Lockheed Martin Corporation $LMT Shares Acquired by NEOS Investment Management LLC

Key Points

• NEOS Investment Management increased its Lockheed Martin stake by 11% in the second quarter, bringing its holdings to 32,874 shares valued at approximately $16.75 million. Institutional investors collectively own 74.19% of the company.
• Lockheed Martin beat quarterly expectations with $7.94 in earnings per share and $20.06 billion in revenue, while revenue rose 10.5% year over year. The company reaffirmed fiscal 2026 EPS guidance of $29.95 to $30.65.
• The company declared a quarterly dividend of $3.45 per share, equivalent to a 2.6% yield. Analysts’ consensus rating is “Hold,” with an average price target of $632.39 versus the stock’s reported $524.58 opening price.

NEOS Investment Management LLC increased its stake in shares of Lockheed Martin Corporation (NYSE:LMT - Free Report) by 11.0% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 32,874 shares of the aerospace company's stock after purchasing an additional 3,268 shares during the quarter. NEOS Investment Management LLC's holdings in Lockheed Martin were worth $16,748,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in LMT. AXQ Capital LP lifted its holdings in Lockheed Martin by 83.6% in the 2nd quarter. AXQ Capital LP now owns 4,547 shares of the aerospace company's stock valued at $2,317,000 after purchasing an additional 2,071 shares in the last quarter. Montz Harcus Wealth Management LLC grew its holdings in shares of Lockheed Martin by 2.8% during the second quarter. Montz Harcus Wealth Management LLC now owns 895 shares of the aerospace company's stock worth $456,000 after buying an additional 24 shares in the last quarter. KFG Wealth Management LLC purchased a new stake in shares of Lockheed Martin during the second quarter worth about $247,000. Beacon Capital Management LLC raised its position in shares of Lockheed Martin by 4.5% in the second quarter. Beacon Capital Management LLC now owns 442 shares of the aerospace company's stock valued at $225,000 after buying an additional 19 shares during the last quarter. Finally, Greenspring Advisors LLC lifted its stake in shares of Lockheed Martin by 12.5% during the second quarter. Greenspring Advisors LLC now owns 566 shares of the aerospace company's stock valued at $289,000 after buying an additional 63 shares during the period. Institutional investors and hedge funds own 74.19% of the company's stock.

Lockheed Martin Price Performance

Lockheed Martin stock opened at $524.58 on Friday. Lockheed Martin Corporation has a 1 year low of $437.25 and a 1 year high of $692.00. The company has a debt-to-equity ratio of 2.34, a quick ratio of 1.01 and a current ratio of 1.19. The firm has a 50 day moving average price of $555.58 and a 200 day moving average price of $570.30. The company has a market cap of $121.07 billion, a price-to-earnings ratio of 19.34, a PEG ratio of 1.16 and a beta of 0.10.

Lockheed Martin (NYSE:LMT - Get Free Report) last posted its quarterly earnings results on Thursday, July 23rd. The aerospace company reported $7.94 earnings per share for the quarter, topping analysts' consensus estimates of $7.22 by $0.72. The company had revenue of $20.06 billion for the quarter, compared to the consensus estimate 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 was up 10.5% on a year-over-year basis. During the same quarter last year, the firm posted $1.46 earnings per share. Lockheed Martin has set its FY 2026 guidance at 29.950-30.650 EPS. Sell-side analysts predict that Lockheed Martin Corporation will post 30.39 earnings per share for the current year.

Lockheed Martin Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, September 25th. Investors of record on Tuesday, September 1st will be given a $3.45 dividend. This represents a $13.80 annualized dividend and a dividend yield of 2.6%. The ex-dividend date of this dividend is Tuesday, September 1st. Lockheed Martin's dividend payout ratio (DPR) is 50.87%.

Analyst Ratings Changes

A number of brokerages recently issued reports on LMT. Wall Street Zen upgraded shares of Lockheed Martin from a "buy" rating to a "strong-buy" rating in a research report on Saturday, August 29th. Wells Fargo & Company set a $600.00 price target on Lockheed Martin in a report on Monday, July 27th. UBS Group reissued a "neutral" rating and set a $581.00 price target on shares of Lockheed Martin in a research note on Friday, July 24th. Robert W. Baird set a $700.00 price objective on Lockheed Martin in a report on Friday, July 24th. Finally, Jefferies Financial Group reiterated a "hold" rating on shares of Lockheed Martin in a research note on Wednesday. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat, the stock has an average rating of "Hold" and a consensus price target of $632.39.

About Lockheed Martin

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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