Kerrisdale Advisers LLC Buys New Position in Lockheed Martin Corporation $LMT

Key Points

• Kerrisdale Advisers initiated a Lockheed Martin position in the second quarter, purchasing 3,180 shares worth approximately $1.62 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 provided fiscal 2026 EPS guidance of $29.95–$30.65.
• Lockheed Martin declared a quarterly dividend of $3.45 per share, equivalent to $13.80 annually and a 2.4% yield. Analysts maintain a consensus “Hold” rating with an average price target of $632.39.

Kerrisdale Advisers LLC bought a new position in shares of Lockheed Martin Corporation (NYSE:LMT - Free Report) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 3,180 shares of the aerospace company's stock, valued at approximately $1,620,000.

Several other institutional investors also recently modified their holdings of LMT. Basso Capital Management L.P. acquired a new position in shares of Lockheed Martin in the 4th quarter valued at $25,000. Burnham & Co LLC purchased a new position in Lockheed Martin during the 2nd quarter valued at about $25,000. United Financial Planning Group LLC purchased a new position in Lockheed Martin during the 3rd quarter valued at about $25,000. Clarity Asset Management Inc. acquired a new position in shares of Lockheed Martin in the 4th quarter valued at about $26,000. Finally, Field & Main Bank acquired a new position in shares of Lockheed Martin in the 2nd quarter valued at about $26,000. Institutional investors own 74.19% of the company's stock.

Lockheed Martin Stock Down 0.0%

Lockheed Martin stock opened at $563.82 on Monday. The company has a current ratio of 1.19, a quick ratio of 1.01 and a debt-to-equity ratio of 2.34. Lockheed Martin Corporation has a 1-year low of $437.25 and a 1-year high of $692.00. The firm's fifty day simple moving average is $551.70 and its 200-day simple moving average is $573.30. The company has a market capitalization of $130.12 billion, a P/E ratio of 20.78, a P/E/G ratio of 0.97 and a beta of 0.10.

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, topping analysts' consensus estimates of $7.22 by $0.72. The firm had revenue of $20.06 billion during the quarter, compared to analysts' expectations of $19.34 billion. Lockheed Martin had a net margin of 8.16% and a return on equity of 91.42%. Lockheed Martin's revenue for the quarter was up 10.5% on a year-over-year basis. During the same period in the prior year, the company posted $1.46 earnings per share. 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 earnings per share for the current fiscal year.

Lockheed Martin Announces Dividend

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

Wall Street Analyst Weigh In

Several analysts recently commented on the stock. TD Cowen decreased their price target on shares of Lockheed Martin from $600.00 to $560.00 and set a "hold" rating for the company in a report on Monday, July 13th. Robert W. Baird set a $700.00 target price on shares of Lockheed Martin in a research note on Friday, July 24th. JPMorgan Chase & Co. lowered their price target on shares of Lockheed Martin from $680.00 to $605.00 and set a "neutral" rating on the stock in a report on Tuesday, May 5th. Jefferies Financial Group reaffirmed a "hold" rating on shares of Lockheed Martin in a research note on Sunday, July 26th. Finally, Royal Bank Of Canada increased their price objective on Lockheed Martin from $575.00 to $600.00 and gave the stock a "sector perform" rating in a report on Friday, July 24th. One 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, the stock currently has an average 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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