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Armie Hammer and Elizabeth Chambers Expecting First Child

06/02/2014 at 09:00 AM ET

Armie Hammer Elizabeth Chambers Pregnant Expecting First Child Kevin Winter/Getty

The Lone Ranger is getting some company.

Armie Hammer and Elizabeth Chambers are expecting their first child later this year, his rep confirms to PEOPLE exclusively. The actor and his wife, a journalist and TV host, just celebrated their four-year anniversary on May 22.

“They will be amazing parents,” says a source close to both. “They are such a loving couple that this is the perfect next chapter in their lives.”

Chambers, 31, and Hammer, 27, who will be seen next in Guy Ritchie‘s The Man From U.N.C.L.E. and begins shooting the independent dramatic thriller Mine later this month, also own and run Bird Bakery in San Antonio, Texas.

– Julie Jordan

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PEOPLE.com reserves the right to remove comments at their discretion.

Showing 17 comments

Kimberly on

Congratulations!! Must be something in the Hollywood water, seems like so many are expecting now.

Marcia on

Wow, that is going to be one gorgeous child.

Margaret on

how excellent! he always speaks so sweetly about his wife, they seem to have a great relationship, many congratulations to them!

Just saying on

He is from the family that started Arm & Hammer company. That’s why he’s named that.

guest on

He is not even that famous, why is it a breaking news story?

emma on

This baby is going to be gorgeous, congratulations to the happy couple

Stacey on

He’s so hot. OMG. She looks a lot like that girl from Law and Order. I forget her name.

losa on

He is just 27? I thougth that he is at least 33-34 years old.

Melissa on

@ Just Saying : Actually, you’re wrong. Arm and Hammer was around some 30 years before Armie’s Great Grand Father was even born. Armie’s Great Grand father was named Armand Hammer.

Vanessa on

Arm & Hammer who?

bitsy on

gonna be a very pretty baby! congrats to them.

Niko on

Not very familiar with this actor or his wife, but congrats.

KL on

Holy! That is one good looking couple :) congrats to them

Jennifer on

He was also in the facebook movie The Social Network and played the Winklevoss twins. ;) He is gorgeous! Congrats to them. They will have a beautiful baby! :)

Dee on

I know absolutely nothing about this guy, but I absolutely HATE his name. His parents need to be slapped.

Jenn on

Dee, why dont you look him up? Its a family name. There’s nothing wrong with that.

Lola on

@Dee…we could care less that YOU know nothing about the guy. Apparently you’ve never heard of Google or Wikipedia, either. But with that said, if you can’t say anything nice, why say it at all?His great- grandfather was a successful businessman (Occidental Petroleum), patron of the arts and philanthropist. He made great contributions to society. So before you make someone’s name, why don’t you consider the history and its pedigree?

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