Mirae Asset Global Investments Co. Ltd. Purchases 264,515 Shares of Lockheed Martin Corporation $LMT

Posted by Geri Gentry on Nov 1st, 2026

Mirae Asset Global Investments Co. Ltd. acquired a new stake in Lockheed Martin Corporation (NYSE:LMT – Free Report) in the third quarter, HoldingsChannel reports. The institutional investor acquired 264,515 shares of the aerospace company’s stock, valued at approximately $134,704,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in LMT. Burnham & Co LLC bought a new stake in Lockheed Martin in the second quarter valued at about $25,000. Field & Main Bank bought a new position in Lockheed Martin during the second quarter worth about $26,000. Kelleher Financial Advisors bought a new position in Lockheed Martin during the second quarter worth about $29,000. Highland Investment Advisors LLC acquired a new stake in Lockheed Martin during the second quarter valued at approximately $29,000. Finally, IAG Wealth Partners LLC boosted its holdings in Lockheed Martin by 4,800.0% during the first quarter. IAG Wealth Partners LLC now owns 49 shares of the aerospace company’s stock valued at $30,000 after purchasing an additional 48 shares in the last quarter. 74.19% of the stock is owned by institutional investors.

Key Lockheed Martin News

Here are the key news stories impacting Lockheed Martin this week:

Positive Sentiment: The U.S. State Department approved a possible $2.1 billion Patriot missile package for Ukraine, naming Lockheed Martin as the principal contractor. The package includes 500 PAC-3 MSE interceptors, spare parts, logistics and support, and will be financed by allied and Ukrainian funds rather than direct U.S. funding. The sale could add to LMT’s missile backlog, although no delivery schedule was provided. U.S. approves $2.1 billion Patriot missile sale to Ukraine
Positive Sentiment: Recent coverage highlights Lockheed Martin’s record $292 billion backlog, continued F-35 production at 156 aircraft annually and a 10-year F-35 agreement with the Pentagon. These developments improve long-term revenue visibility and support the case for sustained military demand. Lockheed Martin long-term investor takeaways
Positive Sentiment: Analysts and investors are also encouraged by potentially better Department of Defense contract terms, with higher-margin Missiles and Fire Control activities expected to improve profitability and reduce development and execution risk. Lockheed Martin backlog analysis
Neutral Sentiment: Analysts remain divided on LMT versus faster-growing defense companies such as Kratos Defense. While the backlog and F-35 progress are favorable, valuation, cash generation and uncertainty over future U.S. defense budgets remain key considerations. Kratos Defense versus Lockheed Martin analysis
Negative Sentiment: After a roughly 27% October rally, some investors may be taking profits. Coverage also flags gradually weakening margins and warns that management’s January update on profitability and execution could determine whether the recent advance is sustainable. Lockheed Martin October rally analysis

Analyst Ratings Changes

LMT has been the subject of a number of recent research reports. Vertical Research raised Lockheed Martin from a “hold” rating to a “buy” rating and set a $600.00 target price for the company in a report on Wednesday, October 14th. Royal Bank Of Canada upped their price target on Lockheed Martin from $550.00 to $600.00 and gave the company a “sector perform” rating in a research report on Friday, October 23rd. JPMorgan Chase & Co. increased their price objective on Lockheed Martin from $620.00 to $665.00 and gave the stock a “neutral” rating in a research note on Monday, October 26th. TD Cowen dropped their price objective on Lockheed Martin from $600.00 to $570.00 and set a “hold” rating for the company in a research note on Friday, October 9th. Finally, Robert W. Baird set a $700.00 price objective on Lockheed Martin in a report on Friday, July 24th. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $638.05.

Read Our Latest Analysis on Lockheed Martin

Lockheed Martin Price Performance

Shares of Lockheed Martin stock opened at $637.60 on Friday. The stock has a market capitalization of $147.29 billion, a price-to-earnings ratio of 22.65, a P/E/G ratio of 1.35 and a beta of 0.09. The firm’s 50-day moving average price is $544.17 and its two-hundred day moving average price is $568.87. The company has a current ratio of 1.26, a quick ratio of 1.10 and a debt-to-equity ratio of 2.04. Lockheed Martin Corporation has a 1-year low of $437.25 and a 1-year high of $692.00.

Lockheed Martin (NYSE:LMT – Get Free Report) last posted its earnings results on Thursday, October 22nd. The aerospace company reported $7.97 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $7.52 by $0.45. Lockheed Martin had a net margin of 8.23% and a return on equity of 83.41%. The company had revenue of $20.71 billion during the quarter, compared to analysts’ expectations of $20.48 billion. During the same quarter in the previous year, the company posted $6.95 earnings per share. Lockheed Martin’s quarterly revenue was up 11.3% compared to the same quarter last year. On average, equities analysts predict that Lockheed Martin Corporation will post 30.66 earnings per share for the current fiscal year.

Lockheed Martin Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 31st. Stockholders of record on Tuesday, December 1st will be issued a dividend of $3.60 per share. The ex-dividend date is Tuesday, December 1st. This is a boost from Lockheed Martin’s previous quarterly dividend of $3.45. This represents a $14.40 annualized dividend and a dividend yield of 2.3%. Lockheed Martin’s dividend payout ratio (DPR) is currently 49.02%.

About Lockheed Martin

(Free Report)

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.