Lockheed Martin Corporation $LMT Shares Acquired by NewEdge Wealth LLC

NewEdge Wealth LLC increased its position in shares of Lockheed Martin Corporation (NYSE:LMT) by 8.2% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 88,412 shares of the aerospace company’s stock after purchasing an additional 6,722 shares during the quarter. NewEdge Wealth LLC’s holdings in Lockheed Martin were worth $53,435,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Charles Schwab Investment Management Inc. raised its stake in Lockheed Martin by 1.3% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 8,638,936 shares of the aerospace company’s stock worth $4,178,399,000 after acquiring an additional 114,900 shares during the period. Morgan Stanley raised its position in shares of Lockheed Martin by 10.1% during the 4th quarter. Morgan Stanley now owns 5,728,551 shares of the aerospace company’s stock worth $2,770,729,000 after purchasing an additional 527,523 shares during the period. Franklin Resources Inc. lifted its holdings in shares of Lockheed Martin by 0.6% in the 4th quarter. Franklin Resources Inc. now owns 1,670,284 shares of the aerospace company’s stock worth $807,866,000 after purchasing an additional 10,349 shares during the last quarter. Deutsche Bank AG lifted its holdings in shares of Lockheed Martin by 7.4% in the 4th quarter. Deutsche Bank AG now owns 1,440,840 shares of the aerospace company’s stock worth $696,891,000 after purchasing an additional 99,403 shares during the last quarter. Finally, AQR Capital Management LLC boosted its position in Lockheed Martin by 107.3% during the 4th quarter. AQR Capital Management LLC now owns 1,293,823 shares of the aerospace company’s stock valued at $625,784,000 after purchasing an additional 669,604 shares during the period. Institutional investors and hedge funds own 74.19% of the company’s stock.

Analysts Set New Price Targets

LMT has been the topic of several analyst reports. Royal Bank Of Canada dropped their target price on Lockheed Martin from $650.00 to $575.00 and set a “sector perform” rating on the stock in a research report on Friday, April 24th. Wall Street Zen downgraded shares of Lockheed Martin from a “buy” rating to a “hold” rating in a report on Saturday, April 25th. Susquehanna lowered their price target on shares of Lockheed Martin from $740.00 to $700.00 and set a “positive” rating for the company in a research report on Friday, April 24th. Morgan Stanley dropped their price objective on shares of Lockheed Martin from $675.00 to $653.00 and set an “equal weight” rating on the stock in a report on Friday, April 24th. Finally, Sanford C. Bernstein reiterated a “market perform” rating on shares of Lockheed Martin in a research report on Friday, May 29th. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Lockheed Martin currently has an average rating of “Hold” and an average price target of $615.78.

Lockheed Martin News Summary

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

• Positive Sentiment: Lockheed Martin declared a third-quarter 2026 dividend of $3.45 per share, reinforcing its shareholder-return story and signaling confidence in cash generation. Lockheed Martin Declares Third Quarter 2026 Dividend
• Positive Sentiment: The company is set to report Q2 results soon, and investors are focused on whether stronger defense spending and renewed Middle East tensions will support orders, backlog, and guidance. Lockheed Martin to report Q2 as Mideast tension renews
• Positive Sentiment: Lockheed recently unveiled a lower-cost Patriot interceptor and announced a propulsion technology partnership with Venus Aerospace, which could strengthen its long-term competitiveness in missile defense and precision-strike systems. Lockheed Martin Unveils Patriot Missile That Could Cost Less Than Half the Current Interceptor as Ukraine, Middle East Conflicts Drive Demand
• Neutral Sentiment: Analyst and market commentary pieces are largely centered on valuation and the upcoming earnings release, with no major new downside surprise in the news flow. Lockheed Martin Reports Q2 Earnings Tomorrow. Here is What Investors Should Expect.
• Negative Sentiment: Some traders are worried that Lockheed’s cheaper Patriot missile could pressure margins if pricing concessions outweigh volume gains, creating a potential near-term earnings concern. Why Lockheed Martin Stock Dropped Tuesday Morning

Lockheed Martin Price Performance

Shares of NYSE LMT opened at $514.50 on Thursday. Lockheed Martin Corporation has a twelve month low of $411.00 and a twelve month high of $692.00. The company has a current ratio of 1.14, a quick ratio of 0.94 and a debt-to-equity ratio of 2.74. The firm has a 50-day moving average of $521.47 and a two-hundred day moving average of $572.63. The company has a market capitalization of $118.62 billion, a price-to-earnings ratio of 24.92, a PEG ratio of 0.91 and a beta of 0.11.

Lockheed Martin (NYSE:LMT) last announced its quarterly earnings data on Thursday, April 23rd. The aerospace company reported $6.44 earnings per share (EPS) for the quarter, missing the consensus estimate of $6.79 by ($0.35). Lockheed Martin had a return on equity of 101.64% and a net margin of 6.38%.The business had revenue of $18.02 billion during the quarter, compared to analyst estimates of $18.38 billion. During the same period in the prior year, the firm earned $7.28 EPS. The business’s revenue for the quarter was up .3% on a year-over-year basis. As a group, analysts expect that Lockheed Martin Corporation will post 29.92 earnings per share for the current fiscal year.

Lockheed Martin Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 25th. Investors of record on Tuesday, September 1st will be issued a dividend of $3.45 per share. This represents a $13.80 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date is Tuesday, September 1st. Lockheed Martin’s dividend payout ratio (DPR) is presently 66.83%.

About Lockheed Martin

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.