Oxbow Advisors LLC Invests $2.98 Million in Lockheed Martin Corporation $LMT

Key Points

• Oxbow Advisors purchased 5,845 Lockheed Martin shares worth approximately $2.98 million in the second quarter, while institutional ownership reached 74.19%.
• Lockheed Martin exceeded quarterly expectations with $7.94 in EPS and $20.06 billion in revenue, up 10.5% year over year; management maintained fiscal 2026 EPS guidance of $29.95–$30.65.
• The company declared a quarterly dividend of $3.45 per share, or $13.80 annualized, yielding about 2.3%. Analysts remain cautious overall, giving the stock a consensus “Hold” rating with an average price target of $632.39.

Oxbow Advisors LLC purchased a new stake in shares of Lockheed Martin Corporation (NYSE:LMT - Free Report) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 5,845 shares of the aerospace company's stock, valued at approximately $2,978,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Investmark Advisory Group LLC acquired a new stake in Lockheed Martin in the second quarter worth about $2,956,000. Wealthfront Advisers LLC bought a new position in Lockheed Martin in the 2nd quarter valued at about $13,889,000. Global Strategic Investment Solutions LLC acquired a new position in Lockheed Martin during the 2nd quarter valued at about $226,000. Foster & Motley Inc. acquired a new position in Lockheed Martin during the 2nd quarter valued at about $1,194,000. Finally, Main Street Financial Solutions LLC raised its position in shares of Lockheed Martin by 19.4% during the 2nd quarter. Main Street Financial Solutions LLC now owns 3,704 shares of the aerospace company's stock worth $1,887,000 after buying an additional 603 shares in the last quarter. 74.19% of the stock is currently owned by institutional investors.

Lockheed Martin Price Performance

Shares of Lockheed Martin stock opened at $608.30 on Wednesday. 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 cap of $140.39 billion, a PE ratio of 22.42, a price-to-earnings-growth ratio of 1.04 and a beta of 0.10. The company's 50-day moving average price is $545.57 and its two-hundred day moving average price is $576.49.

Lockheed Martin (NYSE:LMT - Get Free Report) last posted its quarterly earnings data on Thursday, July 23rd. The aerospace company reported $7.94 earnings per share for the quarter, beating the consensus estimate of $7.22 by $0.72. Lockheed Martin had a net margin of 8.16% and a return on equity of 91.42%. The company had revenue of $20.06 billion during the quarter, compared to analyst estimates of $19.34 billion. During the same quarter last year, the firm posted $1.46 EPS. The business'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, sell-side analysts anticipate that Lockheed Martin Corporation will post 30.39 EPS for the current fiscal year.

Lockheed Martin Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 25th. Investors of record on Tuesday, September 1st will be paid a dividend of $3.45 per share. The ex-dividend date of this dividend is Tuesday, September 1st. This represents a $13.80 annualized dividend and a yield of 2.3%. Lockheed Martin's dividend payout ratio is currently 50.87%.

Analysts Set New Price Targets

A number of analysts have recently weighed in on LMT shares. Wells Fargo & Company set a $600.00 price target on shares of Lockheed Martin in a research note on Monday, July 27th. Wall Street Zen lowered shares of Lockheed Martin from a "strong-buy" rating to a "buy" rating in a research note on Saturday. Royal Bank Of Canada boosted their target price on Lockheed Martin from $575.00 to $600.00 and gave the stock a "sector perform" rating in a report on Friday, July 24th. Weiss Ratings upgraded Lockheed Martin from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Thursday, August 13th. Finally, Bank of America decreased their price target on Lockheed Martin from $660.00 to $600.00 and set a "neutral" rating for the company in a research note on Friday, April 24th. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Lockheed Martin currently has an average rating of "Hold" and an average target price of $632.39.

Lockheed Martin News Roundup

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

• Positive Sentiment: The U.S. Department of Defense awarded Lockheed Martin multiple contracts worth more than $152 million. The awards are part of a broader Air Force effort involving 24 companies and up to $920 million, reinforcing demand for LMT’s defense systems and adding to its backlog. Lockheed Wins Slew Of Contracts. Air Force Doles Out $920 Mil Award.
• Positive Sentiment: Lockheed Martin validated the first Japanese Aegis System Equipped Vessel radar shipset. The milestone supports the company’s international naval-defense franchise and could improve confidence in future export and modernization opportunities. Lockheed Martin Validates First Japanese ASEV Radar Shipset
• Positive Sentiment: A major competitor, RTX Corporation, won a $22.9 billion, seven-year Navy Tomahawk contract and raised its 2026 guidance after beating second-quarter estimates. While the award goes to RTX, it highlights strong, multi-year U.S. defense spending and supports a favorable sector backdrop for LMT. RTX Stock Gets a Radar Lock on a $23B Navy Win
• Neutral Sentiment: Articles examining LMT’s valuation and performance relative to the S&P 500 suggest investors are weighing its strong defense outlook against the possibility that the shares already reflect much of the expected growth. Lockheed Martin: Is the Valuation Gap Getting Wider? What Comes Next for Lockheed Martin vs S&P 500?
• Negative Sentiment: United Launch Alliance, the Boeing-Lockheed joint venture, appointed Mark Peller as CEO after an extended interim period amid challenges surrounding its Vulcan rocket program. Leadership stability is constructive, but the reported program difficulties could keep pressure on LMT’s space-launch exposure. United Launch Alliance Names New CEO Amid Vulcan Rocket Travails

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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