Gables Capital Management Inc. bought a new stake in shares of Lockheed Martin Corporation (NYSE:LMT – Free Report) during the second quarter, Holdings Channel reports. The institutional investor bought 1,964 shares of the aerospace company’s stock, valued at approximately $1,001,000.
Several other institutional investors and hedge funds have also bought and sold shares of the stock. Oxbow Advisors LLC acquired a new position in shares of Lockheed Martin during the second quarter valued at about $2,978,000. Investmark Advisory Group LLC bought a new position in shares of Lockheed Martin in the 2nd quarter worth $2,956,000. Wealthfront Advisers LLC bought a new position in shares of Lockheed Martin in the 2nd quarter worth $13,889,000. Global Strategic Investment Solutions LLC acquired a new stake in Lockheed Martin in the 2nd quarter valued at $226,000. Finally, Foster & Motley Inc. acquired a new stake in Lockheed Martin in the 2nd quarter valued at $1,194,000. 74.19% of the stock is owned by institutional investors.
Wall Street Analyst Weigh In
Several research analysts have weighed in on LMT shares. Deutsche Bank Aktiengesellschaft lowered their price objective on shares of Lockheed Martin from $615.00 to $575.00 and set a “hold” rating on the stock in a report on Friday, April 24th. Bank of America lowered their target price on shares of Lockheed Martin from $660.00 to $600.00 and set a “neutral” rating on the stock in a report on Friday, April 24th. Royal Bank Of Canada lifted their price target on Lockheed Martin from $575.00 to $600.00 and gave the company a “sector perform” rating in a research note on Friday, July 24th. Sanford C. Bernstein reissued a “market perform” rating on shares of Lockheed Martin in a research note on Friday, May 29th. Finally, BNP Paribas Exane cut their target price on Lockheed Martin from $770.00 to $680.00 and set an “outperform” rating on the stock in a research report on Friday, April 24th. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus target price of $632.39.
Lockheed Martin Stock Performance
Shares of LMT stock opened at $608.30 on Wednesday. The company has a debt-to-equity ratio of 2.34, a current ratio of 1.19 and a quick ratio of 1.01. The firm has a 50-day moving average of $545.57 and a 200-day moving average of $576.49. Lockheed Martin Corporation has a one year low of $437.25 and a one year high of $692.00. The company has a market cap of $140.39 billion, a P/E ratio of 22.42, a P/E/G ratio of 1.04 and a beta of 0.10.
Lockheed Martin (NYSE:LMT – Get Free Report) last released its quarterly earnings results on Thursday, July 23rd. The aerospace company reported $7.94 earnings per share for the quarter, topping the consensus estimate 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 for the quarter, compared to analysts’ expectations of $19.34 billion. During the same period in the previous year, the company earned $1.46 earnings per share. The firm’s revenue for the quarter 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. Equities research analysts forecast that Lockheed Martin Corporation will post 30.39 EPS 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. Investors of record on Tuesday, September 1st will be issued a dividend of $3.45 per share. This represents a $13.80 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date is Tuesday, September 1st. Lockheed Martin’s dividend payout ratio (DPR) is 50.87%.
Trending Headlines about 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
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.
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