Lockheed Martin Corporation $LMT Stake Raised by Waverly Advisors LLC

Waverly Advisors LLC raised its holdings in Lockheed Martin Corporation (NYSE:LMT) by 27.6% in the first quarter, Holdings Channel.com reports. The fund owned 28,038 shares of the aerospace company’s stock after acquiring an additional 6,067 shares during the period. Waverly Advisors LLC’s holdings in Lockheed Martin were worth $16,946,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the business. Basso Capital Management L.P. bought a new stake in shares of Lockheed Martin in the 4th quarter worth approximately $25,000. United Financial Planning Group LLC bought a new stake in Lockheed Martin during the third quarter worth approximately $25,000. Clarity Asset Management Inc. acquired a new position in Lockheed Martin in the fourth quarter worth approximately $26,000. Triumph Capital Management grew its position in Lockheed Martin by 66.7% in the fourth quarter. Triumph Capital Management now owns 55 shares of the aerospace company’s stock worth $26,000 after buying an additional 22 shares during the last quarter. Finally, Bard Associates Inc. bought a new position in shares of Lockheed Martin in the fourth quarter valued at $27,000. Institutional investors own 74.19% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on LMT shares. Wall Street Zen upgraded Lockheed Martin from a “hold” rating to a “strong-buy” rating in a research report on Saturday. Morgan Stanley lifted their target price on Lockheed Martin from $653.00 to $690.00 and gave the stock an “equal weight” rating in a report on Friday. TD Cowen cut their target price on Lockheed Martin from $600.00 to $560.00 and set a “hold” rating on the stock in a research report on Monday, July 13th. Wells Fargo & Company set a $575.00 target price on Lockheed Martin in a report on Wednesday, July 8th. Finally, JPMorgan Chase & Co. decreased their price target on Lockheed Martin from $680.00 to $605.00 and set a “neutral” rating for the company in a research report on Tuesday, May 5th. 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 assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $624.94.

Lockheed Martin Price Performance

Shares of NYSE:LMT opened at $582.73 on Monday. The company’s fifty day moving average is $523.78 and its two-hundred day moving average is $573.64. The company has a quick ratio of 1.01, a current ratio of 1.19 and a debt-to-equity ratio of 2.34. Lockheed Martin Corporation has a 12-month low of $412.55 and a 12-month high of $692.00. The company has a market cap of $134.49 billion, a P/E ratio of 21.48, a price-to-earnings-growth ratio of 1.04 and a beta of 0.11.

Lockheed Martin (NYSE:LMT) last issued 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. Lockheed Martin had a return on equity of 91.42% and a net margin of 8.16%.The business had revenue of $20.06 billion during the quarter, compared to analysts’ expectations of $19.34 billion. During the same quarter last year, the firm posted $1.46 earnings per share. Lockheed Martin’s revenue was up 10.5% compared to the same quarter last year. Lockheed Martin has set its FY 2026 guidance at 29.950-30.650 EPS. Equities analysts expect that Lockheed Martin Corporation will post 30.12 earnings per share for the current fiscal year.

Lockheed Martin Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 25th. Shareholders of record on Tuesday, September 1st will be given a dividend of $3.45 per share. The ex-dividend date is Tuesday, September 1st. This represents a $13.80 dividend on an annualized basis and a yield of 2.4%. Lockheed Martin’s dividend payout ratio (DPR) is presently 50.87%.

Key Headlines Impacting Lockheed Martin

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

• Positive Sentiment: Lockheed beat Q2 expectations with EPS of $7.94 and revenue of $20.06 billion, helped by 10.5% year-over-year sales growth. Reuters: Lockheed Martin lifts 2026 forecasts as Pentagon seeks to restock weapons
• Positive Sentiment: The company raised 2026 guidance for both sales and earnings, signaling management confidence in sustained demand and improved execution. PR Newswire: Lockheed Martin Reports Second Quarter 2026 Financial Results
• Positive Sentiment: Backlog hit a record $230 billion, boosted by major contracts such as the $35 billion THAAD interceptor award, giving investors long-term revenue visibility. Yahoo Finance: Lockheed Martin Says Record Backlog Will Fuel Sales Growth for Years to Come
• Positive Sentiment: Management highlighted expanding munitions production and broader defense demand, which should support future growth as the Pentagon replenishes weapons stockpiles. WSJ: Lockheed Martin Raises Full-Year Outlook on Continued Expansion of Munitions Production
• Neutral Sentiment: Lockheed also unveiled new missile-defense technology and continued investing ahead of contract awards, a strategic move that could help growth but adds some execution risk. Benzinga: Lockheed Isn’t Waiting For Pentagon Orders Anymore
• Negative Sentiment: Some analysts still caution that execution needs to stay consistent, so future gains may depend on whether management can keep deliveries, margins, and production ramp-ups on track. Yahoo Finance: Lockheed Martin Posted Strong Q2 Results but Execution Remains Key, RBC Says

Lockheed Martin 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.