Vertrix Wealth Management LLC Acquires Shares of 8,147 Lockheed Martin Corporation $LMT

Vertrix Wealth Management LLC acquired a new position in shares of Lockheed Martin Corporation (NYSE:LMT) during the first quarter, HoldingsChannel.com reports. The fund acquired 8,147 shares of the aerospace company’s stock, valued at approximately $4,924,000. Lockheed Martin accounts for approximately 1.8% of Vertrix Wealth Management LLC’s holdings, making the stock its 21st largest position.

Several other institutional investors and hedge funds also recently modified their holdings of LMT. Basso Capital Management L.P. purchased a new stake in shares of Lockheed Martin during the 4th quarter valued at about $25,000. United Financial Planning Group LLC acquired a new position in Lockheed Martin during the 3rd quarter worth approximately $25,000. Clarity Asset Management Inc. purchased a new position in Lockheed Martin in the 4th quarter worth approximately $26,000. Triumph Capital Management boosted its holdings in Lockheed Martin by 66.7% in the 4th quarter. Triumph Capital Management now owns 55 shares of the aerospace company’s stock worth $26,000 after acquiring an additional 22 shares during the period. Finally, Bard Associates Inc. acquired a new stake in Lockheed Martin in the fourth quarter valued at approximately $27,000. Hedge funds and other institutional investors own 74.19% of the company’s stock.

Lockheed Martin Stock Up 2.4%

Shares of NYSE:LMT opened at $521.47 on Thursday. Lockheed Martin Corporation has a 12-month low of $410.11 and a 12-month high of $692.00. The company has a current ratio of 1.14, a quick ratio of 0.94 and a debt-to-equity ratio of 2.74. The firm has a market cap of $120.23 billion, a PE ratio of 25.25, a price-to-earnings-growth ratio of 0.92 and a beta of 0.11. The company has a fifty day simple moving average of $521.25 and a 200 day simple moving average of $568.34.

Lockheed Martin (NYSE:LMT) last released its earnings results on Thursday, April 23rd. The aerospace company reported $6.44 earnings per share for the quarter, missing the consensus estimate of $6.79 by ($0.35). Lockheed Martin had a return on equity of 101.64% and a net margin of 6.38%.The company had revenue of $18.02 billion during the quarter, compared to the consensus estimate of $18.38 billion. During the same period in the previous year, the firm posted $7.28 EPS. Lockheed Martin’s revenue for the quarter was up .3% on a year-over-year basis. Lockheed Martin has set its FY 2026 guidance at 29.350-30.250 EPS. On average, equities research analysts anticipate that Lockheed Martin Corporation will post 29.88 EPS for the current fiscal year.

Lockheed Martin Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Monday, June 1st were paid a dividend of $3.45 per share. The ex-dividend date was Monday, June 1st. This represents a $13.80 annualized dividend and a yield of 2.6%. Lockheed Martin’s dividend payout ratio is presently 66.83%.

Wall Street Analyst Weigh In

LMT has been the topic of a number of analyst reports. Wall Street Zen lowered shares of Lockheed Martin from a “buy” rating to a “hold” rating in a research note on Saturday, April 25th. Royal Bank Of Canada decreased their target price on shares of Lockheed Martin from $650.00 to $575.00 and set a “sector perform” rating for the company in a research note on Friday, April 24th. Jefferies Financial Group set a $575.00 price target on shares of Lockheed Martin in a research note on Thursday, June 25th. DZ Bank upgraded shares of Lockheed Martin from a “hold” rating to a “strong-buy” rating in a report on Thursday, April 30th. Finally, JPMorgan Chase & Co. cut their price objective on shares of Lockheed Martin from $680.00 to $605.00 and set a “neutral” rating on the stock in a report on Tuesday, May 5th. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $613.63.

More Lockheed Martin News

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

• Positive Sentiment: Lockheed Martin won roughly $38 billion in new defense work, including a $35.5 billion THAAD-related contract and a $2.9 billion radar deal, which should bolster long-term revenue visibility. Lockheed Martin (LMT) Secures $38B in Defense Contracts as Citi Raises Rating
• Positive Sentiment: Lockheed also secured a $3 billion U.S. Army radar production contract, adding to near-term order momentum. Good News For Lockheed Martin Stock Fans
• Positive Sentiment: Citi reportedly raised its rating on Lockheed Martin to Buy with a $582 price target, signaling renewed analyst confidence after the stock’s recent pullback. Lockheed Martin (LMT) Secures $38B in Defense Contracts as Citi Raises Rating
• Positive Sentiment: One article argued that Lockheed’s dividend case is getting stronger, which may appeal to income-focused investors. Lockheed Martin (NYSE:LMT) Dividend Case Gets Stronger
• Neutral Sentiment: Lockheed announced it will webcast its second-quarter 2026 earnings call on July 23, keeping investors focused on upcoming results rather than providing new financial guidance yet. Lockheed Martin Announces Second Quarter 2026 Earnings Results Webcast
• Neutral Sentiment: UBS cut its price target on Lockheed Martin to $538 from $683, which is a cautionary signal, but the new target still implies some upside from recent levels. UBS Cuts Price Target on Lockheed Martin to $538 from $683
• Negative Sentiment: Lockheed’s prior quarter showed an earnings miss and softer revenue versus expectations, which may continue to weigh on valuation despite the recent contract wins. Lockheed Martin Stock Up 2.4%

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.