Lockheed Martin Corporation $LMT Shares Acquired by Principal Financial Group Inc.

Key Points

• Principal Financial Group Inc. raised its stake in Lockheed Martin by 1.5% to 248,613 shares (about $120.25M), and institutional investors now own roughly 74.19% of the company.
• Lockheed missed Q1 estimates with EPS of $6.44 versus $6.79 expected and revenue of $18.02B versus $18.38B, while issuing FY‑2026 guidance of 29.35–30.25 EPS (analysts project ~29.91).
• Corporate positives include an Aeronautics leadership succession and a Space Force selection for the Space‑Based Interceptor program, and the company pays a quarterly dividend of $3.45 (annual $13.80, ~2.7% yield).

Principal Financial Group Inc. raised its holdings in Lockheed Martin Corporation (NYSE:LMT - Free Report) by 1.5% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 248,613 shares of the aerospace company's stock after acquiring an additional 3,639 shares during the period. Principal Financial Group Inc. owned 0.11% of Lockheed Martin worth $120,247,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Brighton Jones LLC increased its stake in shares of Lockheed Martin by 5.0% during the 4th quarter. Brighton Jones LLC now owns 3,995 shares of the aerospace company's stock valued at $1,941,000 after acquiring an additional 191 shares during the last quarter. Sivia Capital Partners LLC grew its holdings in Lockheed Martin by 5.4% in the second quarter. Sivia Capital Partners LLC now owns 973 shares of the aerospace company's stock valued at $451,000 after purchasing an additional 50 shares during the period. Schnieders Capital Management LLC. increased its position in Lockheed Martin by 17.3% during the second quarter. Schnieders Capital Management LLC. now owns 1,460 shares of the aerospace company's stock worth $676,000 after purchasing an additional 215 shares during the last quarter. Gamco Investors INC. ET AL raised its stake in Lockheed Martin by 36.0% during the second quarter. Gamco Investors INC. ET AL now owns 2,250 shares of the aerospace company's stock worth $1,042,000 after purchasing an additional 595 shares during the period. Finally, Sei Investments Co. boosted its holdings in shares of Lockheed Martin by 18.2% in the 2nd quarter. Sei Investments Co. now owns 86,569 shares of the aerospace company's stock valued at $40,092,000 after purchasing an additional 13,300 shares during the last quarter. Hedge funds and other institutional investors own 74.19% of the company's stock.

Lockheed Martin Stock Up 1.0%

Shares of NYSE:LMT opened at $513.83 on Thursday. The company has a market capitalization of $118.47 billion, a price-to-earnings ratio of 24.88, a price-to-earnings-growth ratio of 0.92 and a beta of 0.10. The company has a 50 day moving average of $611.15 and a two-hundred day moving average of $553.94. Lockheed Martin Corporation has a 52-week low of $410.11 and a 52-week high of $692.00. The company has a quick ratio of 0.94, a current ratio of 1.14 and a debt-to-equity ratio of 2.74.

Lockheed Martin (NYSE:LMT - Get Free Report) last announced its earnings results on Thursday, April 23rd. The aerospace company reported $6.44 earnings per share for the quarter, missing the consensus estimate of $6.79 by ($0.35). Lockheed Martin had a net margin of 6.38% and a return on equity of 101.64%. The firm had revenue of $18.02 billion during the quarter, compared to analysts' expectations of $18.38 billion. During the same quarter last year, the company posted $7.28 earnings per share. Lockheed Martin's revenue for the quarter was up .3% compared to the same quarter last year. Lockheed Martin has set its FY 2026 guidance at 29.350-30.250 EPS. As a group, analysts forecast that Lockheed Martin Corporation will post 29.91 earnings per share for the current fiscal year.

Lockheed Martin Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 27th. Stockholders of record on Monday, March 2nd were given a dividend of $3.45 per share. This represents a $13.80 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date of this dividend was Monday, March 2nd. Lockheed Martin's payout ratio is presently 66.83%.

Key Headlines Impacting Lockheed Martin

Here are the key news stories impacting Lockheed Martin this week:

• Positive Sentiment: Skunk Works chief OJ Sanchez will replace long-time Aeronautics president Greg Ulmer effective June 1, giving the $30B Aeronautics unit a clear succession plan that reduces operational uncertainty and supports program continuity. Read More.
• Positive Sentiment: Lockheed announced the Aeronautics leadership change via PR Newswire, emphasizing a smooth transition after Ulmer’s retirement—a governance positive for investors watching program execution risk. Read More.
• Positive Sentiment: Lockheed was selected by the U.S. Space Force to support the Space‑Based Interceptor (SBI) program, underscoring growing space-defense revenue opportunities and program-level wins that could lift backlog and long-term growth. Read More.
• Positive Sentiment: Cubic Defense received a follow-on award from Lockheed to deliver P5 Internal Subsystems for F‑35 training, signaling continued program spending and supplier activity tied to the F‑35 ecosystem. Read More.
• Positive Sentiment: Lockheed and Nokia Federal Solutions unveiled a mission-critical 5G solution for defense customers, strengthening partnerships in secure communications that can expand addressable markets beyond traditional platforms. Read More.
• Positive Sentiment: Reports that Lithuania unveiled HIMARS launchers and deepening defense ties with Lockheed highlight international sales momentum and allied procurement that support export backlog. Read More.
• Neutral Sentiment: MarketWatch notes LMT shares rose but still underperformed the broader market, calling attention to mixed market dynamics where defense names can lag on macro/rotation factors. Read More.
• Neutral Sentiment: Analyst coverage and sector writeups (Seeking Alpha, ETF roundups) discuss defense-sector themes and LMT’s place in portfolios; useful context but less likely to move the stock immediately. Read More.
• Negative Sentiment: Lockheed’s Q1 results earlier this season showed an EPS miss and revenue slightly below estimates, and while FY‑2026 guidance is positive, the quarter’s shortfall remains a near-term negative for sentiment. Read More.
• Negative Sentiment: JPMorgan lowered its price target on LMT from $680 to $605 and kept a neutral rating—this reduces near-term analyst-driven upside and can cap multiple expansion. Read More.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the company. UBS Group upped their price objective on Lockheed Martin from $580.00 to $663.00 and gave the stock a "neutral" rating in a report on Monday, February 2nd. Deutsche Bank Aktiengesellschaft cut their price objective on Lockheed Martin from $615.00 to $575.00 and set a "hold" rating on the stock in a report on Friday, April 24th. Truist Financial increased their target price on shares of Lockheed Martin from $605.00 to $695.00 and gave the stock a "buy" rating in a research report on Friday, January 30th. The Goldman Sachs Group lifted their price target on shares of Lockheed Martin from $464.00 to $517.00 and gave the company a "sell" rating in a research report on Monday, February 2nd. Finally, TD Cowen dropped their price objective on shares of Lockheed Martin from $670.00 to $600.00 and set a "hold" rating for the company in a research report on Friday, April 24th. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of $628.63.

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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