Sequoia Financial Advisors LLC Grows Holdings in Lockheed Martin Corporation $LMT

Sequoia Financial Advisors LLC boosted its holdings in shares of Lockheed Martin Corporation (NYSE:LMT) by 6.9% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 22,606 shares of the aerospace company’s stock after acquiring an additional 1,465 shares during the period. Sequoia Financial Advisors LLC’s holdings in Lockheed Martin were worth $11,517,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of LMT. National Pension Service lifted its holdings in shares of Lockheed Martin by 2.5% during the second quarter. National Pension Service now owns 650,340 shares of the aerospace company’s stock valued at $331,322,000 after purchasing an additional 15,807 shares during the last quarter. Cidel Asset Management Inc. increased its position in Lockheed Martin by 3.1% during the 2nd quarter. Cidel Asset Management Inc. now owns 2,443 shares of the aerospace company’s stock valued at $1,245,000 after buying an additional 74 shares in the last quarter. Pinnacle Wealth Management Advisory Group LLC raised its stake in Lockheed Martin by 1.0% during the second quarter. Pinnacle Wealth Management Advisory Group LLC now owns 10,038 shares of the aerospace company’s stock valued at $5,114,000 after buying an additional 102 shares during the last quarter. NorthRock Partners LLC raised its stake in Lockheed Martin by 2.4% during the second quarter. NorthRock Partners LLC now owns 8,170 shares of the aerospace company’s stock valued at $4,162,000 after buying an additional 195 shares during the last quarter. Finally, Sterling Investment Advisors Ltd. boosted its holdings in Lockheed Martin by 2.5% in the second quarter. Sterling Investment Advisors Ltd. now owns 13,908 shares of the aerospace company’s stock worth $7,086,000 after acquiring an additional 342 shares in the last quarter. Hedge funds and other institutional investors own 74.19% of the company’s stock.

Analyst Upgrades and Downgrades

LMT has been the subject of several recent analyst reports. Wall Street Zen raised Lockheed Martin from a “buy” rating to a “strong-buy” rating in a research report on Saturday, August 29th. Citigroup raised their price objective on shares of Lockheed Martin from $641.00 to $691.00 and gave the company a “buy” rating in a research note on Thursday, August 13th. Jefferies Financial Group reaffirmed a “hold” rating on shares of Lockheed Martin in a report on Wednesday, September 2nd. Morgan Stanley upped their target price on shares of Lockheed Martin from $653.00 to $690.00 and gave the stock an “equal weight” rating in a research note on Friday, July 24th. Finally, UBS Group raised shares of Lockheed Martin from a “neutral” rating to a “buy” rating and raised their price target for the company from $581.00 to $674.00 in a research report on Tuesday. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $637.56.

More Lockheed Martin News

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

• Positive Sentiment: UBS upgraded Lockheed Martin, citing a structural increase in defense demand. The shift toward rebuilding missile inventories and expanding military capabilities could support multi-year revenue growth. UBS sees a structural shift building at Lockheed Martin
• Positive Sentiment: European support for Ukraine’s purchase of Patriot air-defense systems could benefit Lockheed Martin. Continued replenishment of Western missile stockpiles may increase demand for the company’s missile and air-defense products. Lockheed Poised to Benefit as EU Approves Ukraine’s Purchase of Patriot Missiles
• Positive Sentiment: Lockheed Martin and IBM announced a Swiss quantum-computing innovation hub. The project, connected to Switzerland’s F-35 procurement offset obligations, gives Lockheed access to research in autonomous navigation, quantum sensing and advanced materials. The initiative is strategically positive, although financial benefits are likely long term. IBM, Lockheed Martin Announce Swiss Quantum Innovation Hub
• Neutral Sentiment: Management is scheduled to speak at Morgan Stanley’s Laguna Conference. Investors may look for updates on defense demand, production execution, capital allocation and full-year guidance, but the event itself does not change fundamentals. Lockheed Martin executives to speak at Morgan Stanley conference
• Neutral Sentiment: Value-focused commentary highlights LMT’s approximately 2.6% dividend yield and roughly 17.6 forward earnings multiple. The valuation may appeal to long-term investors, while the defense industry’s transition toward newer technologies could require changes to Lockheed’s traditional business model. Lockheed Martin valuation and industry outlook
• Negative Sentiment: Investors remain concerned about fixed-price contracts and political scrutiny. Cost overruns or contract pressure could squeeze margins, particularly while Lockheed is adapting to changing defense procurement priorities.

Lockheed Martin Stock Performance

LMT stock opened at $530.10 on Friday. The company has a market cap of $122.34 billion, a P/E ratio of 19.54, a price-to-earnings-growth ratio of 1.14 and a beta of 0.10. Lockheed Martin Corporation has a 1 year low of $437.25 and a 1 year high of $692.00. The company has a debt-to-equity ratio of 2.34, a current ratio of 1.19 and a quick ratio of 1.01. The stock’s fifty day moving average price is $556.35 and its 200-day moving average price is $566.15.

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, beating analysts’ consensus estimates of $7.22 by $0.72. Lockheed Martin had a return on equity of 91.42% and a net margin of 8.16%.The firm had revenue of $20.06 billion during the quarter, compared to analyst estimates of $19.34 billion. During the same quarter last year, the business posted $1.46 earnings per share. The business’s quarterly revenue was up 10.5% compared to the same quarter last year. Lockheed Martin has set its FY 2026 guidance at 29.950-30.650 EPS. On average, equities analysts forecast that Lockheed Martin Corporation will post 30.39 earnings per share for the current year.

Lockheed Martin Announces Dividend

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 issued a dividend of $3.45 per share. This represents a $13.80 annualized dividend and a yield of 2.6%. The ex-dividend date is Tuesday, September 1st. Lockheed Martin’s dividend payout ratio (DPR) is currently 50.87%.

Lockheed Martin Company Profile

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.