Jupiter Wealth Management LLC Invests $1.27 Million in Lockheed Martin Corporation $LMT

Jupiter Wealth Management LLC bought a new stake in shares of Lockheed Martin Corporation (NYSE:LMT) during the second quarter, Holdings Channel reports. The fund bought 2,500 shares of the aerospace company’s stock, valued at approximately $1,274,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. World Investment Advisors grew its holdings in shares of Lockheed Martin by 54.7% during the 4th quarter. World Investment Advisors now owns 14,739 shares of the aerospace company’s stock worth $7,129,000 after purchasing an additional 5,214 shares during the period. SG Americas Securities LLC raised its holdings in Lockheed Martin by 5.4% in the 1st quarter. SG Americas Securities LLC now owns 276,383 shares of the aerospace company’s stock valued at $167,043,000 after buying an additional 14,150 shares during the period. Secured Retirement Advisors LLC raised its holdings in Lockheed Martin by 288.6% in the 4th quarter. Secured Retirement Advisors LLC now owns 3,128 shares of the aerospace company’s stock valued at $1,513,000 after buying an additional 2,323 shares during the period. Norris Financial Group LLC acquired a new position in Lockheed Martin in the first quarter valued at about $2,321,000. Finally, Legal Advantage Investments Inc. acquired a new position in Lockheed Martin in the first quarter valued at about $1,451,000. Hedge funds and other institutional investors own 74.19% of the company’s stock.

Lockheed Martin Trading Down 3.0%

NYSE LMT opened at $571.60 on Friday. The company has a debt-to-equity ratio of 2.34, a quick ratio of 1.01 and a current ratio of 1.19. The firm has a market cap of $131.92 billion, a price-to-earnings ratio of 21.07, a PEG ratio of 1.01 and a beta of 0.10. The firm has a 50 day simple moving average of $547.31 and a 200-day simple moving average of $575.81. Lockheed Martin Corporation has a one year low of $437.25 and a one year high of $692.00.

Lockheed Martin (NYSE:LMT) last announced its earnings results 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 firm had revenue of $20.06 billion for 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 for the quarter was up 10.5% on a year-over-year basis. During the same period in the prior year, the firm earned $1.46 EPS. Lockheed Martin has set its FY 2026 guidance at 29.950-30.650 EPS. Equities research analysts anticipate that Lockheed Martin Corporation will post 30.39 EPS for the current fiscal year.

Lockheed Martin Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 25th. Stockholders of record on Tuesday, September 1st will be paid a $3.45 dividend. This represents a $13.80 annualized dividend and a dividend yield of 2.4%. The ex-dividend date is Tuesday, September 1st. Lockheed Martin’s dividend payout ratio (DPR) is presently 50.87%.

Analysts Set New Price Targets

LMT has been the subject of several research analyst reports. Jefferies Financial Group reaffirmed a “hold” rating on shares of Lockheed Martin in a research note on Sunday, July 26th. Sanford C. Bernstein restated a “market perform” rating on shares of Lockheed Martin in a report on Friday, May 29th. Weiss Ratings raised shares of Lockheed Martin from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, August 13th. Deutsche Bank Aktiengesellschaft dropped their target price on shares of Lockheed Martin from $615.00 to $575.00 and set a “hold” rating for the company in a report on Friday, April 24th. Finally, Citigroup boosted their target price on Lockheed Martin from $641.00 to $691.00 and gave the company a “buy” rating in a research report on Thursday, August 13th. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Lockheed Martin currently has a consensus rating of “Hold” and a consensus target price of $632.39.

Lockheed Martin News Summary

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

• Positive Sentiment: Lockheed Martin completed the first fully integrated Aegis System Equipped Vessel for Japan, a milestone that expands its role in Japan’s maritime air- and missile-defense infrastructure and supports broader Indo-Pacific defense cooperation. The achievement could strengthen the company’s position for future naval and missile-defense contracts. Lockheed Martin Completes First Japan ASEV In Indo Pacific Defense Milestone
• Positive Sentiment: Recent activity involving AI-enabled airspace sensing, next-generation missile-defense testing, modular defense systems and responsive space-launch partnerships adds to Lockheed Martin’s growth narrative. The company and its partners also participated in more than $152 million of recent Department of Defense contracts and a $920 million Air Force award pool. Should Lockheed’s AI Sensing and Space Partnerships Shift the Core Investment Case for LMT?
• Positive Sentiment: A valuation analysis argued that LMT may be approximately 24% undervalued based on discounted-cash-flow and comparable-multiple measures, despite an 87.9% five-year return. This may support the view that long-term defense demand is not fully reflected in the shares. Lockheed Martin Stock May Be 24% Undervalued On Japan Defense System News
• Neutral Sentiment: Commentary highlighted a potential new entry point in the military naval market, but the reports did not indicate a material near-term revenue or earnings contribution. Why Did Lockheed Martin Stock Drop Today?
• Neutral Sentiment: Speculation that Lockheed Martin could split its stock if it returns to its recent high is not a fundamental catalyst; a split would change the share count and price denomination, but not the company’s value. Stock-Split Watch: Is Lockheed Martin Next?

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.