Stenger Family Office LLC Sells 4,207 Shares of Lockheed Martin Corporation $LMT

Stenger Family Office LLC decreased its position in shares of Lockheed Martin Corporation (NYSE:LMT) by 89.7% during the third quarter, HoldingsChannel reports. The institutional investor owned 482 shares of the aerospace company’s stock after selling 4,207 shares during the period. Stenger Family Office LLC’s holdings in Lockheed Martin were worth $235,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Carnegie Investment Counsel lifted its position in shares of Lockheed Martin by 11.4% during the 3rd quarter. Carnegie Investment Counsel now owns 29,639 shares of the aerospace company’s stock valued at $14,796,000 after buying an additional 3,031 shares in the last quarter. VCI Wealth Management LLC bought a new stake in Lockheed Martin during the 3rd quarter worth approximately $3,075,000. DAVENPORT & Co LLC lifted its holdings in Lockheed Martin by 22.4% during the third quarter. DAVENPORT & Co LLC now owns 25,423 shares of the aerospace company’s stock valued at $12,688,000 after purchasing an additional 4,652 shares in the last quarter. Farther Finance Advisors LLC boosted its position in shares of Lockheed Martin by 29.2% in the third quarter. Farther Finance Advisors LLC now owns 10,036 shares of the aerospace company’s stock worth $5,010,000 after purchasing an additional 2,270 shares during the period. Finally, Laffer Tengler Investments Inc. increased its stake in shares of Lockheed Martin by 482.6% in the second quarter. Laffer Tengler Investments Inc. now owns 6,979 shares of the aerospace company’s stock worth $3,232,000 after purchasing an additional 5,781 shares in the last quarter. 74.19% of the stock is currently owned by hedge funds and other institutional investors.

Lockheed Martin Stock Up 0.6%

Shares of NYSE:LMT opened at $581.62 on Friday. The company has a market cap of $134.59 billion, a price-to-earnings ratio of 32.47, a PEG ratio of 1.66 and a beta of 0.24. Lockheed Martin Corporation has a 12 month low of $410.11 and a 12 month high of $582.93. The company has a current ratio of 1.13, a quick ratio of 0.97 and a debt-to-equity ratio of 3.32. The company has a 50-day moving average price of $483.17 and a 200 day moving average price of $471.81.

Lockheed Martin (NYSE:LMT) last issued its quarterly earnings data on Tuesday, October 21st. The aerospace company reported $6.95 earnings per share for the quarter, topping the consensus estimate 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 for the quarter, compared to analysts’ expectations of $18.45 billion. During the same period in the previous year, the firm posted $6.84 earnings per share. The firm’s revenue for the quarter 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, equities research analysts predict that Lockheed Martin Corporation will post 27.15 earnings per share for the current year.

Key Lockheed Martin News

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

• Positive Sentiment: Analyst price-target lift — TD Cowen raised its price target to $600 (maintained a Hold), signaling incremental analyst conviction and giving investors a higher reference for upside. TD Cowen Adjusts Price Target on Lockheed Martin
• Positive Sentiment: Defense-sector bullish narrative — MarketBeat’s “2026 Survival Kit” highlights Lockheed as a core defense holding tied to a large proposed FY2027 defense budget and recent contract wins (e.g., PAC-3 MSE missile awards). That narrative supports demand for LMT as a defensive, revenue-stable name. The 2026 Survival Kit: Gold, Defense, and Trash
• Positive Sentiment: Momentum/technical interest — Retail/quant outlets flagged a rise in LMT’s relative strength (RS) rating, which can attract momentum and ETF flows. Lockheed Martin Stock Sees RS Rating Rocket Higher
• Neutral Sentiment: Mixed Zacks estimate revisions — Zacks issued several updates: it lowered near-term quarterly EPS for some early quarters (Q1 2026 and Q1 2027) while raising other quarterly or full-year forecasts (FY2026, some Q4/Q4 2026 estimates). The net effect is mixed — slightly cautionary for short-term guidance but not a consensus downward revision for full-year earnings. Zacks Research LMT Estimate Updates
• Neutral Sentiment: Longer-term tech/ops focus — The WSJ piece on Lockheed’s CIO highlights AI and centralization of tech strategy; this supports longer-term efficiency and modernization but is unlikely to move near-term earnings materially. Lockheed Martin CIO Says AI Is Remaking Her Role
• Positive Sentiment: Project-specific bullishness — Commentary (Seeking Alpha) arguing that strategic programs like the “Golden Dome” are now critical may drive investor focus on backlog and program optionality, supporting the bullish case for sustained defense revenues. Lockheed Martin: Why The Golden Dome Project Is Now Critical For The Stock
• Negative Sentiment: Technical/short-term risk — Benzinga’s technical note flags LMT as overbought and approaching resistance, suggesting a momentum-driven pullback is possible even as fundamentals remain strong. Traders may take profits near recent highs. Is This The Top For Lockheed Martin?

Insiders Place Their Bets

In related news, COO John Frank A. St sold 7,792 shares of the firm’s stock in a transaction on Thursday, October 23rd. The stock was sold at an average price of $491.04, for a total value of $3,826,183.68. Following the completion of the sale, the chief operating officer directly owned 1 shares in the company, valued at $491.04. This trade represents a 99.99% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 0.14% of the company’s stock.

Analysts Set New Price Targets

Several research analysts recently weighed in on LMT shares. BNP Paribas Exane upped their target price on shares of Lockheed Martin from $550.00 to $570.00 and gave the stock an “outperform” rating in a report on Thursday, January 8th. Susquehanna restated a “positive” rating and issued a $660.00 price objective on shares of Lockheed Martin in a research report on Thursday. BNP Paribas upgraded Lockheed Martin to a “strong-buy” rating in a research report on Tuesday, November 18th. Jefferies Financial Group lifted their target price on Lockheed Martin from $500.00 to $540.00 and gave the company a “hold” rating in a research note on Monday, January 12th. Finally, Truist Financial set a $605.00 price target on Lockheed Martin and gave the stock a “buy” rating in a research note on Friday, January 9th. Two equities research analysts have rated the stock with a Strong Buy rating, five have given a Buy rating, sixteen have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Lockheed Martin presently has a consensus rating of “Hold” and a consensus price target of $543.82.

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.