Lockheed Martin Corporation $LMT Stock Holdings Boosted by Sax Wealth Advisors LLC

Key Points

• Sax Wealth Advisors increased its Lockheed Martin stake by 1,058.5% during the third quarter, bringing its holdings to 9,291 shares valued at approximately $4.73 million. Institutional investors and hedge funds collectively own 74.19% of the company.
• Lockheed Martin shares fell 1.4% to $504.50, despite the company beating quarterly earnings and revenue estimates. Management provided fiscal 2026 EPS guidance of $29.95–$30.65, while analysts forecast $30.44.
• The company raised its quarterly dividend to $3.60 per share, or $14.40 annually, implying a 2.9% yield. Analysts maintain an average “Hold” rating with a consensus price target of $634.50.

Sax Wealth Advisors LLC lifted its stake in shares of Lockheed Martin Corporation (NYSE:LMT - Free Report) by 1,058.5% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 9,291 shares of the aerospace company's stock after purchasing an additional 8,489 shares during the period. Sax Wealth Advisors LLC's holdings in Lockheed Martin were worth $4,731,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of LMT. Stonebridge Financial Group LLC MO boosted its position in shares of Lockheed Martin by 2.8% in the 1st quarter. Stonebridge Financial Group LLC MO now owns 658 shares of the aerospace company's stock valued at $397,000 after purchasing an additional 18 shares during the period. Rooted Wealth Advisors Inc. increased its stake in Lockheed Martin by 1.8% in the 1st quarter. Rooted Wealth Advisors Inc. now owns 1,036 shares of the aerospace company's stock worth $602,000 after purchasing an additional 18 shares in the last quarter. Beacon Capital Management LLC increased its stake in Lockheed Martin by 4.5% in the 2nd quarter. Beacon Capital Management LLC now owns 442 shares of the aerospace company's stock worth $225,000 after purchasing an additional 19 shares in the last quarter. Lee Johnson Capital Management LLC raised its holdings in Lockheed Martin by 1.6% during the 1st quarter. Lee Johnson Capital Management LLC now owns 1,239 shares of the aerospace company's stock worth $749,000 after buying an additional 20 shares during the period. Finally, Lexington Hill Partners LLC raised its holdings in Lockheed Martin by 2.0% during the 2nd quarter. Lexington Hill Partners LLC now owns 1,004 shares of the aerospace company's stock worth $512,000 after buying an additional 20 shares during the period. 74.19% of the stock is owned by institutional investors and hedge funds.

Lockheed Martin Stock Down 1.4%

Shares of Lockheed Martin stock traded down $7.38 on Tuesday, hitting $504.50. 388,378 shares of the company traded hands, compared to its average volume of 1,438,360. The company has a 50-day moving average price of $546.39 and a 200 day moving average price of $545.96. The company has a quick ratio of 1.01, a current ratio of 1.19 and a debt-to-equity ratio of 2.34. Lockheed Martin Corporation has a 12-month low of $437.25 and a 12-month high of $692.00. The company has a market cap of $116.43 billion, a PE ratio of 18.60, a PEG ratio of 1.11 and a beta of 0.09.

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. Lockheed Martin had a net margin of 8.16% and a return on equity of 91.42%. The business had revenue of $20.06 billion for the quarter, compared to the consensus estimate of $19.34 billion. During the same period in the prior year, the business posted $1.46 earnings per share. Lockheed Martin's revenue for the quarter was up 10.5% compared to the same quarter last year. Lockheed Martin has set its FY 2026 guidance at 29.950-30.650 EPS. Sell-side analysts predict that Lockheed Martin Corporation will post 30.44 earnings per share for the current 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 paid a $3.60 dividend. This represents a $14.40 dividend on an annualized basis and a yield of 2.9%. This is an increase from Lockheed Martin's previous quarterly dividend of $3.45. The ex-dividend date is Tuesday, December 1st. Lockheed Martin's dividend payout ratio is presently 50.87%.

Analysts Set New Price Targets

A number of analysts have commented on the stock. Barclays assumed coverage on shares of Lockheed Martin in a research note on Friday. They set an "equal weight" rating and a $554.00 price objective for the company. Morgan Stanley lifted their target price on shares of Lockheed Martin from $653.00 to $690.00 and gave the stock an "equal weight" rating in a research report on Friday, July 24th. Citigroup boosted their price target on shares of Lockheed Martin from $641.00 to $691.00 and gave the company a "buy" rating in a report on Thursday, August 13th. Robert W. Baird set a $700.00 price target on shares of Lockheed Martin in a research report on Friday, July 24th. Finally, Wells Fargo & Company set a $600.00 price target on shares of Lockheed Martin in a research report on Monday, July 27th. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and an average target price of $634.50.

About Lockheed Martin

Lockheed Martin Corporation is a global aerospace, defense and technology company headquartered in Bethesda, Maryland. The company develops and produces advanced systems for government and commercial customers, with the U.S. Department of Defense and other U.S. government agencies representing its primary customers.

Its principal activities include the design and manufacture of military aircraft, missiles, air and missile defense systems, radar and sensor technologies, naval and rotary-wing systems, satellites, space exploration systems, and cybersecurity and information technology solutions.

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