Huntington National Bank Sells 12,755 Shares of Lockheed Martin Corporation $LMT

Huntington National Bank trimmed its position in shares of Lockheed Martin Corporation (NYSE:LMT) by 14.1% in the third quarter, Holdings Channel reports. The fund owned 77,597 shares of the aerospace company’s stock after selling 12,755 shares during the quarter. Huntington National Bank’s holdings in Lockheed Martin were worth $38,737,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Vanguard Group Inc. boosted its stake in Lockheed Martin by 1.0% during the 2nd 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 period. Geode Capital Management LLC increased its position in 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 worth $2,256,147,000 after buying an additional 19,459 shares during the period. Legal & General Group Plc lifted its holdings in shares of Lockheed Martin by 0.6% during the second quarter. Legal & General Group Plc now owns 959,510 shares of the aerospace company’s stock worth $444,387,000 after buying an additional 6,073 shares during the last quarter. AQR Capital Management LLC boosted its position in shares of Lockheed Martin by 6.9% in the second quarter. AQR Capital Management LLC now owns 863,839 shares of the aerospace company’s stock valued at $400,079,000 after acquiring an additional 55,607 shares during the period. Finally, Ameriprise Financial Inc. boosted its position in shares of Lockheed Martin by 16.6% in the second quarter. Ameriprise Financial Inc. now owns 761,382 shares of the aerospace company’s stock valued at $347,381,000 after acquiring an additional 108,553 shares during the period. 74.19% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities analysts recently commented on LMT shares. The Goldman Sachs Group upped their target price on shares of Lockheed Martin from $464.00 to $517.00 and gave the company a “sell” rating in a research note on Monday, February 2nd. Wall Street Zen cut shares of Lockheed Martin from a “strong-buy” rating to a “buy” rating in a research note on Sunday, February 8th. Citigroup boosted their price target on Lockheed Martin from $592.00 to $673.00 and gave the company a “neutral” rating in a research note on Thursday, February 5th. Susquehanna reiterated a “positive” rating and issued a $660.00 price objective on shares of Lockheed Martin in a research report on Thursday, January 15th. Finally, TD Cowen lifted their price objective on Lockheed Martin from $600.00 to $670.00 and gave the stock a “hold” rating in a report on Friday, January 30th. Six equities research analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $612.50.

Lockheed Martin Stock Up 2.7%

NYSE LMT opened at $659.24 on Friday. Lockheed Martin Corporation has a 1-year low of $410.11 and a 1-year high of $669.75. The company has a current ratio of 1.09, a quick ratio of 0.94 and a debt-to-equity ratio of 3.05. The stock’s 50 day moving average is $581.76 and its two-hundred day moving average is $509.66. The company has a market capitalization of $151.68 billion, a price-to-earnings ratio of 30.68, a PEG ratio of 1.16 and a beta of 0.23.

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

Lockheed Martin Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, March 27th. Stockholders of record on Monday, March 2nd will be paid a $3.45 dividend. This represents a $13.80 annualized dividend and a dividend yield of 2.1%. The ex-dividend date is Monday, March 2nd. Lockheed Martin’s payout ratio is currently 64.22%.

Trending Headlines about Lockheed Martin

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

• Positive Sentiment: Unusual call buying — Traders bought 155,267 LMT call options today (roughly a 1,691% jump versus typical daily call volume), a strongly bullish signal that likely pushed intraday prices higher.
• Positive Sentiment: AI-driven manufacturing interest — Industry research highlights growing investment in AI-driven, software-defined defense factories and notes primes like Lockheed as potential beneficiaries, supporting longer-term revenue/efficiency upside. AI-Driven Defense Manufacturing Infrastructure Report 2025-2030
• Positive Sentiment: Relative strength vs. broader market — Coverage noting LMT is outperforming the Nasdaq and that the Street remains constructive likely reinforced investor confidence and buying momentum. Is Lockheed Martin Stock Outperforming the Nasdaq?
• Positive Sentiment: Analyst/industry commentary on durable growth — Recent write-ups emphasize Lockheed’s predictable revenue profile and geopolitical hedge, supporting a bullish/defensive case for the stock. Lockheed Martin: Robust, Predictable Growth With Geopolitical Hedge Built In
• Neutral Sentiment: Valuation/positioning view — Some analyst pieces call Lockheed operationally strong but “fully priced,” recommending a hold rather than buy, which tempers upside despite positive fundamentals. Operationally Strong, Valuation Fully Priced – Hold
• Negative Sentiment: Pentagon/Anthropic scrutiny — The Pentagon’s dispute with Anthropic and requests for defense primes (including Lockheed) to report any reliance on Anthropic’s Claude model raise supply‑chain/third‑party AI risk concerns; this creates short‑term uncertainty about contract requirements, certification, or replacement costs. Pentagon Anthropic feud has sales and AI warfare at stake Pentagon asks Boeing, Lockheed Martin about their exposure to Anthropic

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.