Lockheed Martin Corporation $LMT Stock Holdings Lifted by Ethic Inc.

Ethic Inc. increased its position in shares of Lockheed Martin Corporation (NYSE:LMT) by 15.4% in the 3rd quarter, HoldingsChannel reports. The firm owned 7,259 shares of the aerospace company’s stock after acquiring an additional 970 shares during the quarter. Ethic Inc.’s holdings in Lockheed Martin were worth $3,697,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the company. Leelyn Smith LLC lifted its holdings in shares of Lockheed Martin by 2.0% during the third quarter. Leelyn Smith LLC now owns 7,750 shares of the aerospace company’s stock worth $3,947,000 after purchasing an additional 153 shares during the period. Verus Capital Partners LLC raised its position in Lockheed Martin by 7.4% during the 3rd quarter. Verus Capital Partners LLC now owns 1,284 shares of the aerospace company’s stock worth $654,000 after purchasing an additional 89 shares during the last quarter. Parallel Advisors LLC raised its position in Lockheed Martin by 5.0% during the 3rd quarter. Parallel Advisors LLC now owns 7,061 shares of the aerospace company’s stock worth $3,596,000 after purchasing an additional 334 shares during the last quarter. United Advisor Group LLC raised its position in Lockheed Martin by 11.3% during the 3rd quarter. United Advisor Group LLC now owns 1,678 shares of the aerospace company’s stock worth $854,000 after purchasing an additional 171 shares during the last quarter. Finally, Eliot Finkel Investment Counsel LLC lifted its holdings in Lockheed Martin by 0.8% during the 3rd quarter. Eliot Finkel Investment Counsel LLC now owns 7,905 shares of the aerospace company’s stock worth $4,026,000 after buying an additional 65 shares during the period. 74.19% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

LMT has been the subject of several recent research reports. Robert W. Baird set a $700.00 price target on Lockheed Martin in a research note on Friday, July 24th. Bank of America reiterated a “neutral” rating and issued a $620.00 target price on shares of Lockheed Martin in a report on Monday, October 26th. Weiss Ratings raised shares of Lockheed Martin from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, October 9th. Royal Bank Of Canada boosted their price target on shares of Lockheed Martin from $550.00 to $600.00 and gave the stock a “sector perform” rating in a research report on Friday, October 23rd. Finally, Wall Street Zen lowered shares of Lockheed Martin from a “strong-buy” rating to a “buy” rating in a research note on Saturday, October 17th. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $647.00.

Key Stories Impacting Lockheed Martin

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

• Positive Sentiment: Lockheed Martin said it has delivered 100,000 Guided Multiple Launch Rocket System (GMLRS) rockets and is expanding production. The milestone highlights the scale of demand and the company’s push to deliver more rockets faster. Lockheed Martin reaches 100,000 GMLRS rocket deliveries, expands production
• Positive Sentiment: A successful ground test of a new General Dynamics-built solid rocket motor is another step toward increasing GMLRS output. The milestone supports the production expansion story. More Rockets, Faster: Lockheed Martin Reaches Major GMLRS Production Milestone
• Positive Sentiment: Coverage also points to a $694 million hypersonic contract, adding to investor focus on Lockheed’s missile-program opportunities. Is Lockheed Martin (LMT) Cheap After Its $694 Million Hypersonic Contract?
• Positive Sentiment: Recent commentary cites a $292 billion backlog and an $8 billion missile investment, while earlier coverage highlighted strong quarterly results and long-term Defense Department procurement agreements—factors that support longer-term demand visibility. Lockheed Martin Stock: Record $292 Billion Backlog, $8 Billion Missile Bet, and a Price Worth Watching Why Lockheed Martin Rallied in October
• Neutral Sentiment: The new rocket motor remains on track for qualification in 2027, so the test is progress rather than evidence that the upgraded motor is already qualified for production use. Lockheed Tests New GD-Built Rocket Motor For GMLRS, On Track For Qualification In 2027

Lockheed Martin Stock Up 2.5%

Shares of Lockheed Martin stock opened at $603.19 on Wednesday. The stock’s 50-day moving average is $549.59 and its 200 day moving average is $569.72. Lockheed Martin Corporation has a one year low of $437.25 and a one year high of $692.00. The firm has a market cap of $139.34 billion, a price-to-earnings ratio of 21.43, a PEG ratio of 1.25 and a beta of 0.07. The company has a debt-to-equity ratio of 2.04, a current ratio of 1.26 and a quick ratio of 1.10.

Lockheed Martin (NYSE:LMT) last issued its earnings results on Thursday, October 22nd. The aerospace company reported $7.97 earnings per share for the quarter, topping analysts’ consensus estimates of $7.52 by $0.45. Lockheed Martin had a return on equity of 83.41% and a net margin of 8.23%. The business had revenue of $20.71 billion during the quarter, compared to the consensus estimate of $20.48 billion. During the same period in the previous year, the company posted $6.95 earnings per share. The firm’s revenue for the quarter was up 11.3% on a year-over-year basis. Equities research analysts anticipate that Lockheed Martin Corporation will post 30.66 EPS for the current year.

Lockheed Martin Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 31st. Stockholders of record on Tuesday, December 1st will be paid a $3.60 dividend. The ex-dividend date is Tuesday, December 1st. This represents a $14.40 annualized dividend and a dividend yield of 2.4%. This is an increase from Lockheed Martin’s previous quarterly dividend of $3.45. Lockheed Martin’s dividend payout ratio (DPR) is presently 49.02%.

About Lockheed Martin

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.