U S Wealth Group LLC. grew its stake in shares of Lockheed Martin Corporation (NYSE:LMT – Free Report) by 14.8% in the second quarter, according to the company in its most recent filing with the SEC. The firm owned 7,555 shares of the aerospace company’s stock after acquiring an additional 973 shares during the quarter. Lockheed Martin comprises about 1.9% of U S Wealth Group LLC.’s portfolio, making the stock its 16th biggest holding. U S Wealth Group LLC.’s holdings in Lockheed Martin were worth $3,849,000 as of its most recent filing with the SEC.
A number of other hedge funds also recently modified their holdings of the stock. Brighton Jones LLC increased its holdings in Lockheed Martin by 5.0% in the 4th quarter. Brighton Jones LLC now owns 3,995 shares of the aerospace company’s stock valued at $1,941,000 after buying an additional 191 shares during the period. Sivia Capital Partners LLC boosted its position in shares of Lockheed Martin by 5.4% during the 2nd quarter. Sivia Capital Partners LLC now owns 973 shares of the aerospace company’s stock worth $451,000 after acquiring an additional 50 shares in the last quarter. Schnieders Capital Management LLC. increased its stake in Lockheed Martin by 17.3% in the second quarter. Schnieders Capital Management LLC. now owns 1,460 shares of the aerospace company’s stock valued at $676,000 after acquiring an additional 215 shares during the last quarter. Gamco Investors INC. ET AL raised its position in Lockheed Martin by 36.0% during the second 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. raised its position in Lockheed Martin by 18.2% during the second 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 brokerages have weighed in on LMT. Wall Street Zen raised Lockheed Martin from a “buy” rating to a “strong-buy” rating in a report on Saturday, August 29th. UBS Group upgraded Lockheed Martin from a “neutral” rating to a “buy” rating and lifted their target price for the company from $581.00 to $674.00 in a research report on Tuesday. Wells Fargo & Company set a $600.00 target price on Lockheed Martin in a research note on Monday, July 27th. Weiss Ratings raised shares of Lockheed Martin from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, August 13th. Finally, Sanford C. Bernstein restated a “market perform” rating on shares of Lockheed Martin in a research note on Friday, May 29th. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $637.56.
Key Lockheed Martin News
Here are the key news stories impacting Lockheed Martin this week:
- Positive Sentiment: UBS upgraded Lockheed Martin, citing a structural increase in defense demand. The shift toward rebuilding missile inventories and expanding military capabilities could support multi-year revenue growth. UBS sees a structural shift building at Lockheed Martin
- Positive Sentiment: European support for Ukraine’s purchase of Patriot air-defense systems could benefit Lockheed Martin. Continued replenishment of Western missile stockpiles may increase demand for the company’s missile and air-defense products. Lockheed Poised to Benefit as EU Approves Ukraine’s Purchase of Patriot Missiles
- Positive Sentiment: Lockheed Martin and IBM announced a Swiss quantum-computing innovation hub. The project, connected to Switzerland’s F-35 procurement offset obligations, gives Lockheed access to research in autonomous navigation, quantum sensing and advanced materials. The initiative is strategically positive, although financial benefits are likely long term. IBM, Lockheed Martin Announce Swiss Quantum Innovation Hub
- Neutral Sentiment: Management is scheduled to speak at Morgan Stanley’s Laguna Conference. Investors may look for updates on defense demand, production execution, capital allocation and full-year guidance, but the event itself does not change fundamentals. Lockheed Martin executives to speak at Morgan Stanley conference
- Neutral Sentiment: Value-focused commentary highlights LMT’s approximately 2.6% dividend yield and roughly 17.6 forward earnings multiple. The valuation may appeal to long-term investors, while the defense industry’s transition toward newer technologies could require changes to Lockheed’s traditional business model. Lockheed Martin valuation and industry outlook
- Negative Sentiment: Investors remain concerned about fixed-price contracts and political scrutiny. Cost overruns or contract pressure could squeeze margins, particularly while Lockheed is adapting to changing defense procurement priorities.
Lockheed Martin Stock Performance
NYSE LMT opened at $530.10 on Friday. Lockheed Martin Corporation has a twelve month low of $437.25 and a twelve month high of $692.00. 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 $122.34 billion, a price-to-earnings ratio of 19.54, a PEG ratio of 1.14 and a beta of 0.10. The stock has a fifty day simple moving average of $556.35 and a 200 day simple moving average of $566.15.
Lockheed Martin (NYSE:LMT – Get Free Report) last announced its earnings results on Thursday, July 23rd. The aerospace company reported $7.94 EPS for the quarter, beating the consensus estimate of $7.22 by $0.72. The business had revenue of $20.06 billion for the quarter, compared to analysts’ expectations of $19.34 billion. Lockheed Martin had a return on equity of 91.42% and a net margin of 8.16%.The firm’s revenue was up 10.5% on a year-over-year basis. During the same period in the prior year, the business posted $1.46 earnings per share. Lockheed Martin has set its FY 2026 guidance at 29.950-30.650 EPS. Sell-side analysts expect that Lockheed Martin Corporation will post 30.39 EPS for the current year.
Lockheed Martin Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 25th. Stockholders of record on Tuesday, September 1st will be paid a $3.45 dividend. This represents a $13.80 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date of this dividend is Tuesday, September 1st. Lockheed Martin’s payout ratio is currently 50.87%.
Lockheed Martin Company Profile
Lockheed Martin Corporation is a global aerospace, defense and technology company that develops and produces systems for government and commercial customers, with the U.S. Department of Defense serving as its largest customer. Its principal business areas include Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space.
The company’s products and services include military aircraft such as the F-35 Lightning II, F-16 and C-130; air and missile defense systems; precision weapons; helicopters and maritime systems; radar, sensors and command-and-control technologies; satellites; space exploration systems; and missile-warning and strategic defense capabilities.
Lockheed Martin was created in 1995 through the merger of Lockheed Corporation and Martin Marietta.
Read More
- Five stocks we like better than Lockheed Martin
- AeroVironment’s Record Backlog and Earnings Beat Fuel Recovery Case
- Corning Just Locked In a Massive Verizon Fiber Deal as AI Infrastructure Expands
- 3 Under-$20 Stocks Tied to the Future of U.S. Energy and Materials
- Uncle Sam’s Quantum Leap: Feds Fund a $300M Quantum Supercycle
Want to see what other hedge funds are holding LMT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Lockheed Martin Corporation (NYSE:LMT – Free Report).
Receive News & Ratings for Lockheed Martin Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lockheed Martin and related companies with MarketBeat.com's FREE daily email newsletter.
