Pictet Asset Management Holding SA Purchases 1,585 Shares of Lockheed Martin Corporation $LMT

Pictet Asset Management Holding SA grew its holdings in shares of Lockheed Martin Corporation (NYSE:LMT) by 7.2% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 23,586 shares of the aerospace company’s stock after acquiring an additional 1,585 shares during the quarter. Pictet Asset Management Holding SA’s holdings in Lockheed Martin were worth $14,252,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the business. United Financial Planning Group LLC bought a new position in shares of Lockheed Martin during the third quarter valued at about $25,000. Basso Capital Management L.P. purchased a new stake in Lockheed Martin during the 4th quarter valued at about $25,000. Clarity Asset Management Inc. bought a new position in Lockheed Martin during the 4th quarter worth approximately $26,000. TD Capital Management LLC grew its position in Lockheed Martin by 450.0% during the 4th quarter. TD Capital Management LLC now owns 55 shares of the aerospace company’s stock worth $27,000 after acquiring an additional 45 shares during the last quarter. Finally, Triumph Capital Management increased its stake in Lockheed Martin by 66.7% in the 4th quarter. Triumph Capital Management now owns 55 shares of the aerospace company’s stock worth $26,000 after purchasing an additional 22 shares during the period. 74.19% of the stock is owned by institutional investors.

Lockheed Martin Stock Up 4.4%

Shares of NYSE:LMT opened at $544.75 on Friday. The firm has a market capitalization of $125.60 billion, a P/E ratio of 26.38, a P/E/G ratio of 0.95 and a beta of 0.11. The company has a debt-to-equity ratio of 2.74, a quick ratio of 0.94 and a current ratio of 1.14. The stock has a 50 day moving average price of $520.69 and a 200-day moving average price of $568.80. Lockheed Martin Corporation has a 52-week low of $410.11 and a 52-week high of $692.00.

Lockheed Martin (NYSE:LMT) last posted its quarterly earnings data on Thursday, April 23rd. The aerospace company reported $6.44 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $6.79 by ($0.35). The firm had revenue of $18.02 billion during the quarter, compared to the consensus estimate of $18.38 billion. Lockheed Martin had a return on equity of 101.64% and a net margin of 6.38%.Lockheed Martin’s revenue for the quarter was up .3% compared to the same quarter last year. During the same quarter last year, the company posted $7.28 EPS. Lockheed Martin has set its FY 2026 guidance at 29.350-30.250 EPS. As a group, equities research analysts anticipate that Lockheed Martin Corporation will post 29.88 EPS for the current fiscal year.

Lockheed Martin Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Monday, June 1st were given a dividend of $3.45 per share. This represents a $13.80 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date of this dividend was Monday, June 1st. Lockheed Martin’s dividend payout ratio (DPR) is 66.83%.

Analysts Set New Price Targets

LMT has been the subject of several recent research reports. Deutsche Bank Aktiengesellschaft lowered their price objective on Lockheed Martin from $615.00 to $575.00 and set a “hold” rating for the company in a research report on Friday, April 24th. JPMorgan Chase & Co. decreased their target price on shares of Lockheed Martin from $680.00 to $605.00 and set a “neutral” rating on the stock in a research note on Tuesday, May 5th. UBS Group lowered their price target on shares of Lockheed Martin from $683.00 to $538.00 in a report on Tuesday. BNP Paribas Exane dropped their price target on shares of Lockheed Martin from $770.00 to $680.00 and set an “outperform” rating for the company in a research report on Friday, April 24th. Finally, Citigroup raised shares of Lockheed Martin from a “neutral” rating to a “buy” rating and raised their price target for the stock from $571.00 to $582.00 in a report on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Lockheed Martin presently has an average rating of “Hold” and a consensus target price of $613.63.

Key Lockheed Martin News

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

• Positive Sentiment: Lockheed Martin was reported to be the front-runner to buy Ultra Maritime in a deal valued at about $3.5 billion, which could expand its naval-defense footprint and add to its long-term growth story. Lockheed Martin frontrunner for $3.5B Ultra Maritime deal, sources say – FT
• Positive Sentiment: The company also continues to benefit from large defense awards, including a massive missile-defense production contract for THAAD interceptors and a separate U.S. Army radar contract, reinforcing strong demand for its products. Why Lockheed Martin (LMT) Is Up 6.1% After Massive Missile-Defense Contracts And Index Shift
• Positive Sentiment: Citi upgraded Lockheed Martin to Buy, signaling that some analysts see the recent weakness as a buying opportunity. Why Lockheed Stock’s Brutal Quarter Is Sending a Buy Signal
• Neutral Sentiment: Lockheed Martin announced it will webcast its second-quarter 2026 earnings call on July 23, setting up the next major company update for investors. Lockheed Martin Announces Second Quarter 2026 Earnings Results Webcast
• Negative Sentiment: Some coverage continues to highlight pressure from program charges, weaker cash flow, and a recent quarter that was not as strong as peers, which could temper enthusiasm despite the contract wins. General Dynamics Vs. Lockheed Martin: Buy General Dynamics for Deep Marine Backlogs
• Negative Sentiment: UBS cut its price target on Lockheed Martin, reflecting a more cautious view on valuation and near-term upside. UBS cuts price target on Lockheed Martin to 538 from 683

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.