Rayburn West Financial Services LLC Invests $8.65 Million in Lockheed Martin Corporation $LMT

Key Points

• Rayburn West Financial Services acquired 16,984 Lockheed Martin shares worth approximately $8.65 million, making LMT its fourth-largest holding and representing 4.8% of its portfolio.
• Lockheed Martin beat quarterly expectations, reporting $7.94 in adjusted earnings per share and $20.06 billion in revenue, while revenue increased 10.5% year over year. The company reaffirmed fiscal 2026 EPS guidance of $29.95–$30.65.
• LMT shares traded at $608.30, and the company declared a quarterly dividend of $3.45, equivalent to a 2.3% annualized yield. Analysts maintain a consensus “Hold” rating with a $632.39 target price.

Rayburn West Financial Services LLC acquired a new position in Lockheed Martin Corporation (NYSE:LMT - Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 16,984 shares of the aerospace company's stock, valued at approximately $8,653,000. Lockheed Martin accounts for approximately 4.8% of Rayburn West Financial Services LLC's portfolio, making the stock its 4th largest holding.

Other hedge funds also recently bought and sold shares of the company. IAG Wealth Partners LLC boosted its position in Lockheed Martin by 4,800.0% in the first quarter. IAG Wealth Partners LLC now owns 49 shares of the aerospace company's stock worth $30,000 after purchasing an additional 48 shares during the last quarter. United Financial Planning Group LLC bought a new stake in shares of Lockheed Martin during the 3rd quarter valued at about $25,000. Basso Capital Management L.P. purchased a new stake in shares of Lockheed Martin during the 4th quarter valued at about $25,000. Clarity Asset Management Inc. purchased a new stake in shares of Lockheed Martin during the 4th quarter valued at about $26,000. Finally, TD Capital Management LLC lifted its stake in shares of Lockheed Martin by 450.0% in the 4th quarter. TD Capital Management LLC now owns 55 shares of the aerospace company's stock worth $27,000 after purchasing an additional 45 shares during the period. Hedge funds and other institutional investors own 74.19% of the company's stock.

Lockheed Martin Trading Up 2.5%

Lockheed Martin stock opened at $608.30 on Wednesday. The firm has a 50 day moving average of $545.57 and a 200 day moving average of $576.49. The firm has a market capitalization of $140.39 billion, a price-to-earnings ratio of 22.42, a P/E/G ratio of 1.04 and a beta of 0.10. Lockheed Martin Corporation has a 12-month low of $437.25 and a 12-month 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.

Lockheed Martin (NYSE:LMT - Get Free Report) last issued its quarterly earnings results 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. The business had revenue of $20.06 billion for the quarter, compared to the consensus estimate of $19.34 billion. Lockheed Martin had a net margin of 8.16% and a return on equity of 91.42%. The company's revenue for the quarter was up 10.5% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.46 earnings per share. Lockheed Martin has set its FY 2026 guidance at 29.950-30.650 EPS. As a group, research analysts predict that Lockheed Martin Corporation will post 30.39 earnings per share for the current year.

Lockheed Martin Dividend Announcement

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

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

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on LMT shares. Jefferies Financial Group reissued a "hold" rating on shares of Lockheed Martin in a report on Sunday, July 26th. TD Cowen decreased their price target 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 lifted their price target 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. Citigroup boosted their price objective on shares of Lockheed Martin from $641.00 to $691.00 and gave the company a "buy" rating in a research report on Thursday, August 13th. Finally, Wells Fargo & Company set a $600.00 price objective on Lockheed Martin in a research note on Monday, July 27th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus target price of $632.39.

Lockheed Martin Company 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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