Johnson Financial Group Inc. Invests $5.62 Million in Lockheed Martin Corporation $LMT

Key Points

• Johnson Financial Group acquired 11,036 Lockheed Martin shares worth approximately $5.62 million in the second quarter. Institutional investors collectively own 74.19% of the company.
• Lockheed Martin reported quarterly earnings of $7.94 per share, beating estimates of $7.22, while revenue rose 10.5% year over year to $20.06 billion. The company forecasts fiscal 2026 EPS of $29.95–$30.65.
• The company declared a quarterly dividend of $3.45 per share, equivalent to $13.80 annually and a 2.3% yield. Analysts maintain a consensus “Hold” rating with an average price target of $632.39.

Johnson Financial Group Inc. acquired a new position in shares of Lockheed Martin Corporation (NYSE:LMT - Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 11,036 shares of the aerospace company's stock, valued at approximately $5,622,000.

Several other hedge funds have also recently added to or reduced their stakes in the business. Basso Capital Management L.P. bought a new position in Lockheed Martin in the 4th quarter worth approximately $25,000. United Financial Planning Group LLC bought a new stake in shares of Lockheed Martin in the third quarter valued at approximately $25,000. Clarity Asset Management Inc. bought a new stake in shares of Lockheed Martin in the fourth quarter valued at approximately $26,000. 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 last quarter. Finally, Bard Associates Inc. acquired a new stake in shares of Lockheed Martin in the fourth quarter worth $27,000. Institutional investors own 74.19% of the company's stock.

Lockheed Martin Stock Performance

LMT opened at $589.47 on Thursday. The stock's 50 day simple moving average is $546.85 and its 200-day simple moving average is $576.25. 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 stock has a market cap of $136.04 billion, a PE ratio of 21.73, a P/E/G ratio of 1.04 and a beta of 0.10. Lockheed Martin Corporation has a 1 year low of $437.25 and a 1 year high of $692.00.

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

Lockheed Martin Announces Dividend

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

Analysts Set New Price Targets

Several equities analysts recently commented on LMT shares. Wells Fargo & Company set a $600.00 target price on shares of Lockheed Martin in a research note on Monday, July 27th. Citigroup raised their price target on shares of Lockheed Martin from $641.00 to $691.00 and gave the stock a "buy" rating in a research report on Thursday, August 13th. Wall Street Zen downgraded shares of Lockheed Martin from a "strong-buy" rating to a "buy" rating in a report on Saturday, August 15th. Bank of America cut their price objective on shares of Lockheed Martin from $660.00 to $600.00 and set a "neutral" rating for the company in a research report on Friday, April 24th. Finally, Morgan Stanley increased 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. One research 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 data from MarketBeat, the company currently has an average rating of "Hold" and a consensus target price of $632.39.

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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