First National Bank of Omaha purchased a new position in Lockheed Martin Corporation (NYSE:LMT – Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 8,546 shares of the aerospace company’s stock, valued at approximately $4,329,000.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in LMT. BlackRock Inc. bought a new position in Lockheed Martin in the second quarter worth about $9,617,574,000. Bank of New York Mellon Corp bought a new stake in shares of Lockheed Martin in the 2nd quarter valued at about $645,258,000. Diamant Asset Management Inc. grew its position in shares of Lockheed Martin by 60,339.0% in the 1st quarter. Diamant Asset Management Inc. now owns 879,387 shares of the aerospace company’s stock worth $531,493,000 after buying an additional 877,932 shares during the last quarter. AQR Capital Management LLC raised its stake 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 worth $625,784,000 after acquiring an additional 669,604 shares in the last quarter. Finally, Deutsche Bank AG bought a new position in shares of Lockheed Martin during the 2nd quarter worth approximately $274,558,000. Hedge funds and other institutional investors own 74.19% of the company’s stock.
Lockheed Martin Stock Up 2.5%
NYSE:LMT opened at $608.30 on Wednesday. The company has a current ratio of 1.19, a quick ratio of 1.01 and a debt-to-equity ratio of 2.34. Lockheed Martin Corporation has a twelve month low of $437.25 and a twelve month high of $692.00. The company has a market cap of $140.39 billion, a PE ratio of 22.42, a P/E/G ratio of 1.04 and a beta of 0.10. The company’s 50 day moving average is $545.57 and its two-hundred day moving average is $576.49.
Lockheed Martin Announces Dividend
The company also recently announced 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 annualized dividend and a dividend yield of 2.3%. The ex-dividend date of this dividend is Tuesday, September 1st. Lockheed Martin’s dividend payout ratio is presently 50.87%.
Key Headlines Impacting Lockheed Martin
Here are the key news stories impacting Lockheed Martin this week:
- Positive Sentiment: The U.S. Department of Defense awarded Lockheed Martin multiple contracts worth more than $152 million. The awards are part of a broader Air Force effort involving 24 companies and up to $920 million, reinforcing demand for LMT’s defense systems and adding to its backlog. Lockheed Wins Slew Of Contracts. Air Force Doles Out $920 Mil Award.
- Positive Sentiment: Lockheed Martin validated the first Japanese Aegis System Equipped Vessel radar shipset. The milestone supports the company’s international naval-defense franchise and could improve confidence in future export and modernization opportunities. Lockheed Martin Validates First Japanese ASEV Radar Shipset
- Positive Sentiment: A major competitor, RTX Corporation, won a $22.9 billion, seven-year Navy Tomahawk contract and raised its 2026 guidance after beating second-quarter estimates. While the award goes to RTX, it highlights strong, multi-year U.S. defense spending and supports a favorable sector backdrop for LMT. RTX Stock Gets a Radar Lock on a $23B Navy Win
- Neutral Sentiment: Articles examining LMT’s valuation and performance relative to the S&P 500 suggest investors are weighing its strong defense outlook against the possibility that the shares already reflect much of the expected growth. Lockheed Martin: Is the Valuation Gap Getting Wider? What Comes Next for Lockheed Martin vs S&P 500?
- Negative Sentiment: United Launch Alliance, the Boeing-Lockheed joint venture, appointed Mark Peller as CEO after an extended interim period amid challenges surrounding its Vulcan rocket program. Leadership stability is constructive, but the reported program difficulties could keep pressure on LMT’s space-launch exposure. United Launch Alliance Names New CEO Amid Vulcan Rocket Travails
Wall Street Analysts Forecast Growth
Several equities research analysts have weighed in on LMT shares. Citigroup raised their target price on shares of Lockheed Martin from $641.00 to $691.00 and gave the company a “buy” rating in a research note on Thursday, August 13th. Morgan Stanley upped their price target on Lockheed Martin from $653.00 to $690.00 and gave the stock an “equal weight” rating in a research report on Friday, July 24th. Royal Bank Of Canada increased their price objective on Lockheed Martin from $575.00 to $600.00 and gave the company a “sector perform” rating in a report on Friday, July 24th. Jefferies Financial Group reissued a “hold” rating on shares of Lockheed Martin in a research report on Sunday, July 26th. Finally, Susquehanna dropped their target price on Lockheed Martin from $740.00 to $700.00 and set a “positive” rating on the stock in a research note on Friday, April 24th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $632.39.
Read Our Latest Analysis on Lockheed Martin
About Lockheed Martin
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
- The AI Boom Is Turning This Cable Maker Into a Stock to Watch
- A Star Investor Just Trimmed Amazon—Here’s What It means
- Wendy’s Deal Buzz May Give Fast-Food Investors a New Reason to Look
- Home Depot Analysts See a Path to $375 and Beyond
Want to see what other hedge funds are holding LMT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Lockheed Martin Corporation (NYSE:LMT – Free Report).
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.
