Lockheed Martin (NYSE:LMT) Trading Up 1.5% Following Dividend Announcement

Lockheed Martin Corporation (NYSE:LMT)’s share price traded up 1.5% on Wednesday following a dividend announcement from the company. The stock traded as high as $521.00 and last traded at $514.50. Approximately 1,137,267 shares traded hands during mid-day trading, a decline of 27% from the average session volume of 1,561,743 shares. The stock had previously closed at $507.09.

The newly announced dividend which will be paid on Friday, September 25th. Shareholders 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 yield of 2.4%. The ex-dividend date of this dividend is Tuesday, September 1st. Lockheed Martin’s dividend payout ratio (DPR) is 66.83%.

Analysts Set New Price Targets

LMT has been the topic of a number of analyst reports. Morgan Stanley set a $690.00 price objective on shares of Lockheed Martin in a research report on Friday. Wells Fargo & Company set a $575.00 target price on shares of Lockheed Martin in a report on Wednesday, July 8th. Susquehanna cut their target price on Lockheed Martin from $740.00 to $700.00 and set a “positive” rating on the stock in a research note on Friday, April 24th. UBS Group reduced their price target on Lockheed Martin from $683.00 to $538.00 in a report on Tuesday, June 30th. Finally, BNP Paribas Exane reduced their price target on Lockheed Martin from $770.00 to $680.00 and set an “outperform” rating on the stock in a report on Friday, April 24th. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $617.83.

Lockheed Martin Trading Up 10.5%

The company has a quick ratio of 0.94, a current ratio of 1.14 and a debt-to-equity ratio of 2.74. The firm’s fifty day moving average is $522.45 and its two-hundred day moving average is $573.14. The firm has a market cap of $131.10 billion, a P/E ratio of 27.54, a PEG ratio of 0.92 and a beta of 0.11.

Lockheed Martin (NYSE:LMT) last issued its quarterly earnings data on Thursday, July 23rd. The aerospace company reported $7.94 EPS for the quarter, topping the consensus estimate of $7.22 by $0.72. Lockheed Martin had a net margin of 6.38% and a return on equity of 101.64%. The business had revenue of $20.06 billion during the quarter, compared to analyst estimates of $19.34 billion. During the same period in the prior year, the business earned $1.46 EPS. The company’s revenue for the quarter was up 10.5% on a year-over-year basis. Lockheed Martin has set its FY 2026 guidance at 29.950-30.650 EPS. Analysts predict that Lockheed Martin Corporation will post 29.92 earnings per share for the current fiscal year.

Key Stories Impacting Lockheed Martin

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

• Positive Sentiment: Lockheed Martin beat Q2 expectations with earnings of $7.94 per share and revenue of $20.06 billion, topping Wall Street estimates and showing 10.5% year-over-year revenue growth. Why Are Lockheed Martin (LMT) Shares Soaring Today
• Positive Sentiment: The company ended the quarter with a record $230 billion backlog, boosted by major defense awards including a $35 billion THAAD interceptor contract, giving investors confidence in long-term demand. Lockheed Martin Says Record Backlog Will Fuel Sales Growth ‘for Years to Come’
• Positive Sentiment: Lockheed Martin raised its 2026 sales and profit guidance, signaling management sees continued strength from Pentagon restocking and expanded munitions production. Lockheed Martin lifts 2026 forecasts as Pentagon seeks to restock weapons
• Neutral Sentiment: The company also announced a quarterly dividend of $3.45 per share, reinforcing its shareholder-return profile but not the main driver of the move. Lockheed Martin Declares Third Quarter 2026 Dividend

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. Cerro Pacific Wealth Advisors LLC lifted its holdings 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 worth $665,000 after acquiring an additional 16 shares during the last quarter. Garner Asset Management Corp boosted its position in shares of 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 during the period. Davis R M Inc. increased its holdings in Lockheed Martin by 1.3% in the 4th quarter. Davis R M Inc. now owns 1,264 shares of the aerospace company’s stock valued at $612,000 after purchasing an additional 16 shares during the last quarter. Broadway Wealth Solutions Inc. increased its holdings in Lockheed Martin by 3.6% in 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 last quarter. Finally, Aspire Growth Partners LLC raised its position in Lockheed Martin by 0.7% in the fourth 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 own 74.19% of the company’s stock.

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.