Dickmeyer Boyce Financial Management Inc. Takes Position in Lockheed Martin Corporation $LMT

Dickmeyer Boyce Financial Management Inc. bought a new position in Lockheed Martin Corporation (NYSE:LMT) in the 1st quarter, Holdings Channel.com reports. The firm bought 1,937 shares of the aerospace company’s stock, valued at approximately $1,171,000.

Other institutional investors have also added to or reduced their stakes in the company. Diamant Asset Management Inc. boosted its stake in Lockheed Martin by 60,339.0% in the first quarter. Diamant Asset Management Inc. now owns 879,387 shares of the aerospace company’s stock worth $531,493,000 after buying an additional 877,932 shares in the last quarter. AQR Capital Management LLC raised its stake in shares of Lockheed Martin by 107.3% during the fourth quarter. AQR Capital Management LLC now owns 1,293,823 shares of the aerospace company’s stock worth $625,784,000 after acquiring an additional 669,604 shares in the last quarter. Morgan Stanley raised its stake in shares of Lockheed Martin by 10.1% during the fourth quarter. Morgan Stanley now owns 5,728,551 shares of the aerospace company’s stock worth $2,770,729,000 after acquiring an additional 527,523 shares in the last quarter. Corient Private Wealth LLC lifted its holdings in shares of Lockheed Martin by 203.3% in the 4th quarter. Corient Private Wealth LLC now owns 560,363 shares of the aerospace company’s stock worth $271,031,000 after acquiring an additional 375,622 shares during the last quarter. Finally, Canoe Financial LP purchased a new stake in shares of Lockheed Martin in the 4th quarter valued at $166,403,000. Institutional investors own 74.19% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on LMT. DZ Bank raised shares of Lockheed Martin from a “hold” rating to a “strong-buy” rating in a research note on Thursday, April 30th. Wall Street Zen cut Lockheed Martin from a “buy” rating to a “hold” rating in a research note on Saturday, April 25th. JPMorgan Chase & Co. lowered their target price on Lockheed Martin from $680.00 to $605.00 and set a “neutral” rating for the company in a research note on Tuesday, May 5th. Deutsche Bank Aktiengesellschaft reduced their price target on Lockheed Martin from $615.00 to $575.00 and set a “hold” rating on the stock in a research report on Friday, April 24th. Finally, Morgan Stanley decreased their price target on Lockheed Martin from $675.00 to $653.00 and set an “equal weight” rating on the stock in a research note on Friday, April 24th. One 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 MarketBeat, Lockheed Martin currently has an average rating of “Hold” and a consensus target price of $615.78.

Key Stories Impacting Lockheed Martin

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

• Positive Sentiment: LMT beat Q2 estimates with EPS of $7.94 and revenue of $20.06 billion, both above Wall Street expectations, while sales rose 10.5% year over year. Lockheed Martin Reports Second Quarter 2026 Financial Results
• Positive Sentiment: The company raised 2026 guidance, now expecting EPS of $29.95 to $30.65 and revenue of $79.8 billion to $81.8 billion, signaling stronger demand and better execution ahead. Lockheed Martin lifts 2026 forecasts as Pentagon seeks to restock weapons
• Positive Sentiment: Management highlighted a record $230 billion backlog, helped by a large THAAD interceptor contract and continued expansion in munitions production, reinforcing visibility into future revenue. Lockheed Martin’s stock skyrockets as push to build more missiles faster pays off
• Positive Sentiment: Rising global defense spending and Pentagon efforts to restock weapons stockpiles are boosting demand for LMT’s missile and air-defense systems. Lockheed Martin, RTX lift 2026 forecasts as Pentagon looks to restock weapons
• Neutral Sentiment: The stock is also benefiting from broad defense-sector strength, even as the wider market falls on tech-earnings and inflation worries tied to higher oil prices. LMT Stock Soars as Lockheed Martin Raises Annual Forecast

Lockheed Martin Stock Performance

Shares of LMT stock opened at $568.62 on Friday. The firm has a market capitalization of $131.10 billion, a price-to-earnings ratio of 27.54, a PEG ratio of 0.92 and a beta of 0.11. The stock has a fifty day moving average of $522.45 and a 200 day moving average of $573.14. Lockheed Martin Corporation has a 52 week low of $412.55 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 announced its earnings results on Thursday, July 23rd. The aerospace company reported $7.94 earnings per share for the quarter, beating analysts’ consensus estimates of $7.22 by $0.72. Lockheed Martin had a net margin of 6.38% and a return on equity of 101.64%. The firm had revenue of $20.06 billion for the quarter, compared to analyst estimates of $19.34 billion. During the same quarter in the previous year, the firm posted $1.46 EPS. The company’s revenue for the quarter was up 10.5% compared to the same quarter last year. Lockheed Martin has set its FY 2026 guidance at 29.950-30.650 EPS. As a group, research analysts expect that Lockheed Martin Corporation will post 29.92 earnings per share for the current year.

Lockheed Martin Dividend Announcement

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