Renaissance Technologies LLC Increases Stock Position in Lockheed Martin Corporation $LMT

Renaissance Technologies LLC boosted its position in Lockheed Martin Corporation (NYSE:LMT) by 28.5% during the first quarter, Holdings Channel.com reports. The fund owned 194,640 shares of the aerospace company’s stock after acquiring an additional 43,160 shares during the period. Renaissance Technologies LLC’s holdings in Lockheed Martin were worth $117,638,000 at the end of the most recent quarter.

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

Lockheed Martin Stock Performance

Shares of LMT opened at $582.73 on Friday. The company has a 50-day simple moving average of $523.78 and a two-hundred day simple moving average of $573.21. The company has a debt-to-equity ratio of 2.34, a current ratio of 1.19 and a quick ratio of 0.94. The firm has a market capitalization of $134.35 billion, a PE ratio of 21.48, a price-to-earnings-growth ratio of 1.04 and a beta of 0.11. Lockheed Martin Corporation has a one year low of $412.55 and a one year high of $692.00.

Lockheed Martin (NYSE:LMT) last posted its earnings results on Thursday, July 23rd. The aerospace company reported $7.94 earnings per share for the quarter, topping analysts’ consensus estimates of $7.22 by $0.72. Lockheed Martin had a return on equity of 91.42% and a net margin of 8.16%.The firm had revenue of $20.06 billion for the quarter, compared to the consensus estimate of $19.34 billion. During the same quarter in the prior year, the business earned $1.46 EPS. The business’s revenue for the quarter was up 10.5% on a year-over-year basis. Lockheed Martin has set its FY 2026 guidance at 29.950-30.650 EPS. On average, analysts anticipate that Lockheed Martin Corporation will post 30.12 EPS for the current fiscal year.

Lockheed Martin Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, September 25th. Investors of record on Tuesday, September 1st will be paid a $3.45 dividend. This represents a $13.80 annualized dividend and a 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%.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on the company. Royal Bank Of Canada increased their price objective on Lockheed Martin from $575.00 to $600.00 and gave the stock a “sector perform” rating in a report on Friday. 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 research note on Friday, April 24th. Morgan Stanley upped their target price on Lockheed Martin from $653.00 to $690.00 and gave the company an “equal weight” rating in a report on Friday. UBS Group reaffirmed a “neutral” rating and issued a $581.00 price target on shares of Lockheed Martin in a research note on Friday. Finally, DZ Bank upgraded shares of Lockheed Martin from a “hold” rating to a “strong-buy” rating in a report on Thursday, April 30th. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $624.94.

Key Headlines Impacting Lockheed Martin

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

• Positive Sentiment: Lockheed beat Q2 expectations with EPS of $7.94 and revenue of $20.06 billion, helped by 10.5% year-over-year sales growth. Reuters: Lockheed Martin lifts 2026 forecasts as Pentagon seeks to restock weapons
• Positive Sentiment: The company raised 2026 guidance for both sales and earnings, signaling management confidence in sustained demand and improved execution. PR Newswire: Lockheed Martin Reports Second Quarter 2026 Financial Results
• Positive Sentiment: Backlog hit a record $230 billion, boosted by major contracts such as the $35 billion THAAD interceptor award, giving investors long-term revenue visibility. Yahoo Finance: Lockheed Martin Says Record Backlog Will Fuel Sales Growth for Years to Come
• Positive Sentiment: Management highlighted expanding munitions production and broader defense demand, which should support future growth as the Pentagon replenishes weapons stockpiles. WSJ: Lockheed Martin Raises Full-Year Outlook on Continued Expansion of Munitions Production
• Neutral Sentiment: Lockheed also unveiled new missile-defense technology and continued investing ahead of contract awards, a strategic move that could help growth but adds some execution risk. Benzinga: Lockheed Isn’t Waiting For Pentagon Orders Anymore
• Negative Sentiment: Some analysts still caution that execution needs to stay consistent, so future gains may depend on whether management can keep deliveries, margins, and production ramp-ups on track. Yahoo Finance: Lockheed Martin Posted Strong Q2 Results but Execution Remains Key, RBC Says

Lockheed Martin Company 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.