Rayburn West Financial Services LLC Takes $6.01 Million Position in Lockheed Martin Corporation $LMT

Rayburn West Financial Services LLC acquired a new stake in shares of Lockheed Martin Corporation (NYSE:LMT) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 12,416 shares of the aerospace company’s stock, valued at approximately $6,005,000. Lockheed Martin makes up about 3.7% of Rayburn West Financial Services LLC’s investment portfolio, making the stock its 6th largest position.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Wellington Management Group LLP boosted its stake in shares of Lockheed Martin by 3.4% during the third quarter. Wellington Management Group LLP now owns 2,384,753 shares of the aerospace company’s stock valued at $1,190,493,000 after purchasing an additional 79,491 shares in the last quarter. Invesco Ltd. boosted its stake in shares of Lockheed Martin by 4.2% during the third quarter. Invesco Ltd. now owns 2,196,058 shares of the aerospace company’s stock valued at $1,096,294,000 after purchasing an additional 87,663 shares in the last quarter. Legal & General Group Plc boosted its stake in shares of Lockheed Martin by 6.6% during the third quarter. Legal & General Group Plc now owns 1,022,940 shares of the aerospace company’s stock valued at $510,662,000 after purchasing an additional 63,430 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of Lockheed Martin by 41.3% during the third quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 808,409 shares of the aerospace company’s stock valued at $403,534,000 after purchasing an additional 236,137 shares in the last quarter. Finally, Ameriprise Financial Inc. boosted its stake in shares of Lockheed Martin by 16.6% during the second quarter. Ameriprise Financial Inc. now owns 761,382 shares of the aerospace company’s stock valued at $347,381,000 after purchasing an additional 108,553 shares in the last quarter. 74.19% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of equities research analysts recently commented on LMT shares. Deutsche Bank Aktiengesellschaft decreased their target price on shares of Lockheed Martin from $615.00 to $575.00 and set a “hold” rating for the company in a research report on Friday, April 24th. Jefferies Financial Group reissued a “hold” rating and set a $595.00 target price on shares of Lockheed Martin in a research report on Sunday, April 26th. Argus increased their target price on shares of Lockheed Martin from $530.00 to $735.00 and gave the company a “buy” rating in a research report on Friday, March 6th. JPMorgan Chase & Co. decreased their target price on shares of Lockheed Martin from $680.00 to $605.00 and set a “neutral” rating for the company in a research report on Tuesday, May 5th. Finally, BNP Paribas Exane decreased their target price on shares of Lockheed Martin from $770.00 to $680.00 and set an “outperform” rating for the company in a research report on Friday, April 24th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $628.63.

Lockheed Martin Trading Down 0.1%

NYSE:LMT opened at $520.35 on Thursday. The firm has a 50 day moving average of $596.78 and a 200 day moving average of $554.71. The stock has a market capitalization of $119.97 billion, a price-to-earnings ratio of 25.20, a PEG ratio of 0.94 and a beta of 0.10. Lockheed Martin Corporation has a 52 week low of $410.11 and a 52 week high of $692.00. The company has a quick ratio of 0.94, a current ratio of 1.14 and a debt-to-equity ratio of 2.74.

Lockheed Martin (NYSE:LMT) last posted its quarterly earnings data on Thursday, April 23rd. The aerospace company reported $6.44 EPS for the quarter, missing the consensus estimate of $6.79 by ($0.35). The company had revenue of $18.02 billion for the quarter, compared to analyst estimates of $18.38 billion. Lockheed Martin had a return on equity of 101.64% and a net margin of 6.38%.The company’s quarterly revenue was up .3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $7.28 earnings per share. Lockheed Martin has set its FY 2026 guidance at 29.350-30.250 EPS. As a group, sell-side analysts anticipate that Lockheed Martin Corporation will post 29.88 earnings per share for the current fiscal year.

Lockheed Martin Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 26th. Stockholders of record on Monday, June 1st will be issued a dividend of $3.45 per share. The ex-dividend date of this dividend is Monday, June 1st. This represents a $13.80 dividend on an annualized basis and a dividend yield of 2.7%. Lockheed Martin’s payout ratio is 66.83%.

Key Headlines Impacting Lockheed Martin

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

• Positive Sentiment: Lockheed Martin declared a quarterly dividend of $3.45 per share, underscoring its commitment to returning cash to shareholders and supporting the stock’s income appeal. Lockheed Martin Declares Second Quarter 2026 Dividend
• Positive Sentiment: Analysts continue to see upside in Lockheed Martin, with one recent note highlighting an estimated 27% potential gain, reflecting confidence in the company’s defense franchise and earnings power. Analysts See 27% Upside To Lockheed Martin Corporation (LMT)
• Positive Sentiment: New defense contracts and program wins, including Space Force interceptor work, PAC-3 support, and a 5G solution for U.S. and allied forces, reinforce the company’s role in next-generation military systems. Will New Space Interceptor and 5G Contracts Plus Leadership Shift Change Lockheed Martin’s (LMT) Narrative
• Neutral Sentiment: Several articles focus on Lockheed Martin’s long-term investment case and strong historical returns, which supports the stock’s reputation but does not add a new catalyst by itself. Here’s How Much $1000 Invested In Lockheed Martin 15 Years Ago Would Be Worth Today
• Neutral Sentiment: Lockheed Martin’s aeronautics leadership transition appears orderly, with Greg Ulmer retiring and OJ Sanchez stepping in, suggesting continuity rather than disruption. Will New Space Interceptor and 5G Contracts Plus Leadership Shift Change Lockheed Martin’s (LMT) Narrative
• Negative Sentiment: Sen. Elizabeth Warren criticized defense contractors over high repair costs and pushed for a military “right to repair” law, which could increase regulatory pressure on Lockheed Martin and peers. Elizabeth Warren Slams Defense Contractors Like Lockheed Martin Over ‘$47,000’ Bill For ‘$15’ Fix, Demands ‘Right To Repair’ Law For Military
• Negative Sentiment: Some recent valuation updates have trimmed fair value estimates and price targets, signaling more cautious analyst sentiment even as the long-term outlook remains constructive. How The Lockheed Martin (LMT) Investment Story Is Shifting With New Targets And Programs

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.