ASK Capital Investment Managers LLC Buys New Stake in Lockheed Martin Corporation $LMT

Key Points

• ASK Capital Investment Managers bought 6,178 Lockheed Martin shares worth approximately $3.15 million, making LMT its 13th-largest holding and representing 3.5% of its portfolio. Institutional investors collectively own 74.19% of the company.
• Lockheed Martin is expanding solid rocket motor production with Avio, introduced the PAC-3 Edge interceptor, and secured roughly $114 million in GPS modernization awards, potentially supporting future defense and space growth. However, competition from Anduril’s lower-cost interceptor remains a concern.
• LMT shares opened at $503.72, below their 50-day and 200-day moving averages, while analysts maintain a consensus “Hold” rating with a $634.50 target price. The company raised its quarterly dividend 4.3% to $3.60 per share and reported quarterly earnings and revenue above expectations.

ASK Capital Investment Managers LLC bought a new stake in Lockheed Martin Corporation (NYSE:LMT - Free Report) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 6,178 shares of the aerospace company's stock, valued at approximately $3,146,000. Lockheed Martin comprises about 3.5% of ASK Capital Investment Managers LLC's investment portfolio, making the stock its 13th largest position.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. SG Americas Securities LLC lifted its holdings in Lockheed Martin by 5.4% during the 1st 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 in the last quarter. Norris Financial Group LLC purchased a new position in Lockheed Martin in the 1st quarter valued at approximately $2,321,000. Legal Advantage Investments Inc. acquired a new position in shares of Lockheed Martin in the first quarter worth $1,451,000. CX Institutional grew its stake in shares of Lockheed Martin by 527.4% in the third quarter. CX Institutional now owns 18,415 shares of the aerospace company's stock worth $9,378,000 after acquiring an additional 15,480 shares in the last quarter. Finally, Talon Private Wealth LLC acquired a new position in shares of Lockheed Martin in the first quarter worth $3,743,000. Hedge funds and other institutional investors own 74.19% of the company's stock.

Key Headlines Impacting Lockheed Martin

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

• Positive Sentiment: Lockheed Martin and Avio agreed to expand U.S. solid rocket motor production. Initial work is expected to support the Extended Range GMLRS and Precision Strike Missile programs, potentially strengthening LMT’s manufacturing capacity, supply-chain resilience, and ability to benefit from higher defense demand. Lockheed Martin and Avio Announce Strategic Cooperation Agreement for Solid Rocket Motor Production
• Positive Sentiment: The company introduced the PAC-3 Edge interceptor for advanced and hypersonic missile threats. If selected for the Army’s Future Interceptor or low-cost interceptor initiatives, the product could create additional long-term missile-defense revenue. However, the articles indicate that adoption is not yet assured. Lockheed Martin Debuts PAC 3 Edge Interceptor
• Positive Sentiment: Recent GPS modernization awards totaling approximately $114 million could support growth in LMT’s space business, particularly as demand rises for secure satellite-navigation systems. Can GPS Modernization Strengthen Lockheed Martin’s Growth Outlook?
• Neutral Sentiment: Lockheed Martin increased its quarterly dividend 4.3% to $3.60 per share, equivalent to $14.40 annually and a reported yield of about 2.8%. The increase supports the shareholder-return case but is unlikely to materially change near-term earnings expectations.
• Neutral Sentiment: A comparison with Boeing highlighted LMT’s approximately $6.9 billion in free cash flow and lower leverage, while Barclays initiated coverage with an “Equal Weight” rating, signaling limited near-term conviction. Lockheed Martin Stock Rated Equal Weight in New Coverage at Barclays
• Negative Sentiment: Investors remain concerned that Anduril’s lower-cost Steelfin interceptor could challenge Lockheed Martin’s position in Patriot and THAAD-related defense markets. That competitive threat, combined with LMT’s broader underperformance and shares trading below recent moving averages, is weighing on sentiment. Lockheed Martin Stock at Risk as Anduril Builds Cheaper Patriot THAAD Alternative

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on LMT. UBS Group raised Lockheed Martin from a "neutral" rating to a "buy" rating and upped their price objective for the stock from $581.00 to $674.00 in a research report on Tuesday, September 8th. Wall Street Zen raised Lockheed Martin from a "buy" rating to a "strong-buy" rating in a research note on Sunday, September 20th. Jefferies Financial Group reissued a "hold" rating on shares of Lockheed Martin in a research note on Wednesday, September 2nd. Barclays initiated coverage on Lockheed Martin in a report on Friday, October 9th. They set an "equal weight" rating and a $554.00 price target on the stock. Finally, Rothschild & Co Redburn assumed coverage on Lockheed Martin in a report on Tuesday, October 6th. They set a "buy" rating and a $650.00 price target on the stock. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus target price of $634.50.

Lockheed Martin Trading Down 1.6%

NYSE LMT opened at $503.72 on Wednesday. The firm's fifty day moving average price is $544.68 and its 200 day moving average price is $545.11. 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 company has a market capitalization of $116.25 billion, a price-to-earnings ratio of 17.80, a price-to-earnings-growth ratio of 1.11 and a beta of 0.09.

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 for the quarter, beating analysts' consensus estimates of $7.22 by $0.72. The firm had revenue of $20.06 billion during the quarter, compared to analysts' expectations of $19.34 billion. Lockheed Martin had a net margin of 8.16% and a return on equity of 91.42%. Lockheed Martin's quarterly revenue was up 10.5% compared to the same quarter last year. During the same period in the previous year, the company earned $1.46 earnings per share. Lockheed Martin has set its FY 2026 guidance at 29.950-30.650 EPS. On average, sell-side analysts expect that Lockheed Martin Corporation will post 30.44 earnings per share for the current fiscal year.

Lockheed Martin Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 31st. Stockholders of record on Tuesday, December 1st will be issued a $3.60 dividend. This represents a $14.40 annualized dividend and a dividend yield of 2.9%. The ex-dividend date of this dividend is Tuesday, December 1st. This is an increase from Lockheed Martin's previous quarterly dividend of $3.45. Lockheed Martin's dividend payout ratio (DPR) is presently 50.87%.

Lockheed Martin Company Profile

Lockheed Martin Corporation is a global aerospace, defense and technology company headquartered in Bethesda, Maryland. The company develops and produces advanced systems for government and commercial customers, with the U.S. Department of Defense and other U.S. government agencies representing its primary customers.

Its principal activities include the design and manufacture of military aircraft, missiles, air and missile defense systems, radar and sensor technologies, naval and rotary-wing systems, satellites, space exploration systems, and cybersecurity and information technology solutions.

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