1,126 Lockheed Martin Corporation $LMT Shares Acquired by WASHINGTON TRUST Co

WASHINGTON TRUST Co raised its holdings in shares of Lockheed Martin Corporation (NYSE:LMT) by 4.1% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 28,738 shares of the aerospace company’s stock after purchasing an additional 1,126 shares during the quarter. WASHINGTON TRUST Co’s holdings in Lockheed Martin were worth $14,635,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. BlackRock Inc. bought a new position in shares of Lockheed Martin in the second quarter valued at $9,617,574,000. Corient Private Wealth LP bought a new stake in shares of Lockheed Martin during the second quarter worth about $101,960,000. Bank of New York Mellon Corp bought a new stake in shares of Lockheed Martin during the second quarter worth about $645,258,000. Legal & General Group Plc acquired a new stake in shares of Lockheed Martin in the 2nd quarter worth about $497,469,000. Finally, Diamant Asset Management Inc. raised its holdings in shares of Lockheed Martin by 60,339.0% in the 1st quarter. Diamant Asset Management Inc. now owns 879,387 shares of the aerospace company’s stock worth $531,493,000 after acquiring an additional 877,932 shares during the last quarter. Institutional investors and hedge funds own 74.19% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on LMT shares. Barclays raised their price target on shares of Lockheed Martin from $554.00 to $560.00 and gave the company an “equal weight” rating in a research report on Friday. TD Cowen lowered their price objective on Lockheed Martin from $600.00 to $570.00 and set a “hold” rating for the company in a research note on Friday, October 9th. Vertical Research raised Lockheed Martin from a “hold” rating to a “buy” rating and set a $600.00 price objective for the company in a research note on Wednesday, October 14th. Rothschild & Co Redburn began coverage on Lockheed Martin in a research report on Tuesday, October 6th. They set a “buy” rating and a $650.00 target price on the stock. Finally, Wells Fargo & Company set a $600.00 target price on Lockheed Martin in a research report on Monday, July 27th. One 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 given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $632.33.

Lockheed Martin Stock Up 2.5%

Shares of LMT traded up $14.96 during trading hours on Friday, reaching $604.87. 1,815,661 shares of the stock traded hands, compared to its average volume of 1,258,523. Lockheed Martin Corporation has a 52 week low of $437.25 and a 52 week high of $692.00. The company has a market cap of $139.60 billion, a price-to-earnings ratio of 21.49, a PEG ratio of 1.27 and a beta of 0.09. The stock has a fifty day simple moving average of $538.52 and a 200 day simple moving average of $542.30. The company has a current ratio of 1.26, a quick ratio of 1.01 and a debt-to-equity ratio of 2.04.

Lockheed Martin (NYSE:LMT) last posted its quarterly earnings data on Thursday, October 22nd. The aerospace company reported $7.97 EPS for the quarter, beating the consensus estimate of $7.52 by $0.45. Lockheed Martin had a net margin of 8.23% and a return on equity of 83.41%. The firm had revenue of $20.71 billion during the quarter, compared to analyst estimates of $20.48 billion. During the same quarter last year, the business posted $6.95 EPS. The company’s revenue for the quarter was up 11.3% on a year-over-year basis. On average, equities analysts forecast that Lockheed Martin Corporation will post 30.49 EPS for the current year.

Lockheed Martin Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 31st. Investors of record on Tuesday, December 1st will be issued a dividend of $3.60 per share. This represents a $14.40 dividend on an annualized basis and a yield of 2.4%. This is an increase from Lockheed Martin’s previous quarterly dividend of $3.45. The ex-dividend date is Tuesday, December 1st. Lockheed Martin’s dividend payout ratio is 51.15%.

Trending Headlines about Lockheed Martin

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

• Positive Sentiment: Q3 beat and raised outlook: Lockheed reported adjusted EPS of $7.97 versus the $7.52 consensus, while revenue rose 11.3% year over year to $20.71 billion. Management now expects 2026 sales of $80 billion-$82 billion and EPS of $30.35-$30.75. Lockheed Martin Reports Third Quarter 2026 Financial Results
• Positive Sentiment: Record backlog supports future revenue: Total backlog reached approximately $292 billion, up sharply from the prior quarter, with much of the increase coming from PAC-3 and THAAD missile-defense orders. Missiles and Fire Control sales grew 24% as production accelerated, strengthening visibility into long-term growth. Lockheed Martin’s Record $292 Billion Backlog Comes With a Delivery Test
• Positive Sentiment: Long-term F-35 commitment: The Pentagon and Lockheed announced an initial framework for producing 850 F-35 aircraft over 10 years. The agreement provides greater production visibility and could improve supply-chain efficiency, although Lockheed will invest about $7 billion in supporting projects. Pentagon, Lockheed announce agreement for 850 F-35 jets
• Positive Sentiment: Cash flow and shareholder returns: Lockheed raised its 2026 free-cash-flow outlook to roughly $7.8 billion-$8.0 billion and recently increased its quarterly dividend 4.4% to $3.60 per share. Lockheed Martin, Interactive Brokers, AEP Hike Dividends on Strong Growth
• Neutral Sentiment: Industry forecasts point to strong growth in defense electronics and land-based C4ISR, potentially expanding Lockheed Martin’s addressable market, but these reports are third-party projections rather than new company contracts.
• Negative Sentiment: Execution and funding risks remain: The backlog must be converted into deliveries and cash. F-35 deliveries fell year over year, and Lockheed said spending on the Lot 20 advance contract has exceeded currently authorized funding. Higher contract assets and supply-chain constraints could also delay cash collection or pressure margins. Lockheed is spending its own money before Washington signs off

Lockheed Martin Profile

Lockheed Martin Corporation is a global security and aerospace company headquartered in Bethesda, Maryland. Formed in 1995 through the merger of Lockheed Corporation and Martin Marietta, the company develops and produces advanced defense, aerospace, and technology systems for government and commercial customers.

Its principal business areas include Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space. Products and services include military aircraft such as the F-35 Lightning II, C-130 Hercules, and F-16 Fighting Falcon; missile-defense and precision-strike systems; helicopters and naval systems; command, control, communications, and intelligence technologies; satellites; space exploration systems; and other classified space and defense programs.

Lockheed Martin serves the U.S.