Capital Investment Advisors LLC Purchases 13,369 Shares of Lockheed Martin Corporation $LMT

Key Points

• Capital Investment Advisors increased its Lockheed Martin position by 11.4% in the third quarter, purchasing 13,369 additional shares for a total holding of 130,206 shares valued at approximately $66.3 million.
• Institutional interest remains strong, with hedge funds and other institutions owning 74.19% of Lockheed Martin after several firms initiated or expanded positions.
• Lockheed Martin reported a quarterly earnings beat, raised its outlook, and cited a record $292 billion backlog; however, investors should monitor F-35 delivery delays, funding constraints, supply-chain issues, and cash-conversion risks.

Capital Investment Advisors LLC raised its position in Lockheed Martin Corporation (NYSE:LMT - Free Report) by 11.4% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 130,206 shares of the aerospace company's stock after purchasing an additional 13,369 shares during the quarter. Capital Investment Advisors LLC owned 0.06% of Lockheed Martin worth $66,307,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Norris Financial Group LLC bought a new stake in Lockheed Martin during the first quarter valued at $2,321,000. CX Institutional lifted its position in Lockheed Martin by 527.4% in the 3rd quarter. CX Institutional now owns 18,415 shares of the aerospace company's stock valued at $9,378,000 after acquiring an additional 15,480 shares in the last quarter. Talon Private Wealth LLC bought a new stake in Lockheed Martin during the first quarter worth $3,743,000. Meeder Asset Management Inc. bought a new position in shares of Lockheed Martin in the second quarter valued at approximately $11,036,000. Finally, OneDigital Investment Advisors LLC purchased a new stake in shares of Lockheed Martin during the second quarter valued at approximately $4,796,000. 74.19% of the stock is owned by institutional investors and hedge funds.

Lockheed Martin News Roundup

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

• Positive Sentiment: Q3 beat and raised outlook: Lockheed reported adjusted EPS of $7.97 versus the $7.52 consensus, while revenue rose 11.3% year over year to $20.71 billion. Management now expects 2026 sales of $80 billion-$82 billion and EPS of $30.35-$30.75. Lockheed Martin Reports Third Quarter 2026 Financial Results
• Positive Sentiment: Record backlog supports future revenue: Total backlog reached approximately $292 billion, up sharply from the prior quarter, with much of the increase coming from PAC-3 and THAAD missile-defense orders. Missiles and Fire Control sales grew 24% as production accelerated, strengthening visibility into long-term growth. Lockheed Martin’s Record $292 Billion Backlog Comes With a Delivery Test
• Positive Sentiment: Long-term F-35 commitment: The Pentagon and Lockheed announced an initial framework for producing 850 F-35 aircraft over 10 years. The agreement provides greater production visibility and could improve supply-chain efficiency, although Lockheed will invest about $7 billion in supporting projects. Pentagon, Lockheed announce agreement for 850 F-35 jets
• Positive Sentiment: Cash flow and shareholder returns: Lockheed raised its 2026 free-cash-flow outlook to roughly $7.8 billion-$8.0 billion and recently increased its quarterly dividend 4.4% to $3.60 per share. Lockheed Martin, Interactive Brokers, AEP Hike Dividends on Strong Growth
• Neutral Sentiment: Industry forecasts point to strong growth in defense electronics and land-based C4ISR, potentially expanding Lockheed Martin’s addressable market, but these reports are third-party projections rather than new company contracts.
• Negative Sentiment: Execution and funding risks remain: The backlog must be converted into deliveries and cash. F-35 deliveries fell year over year, and Lockheed said spending on the Lot 20 advance contract has exceeded currently authorized funding. Higher contract assets and supply-chain constraints could also delay cash collection or pressure margins. Lockheed is spending its own money before Washington signs off

Lockheed Martin Trading Up 2.5%

NYSE LMT opened at $604.87 on Friday. The firm has a market cap of $139.60 billion, a PE ratio of 21.49, a price-to-earnings-growth ratio of 1.27 and a beta of 0.09. Lockheed Martin Corporation has a 1-year low of $437.25 and a 1-year high of $692.00. The stock has a 50-day moving average of $538.52 and a 200-day moving average of $542.30. The company has a current ratio of 1.26, a quick ratio of 1.01 and a debt-to-equity ratio of 2.04.

Lockheed Martin (NYSE:LMT - Get Free Report) last announced its quarterly earnings results on Thursday, October 22nd. The aerospace company reported $7.97 earnings per share for the quarter, beating the consensus estimate of $7.52 by $0.45. The business had revenue of $20.71 billion during the quarter, compared to analysts' expectations of $20.48 billion. Lockheed Martin had a net margin of 8.23% and a return on equity of 83.41%. The firm's revenue for the quarter was up 11.3% compared to the same quarter last year. During the same quarter in the prior year, the company posted $6.95 EPS. As a group, sell-side analysts forecast that Lockheed Martin Corporation will post 30.49 EPS for the current year.

Lockheed Martin Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 31st. Shareholders of record on Tuesday, December 1st will be issued a $3.60 dividend. This represents a $14.40 dividend on an annualized basis and a yield of 2.4%. This is a boost from Lockheed Martin's previous quarterly dividend of $3.45. The ex-dividend date is Tuesday, December 1st. Lockheed Martin's dividend payout ratio is currently 51.15%.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on LMT shares. Wells Fargo & Company set a $600.00 price objective on shares of Lockheed Martin in a research note on Monday, July 27th. Jefferies Financial Group reissued a "hold" rating on shares of Lockheed Martin in a research note on Wednesday, September 2nd. Vertical Research raised Lockheed Martin from a "hold" rating to a "buy" rating and set a $600.00 target price on the stock in a research note on Wednesday, October 14th. Citigroup lifted their price target on Lockheed Martin from $691.00 to $706.00 and gave the stock a "buy" rating in a research note on Friday. Finally, Royal Bank Of Canada upped their price objective on Lockheed Martin from $550.00 to $600.00 and gave the stock a "sector perform" rating in a report on Friday. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $632.33.

Lockheed Martin Profile

Lockheed Martin Corporation is a global security and aerospace company headquartered in Bethesda, Maryland. Formed in 1995 through the merger of Lockheed Corporation and Martin Marietta, the company develops and produces advanced defense, aerospace, and technology systems for government and commercial customers.

Its principal business areas include Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space. Products and services include military aircraft such as the F-35 Lightning II, C-130 Hercules, and F-16 Fighting Falcon; missile-defense and precision-strike systems; helicopters and naval systems; command, control, communications, and intelligence technologies; satellites; space exploration systems; and other classified space and defense programs.

Lockheed Martin serves the U.S.

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