Farther Finance Advisors LLC Has $5.01 Million Stock Position in Lockheed Martin Corporation $LMT

Farther Finance Advisors LLC grew its position in Lockheed Martin Corporation (NYSE:LMT) by 29.2% in the third quarter, Holdings Channel.com reports. The fund owned 10,036 shares of the aerospace company’s stock after buying an additional 2,270 shares during the period. Farther Finance Advisors LLC’s holdings in Lockheed Martin were worth $5,010,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of LMT. Vanguard Group Inc. lifted its position in 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 during the period. Geode Capital Management LLC lifted its holdings in shares of Lockheed Martin by 0.4% during 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 acquiring an additional 19,459 shares during the period. Royal Bank of Canada boosted its position in shares of Lockheed Martin by 1.4% during the 1st quarter. Royal Bank of Canada now owns 2,287,495 shares of the aerospace company’s stock valued at $1,021,846,000 after acquiring an additional 31,443 shares in the last quarter. Legal & General Group Plc boosted its position in shares of Lockheed Martin by 0.6% during the 2nd quarter. Legal & General Group Plc now owns 959,510 shares of the aerospace company’s stock valued at $444,387,000 after acquiring an additional 6,073 shares in the last quarter. Finally, AQR Capital Management LLC increased its stake in 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. 74.19% of the stock is currently owned by institutional investors.

Trending Headlines about Lockheed Martin

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

• Positive Sentiment: Large contract upsizes — The Pentagon increased a previously awarded C‑130J program from about $15B to $25B (a ~$10B increase) and other award expansions were reported, providing multi‑year revenue visibility and supporting backlog. Lockheed Martin aircraft-related contract upped by $10 billion, Pentagon says
• Neutral Sentiment: Options market and positioning — Recent options activity shows investor interest and hedging around LMT, which can amplify moves but doesn’t change fundamentals. Monitor implied vol and open interest for short‑term directional cues. What the Options Market Tells Us About Lockheed Martin
• Neutral Sentiment: Industry comparison and innovation debate — Coverage comparing Lockheed to more “attritable” defense tech names (Kratos, AeroVironment) frames LMT as a legacy prime that benefits from steady Pentagon demand but may not capture the same growth multiple as nimble drone/hypersonic players. Useful context for relative valuation decisions. KTOS vs. LMT: Which Defense Stock Is Better at Innovation?
• Negative Sentiment: Watchdog report on F‑35 availability — A government watchdog found F‑35s were available to fly only about half the time in 2024 due in part to maintenance shortcomings tied to Lockheed, raising program risk, potential follow‑on costs, and reputational pressure. Pentagon watchdog criticizes Lockheed for F-35 maintenance failures, Bloomberg News reports
• Negative Sentiment: Analyst downgrade and cash‑flow concerns — JPMorgan recently downgraded LMT, citing cash‑flow worries; separately, previews suggest analysts expect a double‑digit decline in Q4 EPS, which could pressure near‑term multiples if confirmed at the next report. JP Morgan downgrades Lockheed Martin Corporation (LMT) citing cash flow concerns Here’s What to Expect From Lockheed Martin’s Next Earnings Report
• Negative Sentiment: Political and program scrutiny — Commentary that former political pressure and calls for oversight could add to the set of issues facing Lockheed, increasing headline risk around procurement priorities and contract terms. Lockheed Martin: Add Trump Pressure To The Pile Of Issues

Analyst Ratings Changes

LMT has been the topic of a number of recent research reports. Robert W. Baird lifted their price objective on Lockheed Martin from $500.00 to $550.00 and gave the company an “outperform” rating in a report on Monday, October 6th. Royal Bank Of Canada boosted their price target on Lockheed Martin from $440.00 to $525.00 and gave the company a “sector perform” rating in a research note on Tuesday, October 7th. Wall Street Zen cut Lockheed Martin from a “strong-buy” rating to a “buy” rating in a research report on Saturday, December 13th. Morgan Stanley reiterated an “equal weight” rating and set a $543.00 price objective (down from $630.00) on shares of Lockheed Martin in a research note on Tuesday, December 16th. Finally, Sanford C. Bernstein boosted their target price on shares of Lockheed Martin from $497.00 to $545.00 and gave the company a “market perform” rating in a research note on Monday, October 20th. Two equities research analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating, eighteen have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $506.67.

Insider Buying and Selling

In other Lockheed Martin news, COO John Frank A. St sold 7,792 shares of the stock in a transaction on Thursday, October 23rd. The stock was sold at an average price of $491.04, for a total value of $3,826,183.68. Following the transaction, the chief operating officer directly owned 1 shares in the company, valued at approximately $491.04. This trade represents a 99.99% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.14% of the company’s stock.

Lockheed Martin Stock Up 0.6%

Shares of NYSE LMT opened at $485.41 on Thursday. Lockheed Martin Corporation has a 12-month low of $410.11 and a 12-month high of $516.00. The firm’s 50-day simple moving average is $471.45 and its 200 day simple moving average is $465.65. The company has a quick ratio of 0.97, a current ratio of 1.13 and a debt-to-equity ratio of 3.32. The company has a market cap of $112.32 billion, a price-to-earnings ratio of 27.10, a price-to-earnings-growth ratio of 1.45 and a beta of 0.24.

Lockheed Martin (NYSE:LMT) last announced its earnings results on Tuesday, October 21st. The aerospace company reported $6.95 earnings per share for the quarter, topping analysts’ consensus estimates of $6.33 by $0.62. Lockheed Martin had a net margin of 5.73% and a return on equity of 111.84%. The company had revenue of $18.61 billion during the quarter, compared to the consensus estimate of $18.45 billion. During the same period in the previous year, the firm posted $6.84 earnings per share. The company’s revenue was up 8.8% on a year-over-year basis. Lockheed Martin has set its FY 2025 guidance at 22.150-22.350 EPS. On average, research analysts expect that Lockheed Martin Corporation will post 27.15 earnings per share for the current fiscal year.

Lockheed Martin Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 30th. Shareholders of record on Monday, December 1st will be issued a dividend of $3.45 per share. The ex-dividend date of this dividend is Monday, December 1st. This represents a $13.80 annualized dividend and a yield of 2.8%. This is a positive change from Lockheed Martin’s previous quarterly dividend of $3.30. Lockheed Martin’s dividend payout ratio (DPR) is currently 77.05%.

Lockheed Martin Company 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.