Concurrent Investment Advisors LLC Grows Holdings in Lockheed Martin Corporation $LMT

Key Points

• Concurrent Investment Advisors increased its Lockheed Martin position by 41.5% in the second quarter, bringing its holdings to 29,733 shares valued at approximately $15.1 million. Institutional investors collectively own 74.19% of LMT shares.
• Lockheed Martin exceeded quarterly expectations, reporting $7.94 in adjusted earnings per share and $20.06 billion in revenue, with revenue rising 10.5% year over year. 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.

Concurrent Investment Advisors LLC grew its position in Lockheed Martin Corporation (NYSE:LMT - Free Report) by 41.5% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 29,733 shares of the aerospace company's stock after purchasing an additional 8,726 shares during the quarter. Concurrent Investment Advisors LLC's holdings in Lockheed Martin were worth $15,148,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. BlackRock Inc. bought a new stake in Lockheed Martin in the second quarter worth $9,617,574,000. Charles Schwab Investment Management Inc. lifted its position in Lockheed Martin by 1.3% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 8,638,936 shares of the aerospace company's stock valued at $4,178,399,000 after purchasing an additional 114,900 shares during the last quarter. Corient Private Wealth LP purchased a new position in shares of Lockheed Martin in the 2nd quarter worth $101,960,000. Morgan Stanley grew its stake in shares of Lockheed Martin by 10.1% in the 4th quarter. Morgan Stanley now owns 5,728,551 shares of the aerospace company's stock worth $2,770,729,000 after buying an additional 527,523 shares in the last quarter. Finally, Franklin Resources Inc. increased its holdings in shares of Lockheed Martin by 0.6% in the 4th quarter. Franklin Resources Inc. now owns 1,670,284 shares of the aerospace company's stock worth $807,866,000 after buying an additional 10,349 shares during the last quarter. 74.19% of the stock is owned by hedge funds and other institutional investors.

Lockheed Martin Stock Performance

Shares of Lockheed Martin stock opened at $524.58 on Friday. The company has a quick ratio of 1.01, a current ratio of 1.19 and a debt-to-equity ratio of 2.34. The stock's fifty day moving average is $555.58 and its two-hundred day moving average is $570.30. Lockheed Martin Corporation has a 52 week low of $437.25 and a 52 week high of $692.00. The company has a market capitalization of $121.07 billion, a PE ratio of 19.34, a price-to-earnings-growth ratio of 1.16 and a beta of 0.10.

Lockheed Martin (NYSE:LMT - Get Free Report) last released its earnings results on Thursday, July 23rd. The aerospace company reported $7.94 earnings per share for the quarter, topping the consensus estimate of $7.22 by $0.72. The business had revenue of $20.06 billion during the quarter, compared to the consensus estimate of $19.34 billion. Lockheed Martin had a return on equity of 91.42% and a net margin of 8.16%.The business's revenue for the quarter was up 10.5% compared to the same quarter last year. During the same period last year, the company earned $1.46 earnings per share. Lockheed Martin has set its FY 2026 guidance at 29.950-30.650 EPS. As a group, analysts expect that Lockheed Martin Corporation will post 30.39 earnings per share for the current 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 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 50.87%.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on LMT shares. Wells Fargo & Company set a $600.00 target price on shares of Lockheed Martin in a research report on Monday, July 27th. Weiss Ratings raised Lockheed Martin from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Thursday, August 13th. 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 research report on Monday, July 13th. Royal Bank Of Canada lifted their target price on Lockheed Martin from $575.00 to $600.00 and gave the stock a "sector perform" rating in a report on Friday, July 24th. Finally, UBS Group reissued a "neutral" rating and set a $581.00 target price on shares of Lockheed Martin in a research report on Friday, July 24th. One investment 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 given a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of "Hold" and an average target price 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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