Deutsche Bank AG Acquires New Position in Lockheed Martin Corporation $LMT

Key Points

• Deutsche Bank acquired 538,919 Lockheed Martin shares in the second quarter, worth approximately $274.6 million and representing 0.23% of the company. Institutional investors collectively own 74.19% of LMT.
• Analyst sentiment remains mixed, with a consensus “Hold” rating and an average price target of $632.39. Recent targets ranged from $560 to $690.
• Lockheed Martin exceeded quarterly earnings and revenue estimates, reporting $7.94 in EPS and $20.06 billion in revenue, while declaring a quarterly dividend of $3.45 per share, or a 2.3% annualized yield.

Deutsche Bank AG bought a new stake in Lockheed Martin Corporation (NYSE:LMT - Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 538,919 shares of the aerospace company's stock, valued at approximately $274,558,000. Deutsche Bank AG owned 0.23% of Lockheed Martin as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently made changes to their positions in the company. Basso Capital Management L.P. purchased a new position in Lockheed Martin in the 4th quarter valued at approximately $25,000. United Financial Planning Group LLC acquired a new stake in Lockheed Martin in the third quarter valued at $25,000. Clarity Asset Management Inc. acquired a new stake in Lockheed Martin in the fourth quarter valued at $26,000. Triumph Capital Management increased its position in shares of Lockheed Martin by 66.7% in the fourth quarter. Triumph Capital Management now owns 55 shares of the aerospace company's stock valued at $26,000 after buying an additional 22 shares in the last quarter. Finally, Bard Associates Inc. purchased a new position in shares of Lockheed Martin in the fourth quarter valued at $27,000. 74.19% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

LMT has been the topic of several recent research 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 research report on Monday, July 13th. Morgan Stanley lifted their target price on shares of Lockheed Martin from $653.00 to $690.00 and gave the stock an "equal weight" rating in a research report on Friday, July 24th. BNP Paribas Exane reduced their price target on shares of Lockheed Martin from $770.00 to $680.00 and set an "outperform" rating on the stock in a report on Friday, April 24th. Royal Bank Of Canada increased their price target on shares of Lockheed Martin from $575.00 to $600.00 and gave the company a "sector perform" rating in a research report on Friday, July 24th. Finally, DZ Bank raised shares of Lockheed Martin from a "hold" rating to a "strong-buy" rating in a research note on Thursday, April 30th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average target price of $632.39.

Lockheed Martin Price Performance

NYSE:LMT opened at $608.30 on Wednesday. Lockheed Martin Corporation has a 12-month low of $437.25 and a 12-month high of $692.00. The firm has a market cap of $140.39 billion, a price-to-earnings ratio of 22.42, a price-to-earnings-growth ratio of 1.04 and a beta of 0.10. The company's 50-day moving average is $545.57 and its two-hundred day moving average is $576.49. 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 (NYSE:LMT - Get Free Report) last issued its quarterly earnings results on Thursday, July 23rd. The aerospace company reported $7.94 EPS for the quarter, topping analysts' consensus estimates 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 net margin of 8.16% and a return on equity of 91.42%. The company's quarterly revenue was up 10.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.46 earnings per share. 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 EPS for the current year.

Lockheed Martin Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 25th. Shareholders of record on Tuesday, September 1st will be paid a dividend of $3.45 per share. This represents a $13.80 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date of this dividend is Tuesday, September 1st. Lockheed Martin's dividend payout ratio is currently 50.87%.

Key Headlines Impacting Lockheed Martin

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

• Positive Sentiment: The U.S. Department of Defense awarded Lockheed Martin multiple contracts worth more than $152 million. The awards are part of a broader Air Force effort involving 24 companies and up to $920 million, reinforcing demand for LMT’s defense systems and adding to its backlog. Lockheed Wins Slew Of Contracts. Air Force Doles Out $920 Mil Award.
• Positive Sentiment: Lockheed Martin validated the first Japanese Aegis System Equipped Vessel radar shipset. The milestone supports the company’s international naval-defense franchise and could improve confidence in future export and modernization opportunities. Lockheed Martin Validates First Japanese ASEV Radar Shipset
• Positive Sentiment: A major competitor, RTX Corporation, won a $22.9 billion, seven-year Navy Tomahawk contract and raised its 2026 guidance after beating second-quarter estimates. While the award goes to RTX, it highlights strong, multi-year U.S. defense spending and supports a favorable sector backdrop for LMT. RTX Stock Gets a Radar Lock on a $23B Navy Win
• Neutral Sentiment: Articles examining LMT’s valuation and performance relative to the S&P 500 suggest investors are weighing its strong defense outlook against the possibility that the shares already reflect much of the expected growth. Lockheed Martin: Is the Valuation Gap Getting Wider? What Comes Next for Lockheed Martin vs S&P 500?
• Negative Sentiment: United Launch Alliance, the Boeing-Lockheed joint venture, appointed Mark Peller as CEO after an extended interim period amid challenges surrounding its Vulcan rocket program. Leadership stability is constructive, but the reported program difficulties could keep pressure on LMT’s space-launch exposure. United Launch Alliance Names New CEO Amid Vulcan Rocket Travails

About Lockheed Martin

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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