iA Global Asset Management Inc. Makes New Investment in Lockheed Martin Corporation $LMT

iA Global Asset Management Inc. acquired a new position in Lockheed Martin Corporation (NYSE:LMT) during the first quarter, HoldingsChannel reports. The institutional investor acquired 1,289 shares of the aerospace company’s stock, valued at approximately $779,000.

Other hedge funds have also recently made changes to their positions in the company. Basso Capital Management L.P. bought a new stake in Lockheed Martin in the fourth quarter valued at $25,000. United Financial Planning Group LLC bought a new position in Lockheed Martin in the 3rd quarter worth $25,000. Clarity Asset Management Inc. purchased a new stake in shares of Lockheed Martin in the 4th quarter worth about $26,000. Triumph Capital Management lifted its position in shares of Lockheed Martin by 66.7% in the 4th quarter. Triumph Capital Management now owns 55 shares of the aerospace company’s stock worth $26,000 after purchasing an additional 22 shares during the period. Finally, Bard Associates Inc. bought a new stake in shares of Lockheed Martin during the 4th quarter valued at about $27,000. 74.19% of the stock is owned by hedge funds and other institutional investors.

Lockheed Martin Price Performance

Shares of NYSE LMT opened at $544.75 on Friday. Lockheed Martin Corporation has a fifty-two week low of $410.11 and a fifty-two week high of $692.00. The company has a 50 day simple moving average of $520.69 and a two-hundred day simple moving average of $568.80. The company has a market capitalization of $125.60 billion, a price-to-earnings ratio of 26.38, a P/E/G ratio of 0.95 and a beta of 0.11. The company has a debt-to-equity ratio of 2.74, a quick ratio of 0.94 and a current ratio of 1.14.

Lockheed Martin (NYSE:LMT) last released its earnings results 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). The business had revenue of $18.02 billion for the quarter, compared to analysts’ expectations of $18.38 billion. Lockheed Martin had a net margin of 6.38% and a return on equity of 101.64%. Lockheed Martin’s revenue for the quarter was up .3% on a year-over-year basis. During the same quarter in the previous year, the business posted $7.28 earnings per share. Lockheed Martin has set its FY 2026 guidance at 29.350-30.250 EPS. Analysts expect that Lockheed Martin Corporation will post 29.88 EPS for the current fiscal year.

Lockheed Martin Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Monday, June 1st were issued a $3.45 dividend. This represents a $13.80 annualized dividend and a yield of 2.5%. The ex-dividend date of this dividend was Monday, June 1st. Lockheed Martin’s payout ratio is 66.83%.

Lockheed Martin News Roundup

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

• Positive Sentiment: Lockheed Martin was reported to be the front-runner to buy Ultra Maritime in a deal valued at about $3.5 billion, which could expand its naval-defense footprint and add to its long-term growth story. Lockheed Martin frontrunner for $3.5B Ultra Maritime deal, sources say – FT
• Positive Sentiment: The company also continues to benefit from large defense awards, including a massive missile-defense production contract for THAAD interceptors and a separate U.S. Army radar contract, reinforcing strong demand for its products. Why Lockheed Martin (LMT) Is Up 6.1% After Massive Missile-Defense Contracts And Index Shift
• Positive Sentiment: Citi upgraded Lockheed Martin to Buy, signaling that some analysts see the recent weakness as a buying opportunity. Why Lockheed Stock’s Brutal Quarter Is Sending a Buy Signal
• Neutral Sentiment: Lockheed Martin announced it will webcast its second-quarter 2026 earnings call on July 23, setting up the next major company update for investors. Lockheed Martin Announces Second Quarter 2026 Earnings Results Webcast
• Negative Sentiment: Some coverage continues to highlight pressure from program charges, weaker cash flow, and a recent quarter that was not as strong as peers, which could temper enthusiasm despite the contract wins. General Dynamics Vs. Lockheed Martin: Buy General Dynamics for Deep Marine Backlogs
• Negative Sentiment: UBS cut its price target on Lockheed Martin, reflecting a more cautious view on valuation and near-term upside. UBS cuts price target on Lockheed Martin to 538 from 683

Analyst Upgrades and Downgrades

LMT has been the topic of several research analyst reports. Citigroup upgraded shares of Lockheed Martin from a “neutral” rating to a “buy” rating and boosted their price target for the company from $571.00 to $582.00 in a research report on Wednesday. JPMorgan Chase & Co. cut their price objective on Lockheed Martin from $680.00 to $605.00 and set a “neutral” rating on the stock in a research report on Tuesday, May 5th. Deutsche Bank Aktiengesellschaft reduced their target price on Lockheed Martin from $615.00 to $575.00 and set a “hold” rating on the stock in a report on Friday, April 24th. DZ Bank raised Lockheed Martin from a “hold” rating to a “strong-buy” rating in a research report on Thursday, April 30th. Finally, Bank of America reduced their price target on Lockheed Martin from $660.00 to $600.00 and set a “neutral” rating on the stock in a research note on Friday, April 24th. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Lockheed Martin presently has an average rating of “Hold” and an average target price of $613.63.

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.