Vestcor Inc Lowers Stock Position in Lockheed Martin Corporation $LMT

Vestcor Inc cut its holdings in shares of Lockheed Martin Corporation (NYSE:LMT) by 14.5% during the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 14,526 shares of the aerospace company’s stock after selling 2,462 shares during the period. Vestcor Inc’s holdings in Lockheed Martin were worth $7,252,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of LMT. Tableaux LLC lifted its holdings in Lockheed Martin by 34,231.4% during the second quarter. Tableaux LLC now owns 623,115 shares of the aerospace company’s stock worth $288,589,000 after buying an additional 621,300 shares during the period. First Trust Advisors LP boosted its position in Lockheed Martin by 286.1% during the 3rd quarter. First Trust Advisors LP now owns 503,428 shares of the aerospace company’s stock valued at $251,316,000 after acquiring an additional 373,027 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of Lockheed Martin by 169.3% in the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 572,272 shares of the aerospace company’s stock valued at $265,030,000 after acquiring an additional 359,748 shares during the period. Vanguard Group Inc. raised its position in shares of Lockheed Martin by 1.0% in the 2nd quarter. Vanguard Group Inc. now owns 21,697,527 shares of the aerospace company’s stock worth $10,048,993,000 after acquiring an additional 214,565 shares in the last quarter. Finally, Holocene Advisors LP bought a new position in shares of Lockheed Martin in the 2nd quarter worth $92,628,000. 74.19% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on LMT shares. JPMorgan Chase & Co. raised their price objective on Lockheed Martin from $515.00 to $680.00 and gave the company a “neutral” rating in a research report on Friday, January 30th. Robert W. Baird boosted their target price on shares of Lockheed Martin from $550.00 to $640.00 and gave the stock an “outperform” rating in a report on Friday, January 16th. Sanford C. Bernstein reissued a “market perform” rating and set a $654.00 price target on shares of Lockheed Martin in a research report on Friday, February 6th. Morgan Stanley set a $675.00 price target on shares of Lockheed Martin in a report on Wednesday, February 4th. Finally, Truist Financial boosted their price objective on shares of Lockheed Martin from $605.00 to $695.00 and gave the stock a “buy” rating in a research note on Friday, January 30th. Six equities research analysts have rated the stock with a Buy rating, fifteen have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Lockheed Martin has a consensus rating of “Hold” and a consensus price target of $618.95.

Key Stories Impacting Lockheed Martin

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

• Positive Sentiment: Sikorsky is rolling out an upgraded S‑92A+ and preparing production as global demand for medium‑lift helicopters picks up — a clear revenue/ backlog positive for Lockheed’s rotary‑wing unit. Lockheed Martin (LMT) Rolls Out Upgraded S-92A+ as Global Demand Picks Up
• Positive Sentiment: Recent F‑35 and missile contracts (and public reports of ramping interceptor/missile production) support stronger top‑line visibility and justify defense multiple expansion. Lockheed Martin, RTX land F-35 contracts, shares clear entries
• Positive Sentiment: Geopolitical tensions (Iran conflict) are driving near‑term defense demand expectations that have lifted LMT sentiment and flows into defense names. Lockheed Martin Stock (LMT) Continues to Surge as War Rages
• Positive Sentiment: At least one shop has lifted LMT’s price target (to $735), signaling bullish analyst conviction on upside from current programs and backlog. Lockheed Martin (NYSE:LMT) Price Target Raised to $735.00
• Neutral Sentiment: Analyst pieces highlight LMT as a strong momentum/dividend name and note heavy investor attention — useful context for flows but not a catalyst by itself. Here’s Why Lockheed Martin (LMT) is a Strong Momentum Stock
• Neutral Sentiment: Coverage in Barron’s and mainstream business outlets is lifting visibility for the sector — supports interest but increases correlation with peers. Lockheed, RTX, Other Defense Stocks Gain. Watch This Trump-Backed Drone Company.
• Negative Sentiment: Coverage noting LMT’s rapid run (up ~43.6% in three months) flags risk: program losses, elevated debt and valuation concerns could prompt profit‑taking or slower multiple expansion for new buyers. LMT Stock Surges 43.6% in 3 Month: Time to Hold or Book Profits?
• Negative Sentiment: Remember the recent quarterly EPS miss and high debt/ program‑loss history cited by analysts — these fundamentals temper how much multiple expansion the market will allow and likely explain today’s modest pullback.

Lockheed Martin Stock Down 1.2%

LMT stock opened at $663.96 on Tuesday. The company has a market capitalization of $152.76 billion, a P/E ratio of 30.90, a price-to-earnings-growth ratio of 1.21 and a beta of 0.22. Lockheed Martin Corporation has a 12 month low of $410.11 and a 12 month high of $692.00. The firm’s fifty day simple moving average is $603.57 and its 200-day simple moving average is $520.19. The company has a debt-to-equity ratio of 3.05, a current ratio of 1.09 and a quick ratio of 0.94.

Lockheed Martin (NYSE:LMT) last posted its earnings results on Thursday, January 29th. The aerospace company reported $5.80 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $6.33 by ($0.53). Lockheed Martin had a net margin of 6.69% and a return on equity of 108.53%. The business had revenue of $20.32 billion for the quarter, compared to analyst estimates of $19.84 billion. During the same quarter in the prior year, the firm earned $7.67 earnings per share. The company’s revenue for the quarter was up 9.1% on a year-over-year basis. As a group, equities research analysts forecast that Lockheed Martin Corporation will post 27.15 earnings per share for the current year.

Lockheed Martin Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 27th. Shareholders of record on Monday, March 2nd will be paid a dividend of $3.45 per share. The ex-dividend date is Monday, March 2nd. This represents a $13.80 dividend on an annualized basis and a dividend yield of 2.1%. Lockheed Martin’s dividend payout ratio (DPR) is presently 64.22%.

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.