Alley Investment Management Company LLC Has $12.60 Million Stock Holdings in Lockheed Martin Corporation $LMT

Key Points

• Alley Investment Management reduced its Lockheed Martin position by 9.7% in the second quarter, selling 2,655 shares and retaining 24,723 shares valued at approximately $12.6 million. Institutional investors and hedge funds collectively own 74.19% of LMT.
• Lockheed Martin reported quarterly EPS of $7.94, exceeding estimates of $7.22, while revenue rose 10.5% year over year to $20.06 billion. The company reaffirmed 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 2.6% yield. Analysts maintain a consensus “Hold” rating with an average price target of $632.39.

Alley Investment Management Company LLC decreased its holdings in shares of Lockheed Martin Corporation (NYSE:LMT - Free Report) by 9.7% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 24,723 shares of the aerospace company's stock after selling 2,655 shares during the period. Alley Investment Management Company LLC's holdings in Lockheed Martin were worth $12,595,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the stock. Basso Capital Management L.P. acquired a new position in shares of Lockheed Martin in the 4th quarter worth approximately $25,000. Burnham & Co LLC acquired a new stake in shares of Lockheed Martin in the second quarter valued at $25,000. United Financial Planning Group LLC acquired a new stake in shares of Lockheed Martin in the third quarter valued at $25,000. Clarity Asset Management Inc. bought a new position in shares of Lockheed Martin in the fourth quarter valued at about $26,000. Finally, Field & Main Bank bought a new position in shares of Lockheed Martin in the second quarter valued at about $26,000. 74.19% of the stock is owned by institutional investors and hedge funds.

Lockheed Martin Stock Up 0.2%

Lockheed Martin stock opened at $532.45 on Friday. The firm has a market capitalization of $122.88 billion, a price-to-earnings ratio of 19.63, a PEG ratio of 1.16 and a beta of 0.10. The company's 50 day simple moving average is $555.22 and its 200 day simple moving average is $570.63. The company has a debt-to-equity ratio of 2.34, a current ratio of 1.19 and a quick ratio of 1.01. Lockheed Martin Corporation has a fifty-two week low of $437.25 and a fifty-two week high of $692.00.

Lockheed Martin (NYSE:LMT - Get Free Report) last issued 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 net margin of 8.16% and a return on equity of 91.42%. The firm had revenue of $20.06 billion during the quarter, compared to the consensus estimate of $19.34 billion. During the same quarter in the prior year, the firm earned $1.46 earnings per share. The business'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, sell-side analysts anticipate that Lockheed Martin Corporation will post 30.39 EPS for the current year.

Lockheed Martin Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 25th. Investors of record on Tuesday, September 1st will be given a $3.45 dividend. This represents a $13.80 annualized dividend and a yield of 2.6%. The ex-dividend date of this dividend is Tuesday, September 1st. Lockheed Martin's payout ratio is currently 50.87%.

Analysts Set New Price Targets

LMT has been the topic of a number of research analyst reports. Royal Bank Of Canada increased their price objective on shares of Lockheed Martin from $575.00 to $600.00 and gave the stock a "sector perform" rating in a report on Friday, July 24th. Sanford C. Bernstein reaffirmed a "market perform" rating on shares of Lockheed Martin in a research note on Friday, May 29th. UBS Group reiterated a "neutral" rating and set a $581.00 target price on shares of Lockheed Martin in a research report on Friday, July 24th. Robert W. Baird set a $700.00 price target on shares of Lockheed Martin in a research note on Friday, July 24th. Finally, TD Cowen lowered their price target on shares of Lockheed Martin from $600.00 to $560.00 and set a "hold" rating for the company in a report on Monday, July 13th. 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 assigned a Sell rating to the stock. According to data from MarketBeat.com, Lockheed Martin has an average rating of "Hold" and an average price target of $632.39.

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.

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