Lockheed Martin Corporation $LMT Stock Acquired by ProShare Advisors LLC

ProShare Advisors LLC grew its position in Lockheed Martin Corporation (NYSE:LMT) by 4.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 34,012 shares of the aerospace company’s stock after acquiring an additional 1,356 shares during the quarter. ProShare Advisors LLC’s holdings in Lockheed Martin were worth $17,321,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in LMT. IAG Wealth Partners LLC increased its holdings in shares of Lockheed Martin by 4,800.0% in the 1st quarter. IAG Wealth Partners LLC now owns 49 shares of the aerospace company’s stock valued at $30,000 after acquiring an additional 48 shares during the period. Burnham & Co LLC acquired a new position in Lockheed Martin during the second quarter valued at $25,000. Field & Main Bank purchased a new stake in Lockheed Martin in the 2nd quarter worth approximately $26,000. Kelleher Financial Advisors purchased a new position in shares of Lockheed Martin in the 2nd quarter valued at about $29,000. Finally, Highland Investment Advisors LLC acquired a new position in Lockheed Martin during the second quarter worth $29,000. Institutional investors own 74.19% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the company. Bank of America restated a “neutral” rating and issued a $620.00 price target on shares of Lockheed Martin in a research report on Monday, October 26th. Weiss Ratings upgraded shares of Lockheed Martin from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, October 9th. Morgan Stanley boosted their target price on Lockheed Martin from $653.00 to $690.00 and gave the stock an “equal weight” rating in a research note on Friday, July 24th. Rothschild & Co Redburn began coverage on shares of Lockheed Martin in a research report on Tuesday, October 6th. They issued a “buy” rating and a $650.00 price objective on the stock. Finally, Citigroup increased their price target on shares of Lockheed Martin from $691.00 to $706.00 and gave the company a “buy” rating in a research note on Friday, October 23rd. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $642.81.

Lockheed Martin Price Performance

NYSE:LMT opened at $643.47 on Tuesday. The company has a current ratio of 1.26, a quick ratio of 1.10 and a debt-to-equity ratio of 2.04. The firm has a market cap of $148.65 billion, a price-to-earnings ratio of 21.15, a price-to-earnings-growth ratio of 1.34 and a beta of 0.09. The company’s 50-day moving average is $545.75 and its two-hundred day moving average is $569.30. Lockheed Martin Corporation has a 12-month low of $437.25 and a 12-month high of $692.00.

Lockheed Martin (NYSE:LMT) last announced its quarterly earnings data on Thursday, October 22nd. The aerospace company reported $7.97 EPS for the quarter, beating analysts’ consensus estimates of $7.52 by $0.45. The business had revenue of $20.71 billion during the quarter, compared to the consensus estimate of $20.48 billion. Lockheed Martin had a return on equity of 83.41% and a net margin of 8.23%. The business’s revenue for the quarter was up 11.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $6.95 earnings per share. Research analysts expect that Lockheed Martin Corporation will post 30.66 EPS for the current year.

Lockheed Martin Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 31st. Shareholders of record on Tuesday, December 1st will be issued a $3.60 dividend. This is a positive change from Lockheed Martin’s previous quarterly dividend of $3.45. The ex-dividend date is Tuesday, December 1st. This represents a $14.40 annualized dividend and a yield of 2.2%. Lockheed Martin’s dividend payout ratio (DPR) is presently 49.02%.

Key Stories Impacting Lockheed Martin

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

• Positive Sentiment: Lockheed Martin plans to invest $420 million to expand its Camden, Arkansas, manufacturing operations, adding approximately 650 full-time jobs over five years. The investment should increase capacity for weapons and other defense programs while signaling confidence in long-term government demand. Lockheed Martin Expands in Camden, Arkansas with $420M Investment
• Positive Sentiment: Investors are focusing on large multiyear commitments, including a 10-year F-35 framework and a $694 million hypersonic weapons contract. Lockheed also has a record backlog and raised its 2026 sales and earnings guidance, improving visibility into future revenue and profitability. Should Long Term Defense Contracts Require Action From Lockheed Martin Stock Investors?
• Positive Sentiment: The completed $3.45 billion acquisition of Ultra Maritime expands Lockheed Martin’s sonar and sonobuoy capabilities, strengthening its position in undersea defense and broadening its portfolio. Defense Giant Lockheed Martin Just Got a Little Bigger
• Positive Sentiment: Wells Fargo raised its price target from $600 to $700. Although the firm maintained an Equal Weight rating, the higher target reflects improved expectations for Lockheed’s outlook. Wells Fargo Lockheed Martin Price Target
• Neutral Sentiment: Defense stocks may benefit from a less adversarial relationship between contractors and the government, potentially reducing the risks associated with fixed-price development contracts. However, the benefits depend on contract execution and cost control. Prediction: Defense Stocks Like Lockheed Martin, RTX, and Boeing Are Set to Soar
• Negative Sentiment: Alphabet’s expansion into defense technology could create a longer-term competitive threat to traditional contractors such as Lockheed Martin, although the impact on near-term earnings remains uncertain. Tech’s Next Big Bet Is Defense

Lockheed Martin Company Profile

Lockheed Martin Corporation is a global security and aerospace company headquartered in Bethesda, Maryland. Formed in 1995 through the merger of Lockheed Corporation and Martin Marietta, the company develops and produces advanced defense, aerospace, and technology systems for government and commercial customers.

Its principal business areas include Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space. Products and services include military aircraft such as the F-35 Lightning II, C-130 Hercules, and F-16 Fighting Falcon; missile-defense and precision-strike systems; helicopters and naval systems; command, control, communications, and intelligence technologies; satellites; space exploration systems; and other classified space and defense programs.

Lockheed Martin serves the U.S.