4,542 Shares of Lockheed Martin Corporation $LMT Purchased by Curry Webb Wealth Management LLC

Curry Webb Wealth Management LLC acquired a new position in Lockheed Martin Corporation (NYSE:LMT) in the third quarter, HoldingsChannel.com reports. The institutional investor acquired 4,542 shares of the aerospace company’s stock, valued at approximately $2,313,000. Lockheed Martin accounts for 0.9% of Curry Webb Wealth Management LLC’s portfolio, making the stock its 24th largest holding.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. SeaCrest Wealth Management LLC grew its position in shares of Lockheed Martin by 2.9% during the 3rd quarter. SeaCrest Wealth Management LLC now owns 1,621 shares of the aerospace company’s stock worth $825,000 after buying an additional 46 shares during the period. NBT Bank N.A. acquired a new position in Lockheed Martin in the third quarter valued at approximately $4,194,000. Isthmus Partners LLC lifted its holdings in Lockheed Martin by 0.6% in the third quarter. Isthmus Partners LLC now owns 24,384 shares of the aerospace company’s stock valued at $12,418,000 after buying an additional 138 shares during the period. Precedent Wealth Partners LLC lifted its holdings in Lockheed Martin by 19.3% in the third quarter. Precedent Wealth Partners LLC now owns 5,673 shares of the aerospace company’s stock valued at $2,889,000 after buying an additional 919 shares during the period. Finally, Smith Chas P & Associates PA Cpas boosted its stake in Lockheed Martin by 0.8% in the third quarter. Smith Chas P & Associates PA Cpas now owns 88,708 shares of the aerospace company’s stock valued at $48,975,000 after acquiring an additional 668 shares during the last quarter. 74.19% of the stock is owned by institutional investors.

Key Stories Impacting Lockheed Martin

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

• Positive Sentiment: Q3 results exceeded expectations. Lockheed Martin reported adjusted earnings of $7.97 per share versus the $7.52 consensus estimate, while sales rose 11.3% year over year to $20.71 billion, ahead of the $20.48 billion forecast. Net earnings increased 14% to $1.85 billion. Lockheed Martin Reports Third Quarter 2026 Financial Results
• Positive Sentiment: Management raised its 2026 outlook. The company now expects approximately $80 billion to $82 billion in 2026 sales and diluted EPS of $30.35 to $30.75, signaling continued confidence in defense demand and production growth. Lockheed lifts annual forecast as missile, jet production ramps up
• Positive Sentiment: Record backlog provides significant revenue visibility. Backlog reached approximately $292 billion, including $52.5 billion tied to the multiyear PAC-3 Missile Segment Enhancement award. All four business segments posted sales growth, led by a 24% increase in Missiles and Fire Control. Defense Giant Lockheed Martin Raises 2026 Outlook
• Positive Sentiment: New F-35 framework strengthens long-term demand. The Pentagon and Lockheed Martin agreed on a 10-year framework covering production of 850 F-35 aircraft. In exchange for greater order certainty, Lockheed plans to invest about $7 billion in projects supporting the program, including supply-chain and sustainment efforts. Lockheed and Pentagon strike initial deal to produce 850 F-35 jets
• Neutral Sentiment: Operating cash flow was $3.4 billion and free cash flow was $3.0 billion, supporting the company’s financial position, although investors will monitor execution as missile and aircraft production ramps up. Lockheed Martin Q3 Sales Rise 11% to $20.7 Billion

Wall Street Analyst Weigh In

A number of analysts have commented on the stock. Robert W. Baird set a $700.00 target price on shares of Lockheed Martin in a report on Friday, July 24th. Citigroup upped their target price on shares of Lockheed Martin from $641.00 to $691.00 and gave the company a “buy” rating in a research report on Thursday, August 13th. Royal Bank Of Canada cut their price target on Lockheed Martin from $600.00 to $550.00 and set a “sector perform” rating on the stock in a research note on Thursday, October 15th. Jefferies Financial Group restated a “hold” rating on shares of Lockheed Martin in a research report on Wednesday, September 2nd. Finally, Barclays started coverage on Lockheed Martin in a research note on Friday, October 9th. They set an “equal weight” rating and a $554.00 price objective for the company. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $627.10.

Lockheed Martin Price Performance

NYSE LMT opened at $588.64 on Friday. 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 $135.85 billion, a price-to-earnings ratio of 21.70, a PEG ratio of 1.19 and a beta of 0.09. The business has a 50 day simple moving average of $538.59 and a 200 day simple moving average of $541.86. Lockheed Martin Corporation has a 52-week low of $437.25 and a 52-week high of $692.00.

Lockheed Martin (NYSE:LMT) last issued its quarterly earnings data on Thursday, October 22nd. The aerospace company reported $7.97 EPS for the quarter, topping analysts’ consensus estimates of $7.52 by $0.45. The business had revenue of $20.71 billion for the quarter, compared to analyst estimates of $20.48 billion. Lockheed Martin had a net margin of 8.16% and a return on equity of 91.42%. The firm’s quarterly revenue was up 11.3% on a year-over-year basis. During the same period last year, the business posted $6.95 earnings per share. Analysts anticipate that Lockheed Martin Corporation will post 30.43 earnings per share for the current fiscal year.

Lockheed Martin Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 31st. Shareholders of record on Tuesday, December 1st will be issued a dividend of $3.60 per share. This is a boost from Lockheed Martin’s previous quarterly dividend of $3.45. The ex-dividend date is Tuesday, December 1st. This represents a $14.40 dividend on an annualized basis and a yield of 2.4%. Lockheed Martin’s dividend payout ratio is currently 50.87%.

Lockheed Martin Profile

Lockheed Martin Corporation is a global security and aerospace company headquartered in Bethesda, Maryland. Formed in 1995 through the merger of Lockheed Corporation and Martin Marietta, the company develops and produces advanced defense, aerospace, and technology systems for government and commercial customers.

Its principal business areas include Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space. Products and services include military aircraft such as the F-35 Lightning II, C-130 Hercules, and F-16 Fighting Falcon; missile-defense and precision-strike systems; helicopters and naval systems; command, control, communications, and intelligence technologies; satellites; space exploration systems; and other classified space and defense programs.

Lockheed Martin serves the U.S.