Nykredit A S Invests $9.39 Million in Lockheed Martin Corporation $LMT

Key Points

• Nykredit A/S acquired 18,442 Lockheed Martin shares worth approximately $9.39 million in the second quarter. Institutional investors collectively own 74.19% of the company.
• Analyst sentiment remains mixed: Lockheed Martin has a consensus “Hold” rating and an average price target of $637.56, with recent target increases from Morgan Stanley and Citigroup.
• Lockheed Martin exceeded quarterly earnings and revenue estimates, while reporting positive defense-program developments including potential F-35 and missile-production opportunities. The company also declared a $3.45 quarterly dividend, or $13.80 annually, yielding about 2.6%.

Nykredit A S bought a new position in shares of Lockheed Martin Corporation (NYSE:LMT - Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 18,442 shares of the aerospace company's stock, valued at approximately $9,395,000.

Several other hedge funds and other institutional investors have also bought and sold shares of LMT. BlackRock Inc. acquired a new position in shares of Lockheed Martin in the 2nd quarter valued at about $9,617,574,000. Corient Private Wealth LP boosted its position in shares of Lockheed Martin by 3,983.3% during the 2nd quarter. Corient Private Wealth LP now owns 7,110,961 shares of the aerospace company's stock valued at $3,622,750,000 after purchasing an additional 6,936,814 shares in the last quarter. Franklin Resources Inc. grew its stake in Lockheed Martin by 0.6% during the fourth quarter. Franklin Resources Inc. now owns 1,670,284 shares of the aerospace company's stock worth $807,866,000 after purchasing an additional 10,349 shares during the period. Deutsche Bank AG grew its stake in Lockheed Martin by 7.4% during the fourth quarter. Deutsche Bank AG now owns 1,440,840 shares of the aerospace company's stock worth $696,891,000 after purchasing an additional 99,403 shares during the period. Finally, Bank of New York Mellon Corp bought a new stake in Lockheed Martin in the second quarter worth approximately $645,258,000. Institutional investors and hedge funds own 74.19% of the company's stock.

Analyst Upgrades and Downgrades

LMT has been the topic of several recent analyst reports. Robert W. Baird set a $700.00 price target on Lockheed Martin in a research note on Friday, July 24th. Weiss Ratings upgraded shares of Lockheed Martin from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Thursday, August 13th. TD Cowen dropped their target price on shares of Lockheed Martin from $600.00 to $560.00 and set a "hold" rating on the stock in a research report on Monday, July 13th. Morgan Stanley increased 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 note on Friday, July 24th. Finally, Citigroup increased their target price on shares of Lockheed Martin from $641.00 to $691.00 and gave the stock a "buy" rating in a research note on Thursday, August 13th. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average price target of $637.56.

Trending Headlines about Lockheed Martin

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

• Positive Sentiment: The U.S. government approved a potential $24.3 billion sale of up to 48 F-35 fighter jets to Saudi Arabia, including engines and related equipment. Although the transaction still requires additional steps, it could create significant future revenue for Lockheed Martin and its suppliers. Trump administration advances F-35 deal
• Positive Sentiment: Lockheed Martin signed a framework agreement with the U.S. Department of War to accelerate production of the AIM-260 Joint Advanced Tactical Missile (JATM). Proposed fiscal 2027 funding for the program is approximately $2.9 billion, up sharply from the current fiscal year, supporting potential multiyear procurement and capacity expansion. Lockheed Martin JATM agreement
• Positive Sentiment: Lockheed reported that GM Defense delivered the first PAC-3 MSE interceptor components in just 22 days. Faster supplier onboarding could help Lockheed rebuild missile inventories, increase production and meet strong U.S. and international demand. Lockheed receives Patriot components from GM
• Positive Sentiment: Germany formally received its first F-35A during a rollout ceremony, highlighting continued international adoption of Lockheed Martin’s flagship fighter program and supporting its long-term backlog. Germany’s first F-35A rollout
• Neutral Sentiment: Lockheed Martin was upgraded to Zacks Rank #2, or Buy, reflecting improved earnings expectations. A separate valuation comparison with Howmet Technologies offers no clear catalyst beyond investor debate over relative value. Lockheed upgraded to Buy
• Negative Sentiment: The Saudi F-35 announcement remains a potential sale rather than booked revenue, while heightened Middle East tensions add geopolitical and execution uncertainty. Investors may also be taking profits or waiting for clearer evidence that accelerated missile production will translate into higher margins and earnings.

Lockheed Martin Stock Up 0.1%

Shares of NYSE:LMT opened at $533.86 on Monday. The company has a debt-to-equity ratio of 2.34, a quick ratio of 1.01 and a current ratio of 1.19. Lockheed Martin Corporation has a 52-week low of $437.25 and a 52-week high of $692.00. The business's 50 day simple moving average is $556.56 and its two-hundred day simple moving average is $560.83. The firm has a market cap of $123.21 billion, a P/E ratio of 19.68, a PEG ratio of 1.16 and a beta of 0.10.

Lockheed Martin (NYSE:LMT - Get Free Report) last issued its 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 return on equity of 91.42% and a net margin of 8.16%.The company had revenue of $20.06 billion for the quarter, compared to analyst estimates of $19.34 billion. During the same period in the prior year, the firm earned $1.46 earnings per share. Lockheed Martin's revenue for the quarter was up 10.5% on a year-over-year basis. Lockheed Martin has set its FY 2026 guidance at 29.950-30.650 EPS. As a group, research analysts forecast that Lockheed Martin Corporation will post 30.44 EPS for the current fiscal year.

Lockheed Martin Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 25th. Shareholders of record on Tuesday, September 1st will be issued a dividend of $3.45 per share. The ex-dividend date is Tuesday, September 1st. This represents a $13.80 annualized dividend and a yield of 2.6%. Lockheed Martin's dividend payout ratio is presently 50.87%.

About Lockheed Martin

Lockheed Martin Corporation is a global aerospace, defense and technology company that develops and produces systems for government and commercial customers, with the U.S. Department of Defense serving as its largest customer. Its principal business areas include Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space.

The company's products and services include military aircraft such as the F-35 Lightning II, F-16 and C-130; air and missile defense systems; precision weapons; helicopters and maritime systems; radar, sensors and command-and-control technologies; satellites; space exploration systems; and missile-warning and strategic defense capabilities.

Lockheed Martin was created in 1995 through the merger of Lockheed Corporation and Martin Marietta.

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