National Pension Service Has $331.32 Million Stock Position in Lockheed Martin Corporation $LMT

National Pension Service grew its position in Lockheed Martin Corporation (NYSE:LMT) by 2.5% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 650,340 shares of the aerospace company’s stock after acquiring an additional 15,807 shares during the quarter. National Pension Service owned 0.28% of Lockheed Martin worth $331,322,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of LMT. Basso Capital Management L.P. acquired a new position in shares of Lockheed Martin in the fourth quarter valued at $25,000. Burnham & Co LLC acquired a new stake in Lockheed Martin during the second quarter worth $25,000. United Financial Planning Group LLC acquired a new stake in Lockheed Martin during the third quarter worth $25,000. Clarity Asset Management Inc. bought a new stake in Lockheed Martin in the 4th quarter valued at $26,000. Finally, Field & Main Bank bought a new stake in Lockheed Martin in the 2nd quarter valued at $26,000. Institutional investors and hedge funds own 74.19% of the company’s stock.

Wall Street Analysts Forecast Growth

LMT has been the subject of a number of analyst reports. Royal Bank Of Canada raised their price objective on shares of Lockheed Martin from $575.00 to $600.00 and gave the stock a “sector perform” rating in a report on Friday, July 24th. Robert W. Baird set a $700.00 target price on shares of Lockheed Martin in a research note on Friday, July 24th. Sanford C. Bernstein reissued a “market perform” rating on shares of Lockheed Martin in a research report on Friday, May 29th. UBS Group raised Lockheed Martin from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $581.00 to $674.00 in a report on Tuesday. Finally, Citigroup upped their price objective on Lockheed Martin from $641.00 to $691.00 and gave the company a “buy” rating in a research note on Thursday, August 13th. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Lockheed Martin presently has a consensus rating of “Hold” and an average target price of $637.56.

Key Stories Impacting Lockheed Martin

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

• Positive Sentiment: Ukraine-related Patriot demand: The European Union approved Ukraine’s purchase of Patriot air-defense systems, potentially benefiting Lockheed Martin as Western governments replenish missile inventories and expand their arsenals. Lockheed Poised to Benefit as EU Approves Ukraine’s Purchase of Patriot Missiles
• Positive Sentiment: UBS upgrade and missile growth outlook: UBS upgraded LMT to Buy from Neutral and raised its price target to $674 from $581, citing underappreciated missile demand, F-35 sustainment revenue and other multiyear defense programs. UBS projects Lockheed’s missiles and fire-control revenue could grow 150% through 2030. UBS upgrades Lockheed Martin to Buy, sees 26% upside on missile growth
• Positive Sentiment: International order activity: Sweden agreed to purchase a Lockheed Martin missile system in a deal valued at approximately $729 million, adding to evidence of strong global demand. Sweden to buy Lockheed Martin missile system in $729M deal
• Positive Sentiment: PAC-3 production support: Lockheed awarded L3Harris a $4.7 billion contract for PAC-3 MSE propulsion, supporting the expansion of a key missile-defense program and its supply chain. Lockheed Martin Awards L3Harris $4.7 Billion PAC-3 MSE Propulsion Contract
• Neutral Sentiment: Sector sentiment remains mixed: Analysts continue to view rising global defense budgets as a multiyear tailwind, but defense stocks have recently lagged amid broader market and geopolitical uncertainty. The contrast may be encouraging short-term consolidation even as LMT’s long-term outlook improves. Time to Buy the Dip on Defense Stocks?

Lockheed Martin Stock Down 2.1%

LMT opened at $524.85 on Thursday. The firm’s 50-day simple moving average is $556.64 and its 200-day simple moving average is $567.05. The company has a debt-to-equity ratio of 2.34, a quick ratio of 1.01 and a current ratio of 1.19. Lockheed Martin Corporation has a twelve month low of $437.25 and a twelve month high of $692.00. The firm has a market cap of $121.13 billion, a price-to-earnings ratio of 19.35, a PEG ratio of 1.17 and a beta of 0.10.

Lockheed Martin (NYSE:LMT) last announced its quarterly earnings results on Thursday, July 23rd. The aerospace company reported $7.94 earnings per share (EPS) for the quarter, beating the consensus estimate of $7.22 by $0.72. The firm had revenue of $20.06 billion during the quarter, compared to the consensus estimate of $19.34 billion. Lockheed Martin had a net margin of 8.16% and a return on equity of 91.42%. The firm’s quarterly revenue was up 10.5% on a year-over-year basis. During the same period last year, the firm posted $1.46 EPS. Lockheed Martin has set its FY 2026 guidance at 29.950-30.650 EPS. Equities research analysts anticipate that Lockheed Martin Corporation will post 30.39 EPS for the current fiscal year.

Lockheed Martin Announces Dividend

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 paid a $3.45 dividend. The ex-dividend date is Tuesday, September 1st. This represents a $13.80 dividend on an annualized basis and a dividend yield of 2.6%. Lockheed Martin’s payout ratio is 50.87%.

About Lockheed Martin

Lockheed Martin Corporation is a global aerospace, defense and technology company that develops and produces systems for government and commercial customers, with the U.S. Department of Defense serving as its largest customer. Its principal business areas include Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space.

The company’s products and services include military aircraft such as the F-35 Lightning II, F-16 and C-130; air and missile defense systems; precision weapons; helicopters and maritime systems; radar, sensors and command-and-control technologies; satellites; space exploration systems; and missile-warning and strategic defense capabilities.

Lockheed Martin was created in 1995 through the merger of Lockheed Corporation and Martin Marietta.