Van Hulzen Asset Management LLC Cuts Stake in Lockheed Martin Corporation $LMT

Van Hulzen Asset Management LLC decreased its position in Lockheed Martin Corporation (NYSE:LMT) by 50.8% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,013 shares of the aerospace company’s stock after selling 1,045 shares during the period. Van Hulzen Asset Management LLC’s holdings in Lockheed Martin were worth $516,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. IAG Wealth Partners LLC increased its position in Lockheed Martin by 4,800.0% during the 1st quarter. IAG Wealth Partners LLC now owns 49 shares of the aerospace company’s stock worth $30,000 after purchasing an additional 48 shares during the period. Burnham & Co LLC purchased a new stake in shares of Lockheed Martin in the second quarter valued at approximately $25,000. United Financial Planning Group LLC acquired a new position in Lockheed Martin during the third quarter worth $25,000. Basso Capital Management L.P. purchased a new position in Lockheed Martin in the fourth quarter worth $25,000. Finally, Field & Main Bank purchased a new position in Lockheed Martin in the second quarter worth $26,000. 74.19% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities research analysts have commented on LMT shares. Citigroup boosted their target price on shares of Lockheed Martin from $641.00 to $691.00 and gave the stock a “buy” rating in a research report on Thursday, August 13th. Royal Bank Of Canada raised their price objective on shares of 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 raised shares of Lockheed Martin from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, August 13th. Morgan Stanley upped their target price on shares of Lockheed Martin from $653.00 to $690.00 and gave the stock an “equal weight” rating in a research report on Friday, July 24th. Finally, Robert W. Baird set a $700.00 price target on shares of Lockheed Martin in a research report on Friday, July 24th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $637.56.

Lockheed Martin Trading Up 1.1%

Lockheed Martin stock opened at $530.10 on Friday. The stock has a 50-day moving average price of $556.35 and a 200 day moving average price of $566.15. Lockheed Martin Corporation has a 52 week low of $437.25 and a 52 week high of $692.00. The stock has a market cap of $122.34 billion, a PE ratio of 19.54, a P/E/G ratio of 1.14 and a beta of 0.10. The company has a current ratio of 1.19, a quick ratio of 1.01 and a debt-to-equity ratio of 2.34.

Lockheed Martin (NYSE:LMT) last released its earnings results on Thursday, July 23rd. The aerospace company reported $7.94 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $7.22 by $0.72. Lockheed Martin had a net margin of 8.16% and a return on equity of 91.42%. The company had revenue of $20.06 billion for the quarter, compared to analyst estimates of $19.34 billion. During the same period in the prior year, the firm earned $1.46 EPS. The firm’s quarterly revenue was up 10.5% on a year-over-year basis. Lockheed Martin has set its FY 2026 guidance at 29.950-30.650 EPS. Equities research analysts predict that Lockheed Martin Corporation will post 30.39 earnings per share for the current fiscal year.

Lockheed Martin Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 25th. Investors of record on Tuesday, September 1st will be paid a dividend of $3.45 per share. The ex-dividend date of this dividend is Tuesday, September 1st. This represents a $13.80 annualized dividend and a dividend yield of 2.6%. Lockheed Martin’s dividend payout ratio is presently 50.87%.

Key Lockheed Martin News

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

• Positive Sentiment: UBS upgraded Lockheed Martin, citing a structural increase in defense demand. The shift toward rebuilding missile inventories and expanding military capabilities could support multi-year revenue growth. UBS sees a structural shift building at Lockheed Martin
• Positive Sentiment: European support for Ukraine’s purchase of Patriot air-defense systems could benefit Lockheed Martin. Continued replenishment of Western missile stockpiles may increase demand for the company’s missile and air-defense products. Lockheed Poised to Benefit as EU Approves Ukraine’s Purchase of Patriot Missiles
• Positive Sentiment: Lockheed Martin and IBM announced a Swiss quantum-computing innovation hub. The project, connected to Switzerland’s F-35 procurement offset obligations, gives Lockheed access to research in autonomous navigation, quantum sensing and advanced materials. The initiative is strategically positive, although financial benefits are likely long term. IBM, Lockheed Martin Announce Swiss Quantum Innovation Hub
• Neutral Sentiment: Management is scheduled to speak at Morgan Stanley’s Laguna Conference. Investors may look for updates on defense demand, production execution, capital allocation and full-year guidance, but the event itself does not change fundamentals. Lockheed Martin executives to speak at Morgan Stanley conference
• Neutral Sentiment: Value-focused commentary highlights LMT’s approximately 2.6% dividend yield and roughly 17.6 forward earnings multiple. The valuation may appeal to long-term investors, while the defense industry’s transition toward newer technologies could require changes to Lockheed’s traditional business model. Lockheed Martin valuation and industry outlook
• Negative Sentiment: Investors remain concerned about fixed-price contracts and political scrutiny. Cost overruns or contract pressure could squeeze margins, particularly while Lockheed is adapting to changing defense procurement priorities.

Lockheed Martin Company Profile

Lockheed Martin Corporation is a global aerospace, defense and technology company that develops and produces systems for government and commercial customers, with the U.S. Department of Defense serving as its largest customer. Its principal business areas include Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space.

The company’s products and services include military aircraft such as the F-35 Lightning II, F-16 and C-130; air and missile defense systems; precision weapons; helicopters and maritime systems; radar, sensors and command-and-control technologies; satellites; space exploration systems; and missile-warning and strategic defense capabilities.

Lockheed Martin was created in 1995 through the merger of Lockheed Corporation and Martin Marietta.