Aljian Capital Management LLC Takes Position in Lockheed Martin Corporation $LMT

Aljian Capital Management LLC purchased a new position in shares of Lockheed Martin Corporation (NYSE:LMT - Free Report) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 7,691 shares of the aerospace company's stock, valued at approximately $3,918,000. Lockheed Martin accounts for 0.7% of Aljian Capital Management LLC's investment portfolio, making the stock its 21st biggest holding.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. World Investment Advisors lifted its position in Lockheed Martin by 54.7% in the fourth quarter. World Investment Advisors now owns 14,739 shares of the aerospace company's stock valued at $7,129,000 after acquiring an additional 5,214 shares during the last quarter. SG Americas Securities LLC increased its position in Lockheed Martin by 5.4% during the first quarter. SG Americas Securities LLC now owns 276,383 shares of the aerospace company's stock worth $167,043,000 after buying an additional 14,150 shares during the period. Secured Retirement Advisors LLC lifted its stake in Lockheed Martin by 288.6% in 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 during the last quarter. Norris Financial Group LLC purchased a new stake in Lockheed Martin in the first quarter valued at approximately $2,321,000. Finally, Legal Advantage Investments Inc. acquired a new stake in shares of Lockheed Martin in the first quarter valued at approximately $1,451,000. 74.19% of the stock is owned by institutional investors and hedge funds.

Lockheed Martin Stock Up 2.5%

LMT opened at $608.30 on Wednesday. Lockheed Martin Corporation has a 12 month low of $437.25 and a 12 month high of $692.00. The company has a debt-to-equity ratio of 2.34, a current ratio of 1.19 and a quick ratio of 1.01. The stock has a market cap of $140.39 billion, a P/E ratio of 22.42, a P/E/G ratio of 1.04 and a beta of 0.10. The stock's 50 day moving average price is $545.57 and its 200 day moving average price is $576.49.

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, 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 company had revenue of $20.06 billion during the quarter, compared to analyst estimates of $19.34 billion. During the same quarter in the previous year, the firm posted $1.46 EPS. The firm's quarterly revenue was up 10.5% on a year-over-year basis. Lockheed Martin has set its FY 2026 guidance at 29.950-30.650 EPS. As a group, research analysts predict that Lockheed Martin Corporation will post 30.39 earnings per share for the current year.

Lockheed Martin Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, September 25th. Shareholders of record on Tuesday, September 1st will be paid a dividend of $3.45 per share. The ex-dividend date of this dividend is Tuesday, September 1st. This represents a $13.80 annualized dividend and a yield of 2.3%. Lockheed Martin's dividend payout ratio (DPR) is presently 50.87%.

Analysts Set New Price Targets

A number of equities analysts have issued reports on LMT shares. DZ Bank upgraded shares of Lockheed Martin from a "hold" rating to a "strong-buy" rating in a research report on Thursday, April 30th. Jefferies Financial Group restated a "hold" rating on shares of Lockheed Martin in a research report on Sunday, July 26th. JPMorgan Chase & Co. reduced their target price on Lockheed Martin from $680.00 to $605.00 and set a "neutral" rating on the stock in a research note on Tuesday, May 5th. Royal Bank Of Canada increased their target price on Lockheed Martin from $575.00 to $600.00 and gave the company a "sector perform" rating in a report on Friday, July 24th. Finally, Robert W. Baird set a $700.00 target price on Lockheed Martin in a report on Friday, July 24th. One investment analyst has rated the stock with a Strong Buy rating, eight have issued 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 presently has a consensus rating of "Hold" and an average target price of $632.39.

Trending Headlines about Lockheed Martin

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

• Positive Sentiment: The U.S. Department of Defense awarded Lockheed Martin multiple contracts worth more than $152 million. The awards are part of a broader Air Force effort involving 24 companies and up to $920 million, reinforcing demand for LMT’s defense systems and adding to its backlog. Lockheed Wins Slew Of Contracts. Air Force Doles Out $920 Mil Award.
• Positive Sentiment: Lockheed Martin validated the first Japanese Aegis System Equipped Vessel radar shipset. The milestone supports the company’s international naval-defense franchise and could improve confidence in future export and modernization opportunities. Lockheed Martin Validates First Japanese ASEV Radar Shipset
• Positive Sentiment: A major competitor, RTX Corporation, won a $22.9 billion, seven-year Navy Tomahawk contract and raised its 2026 guidance after beating second-quarter estimates. While the award goes to RTX, it highlights strong, multi-year U.S. defense spending and supports a favorable sector backdrop for LMT. RTX Stock Gets a Radar Lock on a $23B Navy Win
• Neutral Sentiment: Articles examining LMT’s valuation and performance relative to the S&P 500 suggest investors are weighing its strong defense outlook against the possibility that the shares already reflect much of the expected growth. Lockheed Martin: Is the Valuation Gap Getting Wider? What Comes Next for Lockheed Martin vs S&P 500?
• Negative Sentiment: United Launch Alliance, the Boeing-Lockheed joint venture, appointed Mark Peller as CEO after an extended interim period amid challenges surrounding its Vulcan rocket program. Leadership stability is constructive, but the reported program difficulties could keep pressure on LMT’s space-launch exposure. United Launch Alliance Names New CEO Amid Vulcan Rocket Travails

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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