Lockheed Martin Corporation $LMT Stock: ProShare Advisors LLC Raises Position

ProShare Advisors LLC grew its holdings in Lockheed Martin Corporation (NYSE:LMT) by 4.2% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 34,012 shares of the aerospace company’s stock after purchasing an additional 1,356 shares during the period. ProShare Advisors LLC’s holdings in Lockheed Martin were worth $17,321,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the business. Burnham & Co LLC purchased a new position in shares of Lockheed Martin during the second quarter valued at approximately $25,000. Field & Main Bank bought a new position in shares of Lockheed Martin during the 2nd quarter valued at $26,000. Kelleher Financial Advisors purchased a new position in shares of Lockheed Martin in the 2nd quarter worth $29,000. Highland Investment Advisors LLC purchased a new position in shares of Lockheed Martin in the 2nd quarter worth $29,000. Finally, IAG Wealth Partners LLC boosted its stake in shares of Lockheed Martin by 4,800.0% in the 1st quarter. IAG Wealth Partners LLC now owns 49 shares of the aerospace company’s stock worth $30,000 after buying an additional 48 shares during the last quarter. Hedge funds and other institutional investors own 74.19% of the company’s stock.

Analysts Set New Price Targets

A number of analysts recently commented on LMT shares. Royal Bank Of Canada upped their price objective on Lockheed Martin from $550.00 to $600.00 and gave the company a “sector perform” rating in a research report on Friday, October 23rd. Sanford C. Bernstein dropped their target price on Lockheed Martin from $629.00 to $564.00 and set a “market perform” rating on the stock in a research report on Wednesday, October 14th. JPMorgan Chase & Co. boosted their price target on Lockheed Martin from $620.00 to $665.00 and gave the company a “neutral” rating in a research note on Monday, October 26th. Jefferies Financial Group reaffirmed a “hold” rating and set a $615.00 target price on shares of Lockheed Martin in a report on Sunday, October 25th. Finally, TD Cowen decreased their price target on shares of Lockheed Martin from $600.00 to $570.00 and set a “hold” rating on the stock in a research report on Friday, October 9th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $642.81.

Lockheed Martin Trading Up 1.0%

Shares of Lockheed Martin stock opened at $643.47 on Tuesday. The company has a market capitalization of $148.65 billion, a P/E ratio of 21.15, a P/E/G ratio of 1.34 and a beta of 0.09. The company has a debt-to-equity ratio of 2.04, a quick ratio of 1.10 and a current ratio of 1.26. The company has a fifty day moving average of $545.75 and a 200 day moving average of $569.30. Lockheed Martin Corporation has a fifty-two week low of $437.25 and a fifty-two week high of $692.00.

Lockheed Martin (NYSE:LMT) last released its earnings results on Thursday, October 22nd. The aerospace company reported $7.97 earnings per share (EPS) for the quarter, topping the consensus estimate of $7.52 by $0.45. The firm had revenue of $20.71 billion during the quarter, compared to analysts’ expectations of $20.48 billion. Lockheed Martin had a return on equity of 83.41% and a net margin of 8.23%. The firm’s revenue was up 11.3% on a year-over-year basis. During the same quarter last year, the business posted $6.95 earnings per share. On average, sell-side analysts anticipate that Lockheed Martin Corporation will post 30.66 earnings per share for the current fiscal year.

Lockheed Martin Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 31st. Shareholders of record on Tuesday, December 1st will be paid a $3.60 dividend. This represents a $14.40 annualized dividend and a yield of 2.2%. The ex-dividend date is Tuesday, December 1st. This is a positive change from Lockheed Martin’s previous quarterly dividend of $3.45. Lockheed Martin’s dividend payout ratio is currently 49.02%.

Key Stories Impacting Lockheed Martin

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

• Positive Sentiment: Lockheed Martin plans to invest $420 million to expand its Camden, Arkansas, manufacturing operations, adding approximately 650 full-time jobs over five years. The investment should increase capacity for weapons and other defense programs while signaling confidence in long-term government demand. Lockheed Martin Expands in Camden, Arkansas with $420M Investment
• Positive Sentiment: Investors are focusing on large multiyear commitments, including a 10-year F-35 framework and a $694 million hypersonic weapons contract. Lockheed also has a record backlog and raised its 2026 sales and earnings guidance, improving visibility into future revenue and profitability. Should Long Term Defense Contracts Require Action From Lockheed Martin Stock Investors?
• Positive Sentiment: The completed $3.45 billion acquisition of Ultra Maritime expands Lockheed Martin’s sonar and sonobuoy capabilities, strengthening its position in undersea defense and broadening its portfolio. Defense Giant Lockheed Martin Just Got a Little Bigger
• Positive Sentiment: Wells Fargo raised its price target from $600 to $700. Although the firm maintained an Equal Weight rating, the higher target reflects improved expectations for Lockheed’s outlook. Wells Fargo Lockheed Martin Price Target
• Neutral Sentiment: Defense stocks may benefit from a less adversarial relationship between contractors and the government, potentially reducing the risks associated with fixed-price development contracts. However, the benefits depend on contract execution and cost control. Prediction: Defense Stocks Like Lockheed Martin, RTX, and Boeing Are Set to Soar
• Negative Sentiment: Alphabet’s expansion into defense technology could create a longer-term competitive threat to traditional contractors such as Lockheed Martin, although the impact on near-term earnings remains uncertain. Tech’s Next Big Bet Is Defense

About Lockheed Martin

Lockheed Martin Corporation is a global security and aerospace company headquartered in Bethesda, Maryland. Formed in 1995 through the merger of Lockheed Corporation and Martin Marietta, the company develops and produces advanced defense, aerospace, and technology systems for government and commercial customers.

Its principal business areas include Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space. Products and services include military aircraft such as the F-35 Lightning II, C-130 Hercules, and F-16 Fighting Falcon; missile-defense and precision-strike systems; helicopters and naval systems; command, control, communications, and intelligence technologies; satellites; space exploration systems; and other classified space and defense programs.

Lockheed Martin serves the U.S.