State Street Corp Has $16.80 Billion Position in Lockheed Martin Corporation $LMT

Key Points

• State Street increased its Lockheed Martin stake by 1.3% in the second quarter, holding 32.98 million shares valued at approximately $16.8 billion, or 14.29% of the company. Institutional investors collectively own 74.19% of LMT.
• Lockheed Martin shares fell 3.0% to $519.53, while analysts maintain a consensus “Hold” rating with an average price target of $637.56. The company recently exceeded quarterly earnings and revenue estimates and reaffirmed fiscal 2026 EPS guidance of $29.95–$30.65.
• Growth prospects include a potential $1.2 billion U.S. Army missile contract, continued international F-35 adoption and development of the AIM-260 missile. Risks include an unconfirmed customer for its new stealth drone and a congressional probe involving F-35 components.

State Street Corp raised its stake in Lockheed Martin Corporation (NYSE:LMT - Free Report) by 1.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 32,975,170 shares of the aerospace company's stock after buying an additional 419,582 shares during the period. State Street Corp owned about 14.29% of Lockheed Martin worth $16,799,530,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Silicon Valley Capital Partners lifted its holdings in Lockheed Martin by 2.6% in the second quarter. Silicon Valley Capital Partners now owns 1,371 shares of the aerospace company's stock valued at $699,000 after buying an additional 35 shares during the period. Wellington Altus USA Inc. acquired a new stake in Lockheed Martin during the 2nd quarter worth about $199,000. U S Wealth Group LLC. raised its position in shares of Lockheed Martin by 14.8% in the 2nd quarter. U S Wealth Group LLC. now owns 7,555 shares of the aerospace company's stock worth $3,849,000 after acquiring an additional 973 shares in the last quarter. Junto Capital Management LP lifted its stake in shares of Lockheed Martin by 17.7% in the 2nd quarter. Junto Capital Management LP now owns 88,117 shares of the aerospace company's stock valued at $44,892,000 after purchasing an additional 13,255 shares during the period. Finally, Miramontes Capital LLC lifted its stake in shares of Lockheed Martin by 5.4% in the 2nd quarter. Miramontes Capital LLC now owns 3,486 shares of the aerospace company's stock valued at $1,776,000 after purchasing an additional 178 shares during the period. Institutional investors and hedge funds own 74.19% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on LMT shares. Morgan Stanley raised their target price on Lockheed Martin from $653.00 to $690.00 and gave the stock an "equal weight" rating in a research note on Friday, July 24th. Wells Fargo & Company set a $600.00 price target on Lockheed Martin in a research note on Monday, July 27th. TD Cowen cut their price target on Lockheed Martin from $600.00 to $560.00 and set a "hold" rating on the stock in a report on Monday, July 13th. Sanford C. Bernstein reaffirmed a "market perform" rating on shares of Lockheed Martin in a research report on Friday, May 29th. Finally, Jefferies Financial Group reiterated a "hold" rating on shares of Lockheed Martin in a research note on Wednesday, September 2nd. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Lockheed Martin presently has a consensus rating of "Hold" and an average target price of $637.56.

Key Stories Impacting Lockheed Martin

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

• Positive Sentiment: The U.S. Army awarded Lockheed Martin an indefinite-delivery, indefinite-quantity contract worth up to $1.2 billion to produce Precision Strike Missile (PrSM) Increment 2. A successful test demonstrated the missile’s ability to strike moving maritime targets, expanding its potential mission set and supporting future revenue and backlog. Lockheed wins US Army missile contract worth up to $1.2 billion
• Positive Sentiment: Germany’s presentation of its first F-35A highlights the continued international expansion of Lockheed’s F-35 program, which has now been selected by 20 nations. Broader adoption strengthens the company’s long-term production, sustainment and services opportunity. How Does This F-35A Rollout Strengthen NATO Deterrence for Lockheed Martin
• Positive Sentiment: Lockheed is advancing the classified AIM-260 Joint Advanced Tactical Missile for integration with the F-22 and F-35. The program could benefit from rising global weapons demand and ongoing U.S. investment in advanced air-defense capabilities. Lockheed Martin Fast-Tracks Secret Missile as Global Weapons Demand Rises
• Neutral Sentiment: Lockheed Martin is scheduled to pay its quarterly dividend this week. The payout supports the stock’s income appeal, although dividend news is generally recurring and may have limited impact on the share price.
• Negative Sentiment: Investor concerns include reports that the Air Force does not currently want Lockheed’s new stealth drone, leaving the company building five aircraft without a confirmed customer or clear procurement path. This raises the risk of speculative research-and-development spending.
• Negative Sentiment: A reported U.S. House probe into the diversion of F-35 components shipped from Australia to Hong Kong creates potential regulatory, compliance and reputational risk, though the financial impact remains unclear.

Lockheed Martin Stock Down 3.0%

Lockheed Martin stock traded down $15.87 during midday trading on Tuesday, reaching $519.53. The stock had a trading volume of 733,659 shares, compared to its average volume of 1,471,585. Lockheed Martin Corporation has a 12 month low of $437.25 and a 12 month high of $692.00. The company has a market capitalization of $119.90 billion, a P/E ratio of 19.18, a PEG ratio of 1.16 and a beta of 0.10. The company has a fifty day moving average price of $556.84 and a two-hundred day moving average price of $559.90. 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 announced its quarterly earnings results on Thursday, July 23rd. The aerospace company reported $7.94 earnings per share (EPS) for the quarter, topping the consensus estimate of $7.22 by $0.72. Lockheed Martin had a return on equity of 91.42% and a net margin of 8.16%.The business had revenue of $20.06 billion for the quarter, compared to analyst estimates of $19.34 billion. During the same quarter in the prior year, the company earned $1.46 earnings per share. The company's quarterly revenue 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, equities analysts expect that Lockheed Martin Corporation will post 30.44 EPS for the current fiscal year.

Lockheed Martin Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, September 25th. Investors of record on Tuesday, September 1st will be issued a $3.45 dividend. This represents a $13.80 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date is Tuesday, September 1st. Lockheed Martin's dividend payout ratio (DPR) is currently 50.87%.

Lockheed Martin Company Profile

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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