Lockheed Martin Corporation $LMT Stock: SteelPeak Wealth LLC Decreases Stake

SteelPeak Wealth LLC reduced its stake in Lockheed Martin Corporation (NYSE:LMT) by 68.2% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 738 shares of the aerospace company’s stock after selling 1,586 shares during the quarter. SteelPeak Wealth LLC’s holdings in Lockheed Martin were worth $376,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the stock. Norris Financial Group LLC purchased a new position in Lockheed Martin during the first quarter worth about $2,321,000. Legal Advantage Investments Inc. bought a new stake in Lockheed Martin in the 1st quarter worth about $1,451,000. CX Institutional increased its stake in Lockheed Martin by 527.4% in the 3rd quarter. CX Institutional now owns 18,415 shares of the aerospace company’s stock valued at $9,378,000 after buying an additional 15,480 shares during the last quarter. Talon Private Wealth LLC purchased a new stake in Lockheed Martin in the 1st quarter valued at about $3,743,000. Finally, Meeder Asset Management Inc. purchased a new stake in Lockheed Martin in the 2nd quarter valued at about $11,036,000. 74.19% of the stock is currently owned by institutional investors.

Lockheed Martin Price Performance

Shares of NYSE:LMT opened at $548.92 on Wednesday. The company has a market capitalization of $126.69 billion, a P/E ratio of 20.23, a price-to-earnings-growth ratio of 1.19 and a beta of 0.09. The company’s 50-day moving average is $539.88 and its 200 day moving average is $542.60. The company has a debt-to-equity ratio of 2.34, a quick ratio of 1.01 and a current ratio of 1.19. Lockheed Martin Corporation has a fifty-two week low of $437.25 and a fifty-two week high of $692.00.

Lockheed Martin (NYSE:LMT) last posted its quarterly earnings data on Thursday, July 23rd. The aerospace company reported $7.94 earnings per share (EPS) for the quarter, topping 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 business had revenue of $20.06 billion during the quarter, compared to the consensus estimate of $19.34 billion. During the same quarter last year, the company posted $1.46 earnings per share. The firm’s quarterly revenue was up 10.5% compared to the same quarter last year. Lockheed Martin has set its FY 2026 guidance at 29.950-30.650 EPS. On average, equities research analysts forecast that Lockheed Martin Corporation will post 30.44 earnings per share for the current year.

Lockheed Martin Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 31st. Stockholders of record on Tuesday, December 1st will be given a dividend of $3.60 per share. The ex-dividend date of this dividend is Tuesday, December 1st. This represents a $14.40 dividend on an annualized basis and a dividend yield of 2.6%. This is an increase from Lockheed Martin’s previous quarterly dividend of $3.45. Lockheed Martin’s payout ratio is currently 53.08%.

Analysts Set New Price Targets

LMT has been the topic of several recent analyst reports. Rothschild & Co Redburn started coverage on shares of Lockheed Martin in a research report on Tuesday, October 6th. They set a “buy” rating and a $650.00 target price on the stock. Royal Bank Of Canada reduced their target price on Lockheed Martin from $600.00 to $550.00 and set a “sector perform” rating for the company in a report on Thursday, October 15th. Sanford C. Bernstein decreased their price target on 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. Vertical Research raised Lockheed Martin from a “hold” rating to a “buy” rating and set a $600.00 price target for the company in a research report on Wednesday, October 14th. Finally, TD Cowen dropped their price target on Lockheed Martin from $600.00 to $570.00 and set a “hold” rating on the stock in a report on Friday, October 9th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Lockheed Martin presently has a consensus rating of “Moderate Buy” and a consensus price target of $627.10.

More Lockheed Martin News

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

• Positive Sentiment: New Army contracts support demand visibility. A Lockheed Martin–RTX joint venture won a $215 million U.S. Army contract for Javelin launchers, while Lockheed secured a separate $117.1 million Apache helicopter radar-support award. These deals reinforce the company’s backlog and recurring sustainment revenue. RTX and Lockheed Martin Javelin contract article Apache radar-support contract article
• Positive Sentiment: Missile-defense and munitions capacity remain strategic growth areas. Lockheed detailed the first Spike NLOS missile shots from the Army’s ISV-U platform, while a new Hadrian manufacturing arrangement is intended to expand munitions production. Separately, Karman Space & Defense announced a seven-year, $218 million agreement to supply THAAD shrouds to Lockheed, highlighting sustained demand for the missile-defense program. Spike NLOS testing article Lockheed and Hadrian munitions article Karman THAAD agreement article
• Positive Sentiment: Patriot demand could provide additional upside. Ukrainian President Volodymyr Zelenskiy discussed accelerating Patriot deliveries with Lockheed, potentially supporting production volumes and reinforcing the company’s role in allied air defense. Ukraine Patriot supplies article
• Neutral Sentiment: Investors are focused on the upcoming third-quarter report. Analysts are watching F-35 deliveries, backlog conversion and key operating metrics for evidence that strong defense demand is translating into revenue and cash flow. Lockheed earnings preview
• Neutral Sentiment: Cash generation is attractive but may signal investor caution. Lockheed’s reported free-cash-flow yield of 6.9% exceeds the S&P 500 median, supporting dividends and buybacks, although the discount may reflect expectations for slower growth. Lockheed cash-yield analysis
• Negative Sentiment: Political and competitive risks are weighing on sentiment. Analysts cite U.S. political uncertainty and rising competition, while new rare-earth sourcing rules could increase supply-chain costs beginning in 2027. The stock’s decline from its March peak and a potentially unfavorable technical pattern add to near-term caution. Lockheed risk analysis Rare-earth rules article

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.