D.B. Root & Company LLC Buys New Stake in Lockheed Martin Corporation $LMT

Posted by George Bondi on Aug 24th, 2026

D.B. Root & Company LLC bought a new stake in shares of Lockheed Martin Corporation (NYSE:LMT – Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund bought 1,712 shares of the aerospace company’s stock, valued at approximately $872,000.

A number of other institutional investors also recently added to or reduced their stakes in LMT. BlackRock Inc. bought a new stake in shares of Lockheed Martin during the second quarter valued at about $9,617,574,000. Bank of New York Mellon Corp bought a new position in Lockheed Martin in the 2nd quarter valued at about $645,258,000. Diamant Asset Management Inc. increased its stake in 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 valued at $531,493,000 after buying an additional 877,932 shares during the period. AQR Capital Management LLC increased its stake in 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 valued at $625,784,000 after buying an additional 669,604 shares during the period. Finally, Deutsche Bank AG bought a new stake in shares of Lockheed Martin during the 2nd quarter worth about $274,558,000. Institutional investors and hedge funds own 74.19% of the company’s stock.

Analysts Set New Price Targets

A number of research firms recently commented on LMT. TD Cowen lowered their price objective on shares of 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 upped their target price on Lockheed Martin from $653.00 to $690.00 and gave the stock an “equal weight” rating in a research report on Friday, July 24th. Citigroup lifted their price target on Lockheed Martin from $641.00 to $691.00 and gave the company a “buy” rating in a research report on Thursday, August 13th. UBS Group reissued a “neutral” rating and issued a $581.00 price objective on shares of Lockheed Martin in a research note on Friday, July 24th. Finally, Sanford C. Bernstein restated a “market perform” rating on shares of Lockheed Martin in a report on Friday, May 29th. 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. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $632.39.

View Our Latest Stock Analysis on LMT

Lockheed Martin Stock Up 0.2%

Shares of NYSE:LMT opened at $564.61 on Monday. The firm has a 50 day simple moving average of $547.80 and a 200 day simple moving average of $575.31. Lockheed Martin Corporation has a 52 week low of $437.25 and a 52 week high of $692.00. 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 has a market cap of $130.31 billion, a PE ratio of 20.81, a price-to-earnings-growth ratio of 0.97 and a beta of 0.10.

Lockheed Martin (NYSE:LMT – Get Free Report) last released its quarterly earnings data on Thursday, July 23rd. The aerospace company reported $7.94 earnings per share for the quarter, beating 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 firm had revenue of $20.06 billion for the quarter, compared to analyst estimates of $19.34 billion. During the same quarter in the prior year, the business earned $1.46 EPS. The company’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. As a group, research analysts expect that Lockheed Martin Corporation will post 30.39 earnings per share for the current year.

Lockheed Martin Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, September 25th. Shareholders of record on Tuesday, September 1st will be paid a $3.45 dividend. The ex-dividend date is Tuesday, September 1st. This represents a $13.80 dividend on an annualized basis and a yield of 2.4%. Lockheed Martin’s payout ratio is 50.87%.

About Lockheed Martin

(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.