919 Lockheed Martin Corporation $LMT Shares Bought by Precedent Wealth Partners LLC

Precedent Wealth Partners LLC lifted its position in Lockheed Martin Corporation (NYSE:LMT) by 19.3% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 5,673 shares of the aerospace company’s stock after acquiring an additional 919 shares during the quarter. Precedent Wealth Partners LLC’s holdings in Lockheed Martin were worth $2,889,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the company. Smith Chas P & Associates PA Cpas boosted its holdings in Lockheed Martin by 0.8% in the third quarter. Smith Chas P & Associates PA Cpas now owns 88,708 shares of the aerospace company’s stock worth $48,975,000 after purchasing an additional 668 shares during the period. Woodward Diversified Capital LLC increased its stake in Lockheed Martin by 9.5% during the third quarter. Woodward Diversified Capital LLC now owns 1,186 shares of the aerospace company’s stock valued at $604,000 after purchasing an additional 103 shares during the last quarter. Lmcg Investments LLC increased its stake in Lockheed Martin by 38.1% during the third quarter. Lmcg Investments LLC now owns 11,132 shares of the aerospace company’s stock valued at $5,669,000 after purchasing an additional 3,070 shares during the last quarter. Foster Victor Wealth Advisors LLC raised its holdings in shares of Lockheed Martin by 5.2% during the third quarter. Foster Victor Wealth Advisors LLC now owns 35,024 shares of the aerospace company’s stock worth $19,201,000 after purchasing an additional 1,735 shares during the period. Finally, Vest Financial LLC raised its holdings in shares of Lockheed Martin by 1.4% during the third quarter. Vest Financial LLC now owns 7,400 shares of the aerospace company’s stock worth $3,768,000 after purchasing an additional 105 shares during the period. 74.19% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on LMT. Vertical Research upgraded shares of Lockheed Martin from a “hold” rating to a “buy” rating and set a $600.00 price target on the stock in a research report on Wednesday, October 14th. Citigroup upped their price objective on Lockheed Martin from $641.00 to $691.00 and gave the stock a “buy” rating in a research note on Thursday, August 13th. Weiss Ratings upgraded Lockheed Martin from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, October 9th. Wall Street Zen downgraded shares of Lockheed Martin from a “strong-buy” rating to a “buy” rating in a report on Saturday, October 17th. Finally, UBS Group reissued a “buy” rating and set a $653.00 price target on shares of Lockheed Martin in a report on Friday, October 16th. One research 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 issued a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $627.10.

Lockheed Martin Trading Up 6.7%

Shares of LMT stock opened at $588.64 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. Lockheed Martin Corporation has a 1 year low of $437.25 and a 1 year high of $692.00. The stock has a fifty day moving average of $538.59 and a two-hundred day moving average of $541.86. The firm has a market capitalization of $135.85 billion, a PE ratio of 21.70, a price-to-earnings-growth ratio of 1.19 and a beta of 0.09.

Lockheed Martin (NYSE:LMT) last released its quarterly earnings results on Thursday, October 22nd. The aerospace company reported $7.97 earnings per share (EPS) for the quarter, topping the consensus estimate of $7.52 by $0.45. The company had revenue of $20.71 billion during the quarter, compared to analysts’ expectations of $20.48 billion. Lockheed Martin had a return on equity of 91.42% and a net margin of 8.16%. The company’s revenue for the quarter was up 11.3% compared to the same quarter last year. During the same quarter in the prior year, the business posted $6.95 earnings per share. As a group, research analysts expect that Lockheed Martin Corporation will post 30.43 EPS for the current year.

Lockheed Martin Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 31st. Investors of record on Tuesday, December 1st will be issued a $3.60 dividend. The ex-dividend date of this dividend is Tuesday, December 1st. This is an increase from Lockheed Martin’s previous quarterly dividend of $3.45. This represents a $14.40 annualized dividend and a yield of 2.4%. Lockheed Martin’s dividend payout ratio is currently 50.87%.

Key Stories Impacting Lockheed Martin

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

• Positive Sentiment: Q3 results exceeded expectations. Lockheed Martin reported adjusted earnings of $7.97 per share versus the $7.52 consensus estimate, while sales rose 11.3% year over year to $20.71 billion, ahead of the $20.48 billion forecast. Net earnings increased 14% to $1.85 billion. Lockheed Martin Reports Third Quarter 2026 Financial Results
• Positive Sentiment: Management raised its 2026 outlook. The company now expects approximately $80 billion to $82 billion in 2026 sales and diluted EPS of $30.35 to $30.75, signaling continued confidence in defense demand and production growth. Lockheed lifts annual forecast as missile, jet production ramps up
• Positive Sentiment: Record backlog provides significant revenue visibility. Backlog reached approximately $292 billion, including $52.5 billion tied to the multiyear PAC-3 Missile Segment Enhancement award. All four business segments posted sales growth, led by a 24% increase in Missiles and Fire Control. Defense Giant Lockheed Martin Raises 2026 Outlook
• Positive Sentiment: New F-35 framework strengthens long-term demand. The Pentagon and Lockheed Martin agreed on a 10-year framework covering production of 850 F-35 aircraft. In exchange for greater order certainty, Lockheed plans to invest about $7 billion in projects supporting the program, including supply-chain and sustainment efforts. Lockheed and Pentagon strike initial deal to produce 850 F-35 jets
• Neutral Sentiment: Operating cash flow was $3.4 billion and free cash flow was $3.0 billion, supporting the company’s financial position, although investors will monitor execution as missile and aircraft production ramps up. Lockheed Martin Q3 Sales Rise 11% to $20.7 Billion

About Lockheed Martin

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.