Victory Capital Management Inc. Decreases Position in Lockheed Martin Corporation $LMT

Victory Capital Management Inc. decreased its position in Lockheed Martin Corporation (NYSE:LMT) by 1.4% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 276,615 shares of the aerospace company’s stock after selling 4,035 shares during the period. Victory Capital Management Inc. owned about 0.12% of Lockheed Martin worth $138,089,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of the company. Tableaux LLC grew its stake in shares of Lockheed Martin by 34,231.4% during the 2nd quarter. Tableaux LLC now owns 623,115 shares of the aerospace company’s stock worth $288,589,000 after acquiring an additional 621,300 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in Lockheed Martin by 169.3% during the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 572,272 shares of the aerospace company’s stock worth $265,030,000 after purchasing an additional 359,748 shares during the period. Vanguard Group Inc. increased its stake in shares of Lockheed Martin by 1.0% in the second quarter. Vanguard Group Inc. now owns 21,697,527 shares of the aerospace company’s stock worth $10,048,993,000 after purchasing an additional 214,565 shares in the last quarter. Holocene Advisors LP bought a new stake in shares of Lockheed Martin in the second quarter valued at approximately $92,628,000. Finally, Natixis lifted its stake in shares of Lockheed Martin by 1,478.6% during the 2nd quarter. Natixis now owns 203,859 shares of the aerospace company’s stock valued at $94,415,000 after buying an additional 190,945 shares in the last quarter. 74.19% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on LMT shares. BNP Paribas Exane lifted their price objective on shares of Lockheed Martin from $550.00 to $570.00 and gave the company an “outperform” rating in a research note on Thursday, January 8th. Robert W. Baird lifted their price target on Lockheed Martin from $550.00 to $640.00 and gave the company an “outperform” rating in a research report on Friday, January 16th. Wall Street Zen cut Lockheed Martin from a “strong-buy” rating to a “buy” rating in a report on Sunday, February 8th. Citigroup lifted their target price on Lockheed Martin from $592.00 to $673.00 and gave the company a “neutral” rating in a report on Thursday, February 5th. Finally, Morgan Stanley set a $675.00 price target on shares of Lockheed Martin in a report on Wednesday, February 4th. Six investment analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Lockheed Martin currently has a consensus rating of “Hold” and an average price target of $612.50.

More Lockheed Martin News

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

• Positive Sentiment: White House meeting to accelerate production — The White House has invited top defense executives to discuss speeding weapons production to replenish stockpiles after strikes on Iran, which could translate into larger near-term orders and accelerated program funding for prime contractors like Lockheed. Exclusive: Defense executives plan to meet at White House as strikes on Iran diminish stockpiles
• Positive Sentiment: Backlogs and program exposure underpin upside — MarketBeat highlights Lockheed’s roughly $194B backlog and multi-decade revenue streams from F-35 production, missiles and sustainment, supporting durable revenue visibility beyond short-term volatility. Defense Stocks: Rockets, Radars, and Record Backlogs
• Positive Sentiment: Analysts and sector research point to a sustained missile/armaments megatrend — Citi and other analysts say demand for interceptors and missiles is likely to rise materially, a structural tailwind for Lockheed’s Missiles & Fire Control business. Missile ‘megatrend’ still underestimated despite Iran conflict, says Citi
• Neutral Sentiment: Market momentum and valuation debates — Coverage shows strong YTD gains and record highs, prompting questions about whether current prices fully reflect accelerated demand or are a near-term risk given a higher P/E; investors are reassessing valuation vs. execution risk. Assessing Lockheed Martin (LMT) Valuation After Strong Recent Share Price And Total Return Performance
• Negative Sentiment: Pentagon ban on Anthropic’s Claude AI — Lockheed confirmed it will remove Anthropic’s tools to comply with the Trump administration order. That creates short-term IT disruption, potential transition costs and uncertainty for ongoing AI-enabled upgrades (even though legal challenges to the ban may follow). Defense contractors, like Lockheed, seen removing Anthropic’s AI after Trump ban

Lockheed Martin Stock Down 1.4%

Shares of NYSE:LMT opened at $667.12 on Wednesday. The firm has a market capitalization of $153.49 billion, a PE ratio of 31.04, a price-to-earnings-growth ratio of 1.22 and a beta of 0.22. The company has a debt-to-equity ratio of 3.05, a quick ratio of 0.94 and a current ratio of 1.09. Lockheed Martin Corporation has a 52-week low of $410.11 and a 52-week high of $692.00. The firm has a fifty day moving average of $589.33 and a 200 day moving average of $513.99.

Lockheed Martin (NYSE:LMT) last issued its quarterly earnings results on Thursday, January 29th. The aerospace company reported $5.80 earnings per share (EPS) for the quarter, missing the consensus estimate of $6.33 by ($0.53). Lockheed Martin had a return on equity of 108.53% and a net margin of 6.69%.The firm had revenue of $20.32 billion for the quarter, compared to the consensus estimate of $19.84 billion. During the same period last year, the firm earned $7.67 EPS. The company’s revenue for the quarter was up 9.1% on a year-over-year basis. As a group, research analysts anticipate that Lockheed Martin Corporation will post 27.15 EPS 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. Shareholders of record on Monday, March 2nd will be paid a $3.45 dividend. The ex-dividend date of this dividend is Monday, March 2nd. This represents a $13.80 annualized dividend and a yield of 2.1%. Lockheed Martin’s dividend payout ratio is currently 64.22%.

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.