Investmark Advisory Group LLC Invests $2.96 Million in Lockheed Martin Corporation $LMT

Key Points

• Investmark Advisory Group initiated a $2.96 million Lockheed Martin position in the second quarter, buying 5,803 shares. Institutional investors and hedge funds collectively own 74.19% of LMT.
• Lockheed Martin reported strong quarterly results, with $7.94 in adjusted EPS and $20.06 billion in revenue, surpassing analyst estimates and reflecting 10.5% year-over-year revenue growth. The company also declared a quarterly dividend of $3.45 per share, equivalent to a 2.3% yield.
• Analyst sentiment is mixed, with an average “Hold” rating and a $632.39 consensus price target. Recent defense contracts and international naval milestones support demand, while valuation concerns and challenges at United Launch Alliance remain potential risks.

Investmark Advisory Group LLC purchased a new position in shares of Lockheed Martin Corporation (NYSE:LMT - Free Report) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 5,803 shares of the aerospace company's stock, valued at approximately $2,956,000. Lockheed Martin makes up 1.1% of Investmark Advisory Group LLC's investment portfolio, making the stock its 19th biggest position.

Several other hedge funds have also recently added to or reduced their stakes in LMT. Wealthfront Advisers LLC purchased a new stake in shares of Lockheed Martin during the second quarter worth $13,889,000. Global Strategic Investment Solutions LLC acquired a new stake in shares of Lockheed Martin in the second quarter valued at about $226,000. Foster & Motley Inc. purchased a new position in shares of Lockheed Martin in the second quarter worth about $1,194,000. Main Street Financial Solutions LLC lifted its stake in shares of Lockheed Martin by 19.4% in the second quarter. Main Street Financial Solutions LLC now owns 3,704 shares of the aerospace company's stock worth $1,887,000 after buying an additional 603 shares in the last quarter. Finally, Rayburn West Financial Services LLC acquired a new position in Lockheed Martin during the second quarter worth about $8,653,000. 74.19% of the stock is owned by institutional investors and hedge funds.

Lockheed Martin Price Performance

Lockheed Martin stock opened at $608.30 on Wednesday. The company has a current ratio of 1.19, a quick ratio of 1.01 and a debt-to-equity ratio of 2.34. The company has a 50-day moving average price of $545.57 and a 200 day moving average price of $576.49. Lockheed Martin Corporation has a 12-month low of $437.25 and a 12-month high of $692.00. The stock has a market cap of $140.39 billion, a P/E ratio of 22.42, a PEG ratio of 1.04 and a beta of 0.10.

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

Lockheed Martin Announces Dividend

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

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the stock. Wells Fargo & Company set a $600.00 price objective on shares of Lockheed Martin in a research note on Monday, July 27th. Morgan Stanley raised 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 note on Friday, July 24th. Robert W. Baird set a $700.00 target price on Lockheed Martin in a report on Friday, July 24th. Wall Street Zen lowered Lockheed Martin from a "strong-buy" rating to a "buy" rating in a research report on Saturday. Finally, JPMorgan Chase & Co. dropped their price target on Lockheed Martin from $680.00 to $605.00 and set a "neutral" rating for the company in a research report on Tuesday, May 5th. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Hold" and an average target price of $632.39.

More Lockheed Martin News

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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