Granite Group Advisors LLC Takes Position in Lockheed Martin Corporation $LMT

Granite Group Advisors LLC acquired a new position in shares of Lockheed Martin Corporation (NYSE:LMT) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 3,188 shares of the aerospace company’s stock, valued at approximately $1,591,000. Lockheed Martin makes up approximately 1.0% of Granite Group Advisors LLC’s holdings, making the stock its 22nd biggest position.

A number of other large investors have also recently made changes to their positions in the company. Old North State Wealth Management LLC grew its holdings in Lockheed Martin by 2.0% during the 3rd quarter. Old North State Wealth Management LLC now owns 1,073 shares of the aerospace company’s stock worth $539,000 after acquiring an additional 21 shares in the last quarter. Investment Advisory Services Inc. TX ADV grew its stake in shares of Lockheed Martin by 4.7% during the second quarter. Investment Advisory Services Inc. TX ADV now owns 486 shares of the aerospace company’s stock worth $225,000 after purchasing an additional 22 shares in the last quarter. Broadway Wealth Solutions Inc. increased its holdings in Lockheed Martin by 4.5% in the second quarter. Broadway Wealth Solutions Inc. now owns 511 shares of the aerospace company’s stock valued at $237,000 after buying an additional 22 shares during the last quarter. Davis Investment Partners LLC raised its stake in Lockheed Martin by 2.0% in the second quarter. Davis Investment Partners LLC now owns 1,168 shares of the aerospace company’s stock valued at $544,000 after buying an additional 23 shares in the last quarter. Finally, Aaron Wealth Advisors LLC lifted its holdings in Lockheed Martin by 1.1% during the 2nd quarter. Aaron Wealth Advisors LLC now owns 2,125 shares of the aerospace company’s stock worth $984,000 after buying an additional 23 shares during the last quarter. 74.19% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

LMT has been the subject of several analyst reports. The Goldman Sachs Group upped their price objective on Lockheed Martin from $398.00 to $425.00 and gave the stock a “sell” rating in a research report on Friday, October 10th. Wall Street Zen downgraded Lockheed Martin from a “strong-buy” rating to a “buy” rating in a report on Saturday, December 13th. Sanford C. Bernstein raised their price objective on shares of Lockheed Martin from $497.00 to $545.00 and gave the stock a “market perform” rating in a report on Monday, October 20th. Weiss Ratings restated a “hold (c)” rating on shares of Lockheed Martin in a research report on Wednesday, October 8th. Finally, Royal Bank Of Canada upped their target price on shares of Lockheed Martin from $440.00 to $525.00 and gave the company a “sector perform” rating in a report on Tuesday, October 7th. Two equities research analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating, seventeen have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $506.18.

Lockheed Martin Price Performance

LMT stock opened at $518.63 on Friday. 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 market capitalization of $120.01 billion, a P/E ratio of 28.96, a PEG ratio of 1.41 and a beta of 0.24. The business has a 50 day simple moving average of $472.81 and a 200-day simple moving average of $467.52. Lockheed Martin Corporation has a twelve month low of $410.11 and a twelve month high of $542.87.

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

Key Headlines Impacting Lockheed Martin

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

• Positive Sentiment: Market rally from Trump’s $1.5T defense-budget proposal, which investors expect will boost future Pentagon contracting and revenue for prime contractors like Lockheed. LMT stock: Lockheed Martin benefits from Trump’s eye-popping budget, ‘dream military’ comments
• Positive Sentiment: Fundamental production strength: Lockheed reported a record 191 F‑35 deliveries in 2025 and is tied to Pentagon plans to ramp Patriot/PAC‑3 production — supports near‑term revenue and backlog. Lockheed says 2025 F-35 deliveries hit 191 as demand lifts production pace
• Positive Sentiment: Analyst estimate activity (Zacks) shows small upward tweaks to several near‑term EPS forecasts, offering incremental fundamental support. MarketBeat LMT profile (Zacks notes)
• Neutral Sentiment: Macro/sector caution: some analysts warn defense stocks look expensive after recent rallies — valuation could limit further upside absent confirmed budget increases. Defense Stocks Look Ultra Expensive in 2026
• Neutral Sentiment: High intraday volatility as markets price both the spending upside and the policy risk from administration statements — expect whipsaw trading on headlines. LMT Stock Whipsaws After Trump Bans Buybacks, Then Calls For $1.5 Trillion Military Budget
• Negative Sentiment: Political risk to shareholder returns: Trump’s statements and an executive order blocking dividends/buybacks until production improves directly threaten a key part of Lockheed’s capital return policy. Trump says he won’t permit dividends, buybacks for defense companies till they fix equipment production
• Negative Sentiment: Short-term hit to the stock already occurred when markets priced in potential bans on dividends/buybacks (shares fell before rebounding with the budget headline). That political overhang could limit multiple expansion. Lockheed Martin (LMT) Stock Falls 5% on Trump Defense Policy Changes

Insider Buying and Selling at Lockheed Martin

In related news, COO John Frank A. St sold 7,792 shares of the firm’s stock in a transaction dated Thursday, October 23rd. The stock was 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 $491.04. This trade represents a 99.99% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Company insiders own 0.14% of the company’s stock.

Lockheed Martin 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.