Ameritas Advisory Services LLC Acquires 8,317 Shares of Lockheed Martin Corporation $LMT

Ameritas Advisory Services LLC boosted its holdings in Lockheed Martin Corporation (NYSE:LMT - Free Report) by 271.2% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 11,384 shares of the aerospace company's stock after buying an additional 8,317 shares during the period. Ameritas Advisory Services LLC's holdings in Lockheed Martin were worth $5,800,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Basso Capital Management L.P. acquired a new stake in Lockheed Martin in the 4th quarter worth $25,000. Burnham & Co LLC acquired a new stake in shares of Lockheed Martin during the 2nd quarter worth approximately $25,000. United Financial Planning Group LLC bought a new stake in shares of Lockheed Martin during the third 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. Finally, Field & Main Bank bought a new position in shares of Lockheed Martin during the 2nd quarter worth about $26,000. 74.19% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research firms have weighed in on LMT. TD Cowen decreased their price objective on Lockheed Martin from $600.00 to $560.00 and set a "hold" rating on the stock in a report on Monday, July 13th. Citigroup increased their target price on shares of Lockheed Martin from $641.00 to $691.00 and gave the stock a "buy" rating in a research report on Thursday, August 13th. Jefferies Financial Group reissued a "hold" rating on shares of Lockheed Martin in a report on Wednesday, September 2nd. Morgan Stanley boosted their price target on shares of Lockheed Martin from $653.00 to $690.00 and gave the company an "equal weight" rating in a research report on Friday, July 24th. Finally, Robert W. Baird set a $700.00 price objective on shares of Lockheed Martin in a research note on Friday, July 24th. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Lockheed Martin presently has a consensus rating of "Hold" and an average price target of $632.39.

Lockheed Martin News Roundup

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

• Positive Sentiment: Sweden selected approximately 10 HIMARS launchers and ammunition from Lockheed Martin in a deal valued at about $729 million, with deliveries expected to begin in 2027. The agreement also includes potential Swedish production of HIMARS ammunition with Saab, strengthening LMT’s European defense footprint. Sweden to buy Lockheed Martin's Himars artillery rocket system in $729 mln deal
• Positive Sentiment: Lockheed Martin’s Javelin joint venture with Raytheon signed an agreement with India’s Tata Advanced Systems to explore co-production of Javelin missile systems in India. Local manufacturing could expand LMT’s presence in a strategically important market and improve access to future Indian defense contracts. Lockheed Martin’s Javelin JV Signs Co-Production MOU With Tata Advanced Systems
• Positive Sentiment: The Sweden order adds to momentum in LMT’s missile segment, which was reported to have posted a 19% sales increase. The award also supports the company’s long-term backlog and benefits from rising European defense spending. Lockheed's $729 Million HIMARS Win Feeds a 19% Missile-Sales Surge
• Neutral Sentiment: Recent analysis remains constructive on missile demand and Lockheed Martin’s record backlog, but notes that the stock’s valuation already reflects significant optimism and that program execution remains a risk. Brokerages currently carry an average “Hold” recommendation. Lockheed Martin: Missile Demand Is Surging, But The Stock Still Prices In Some Execution Risk

Lockheed Martin Stock Performance

Lockheed Martin stock opened at $524.58 on Tuesday. The company has a market cap of $121.07 billion, a PE ratio of 19.34, a PEG ratio of 1.14 and a beta of 0.10. The company has a current ratio of 1.19, a quick ratio of 1.01 and a debt-to-equity ratio of 2.34. Lockheed Martin Corporation has a 1 year low of $437.25 and a 1 year high of $692.00. The company's 50-day moving average is $556.02 and its two-hundred day moving average is $568.85.

Lockheed Martin (NYSE:LMT - Get Free Report) last posted its quarterly earnings results on Thursday, July 23rd. The aerospace company reported $7.94 earnings per share for the quarter, topping analysts' consensus estimates of $7.22 by $0.72. Lockheed Martin had a net margin of 8.16% and a return on equity of 91.42%. 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 previous year, the firm posted $1.46 earnings per share. Lockheed Martin's revenue for the quarter 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. Equities analysts anticipate that Lockheed Martin Corporation will post 30.39 earnings per share for the current 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 given a $3.45 dividend. This represents a $13.80 annualized dividend and a dividend yield of 2.6%. The ex-dividend date is Tuesday, September 1st. Lockheed Martin's dividend payout ratio (DPR) is currently 50.87%.

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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