2,342 Shares in Lockheed Martin Corporation $LMT Purchased by Triton Financial Group Inc

Key Points

• Triton Financial Group initiated a Lockheed Martin position by purchasing 2,342 shares worth approximately $1.19 million in the second quarter. Institutional investors and hedge funds collectively own 74.19% of the company.
• Lockheed Martin reported quarterly adjusted earnings of $7.94 per share, beating estimates of $7.22, while revenue rose 10.5% year over year to $20.06 billion. The company issued fiscal 2026 EPS guidance of $29.95–$30.65.
• Analysts maintain a consensus “Hold” rating with a $632.39 price target; shares recently opened at $565.81. Lockheed Martin also declared a quarterly dividend of $3.45 per share, representing a 2.4% annualized yield.

Triton Financial Group Inc bought a new stake in Lockheed Martin Corporation (NYSE:LMT - Free Report) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 2,342 shares of the aerospace company's stock, valued at approximately $1,193,000.

Several other large investors have also recently bought and sold shares of the stock. IAG Wealth Partners LLC boosted its holdings in shares of Lockheed Martin by 4,800.0% in the first quarter. IAG Wealth Partners LLC now owns 49 shares of the aerospace company's stock valued at $30,000 after acquiring an additional 48 shares in the last quarter. Burnham & Co LLC bought a new stake in Lockheed Martin during the second quarter worth approximately $25,000. United Financial Planning Group LLC bought a new stake in Lockheed Martin during the third quarter worth approximately $25,000. Basso Capital Management L.P. acquired a new stake in Lockheed Martin in the fourth quarter worth approximately $25,000. Finally, Clarity Asset Management Inc. acquired a new stake in Lockheed Martin in the fourth quarter worth approximately $26,000. Institutional investors and hedge funds own 74.19% of the company's stock.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on LMT. DZ Bank raised Lockheed Martin from a "hold" rating to a "strong-buy" rating in a research note on Thursday, April 30th. Robert W. Baird set a $700.00 price objective on Lockheed Martin in a research note on Friday, July 24th. Jefferies Financial Group restated a "hold" rating on shares of Lockheed Martin in a report on Sunday, July 26th. Citigroup raised 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. Finally, Morgan Stanley lifted their target price on Lockheed Martin from $653.00 to $690.00 and gave the stock an "equal weight" rating in a report on Friday, July 24th. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Lockheed Martin presently has a consensus rating of "Hold" and a consensus price target of $632.39.

Lockheed Martin Stock Performance

Shares of NYSE LMT opened at $565.81 on Friday. The stock's fifty day simple moving average is $550.67 and its 200 day simple moving average is $573.82. The stock has a market capitalization of $130.58 billion, a price-to-earnings ratio of 20.86, a PEG ratio of 0.97 and a beta of 0.10. The company has a quick ratio of 1.01, a current ratio of 1.19 and a debt-to-equity ratio of 2.34. Lockheed Martin Corporation has a 52-week low of $437.25 and a 52-week high of $692.00.

Lockheed Martin (NYSE:LMT - Get Free Report) last announced its earnings results on Thursday, July 23rd. The aerospace company reported $7.94 EPS for the quarter, beating 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 business had revenue of $20.06 billion during the quarter, compared to the consensus estimate of $19.34 billion. During the same period in the prior year, the business posted $1.46 earnings per share. 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. As a group, sell-side analysts forecast that Lockheed Martin Corporation will post 30.39 earnings per share for the current fiscal year.

Lockheed Martin Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 25th. Shareholders of record on Tuesday, September 1st will be issued a dividend of $3.45 per share. This represents a $13.80 annualized dividend and a yield of 2.4%. The ex-dividend date is Tuesday, September 1st. Lockheed Martin's payout ratio is presently 50.87%.

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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