Greg Jennings LLC Purchases New Holdings in Lockheed Martin Corporation $LMT

Key Points

• Greg Jennings LLC purchased 6,125 Lockheed Martin shares worth approximately $3.12 million in the third quarter, making LMT its 17th-largest holding and about 2.1% of its portfolio. Institutional investors collectively own 74.19% of the company.
• Lockheed Martin’s latest quarterly results exceeded expectations, with EPS of $7.94 versus the $7.22 consensus and revenue of $20.06 billion, up 10.5% year over year. The company guided to fiscal 2026 EPS of $29.95–$30.65.
• The company raised its quarterly dividend to $3.60 per share, equivalent to $14.40 annually and a 2.6% yield. Shares recently traded near $549, while analysts’ consensus target is $627.10 and the overall rating is “Moderate Buy.”

Greg Jennings LLC purchased a new position in shares of Lockheed Martin Corporation (NYSE:LMT - Free Report) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 6,125 shares of the aerospace company's stock, valued at approximately $3,119,000. Lockheed Martin comprises about 2.1% of Greg Jennings LLC's holdings, making the stock its 17th largest holding.

A number of other institutional investors and hedge funds have also modified their holdings of LMT. Stonebridge Financial Group LLC MO boosted its stake in Lockheed Martin by 2.8% in the first quarter. Stonebridge Financial Group LLC MO now owns 658 shares of the aerospace company's stock valued at $397,000 after acquiring an additional 18 shares during the last quarter. Rooted Wealth Advisors Inc. grew its holdings in Lockheed Martin by 1.8% during the 1st quarter. Rooted Wealth Advisors Inc. now owns 1,036 shares of the aerospace company's stock worth $602,000 after acquiring an additional 18 shares during the period. Beacon Capital Management LLC grew its holdings in Lockheed Martin by 4.5% during the 2nd quarter. Beacon Capital Management LLC now owns 442 shares of the aerospace company's stock worth $225,000 after acquiring an additional 19 shares during the period. YANKCOM Partnership raised its position in shares of Lockheed Martin by 0.7% during the 3rd quarter. YANKCOM Partnership now owns 2,575 shares of the aerospace company's stock valued at $1,311,000 after acquiring an additional 19 shares during the last quarter. Finally, Capital Square LLC raised its position in shares of Lockheed Martin by 1.1% during the 3rd quarter. Capital Square LLC now owns 1,793 shares of the aerospace company's stock valued at $913,000 after acquiring an additional 19 shares during the last quarter. 74.19% of the stock is owned by institutional investors.

Lockheed Martin Trading Down 0.5%

Lockheed Martin stock traded down $2.80 during midday trading on Monday, hitting $549.29. 1,377,137 shares of the stock were exchanged, compared to its average volume of 1,441,589. The stock has a market capitalization of $126.77 billion, a PE ratio of 20.25, a P/E/G ratio of 1.20 and a beta of 0.09. The company has a fifty day simple moving average of $541.90 and a two-hundred day simple moving average of $543.48. The company has a quick ratio of 1.01, a current ratio of 1.19 and a debt-to-equity ratio of 2.34. Lockheed Martin Corporation has a 52 week low of $437.25 and a 52 week high of $692.00.

Lockheed Martin (NYSE:LMT - Get Free Report) last issued its quarterly earnings data on Thursday, July 23rd. The aerospace company reported $7.94 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $7.22 by $0.72. Lockheed Martin had a net margin of 8.16% and a return on equity of 91.42%. The firm had revenue of $20.06 billion during the quarter, compared to analysts' expectations of $19.34 billion. During the same quarter in the previous year, the company earned $1.46 earnings per share. The business's revenue for the quarter was up 10.5% on a year-over-year basis. Lockheed Martin has set its FY 2026 guidance at 29.950-30.650 EPS. Equities research analysts anticipate that Lockheed Martin Corporation will post 30.44 EPS for the current fiscal year.

Lockheed Martin Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 31st. Stockholders of record on Tuesday, December 1st will be given a dividend of $3.60 per share. This is a positive change from Lockheed Martin's previous quarterly dividend of $3.45. This represents a $14.40 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date of this dividend is Tuesday, December 1st. Lockheed Martin's payout ratio is 50.87%.

Lockheed Martin News Summary

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

• Positive Sentiment: Lockheed Martin and RTX’s Javelin joint venture won a $215 million U.S. Army contract for Javelin launchers, reinforcing demand for the companies’ anti-armor systems. RTX, Lockheed Martin JV wins $215M US Army contract for Javelin launchers
• Positive Sentiment: LMT secured a $117.1 million contract to support radar systems for Apache helicopters, providing additional revenue visibility and strengthening its position in U.S. Army electronic-warfare and aviation programs. LMT Secures $117.1M Contract for Apache Helicopter Radar Support
• Positive Sentiment: Ukraine’s president discussed accelerating Patriot deliveries with Lockheed Martin. Faster deliveries could support production demand for the company’s air-defense business amid heightened geopolitical tensions. Ukraine's Zelenskiy discusses speeding up supplies of Patriots with Lockheed Martin
• Neutral Sentiment: Analysts are focused on LMT’s upcoming third-quarter results for the period ended September 2026. The earnings preview could increase near-term volatility as investors assess revenue, margins and guidance. Lockheed Q3 Earnings on the Horizon
• Neutral Sentiment: Commentary highlights LMT’s historically defensive performance, close U.S. government ties, long-term stability and dividend income, potentially attracting investors seeking resilience. Why Lockheed Martin May Be an Underrated Stock to Buy Right Now
• Negative Sentiment: New 2027 Pentagon rules requiring non-Chinese rare-earth magnets could raise sourcing costs and execution risks, although possible changes to Norway’s sovereign wealth fund rules could broaden potential investor demand.
• Negative Sentiment: Political criticism of defense contractors’ profits from Iran-related demand creates reputational and policy risk for LMT, despite potentially supporting defense spending. Joe Kent Slams Defense Contractors After Lockheed CEO Comments

Analysts Set New Price Targets

A number of research analysts have recently weighed in on LMT shares. Sanford C. Bernstein cut their price target on Lockheed Martin from $629.00 to $564.00 and set a "market perform" rating on the stock in a research note on Wednesday, October 14th. Royal Bank Of Canada decreased their price objective on Lockheed Martin from $600.00 to $550.00 and set a "sector perform" rating for the company in a research note on Thursday. Wall Street Zen downgraded Lockheed Martin from a "strong-buy" rating to a "buy" rating in a report on Saturday. Vertical Research upgraded Lockheed Martin from a "hold" rating to a "buy" rating and set a $600.00 price objective for the company in a report on Wednesday, October 14th. Finally, Barclays began coverage on Lockheed Martin in a research note on Friday, October 9th. They issued an "equal weight" rating and a $554.00 target price on the stock. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $627.10.

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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