Amundi Boosts Stock Position in Lockheed Martin Corporation $LMT

Key Points

• Amundi increased its Lockheed Martin stake by 14.5% in the second quarter, owning 29,010 shares valued at approximately $14.8 million. Institutional investors collectively hold 74.19% of the company’s stock.
• Lockheed Martin exceeded quarterly expectations with $7.94 EPS and $20.06 billion in revenue, up 10.5% year over year, and guided to fiscal 2026 EPS of $29.95–$30.65.
• The company declared a quarterly dividend of $3.45, equivalent to an annualized $13.80 payout and a 2.6% yield. Despite mixed analyst views, Wall Street’s consensus rating remains “Hold,” with an average price target of $637.56.

Amundi lifted its stake in Lockheed Martin Corporation (NYSE:LMT - Free Report) by 14.5% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 29,010 shares of the aerospace company's stock after purchasing an additional 3,677 shares during the quarter. Amundi's holdings in Lockheed Martin were worth $14,779,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in LMT. HighTower Advisors LLC lifted its stake in shares of Lockheed Martin by 4.8% in the 2nd quarter. HighTower Advisors LLC now owns 412,521 shares of the aerospace company's stock valued at $210,163,000 after purchasing an additional 18,971 shares during the last quarter. Groupe la Francaise raised its holdings in Lockheed Martin by 95.7% in the 2nd quarter. Groupe la Francaise now owns 90 shares of the aerospace company's stock valued at $43,000 after buying an additional 44 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in Lockheed Martin in the second quarter valued at about $55,695,000. California State Teachers Retirement System boosted its stake in Lockheed Martin by 49,985.5% during the second quarter. California State Teachers Retirement System now owns 163,027,709 shares of the aerospace company's stock worth $83,056,097,000 after buying an additional 162,702,210 shares during the period. Finally, Ameritas Advisory Services LLC boosted its stake in Lockheed Martin by 271.2% during the second quarter. Ameritas Advisory Services LLC now owns 11,384 shares of the aerospace company's stock worth $5,800,000 after buying an additional 8,317 shares during the period. Hedge funds and other institutional investors own 74.19% of the company's stock.

Lockheed Martin Stock Down 1.1%

LMT stock opened at $524.40 on Friday. 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 twelve month low of $437.25 and a twelve month high of $692.00. The company's 50 day moving average is $555.94 and its two-hundred day moving average is $565.85. The stock has a market cap of $121.03 billion, a P/E ratio of 19.33, a PEG ratio of 1.15 and a beta of 0.10.

Lockheed Martin (NYSE:LMT - Get Free Report) last issued its earnings results on Thursday, July 23rd. The aerospace company reported $7.94 earnings per share (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 business had revenue of $20.06 billion during the quarter, compared to analysts' expectations of $19.34 billion. During the same quarter in the prior year, the business posted $1.46 EPS. The company's revenue for the quarter was up 10.5% on a year-over-year basis. Lockheed Martin has set its FY 2026 guidance at 29.950-30.650 EPS. Research analysts expect 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 paid a $3.45 dividend. This represents a $13.80 annualized dividend and a yield of 2.6%. The ex-dividend date is Tuesday, September 1st. Lockheed Martin's dividend payout ratio is currently 50.87%.

Wall Street Analysts Forecast Growth

LMT has been the topic of several recent analyst reports. TD Cowen decreased their price objective on shares of Lockheed Martin from $600.00 to $560.00 and set a "hold" rating on the stock in a report on Monday, July 13th. Wall Street Zen cut Lockheed Martin from a "strong-buy" rating to a "buy" rating in a research note on Saturday. Weiss Ratings upgraded Lockheed Martin from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Thursday, August 13th. Jefferies Financial Group reiterated a "hold" rating on shares of Lockheed Martin in a report on Wednesday, September 2nd. Finally, Citigroup increased their target price on Lockheed Martin from $641.00 to $691.00 and gave the stock a "buy" rating in a research note on Thursday, August 13th. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price of $637.56.

Key Stories Impacting Lockheed Martin

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

• Positive Sentiment: The U.S. Army confirmed that Lockheed Martin has advanced to the demonstration phase of the competition for the Integrated Fires Protection Capability Increment 2 second interceptor. Progress in the program could support future missile-defense orders, although a contract award is not yet assured. Army Confirms Lockheed Also Advances To Demo Phase Of IFPC Inc. 2 Second Interceptor Competition
• Positive Sentiment: UBS upgraded Lockheed Martin, citing a structural increase in defense demand that could provide durable support for the company’s backlog and revenue outlook. UBS sees a structural shift building at Lockheed Martin
• Positive Sentiment: Lockheed Martin and IBM are establishing a quantum-computing innovation hub at ETH Zurich, funded in part through Switzerland’s offset obligations related to its purchase of 36 F-35A aircraft. The IBM Quantum System Two will support research into navigation, materials science and other potential defense applications. The initiative strengthens Lockheed’s technology partnerships but is unlikely to materially affect near-term earnings. IBM, Lockheed Martin Announce Swiss Quantum Innovation Hub
• Neutral Sentiment: CEO Jim Taiclet and CFO Evan Scott are scheduled to participate in a Morgan Stanley conference. Investors may look for updates on demand, margins, cash flow and program execution. Lockheed Martin executives to speak at Morgan Stanley conference
• Negative Sentiment: Recent analysis cautions that fixed-price contracts could pressure margins if costs rise, while political scrutiny and shifting defense priorities may challenge traditional business practices. At roughly 17–18 times forward earnings and with a dividend yield near 2.6%, the valuation reflects some of these risks but leaves investors focused on execution. Lockheed Martin valuation and risk analysis

Lockheed Martin Company Profile

Lockheed Martin Corporation is a global aerospace, defense and technology company that develops and produces systems for government and commercial customers, with the U.S. Department of Defense serving as its largest customer. Its principal business areas include Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space.

The company's products and services include military aircraft such as the F-35 Lightning II, F-16 and C-130; air and missile defense systems; precision weapons; helicopters and maritime systems; radar, sensors and command-and-control technologies; satellites; space exploration systems; and missile-warning and strategic defense capabilities.

Lockheed Martin was created in 1995 through the merger of Lockheed Corporation and Martin Marietta.

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