Diversify Advisory Services LLC Purchases Shares of 15,306 Lockheed Martin Corporation $LMT

Key Points

• Diversify Advisory Services acquired 15,306 Lockheed Martin shares worth approximately $8.9 million in the second quarter. Institutional investors collectively own 74.19% of LMT.
• Analysts maintain a consensus “Hold” rating with an average price target of $632.39, despite individual targets ranging from $581 to $700.
• Lockheed Martin exceeded quarterly earnings and revenue expectations, reporting $7.94 in EPS and $20.06 billion in revenue, while declaring a quarterly dividend of $3.45, equivalent to a 2.3% annualized yield.

Diversify Advisory Services LLC purchased a new position in Lockheed Martin Corporation (NYSE:LMT - Free Report) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 15,306 shares of the aerospace company's stock, valued at approximately $8,877,000.

Other institutional investors have also recently made changes to their positions in the company. BlackRock Inc. bought a new position in shares of Lockheed Martin during the 2nd quarter valued at approximately $9,617,574,000. Charles Schwab Investment Management Inc. raised its stake in Lockheed Martin by 1.3% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 8,638,936 shares of the aerospace company's stock worth $4,178,399,000 after acquiring an additional 114,900 shares during the period. Morgan Stanley raised its stake in Lockheed Martin by 10.1% during the 4th quarter. Morgan Stanley now owns 5,728,551 shares of the aerospace company's stock worth $2,770,729,000 after acquiring an additional 527,523 shares during the period. Franklin Resources Inc. lifted its holdings in Lockheed Martin by 0.6% during the fourth quarter. Franklin Resources Inc. now owns 1,670,284 shares of the aerospace company's stock valued at $807,866,000 after purchasing an additional 10,349 shares in the last quarter. Finally, Deutsche Bank AG lifted its holdings in Lockheed Martin by 7.4% during the fourth quarter. Deutsche Bank AG now owns 1,440,840 shares of the aerospace company's stock valued at $696,891,000 after purchasing an additional 99,403 shares in the last quarter. Institutional investors own 74.19% of the company's stock.

Analysts Set New Price Targets

LMT has been the subject of a number of analyst reports. Morgan Stanley increased their price objective on shares of Lockheed Martin from $653.00 to $690.00 and gave the stock an "equal weight" rating in a research note on Friday, July 24th. UBS Group restated a "neutral" rating and set a $581.00 target price on shares of Lockheed Martin in a research note on Friday, July 24th. JPMorgan Chase & Co. dropped their target price on shares of Lockheed Martin from $680.00 to $605.00 and set a "neutral" rating for the company in a report on Tuesday, May 5th. Robert W. Baird set a $700.00 price target on Lockheed Martin in a research note on Friday, July 24th. Finally, Wells Fargo & Company set a $600.00 price target on Lockheed Martin in a report on Monday, July 27th. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus price target of $632.39.

Lockheed Martin Stock Performance

Lockheed Martin stock opened at $608.30 on Wednesday. The company's 50-day moving average price is $545.57 and its 200-day moving average price is $576.49. Lockheed Martin Corporation has a twelve month low of $437.25 and a twelve month high of $692.00. 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 company has a market cap of $140.39 billion, a PE ratio of 22.42, a price-to-earnings-growth ratio of 1.04 and a beta of 0.10.

Lockheed Martin (NYSE:LMT - Get Free Report) last announced its quarterly earnings results on Thursday, July 23rd. The aerospace company reported $7.94 EPS 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 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 firm's revenue for the quarter was up 10.5% compared to the same quarter last year. During the same quarter last year, the firm earned $1.46 EPS. Lockheed Martin has set its FY 2026 guidance at 29.950-30.650 EPS. On average, equities research analysts forecast that Lockheed Martin Corporation will post 30.39 EPS for the current fiscal year.

Lockheed Martin Announces Dividend

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

Key Stories 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

Lockheed Martin 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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