21,662 Shares in Lockheed Martin Corporation $LMT Purchased by Meeder Asset Management Inc.

Key Points

• Meeder Asset Management purchased 21,662 Lockheed Martin shares in the second quarter, valued at approximately $11.0 million. Institutional investors and hedge funds own 74.19% of the company.
• Lockheed Martin exceeded quarterly expectations, reporting $7.94 in EPS on $20.06 billion in revenue, with revenue up 10.5% year over year. The company issued fiscal 2026 EPS guidance of $29.95–$30.65.
• The company declared a quarterly dividend of $3.45 per share, equivalent to $13.80 annually and a 2.3% yield. Analyst sentiment remains mixed, with an overall “Hold” rating and a consensus price target of $632.39.

Meeder Asset Management Inc. purchased a new stake in shares of Lockheed Martin Corporation (NYSE:LMT - Free Report) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 21,662 shares of the aerospace company's stock, valued at approximately $11,036,000.

Other large investors also recently bought and sold shares of the company. Basso Capital Management L.P. acquired a new stake in shares of Lockheed Martin during the 4th quarter worth approximately $25,000. United Financial Planning Group LLC purchased a new position in shares of Lockheed Martin during the 3rd quarter valued at approximately $25,000. Clarity Asset Management Inc. acquired a new position in shares of Lockheed Martin in the 4th quarter valued at $26,000. Triumph Capital Management lifted its stake 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 valued at $26,000 after purchasing an additional 22 shares during the period. Finally, Bard Associates Inc. acquired a new position in shares of Lockheed Martin in the 4th quarter valued at $27,000. 74.19% of the stock is owned by institutional investors and hedge funds.

Lockheed Martin Stock Down 2.4%

LMT opened at $594.26 on Tuesday. Lockheed Martin Corporation has a twelve month low of $437.25 and a twelve month high of $692.00. The company has a quick ratio of 1.01, a current ratio of 1.19 and a debt-to-equity ratio of 2.34. The company has a 50-day moving average price of $544.00 and a 200 day moving average price of $576.42. The company has a market cap of $137.15 billion, a PE ratio of 21.90, a price-to-earnings-growth ratio of 1.04 and a beta of 0.10.

Lockheed Martin (NYSE:LMT - Get Free Report) last posted its quarterly earnings data on Thursday, July 23rd. The aerospace company reported $7.94 earnings per share (EPS) for the quarter, topping the consensus estimate of $7.22 by $0.72. Lockheed Martin had a return on equity of 91.42% and a net margin of 8.16%.The company had revenue of $20.06 billion for the quarter, compared to analysts' expectations of $19.34 billion. During the same period in the previous year, the firm posted $1.46 EPS. Lockheed Martin's revenue 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. Sell-side analysts expect that Lockheed Martin Corporation will post 30.39 earnings per share for the current fiscal year.

Lockheed Martin Dividend Announcement

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 given a $3.45 dividend. This represents a $13.80 annualized dividend and a dividend yield of 2.3%. The ex-dividend date is Tuesday, September 1st. Lockheed Martin's dividend payout ratio (DPR) is 50.87%.

Analyst Upgrades and Downgrades

Several analysts recently commented on the stock. JPMorgan Chase & Co. dropped their price target on shares of Lockheed Martin from $680.00 to $605.00 and set a "neutral" rating on the stock in a research report on Tuesday, May 5th. TD Cowen cut 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. Citigroup upped their price target on Lockheed Martin from $641.00 to $691.00 and gave the stock a "buy" rating in a report on Thursday. Weiss Ratings upgraded Lockheed Martin from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Thursday. Finally, BNP Paribas Exane dropped their price objective on Lockheed Martin from $770.00 to $680.00 and set an "outperform" rating on the stock in a report on Friday, April 24th. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Hold" and a consensus target price of $632.39.

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.

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