Performance Wealth Partners LLC Takes $2.53 Million Position in Lockheed Martin Corporation $LMT

Posted by George Bondi on Aug 18th, 2026

Performance Wealth Partners LLC purchased a new position in Lockheed Martin Corporation (NYSE:LMT – Free Report) during the second quarter, HoldingsChannel reports. The firm purchased 4,962 shares of the aerospace company’s stock, valued at approximately $2,528,000.

A number of other hedge funds also recently bought and sold shares of the company. Charles Schwab Investment Management Inc. boosted its holdings in shares of Lockheed Martin by 1.3% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 8,638,936 shares of the aerospace company’s stock worth $4,178,399,000 after buying an additional 114,900 shares during the last quarter. Morgan Stanley raised its position in Lockheed Martin by 10.1% in the fourth quarter. Morgan Stanley now owns 5,728,551 shares of the aerospace company’s stock worth $2,770,729,000 after acquiring an additional 527,523 shares during the period. Franklin Resources Inc. boosted its stake in shares of 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 last quarter. Deutsche Bank AG boosted its stake in shares of Lockheed Martin by 7.4% during 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 during the last quarter. Finally, AQR Capital Management LLC grew its position in shares of Lockheed Martin by 107.3% during the 4th quarter. AQR Capital Management LLC now owns 1,293,823 shares of the aerospace company’s stock valued at $625,784,000 after acquiring an additional 669,604 shares during the period. Hedge funds and other institutional investors own 74.19% of the company’s stock.

Lockheed Martin Stock Down 2.4%

LMT opened at $594.26 on Tuesday. The stock has a market cap of $137.15 billion, a price-to-earnings ratio of 21.90, a price-to-earnings-growth ratio of 1.04 and a beta of 0.10. The company has a debt-to-equity ratio of 2.34, a quick ratio of 1.01 and a current ratio of 1.19. The firm’s fifty day moving average is $544.00 and its 200 day moving average is $576.42. 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 – Get Free Report) last issued its quarterly earnings results 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. The business had revenue of $20.06 billion during the quarter, compared to analyst estimates of $19.34 billion. Lockheed Martin had a return on equity of 91.42% and a net margin of 8.16%.Lockheed Martin’s revenue for the quarter was up 10.5% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.46 EPS. Lockheed Martin has set its FY 2026 guidance at 29.950-30.650 EPS. On average, sell-side analysts forecast that Lockheed Martin Corporation will post 30.39 earnings per share for the current fiscal year.

Lockheed Martin Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 25th. Shareholders of record on Tuesday, September 1st will be paid a $3.45 dividend. This represents a $13.80 annualized dividend and a yield of 2.3%. The ex-dividend date is Tuesday, September 1st. Lockheed Martin’s dividend payout ratio is presently 50.87%.

Wall Street Analyst Weigh In

LMT has been the topic of a number of recent research reports. JPMorgan Chase & Co. decreased their target price on Lockheed Martin from $680.00 to $605.00 and set a “neutral” rating on the stock in a report on Tuesday, May 5th. Susquehanna cut their price target on Lockheed Martin from $740.00 to $700.00 and set a “positive” rating for the company in a report on Friday, April 24th. BNP Paribas Exane reduced their price target on Lockheed Martin from $770.00 to $680.00 and set an “outperform” rating for the company in a research report on Friday, April 24th. Robert W. Baird set a $700.00 price objective on Lockheed Martin in a research note on Friday, July 24th. Finally, Deutsche Bank Aktiengesellschaft lowered their price objective on Lockheed Martin from $615.00 to $575.00 and set a “hold” rating on the stock in a research report on Friday, April 24th. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $632.39.

Get Our Latest Analysis on LMT

About Lockheed Martin

(Free Report)

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.