Talon Private Wealth LLC Purchases Shares of 6,193 Lockheed Martin Corporation $LMT

Talon Private Wealth LLC acquired a new position in Lockheed Martin Corporation (NYSE:LMT) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 6,193 shares of the aerospace company’s stock, valued at approximately $3,743,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Cerro Pacific Wealth Advisors LLC raised its holdings in Lockheed Martin by 1.2% during the fourth quarter. Cerro Pacific Wealth Advisors LLC now owns 1,376 shares of the aerospace company’s stock valued at $665,000 after acquiring an additional 16 shares during the period. Garner Asset Management Corp boosted its position in shares of Lockheed Martin by 0.9% during the fourth quarter. Garner Asset Management Corp now owns 1,735 shares of the aerospace company’s stock worth $839,000 after acquiring an additional 16 shares during the last quarter. Davis R M Inc. boosted its holdings in shares of Lockheed Martin by 1.3% during 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. boosted its stake in Lockheed Martin by 3.6% during the fourth quarter. Broadway Wealth Solutions Inc. now owns 484 shares of the aerospace company’s stock valued at $234,000 after buying an additional 17 shares during the last quarter. Finally, Aspire Growth Partners LLC boosted its position in shares of Lockheed Martin by 0.7% during the 4th quarter. Aspire Growth Partners LLC now owns 2,515 shares of the aerospace company’s stock valued at $1,217,000 after acquiring an additional 17 shares during the last quarter. 74.19% of the stock is owned by hedge funds and other institutional investors.

Lockheed Martin News Roundup

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

• Positive Sentiment: Lockheed Martin’s second-quarter performance remains a key catalyst: revenue increased 11% to approximately $20.1 billion, free cash flow recovered to $2.9 billion, backlog reached a record $230 billion and management raised its full-year outlook. The Missiles and Fire Control segment was particularly strong, with revenue up 19% and profit up 24%. Lockheed Martin: Missiles Make Valuation Attractive Again
• Positive Sentiment: Analysts see missile-production expansion for PAC-3 MSE, THAAD and PrSM as major growth drivers. L3Harris announced frameworks with the Department of War and Lockheed Martin to support a substantial increase in PAC-3 production and quadruple THAAD propulsion capacity, potentially improving future order visibility. L3Harris Signs Transformational Agreement to Drastically Increase Production for PAC-3 MSE
• Positive Sentiment: Heightened defense budgets, geopolitical tensions and NATO members’ efforts to increase military spending are strengthening the demand outlook for Lockheed Martin’s aircraft, missile and defense systems. The company is also reportedly building weapons ahead of Pentagon orders, positioning it to respond more quickly to replenishment needs. Lockheed Martin: Flying High On Heightened Defense Spending
• Positive Sentiment: At the Farnborough Airshow, Lockheed unveiled MORFIUS X-Rotor, a reusable airborne counter-drone system that uses high-power microwaves to disable groups of small unmanned aircraft. The technology addresses growing military demand for lower-cost defenses against drone swarms. Tech Weekly: Tesla under strain, Lockheed innovates drone fighter
• Neutral Sentiment: Zacks highlighted strong investor attention and favorable value-oriented characteristics, while other analysis upgraded LMT to Buy. However, the stock’s valuation and the need for significant capital investment to expand production remain considerations for investors.
• Neutral Sentiment: Western defense companies are seeking production lessons and partnerships with Ukrainian firms, potentially benefiting Lockheed Martin’s manufacturing agility, although the financial impact is not yet quantified. Western defense companies are looking to Ukrainian firms for lessons on how to build in wartime conditions

Wall Street Analyst Weigh In

A number of research firms recently issued reports on LMT. TD Cowen decreased their price target on shares of Lockheed Martin from $600.00 to $560.00 and set a “hold” rating on the stock in a research note on Monday, July 13th. Sanford C. Bernstein reissued a “market perform” rating on shares of Lockheed Martin in a research note on Friday, May 29th. Deutsche Bank Aktiengesellschaft reduced their target price on shares of Lockheed Martin from $615.00 to $575.00 and set a “hold” rating on the stock in a report on Friday, April 24th. UBS Group restated a “neutral” rating and set a $581.00 target price on shares of Lockheed Martin in a research report on Friday. Finally, DZ Bank raised shares of Lockheed Martin from a “hold” rating to a “strong-buy” rating in a report on Thursday, April 30th. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $626.33.

Lockheed Martin Stock Up 0.3%

Shares of LMT opened at $581.63 on Wednesday. The firm has a market capitalization of $134.24 billion, a P/E ratio of 21.44, a P/E/G ratio of 1.01 and a beta of 0.11. Lockheed Martin Corporation has a 12-month low of $412.55 and a 12-month high of $692.00. The company has a current ratio of 1.19, a quick ratio of 1.01 and a debt-to-equity ratio of 2.34. The firm has a fifty day moving average price of $525.93 and a 200-day moving average price of $574.65.

Lockheed Martin (NYSE:LMT) last posted 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 company had revenue of $20.06 billion for the quarter, compared to the consensus estimate of $19.34 billion. During the same quarter last year, the firm posted $1.46 EPS. The firm’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 research analysts expect that Lockheed Martin Corporation will post 30.23 earnings per share for the current year.

Lockheed Martin Announces Dividend

The firm also recently announced 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 of this dividend 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 50.87%.

About Lockheed Martin

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.