L2 Asset Management LLC Takes $633,000 Position in Lockheed Martin Corporation $LMT

Posted by Brian Himes on Aug 26th, 2026

L2 Asset Management LLC acquired a new stake in Lockheed Martin Corporation (NYSE:LMT – Free Report) in the 2nd quarter, Holdings Channel.com reports. The institutional investor acquired 1,243 shares of the aerospace company’s stock, valued at approximately $633,000.

A number of other hedge funds also recently bought and sold shares of the stock. BlackRock Inc. purchased a new position in shares of Lockheed Martin in the 2nd quarter worth approximately $9,617,574,000. Charles Schwab Investment Management Inc. lifted its position in Lockheed Martin by 1.3% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 8,638,936 shares of the aerospace company’s stock worth $4,178,399,000 after acquiring an additional 114,900 shares during the period. Morgan Stanley grew its stake in Lockheed Martin by 10.1% during the 4th quarter. Morgan Stanley now owns 5,728,551 shares of the aerospace company’s stock valued at $2,770,729,000 after purchasing an additional 527,523 shares during the last quarter. Franklin Resources Inc. grew its stake in Lockheed Martin by 0.6% during the 4th quarter. Franklin Resources Inc. now owns 1,670,284 shares of the aerospace company’s stock valued at $807,866,000 after purchasing an additional 10,349 shares during the last quarter. Finally, Deutsche Bank AG increased its holdings in shares of Lockheed Martin by 7.4% in the fourth quarter. Deutsche Bank AG now owns 1,440,840 shares of the aerospace company’s stock valued at $696,891,000 after purchasing an additional 99,403 shares during the period. Hedge funds and other institutional investors own 74.19% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on the stock. Morgan Stanley raised their target price on shares of Lockheed Martin from $653.00 to $690.00 and gave the stock an “equal weight” rating in a report on Friday, July 24th. Weiss Ratings upgraded Lockheed Martin from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, August 13th. Wells Fargo & Company set a $600.00 price objective on Lockheed Martin in a research note on Monday, July 27th. Royal Bank Of Canada upped their target price on shares of Lockheed Martin from $575.00 to $600.00 and gave the stock a “sector perform” rating in a report on Friday, July 24th. Finally, Wall Street Zen cut Lockheed Martin from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 15th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $632.39.

Check Out Our Latest Stock Analysis on Lockheed Martin

Lockheed Martin Price Performance

LMT opened at $556.95 on Wednesday. The stock’s 50-day moving average price is $548.90 and its 200 day moving average price is $574.52. Lockheed Martin Corporation has a 12-month low of $437.25 and a 12-month high of $692.00. The firm has a market cap of $128.54 billion, a price-to-earnings ratio of 20.53, a PEG ratio of 0.97 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 (NYSE:LMT – Get Free Report) last released its earnings results 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. The company had revenue of $20.06 billion during the quarter, compared to the consensus estimate of $19.34 billion. Lockheed Martin had a return on equity of 91.42% and a net margin of 8.16%.Lockheed Martin’s revenue was up 10.5% compared to the same quarter last year. During the same period in the previous year, the company posted $1.46 EPS. 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 earnings per share for the current year.

Lockheed Martin Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 25th. Investors of record on Tuesday, September 1st will be issued a $3.45 dividend. The ex-dividend date is Tuesday, September 1st. This represents a $13.80 dividend on an annualized basis and a dividend yield of 2.5%. 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.