Lockheed Martin Corporation $LMT Stock Position Reduced by Diversified Management Inc.

Diversified Management Inc. decreased its position in Lockheed Martin Corporation (NYSE:LMT) by 68.4% in the 2nd quarter, Holdings Channel.com reports. The fund owned 628 shares of the aerospace company’s stock after selling 1,362 shares during the period. Diversified Management Inc.’s holdings in Lockheed Martin were worth $320,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also made changes to their positions in the company. Spinnaker Investment Group LLC boosted its holdings in Lockheed Martin by 7.9% in the second quarter. Spinnaker Investment Group LLC now owns 561 shares of the aerospace company’s stock worth $286,000 after purchasing an additional 41 shares during the period. Bay Colony Advisory Group Inc d b a Bay Colony Advisors raised its holdings in shares of Lockheed Martin by 0.4% during the second quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 5,698 shares of the aerospace company’s stock worth $2,903,000 after purchasing an additional 20 shares during the period. Community Financial Services Group LLC raised its holdings in shares of Lockheed Martin by 406.2% during the second quarter. Community Financial Services Group LLC now owns 324 shares of the aerospace company’s stock worth $169,000 after purchasing an additional 260 shares during the period. Fulton Bank N.A. lifted its position in shares of Lockheed Martin by 3.8% in the 2nd quarter. Fulton Bank N.A. now owns 5,881 shares of the aerospace company’s stock worth $2,996,000 after buying an additional 216 shares during the last quarter. Finally, Wealthcare Capital Partners LLC bought a new position in shares of Lockheed Martin in the 2nd quarter worth about $208,000. 74.19% of the stock is currently owned by institutional investors.

More Lockheed Martin News

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

• Positive Sentiment: Large Patriot missile contract is the primary catalyst. Reports describe a multiyear Pentagon agreement valued at up to $58.62 billion, including PAC-3 Missile Segment Enhancement interceptors. The award would provide substantial long-term revenue visibility for Lockheed Martin and reflects strong demand for air-defense systems. Why Did The Pentagon Just Hand Lockheed Martin $58.62B?
• Positive Sentiment: Missile shortages could drive additional orders. Reports say U.S. missile inventories were significantly depleted during the conflict with Iran, exposing production bottlenecks and increasing pressure on the Pentagon to rebuild stockpiles. Lockheed Martin, a major supplier of Patriot and other missile systems, is positioned to benefit from replenishment spending across the defense sector. Defense ETFs to Buy as Pentagon Pushes to Boost Missile Stockpiles
• Positive Sentiment: Missile-defense development is progressing. Lockheed Martin said its “ICBM killer” passed two key tests ahead of a 2026 design review, supporting the company’s prospects in next-generation strategic missile defense. ICBM Killer Passes Two Key Tests Ahead of Design Review
• Positive Sentiment: New drone-detection capabilities broaden growth opportunities. Lockheed Martin and partners including Verizon, NVIDIA and Keysight demonstrated an AI-powered platform that uses existing 5G infrastructure to detect and track unmanned aircraft around public and critical infrastructure. The technology could support future security and defense contracts. Lockheed Martin, Verizon, Keysight, ODC and Astris AI Demonstrate Technology
• Neutral Sentiment: Analysts’ consensus price target is reported at $626.33, suggesting further potential upside, although target prices are estimates rather than guarantees. Lockheed Martin Receives $626.33 Consensus Target Price
• Negative Sentiment: The large contract is described as an undefinitized award, so final terms, funding and execution remain important risks. Investors may also monitor whether Lockheed Martin can expand production quickly enough to meet the surge in missile demand without pressuring margins.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on LMT. Morgan Stanley boosted their price objective on shares of Lockheed Martin from $653.00 to $690.00 and gave the company an “equal weight” rating in a research report on Friday, July 24th. BNP Paribas Exane cut their target price on shares of Lockheed Martin from $770.00 to $680.00 and set an “outperform” rating on the stock in a report on Friday, April 24th. Wall Street Zen raised shares of Lockheed Martin from a “hold” rating to a “strong-buy” rating in a report on Saturday, July 25th. Weiss Ratings upgraded Lockheed Martin from a “hold (c)” rating to a “hold (c+)” rating in a research note on Friday, July 31st. Finally, Citigroup raised Lockheed Martin from a “neutral” rating to a “buy” rating and upped their target price for the company from $571.00 to $582.00 in a report on Wednesday, July 1st. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $626.33.

Lockheed Martin Stock Performance

LMT stock opened at $607.01 on Thursday. Lockheed Martin Corporation has a 1 year low of $431.42 and a 1 year high of $692.00. The stock has a market capitalization of $140.09 billion, a price-to-earnings ratio of 22.37, a PEG ratio of 1.03 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. The stock’s fifty day moving average is $539.25 and its two-hundred day moving average is $576.18.

Lockheed Martin (NYSE:LMT) last released its quarterly 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. Lockheed Martin had a net margin of 8.16% and a return on equity of 91.42%. The business had revenue of $20.06 billion during the quarter, compared to analyst estimates of $19.34 billion. During the same quarter in the prior year, the firm 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. On average, research analysts predict that Lockheed Martin Corporation will post 30.36 EPS for the current year.

Lockheed Martin Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, September 25th. Shareholders of record on Tuesday, September 1st will be paid a dividend of $3.45 per share. This represents a $13.80 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date of this dividend is Tuesday, September 1st. Lockheed Martin’s payout ratio is presently 50.87%.

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.