Lockheed Martin Corporation $LMT Stock: Teamwork Financial Advisors LLC Boosts Stake

Key Points

• Teamwork Financial Advisors LLC increased its Lockheed Martin stake by 3,538.1% in the third quarter, bringing its holdings to 20,919 shares valued at approximately $10.65 million. Institutional investors collectively own 74.19% of LMT.
• Lockheed Martin reported strong recent operating results, beating quarterly EPS and revenue estimates, while raising its quarterly dividend to $3.60 per share, or $14.40 annually, for a 2.6% yield.
• LMT shares slipped 0.5% to $549.29, while analysts maintained a generally favorable outlook with a “Moderate Buy” consensus and an average price target of $627.10. New defense contracts and potential Patriot deliveries support demand, though rare-earth sourcing costs and political scrutiny pose risks.

Teamwork Financial Advisors LLC grew its position in shares of Lockheed Martin Corporation (NYSE:LMT - Free Report) by 3,538.1% in the third quarter, according to its most recent filing with the SEC. The fund owned 20,919 shares of the aerospace company's stock after acquiring an additional 20,344 shares during the quarter. Teamwork Financial Advisors LLC's holdings in Lockheed Martin were worth $10,653,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Stonebridge Financial Group LLC MO raised its stake in Lockheed Martin by 2.8% during the first 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 in the last quarter. Rooted Wealth Advisors Inc. increased its holdings in shares of 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 buying an additional 18 shares during the last quarter. Beacon Capital Management LLC increased its holdings in shares of 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 buying an additional 19 shares during the last quarter. YANKCOM Partnership raised its position in shares of Lockheed Martin by 0.7% during the 3rd quarter. YANKCOM Partnership now owns 2,575 shares of the aerospace company's stock valued at $1,311,000 after buying an additional 19 shares in the last quarter. Finally, Capital Square LLC raised its position in shares of Lockheed Martin by 1.1% during the 3rd quarter. Capital Square LLC now owns 1,793 shares of the aerospace company's stock valued at $913,000 after buying an additional 19 shares in the last quarter. 74.19% of the stock is owned by hedge funds and other institutional investors.

Key Lockheed Martin News

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

• Positive Sentiment: Lockheed Martin and RTX’s Javelin joint venture won a $215 million U.S. Army contract for Javelin launchers, reinforcing demand for the companies’ anti-armor systems. RTX, Lockheed Martin JV wins $215M US Army contract for Javelin launchers
• Positive Sentiment: LMT secured a $117.1 million contract to support radar systems for Apache helicopters, providing additional revenue visibility and strengthening its position in U.S. Army electronic-warfare and aviation programs. LMT Secures $117.1M Contract for Apache Helicopter Radar Support
• Positive Sentiment: Ukraine’s president discussed accelerating Patriot deliveries with Lockheed Martin. Faster deliveries could support production demand for the company’s air-defense business amid heightened geopolitical tensions. Ukraine's Zelenskiy discusses speeding up supplies of Patriots with Lockheed Martin
• Neutral Sentiment: Analysts are focused on LMT’s upcoming third-quarter results for the period ended September 2026. The earnings preview could increase near-term volatility as investors assess revenue, margins and guidance. Lockheed Q3 Earnings on the Horizon
• Neutral Sentiment: Commentary highlights LMT’s historically defensive performance, close U.S. government ties, long-term stability and dividend income, potentially attracting investors seeking resilience. Why Lockheed Martin May Be an Underrated Stock to Buy Right Now
• Negative Sentiment: New 2027 Pentagon rules requiring non-Chinese rare-earth magnets could raise sourcing costs and execution risks, although possible changes to Norway’s sovereign wealth fund rules could broaden potential investor demand.
• Negative Sentiment: Political criticism of defense contractors’ profits from Iran-related demand creates reputational and policy risk for LMT, despite potentially supporting defense spending. Joe Kent Slams Defense Contractors After Lockheed CEO Comments

Lockheed Martin Trading Down 0.5%

Shares of LMT stock traded down $2.80 on Monday, reaching $549.29. 1,377,137 shares of the company's stock were exchanged, compared to its average volume of 1,441,589. The company's fifty day simple moving average is $540.85 and its 200 day simple moving average is $543.09. Lockheed Martin Corporation has a 52 week low of $437.25 and a 52 week high of $692.00. 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 market capitalization of $126.77 billion, a PE ratio of 20.25, a P/E/G ratio of 1.20 and a beta of 0.09.

Lockheed Martin (NYSE:LMT - Get Free Report) last announced its quarterly earnings data on Thursday, July 23rd. The aerospace company reported $7.94 EPS for the quarter, beating the consensus estimate 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 return on equity of 91.42% and a net margin of 8.16%. Lockheed Martin's quarterly revenue was up 10.5% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.46 EPS. Lockheed Martin has set its FY 2026 guidance at 29.950-30.650 EPS. As a group, analysts forecast that Lockheed Martin Corporation will post 30.44 EPS for the current year.

Lockheed Martin Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 31st. Stockholders of record on Tuesday, December 1st will be given a dividend of $3.60 per share. This represents a $14.40 annualized dividend and a dividend yield of 2.6%. This is a positive change 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 50.87%.

Wall Street Analyst Weigh In

Several research firms recently commented on LMT. Morgan Stanley lifted their price target on Lockheed Martin from $653.00 to $690.00 and gave the stock an "equal weight" rating in a research report on Friday, July 24th. Barclays began coverage on Lockheed Martin in a report on Friday, October 9th. They issued an "equal weight" rating and a $554.00 target price for the company. Wells Fargo & Company set a $600.00 target price on Lockheed Martin in a research report on Monday, July 27th. Jefferies Financial Group restated a "hold" rating on shares of Lockheed Martin in a research report on Wednesday, September 2nd. Finally, Royal Bank Of Canada dropped their price objective on shares of Lockheed Martin from $600.00 to $550.00 and set a "sector perform" rating for the company in a research note on Thursday. One investment analyst has rated the stock with a Strong Buy rating, ten have issued 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, Lockheed Martin has a consensus rating of "Moderate Buy" and a consensus target price of $627.10.

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.

Lockheed Martin serves the U.S.

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