Lockheed Martin Corporation $LMT Shares Newly Purchased by Greg Jennings LLC

Greg Jennings LLC purchased a new position in Lockheed Martin Corporation (NYSE:LMT) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 6,125 shares of the aerospace company’s stock, valued at approximately $3,119,000. Lockheed Martin makes up approximately 2.1% of Greg Jennings LLC’s portfolio, making the stock its 17th biggest holding.

Several other large investors also recently modified their holdings of the business. State Street Corp lifted its holdings in shares of Lockheed Martin by 1.3% during the 2nd quarter. State Street Corp now owns 32,975,170 shares of the aerospace company’s stock valued at $16,799,530,000 after purchasing an additional 419,582 shares in the last quarter. BlackRock Inc. acquired a new position in shares of Lockheed Martin in the 2nd quarter valued at approximately $9,617,574,000. Corient Private Wealth LP acquired a new position in shares of Lockheed Martin in the 2nd quarter valued at approximately $101,960,000. Bank of New York Mellon Corp acquired a new position in shares of Lockheed Martin in the 2nd quarter valued at approximately $645,258,000. Finally, Legal & General Group Plc acquired a new position in shares of Lockheed Martin in the 2nd quarter valued at approximately $497,469,000. 74.19% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on LMT shares. Wall Street Zen cut Lockheed Martin from a “strong-buy” rating to a “buy” rating in a research note on Saturday. Royal Bank Of Canada cut their price target on shares of Lockheed Martin from $600.00 to $550.00 and set a “sector perform” rating on the stock in a research note on Thursday. Jefferies Financial Group reaffirmed a “hold” rating on shares of Lockheed Martin in a research note on Wednesday, September 2nd. UBS Group reiterated a “buy” rating and issued a $653.00 price target on shares of Lockheed Martin in a report on Friday. Finally, Weiss Ratings upgraded shares of Lockheed Martin from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, October 9th. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $627.10.

Key Lockheed Martin News

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

• Positive Sentiment: Lockheed Martin and RTX’s Javelin joint venture won a $215 million U.S. Army contract for Javelin launchers, reinforcing demand for the companies’ anti-armor systems. RTX, Lockheed Martin JV wins $215M US Army contract for Javelin launchers
• Positive Sentiment: LMT secured a $117.1 million contract to support radar systems for Apache helicopters, providing additional revenue visibility and strengthening its position in U.S. Army electronic-warfare and aviation programs. LMT Secures $117.1M Contract for Apache Helicopter Radar Support
• Positive Sentiment: Ukraine’s president discussed accelerating Patriot deliveries with Lockheed Martin. Faster deliveries could support production demand for the company’s air-defense business amid heightened geopolitical tensions. Ukraine’s Zelenskiy discusses speeding up supplies of Patriots with Lockheed Martin
• Neutral Sentiment: Analysts are focused on LMT’s upcoming third-quarter results for the period ended September 2026. The earnings preview could increase near-term volatility as investors assess revenue, margins and guidance. Lockheed Q3 Earnings on the Horizon
• Neutral Sentiment: Commentary highlights LMT’s historically defensive performance, close U.S. government ties, long-term stability and dividend income, potentially attracting investors seeking resilience. Why Lockheed Martin May Be an Underrated Stock to Buy Right Now
• Negative Sentiment: New 2027 Pentagon rules requiring non-Chinese rare-earth magnets could raise sourcing costs and execution risks, although possible changes to Norway’s sovereign wealth fund rules could broaden potential investor demand.
• Negative Sentiment: Political criticism of defense contractors’ profits from Iran-related demand creates reputational and policy risk for LMT, despite potentially supporting defense spending. Joe Kent Slams Defense Contractors After Lockheed CEO Comments

Lockheed Martin Stock Down 0.5%

LMT stock traded down $2.80 during trading hours on Monday, reaching $549.29. 1,377,137 shares of the stock were exchanged, compared to its average volume of 1,441,589. The firm’s 50-day moving average is $541.90 and its 200-day moving average is $543.48. Lockheed Martin Corporation has a 12 month low of $437.25 and a 12 month high of $692.00. The company has a market cap of $126.77 billion, a price-to-earnings ratio of 20.25, a PEG ratio of 1.20 and a beta of 0.09. 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 issued its quarterly earnings results on Thursday, July 23rd. The aerospace company reported $7.94 EPS for the quarter, beating analysts’ consensus estimates of $7.22 by $0.72. The company had revenue of $20.06 billion for the quarter, compared to analyst estimates of $19.34 billion. Lockheed Martin had a return on equity of 91.42% and a net margin of 8.16%. The company’s quarterly revenue was up 10.5% compared to the same quarter last year. During the same period in the previous year, the company posted $1.46 earnings per share. Lockheed Martin has set its FY 2026 guidance at 29.950-30.650 EPS. On average, equities research analysts expect that Lockheed Martin Corporation will post 30.44 earnings per share for the current year.

Lockheed Martin Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 31st. Investors of record on Tuesday, December 1st will be issued a dividend of $3.60 per share. The ex-dividend date is Tuesday, December 1st. This is a boost from Lockheed Martin’s previous quarterly dividend of $3.45. This represents a $14.40 dividend on an annualized basis and a dividend yield of 2.6%. Lockheed Martin’s dividend payout ratio is 50.87%.

Lockheed Martin Company Profile

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.