UNIVEST FINANCIAL Corp Makes New $4.38 Million Investment in Lockheed Martin Corporation $LMT

Key Points

• Univest Financial acquired 8,606 Lockheed Martin shares worth approximately $4.38 million in the second quarter, while institutional investors collectively own 74.19% of the company.
• Lockheed Martin exceeded quarterly earnings and revenue expectations, reporting $7.94 in EPS on $20.06 billion in revenue, with revenue up 10.5% year over year. The company guided to fiscal 2026 EPS of $29.95–$30.65.
• The company declared a quarterly dividend of $3.45, equivalent to $13.80 annually and a 2.3% yield. Analysts maintain a consensus “Hold” rating with an average price target of $632.39.

UNIVEST FINANCIAL Corp acquired a new position in Lockheed Martin Corporation (NYSE:LMT - Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 8,606 shares of the aerospace company's stock, valued at approximately $4,385,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. BlackRock Inc. bought a new stake in shares of Lockheed Martin in the 2nd quarter worth $9,617,574,000. Charles Schwab Investment Management Inc. boosted its holdings in Lockheed Martin by 1.3% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 8,638,936 shares of the aerospace company's stock worth $4,178,399,000 after purchasing an additional 114,900 shares during the last quarter. Morgan Stanley grew its position in Lockheed Martin by 10.1% in the 4th quarter. Morgan Stanley now owns 5,728,551 shares of the aerospace company's stock worth $2,770,729,000 after purchasing an additional 527,523 shares in the last quarter. Franklin Resources Inc. increased its stake in Lockheed Martin by 0.6% in the 4th quarter. Franklin Resources Inc. now owns 1,670,284 shares of the aerospace company's stock valued at $807,866,000 after buying an additional 10,349 shares during the last quarter. Finally, Deutsche Bank AG increased its stake in Lockheed Martin by 7.4% in the 4th quarter. Deutsche Bank AG now owns 1,440,840 shares of the aerospace company's stock valued at $696,891,000 after buying an additional 99,403 shares during the last quarter. 74.19% of the stock is owned by hedge funds and other institutional investors.

Lockheed Martin Stock Performance

Shares of LMT stock opened at $594.26 on Tuesday. The firm has a market cap of $137.15 billion, a price-to-earnings ratio of 21.90, a P/E/G ratio of 1.04 and a beta of 0.10. 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 52 week low of $437.25 and a 52 week high of $692.00. The firm's 50-day simple moving average is $544.00 and its two-hundred day simple moving average is $576.42.

Lockheed Martin (NYSE:LMT - Get Free Report) last released its earnings results on Thursday, July 23rd. The aerospace company reported $7.94 earnings per share for the quarter, beating analysts' consensus estimates of $7.22 by $0.72. Lockheed Martin had a net margin of 8.16% and a return on equity of 91.42%. The firm had revenue of $20.06 billion for the quarter, compared to analysts' expectations of $19.34 billion. During the same period in the previous 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 forecast that Lockheed Martin Corporation will post 30.39 earnings per share for the current year.

Lockheed Martin Announces Dividend

The company 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. The ex-dividend date is Tuesday, September 1st. This represents a $13.80 annualized dividend and a yield of 2.3%. Lockheed Martin's dividend payout ratio is presently 50.87%.

Analysts Set New Price Targets

Several research firms have commented on LMT. JPMorgan Chase & Co. dropped their target price on shares of Lockheed Martin from $680.00 to $605.00 and set a "neutral" rating on the stock in a research report on Tuesday, May 5th. UBS Group reaffirmed a "neutral" rating and issued a $581.00 target price on shares of Lockheed Martin in a report on Friday, July 24th. Citigroup increased their price target on Lockheed Martin from $641.00 to $691.00 and gave the company a "buy" rating in a research report on Thursday. Robert W. Baird set a $700.00 price target on Lockheed Martin in a report on Friday, July 24th. Finally, Sanford C. Bernstein reissued a "market perform" rating on shares of Lockheed Martin in a research report on Friday, May 29th. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average 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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