National Pension Service Has $331.32 Million Stock Holdings in Lockheed Martin Corporation $LMT

National Pension Service lifted its holdings in Lockheed Martin Corporation (NYSE:LMT) by 2.5% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 650,340 shares of the aerospace company’s stock after buying an additional 15,807 shares during the quarter. National Pension Service’s holdings in Lockheed Martin were worth $331,322,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. California State Teachers Retirement System increased its position in Lockheed Martin by 49,985.5% in the 2nd quarter. California State Teachers Retirement System now owns 163,027,709 shares of the aerospace company’s stock valued at $83,056,097,000 after acquiring an additional 162,702,210 shares in the last quarter. BlackRock Inc. acquired a new position in shares of Lockheed Martin during the second quarter worth approximately $9,617,574,000. Charles Schwab Investment Management Inc. lifted its position in shares of Lockheed Martin by 1.3% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 8,638,936 shares of the aerospace company’s stock worth $4,178,399,000 after purchasing an additional 114,900 shares in the last quarter. Corient Private Wealth LP bought a new stake in shares of Lockheed Martin during the second quarter valued at approximately $101,960,000. Finally, Morgan Stanley grew its stake in shares of Lockheed Martin by 10.1% during the fourth quarter. Morgan Stanley now owns 5,728,551 shares of the aerospace company’s stock valued at $2,770,729,000 after purchasing an additional 527,523 shares during the last quarter. Institutional investors and hedge funds own 74.19% of the company’s stock.

More Lockheed Martin News

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

• Positive Sentiment: Ukraine-related Patriot demand: The European Union approved Ukraine’s purchase of Patriot air-defense systems, potentially benefiting Lockheed Martin as Western governments replenish missile inventories and expand their arsenals. Lockheed Poised to Benefit as EU Approves Ukraine’s Purchase of Patriot Missiles
• Positive Sentiment: UBS upgrade and missile growth outlook: UBS upgraded LMT to Buy from Neutral and raised its price target to $674 from $581, citing underappreciated missile demand, F-35 sustainment revenue and other multiyear defense programs. UBS projects Lockheed’s missiles and fire-control revenue could grow 150% through 2030. UBS upgrades Lockheed Martin to Buy, sees 26% upside on missile growth
• Positive Sentiment: International order activity: Sweden agreed to purchase a Lockheed Martin missile system in a deal valued at approximately $729 million, adding to evidence of strong global demand. Sweden to buy Lockheed Martin missile system in $729M deal
• Positive Sentiment: PAC-3 production support: Lockheed awarded L3Harris a $4.7 billion contract for PAC-3 MSE propulsion, supporting the expansion of a key missile-defense program and its supply chain. Lockheed Martin Awards L3Harris $4.7 Billion PAC-3 MSE Propulsion Contract
• Neutral Sentiment: Sector sentiment remains mixed: Analysts continue to view rising global defense budgets as a multiyear tailwind, but defense stocks have recently lagged amid broader market and geopolitical uncertainty. The contrast may be encouraging short-term consolidation even as LMT’s long-term outlook improves. Time to Buy the Dip on Defense Stocks?

Analyst Ratings Changes

Several research analysts recently weighed in on LMT shares. Royal Bank Of Canada boosted their price objective on shares of Lockheed Martin from $575.00 to $600.00 and gave the stock a “sector perform” rating in a research report on Friday, July 24th. Morgan Stanley lifted their target price on Lockheed Martin from $653.00 to $690.00 and gave the company an “equal weight” rating in a research note on Friday, July 24th. Wall Street Zen upgraded Lockheed Martin from a “buy” rating to a “strong-buy” rating in a research report on Saturday, August 29th. Citigroup upped their price target on Lockheed Martin from $641.00 to $691.00 and gave the company a “buy” rating in a research note on Thursday, August 13th. Finally, Sanford C. Bernstein reiterated a “market perform” rating on shares of Lockheed Martin in a report on Friday, May 29th. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Lockheed Martin presently has an average rating of “Hold” and a consensus target price of $637.56.

Lockheed Martin Price Performance

NYSE LMT opened at $524.85 on Thursday. 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 has a market cap of $121.13 billion, a price-to-earnings ratio of 19.35, a PEG ratio of 1.17 and a beta of 0.10. The business has a 50 day simple moving average of $556.64 and a 200 day simple moving average of $567.05. Lockheed Martin Corporation has a 52-week low of $437.25 and a 52-week high of $692.00.

Lockheed Martin (NYSE:LMT) last announced its quarterly earnings results on Thursday, July 23rd. The aerospace company reported $7.94 earnings per share for the quarter, beating analysts’ consensus estimates of $7.22 by $0.72. The firm had revenue of $20.06 billion for the quarter, compared to analyst estimates of $19.34 billion. Lockheed Martin had a net margin of 8.16% and a return on equity of 91.42%. The business’s revenue was up 10.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.46 earnings per share. Lockheed Martin has set its FY 2026 guidance at 29.950-30.650 EPS. Analysts anticipate that Lockheed Martin Corporation will post 30.39 earnings per share for the current fiscal year.

Lockheed Martin Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 25th. Investors of record on Tuesday, September 1st will be given a $3.45 dividend. This represents a $13.80 annualized dividend and a yield of 2.6%. The ex-dividend date of this dividend is Tuesday, September 1st. Lockheed Martin’s payout ratio is currently 50.87%.

Lockheed Martin Profile

Lockheed Martin Corporation is a global aerospace, defense and technology company that develops and produces systems for government and commercial customers, with the U.S. Department of Defense serving as its largest customer. Its principal business areas include Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space.

The company’s products and services include military aircraft such as the F-35 Lightning II, F-16 and C-130; air and missile defense systems; precision weapons; helicopters and maritime systems; radar, sensors and command-and-control technologies; satellites; space exploration systems; and missile-warning and strategic defense capabilities.

Lockheed Martin was created in 1995 through the merger of Lockheed Corporation and Martin Marietta.