Lockheed Martin (NYSE:LMT) Shares Up 1.5% Following Dividend Announcement

Lockheed Martin Corporation (NYSE:LMT)’s share price rose 1.5% during mid-day trading on Wednesday after the company announced a dividend. The stock traded as high as $521.00 and last traded at $514.50. 1,137,267 shares changed hands during mid-day trading, a decline of 27% from the average daily volume of 1,561,743 shares. The stock had previously closed at $507.09.

The newly announced dividend which will be paid on Friday, September 25th. Stockholders of record on Tuesday, September 1st will be given a $3.45 dividend. The ex-dividend date of this dividend is Tuesday, September 1st. This represents a $13.80 dividend on an annualized basis and a dividend yield of 2.4%. Lockheed Martin’s payout ratio is currently 66.83%.

Wall Street Analyst Weigh In

LMT has been the topic of a number of research analyst reports. Bank of America decreased their price target on shares of Lockheed Martin from $660.00 to $600.00 and set a “neutral” rating on the stock in a report on Friday, April 24th. JPMorgan Chase & Co. cut their target price on shares of Lockheed Martin from $680.00 to $605.00 and set a “neutral” rating on the stock in a research note on Tuesday, May 5th. Citigroup upgraded shares of Lockheed Martin from a “neutral” rating to a “buy” rating and lifted their target price for the company from $571.00 to $582.00 in a report on Wednesday, July 1st. Wall Street Zen downgraded Lockheed Martin from a “buy” rating to a “hold” rating in a report on Saturday, April 25th. Finally, Royal Bank Of Canada decreased their target price on Lockheed Martin from $650.00 to $575.00 and set a “sector perform” rating for the company in a research report on Friday, April 24th. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Lockheed Martin currently has an average rating of “Hold” and a consensus target price of $617.83.

Lockheed Martin Price Performance

The stock has a fifty day moving average price of $522.45 and a 200-day moving average price of $573.14. The company has a debt-to-equity ratio of 2.74, a current ratio of 1.14 and a quick ratio of 0.94. The company has a market cap of $132.69 billion, a PE ratio of 27.58, a price-to-earnings-growth ratio of 0.92 and a beta of 0.11.

Lockheed Martin (NYSE:LMT) last released its quarterly earnings results on Thursday, July 23rd. The aerospace company reported $7.94 earnings per share (EPS) for the quarter, topping the consensus estimate of $7.22 by $0.72. The company had revenue of $20.06 billion during the quarter, compared to the consensus estimate of $19.34 billion. Lockheed Martin had a return on equity of 101.64% and a net margin of 6.38%.The firm’s revenue was up 10.5% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.46 EPS. Lockheed Martin has set its FY 2026 guidance at 29.950-30.650 EPS. On average, equities analysts expect that Lockheed Martin Corporation will post 29.92 earnings per share for the current year.

More Lockheed Martin News

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

• Positive Sentiment: Lockheed Martin beat Q2 expectations with earnings of $7.94 per share and revenue of $20.06 billion, topping Wall Street estimates and showing 10.5% year-over-year revenue growth. Why Are Lockheed Martin (LMT) Shares Soaring Today
• Positive Sentiment: The company ended the quarter with a record $230 billion backlog, boosted by major defense awards including a $35 billion THAAD interceptor contract, giving investors confidence in long-term demand. Lockheed Martin Says Record Backlog Will Fuel Sales Growth ‘for Years to Come’
• Positive Sentiment: Lockheed Martin raised its 2026 sales and profit guidance, signaling management sees continued strength from Pentagon restocking and expanded munitions production. Lockheed Martin lifts 2026 forecasts as Pentagon seeks to restock weapons
• Neutral Sentiment: The company also announced a quarterly dividend of $3.45 per share, reinforcing its shareholder-return profile but not the main driver of the move. Lockheed Martin Declares Third Quarter 2026 Dividend

Institutional Trading of Lockheed Martin

Large investors have recently made changes to their positions in the company. Basso Capital Management L.P. bought a new stake in shares of Lockheed Martin during the 4th quarter worth approximately $25,000. United Financial Planning Group LLC acquired a new stake in shares of Lockheed Martin during the 3rd quarter worth approximately $25,000. Clarity Asset Management Inc. acquired a new position in Lockheed Martin during the fourth quarter worth about $26,000. Triumph Capital Management boosted its holdings in shares of Lockheed Martin by 66.7% during the 4th quarter. Triumph Capital Management now owns 55 shares of the aerospace company’s stock valued at $26,000 after acquiring an additional 22 shares in the last quarter. Finally, Bard Associates Inc. bought a new stake in Lockheed Martin during the 4th quarter worth approximately $27,000. Institutional investors own 74.19% of the company’s stock.

Lockheed Martin Company 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.