Dumont & Blake Investment Advisors LLC Purchases 1,184 Shares of Lockheed Martin Corporation $LMT

Dumont & Blake Investment Advisors LLC increased its position in Lockheed Martin Corporation (NYSE:LMT) by 208.5% during the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,752 shares of the aerospace company’s stock after buying an additional 1,184 shares during the period. Dumont & Blake Investment Advisors LLC’s holdings in Lockheed Martin were worth $1,059,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Welch Group LLC raised its stake in shares of Lockheed Martin by 1.5% in the 4th quarter. Welch Group LLC now owns 132,684 shares of the aerospace company’s stock valued at $64,175,000 after acquiring an additional 1,999 shares in the last quarter. Jain Global LLC acquired a new stake in shares of Lockheed Martin in the third quarter worth $38,064,000. World Investment Advisors boosted its holdings in shares of Lockheed Martin by 54.7% during the 4th quarter. World Investment Advisors now owns 14,739 shares of the aerospace company’s stock worth $7,129,000 after buying an additional 5,214 shares during the period. SG Americas Securities LLC grew its stake in Lockheed Martin by 5.4% in the 1st quarter. SG Americas Securities LLC now owns 276,383 shares of the aerospace company’s stock valued at $167,043,000 after buying an additional 14,150 shares during the last quarter. Finally, Clough Capital Partners L P bought a new position in Lockheed Martin in the 3rd quarter worth $31,018,000. Institutional investors own 74.19% of the company’s stock.

Analyst Ratings Changes

Several analysts have weighed in on LMT shares. Susquehanna decreased their price objective on shares of Lockheed Martin from $740.00 to $700.00 and set a “positive” rating on the stock in a research note on Friday, April 24th. DZ Bank upgraded shares of Lockheed Martin from a “hold” rating to a “strong-buy” rating in a research report on Thursday, April 30th. Royal Bank Of Canada lowered their target price on 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. Sanford C. Bernstein reiterated a “market perform” rating on shares of Lockheed Martin in a report on Friday, May 29th. Finally, UBS Group dropped their price objective on Lockheed Martin from $683.00 to $538.00 in a report on Tuesday, June 30th. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus 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 and Germany’s Rheinmetall signed a memorandum of understanding to jointly produce ATACMS missiles in Germany, expanding the company’s European footprint and signaling potential new international demand for its missile systems. Reuters article
• Positive Sentiment: Lockheed Martin also announced progress with NATO allies on PAC-3 missile sustainment in Europe, including exploration of a dedicated maintenance facility, which could support recurring revenue and deepen its role in European air defense. Yahoo Finance article
• Positive Sentiment: The company agreed to acquire Ultra Maritime for $3.45 billion, a deal that expands Lockheed Martin’s undersea warfare, anti-submarine warfare, sonar, and naval defense capabilities, potentially strengthening its long-term growth profile in maritime systems. Reuters article
• Positive Sentiment: Multiple reports tied Lockheed Martin to broader NATO defense spending announcements in Ankara, reinforcing the view that higher European defense budgets could support future orders and contracts for the company. Reuters article
• Neutral Sentiment: Separate coverage noted that President Trump wants Sikorsky, Lockheed Martin’s helicopter unit, to fund a new White House helipad, but this appears more like a headline-grabbing policy and public-relations issue than a material earnings driver. Benzinga article
• Negative Sentiment: Some market commentary suggested investors are still cautious after the Ultra Maritime deal, implying concerns about acquisition costs, integration risk, and whether the transaction will quickly boost earnings. Benzinga article

Lockheed Martin Trading Down 1.5%

NYSE:LMT opened at $537.62 on Tuesday. The company has a quick ratio of 0.94, a current ratio of 1.14 and a debt-to-equity ratio of 2.74. Lockheed Martin Corporation has a twelve month low of $410.11 and a twelve month high of $692.00. The business has a 50 day moving average price of $520.46 and a two-hundred day moving average price of $569.22. The company has a market cap of $123.95 billion, a P/E ratio of 26.03, a price-to-earnings-growth ratio of 0.99 and a beta of 0.11.

Lockheed Martin (NYSE:LMT) last announced its quarterly earnings data 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 net margin of 6.38% and a return on equity of 101.64%. The company had revenue of $18.02 billion during the quarter, compared to the consensus estimate of $18.38 billion. During the same quarter in the previous year, the business earned $7.28 EPS. Lockheed Martin’s revenue was up .3% on a year-over-year basis. Lockheed Martin has set its FY 2026 guidance at 29.350-30.250 EPS. As a group, analysts expect that Lockheed Martin Corporation will post 29.88 EPS for the current fiscal year.

Lockheed Martin Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Monday, June 1st were given a $3.45 dividend. This represents a $13.80 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date of this dividend was Monday, June 1st. Lockheed Martin’s dividend payout ratio (DPR) is presently 66.83%.

Lockheed Martin 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.