Leo Wealth LLC Makes New $1.14 Million Investment in Lockheed Martin Corporation $LMT

Leo Wealth LLC acquired a new stake in Lockheed Martin Corporation (NYSE:LMT) in the 3rd quarter, Holdings Channel.com reports. The fund acquired 2,245 shares of the aerospace company’s stock, valued at approximately $1,143,000.

Other institutional investors have also recently modified their holdings of the company. State Street Corp increased its position in shares of Lockheed Martin by 1.3% in 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 Lockheed Martin in the second quarter valued at about $9,617,574,000. Corient Private Wealth LP acquired a new position in Lockheed Martin in the second quarter valued at about $101,960,000. Bank of New York Mellon Corp acquired a new position in Lockheed Martin in the second quarter valued at about $645,258,000. Finally, Legal & General Group Plc bought a new stake in Lockheed Martin during the second quarter worth about $497,469,000. 74.19% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on LMT shares. Rothschild & Co Redburn started coverage on shares of Lockheed Martin in a research note on Tuesday, October 6th. They set a “buy” rating and a $650.00 price objective on the stock. Sanford C. Bernstein dropped their target price on shares of Lockheed Martin from $629.00 to $564.00 and set a “market perform” rating for the company in a research report on Wednesday, October 14th. Citigroup boosted their target price on shares of Lockheed Martin from $691.00 to $706.00 and gave the company a “buy” rating in a research report on Friday. Jefferies Financial Group reaffirmed a “hold” rating and set a $615.00 price target on shares of Lockheed Martin in a report on Sunday. Finally, JPMorgan Chase & Co. increased their price target on shares of Lockheed Martin from $620.00 to $665.00 and gave the stock a “neutral” rating in a research report on Monday. One investment 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 company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $638.05.

Lockheed Martin Stock Performance

NYSE:LMT opened at $635.55 on Tuesday. The stock’s 50-day simple moving average is $540.20 and its 200 day simple moving average is $566.17. The firm has a market capitalization of $146.68 billion, a PE ratio of 22.58, a price-to-earnings-growth ratio of 1.29 and a beta of 0.09. The company has a quick ratio of 1.10, a current ratio of 1.26 and a debt-to-equity ratio of 2.04. Lockheed Martin Corporation has a twelve month low of $437.25 and a twelve month high of $692.00.

Lockheed Martin (NYSE:LMT) last released its earnings results on Thursday, October 22nd. The aerospace company reported $7.97 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $7.52 by $0.45. The firm had revenue of $20.71 billion for the quarter, compared to analysts’ expectations of $20.48 billion. Lockheed Martin had a return on equity of 83.41% and a net margin of 8.23%. The business’s revenue for the quarter was up 11.3% on a year-over-year basis. During the same quarter in the previous year, the business posted $6.95 earnings per share. On average, analysts anticipate that Lockheed Martin Corporation will post 30.51 EPS for the current fiscal year.

Lockheed Martin Increases Dividend

The business also recently declared 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. This represents a $14.40 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date is Tuesday, December 1st. This is an increase from Lockheed Martin’s previous quarterly dividend of $3.45. 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: Strong earnings and raised outlook: Third-quarter revenue rose approximately 11% year over year to nearly $20.7 billion, while earnings per share of $7.97 exceeded the $7.52 consensus estimate. Management raised its full-year outlook to as much as $82 billion in sales and approximately $8 billion in free cash flow. Lockheed Martin Q3 2026: Shattering 9-Month Expectations With A Record $292B Backlog
• Positive Sentiment: Record backlog supports future revenue: Total backlog expanded roughly 27% sequentially to $292 billion. A $52.5 billion multiyear PAC-3 interceptor award helped drive a sharp increase in the Missiles and Fire Control backlog, reflecting sustained demand for missile-defense systems. Lockheed Martin’s Record Backlog Comes With a Delivery Test
• Positive Sentiment: F-35 agreement reduces a key risk: Morgan Stanley upgraded LMT to Overweight and raised its price target to $835, citing a proposed framework for at least 850 F-35 aircraft at roughly 156 annually. The agreement could provide greater long-term production and cash-flow visibility, although it still requires congressional authorization and appropriations. Morgan Stanley Upgrades Lockheed Martin
• Positive Sentiment: Analyst support and shareholder returns: Three Wall Street analysts issued favorable reports, including JPMorgan’s price-target increase to $665. Lockheed also raised its quarterly dividend by $0.15 to $3.60 per share, extending its dividend-growth streak to 22 years. Why Lockheed Martin Stock Keeps Going Up
• Neutral Sentiment: Valuation and execution remain important: The stock’s valuation is above its five-year median, while the company is committing significant capital to expand F-35 production and has completed its $3.45 billion Ultra Maritime acquisition. Investors will be watching integration, supply-chain execution and the conversion of backlog into profitable deliveries.
• Negative Sentiment: Political and contract risks remain: The long-term F-35 framework is not yet a binding multiyear contract, and defense-budget negotiations could delay funding or alter production plans. The absence of share repurchases also limits a near-term capital-return catalyst.

About Lockheed Martin

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.