Leo Wealth LLC bought a new stake in Lockheed Martin Corporation (NYSE:LMT – Free Report) during the third quarter, according to its most recent disclosure with the SEC. The institutional investor bought 2,245 shares of the aerospace company’s stock, valued at approximately $1,143,000.
A number of other institutional investors and hedge funds also recently modified their holdings of LMT. IAG Wealth Partners LLC raised its stake in Lockheed Martin by 4,800.0% in the 1st quarter. IAG Wealth Partners LLC now owns 49 shares of the aerospace company’s stock valued at $30,000 after acquiring an additional 48 shares during the period. Burnham & Co LLC bought a new position in Lockheed Martin during the second quarter worth $25,000. Field & Main Bank bought a new position in Lockheed Martin during the second quarter worth $26,000. Kelleher Financial Advisors bought a new position in Lockheed Martin during the second quarter worth $29,000. Finally, Highland Investment Advisors LLC acquired a new position in shares of Lockheed Martin in the second quarter valued at $29,000. 74.19% of the stock is owned by institutional investors.
Lockheed Martin Trading Up 5.2%
LMT stock opened at $635.55 on Tuesday. Lockheed Martin Corporation has a 52 week low of $437.25 and a 52 week high of $692.00. The company 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’s 50-day simple moving average is $540.20 and its 200 day simple moving average is $566.17. The company has a debt-to-equity ratio of 2.04, a quick ratio of 1.10 and a current ratio of 1.26.
Lockheed Martin (NYSE:LMT – Get Free Report) last issued its quarterly earnings data on Thursday, October 22nd. The aerospace company reported $7.97 earnings per share for the quarter, topping 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 business had revenue of $20.71 billion during the quarter, compared to analysts’ expectations of $20.48 billion. During the same quarter in the previous year, the company earned $6.95 EPS. The business’s revenue was up 11.3% on a year-over-year basis. As a group, sell-side analysts anticipate that Lockheed Martin Corporation will post 30.51 earnings per share for the current year.
Lockheed Martin Increases Dividend
The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 31st. Stockholders of record on Tuesday, December 1st will be issued a dividend of $3.60 per share. This is a boost from Lockheed Martin’s previous quarterly dividend of $3.45. This represents a $14.40 annualized dividend and a dividend yield of 2.3%. The ex-dividend date of this dividend is Tuesday, December 1st. Lockheed Martin’s payout ratio is 51.15%.
Lockheed Martin News Roundup
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.
Wall Street Analyst Weigh In
Several brokerages have recently weighed in on LMT. Wall Street Zen lowered shares of Lockheed Martin from a “strong-buy” rating to a “buy” rating in a research report on Saturday, October 17th. Weiss Ratings upgraded shares of Lockheed Martin from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, October 9th. Citigroup lifted their target price on shares of Lockheed Martin from $691.00 to $706.00 and gave the stock a “buy” rating in a report on Friday. JPMorgan Chase & Co. upped their price target on shares of Lockheed Martin from $620.00 to $665.00 and gave the company a “neutral” rating in a research note on Monday. Finally, Rothschild & Co Redburn began coverage on shares of Lockheed Martin in a research note on Tuesday, October 6th. They issued a “buy” rating and a $650.00 price target on the stock. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Lockheed Martin currently has a consensus rating of “Moderate Buy” and an average price target of $638.05.
Check Out Our Latest Report on LMT
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.
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