Principal Financial Group Inc. Purchases 5,443 Shares of Lockheed Martin Corporation $LMT

Principal Financial Group Inc. boosted its position in shares of Lockheed Martin Corporation (NYSE:LMT) by 2.2% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 254,056 shares of the aerospace company’s stock after acquiring an additional 5,443 shares during the period. Principal Financial Group Inc.’s holdings in Lockheed Martin were worth $153,549,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the company. Basso Capital Management L.P. bought a new position in shares of Lockheed Martin in the fourth quarter worth about $25,000. United Financial Planning Group LLC bought a new stake in Lockheed Martin during the 3rd quarter valued at approximately $25,000. Clarity Asset Management Inc. bought a new stake in Lockheed Martin during the 4th quarter valued at approximately $26,000. Triumph Capital Management grew its holdings in Lockheed Martin by 66.7% in 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 last quarter. Finally, Bard Associates Inc. acquired a new stake in Lockheed Martin in the 4th quarter valued at approximately $27,000. 74.19% of the stock is currently owned by institutional investors.

Lockheed Martin Stock Down 1.0%

LMT opened at $515.32 on Wednesday. The company has a market capitalization of $118.81 billion, a P/E ratio of 24.96, a P/E/G ratio of 0.93 and a beta of 0.11. The company has a debt-to-equity ratio of 2.74, a current ratio of 1.14 and a quick ratio of 0.94. The firm’s fifty day moving average price is $521.89 and its two-hundred day moving average price is $571.55. Lockheed Martin Corporation has a fifty-two week low of $410.11 and a fifty-two week high of $692.00.

Lockheed Martin (NYSE:LMT) last released its quarterly earnings data on Thursday, April 23rd. The aerospace company reported $6.44 EPS for the quarter, missing analysts’ consensus estimates of $6.79 by ($0.35). Lockheed Martin had a return on equity of 101.64% and a net margin of 6.38%.The business had revenue of $18.02 billion for the quarter, compared to the consensus estimate of $18.38 billion. During the same period in the previous year, the business posted $7.28 earnings per share. Lockheed Martin’s revenue was up .3% on a year-over-year basis. Lockheed Martin has set its FY 2026 guidance at 29.350-30.250 EPS. On average, analysts anticipate that Lockheed Martin Corporation will post 29.94 EPS for the current year.

Lockheed Martin Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Monday, June 1st were paid a dividend of $3.45 per share. The ex-dividend date was Monday, June 1st. This represents a $13.80 dividend on an annualized basis and a yield of 2.7%. Lockheed Martin’s dividend payout ratio (DPR) is currently 66.83%.

Lockheed Martin News Summary

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

• Positive Sentiment: Lockheed Martin’s expanded quantum training partnership with Xanadu highlights growing activity in advanced technologies and could support long-term innovation credibility. Xanadu and Lockheed Martin Expand Quantum Talent Pipeline
• Positive Sentiment: Recent coverage emphasized Lockheed Martin’s very large backlog, which suggests years of future revenue visibility and steady demand for defense programs. Lockheed Martin’s $100 Billion Backlog Signals Long-Term Demand
• Neutral Sentiment: Analysts at TD Cowen lowered their price target on Lockheed Martin and kept a hold rating, signaling more limited near-term upside after the stock’s recent run. Benzinga report on TD Cowen price target cut
• Negative Sentiment: One defense industry commentary argued General Dynamics may be better positioned in naval systems, while noting Lockheed’s Ultra Maritime acquisition and negative free cash flow could weigh on confidence. Lockheed Martin Vs. General Dynamics: Pick General Dynamics for Naval Dominance Despite Lockheed’s $3.5 Billion Ultra Maritime Acquisition
• Negative Sentiment: A market recap noted LMT fell even as the broader market advanced, reinforcing the view that the stock is under pressure from company-specific concerns rather than sector weakness alone. Lockheed Martin (LMT) Stock Sinks As Market Gains: What You Should Know

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on LMT shares. Bank of America cut their price target on Lockheed Martin from $660.00 to $600.00 and set a “neutral” rating for the company in a report on Friday, April 24th. Sanford C. Bernstein restated a “market perform” rating on shares of Lockheed Martin in a research note on Friday, May 29th. 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. Morgan Stanley cut their target price on shares of Lockheed Martin from $675.00 to $653.00 and set an “equal weight” rating for the company in a research note on Friday, April 24th. Finally, Wall Street Zen downgraded shares of Lockheed Martin from a “buy” rating to a “hold” rating in a report on Saturday, April 25th. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $607.58.

About Lockheed Martin

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.