Northcape Wealth Management LLC Takes Position in Lockheed Martin Corporation $LMT

Posted by George Bondi on Aug 20th, 2026

Northcape Wealth Management LLC acquired a new stake in Lockheed Martin Corporation (NYSE:LMT – Free Report) in the 2nd quarter, HoldingsChannel.com reports. The firm acquired 1,808 shares of the aerospace company’s stock, valued at approximately $921,000.

Other large investors have also recently bought and sold shares of the company. BlackRock Inc. bought a new position in Lockheed Martin during the second quarter valued at about $9,617,574,000. Bank of New York Mellon Corp acquired a new stake in shares of Lockheed Martin in the second quarter worth about $645,258,000. Diamant Asset Management Inc. boosted its stake in shares of Lockheed Martin by 60,339.0% during the 1st quarter. Diamant Asset Management Inc. now owns 879,387 shares of the aerospace company’s stock worth $531,493,000 after acquiring an additional 877,932 shares in the last quarter. AQR Capital Management LLC boosted 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 acquired a new position in shares of Lockheed Martin during the 2nd quarter valued at about $274,558,000. 74.19% of the stock is currently owned by institutional investors.

Lockheed Martin Trading Down 2.9%

Shares of Lockheed Martin stock opened at $589.47 on Thursday. The company’s fifty day simple moving average is $546.85 and its 200-day simple moving average is $576.25. The company has a market cap of $136.04 billion, a price-to-earnings ratio of 21.73, a PEG ratio of 1.04 and a beta of 0.10. 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 1 year low of $437.25 and a 1 year high of $692.00.

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 (EPS) 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 net margin of 8.16% and a return on equity of 91.42%. Lockheed Martin’s revenue was up 10.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.46 earnings per share. Lockheed Martin has set its FY 2026 guidance at 29.950-30.650 EPS. As a group, sell-side analysts expect that Lockheed Martin Corporation will post 30.39 EPS for the current year.

Lockheed Martin Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 25th. Stockholders of record on Tuesday, September 1st will be issued a dividend of $3.45 per share. The ex-dividend date is Tuesday, September 1st. This represents a $13.80 annualized dividend and a dividend yield of 2.3%. Lockheed Martin’s payout ratio is presently 50.87%.

Wall Street Analysts Forecast Growth

LMT has been the topic of a number of recent analyst reports. Jefferies Financial Group reissued a “hold” rating on shares of Lockheed Martin in a research note on Sunday, July 26th. JPMorgan Chase & Co. decreased their target price on Lockheed Martin from $680.00 to $605.00 and set a “neutral” rating for the company in a research report on Tuesday, May 5th. Morgan Stanley increased their price target on Lockheed Martin from $653.00 to $690.00 and gave the company an “equal weight” rating in a report on Friday, July 24th. Sanford C. Bernstein reissued a “market perform” rating on shares of Lockheed Martin in a research report on Friday, May 29th. Finally, Susquehanna reduced their price objective on shares of Lockheed Martin from $740.00 to $700.00 and set a “positive” rating for the company in a research note on Friday, April 24th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Lockheed Martin currently has a consensus rating of “Hold” and a consensus target price of $632.39.

View Our Latest Research Report on LMT

Lockheed Martin Profile

(Free Report)

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.