Western Wealth Management LLC Purchases 1,175 Shares of Lockheed Martin Corporation $LMT

Western Wealth Management LLC boosted its holdings in Lockheed Martin Corporation (NYSE:LMT) by 26.8% in the first quarter, Holdings Channel reports. The institutional investor owned 5,554 shares of the aerospace company’s stock after buying an additional 1,175 shares during the period. Western Wealth Management LLC’s holdings in Lockheed Martin were worth $3,356,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in LMT. Welch Group LLC lifted its position in shares of Lockheed Martin by 1.5% in the 4th quarter. Welch Group LLC now owns 132,684 shares of the aerospace company’s stock worth $64,175,000 after purchasing an additional 1,999 shares during the period. World Investment Advisors increased its position in shares of Lockheed Martin by 54.7% during the fourth quarter. World Investment Advisors now owns 14,739 shares of the aerospace company’s stock worth $7,129,000 after buying an additional 5,214 shares during the period. SG Americas Securities LLC increased its position in shares of Lockheed Martin by 5.4% during the first quarter. SG Americas Securities LLC now owns 276,383 shares of the aerospace company’s stock worth $167,043,000 after buying an additional 14,150 shares during the period. Secured Retirement Advisors LLC increased its position in shares of Lockheed Martin by 288.6% during the fourth quarter. Secured Retirement Advisors LLC now owns 3,128 shares of the aerospace company’s stock worth $1,513,000 after buying an additional 2,323 shares during the period. Finally, Savvy Advisors Inc. raised its stake in Lockheed Martin by 59.4% during the fourth quarter. Savvy Advisors Inc. now owns 7,637 shares of the aerospace company’s stock worth $3,694,000 after buying an additional 2,847 shares during the last quarter. 74.19% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several research firms recently issued reports on LMT. Royal Bank Of Canada boosted their target price on shares of Lockheed Martin from $575.00 to $600.00 and gave the company a “sector perform” rating in a report on Friday, July 24th. Citigroup raised Lockheed Martin from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $571.00 to $582.00 in a research report on Wednesday, July 1st. Robert W. Baird set a $700.00 price objective on Lockheed Martin in a research note on Friday, July 24th. Wells Fargo & Company set a $600.00 target price on Lockheed Martin in a research report on Monday. Finally, UBS Group reiterated a “neutral” rating and issued a $581.00 target price on shares of Lockheed Martin in a report on Friday, July 24th. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $626.33.

Key Stories Impacting Lockheed Martin

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

• Positive Sentiment: The U.S. Army awarded Lockheed Martin a seven-year contract modification valued at up to $53.86 billion for PAC-3 Missile Segment Enhancement interceptors. Including a previously awarded $4.7 billion first-year contract, the total potential value reaches $58.62 billion—the largest Patriot missile award to date. US awards Lockheed Martin $58.6 billion in largest-ever Patriot missile deal
• Positive Sentiment: Lockheed Martin plans to triple PAC-3 production, creating additional jobs and expanding manufacturing capacity. CEO Jim Taiclet said the award could help push the company’s backlog toward approximately $300 billion, improving long-term revenue visibility. Lockheed Martin Gets a Mega Missile Contract
• Positive Sentiment: Escalating U.S.-Iran tensions and missile use are depleting American weapons inventories, increasing the likelihood of sustained Pentagon replenishment orders. Lockheed Martin is viewed as a key beneficiary because of its leading position in missile defense. Iran Tensions Illustrate Defense Supply Shortages
• Neutral Sentiment: The contract is described as “undefinitized,” meaning final terms and pricing remain subject to negotiation. Investors may therefore focus on execution, production ramp-up costs and eventual contract profitability rather than the headline value alone. Lockheed Martin’s Missile Contract Brings More Jobs, Higher Production

Lockheed Martin Price Performance

Shares of LMT opened at $583.42 on Friday. The business’s fifty day moving average is $528.91 and its 200 day moving average is $575.29. Lockheed Martin Corporation has a 12-month low of $412.55 and a 12-month high of $692.00. The company has a quick ratio of 1.01, a current ratio of 1.19 and a debt-to-equity ratio of 2.34. The stock has a market cap of $134.65 billion, a P/E ratio of 21.50, a P/E/G ratio of 0.99 and a beta of 0.11.

Lockheed Martin (NYSE:LMT) last announced its quarterly earnings results on Thursday, July 23rd. The aerospace company reported $7.94 EPS for the quarter, beating analysts’ consensus estimates of $7.22 by $0.72. Lockheed Martin had a net margin of 8.16% and a return on equity of 91.42%. The business had revenue of $20.06 billion during the quarter, compared to analyst estimates of $19.34 billion. During the same quarter in the previous year, the business posted $1.46 EPS. Lockheed Martin’s quarterly revenue was up 10.5% on a year-over-year basis. Lockheed Martin has set its FY 2026 guidance at 29.950-30.650 EPS. Sell-side analysts anticipate that Lockheed Martin Corporation will post 30.31 earnings per share for the current fiscal year.

Lockheed Martin Dividend Announcement

The firm also recently announced 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. This represents a $13.80 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date is Tuesday, September 1st. Lockheed Martin’s dividend payout ratio is currently 50.87%.

Lockheed Martin Company Profile

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.