Foster Victor Wealth Advisors 13F: Adds $951K to LMT Stake

Foster Victor Wealth Advisors added to its investment in Lockheed Martin Corporation (NYSE: LMT), picking up 1,735 shares during the period. The disclosure came in a Form 13F filing with the U.S. Securities and Exchange Commission on October 21, 2026.

LMT Lockheed Martin Corporation

$589.91 ▲ +20.83% year to date

1M 3M YTD

Daily close · Oct 22, 2026

What Changed in Foster Victor Wealth Advisors's Lockheed Martin Position

The firm grew its stake by 5.2%, bringing its total holdings to 35,024 shares. The updated position carried a value of $19,201,196 based on the end of the reported period, up from its previous count of 33,289 shares.

Other Institutional Activity in Lockheed Martin

Sanders Capital, LLC grew its holdings by 952,519 shares, ending with 2,093,533 shares worth about $1,234,995,995. Rokos Capital Management held 103,311 shares worth about $52,632,821.

Lockheed Martin Corporation Stock Up 7.6%

Lockheed Martin Corporation shares recently traded around $590.21 on October 23, 2026, sitting up about 7.0% from an event-day close of $551.51 on October 21, 2026. The stock trades above its 50-day moving average of $540.35 by about 9.2% and above its 200-day moving average of $565.41 by about 4.4%. The shares trade below their 52-week high of $692.00 by 14.7% while holding above their 52-week low of $437.25 by 35.0%. Wall Street analysts maintain a consensus buy rating with a mean price target of $618.86, leaving the recent price about 4.6% below that target.

Recent Earnings

Lockheed Martin reported trailing-twelve-month revenue of $77,013,999,616 with a net profit margin of 8.2% and diluted earnings per share of $27.13.

Dividend

The company pays an annual dividend rate of $14.40 per share, yielding 2.61% with a payout ratio of 50.3%.

Insider Buying and Selling at Lockheed Martin Corporation

Company insiders completed several transactions prior to the filing, including officer Gregory M Ulmer selling 2,840 shares for $1,868,947 on February 27, 2026, and officer Timothy S Cahill selling 4,620 shares for $3,000,551 on March 11, 2026. Later, officer Robert M Lightfoot Jr sold 2,606 shares for $1,565,583 on August 12, 2026, and director John M Donovan sold 3,378 shares for $2,022,373 on August 13, 2026.

Analysts Set New Price Targets

Rothschild & Co initiated coverage with a Buy rating and a $650.00 price target on October 6, 2026. TD Cowen maintained a Hold rating and lowered its target from $600.00 to $570.00 on October 9, 2026. Barclays initiated coverage with an Equal-Weight rating and a $554.00 target on October 9, 2026. Bernstein maintained a Market Perform rating and lowered its target from $629.00 to $564.00 on October 14, 2026, while RBC Capital maintained a Sector Perform rating and trimmed its target from $600.00 to $550.00 on October 15, 2026.

About Lockheed Martin Corporation

Headquartered in Bethesda, Maryland, Lockheed Martin Corporation operates as a global aerospace and defense contractor. The enterprise designs, builds, and maintains advanced technology systems across aeronautics, missiles and fire control, rotary and mission systems, and space for governments and commercial customers worldwide.

Bottom Line

Institutional interest in major defense contractors remains active as firms adjust portfolios. Investors will look to upcoming earnings reports and future regulatory filings to track how institutional holders manage their aerospace exposure.