Morningstar Investment Management LLC increased its stake in Lockheed Martin Corporation (NYSE:LMT – Free Report) by 13.4% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 13,577 shares of the aerospace company’s stock after acquiring an additional 1,603 shares during the quarter. Morningstar Investment Management LLC’s holdings in Lockheed Martin were worth $8,206,000 at the end of the most recent reporting period.
Other institutional investors have also added to or reduced their stakes in the company. Charles Schwab Investment Management Inc. raised its holdings in Lockheed Martin by 1.3% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 8,638,936 shares of the aerospace company’s stock worth $4,178,399,000 after purchasing an additional 114,900 shares during the last quarter. Morgan Stanley lifted its holdings in Lockheed Martin by 10.1% in the fourth quarter. Morgan Stanley now owns 5,728,551 shares of the aerospace company’s stock valued at $2,770,729,000 after buying an additional 527,523 shares during the period. Franklin Resources Inc. grew its holdings in Lockheed Martin by 0.6% during the 4th quarter. Franklin Resources Inc. now owns 1,670,284 shares of the aerospace company’s stock worth $807,866,000 after acquiring an additional 10,349 shares during the period. Deutsche Bank AG raised its position in shares of Lockheed Martin by 7.4% in the 4th quarter. Deutsche Bank AG now owns 1,440,840 shares of the aerospace company’s stock worth $696,891,000 after acquiring an additional 99,403 shares in the last quarter. Finally, AQR Capital Management LLC raised its position in shares of Lockheed Martin by 107.3% in the 4th quarter. AQR Capital Management LLC now owns 1,293,823 shares of the aerospace company’s stock worth $625,784,000 after acquiring an additional 669,604 shares in the last quarter. 74.19% of the stock is currently owned by institutional investors.
Lockheed Martin Stock Performance
Shares of LMT opened at $582.73 on Friday. The firm has a market capitalization of $134.35 billion, a P/E ratio of 21.48, a P/E/G ratio of 1.01 and a beta of 0.11. Lockheed Martin Corporation has a 52 week low of $412.55 and a 52 week high of $692.00. The stock has a 50 day moving average price of $523.78 and a two-hundred day moving average price of $573.21. The company has a debt-to-equity ratio of 2.34, a quick ratio of 0.94 and a current ratio of 1.19.
Lockheed Martin Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Friday, September 25th. Investors of record on Tuesday, September 1st will be given a $3.45 dividend. This represents a $13.80 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date of this dividend is Tuesday, September 1st. Lockheed Martin’s dividend payout ratio is presently 50.87%.
Analysts Set New Price Targets
A number of brokerages have recently issued reports on LMT. Wells Fargo & Company set a $575.00 price objective on Lockheed Martin in a research note on Wednesday, July 8th. Citigroup upgraded shares of Lockheed Martin from a “neutral” rating to a “buy” rating and boosted their target price for the company from $571.00 to $582.00 in a research report on Wednesday, July 1st. Morgan Stanley raised their price target on shares of Lockheed Martin from $653.00 to $690.00 and gave the stock an “equal weight” rating in a report on Friday. DZ Bank raised Lockheed Martin from a “hold” rating to a “strong-buy” rating in a research note on Thursday, April 30th. Finally, Deutsche Bank Aktiengesellschaft cut their price target on Lockheed Martin from $615.00 to $575.00 and set a “hold” rating on the stock in a report on Friday, April 24th. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $624.94.
Read Our Latest Research Report on Lockheed Martin
Key Lockheed Martin News
Here are the key news stories impacting Lockheed Martin this week:
- Positive Sentiment: Lockheed beat Q2 expectations with EPS of $7.94 and revenue of $20.06 billion, helped by 10.5% year-over-year sales growth. Reuters: Lockheed Martin lifts 2026 forecasts as Pentagon seeks to restock weapons
- Positive Sentiment: The company raised 2026 guidance for both sales and earnings, signaling management confidence in sustained demand and improved execution. PR Newswire: Lockheed Martin Reports Second Quarter 2026 Financial Results
- Positive Sentiment: Backlog hit a record $230 billion, boosted by major contracts such as the $35 billion THAAD interceptor award, giving investors long-term revenue visibility. Yahoo Finance: Lockheed Martin Says Record Backlog Will Fuel Sales Growth for Years to Come
- Positive Sentiment: Management highlighted expanding munitions production and broader defense demand, which should support future growth as the Pentagon replenishes weapons stockpiles. WSJ: Lockheed Martin Raises Full-Year Outlook on Continued Expansion of Munitions Production
- Neutral Sentiment: Lockheed also unveiled new missile-defense technology and continued investing ahead of contract awards, a strategic move that could help growth but adds some execution risk. Benzinga: Lockheed Isn’t Waiting For Pentagon Orders Anymore
- Negative Sentiment: Some analysts still caution that execution needs to stay consistent, so future gains may depend on whether management can keep deliveries, margins, and production ramp-ups on track. Yahoo Finance: Lockheed Martin Posted Strong Q2 Results but Execution Remains Key, RBC Says
Lockheed Martin Company 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.
Featured Articles
- Five stocks we like better than Lockheed Martin
- AMD and Cerbras Create A New Blueprint For Hardware
- Intel Earnings Reveal Whether the Chip Selloff Created a Buy
- CrowdStrike’s Cerebras Deal Puts Its AI Security Strategy to the Test
- Plugging In: How Kinder Morgan Powers Up Profits
Receive News & Ratings for Lockheed Martin Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lockheed Martin and related companies with MarketBeat.com's FREE daily email newsletter.
