Private Wealth Asset Management LLC Lowers Stock Holdings in Lockheed Martin Corporation $LMT

Private Wealth Asset Management LLC lowered its stake in shares of Lockheed Martin Corporation (NYSE:LMT) by 58.5% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,727 shares of the aerospace company’s stock after selling 3,837 shares during the quarter. Private Wealth Asset Management LLC’s holdings in Lockheed Martin were worth $1,361,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. Carnegie Investment Counsel grew its position in shares of Lockheed Martin by 11.4% in 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 during the last quarter. VCI Wealth Management LLC acquired a new stake in shares of Lockheed Martin during the third quarter worth $3,075,000. DAVENPORT & Co LLC lifted its stake in shares of Lockheed Martin by 22.4% in the 3rd quarter. DAVENPORT & Co LLC now owns 25,423 shares of the aerospace company’s stock worth $12,688,000 after acquiring an additional 4,652 shares during the period. Farther Finance Advisors LLC lifted its position in Lockheed Martin by 29.2% in the third quarter. Farther Finance Advisors LLC now owns 10,036 shares of the aerospace company’s stock valued at $5,010,000 after purchasing an additional 2,270 shares during the period. Finally, Laffer Tengler Investments Inc. boosted 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 valued at $3,232,000 after buying an additional 5,781 shares in the last quarter. Institutional investors and hedge funds own 74.19% of the company’s stock.

Lockheed Martin Stock Performance

Shares of LMT stock opened at $597.63 on Thursday. Lockheed Martin Corporation has a 12-month low of $410.11 and a 12-month high of $599.32. The business has a 50 day simple moving average of $503.11 and a 200 day simple moving average of $478.69. 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 firm has a market capitalization of $138.29 billion, a price-to-earnings ratio of 33.37, a price-to-earnings-growth ratio of 1.70 and a beta of 0.24.

Lockheed Martin (NYSE:LMT) last posted its quarterly earnings data on Thursday, January 29th. The aerospace company reported $5.80 EPS for the quarter, missing analysts’ consensus estimates of $6.33 by ($0.53). The firm had revenue of $20.32 billion during the quarter, compared to the consensus estimate of $19.84 billion. Lockheed Martin had a return on equity of 111.84% and a net margin of 5.73%. On average, equities research analysts anticipate that Lockheed Martin Corporation will post 27.15 EPS for the current year.

Key Lockheed Martin News

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

• Positive Sentiment: U.S. framework agreement to quadruple THAAD interceptor production to 400 interceptors/year and plans to break ground on a new Munitions Acceleration Center in Arkansas — boosts near-term production revenue, defense backlog and government funding visibility. Lockheed Martin and U.S. Department of War Sign Framework Agreement to Quadruple THAAD Interceptor Production Capacity
• Positive Sentiment: Newest GPS III satellite (SV09) reached orbit, demonstrating systems delivery, improving product credibility for follow-on government contracts and supporting space segment revenue. Lockheed Martin’s newest GPS satellite reaches orbit, strengthening warfighter connectivity
• Positive Sentiment: Launched a Riyadh software factory to advance Saudi defense innovation — expands international footprint, supports FMS/localization initiatives and recurring software/services revenue potential. Lockheed Martin launches Riyadh software factory to advance Saudi defense innovation
• Positive Sentiment: Short interest fell ~14.8% in January, reducing a near-term source of downward pressure and signaling less bearish positioning against the stock.
• Neutral Sentiment: Emberpoint wildfire venture shows valuation/momentum check — diversification into climate/resilience markets could offer long-term optionality but is not yet a major revenue driver. Lockheed Martin’s Emberpoint Wildfire Venture Meets Valuation And Momentum Check
• Neutral Sentiment: Record backlog (~$179B) reported in previews supports revenue visibility, but backlog alone doesn’t guarantee near-term margin improvement. Lockheed Martin Q4 Preview: Can Record $179 Billion Backlog Overcome Execution Jitters?
• Negative Sentiment: Analyst views mixed ahead of Q4: while guidance hints at a possible beat, several previews flag higher costs, program charges and execution jitters that could pressure margins and EPS. Investors should watch cost and charge disclosures in the Q4 release. Should You Buy, Hold or Sell LMT Stock Ahead of Q4 Earnings?
• Negative Sentiment: Analyst opinion remains mixed in media previews—market reaction could be volatile if results miss on margins or if management flags additional program risks. Lockheed Martin Q4 earnings preview: Analyst opinion remains mixed

Analyst Upgrades and Downgrades

Several brokerages have recently commented on LMT. UBS Group boosted their price target on Lockheed Martin from $513.00 to $580.00 and gave the stock a “neutral” rating in a research note on Thursday, January 15th. Sanford C. Bernstein reissued a “market perform” rating and issued a $586.00 price objective on shares of Lockheed Martin in a research report on Monday, January 12th. Robert W. Baird raised their price target on Lockheed Martin from $550.00 to $640.00 and gave the stock an “outperform” rating in a research note on Friday, January 16th. Truist Financial set a $605.00 price objective on shares of Lockheed Martin and gave the company a “buy” rating in a research note on Friday, January 9th. Finally, Morgan Stanley reiterated an “equal weight” rating and set a $543.00 target price (down previously from $630.00) on shares of Lockheed Martin in a report on Tuesday, December 16th. Five equities research analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $543.82.

About Lockheed Martin

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.