Western Wealth Management LLC Acquires 1,175 Shares of Lockheed Martin Corporation $LMT

Western Wealth Management LLC increased its holdings in shares of Lockheed Martin Corporation (NYSE:LMT) by 26.8% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 5,554 shares of the aerospace company’s stock after acquiring an additional 1,175 shares during the quarter. Western Wealth Management LLC’s holdings in Lockheed Martin were worth $3,356,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Basso Capital Management L.P. acquired a new position in shares of Lockheed Martin during the 4th quarter worth approximately $25,000. United Financial Planning Group LLC acquired a new stake in shares of Lockheed Martin in the third quarter valued at approximately $25,000. Clarity Asset Management Inc. acquired a new stake in shares of Lockheed Martin in the fourth quarter valued at approximately $26,000. Triumph Capital Management boosted its stake in shares of Lockheed Martin by 66.7% in the fourth quarter. Triumph Capital Management now owns 55 shares of the aerospace company’s stock valued at $26,000 after buying an additional 22 shares during the period. Finally, Bard Associates Inc. bought a new stake in shares of Lockheed Martin in the fourth quarter valued at approximately $27,000. Institutional investors and hedge funds own 74.19% of the company’s stock.

Lockheed Martin Trading Up 1.6%

Shares of LMT stock opened at $583.42 on Friday. Lockheed Martin Corporation has a fifty-two week low of $412.55 and a fifty-two week high of $692.00. The stock’s fifty day moving average price is $528.91 and its two-hundred day moving average price is $575.29. 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 company has a market cap of $134.65 billion, a PE ratio of 21.50, a P/E/G ratio of 0.99 and a beta of 0.11.

Lockheed Martin (NYSE:LMT) last announced its quarterly earnings data on Thursday, July 23rd. The aerospace company reported $7.94 earnings per share for the quarter, topping the consensus estimate of $7.22 by $0.72. Lockheed Martin had a return on equity of 91.42% and a net margin of 8.16%.The business had revenue of $20.06 billion during the quarter, compared to the consensus estimate of $19.34 billion. During the same period in the prior year, the company earned $1.46 EPS. Lockheed Martin’s revenue for the quarter was up 10.5% on a year-over-year basis. Lockheed Martin has set its FY 2026 guidance at 29.950-30.650 EPS. Equities analysts predict that Lockheed Martin Corporation will post 30.31 EPS for the current fiscal year.

Lockheed Martin Dividend Announcement

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

Wall Street Analyst Weigh In

A number of equities analysts have commented on LMT shares. Citigroup upgraded Lockheed Martin from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $571.00 to $582.00 in a research note on Wednesday, July 1st. Susquehanna reduced their target price on Lockheed Martin from $740.00 to $700.00 and set a “positive” rating on the stock in a report on Friday, April 24th. Wall Street Zen upgraded Lockheed Martin from a “hold” rating to a “strong-buy” rating in a research report on Saturday, July 25th. Wells Fargo & Company set a $600.00 price target on Lockheed Martin in a research note on Monday. Finally, Jefferies Financial Group reaffirmed a “hold” rating on shares of Lockheed Martin in a research report on Sunday, July 26th. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $626.33.

Lockheed Martin News Roundup

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

• Positive Sentiment: The U.S. Army awarded Lockheed Martin a seven-year contract modification valued at up to $53.86 billion for PAC-3 Missile Segment Enhancement interceptors. Including a previously awarded $4.7 billion first-year contract, the total potential value reaches $58.62 billion—the largest Patriot missile award to date. US awards Lockheed Martin $58.6 billion in largest-ever Patriot missile deal
• Positive Sentiment: Lockheed Martin plans to triple PAC-3 production, creating additional jobs and expanding manufacturing capacity. CEO Jim Taiclet said the award could help push the company’s backlog toward approximately $300 billion, improving long-term revenue visibility. Lockheed Martin Gets a Mega Missile Contract
• Positive Sentiment: Escalating U.S.-Iran tensions and missile use are depleting American weapons inventories, increasing the likelihood of sustained Pentagon replenishment orders. Lockheed Martin is viewed as a key beneficiary because of its leading position in missile defense. Iran Tensions Illustrate Defense Supply Shortages
• Neutral Sentiment: The contract is described as “undefinitized,” meaning final terms and pricing remain subject to negotiation. Investors may therefore focus on execution, production ramp-up costs and eventual contract profitability rather than the headline value alone. Lockheed Martin’s Missile Contract Brings More Jobs, Higher Production

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.