Lockheed Martin Corporation $LMT Shares Acquired by Migdal Insurance & Financial Holdings Ltd.

Key Points

• Migdal Insurance & Financial Holdings increased its Lockheed Martin stake by 49.7% in the third quarter, adding 79,000 shares to reach 237,939 shares valued at about $121.2 million.
• Lockheed Martin beat quarterly earnings and revenue estimates, with EPS of $7.97 and revenue of $20.71 billion; revenue rose 11.3% year over year.
• The company raised its quarterly dividend from $3.45 to $3.60 per share, equivalent to an annualized $14.40 and a 2.4% yield. Analysts’ consensus rating was “Moderate Buy,” with a $647 average price target.

Migdal Insurance & Financial Holdings Ltd. grew its stake in Lockheed Martin Corporation (NYSE:LMT - Free Report) by 49.7% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 237,939 shares of the aerospace company's stock after purchasing an additional 79,000 shares during the period. Migdal Insurance & Financial Holdings Ltd. owned approximately 0.10% of Lockheed Martin worth $121,173,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Norris Financial Group LLC bought a new position in shares of Lockheed Martin during the first quarter valued at approximately $2,321,000. CX Institutional raised its holdings in shares of Lockheed Martin by 527.4% in the third quarter. CX Institutional now owns 18,415 shares of the aerospace company's stock worth $9,378,000 after buying an additional 15,480 shares during the period. Talon Private Wealth LLC purchased a new stake in shares of Lockheed Martin in the first quarter worth approximately $3,743,000. Meeder Asset Management Inc. bought a new stake in shares of Lockheed Martin during the 2nd quarter worth approximately $11,036,000. Finally, OneDigital Investment Advisors LLC bought a new stake in shares of Lockheed Martin during the 2nd quarter worth approximately $4,796,000. Hedge funds and other institutional investors own 74.19% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the company. Wall Street Zen cut Lockheed Martin from a "strong-buy" rating to a "buy" rating in a report on Saturday, October 17th. Sanford C. Bernstein cut their price objective on Lockheed Martin from $629.00 to $564.00 and set a "market perform" rating on the stock in a research report on Wednesday, October 14th. Rothschild & Co Redburn initiated coverage on Lockheed Martin in a research note on Tuesday, October 6th. They issued a "buy" rating and a $650.00 target price on the stock. Wells Fargo & Company lifted their target price on Lockheed Martin from $600.00 to $700.00 and gave the stock an "equal weight" rating in a research report on Monday, November 2nd. Finally, UBS Group boosted their target price on shares of Lockheed Martin from $653.00 to $692.00 and gave the company a "buy" rating in a research note on Friday, October 23rd. One equities research analyst has rated the stock with a Strong Buy rating, eleven 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 stock currently has an average rating of "Moderate Buy" and a consensus price target of $647.00.

Lockheed Martin Trading Down 1.4%

Shares of NYSE LMT traded down $8.20 during trading hours on Friday, reaching $595.89. The stock had a trading volume of 913,515 shares, compared to its average volume of 1,706,259. The company has a current ratio of 1.26, a quick ratio of 1.10 and a debt-to-equity ratio of 2.04. The firm has a market cap of $137.66 billion, a price-to-earnings ratio of 21.17, a P/E/G ratio of 1.28 and a beta of 0.07. The business's fifty day moving average price is $553.61 and its two-hundred day moving average price is $569.93. 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 announced its quarterly earnings data on Thursday, October 22nd. The aerospace company reported $7.97 earnings per share (EPS) for the quarter, topping the consensus estimate of $7.52 by $0.45. The company had revenue of $20.71 billion for the quarter, compared to analysts' expectations of $20.48 billion. Lockheed Martin had a return on equity of 83.41% and a net margin of 8.23%. Lockheed Martin's revenue was up 11.3% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $6.95 earnings per share. Analysts expect that Lockheed Martin Corporation will post 30.66 EPS for the current fiscal year.

Lockheed Martin Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 31st. Shareholders of record on Tuesday, December 1st will be issued a $3.60 dividend. The ex-dividend date is Tuesday, December 1st. This represents a $14.40 annualized dividend and a dividend yield of 2.4%. This is a positive change from Lockheed Martin's previous quarterly dividend of $3.45. Lockheed Martin's dividend payout ratio (DPR) is currently 49.02%.

Latest Lockheed Martin News

Here's some of the latest news about LMT:

• Positive Sentiment: Rising defense spending, strong aerospace demand and record industry backlogs are cited as supports for Lockheed Martin and peers. The article also points to improved 2026 guidance, reinforcing the sector’s growth outlook. The Zacks Analyst Blog Highlights GE Aerospace, Howmet Aerospace, RTX and Lockheed Martin
• Neutral Sentiment: Lockheed is among the companies involved in the Pentagon’s Golden Dome missile-shield program, and established interceptor backlogs could position incumbents to win work. However, the article does not identify how much revenue Lockheed will secure. Golden Dome’s $185 Billion Question: Who Actually Gets Paid?
• Negative Sentiment: Alphabet’s entry into Golden Dome adds another potential competitor, while the scale of the program and uncertainty over which companies will receive awards make the opportunity difficult to quantify for LMT. Golden Dome’s $185 Billion Question: Who Actually Gets Paid?

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.

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