Kentucky Retirement Systems Has $13.43 Million Position in Lockheed Martin Corporation $LMT

Kentucky Retirement Systems increased its stake in Lockheed Martin Corporation (NYSE:LMT) by 69.4% in the 1st quarter, HoldingsChannel.com reports. The firm owned 22,214 shares of the aerospace company’s stock after acquiring an additional 9,102 shares during the period. Kentucky Retirement Systems’ holdings in Lockheed Martin were worth $13,426,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the company. Diamant Asset Management Inc. increased 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 valued at $531,493,000 after buying an additional 877,932 shares during the period. AQR Capital Management LLC raised its position in shares of 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 worth $625,784,000 after acquiring an additional 669,604 shares during the last quarter. Morgan Stanley lifted 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 acquiring an additional 527,523 shares during the period. Janus Henderson Group PLC lifted its stake in shares of Lockheed Martin by 3,497.5% during the first quarter. Janus Henderson Group PLC now owns 451,276 shares of the aerospace company’s stock valued at $272,746,000 after acquiring an additional 438,732 shares during the period. Finally, Corient Private Wealth LLC boosted its holdings in Lockheed Martin by 203.3% in the fourth quarter. Corient Private Wealth LLC now owns 560,363 shares of the aerospace company’s stock valued at $271,031,000 after acquiring an additional 375,622 shares during the last quarter. Institutional investors and hedge funds own 74.19% of the company’s stock.

Lockheed Martin Trading Down 1.9%

NYSE LMT opened at $570.21 on Thursday. Lockheed Martin Corporation has a 12 month low of $412.55 and a 12 month high of $692.00. The stock has a 50-day simple moving average of $526.88 and a 200 day simple moving average of $575.01. 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 company has a market capitalization of $131.60 billion, a PE ratio of 21.02, a P/E/G ratio of 1.00 and a beta of 0.11.

Lockheed Martin (NYSE:LMT) last issued its earnings results on Thursday, July 23rd. The aerospace company reported $7.94 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $7.22 by $0.72. The firm had revenue of $20.06 billion for the quarter, compared to analysts’ expectations of $19.34 billion. Lockheed Martin had a return on equity of 91.42% and a net margin of 8.16%.The company’s revenue was up 10.5% compared to the same quarter last year. During the same quarter last year, the business earned $1.46 earnings per share. Lockheed Martin has set its FY 2026 guidance at 29.950-30.650 EPS. Research analysts forecast that Lockheed Martin Corporation will post 30.28 EPS for the current year.

Lockheed Martin Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 25th. Investors of record on Tuesday, September 1st will be paid a dividend of $3.45 per share. The ex-dividend date of this dividend is Tuesday, September 1st. This represents a $13.80 annualized dividend and a yield of 2.4%. Lockheed Martin’s dividend payout ratio (DPR) is presently 50.87%.

Analyst Upgrades and Downgrades

A number of analysts recently commented on the company. Robert W. Baird set a $700.00 price objective on Lockheed Martin in a research report on Friday, July 24th. Morgan Stanley upped their target price on shares of Lockheed Martin from $653.00 to $690.00 and gave the company an “equal weight” rating in a research report on Friday, July 24th. DZ Bank raised shares of Lockheed Martin from a “hold” rating to a “strong-buy” rating in a research note on Thursday, April 30th. Jefferies Financial Group reiterated a “hold” rating on shares of Lockheed Martin in a research report on Sunday. Finally, Wall Street Zen upgraded shares of Lockheed Martin from a “hold” rating to a “strong-buy” rating in a report on Saturday, July 25th. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Lockheed Martin has a consensus rating of “Hold” and a consensus price target of $626.33.

Key Lockheed Martin News

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

• Positive Sentiment: The U.S. government awarded Lockheed Martin a seven-year contract worth up to $58.62 billion for PAC-3 Missile Segment Enhancement interceptor production. The award is the largest Patriot missile deal to date and should significantly expand Lockheed’s backlog, manufacturing visibility and future cash-flow potential as global conflicts deplete missile inventories. Department of War Awards Lockheed Martin $58.62B for Multiyear PAC-3 MSE Production
• Positive Sentiment: The Patriot award reinforces the company’s missile growth outlook, alongside demand for PAC-3, THAAD and PrSM systems. Recent coverage highlighted record backlog of approximately $230 billion, recovering free cash flow of $2.9 billion and strong Missile and Fire Control segment growth. Lockheed Martin: Missiles Make Valuation Attractive Again
• Positive Sentiment: Lockheed also showcased the MORFIUS X-Rotor counter-drone system, which uses high-power microwave energy to disable drone swarms. The technology could benefit from military demand for lower-cost defenses against increasingly common unmanned threats. Tech Weekly: Tesla under strain, Lockheed innovates drone fighter
• Neutral Sentiment: The contract is an undefinitized contract action and is stated as “up to” $58.62 billion, so the final value, timing and profitability may differ from the headline amount. Investors may also be awaiting details on production capacity and margins.
• Negative Sentiment: The stock’s decline suggests some investors may be taking profits or remaining cautious about valuation and execution, even after strong quarterly results and raised full-year earnings guidance. The award is strategically positive, but much of the missile-growth outlook may already be reflected in the share price.

Lockheed Martin Company 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.