TRU Independence Asset Management 2 LLC Makes New $917,000 Investment in Lockheed Martin Corporation $LMT

Key Points

• TRU Independence Asset Management 2 LLC acquired 1,799 Lockheed Martin shares worth approximately $917,000 in the second quarter, making LMT about 0.5% of its portfolio. Institutional investors collectively own 74.19% of the company.
• Lockheed Martin reported quarterly earnings of $7.94 per share, beating estimates by $0.72, while revenue rose 10.5% year over year to $20.06 billion. The company maintained 2026 EPS guidance of $29.95–$30.65.
• The company declared a quarterly dividend of $3.45, equivalent to $13.80 annually and a 2.4% yield. Analysts maintain a consensus “Hold” rating with an average price target of $632.39, while recent defense and missile-defense developments support its longer-term growth outlook.

TRU Independence Asset Management 2 LLC acquired a new stake in Lockheed Martin Corporation (NYSE:LMT - Free Report) in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 1,799 shares of the aerospace company's stock, valued at approximately $917,000. Lockheed Martin comprises approximately 0.5% of TRU Independence Asset Management 2 LLC's investment portfolio, making the stock its 20th biggest position.

Other institutional investors have also recently made changes to their positions in the company. Basso Capital Management L.P. purchased a new position in shares of Lockheed Martin in the fourth quarter worth $25,000. United Financial Planning Group LLC purchased a new stake in Lockheed Martin during the 3rd quarter valued at $25,000. Clarity Asset Management Inc. purchased a new stake in Lockheed Martin during the 4th quarter valued at $26,000. Triumph Capital Management boosted its position in Lockheed Martin by 66.7% during the 4th quarter. Triumph Capital Management now owns 55 shares of the aerospace company's stock valued at $26,000 after buying an additional 22 shares during the period. Finally, Bard Associates Inc. bought a new stake in Lockheed Martin in the 4th quarter worth $27,000. Hedge funds and other institutional investors own 74.19% of the company's stock.

More Lockheed Martin News

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

• Positive Sentiment: Lockheed Martin completed the first fully integrated Aegis System Equipped Vessel for Japan, a milestone that expands its role in Japan’s maritime air- and missile-defense infrastructure and supports broader Indo-Pacific defense cooperation. The achievement could strengthen the company’s position for future naval and missile-defense contracts. Lockheed Martin Completes First Japan ASEV In Indo Pacific Defense Milestone
• Positive Sentiment: Recent activity involving AI-enabled airspace sensing, next-generation missile-defense testing, modular defense systems and responsive space-launch partnerships adds to Lockheed Martin’s growth narrative. The company and its partners also participated in more than $152 million of recent Department of Defense contracts and a $920 million Air Force award pool. Should Lockheed’s AI Sensing and Space Partnerships Shift the Core Investment Case for LMT?
• Positive Sentiment: A valuation analysis argued that LMT may be approximately 24% undervalued based on discounted-cash-flow and comparable-multiple measures, despite an 87.9% five-year return. This may support the view that long-term defense demand is not fully reflected in the shares. Lockheed Martin Stock May Be 24% Undervalued On Japan Defense System News
• Neutral Sentiment: Commentary highlighted a potential new entry point in the military naval market, but the reports did not indicate a material near-term revenue or earnings contribution. Why Did Lockheed Martin Stock Drop Today?
• Neutral Sentiment: Speculation that Lockheed Martin could split its stock if it returns to its recent high is not a fundamental catalyst; a split would change the share count and price denomination, but not the company’s value. Stock-Split Watch: Is Lockheed Martin Next?

Lockheed Martin Stock Down 3.0%

Shares of Lockheed Martin stock opened at $571.60 on Friday. 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 Corporation has a 12-month low of $437.25 and a 12-month high of $692.00. The company has a market cap of $131.92 billion, a P/E ratio of 21.07, a PEG ratio of 1.01 and a beta of 0.10. The company's fifty day simple moving average is $547.31 and its two-hundred day simple moving average is $575.81.

Lockheed Martin (NYSE:LMT - Get Free Report) last posted its earnings results on Thursday, July 23rd. The aerospace company reported $7.94 EPS for the quarter, topping the consensus estimate 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 quarterly revenue was up 10.5% compared to the same quarter last year. During the same period last year, the company posted $1.46 EPS. Lockheed Martin has set its FY 2026 guidance at 29.950-30.650 EPS. Research analysts anticipate that Lockheed Martin Corporation will post 30.39 EPS for the current year.

Lockheed Martin Announces Dividend

The business also recently declared 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 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date of this dividend is Tuesday, September 1st. Lockheed Martin's dividend payout ratio is presently 50.87%.

Analysts Set New Price Targets

A number of research firms have issued reports on LMT. Bank of America decreased their price objective on shares of Lockheed Martin from $660.00 to $600.00 and set a "neutral" rating on the stock in a research report on Friday, April 24th. Weiss Ratings upgraded shares of Lockheed Martin from a "hold (c+)" rating to a "buy (b-)" rating in a report on Thursday, August 13th. BNP Paribas Exane cut their target price on Lockheed Martin from $770.00 to $680.00 and set an "outperform" rating on the stock in a research note on Friday, April 24th. Wells Fargo & Company set a $600.00 price target on Lockheed Martin in a report on Monday, July 27th. Finally, Morgan Stanley upped their price target on Lockheed Martin from $653.00 to $690.00 and gave the company an "equal weight" rating in a research report on Friday, July 24th. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat, Lockheed Martin currently has a consensus 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source