Kiley Juergens Wealth Management LLC Invests $1.74 Million in Lockheed Martin Corporation $LMT

Kiley Juergens Wealth Management LLC acquired a new stake in shares of Lockheed Martin Corporation (NYSE:LMT) during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 2,879 shares of the aerospace company’s stock, valued at approximately $1,740,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Diamant Asset Management Inc. raised its stake in shares of Lockheed Martin by 60,339.0% in the 1st quarter. Diamant Asset Management Inc. now owns 879,387 shares of the aerospace company’s stock worth $531,493,000 after buying an additional 877,932 shares in the last quarter. AQR Capital Management LLC lifted its stake in Lockheed Martin by 107.3% during the fourth quarter. AQR Capital Management LLC now owns 1,293,823 shares of the aerospace company’s stock valued at $625,784,000 after purchasing an additional 669,604 shares during the last quarter. Morgan Stanley boosted its holdings in Lockheed Martin by 10.1% during the fourth quarter. Morgan Stanley now owns 5,728,551 shares of the aerospace company’s stock worth $2,770,729,000 after buying an additional 527,523 shares in the last quarter. Sanders Capital LLC acquired a new position in Lockheed Martin in the third quarter worth approximately $252,699,000. Finally, Corient Private Wealth LLC boosted its stake in shares of Lockheed Martin by 203.3% during the 4th quarter. Corient Private Wealth LLC now owns 560,363 shares of the aerospace company’s stock worth $271,031,000 after acquiring an additional 375,622 shares in the last quarter. Institutional investors own 74.19% of the company’s stock.

Key Lockheed Martin News

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

• Positive Sentiment: Lockheed Martin and Rheinmetall signed an MOU to jointly produce ATACMS missiles in Germany, marking the first planned manufacture of the short-range ballistic missile outside the U.S. and opening the door to more European defense revenue. Reuters article
• Positive Sentiment: Lockheed Martin also announced progress on PAC-3 sustainment across Europe, including discussions of a dedicated missile maintenance facility, which could support recurring service and sustainment income. Yahoo Finance article
• Positive Sentiment: NATO-related defense deals highlighted billions of dollars in new contracts and backlogs for major defense names, including Lockheed Martin, reinforcing demand visibility for the company’s weapons systems. Reuters article
• Positive Sentiment: Lockheed Martin agreed to acquire Ultra Maritime for $3.45 billion, strengthening its anti-submarine warfare and undersea defense capabilities and broadening its naval portfolio. Reuters article
• Neutral Sentiment: Reports that Trump wants Sikorsky to help fund a new White House helipad are more of a political headline than a clear earnings driver, so the stock impact is likely limited. Benzinga article

Lockheed Martin Stock Performance

LMT stock traded up $0.07 during midday trading on Tuesday, hitting $538.07. The stock had a trading volume of 208,693 shares, compared to its average volume of 1,610,877. The firm has a market capitalization of $124.06 billion, a price-to-earnings ratio of 26.05, a P/E/G ratio of 0.99 and a beta of 0.11. The company has a current ratio of 1.14, a quick ratio of 0.94 and a debt-to-equity ratio of 2.74. The stock has a 50-day simple moving average of $520.46 and a 200 day simple moving average of $569.22. Lockheed Martin Corporation has a 52 week low of $410.11 and a 52 week high of $692.00.

Lockheed Martin (NYSE:LMT) last released its quarterly earnings data on Thursday, April 23rd. The aerospace company reported $6.44 EPS for the quarter, missing analysts’ consensus estimates of $6.79 by ($0.35). The business had revenue of $18.02 billion for 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 was up .3% on a year-over-year basis. During the same period in the previous year, the business posted $7.28 earnings per share. 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 earnings per share for the current year.

Lockheed Martin Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Monday, June 1st were paid a dividend of $3.45 per share. This represents a $13.80 annualized dividend and a yield of 2.6%. The ex-dividend date was Monday, June 1st. Lockheed Martin’s dividend payout ratio is currently 66.83%.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the company. Weiss Ratings downgraded Lockheed Martin from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, June 9th. TD Cowen reduced their price objective on Lockheed Martin from $670.00 to $600.00 and set a “hold” rating for the company in a research note on Friday, April 24th. Royal Bank Of Canada decreased their price objective on Lockheed Martin from $650.00 to $575.00 and set a “sector perform” rating for the company 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, Morgan Stanley dropped their target price on Lockheed Martin from $675.00 to $653.00 and set an “equal weight” rating on the stock in a report on Friday, April 24th. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, twelve have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $613.63.

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.