New York State Teachers Retirement System Buys 4,717 Shares of Lockheed Martin Corporation $LMT

New York State Teachers Retirement System grew its stake in Lockheed Martin Corporation (NYSE:LMT) by 2.7% during the first quarter, Holdings Channel reports. The firm owned 177,983 shares of the aerospace company’s stock after purchasing an additional 4,717 shares during the period. New York State Teachers Retirement System’s holdings in Lockheed Martin were worth $107,571,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of the stock. United Financial Planning Group LLC bought a new position in Lockheed Martin during the 3rd quarter valued at $25,000. Basso Capital Management L.P. purchased a new position in Lockheed Martin during the 4th quarter worth $25,000. Clarity Asset Management Inc. bought a new stake in shares of Lockheed Martin in the 4th quarter worth $26,000. TD Capital Management LLC grew its stake in shares of Lockheed Martin by 450.0% in the 4th quarter. TD Capital Management LLC now owns 55 shares of the aerospace company’s stock worth $27,000 after acquiring an additional 45 shares in the last quarter. Finally, Triumph Capital Management grew its stake in shares of Lockheed Martin by 66.7% in the 4th quarter. Triumph Capital Management now owns 55 shares of the aerospace company’s stock worth $26,000 after acquiring an additional 22 shares in the last quarter. Institutional investors own 74.19% of the company’s stock.

Lockheed Martin Stock Performance

Shares of LMT stock opened at $544.75 on Friday. Lockheed Martin Corporation has a 52 week low of $410.11 and a 52 week high of $692.00. The company has a debt-to-equity ratio of 2.74, a quick ratio of 0.94 and a current ratio of 1.14. The firm’s 50-day simple moving average is $520.69 and its two-hundred day simple moving average is $568.80. The firm has a market cap of $125.60 billion, a price-to-earnings ratio of 26.38, a P/E/G ratio of 0.95 and a beta of 0.11.

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 the consensus estimate of $6.79 by ($0.35). Lockheed Martin had a return on equity of 101.64% and a net margin of 6.38%.The business had revenue of $18.02 billion during the quarter, compared to the consensus estimate of $18.38 billion. During the same period last year, the business posted $7.28 earnings per share. The firm’s quarterly revenue was up .3% on a year-over-year basis. Lockheed Martin has set its FY 2026 guidance at 29.350-30.250 EPS. As a group, equities analysts forecast that Lockheed Martin Corporation will post 29.88 earnings per share for the current year.

Lockheed Martin Announces Dividend

The company also recently declared 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. The ex-dividend date of this dividend was Monday, June 1st. This represents a $13.80 annualized dividend and a yield of 2.5%. Lockheed Martin’s payout ratio is 66.83%.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on LMT. BNP Paribas Exane dropped their price target on shares of Lockheed Martin from $770.00 to $680.00 and set an “outperform” rating on the stock in a research report on Friday, April 24th. Weiss Ratings downgraded shares of Lockheed Martin from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, June 9th. Citigroup upgraded shares of Lockheed Martin from a “neutral” rating to a “buy” rating and increased their price objective for the company from $571.00 to $582.00 in a research note on Wednesday. Bank of America dropped their target price on shares of Lockheed Martin from $660.00 to $600.00 and set a “neutral” rating on the stock in a research report on Friday, April 24th. Finally, JPMorgan Chase & Co. cut their target price on Lockheed Martin from $680.00 to $605.00 and set a “neutral” rating on the stock in a research note on Tuesday, May 5th. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Lockheed Martin has an average rating of “Hold” and a consensus price target of $613.63.

Key Lockheed Martin News

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

• Positive Sentiment: Lockheed Martin was reported to be the front-runner to buy Ultra Maritime in a deal valued at about $3.5 billion, which could expand its naval-defense footprint and add to its long-term growth story. Lockheed Martin frontrunner for $3.5B Ultra Maritime deal, sources say – FT
• Positive Sentiment: The company also continues to benefit from large defense awards, including a massive missile-defense production contract for THAAD interceptors and a separate U.S. Army radar contract, reinforcing strong demand for its products. Why Lockheed Martin (LMT) Is Up 6.1% After Massive Missile-Defense Contracts And Index Shift
• Positive Sentiment: Citi upgraded Lockheed Martin to Buy, signaling that some analysts see the recent weakness as a buying opportunity. Why Lockheed Stock’s Brutal Quarter Is Sending a Buy Signal
• Neutral Sentiment: Lockheed Martin announced it will webcast its second-quarter 2026 earnings call on July 23, setting up the next major company update for investors. Lockheed Martin Announces Second Quarter 2026 Earnings Results Webcast
• Negative Sentiment: Some coverage continues to highlight pressure from program charges, weaker cash flow, and a recent quarter that was not as strong as peers, which could temper enthusiasm despite the contract wins. General Dynamics Vs. Lockheed Martin: Buy General Dynamics for Deep Marine Backlogs
• Negative Sentiment: UBS cut its price target on Lockheed Martin, reflecting a more cautious view on valuation and near-term upside. UBS cuts price target on Lockheed Martin to 538 from 683

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.