ASK Capital Investment Managers LLC Purchases 6,178 Shares of Lockheed Martin Corporation $LMT

ASK Capital Investment Managers LLC purchased a new position in shares of Lockheed Martin Corporation (NYSE:LMT) in the third quarter, HoldingsChannel.com reports. The firm purchased 6,178 shares of the aerospace company’s stock, valued at approximately $3,146,000. Lockheed Martin accounts for 3.5% of ASK Capital Investment Managers LLC’s holdings, making the stock its 13th biggest holding.

Several other hedge funds and other institutional investors also recently bought and sold shares of LMT. IAG Wealth Partners LLC raised its holdings in shares of Lockheed Martin by 4,800.0% in the first 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. Burnham & Co LLC purchased a new position in shares of Lockheed Martin during the second quarter worth about $25,000. Basso Capital Management L.P. purchased a new position in shares of Lockheed Martin during the fourth quarter worth about $25,000. Field & Main Bank purchased a new position in shares of Lockheed Martin during the second quarter worth about $26,000. Finally, TD Capital Management LLC increased its position in Lockheed Martin by 450.0% in the 4th quarter. TD Capital Management LLC now owns 55 shares of the aerospace company’s stock valued at $27,000 after acquiring an additional 45 shares during the period. 74.19% of the stock is owned by hedge funds and other institutional investors.

More Lockheed Martin News

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

• Positive Sentiment: Lockheed Martin and Avio agreed to expand U.S. solid rocket motor production. Initial work is expected to support the Extended Range GMLRS and Precision Strike Missile programs, potentially strengthening LMT’s manufacturing capacity, supply-chain resilience, and ability to benefit from higher defense demand. Lockheed Martin and Avio Announce Strategic Cooperation Agreement for Solid Rocket Motor Production
• Positive Sentiment: The company introduced the PAC-3 Edge interceptor for advanced and hypersonic missile threats. If selected for the Army’s Future Interceptor or low-cost interceptor initiatives, the product could create additional long-term missile-defense revenue. However, the articles indicate that adoption is not yet assured. Lockheed Martin Debuts PAC 3 Edge Interceptor
• Positive Sentiment: Recent GPS modernization awards totaling approximately $114 million could support growth in LMT’s space business, particularly as demand rises for secure satellite-navigation systems. Can GPS Modernization Strengthen Lockheed Martin’s Growth Outlook?
• Neutral Sentiment: Lockheed Martin increased its quarterly dividend 4.3% to $3.60 per share, equivalent to $14.40 annually and a reported yield of about 2.8%. The increase supports the shareholder-return case but is unlikely to materially change near-term earnings expectations.
• Neutral Sentiment: A comparison with Boeing highlighted LMT’s approximately $6.9 billion in free cash flow and lower leverage, while Barclays initiated coverage with an “Equal Weight” rating, signaling limited near-term conviction. Lockheed Martin Stock Rated Equal Weight in New Coverage at Barclays
• Negative Sentiment: Investors remain concerned that Anduril’s lower-cost Steelfin interceptor could challenge Lockheed Martin’s position in Patriot and THAAD-related defense markets. That competitive threat, combined with LMT’s broader underperformance and shares trading below recent moving averages, is weighing on sentiment. Lockheed Martin Stock at Risk as Anduril Builds Cheaper Patriot THAAD Alternative

Wall Street Analyst Weigh In

LMT has been the subject of several analyst reports. Royal Bank Of Canada upped their price objective on Lockheed Martin from $575.00 to $600.00 and gave the company a “sector perform” rating in a research note on Friday, July 24th. Weiss Ratings upgraded Lockheed Martin from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday. Barclays initiated coverage on Lockheed Martin in a report on Friday, October 9th. They issued an “equal weight” rating and a $554.00 target price on the stock. Citigroup upped their price target on Lockheed Martin from $641.00 to $691.00 and gave the stock a “buy” rating in a research note on Thursday, August 13th. Finally, UBS Group upgraded Lockheed Martin from a “neutral” rating to a “buy” rating and upped their price target for the stock from $581.00 to $674.00 in a research note on Tuesday, September 8th. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Lockheed Martin has an average rating of “Hold” and an average target price of $634.50.

Lockheed Martin Price Performance

Shares of NYSE:LMT opened at $503.72 on Wednesday. The company has a quick ratio of 1.01, a current ratio of 1.19 and a debt-to-equity ratio of 2.34. The company has a market cap of $116.25 billion, a P/E ratio of 17.80, a PEG ratio of 1.11 and a beta of 0.09. Lockheed Martin Corporation has a 52 week low of $437.25 and a 52 week high of $692.00. The company has a 50-day moving average price of $544.68 and a 200 day moving average price of $545.11.

Lockheed Martin (NYSE:LMT) last announced its quarterly earnings data on Thursday, July 23rd. The aerospace company reported $7.94 earnings per share for the quarter, beating 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 company had revenue of $20.06 billion for the quarter, compared to analyst estimates of $19.34 billion. During the same quarter in the previous year, the company earned $1.46 EPS. The firm’s revenue for the quarter 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. Research analysts predict that Lockheed Martin Corporation will post 30.44 earnings per share for the current year.

Lockheed Martin Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 31st. Stockholders of record on Tuesday, December 1st will be issued a $3.60 dividend. The ex-dividend date of this dividend is Tuesday, December 1st. This represents a $14.40 annualized dividend and a dividend yield of 2.9%. This is an increase from Lockheed Martin’s previous quarterly dividend of $3.45. Lockheed Martin’s payout ratio is 50.87%.

Lockheed Martin Company Profile

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.