890 Shares in Lockheed Martin Corporation $LMT Acquired by WNY Asset Management LLC

WNY Asset Management LLC purchased a new stake in Lockheed Martin Corporation (NYSE:LMT) during the first quarter, HoldingsChannel reports. The firm purchased 890 shares of the aerospace company’s stock, valued at approximately $538,000.

Several other hedge funds have also added to or reduced their stakes in LMT. Charles Schwab Investment Management Inc. increased its holdings in shares of Lockheed Martin by 1.3% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 8,638,936 shares of the aerospace company’s stock valued at $4,178,399,000 after purchasing an additional 114,900 shares during the last quarter. Morgan Stanley raised its position in shares of Lockheed Martin by 10.1% in the fourth 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 period. Franklin Resources Inc. lifted its stake in shares of Lockheed Martin by 0.6% during the 4th quarter. Franklin Resources Inc. now owns 1,670,284 shares of the aerospace company’s stock worth $807,866,000 after buying an additional 10,349 shares during the last quarter. Deutsche Bank AG lifted its stake in shares of Lockheed Martin by 7.4% during the 4th quarter. Deutsche Bank AG now owns 1,440,840 shares of the aerospace company’s stock worth $696,891,000 after buying an additional 99,403 shares during the last quarter. Finally, AQR Capital Management LLC boosted its holdings in shares of 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 worth $625,784,000 after buying an additional 669,604 shares during the period. Institutional investors and hedge funds own 74.19% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on LMT shares. TD Cowen decreased their price target 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. Jefferies Financial Group restated a “hold” rating on shares of Lockheed Martin in a report on Sunday, July 26th. Wall Street Zen raised Lockheed Martin from a “hold” rating to a “strong-buy” rating in a research report on Saturday, July 25th. Robert W. Baird set a $700.00 target price on Lockheed Martin in a research note on Friday, July 24th. Finally, Deutsche Bank Aktiengesellschaft dropped their price target on Lockheed Martin from $615.00 to $575.00 and set a “hold” rating for the company in a report on Friday, April 24th. One research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $626.33.

Lockheed Martin Price Performance

NYSE:LMT opened at $583.42 on Friday. Lockheed Martin Corporation has a 52 week low of $412.55 and a 52 week high of $692.00. The firm has a market cap of $134.65 billion, a price-to-earnings ratio of 21.50, a P/E/G ratio of 1.00 and a beta of 0.11. The firm’s 50-day simple moving average is $528.91 and its 200 day simple moving average is $575.29. The company has a debt-to-equity ratio of 2.34, a quick ratio of 1.01 and a current ratio of 1.19.

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

Lockheed Martin Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 25th. Stockholders of record on Tuesday, September 1st will be given 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 payout ratio is presently 50.87%.

More Lockheed Martin News

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 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.