Deutsche Bank AG Acquires 99,403 Shares of Lockheed Martin Corporation $LMT

Deutsche Bank AG increased its holdings in Lockheed Martin Corporation (NYSE:LMT) by 7.4% during the 4th quarter, HoldingsChannel reports. The firm owned 1,440,840 shares of the aerospace company’s stock after buying an additional 99,403 shares during the period. Deutsche Bank AG’s holdings in Lockheed Martin were worth $696,891,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the business. Wellington Management Group LLP increased its position in Lockheed Martin by 3.4% in the third quarter. Wellington Management Group LLP now owns 2,384,753 shares of the aerospace company’s stock worth $1,190,493,000 after purchasing an additional 79,491 shares during the last quarter. Invesco Ltd. increased its position in Lockheed Martin by 4.2% in the third quarter. Invesco Ltd. now owns 2,196,058 shares of the aerospace company’s stock worth $1,096,294,000 after purchasing an additional 87,663 shares during the last quarter. Franklin Resources Inc. increased its position in Lockheed Martin by 0.6% in the fourth quarter. Franklin Resources Inc. now owns 1,670,284 shares of the aerospace company’s stock worth $807,866,000 after purchasing an additional 10,349 shares during the last quarter. Legal & General Group Plc increased its position in Lockheed Martin by 6.6% in the third quarter. Legal & General Group Plc now owns 1,022,940 shares of the aerospace company’s stock worth $510,662,000 after purchasing an additional 63,430 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in Lockheed Martin by 41.3% in the third quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 808,409 shares of the aerospace company’s stock worth $403,534,000 after purchasing an additional 236,137 shares during the last quarter. Institutional investors own 74.19% of the company’s stock.

Lockheed Martin News Roundup

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

• Positive Sentiment: Lockheed Martin won a $153.9 million deal for long-lead parts for 11 F-35 aircraft, adding to its backlog and supporting near-term revenue visibility. Lockheed Martin wins $153.9M deal for 11 F-35 aircraft long-lead parts
• Positive Sentiment: The company also completed a live-fire counter-drone test using a containerized Joint-Air-to-Ground Missile system, highlighting new capabilities in a fast-growing defense area. Lockheed Martin Counter Drone Breakthrough Tested As Governance Questions Rise
• Positive Sentiment: Lockheed Martin cleared a key PrSM Increment 4 propulsion test, which could expand its long-range missile offerings and improve production efficiency if development stays on track. Is Lockheed Martin Expanding Its Long-Range Missile Capabilities?
• Positive Sentiment: Lockheed Martin was selected to provide satellite communications support for NOAA’s next-generation Hurricane Hunter aircraft through Viasat, another incremental business win. Viasat (VSAT) Selected by Lockheed Martin to Provide Satellite Communications for NOAA’s Hurricane Hunter Aircraft
• Neutral Sentiment: Lockheed Martin was mentioned alongside other aerospace and space names in market commentary tied to broader sector attention, but this does not materially change the company’s fundamentals. Zacks Investment Ideas feature highlights: Rocket Lab, AST SpaceMobile, Intuitive Machines, Planet Labs, Lockheed Martin and L3Harris
• Negative Sentiment: A law firm launched an investigation into Lockheed Martin over alleged misleading statements tied to contract losses, disclosures, and governance practices, which could weigh on sentiment if it escalates. Lockheed Martin Counter Drone Breakthrough Tested As Governance Questions Rise

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on LMT. Sanford C. Bernstein restated a “market perform” rating on shares of Lockheed Martin in a research report on Friday, May 29th. Wells Fargo & Company began coverage on shares of Lockheed Martin in a research report on Wednesday, April 1st. They issued an “equal weight” rating and a $650.00 price target on the stock. Morgan Stanley cut their target price on Lockheed Martin from $675.00 to $653.00 and set an “equal weight” rating on the stock in a research report on Friday, April 24th. Bank of America cut their target price on Lockheed Martin from $660.00 to $600.00 and set a “neutral” rating on the stock in a research report on Friday, April 24th. Finally, JPMorgan Chase & Co. cut their target price on Lockheed Martin from $680.00 to $605.00 and set a “neutral” rating on the stock in a research report on Tuesday, May 5th. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Lockheed Martin has an average rating of “Hold” and a consensus price target of $620.68.

Lockheed Martin Stock Performance

NYSE LMT opened at $529.73 on Wednesday. The company has a market cap of $122.14 billion, a P/E ratio of 25.65, a P/E/G ratio of 0.94 and a beta of 0.10. The company has a debt-to-equity ratio of 2.74, a quick ratio of 0.94 and a current ratio of 1.14. The business’s 50 day moving average price is $552.24 and its 200-day moving average price is $561.54. Lockheed Martin Corporation has a fifty-two week low of $410.11 and a fifty-two week high of $692.00.

Lockheed Martin (NYSE:LMT) last announced its quarterly earnings data on Thursday, April 23rd. The aerospace company reported $6.44 EPS for the quarter, missing the consensus estimate of $6.79 by ($0.35). The business had revenue of $18.02 billion during the quarter, compared to the consensus estimate of $18.38 billion. Lockheed Martin had a net margin of 6.38% and a return on equity of 101.64%. The business’s revenue was up .3% compared to the same quarter last year. During the same period last year, the company earned $7.28 EPS. Lockheed Martin has set its FY 2026 guidance at 29.350-30.250 EPS. Sell-side analysts predict that Lockheed Martin Corporation will post 29.88 earnings per share for the current year.

Lockheed Martin Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 26th. Shareholders of record on Monday, June 1st will be given a $3.45 dividend. This represents a $13.80 annualized dividend and a yield of 2.6%. The ex-dividend date of this dividend is Monday, June 1st. Lockheed Martin’s dividend payout ratio is 66.83%.

Lockheed Martin Profile

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.