5 Best Industrial Dividend Stocks To Buy Now

2. Lockheed Martin Corporation (NYSE:LMT)

Number of Hedge Fund Holders: 55  

Dividend Yield as of October 13: 3.02%  

Lockheed Martin Corporation (NYSE:LMT) is a security and aerospace company that engages in the research, design, development, manufacture, integration, and sustainment of defense technology systems worldwide. It is one of the major industrial stocks to invest in. Lockheed Martin Corporation (NYSE:LMT) recently announced that it had been awarded an estimated combined ceiling of $5.1 billion for fixed-price modifications. These modifications exercise options for the production and delivery of sonobuoy capability categories including active/passive combo, multi-static receiver, and testing expenditures. 

On October 6, Jefferies analyst Sheila Kahyaoglu kept a Hold rating on Lockheed Martin Corporation (NYSE:LMT) stock and lowered the price target to $450 from $470. 

At the end of the second quarter of 2022, 55 hedge funds in the database of Insider Monkey held stakes worth $2.6 billion in Centene Corporation (NYSE: CNC), compared to 56 in the previous quarter worth $2.4 billion.