Stack Financial Management Inc Makes New Investment in Lockheed Martin Corporation $LMT

Key Points

• Stack Financial Management initiated a Lockheed Martin position of 44,145 shares valued at approximately $22.49 million, making LMT about 1.8% of its portfolio. Institutional investors collectively own 74.19% of the company.
• Lockheed Martin exceeded quarterly expectations, reporting $7.94 EPS and $20.06 billion in revenue, with revenue up 10.5% year over year. The company maintained fiscal 2026 EPS guidance of $29.95–$30.65.
• The company declared a quarterly dividend of $3.45, equivalent to $13.80 annually and a 2.3% yield. Analyst sentiment remains mixed, with a consensus rating of “Hold” and an average price target of $632.39.

Stack Financial Management Inc bought a new position in Lockheed Martin Corporation (NYSE:LMT - Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 44,145 shares of the aerospace company's stock, valued at approximately $22,490,000. Lockheed Martin makes up about 1.8% of Stack Financial Management Inc's portfolio, making the stock its 25th largest holding.

A number of other large investors have also made changes to their positions in LMT. Cerro Pacific Wealth Advisors LLC lifted its position in shares of Lockheed Martin by 1.2% in the 4th quarter. Cerro Pacific Wealth Advisors LLC now owns 1,376 shares of the aerospace company's stock valued at $665,000 after acquiring an additional 16 shares in the last quarter. Garner Asset Management Corp grew its position in Lockheed Martin by 0.9% during the 4th quarter. Garner Asset Management Corp now owns 1,735 shares of the aerospace company's stock worth $839,000 after purchasing an additional 16 shares in the last quarter. Davis R M Inc. grew its position in Lockheed Martin by 1.3% during the 4th quarter. Davis R M Inc. now owns 1,264 shares of the aerospace company's stock worth $612,000 after purchasing an additional 16 shares in the last quarter. Broadway Wealth Solutions Inc. raised its stake in Lockheed Martin by 3.6% during the 4th quarter. Broadway Wealth Solutions Inc. now owns 484 shares of the aerospace company's stock valued at $234,000 after purchasing an additional 17 shares during the period. Finally, Aspire Growth Partners LLC raised its stake in Lockheed Martin by 0.7% during the 4th quarter. Aspire Growth Partners LLC now owns 2,515 shares of the aerospace company's stock valued at $1,217,000 after purchasing an additional 17 shares during the period. Institutional investors and hedge funds own 74.19% of the company's stock.

Lockheed Martin Price Performance

Shares of LMT opened at $608.21 on Friday. The firm has a market cap of $140.37 billion, a PE ratio of 22.42, a PEG ratio of 1.03 and a beta of 0.10. The firm's 50 day moving average price is $542.51 and its 200 day moving average price is $576.46. 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 twelve month low of $436.46 and a twelve month high of $692.00.

Lockheed Martin (NYSE:LMT - Get Free Report) last posted its earnings results on Thursday, July 23rd. The aerospace company reported $7.94 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $7.22 by $0.72. The firm had revenue of $20.06 billion during the quarter, compared to analysts' expectations 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 was up 10.5% compared to the same quarter last year. During the same period in the previous year, the company 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 expect that Lockheed Martin Corporation will post 30.39 EPS for the current fiscal year.

Lockheed Martin Dividend Announcement

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

Analyst Upgrades and Downgrades

Several analysts have recently commented on LMT shares. Citigroup raised their target price on Lockheed Martin from $641.00 to $691.00 and gave the stock a "buy" rating in a research report on Thursday. Royal Bank Of Canada upped their price target on Lockheed Martin from $575.00 to $600.00 and gave the company a "sector perform" rating in a research report on Friday, July 24th. JPMorgan Chase & Co. reduced their price objective on Lockheed Martin from $680.00 to $605.00 and set a "neutral" rating for the company in a research note on Tuesday, May 5th. DZ Bank raised Lockheed Martin from a "hold" rating to a "strong-buy" rating in a research note on Thursday, April 30th. Finally, TD Cowen lowered their price objective 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. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of "Hold" and a consensus price target 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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