Lockheed Martin Corporation $LMT Shares Purchased by Viking Fund Management LLC

Viking Fund Management LLC raised its position in Lockheed Martin Corporation (NYSE:LMT) by 38.5% in the third quarter, HoldingsChannel.com reports. The fund owned 18,000 shares of the aerospace company’s stock after purchasing an additional 5,000 shares during the quarter. Viking Fund Management LLC’s holdings in Lockheed Martin were worth $9,166,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. BlackRock Inc. acquired a new position in shares of Lockheed Martin during the 2nd quarter worth about $9,617,574,000. Corient Private Wealth LP acquired a new stake in Lockheed Martin in the 2nd quarter valued at about $101,960,000. Bank of New York Mellon Corp acquired a new stake in Lockheed Martin in the 2nd quarter valued at about $645,258,000. Legal & General Group Plc bought a new position in Lockheed Martin during the second quarter worth about $497,469,000. Finally, Diamant Asset Management Inc. grew its holdings in Lockheed Martin by 60,339.0% during the first quarter. Diamant Asset Management Inc. now owns 879,387 shares of the aerospace company’s stock worth $531,493,000 after purchasing an additional 877,932 shares during the period. Institutional investors own 74.19% of the company’s stock.

Lockheed Martin Trading Up 3.5%

Shares of NYSE:LMT opened at $521.61 on Thursday. The business’s 50 day simple moving average is $543.57 and its 200 day simple moving average is $544.37. 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 company has a market capitalization of $120.38 billion, a P/E ratio of 19.23, a P/E/G ratio of 1.09 and a beta of 0.09.

Lockheed Martin (NYSE:LMT) last released its earnings results on Thursday, July 23rd. The aerospace company reported $7.94 EPS for the quarter, beating the consensus estimate of $7.22 by $0.72. The firm had revenue of $20.06 billion for the quarter, compared to analyst estimates of $19.34 billion. Lockheed Martin had a net margin of 8.16% and a return on equity of 91.42%. The business’s quarterly revenue was up 10.5% compared to the same quarter last year. During the same period last year, the firm earned $1.46 EPS. Lockheed Martin has set its FY 2026 guidance at 29.950-30.650 EPS. On average, research analysts anticipate that Lockheed Martin Corporation will post 30.44 EPS for the current fiscal year.

Lockheed Martin Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 31st. Stockholders of record on Tuesday, December 1st will be issued a dividend of $3.60 per share. This represents a $14.40 annualized dividend and a dividend yield of 2.8%. This is a boost from Lockheed Martin’s previous quarterly dividend of $3.45. The ex-dividend date is Tuesday, December 1st. Lockheed Martin’s dividend payout ratio (DPR) is currently 53.08%.

Wall Street Analyst Weigh In

Several analysts have issued reports on LMT shares. Jefferies Financial Group restated a “hold” rating on shares of Lockheed Martin in a research note on Wednesday, September 2nd. Robert W. Baird set a $700.00 target price on Lockheed Martin in a research note on Friday, July 24th. Royal Bank Of Canada boosted their target price on Lockheed Martin from $575.00 to $600.00 and gave the stock a “sector perform” rating in a report on Friday, July 24th. Citigroup boosted their target price on Lockheed Martin from $641.00 to $691.00 and gave the stock a “buy” rating in a report on Thursday, August 13th. Finally, Wall Street Zen upgraded Lockheed Martin from a “buy” rating to a “strong-buy” rating in a research note on Sunday, September 20th. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $630.48.

Lockheed Martin News Roundup

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

• Positive Sentiment: Lockheed Martin plans to invest approximately $300 million to expand its Grand Prairie, Texas, advanced-munitions facility to more than 735,000 square feet. The expansion is expected to support roughly 2,000 Texas jobs and 6,000 jobs nationwide, while increasing PAC-3 MSE missile production from about 600 units annually toward at least 2,000 over time. Lockheed Martin Expands Advanced Munitions Manufacturing in Texas
• Positive Sentiment: Chief Executive Jim Taiclet described defense demand as “permanent,” reinforcing investor expectations for sustained orders tied to missile defense and global military restocking. The company also signed a seven-year agreement with Hadrian to introduce automated manufacturing technology at its Texas Missiles and Fire Control facility. LMT Stock Tracks Best Week Since Mid-August
• Positive Sentiment: A strategic cooperation agreement with Italy’s Avio will expand U.S. solid rocket motor production for the Extended Range GMLRS and Precision Strike Missile programs, potentially strengthening Lockheed Martin’s supply chain and future production capacity. Lockheed Martin and Avio Announce Strategic Cooperation Agreement
• Neutral Sentiment: Analyst opinion is divided: Vertical Research upgraded the stock to Buy, while Bernstein remains more cautious. Investors are also positioning ahead of the projected quarterly earnings announcement, making results, guidance and cash flow important near-term catalysts. Why Lockheed Martin Stock Popped Today
• Negative Sentiment: Bearish commentary points to Lockheed Martin trading below its historical average after $1.6 billion of reach-forward losses in 2025 on troubled fixed-price programs. Although the company’s recent earnings beat was strong, investors remain concerned about contract execution, leverage and whether current defense optimism is fully reflected in the stock. Lockheed Martin Trades Below Its Historical Average

Lockheed Martin Profile

Lockheed Martin Corporation is a global aerospace, defense and technology company headquartered in Bethesda, Maryland. The company develops and produces advanced systems for government and commercial customers, with the U.S. Department of Defense and other U.S. government agencies representing its primary customers.

Its principal activities include the design and manufacture of military aircraft, missiles, air and missile defense systems, radar and sensor technologies, naval and rotary-wing systems, satellites, space exploration systems, and cybersecurity and information technology solutions.