Norris Financial Group LLC Makes New Investment in Lockheed Martin Corporation $LMT

Norris Financial Group LLC purchased a new stake in Lockheed Martin Corporation (NYSE:LMT) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 3,840 shares of the aerospace company’s stock, valued at approximately $2,321,000.

A number of other institutional investors also recently modified their holdings of LMT. IAG Wealth Partners LLC raised its position in Lockheed Martin by 4,800.0% in the 1st quarter. IAG Wealth Partners LLC now owns 49 shares of the aerospace company’s stock valued at $30,000 after buying an additional 48 shares during the last quarter. United Financial Planning Group LLC acquired a new position in Lockheed Martin during the 3rd quarter worth approximately $25,000. Basso Capital Management L.P. acquired a new position in Lockheed Martin during the 4th quarter worth approximately $25,000. Clarity Asset Management Inc. bought a new position in shares of Lockheed Martin during the 4th quarter worth approximately $26,000. Finally, TD Capital Management LLC grew its stake in shares of Lockheed Martin by 450.0% during the 4th quarter. TD Capital Management LLC now owns 55 shares of the aerospace company’s stock worth $27,000 after acquiring an additional 45 shares in the last quarter. 74.19% of the stock is currently owned by institutional investors.

Trending Headlines about Lockheed Martin

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

• Positive Sentiment: The U.S. Army awarded Lockheed Martin a seven-year contract modification worth up to $53.86 billion for PAC-3 MSE production, bringing the total multiyear contract value to approximately $58.62 billion. It is reportedly the largest Patriot missile contract to date. Reuters article
• Positive Sentiment: Lockheed Martin plans to triple PAC-3 missile production as the U.S. replenishes inventories depleted by ongoing global conflicts. CEO Jim Taiclet said the award pushes the company’s backlog toward roughly $300 billion, reinforcing long-term revenue visibility. Yahoo Finance article
• Positive Sentiment: The award is part of a broader Pentagon effort to accelerate weapons production and rebuild missile stocks, supporting expectations for sustained defense spending and additional orders. Bloomberg article
• Positive Sentiment: Recent quarterly results also provide support: Lockheed Martin reported $7.94 in adjusted EPS and $20.06 billion in revenue, exceeding consensus estimates, with revenue up 10.5% year over year. Full-year 2026 EPS guidance is $29.95–$30.65.
• Neutral Sentiment: The contract is an “undefinitized” award and is valued at up to the stated amount, so final funding, production timing and profitability may differ from the headline figure. Execution risks will rise as Lockheed Martin scales output rapidly.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the stock. UBS Group reissued a “neutral” rating and issued a $581.00 price objective on shares of Lockheed Martin in a research report on Friday, July 24th. Robert W. Baird set a $700.00 target price on shares of Lockheed Martin in a research report on Friday, July 24th. Morgan Stanley lifted their price target on shares of Lockheed Martin from $653.00 to $690.00 and gave the company an “equal weight” rating in a research note on Friday, July 24th. Susquehanna cut their price target on shares of Lockheed Martin from $740.00 to $700.00 and set a “positive” rating on the stock in a research report on Friday, April 24th. Finally, JPMorgan Chase & Co. reduced their price objective on shares of Lockheed Martin from $680.00 to $605.00 and set a “neutral” rating for the company in a research note on Tuesday, May 5th. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $626.33.

Lockheed Martin Trading Up 0.9%

Shares of Lockheed Martin stock opened at $574.20 on Friday. The stock has a market cap of $132.52 billion, a P/E ratio of 21.16, a P/E/G ratio of 0.98 and a beta of 0.11. The company has a quick ratio of 1.01, a current ratio of 1.19 and a debt-to-equity ratio of 2.34. Lockheed Martin Corporation has a 12-month low of $412.55 and a 12-month high of $692.00. The business’s 50 day moving average is $527.91 and its 200-day moving average is $575.23.

Lockheed Martin (NYSE:LMT) last released its earnings results on Thursday, July 23rd. The aerospace company reported $7.94 earnings per share for the quarter, beating the consensus estimate of $7.22 by $0.72. Lockheed Martin had a net margin of 8.16% and a return on equity of 91.42%. The business had revenue of $20.06 billion during the quarter, compared to analysts’ expectations of $19.34 billion. During the same period last year, the business earned $1.46 earnings per share. The firm’s revenue was up 10.5% on a year-over-year basis. Lockheed Martin has set its FY 2026 guidance at 29.950-30.650 EPS. Equities research analysts predict that Lockheed Martin Corporation will post 30.31 earnings per share for the current fiscal year.

Lockheed Martin Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, September 25th. Stockholders of record on Tuesday, September 1st will be issued a $3.45 dividend. This represents a $13.80 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date of this dividend is Tuesday, September 1st. Lockheed Martin’s dividend payout ratio is presently 50.87%.

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.