WNY Asset Management LLC Makes New $538,000 Investment in Lockheed Martin Corporation $LMT

WNY Asset Management LLC purchased a new stake in Lockheed Martin Corporation (NYSE:LMT) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 890 shares of the aerospace company’s stock, valued at approximately $538,000.

A number of other institutional investors also recently modified their holdings of LMT. IAG Wealth Partners LLC raised its position in Lockheed Martin by 4,800.0% in the 1st quarter. IAG Wealth Partners LLC now owns 49 shares of the aerospace company’s stock valued at $30,000 after buying an additional 48 shares during the last quarter. United Financial Planning Group LLC acquired a new position in Lockheed Martin during the 3rd quarter worth approximately $25,000. Basso Capital Management L.P. bought a new position in shares of Lockheed Martin during the 4th quarter worth approximately $25,000. Clarity Asset Management Inc. bought a new position in shares of Lockheed Martin during the 4th quarter worth approximately $26,000. Finally, TD Capital Management LLC raised its holdings in shares of Lockheed Martin by 450.0% in the fourth quarter. TD Capital Management LLC now owns 55 shares of the aerospace company’s stock valued at $27,000 after purchasing an additional 45 shares during the last quarter. 74.19% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on LMT shares. DZ Bank raised shares of Lockheed Martin from a “hold” rating to a “strong-buy” rating in a research report on Thursday, April 30th. Bank of America decreased their target price on shares of Lockheed Martin from $660.00 to $600.00 and set a “neutral” rating for the company in a research report on Friday, April 24th. Wells Fargo & Company set a $600.00 price target on shares of Lockheed Martin in a research note on Monday, July 27th. Royal Bank Of Canada boosted their price target on shares of Lockheed Martin from $575.00 to $600.00 and gave the stock a “sector perform” rating in a research report on Friday, July 24th. Finally, TD Cowen reduced their price objective on shares of Lockheed Martin from $600.00 to $560.00 and set a “hold” rating for the company in a research note on Monday, July 13th. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average 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. 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

Lockheed Martin Trading Up 1.6%

NYSE LMT opened at $583.42 on Friday. The company has a market cap of $134.65 billion, a PE ratio of 21.50, a PEG ratio of 1.00 and a beta of 0.11. The company has a current ratio of 1.19, a quick ratio of 1.01 and a debt-to-equity ratio of 2.34. 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 moving average of $528.91 and a 200-day moving average of $575.29.

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

Lockheed Martin Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 25th. Stockholders of record on Tuesday, September 1st will be given a $3.45 dividend. 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 dividend payout ratio (DPR) is 50.87%.

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.