Lockheed Martin Corporation $LMT Shares Acquired by Papamarkou Wellner Asset Management inc.

Key Points

• Papamarkou Wellner Asset Management increased its Lockheed Martin stake by 20,302.9% in the second quarter, acquiring 624,721 additional shares. The position now represents 68.2% of the fund’s portfolio and is valued at approximately $319.8 million.
• 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 maintained fiscal 2026 EPS guidance of $29.95–$30.65.
• Analysts’ consensus rating remains “Hold”, with an average price target of $632.39 versus the stock’s reported price of $565.81. Lockheed Martin also announced a quarterly dividend of $3.45 per share, representing a 2.4% annualized yield.

Papamarkou Wellner Asset Management inc. lifted its stake in shares of Lockheed Martin Corporation (NYSE:LMT - Free Report) by 20,302.9% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 627,798 shares of the aerospace company's stock after acquiring an additional 624,721 shares during the period. Lockheed Martin accounts for approximately 68.2% of Papamarkou Wellner Asset Management inc.'s portfolio, making the stock its biggest holding. Papamarkou Wellner Asset Management inc. owned 0.27% of Lockheed Martin worth $319,838,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Basso Capital Management L.P. acquired a new position in Lockheed Martin in the 4th quarter valued at $25,000. Burnham & Co LLC acquired a new stake in shares of Lockheed Martin during the second quarter worth $25,000. United Financial Planning Group LLC purchased a new stake in shares of Lockheed Martin in the third quarter valued at $25,000. Clarity Asset Management Inc. purchased a new stake in shares of Lockheed Martin in the fourth quarter valued at $26,000. Finally, Triumph Capital Management increased its stake in Lockheed Martin by 66.7% in the fourth quarter. Triumph Capital Management now owns 55 shares of the aerospace company's stock valued at $26,000 after purchasing an additional 22 shares during the last quarter. Hedge funds and other institutional investors own 74.19% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on the company. UBS Group restated a "neutral" rating and set a $581.00 target price on shares of Lockheed Martin in a research note on Friday, July 24th. DZ Bank upgraded Lockheed Martin from a "hold" rating to a "strong-buy" rating in a research note on Thursday, April 30th. JPMorgan Chase & Co. reduced their price target on Lockheed Martin from $680.00 to $605.00 and set a "neutral" rating for the company in a report on Tuesday, May 5th. Robert W. Baird set a $700.00 price objective on Lockheed Martin in a research note on Friday, July 24th. Finally, Morgan Stanley lifted their price objective on Lockheed Martin from $653.00 to $690.00 and gave the stock an "equal weight" rating in a report on Friday, July 24th. One investment 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 issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Hold" and an average price target of $632.39.

Lockheed Martin Stock Up 0.0%

NYSE:LMT opened at $565.81 on Friday. 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 50 day moving average of $550.67 and a 200-day moving average of $573.82. The firm has a market capitalization of $130.58 billion, a PE ratio of 20.86, a price-to-earnings-growth ratio of 0.97 and a beta of 0.10. 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 issued 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 during the quarter, compared to analyst estimates of $19.34 billion. Lockheed Martin had a net margin of 8.16% and a return on equity of 91.42%. The business's revenue for the quarter was up 10.5% compared to the same quarter last year. During the same period in the prior year, the business posted $1.46 EPS. Lockheed Martin has set its FY 2026 guidance at 29.950-30.650 EPS. Analysts predict that Lockheed Martin Corporation will post 30.39 EPS 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 issued a dividend of $3.45 per share. This represents a $13.80 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date of this dividend is Tuesday, September 1st. Lockheed Martin's payout ratio is presently 50.87%.

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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