Lockheed Martin Corporation $LMT Shares Acquired by Venture Visionary Partners LLC

Venture Visionary Partners LLC lifted its position in shares of Lockheed Martin Corporation (NYSE:LMT) by 8.7% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 19,086 shares of the aerospace company’s stock after acquiring an additional 1,535 shares during the quarter. Venture Visionary Partners LLC’s holdings in Lockheed Martin were worth $9,720,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in LMT. Dominguez Wealth Management Solutions Inc. lifted its stake in shares of Lockheed Martin by 0.6% in the third quarter. Dominguez Wealth Management Solutions Inc. now owns 4,252 shares of the aerospace company’s stock worth $2,166,000 after acquiring an additional 27 shares during the period. Elevation Wealth Partners LLC boosted its stake in Lockheed Martin by 13.0% during the third quarter. Elevation Wealth Partners LLC now owns 218 shares of the aerospace company’s stock worth $111,000 after acquiring an additional 25 shares in the last quarter. Elm3 Financial Group LLC grew its stake in shares of Lockheed Martin by 67.6% in the 3rd quarter. Elm3 Financial Group LLC now owns 771 shares of the aerospace company’s stock valued at $393,000 after buying an additional 311 shares during the period. Canandaigua National Trust Co of Florida acquired a new stake in Lockheed Martin in the third quarter valued at approximately $1,124,000. Finally, Canandaigua National Bank & Trust Co. grew its position in Lockheed Martin by 0.5% in the 3rd quarter. Canandaigua National Bank & Trust Co. now owns 11,777 shares of the aerospace company’s stock valued at $5,997,000 after purchasing an additional 58 shares during the period. Institutional investors own 74.19% of the company’s stock.

Lockheed Martin Price Performance

LMT stock traded down $10.99 during mid-day trading on Wednesday, hitting $499.13. 1,073,741 shares of the stock were exchanged, compared to its average volume of 1,451,960. The stock has a market capitalization of $115.19 billion, a price-to-earnings ratio of 18.40, a PEG ratio of 1.10 and a beta of 0.09. The business has a fifty day moving average price of $550.68 and a 200 day moving average price of $548.23. 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 Corporation has a 12 month low of $437.25 and a 12 month high of $692.00.

Lockheed Martin (NYSE:LMT) last posted its quarterly earnings results on Thursday, July 23rd. The aerospace company reported $7.94 EPS for the quarter, topping the consensus estimate of $7.22 by $0.72. Lockheed Martin had a net margin of 8.16% and a return on equity of 91.42%. The firm had revenue of $20.06 billion for the quarter, compared to the consensus estimate of $19.34 billion. During the same period last year, the firm posted $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. On average, sell-side analysts anticipate that Lockheed Martin Corporation will post 30.44 EPS for the current year.

Lockheed Martin Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, September 25th. Investors of record on Tuesday, September 1st were issued a dividend of $3.45 per share. The ex-dividend date was Tuesday, September 1st. This represents a $13.80 annualized dividend and a yield of 2.8%. Lockheed Martin’s dividend payout ratio is currently 50.87%.

Lockheed Martin News Summary

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

• Positive Sentiment: Analyst upgrade provides a significant upside signal. Rothschild & Co Redburn initiated coverage with a “buy”/“strong-buy” rating and a $650 price target, implying substantial potential upside from recent trading levels. Rothschild & Co Redburn upgrades Lockheed Martin
• Positive Sentiment: New defense awards strengthen revenue visibility. Lockheed Martin received a $209 million U.S. Navy electronic-warfare contract modification, with options that could raise the total value to approximately $1.71 billion. The company also secured a $245 million modification for a second IRST Block II order. Lockheed Martin electronic warfare contract
• Positive Sentiment: International and missile-defense programs continue progressing. Morocco’s first F-16 Block 72 completed its initial flight, supporting Lockheed Martin’s international aircraft backlog. Separately, GM Defense delivered components for the PAC-3 Missile Segment Enhancement program, which may help the company respond to strong interceptor demand. Morocco F-16 Block 72 first flight
• Neutral Sentiment: Investors are awaiting the third-quarter earnings report. A pre-earnings analysis described LMT as attractive after its pullback, but the report also highlights the risk that results, guidance or program execution could determine the next major move. Lockheed Martin Q3 earnings preview
• Negative Sentiment: Relative underperformance is weighing on sentiment. Coverage notes that LMT has lagged the S&P 500 and remains far below its 52-week high. That weakness may reflect investor concerns about growth, program execution and whether defense-sector optimism is already reflected in valuations. Lockheed Martin is cheap and lagging

Analyst Ratings Changes

A number of equities analysts have issued reports on LMT shares. Morgan Stanley lifted their price target on Lockheed Martin from $653.00 to $690.00 and gave the company an “equal weight” rating in a research note on Friday, July 24th. Rothschild & Co Redburn began coverage on shares of Lockheed Martin in a report on Tuesday. They set a “buy” rating and a $650.00 price objective for the company. Robert W. Baird set a $700.00 target price on Lockheed Martin in a research note on Friday, July 24th. TD Cowen dropped their price target on shares of Lockheed Martin from $600.00 to $560.00 and set a “hold” rating on the stock in a research note on Monday, July 13th. Finally, Wall Street Zen raised Lockheed Martin from a “buy” rating to a “strong-buy” rating in a report on Sunday, September 20th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $638.21.

About Lockheed Martin

Lockheed Martin Corporation is a global aerospace, defense and technology company headquartered in Bethesda, Maryland. The company develops and produces advanced systems for government and commercial customers, with the U.S. Department of Defense and other U.S. government agencies representing its primary customers.

Its principal activities include the design and manufacture of military aircraft, missiles, air and missile defense systems, radar and sensor technologies, naval and rotary-wing systems, satellites, space exploration systems, and cybersecurity and information technology solutions.