Opal Capital LLC Raises Holdings in Lockheed Martin Corporation $LMT

Opal Capital LLC raised its stake in Lockheed Martin Corporation (NYSE:LMT) by 124.2% during the first quarter, Holdings Channel.com reports. The firm owned 1,704 shares of the aerospace company’s stock after purchasing an additional 944 shares during the quarter. Opal Capital LLC’s holdings in Lockheed Martin were worth $1,030,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in LMT. Sunbelt Securities Inc. boosted its stake in shares of Lockheed Martin by 0.7% in the 1st quarter. Sunbelt Securities Inc. now owns 3,524 shares of the aerospace company’s stock valued at $2,130,000 after buying an additional 24 shares during the period. EverSource Wealth Advisors LLC increased its stake in shares of Lockheed Martin by 51.0% during the first quarter. EverSource Wealth Advisors LLC now owns 4,988 shares of the aerospace company’s stock worth $3,015,000 after buying an additional 1,685 shares during the period. Talon Private Wealth LLC acquired a new stake in Lockheed Martin in the first quarter valued at approximately $3,743,000. Richwood Investment Advisors LLC lifted its stake in Lockheed Martin by 3.7% in the first quarter. Richwood Investment Advisors LLC now owns 3,354 shares of the aerospace company’s stock worth $2,028,000 after acquiring an additional 121 shares during the last quarter. Finally, Rokos Capital Management LLP acquired a new position in Lockheed Martin during the 1st quarter worth approximately $62,429,000. Hedge funds and other institutional investors own 74.19% of the company’s stock.

Lockheed Martin Stock Performance

NYSE LMT opened at $581.63 on Wednesday. The company has a fifty day moving average of $525.93 and a two-hundred day moving average of $574.65. The company has a market capitalization of $134.24 billion, a PE ratio of 21.44, a P/E/G ratio of 1.01 and a beta of 0.11. Lockheed Martin Corporation has a 1 year low of $412.55 and a 1 year high of $692.00. The company has a debt-to-equity ratio of 2.34, a current ratio of 1.19 and a quick ratio of 1.01.

Lockheed Martin (NYSE:LMT) last posted its earnings results on Thursday, July 23rd. The aerospace company reported $7.94 EPS for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to analysts’ expectations of $19.34 billion. During the same quarter in the previous year, the firm earned $1.46 earnings per share. The business’s revenue was up 10.5% compared to the same quarter last year. Lockheed Martin has set its FY 2026 guidance at 29.950-30.650 EPS. As a group, analysts expect that Lockheed Martin Corporation will post 30.23 earnings per share for the current year.

Lockheed Martin Announces Dividend

The company also recently declared 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. This represents a $13.80 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date is Tuesday, September 1st. Lockheed Martin’s dividend payout ratio (DPR) is currently 50.87%.

Key Headlines Impacting Lockheed Martin

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

• Positive Sentiment: Lockheed Martin’s second-quarter performance remains a key catalyst: revenue increased 11% to approximately $20.1 billion, free cash flow recovered to $2.9 billion, backlog reached a record $230 billion and management raised its full-year outlook. The Missiles and Fire Control segment was particularly strong, with revenue up 19% and profit up 24%. Lockheed Martin: Missiles Make Valuation Attractive Again
• Positive Sentiment: Analysts see missile-production expansion for PAC-3 MSE, THAAD and PrSM as major growth drivers. L3Harris announced frameworks with the Department of War and Lockheed Martin to support a substantial increase in PAC-3 production and quadruple THAAD propulsion capacity, potentially improving future order visibility. L3Harris Signs Transformational Agreement to Drastically Increase Production for PAC-3 MSE
• Positive Sentiment: Heightened defense budgets, geopolitical tensions and NATO members’ efforts to increase military spending are strengthening the demand outlook for Lockheed Martin’s aircraft, missile and defense systems. The company is also reportedly building weapons ahead of Pentagon orders, positioning it to respond more quickly to replenishment needs. Lockheed Martin: Flying High On Heightened Defense Spending
• Positive Sentiment: At the Farnborough Airshow, Lockheed unveiled MORFIUS X-Rotor, a reusable airborne counter-drone system that uses high-power microwaves to disable groups of small unmanned aircraft. The technology addresses growing military demand for lower-cost defenses against drone swarms. Tech Weekly: Tesla under strain, Lockheed innovates drone fighter
• Neutral Sentiment: Zacks highlighted strong investor attention and favorable value-oriented characteristics, while other analysis upgraded LMT to Buy. However, the stock’s valuation and the need for significant capital investment to expand production remain considerations for investors.
• Neutral Sentiment: Western defense companies are seeking production lessons and partnerships with Ukrainian firms, potentially benefiting Lockheed Martin’s manufacturing agility, although the financial impact is not yet quantified. Western defense companies are looking to Ukrainian firms for lessons on how to build in wartime conditions

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the stock. Susquehanna reduced their price objective on shares of Lockheed Martin from $740.00 to $700.00 and set a “positive” rating on the stock in a report on Friday, April 24th. Weiss Ratings downgraded shares of Lockheed Martin from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday, July 17th. Wells Fargo & Company set a $600.00 price target on Lockheed Martin in a research note on Monday. Sanford C. Bernstein reaffirmed a “market perform” rating on shares of Lockheed Martin in a report on Friday, May 29th. Finally, Morgan Stanley increased their price objective on Lockheed Martin from $653.00 to $690.00 and gave the company an “equal weight” rating in a report on Friday. One research 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 given a Sell rating to the company. Based on data from MarketBeat, Lockheed Martin presently has an average rating of “Hold” and a consensus price target of $626.33.

Lockheed Martin 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.