Sequoia Financial Advisors LLC Raises Stock Position in Lockheed Martin Corporation $LMT

Sequoia Financial Advisors LLC lifted its holdings in Lockheed Martin Corporation (NYSE:LMT) by 6.9% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 22,606 shares of the aerospace company’s stock after buying an additional 1,465 shares during the period. Sequoia Financial Advisors LLC’s holdings in Lockheed Martin were worth $11,517,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in LMT. Basso Capital Management L.P. purchased a new stake in shares of Lockheed Martin during the 4th quarter worth $25,000. Burnham & Co LLC bought a new position in shares of Lockheed Martin during the 2nd quarter worth approximately $25,000. United Financial Planning Group LLC purchased a new stake in Lockheed Martin during the third quarter valued at approximately $25,000. Clarity Asset Management Inc. acquired a new stake in Lockheed Martin in the fourth quarter valued at approximately $26,000. Finally, Field & Main Bank purchased a new position in Lockheed Martin in the second quarter worth $26,000. 74.19% of the stock is currently owned by hedge funds and other institutional investors.

Lockheed Martin Stock Up 1.1%

NYSE:LMT opened at $530.10 on Friday. The firm has a market capitalization of $122.34 billion, a P/E ratio of 19.54, a PEG ratio of 1.14 and a beta of 0.10. Lockheed Martin Corporation has a 1-year low of $437.25 and a 1-year high of $692.00. The company’s fifty day moving average price is $556.35 and its 200-day moving average price is $566.15. The company has a debt-to-equity ratio of 2.34, a current ratio of 1.19 and a quick ratio of 1.01.

Lockheed Martin (NYSE:LMT) last posted its earnings results on Thursday, July 23rd. The aerospace company reported $7.94 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $7.22 by $0.72. Lockheed Martin had a net margin of 8.16% and a return on equity of 91.42%. The company had revenue of $20.06 billion during the quarter, compared to the consensus estimate of $19.34 billion. During the same period in the previous year, the firm posted $1.46 earnings per share. The firm’s quarterly revenue was up 10.5% on a year-over-year basis. Lockheed Martin has set its FY 2026 guidance at 29.950-30.650 EPS. As a group, equities research analysts anticipate that Lockheed Martin Corporation will post 30.39 EPS for the current year.

Lockheed Martin Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, September 25th. Investors of record on Tuesday, September 1st will be issued a dividend of $3.45 per share. This represents a $13.80 annualized dividend and a yield of 2.6%. The ex-dividend date of this dividend is Tuesday, September 1st. Lockheed Martin’s dividend payout ratio (DPR) is 50.87%.

Trending Headlines about Lockheed Martin

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.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on LMT shares. Robert W. Baird set a $700.00 price objective on Lockheed Martin in a research report on Friday, July 24th. Citigroup increased their price target on Lockheed Martin from $641.00 to $691.00 and gave the company a “buy” rating in a research note on Thursday, August 13th. Morgan Stanley boosted their price target on Lockheed Martin from $653.00 to $690.00 and gave the stock an “equal weight” rating in a research note on Friday, July 24th. Wells Fargo & Company set a $600.00 price objective on shares of Lockheed Martin in a research report on Monday, July 27th. Finally, TD Cowen lowered their target price on shares of Lockheed Martin from $600.00 to $560.00 and set a “hold” rating for the company in a research note on Monday, July 13th. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Lockheed Martin has an average rating of “Hold” and a consensus price target of $637.56.

Lockheed Martin 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.