Lockheed Martin Corporation $LMT Shares Bought by Quantinno Capital Management LP

Quantinno Capital Management LP grew its position in shares of Lockheed Martin Corporation (NYSE:LMT) by 20.6% in the first quarter, Holdings Channel reports. The institutional investor owned 94,093 shares of the aerospace company’s stock after buying an additional 16,043 shares during the period. Quantinno Capital Management LP’s holdings in Lockheed Martin were worth $56,869,000 as of its most recent filing with the SEC.

Other hedge funds also recently made changes to their positions in the company. Basso Capital Management L.P. purchased a new position in Lockheed Martin during the fourth quarter worth about $25,000. United Financial Planning Group LLC purchased a new stake in Lockheed Martin in the 3rd quarter valued at approximately $25,000. Clarity Asset Management Inc. acquired a new position in Lockheed Martin during the 4th quarter worth approximately $26,000. Triumph Capital Management raised its stake in shares of Lockheed Martin by 66.7% during the 4th quarter. Triumph Capital Management now owns 55 shares of the aerospace company’s stock worth $26,000 after buying an additional 22 shares in the last quarter. Finally, Bard Associates Inc. acquired a new stake in shares of Lockheed Martin in the 4th quarter valued at approximately $27,000. Institutional investors and hedge funds own 74.19% of the company’s stock.

Lockheed Martin News Roundup

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

• Positive Sentiment: The U.S. government awarded Lockheed Martin a seven-year contract worth up to $58.62 billion for PAC-3 Missile Segment Enhancement interceptor production. The award is the largest Patriot missile deal to date and should significantly expand Lockheed’s backlog, manufacturing visibility and future cash-flow potential as global conflicts deplete missile inventories. Department of War Awards Lockheed Martin $58.62B for Multiyear PAC-3 MSE Production
• Positive Sentiment: The Patriot award reinforces the company’s missile growth outlook, alongside demand for PAC-3, THAAD and PrSM systems. Recent coverage highlighted record backlog of approximately $230 billion, recovering free cash flow of $2.9 billion and strong Missile and Fire Control segment growth. Lockheed Martin: Missiles Make Valuation Attractive Again
• Positive Sentiment: Lockheed also showcased the MORFIUS X-Rotor counter-drone system, which uses high-power microwave energy to disable drone swarms. The technology could benefit from military demand for lower-cost defenses against increasingly common unmanned threats. Tech Weekly: Tesla under strain, Lockheed innovates drone fighter
• Neutral Sentiment: The contract is an undefinitized contract action and is stated as “up to” $58.62 billion, so the final value, timing and profitability may differ from the headline amount. Investors may also be awaiting details on production capacity and margins.
• Negative Sentiment: The stock’s decline suggests some investors may be taking profits or remaining cautious about valuation and execution, even after strong quarterly results and raised full-year earnings guidance. The award is strategically positive, but much of the missile-growth outlook may already be reflected in the share price.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on LMT. UBS Group reaffirmed a “neutral” rating and set a $581.00 price objective on shares of Lockheed Martin in a report on Friday, July 24th. TD Cowen reduced their target price on Lockheed Martin from $600.00 to $560.00 and set a “hold” rating for the company in a report on Monday, July 13th. BNP Paribas Exane decreased their target price on shares of Lockheed Martin from $770.00 to $680.00 and set an “outperform” rating on the stock in a research report on Friday, April 24th. Sanford C. Bernstein reaffirmed a “market perform” rating on shares of Lockheed Martin in a research note on Friday, May 29th. Finally, DZ Bank upgraded shares of Lockheed Martin from a “hold” rating to a “strong-buy” rating in a research note on Thursday, April 30th. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Lockheed Martin currently has a consensus rating of “Hold” and an average target price of $626.33.

Lockheed Martin Stock Performance

Shares of LMT opened at $570.21 on Thursday. Lockheed Martin Corporation has a 1 year low of $412.55 and a 1 year high of $692.00. The company’s 50 day simple moving average is $526.88 and its 200 day simple moving average is $575.01. The company has a market capitalization of $131.60 billion, a price-to-earnings ratio of 21.02, a PEG ratio of 1.00 and a beta of 0.11. 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 (NYSE:LMT) last released 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. The firm had revenue of $20.06 billion during the quarter, compared to analysts’ expectations of $19.34 billion. Lockheed Martin had a net margin of 8.16% and a return on equity of 91.42%. Lockheed Martin’s revenue for the quarter was up 10.5% on a year-over-year basis. During the same period in the previous year, the company earned $1.46 EPS. Lockheed Martin has set its FY 2026 guidance at 29.950-30.650 EPS. On average, sell-side analysts predict that Lockheed Martin Corporation will post 30.28 EPS for the current year.

Lockheed Martin Dividend Announcement

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