Prime Capital Investment Advisors LLC grew its stake in shares of Lockheed Martin Corporation (NYSE:LMT – Free Report) by 10.3% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 11,507 shares of the aerospace company’s stock after buying an additional 1,070 shares during the quarter. Prime Capital Investment Advisors LLC’s holdings in Lockheed Martin were worth $5,860,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors have also modified their holdings of LMT. State Street Corp grew its holdings in shares of Lockheed Martin by 1.3% in the 2nd quarter. State Street Corp now owns 32,975,170 shares of the aerospace company’s stock worth $16,799,530,000 after acquiring an additional 419,582 shares during the last quarter. BlackRock Inc. acquired a new stake in shares of Lockheed Martin during the second quarter worth $9,617,574,000. Corient Private Wealth LP lifted its holdings in shares of Lockheed Martin by 3,983.3% during the second quarter. Corient Private Wealth LP now owns 7,110,961 shares of the aerospace company’s stock valued at $3,622,750,000 after purchasing an additional 6,936,814 shares during the last quarter. Bank of New York Mellon Corp acquired a new position in shares of Lockheed Martin in the 2nd quarter valued at $645,258,000. Finally, Diamant Asset Management Inc. boosted 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 valued at $531,493,000 after purchasing an additional 877,932 shares during the period. Institutional investors and hedge funds own 74.19% of the company’s stock.
Lockheed Martin News Summary
Here are the key news stories impacting Lockheed Martin this week:
- Positive Sentiment: New Army contracts support demand visibility. A Lockheed Martin–RTX joint venture won a $215 million U.S. Army contract for Javelin launchers, while Lockheed secured a separate $117.1 million Apache helicopter radar-support award. These deals reinforce the company’s backlog and recurring sustainment revenue. RTX and Lockheed Martin Javelin contract article Apache radar-support contract article
- Positive Sentiment: Missile-defense and munitions capacity remain strategic growth areas. Lockheed detailed the first Spike NLOS missile shots from the Army’s ISV-U platform, while a new Hadrian manufacturing arrangement is intended to expand munitions production. Separately, Karman Space & Defense announced a seven-year, $218 million agreement to supply THAAD shrouds to Lockheed, highlighting sustained demand for the missile-defense program. Spike NLOS testing article Lockheed and Hadrian munitions article Karman THAAD agreement article
- Positive Sentiment: Patriot demand could provide additional upside. Ukrainian President Volodymyr Zelenskiy discussed accelerating Patriot deliveries with Lockheed, potentially supporting production volumes and reinforcing the company’s role in allied air defense. Ukraine Patriot supplies article
- Neutral Sentiment: Investors are focused on the upcoming third-quarter report. Analysts are watching F-35 deliveries, backlog conversion and key operating metrics for evidence that strong defense demand is translating into revenue and cash flow. Lockheed earnings preview
- Neutral Sentiment: Cash generation is attractive but may signal investor caution. Lockheed’s reported free-cash-flow yield of 6.9% exceeds the S&P 500 median, supporting dividends and buybacks, although the discount may reflect expectations for slower growth. Lockheed cash-yield analysis
- Negative Sentiment: Political and competitive risks are weighing on sentiment. Analysts cite U.S. political uncertainty and rising competition, while new rare-earth sourcing rules could increase supply-chain costs beginning in 2027. The stock’s decline from its March peak and a potentially unfavorable technical pattern add to near-term caution. Lockheed risk analysis Rare-earth rules article
Analysts Set New Price Targets
LMT has been the topic of a number of analyst reports. TD Cowen dropped their price target on Lockheed Martin from $600.00 to $570.00 and set a “hold” rating on the stock in a research note on Friday, October 9th. Jefferies Financial Group reiterated a “hold” rating on shares of Lockheed Martin in a report on Wednesday, September 2nd. Weiss Ratings raised shares of Lockheed Martin from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, October 9th. Barclays assumed coverage on shares of Lockheed Martin in a research report on Friday, October 9th. They issued an “equal weight” rating and a $554.00 target price on the stock. Finally, Robert W. Baird set a $700.00 price target on shares of Lockheed Martin in a report on Friday, July 24th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $627.10.
Get Our Latest Report on Lockheed Martin
Lockheed Martin Stock Performance
Shares of LMT opened at $548.92 on Wednesday. The company has a market capitalization of $126.69 billion, a PE ratio of 20.23, a PEG ratio of 1.19 and a beta of 0.09. 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 company’s 50 day moving average price is $539.88 and its 200 day moving average price is $542.60. Lockheed Martin Corporation has a 52 week low of $437.25 and a 52 week high of $692.00.
Lockheed Martin (NYSE:LMT – Get Free Report) last released its 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 company had revenue of $20.06 billion during the quarter, compared to the consensus estimate of $19.34 billion. Lockheed Martin had a net margin of 8.16% and a return on equity of 91.42%. The company’s revenue was up 10.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.46 EPS. Lockheed Martin has set its FY 2026 guidance at 29.950-30.650 EPS. Research analysts expect that Lockheed Martin Corporation will post 30.44 EPS for the current fiscal year.
Lockheed Martin Increases Dividend
The company also recently announced a quarterly dividend, which will be paid on Thursday, December 31st. Shareholders of record on Tuesday, December 1st will be paid a $3.60 dividend. This represents a $14.40 dividend on an annualized basis and a yield of 2.6%. This is an increase from Lockheed Martin’s previous quarterly dividend of $3.45. The ex-dividend date is Tuesday, December 1st. Lockheed Martin’s dividend payout ratio is presently 53.08%.
About Lockheed Martin
Lockheed Martin Corporation is a global security and aerospace company headquartered in Bethesda, Maryland. Formed in 1995 through the merger of Lockheed Corporation and Martin Marietta, the company develops and produces advanced defense, aerospace, and technology systems for government and commercial customers.
Its principal business areas include Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space. Products and services include military aircraft such as the F-35 Lightning II, C-130 Hercules, and F-16 Fighting Falcon; missile-defense and precision-strike systems; helicopters and naval systems; command, control, communications, and intelligence technologies; satellites; space exploration systems; and other classified space and defense programs.
Lockheed Martin serves the U.S.
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