Jefferies Financial Group Inc. Grows Stock Holdings in Lockheed Martin Corporation $LMT

Key Points

• Jefferies Financial Group increased its Lockheed Martin stake by 57.5% in the second quarter, bringing its holdings to 84,294 shares valued at approximately $42.9 million. Institutional investors collectively own 74.19% of the company.
• Lockheed Martin reported quarterly EPS of $7.94, exceeding estimates of $7.22, while revenue rose 10.5% year over year to $20.06 billion. 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 an annualized $13.80 payout and a 2.4% yield. Analysts maintain a consensus “Hold” rating with an average price target of $632.39.

Jefferies Financial Group Inc. raised its holdings in shares of Lockheed Martin Corporation (NYSE:LMT - Free Report) by 57.5% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 84,294 shares of the aerospace company's stock after purchasing an additional 30,774 shares during the period. Jefferies Financial Group Inc.'s holdings in Lockheed Martin were worth $42,944,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. United Financial Planning Group LLC purchased a new position in Lockheed Martin in the 3rd quarter worth about $25,000. Basso Capital Management L.P. purchased a new stake in shares of Lockheed Martin during the 4th quarter valued at about $25,000. Burnham & Co LLC purchased a new stake in shares of Lockheed Martin during the 2nd quarter valued at about $25,000. Triumph Capital Management grew its stake 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 worth $26,000 after acquiring an additional 22 shares during the period. Finally, Clarity Asset Management Inc. bought a new stake in shares of Lockheed Martin in the fourth quarter worth approximately $26,000. Hedge funds and other institutional investors own 74.19% of the company's stock.

Lockheed Martin Stock Performance

LMT opened at $565.81 on Friday. The company's 50 day moving average is $550.67 and its 200 day moving average is $573.82. 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 market cap of $130.58 billion, a price-to-earnings ratio of 20.86, a PEG ratio of 0.97 and a beta of 0.10. Lockheed Martin Corporation has a 12-month low of $437.25 and a 12-month high of $692.00.

Lockheed Martin (NYSE:LMT - Get Free Report) last announced its 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. Lockheed Martin had a net margin of 8.16% and a return on equity of 91.42%. The business had revenue of $20.06 billion during the quarter, compared to analysts' expectations of $19.34 billion. During the same period in the prior year, the company earned $1.46 earnings per share. The firm'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. On average, equities research analysts predict that Lockheed Martin Corporation will post 30.39 EPS for the current year.

Lockheed Martin Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, September 25th. Shareholders of record on Tuesday, September 1st will be issued a dividend of $3.45 per share. This represents a $13.80 annualized dividend and a yield of 2.4%. The ex-dividend date of this dividend is Tuesday, September 1st. Lockheed Martin's payout ratio is currently 50.87%.

Analysts Set New Price Targets

A number of brokerages recently weighed in on LMT. Wells Fargo & Company set a $600.00 price objective on shares of Lockheed Martin in a research report on Monday, July 27th. Sanford C. Bernstein reaffirmed a "market perform" rating on shares of Lockheed Martin in a research report on Friday, May 29th. Morgan Stanley boosted their target price on shares of Lockheed Martin from $653.00 to $690.00 and gave the company an "equal weight" rating in a research note on Friday, July 24th. Royal Bank Of Canada increased their price target on Lockheed Martin from $575.00 to $600.00 and gave the company a "sector perform" rating in a report on Friday, July 24th. Finally, Weiss Ratings upgraded Lockheed Martin from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Thursday, August 13th. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Lockheed Martin has a consensus rating of "Hold" and a consensus price target 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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