U S Wealth Group LLC. increased its stake in shares of Lockheed Martin Corporation (NYSE:LMT – Free Report) by 14.8% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,555 shares of the aerospace company’s stock after buying an additional 973 shares during the quarter. Lockheed Martin accounts for 1.9% of U S Wealth Group LLC.’s investment portfolio, making the stock its 16th largest holding. U S Wealth Group LLC.’s holdings in Lockheed Martin were worth $3,849,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors have also recently made changes to their positions in LMT. Davis R M Inc. lifted its position in shares of Lockheed Martin by 1.3% during the fourth quarter. Davis R M Inc. now owns 1,264 shares of the aerospace company’s stock valued at $612,000 after purchasing an additional 16 shares in the last quarter. Aspire Growth Partners LLC boosted its holdings in shares of Lockheed Martin by 0.7% in the 4th quarter. Aspire Growth Partners LLC now owns 2,515 shares of the aerospace company’s stock worth $1,217,000 after buying an additional 17 shares during the last quarter. Insigneo Advisory Services LLC grew its position in Lockheed Martin by 0.6% during the fourth quarter. Insigneo Advisory Services LLC now owns 2,884 shares of the aerospace company’s stock valued at $1,395,000 after buying an additional 17 shares during the period. Sandy Cove Advisors LLC increased its holdings in Lockheed Martin by 4.4% during the fourth quarter. Sandy Cove Advisors LLC now owns 430 shares of the aerospace company’s stock worth $208,000 after buying an additional 18 shares during the last quarter. Finally, Stonebridge Financial Group LLC MO boosted its stake in Lockheed Martin by 2.8% in the first quarter. Stonebridge Financial Group LLC MO now owns 658 shares of the aerospace company’s stock valued at $397,000 after acquiring an additional 18 shares during the last quarter. Institutional investors own 74.19% of the company’s stock.
Key Stories Impacting Lockheed Martin
Here are the key news stories impacting Lockheed Martin this week:
- Positive Sentiment: UBS upgraded Lockheed Martin, citing a structural increase in defense demand. The shift toward rebuilding missile inventories and expanding military capabilities could support multi-year revenue growth. UBS sees a structural shift building at Lockheed Martin
- Positive Sentiment: European support for Ukraine’s purchase of Patriot air-defense systems could benefit Lockheed Martin. Continued replenishment of Western missile stockpiles may increase demand for the company’s missile and air-defense products. Lockheed Poised to Benefit as EU Approves Ukraine’s Purchase of Patriot Missiles
- Positive Sentiment: Lockheed Martin and IBM announced a Swiss quantum-computing innovation hub. The project, connected to Switzerland’s F-35 procurement offset obligations, gives Lockheed access to research in autonomous navigation, quantum sensing and advanced materials. The initiative is strategically positive, although financial benefits are likely long term. IBM, Lockheed Martin Announce Swiss Quantum Innovation Hub
- Neutral Sentiment: Management is scheduled to speak at Morgan Stanley’s Laguna Conference. Investors may look for updates on defense demand, production execution, capital allocation and full-year guidance, but the event itself does not change fundamentals. Lockheed Martin executives to speak at Morgan Stanley conference
- Neutral Sentiment: Value-focused commentary highlights LMT’s approximately 2.6% dividend yield and roughly 17.6 forward earnings multiple. The valuation may appeal to long-term investors, while the defense industry’s transition toward newer technologies could require changes to Lockheed’s traditional business model. Lockheed Martin valuation and industry outlook
- Negative Sentiment: Investors remain concerned about fixed-price contracts and political scrutiny. Cost overruns or contract pressure could squeeze margins, particularly while Lockheed is adapting to changing defense procurement priorities.
Lockheed Martin Price Performance
Lockheed Martin (NYSE:LMT – Get Free Report) last announced its earnings results on Thursday, July 23rd. The aerospace company reported $7.94 earnings per share for the quarter, topping analysts’ consensus estimates of $7.22 by $0.72. The business had revenue of $20.06 billion for 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%.The company’s quarterly revenue was up 10.5% compared to the same quarter last year. During the same period in the prior year, the company earned $1.46 EPS. Lockheed Martin has set its FY 2026 guidance at 29.950-30.650 EPS. On average, research analysts expect that Lockheed Martin Corporation will post 30.39 EPS for the current fiscal year.
Lockheed Martin Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Friday, September 25th. Shareholders of record on Tuesday, September 1st will be given a dividend of $3.45 per share. The ex-dividend date is Tuesday, September 1st. This represents a $13.80 annualized dividend and a yield of 2.6%. Lockheed Martin’s payout ratio is presently 50.87%.
Analyst Ratings Changes
A number of equities research analysts recently commented on the stock. Citigroup lifted their price target on shares of Lockheed Martin from $641.00 to $691.00 and gave the stock a “buy” rating in a report on Thursday, August 13th. TD Cowen lowered their target price on Lockheed Martin from $600.00 to $560.00 and set a “hold” rating on the stock in a research note on Monday, July 13th. Morgan Stanley increased their price target on Lockheed Martin from $653.00 to $690.00 and gave the stock an “equal weight” rating in a research note on Friday, July 24th. Robert W. Baird set a $700.00 target price on shares of Lockheed Martin in a research note on Friday, July 24th. Finally, Sanford C. Bernstein reaffirmed a “market perform” rating on shares of Lockheed Martin in a report on Friday, May 29th. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $637.56.
View Our Latest Analysis on Lockheed Martin
Lockheed Martin Profile
Lockheed Martin Corporation is a global aerospace, defense and technology company that develops and produces systems for government and commercial customers, with the U.S. Department of Defense serving as its largest customer. Its principal business areas include Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space.
The company’s products and services include military aircraft such as the F-35 Lightning II, F-16 and C-130; air and missile defense systems; precision weapons; helicopters and maritime systems; radar, sensors and command-and-control technologies; satellites; space exploration systems; and missile-warning and strategic defense capabilities.
Lockheed Martin was created in 1995 through the merger of Lockheed Corporation and Martin Marietta.
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