3 MSE missiles. The multiyear procurement structure could improve order visibility and support long-term sales for Lockheed’s missile-defense business. L3Harris PAC-3 MSE production agreement
• Positive Sentiment: A separate agreement is expected to quadruple propulsion production for the THAAD missile-defense system, reinforcing demand for Lockheed’s air- and missile-defense portfolio and signaling government support for expanded capacity. L3Harris THAAD propulsion agreement
• Positive Sentiment: Recent coverage highlights Lockheed’s quarterly earnings beat, record backlog and raised investor interest following renewed geopolitical tensions, including the Iran conflict. Broader NATO rearmament and higher U.S. defense spending also provide a favorable demand backdrop. RTX and Lockheed earnings and backlog
• Positive Sentiment: Zacks classifies LMT as a strong value stock, potentially attracting investors seeking a large defense contractor with durable government demand and improving production prospects. Zacks Lockheed Martin value analysis
• Neutral Sentiment: Lockheed is reportedly building weapons before receiving Pentagon orders, which could help it respond quickly to urgent demand but may tie up cash and increase inventory or contracting risk if orders are delayed. Lockheed Martin weapons production ahead of orders
• Negative Sentiment: After a strong earnings rally, investors may be taking profits and reassessing whether the stock’s elevated valuation already reflects much of the backlog, geopolitical and defense-spending upside. This helps explain weaker trading despite favorable long-term headlines. Lockheed Martin record backlog market concerns

Lockheed Martin Price Performance

NYSE:LMT opened at $580.32 on Tuesday. The stock’s fifty day moving average is $524.82 and its two-hundred day moving average is $574.05. The company has a quick ratio of 1.01, a current ratio of 1.19 and a debt-to-equity ratio of 2.34. The company has a market capitalization of $133.93 billion, a P/E ratio of 21.39, a P/E/G ratio of 1.04 and a beta of 0.11. Lockheed Martin Corporation has a 52 week low of $412.55 and a 52 week high of $692.00.

Lockheed Martin (NYSE:LMT) last issued its quarterly earnings data on Thursday, July 23rd. The aerospace company reported $7.94 earnings per share (EPS) for the quarter, beating the consensus estimate of $7.22 by $0.72. The firm had revenue of $20.06 billion for the quarter, compared to analyst estimates of $19.34 billion. Lockheed Martin had a net margin of 8.16% and a return on equity of 91.42%. Lockheed Martin’s revenue was up 10.5% on a year-over-year basis. During the same period in the previous year, the firm earned $1.46 EPS. Lockheed Martin has set its FY 2026 guidance at 29.950-30.650 EPS. Equities analysts expect that Lockheed Martin Corporation will post 30.12 EPS for the current year.

Lockheed Martin Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, September 25th. Shareholders of record on Tuesday, September 1st will be given a dividend of $3.45 per share. The ex-dividend date is Tuesday, September 1st. This represents a $13.80 dividend on an annualized basis and a dividend yield of 2.4%. Lockheed Martin’s dividend payout ratio (DPR) is currently 50.87%.

Wall Street Analyst Weigh In

LMT has been the topic of several recent research reports. Wells Fargo & Company set a $600.00 target price on shares of Lockheed Martin in a research note on Monday. BNP Paribas Exane lowered their target price on Lockheed Martin from $770.00 to $680.00 and set an “outperform” 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 research report on Thursday, April 30th. Wall Street Zen raised Lockheed Martin from a “hold” rating to a “strong-buy” rating in a report on Saturday. Finally, TD Cowen dropped their target price on Lockheed Martin from $600.00 to $560.00 and set a “hold” rating for the company in a report on Monday, July 13th. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Lockheed Martin currently has an average rating of “Hold” and an average target price of $626.33.

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.