Waverly Advisors LLC Has $15.35 Million Stock Position in Lockheed Martin Corporation $LMT

Posted by George Bondi on Sep 9th, 2026

Waverly Advisors LLC boosted its holdings in shares of Lockheed Martin Corporation (NYSE:LMT – Free Report) by 7.5% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 30,129 shares of the aerospace company’s stock after buying an additional 2,091 shares during the quarter. Waverly Advisors LLC’s holdings in Lockheed Martin were worth $15,350,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the stock. Basso Capital Management L.P. acquired a new stake in shares of Lockheed Martin in the fourth quarter worth $25,000. Burnham & Co LLC bought a new stake in shares of Lockheed Martin in the second quarter valued at about $25,000. United Financial Planning Group LLC acquired a new stake in shares of Lockheed Martin during the 3rd quarter worth approximately $25,000. Clarity Asset Management Inc. acquired a new stake in Lockheed Martin during the fourth quarter worth $26,000. Finally, Field & Main Bank acquired a new stake in shares of Lockheed Martin during the 2nd quarter valued at about $26,000. 74.19% of the stock is currently owned by institutional investors.

Lockheed Martin Trading Up 2.1%

NYSE LMT opened at $536.37 on Wednesday. The company has a debt-to-equity ratio of 2.34, a current ratio of 1.19 and a quick ratio of 1.01. Lockheed Martin Corporation has a one year low of $437.25 and a one year high of $692.00. The stock’s 50-day moving average is $556.57 and its 200-day moving average is $568.04. The firm has a market cap of $123.79 billion, a P/E ratio of 19.77, a P/E/G ratio of 1.14 and a beta of 0.10.

Lockheed Martin (NYSE:LMT – Get Free Report) last issued its quarterly earnings data on Thursday, July 23rd. The aerospace company reported $7.94 earnings per share (EPS) for the quarter, topping 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 net margin of 8.16% and a return on equity of 91.42%. The firm’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 earnings per share. Lockheed Martin has set its FY 2026 guidance at 29.950-30.650 EPS. Sell-side analysts anticipate that Lockheed Martin Corporation will post 30.39 earnings per share for the current fiscal year.

Lockheed Martin Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, September 25th. Shareholders of record on Tuesday, September 1st will be given a dividend of $3.45 per share. The ex-dividend date of this dividend is Tuesday, September 1st. This represents a $13.80 dividend on an annualized basis and a yield of 2.6%. Lockheed Martin’s dividend payout ratio is 50.87%.

Key Stories Impacting Lockheed Martin

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

Positive Sentiment: UBS upgraded LMT to Buy and raised its 12-month price target to $674 from $581, citing underappreciated missile growth, F-35 sustainment demand and a potentially stronger earnings trajectory. UBS projects roughly 9% annual revenue growth and sees substantial upside from the reported valuation. UBS upgrades Lockheed Martin to Buy
Positive Sentiment: Sweden selected Lockheed Martin’s HIMARS system in an agreement valued at approximately $729 million. The purchase of about 10 launchers and ammunition, with deliveries beginning in 2027, expands LMT’s European defense footprint and includes planned ammunition cooperation with Saab. Sweden HIMARS deal
Positive Sentiment: Analysts highlighted the possibility that LMT’s missile and fire-control revenue could grow as much as 150% through 2030, supported by rising global demand for air defense, precision weapons and rocket artillery. Lockheed Martin missile growth
Positive Sentiment: The Javelin joint venture signed a memorandum with India’s Tata Advanced Systems to explore local production, potentially improving LMT’s access to India’s defense market and strengthening its regional supply chain. Javelin India production agreement
Neutral Sentiment: LMT awarded L3Harris a $4.7 billion contract for PAC-3 MSE propulsion, underscoring substantial missile-program demand. The contract is strategically supportive but represents an outsourced production cost rather than direct revenue for Lockheed Martin. PAC-3 MSE propulsion contract
Negative Sentiment: Defense stocks have recently underperformed despite geopolitical tensions, creating a sector-wide headwind. However, commentators argued that upcoming U.S. midterm elections and continued defense spending could improve sentiment. Defense stocks outlook

Wall Street Analyst Weigh In

Several research firms have recently weighed in on LMT. Royal Bank Of Canada increased their target price on Lockheed Martin from $575.00 to $600.00 and gave the stock a “sector perform” rating in a report on Friday, July 24th. Citigroup boosted their price objective on Lockheed Martin from $641.00 to $691.00 and gave the stock a “buy” rating in a research note on Thursday, August 13th. Weiss Ratings upgraded shares of 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 target on Lockheed Martin in a research note on Monday, July 27th. Finally, Wall Street Zen raised shares of Lockheed Martin from a “buy” rating to a “strong-buy” rating in a research note on Saturday, August 29th. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $637.56.

View Our Latest Stock Analysis on LMT

About Lockheed Martin

(Free Report)

Lockheed Martin Corporation is a global aerospace, defense and technology company that develops and produces systems for government and commercial customers, with the U.S. Department of Defense serving as its largest customer. Its principal business areas include Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space.

The company’s products and services include military aircraft such as the F-35 Lightning II, F-16 and C-130; air and missile defense systems; precision weapons; helicopters and maritime systems; radar, sensors and command-and-control technologies; satellites; space exploration systems; and missile-warning and strategic defense capabilities.

Lockheed Martin was created in 1995 through the merger of Lockheed Corporation and Martin Marietta.