Lockheed Martin Corporation $LMT Holdings Raised by Foster Victor Wealth Advisors LLC

Foster Victor Wealth Advisors LLC lifted its position in shares of Lockheed Martin Corporation (NYSE:LMT) by 10.3% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 30,055 shares of the aerospace company’s stock after acquiring an additional 2,800 shares during the period. Foster Victor Wealth Advisors LLC’s holdings in Lockheed Martin were worth $15,162,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its stake in Lockheed Martin by 1.0% during the second quarter. Vanguard Group Inc. now owns 21,697,527 shares of the aerospace company’s stock valued at $10,048,993,000 after purchasing an additional 214,565 shares during the last quarter. Geode Capital Management LLC boosted its holdings in shares of Lockheed Martin by 0.4% in the 2nd quarter. Geode Capital Management LLC now owns 4,884,954 shares of the aerospace company’s stock valued at $2,256,147,000 after buying an additional 19,459 shares during the period. Royal Bank of Canada grew its position in shares of Lockheed Martin by 1.4% during the 1st quarter. Royal Bank of Canada now owns 2,287,495 shares of the aerospace company’s stock valued at $1,021,846,000 after buying an additional 31,443 shares during the last quarter. Legal & General Group Plc grew its position in shares of Lockheed Martin by 0.6% during the 2nd quarter. Legal & General Group Plc now owns 959,510 shares of the aerospace company’s stock valued at $444,387,000 after buying an additional 6,073 shares during the last quarter. Finally, AQR Capital Management LLC raised its stake in Lockheed Martin by 6.9% during the second quarter. AQR Capital Management LLC now owns 863,839 shares of the aerospace company’s stock worth $400,079,000 after acquiring an additional 55,607 shares during the period. Institutional investors and hedge funds own 74.19% of the company’s stock.

Insider Transactions at Lockheed Martin

In other Lockheed Martin news, COO John Frank A. St sold 7,792 shares of the firm’s stock in a transaction dated Thursday, October 23rd. The shares were sold at an average price of $491.04, for a total transaction of $3,826,183.68. Following the transaction, the chief operating officer owned 1 shares of the company’s stock, valued at approximately $491.04. This trade represents a 99.99% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.14% of the stock is owned by corporate insiders.

Lockheed Martin Stock Up 0.8%

LMT opened at $473.70 on Friday. Lockheed Martin Corporation has a 12 month low of $410.11 and a 12 month high of $516.00. The company has a debt-to-equity ratio of 3.32, a current ratio of 1.13 and a quick ratio of 0.97. The stock has a market cap of $109.61 billion, a P/E ratio of 26.45, a P/E/G ratio of 1.43 and a beta of 0.24. The stock’s 50 day moving average price is $472.58 and its 200 day moving average price is $465.58.

Lockheed Martin (NYSE:LMT) last announced its quarterly earnings results on Tuesday, October 21st. The aerospace company reported $6.95 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $6.33 by $0.62. Lockheed Martin had a return on equity of 111.84% and a net margin of 5.73%.The company had revenue of $18.61 billion during the quarter, compared to analyst estimates of $18.45 billion. During the same quarter in the previous year, the firm posted $6.84 EPS. The firm’s quarterly revenue was up 8.8% on a year-over-year basis. Lockheed Martin has set its FY 2025 guidance at 22.150-22.350 EPS. As a group, research analysts predict that Lockheed Martin Corporation will post 27.15 earnings per share for the current year.

Lockheed Martin Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 30th. Investors of record on Monday, December 1st will be given a $3.45 dividend. The ex-dividend date is Monday, December 1st. This represents a $13.80 dividend on an annualized basis and a yield of 2.9%. This is a boost from Lockheed Martin’s previous quarterly dividend of $3.30. Lockheed Martin’s payout ratio is currently 77.05%.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on LMT shares. Susquehanna lifted their target price on Lockheed Martin from $490.00 to $590.00 and gave the company a “positive” rating in a research note on Thursday, October 9th. Alembic Global Advisors raised Lockheed Martin from a “neutral” rating to an “overweight” rating in a report on Thursday, August 28th. JPMorgan Chase & Co. restated a “neutral” rating and set a $515.00 price objective (up previously from $465.00) on shares of Lockheed Martin in a research report on Friday. The Goldman Sachs Group increased their target price on Lockheed Martin from $398.00 to $425.00 and gave the stock a “sell” rating in a research report on Friday, October 10th. Finally, Citigroup assumed coverage on Lockheed Martin in a research note on Thursday, December 11th. They issued a “neutral” rating and a $505.00 target price on the stock. Two research analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating, eighteen have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $506.67.

Key Lockheed Martin News

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

• Positive Sentiment: Lockheed won a Space Development Agency contract for 18 missile‑tracking satellites (Tranche 3 Tracking Layer) with potential value >$1B — adds near‑term funded backlog, strengthens Lockheed’s space/missile‑defense revenue visibility. Lockheed Martin secures Tracking Layer contract from Space Development Agency
• Positive Sentiment: Skunk Works integrated XTEND’s OS into its MDCX autonomy platform to expand joint all‑domain C2 for multi‑class drones — a technology/competitive win that could support future program awards. Skunk Works® and XTEND Expand Joint All Domain Command and Control for Advanced Mission Execution
• Positive Sentiment: Rune Technologies joined Lockheed’s team on a $30M Army prototype for Next Generation Command & Control (NGC2), bolstering Lockheed’s position on a data‑centric Army effort. Rune Technologies Joins Lockheed Martin Team for Army’s Next Generation Command and Control Initiative
• Neutral Sentiment: Lockheed executed pension buy‑out conversions, transferring pension obligations to insurers — this reduces long‑term liabilities and volatility, though accounting and cash impacts are largely one‑time. Lockheed Martin Transfers Pension Obligations to Insurers
• Negative Sentiment: JPMorgan downgraded LMT to Neutral (from Overweight) — the move weighs on sentiment despite a higher $515 price target, signaling reduced conviction in near‑term upside. Lockheed Martin downgraded to neutral from overweight at JPMorgan
• Negative Sentiment: Morgan Stanley downgraded LMT to Hold — another analyst cut that can add selling pressure and reduce near‑term momentum. Lockheed Martin (LMT) was downgraded to a Hold Rating at Morgan Stanley
• Negative Sentiment: Zacks trimmed several near‑term EPS estimates (Q4/Q1 and FY revisions), and a Zacks‑driven Q1 EPS reduction was reported — small downward revisions that can temper consensus growth expectations. Lockheed Martin Q1 EPS Estimate Reduced by Zacks Research
• Negative Sentiment: Technical/flow pressure noted in market commentary and an Options Corner video highlights LMT lagging after analyst downgrades — indicative of increased short‑term selling interest. Options Corner: LMT Lags After Downgrade

Lockheed Martin Company 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.