2,187 Lockheed Martin Corporation $LMT Shares Sold by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. lowered its holdings in shares of Lockheed Martin Corporation (NYSE:LMT) by 7.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 26,709 shares of the aerospace company’s stock after selling 2,187 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in Lockheed Martin were worth $13,602,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Norris Financial Group LLC bought a new position in shares of Lockheed Martin during the 1st quarter valued at approximately $2,321,000. CX Institutional raised its holdings in Lockheed Martin by 527.4% during the 3rd quarter. CX Institutional now owns 18,415 shares of the aerospace company’s stock valued at $9,378,000 after buying an additional 15,480 shares during the period. Talon Private Wealth LLC purchased a new stake in Lockheed Martin during the 1st quarter valued at $3,743,000. Meeder Asset Management Inc. bought a new stake in Lockheed Martin in the second quarter worth $11,036,000. Finally, OneDigital Investment Advisors LLC bought a new stake in Lockheed Martin in the second quarter worth $4,796,000. 74.19% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research analysts have commented on the stock. Weiss Ratings raised shares of Lockheed Martin from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, October 9th. Jefferies Financial Group reissued a “hold” rating and issued a $615.00 target price on shares of Lockheed Martin in a research note on Sunday. Bank of America reissued a “neutral” rating and issued a $620.00 target price on shares of Lockheed Martin in a research note on Monday. Sanford C. Bernstein lowered their target price on shares of Lockheed Martin from $629.00 to $564.00 and set a “market perform” rating for the company in a report on Wednesday, October 14th. Finally, Wall Street Zen cut shares of Lockheed Martin from a “strong-buy” rating to a “buy” rating in a research note on Saturday, October 17th. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Lockheed Martin has an average rating of “Moderate Buy” and a consensus price target of $638.05.

More Lockheed Martin News

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

• Positive Sentiment: Lockheed Martin received a $694 million U.S. Air Force contract to produce its Air-Launched Rapid Response Weapon hypersonic missile. The award strengthens the company’s position in high-priority missile and hypersonic defense programs. Lockheed Martin to Add Air-Launched Hypersonic Missile to the American Arsenal of Freedom
• Positive Sentiment: Morgan Stanley upgraded LMT to Overweight and raised its price target to $835 from $690, arguing that a 10-year F-35 production and sustainment framework reduces significant revenue risk. The framework targets at least 850 aircraft and supports production of roughly 156 jets annually. Lockheed Martin’s F-35 Deal Could Change How Wall Street Values the Stock
• Positive Sentiment: Recent operating momentum remains strong. Third-quarter revenue increased about 11% year over year to $20.7 billion, adjusted earnings exceeded estimates, and backlog reached a record $292 billion. The company also raised its quarterly dividend, reinforcing confidence in future cash flow. Lockheed Martin Q3 2026: Shattering 9-Month Expectations With a Record $292B Backlog
• Positive Sentiment: Zacks upgraded Lockheed Martin to a Rank #2, or “Buy,” citing improving earnings prospects. JPMorgan also raised its price target to $665, although it maintained a Neutral rating.
• Negative Sentiment: The F-35 framework is not yet a fully binding multiyear contract; it depends on congressional authorization and appropriations. That political uncertainty could limit near-term upside and is likely contributing to profit-taking after the recent advance. Morgan Stanley Just Turned Bullish on Lockheed Martin After a Big Pentagon Deal

Lockheed Martin Trading Down 1.9%

Shares of NYSE LMT opened at $623.39 on Wednesday. The business’s 50 day moving average price is $541.33 and its 200-day moving average price is $567.38. Lockheed Martin Corporation has a fifty-two week low of $437.25 and a fifty-two week high of $692.00.

Lockheed Martin (NYSE:LMT) last issued its quarterly earnings results on Thursday, October 22nd. The aerospace company reported $7.97 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $7.52 by $0.45. The business had revenue of $20.71 billion for the quarter, compared to the consensus estimate of $20.48 billion. During the same period in the prior year, the business posted $6.95 earnings per share. Lockheed Martin’s revenue was up 11.3% on a year-over-year basis. Analysts forecast that Lockheed Martin Corporation will post 30.55 earnings per share for the current year.

Lockheed Martin Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 31st. Shareholders of record on Tuesday, December 1st will be paid a $3.60 dividend. The ex-dividend date is Tuesday, December 1st. This is a positive change from Lockheed Martin’s previous quarterly dividend of $3.45. This represents a $14.40 dividend on an annualized basis and a yield of 2.3%.

Lockheed Martin Profile

Lockheed Martin Corporation is a global security and aerospace company headquartered in Bethesda, Maryland. Formed in 1995 through the merger of Lockheed Corporation and Martin Marietta, the company develops and produces advanced defense, aerospace, and technology systems for government and commercial customers.

Its principal business areas include Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space. Products and services include military aircraft such as the F-35 Lightning II, C-130 Hercules, and F-16 Fighting Falcon; missile-defense and precision-strike systems; helicopters and naval systems; command, control, communications, and intelligence technologies; satellites; space exploration systems; and other classified space and defense programs.

Lockheed Martin serves the U.S.