12,554 Shares in Lockheed Martin Corporation $LMT Purchased by Infrastructure Capital Advisors LLC

Key Points

• Infrastructure Capital Advisors purchased 12,554 Lockheed Martin shares worth approximately $6.4 million in the second quarter. Institutional investors collectively own 74.19% of the company.
• Lockheed Martin beat quarterly expectations, reporting $7.94 in EPS versus the $7.22 consensus and $20.06 billion in revenue, up 10.5% year over year. The company guided to fiscal 2026 EPS of $29.95–$30.65.
• The company declared a quarterly dividend of $3.45 per share, equivalent to an annualized $13.80 payout and a 2.4% yield. Analysts maintain a consensus “Hold” rating with an average price target of $632.39.

Infrastructure Capital Advisors LLC bought a new position in Lockheed Martin Corporation (NYSE:LMT - Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 12,554 shares of the aerospace company's stock, valued at approximately $6,396,000.

Other institutional investors also recently made changes to their positions in the company. World Investment Advisors boosted its stake in Lockheed Martin by 54.7% during the 4th quarter. World Investment Advisors now owns 14,739 shares of the aerospace company's stock valued at $7,129,000 after purchasing an additional 5,214 shares in the last quarter. SG Americas Securities LLC lifted its holdings in shares of Lockheed Martin by 5.4% in the first quarter. SG Americas Securities LLC now owns 276,383 shares of the aerospace company's stock valued at $167,043,000 after buying an additional 14,150 shares during the period. Secured Retirement Advisors LLC boosted its stake in Lockheed Martin by 288.6% during the fourth quarter. Secured Retirement Advisors LLC now owns 3,128 shares of the aerospace company's stock valued at $1,513,000 after buying an additional 2,323 shares in the last quarter. Norris Financial Group LLC acquired a new position in Lockheed Martin during the first quarter worth about $2,321,000. Finally, Legal Advantage Investments Inc. bought a new stake in Lockheed Martin in the first quarter worth about $1,451,000. 74.19% of the stock is owned by institutional investors.

Lockheed Martin Stock Up 0.2%

Shares of NYSE:LMT opened at $564.61 on Monday. The company's fifty day moving average is $547.80 and its 200-day moving average is $575.31. 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 52 week low of $437.25 and a 52 week high of $692.00. The company has a market capitalization of $130.31 billion, a PE ratio of 20.81, a P/E/G ratio of 0.97 and a beta of 0.10.

Lockheed Martin (NYSE:LMT - Get Free Report) 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 predict that Lockheed Martin Corporation will post 30.39 earnings per share for the current fiscal year.

Lockheed Martin Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, September 25th. Stockholders of record on Tuesday, September 1st will be paid a dividend of $3.45 per share. This represents a $13.80 annualized dividend 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 50.87%.

Analysts Set New Price Targets

LMT has been the topic of a number of research reports. Wall Street Zen downgraded shares of Lockheed Martin from a "strong-buy" rating to a "buy" rating in a report on Saturday, August 15th. Citigroup lifted their target price on Lockheed Martin from $641.00 to $691.00 and gave the company a "buy" rating in a research note on Thursday, August 13th. Royal Bank Of Canada lifted their target price on shares of Lockheed Martin from $575.00 to $600.00 and gave the company a "sector perform" rating in a research note on Friday, July 24th. TD Cowen lowered their price target on Lockheed Martin from $600.00 to $560.00 and set a "hold" rating for the company in a research note on Monday, July 13th. Finally, Morgan Stanley upped their price target on Lockheed Martin from $653.00 to $690.00 and gave the stock an "equal weight" rating in a research note on Friday, July 24th. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price of $632.39.

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.

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