Florida Trust Wealth Management Co Has $9.15 Million Position in Lockheed Martin Corporation $LMT

Florida Trust Wealth Management Co lifted its holdings in Lockheed Martin Corporation (NYSE:LMT) by 23.4% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 18,330 shares of the aerospace company’s stock after buying an additional 3,480 shares during the period. Florida Trust Wealth Management Co’s holdings in Lockheed Martin were worth $9,151,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Carnegie Investment Counsel grew its position in shares of Lockheed Martin by 11.4% during the 3rd quarter. Carnegie Investment Counsel now owns 29,639 shares of the aerospace company’s stock worth $14,796,000 after buying an additional 3,031 shares during the period. VCI Wealth Management LLC acquired a new stake in Lockheed Martin in the third quarter worth $3,075,000. DAVENPORT & Co LLC grew its holdings in Lockheed Martin by 22.4% in the third quarter. DAVENPORT & Co LLC now owns 25,423 shares of the aerospace company’s stock worth $12,688,000 after purchasing an additional 4,652 shares during the period. Farther Finance Advisors LLC increased its stake in Lockheed Martin by 29.2% in the third quarter. Farther Finance Advisors LLC now owns 10,036 shares of the aerospace company’s stock valued at $5,010,000 after purchasing an additional 2,270 shares in the last quarter. Finally, Laffer Tengler Investments Inc. raised its holdings in shares of Lockheed Martin by 482.6% during the second quarter. Laffer Tengler Investments Inc. now owns 6,979 shares of the aerospace company’s stock valued at $3,232,000 after purchasing an additional 5,781 shares during the period. Institutional investors own 74.19% of the company’s stock.

Lockheed Martin News Roundup

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

• Positive Sentiment: Analyst price-target lift — TD Cowen raised its price target to $600 (maintained a Hold), signaling incremental analyst conviction and giving investors a higher reference for upside. TD Cowen Adjusts Price Target on Lockheed Martin
• Positive Sentiment: Defense-sector bullish narrative — MarketBeat’s “2026 Survival Kit” highlights Lockheed as a core defense holding tied to a large proposed FY2027 defense budget and recent contract wins (e.g., PAC-3 MSE missile awards). That narrative supports demand for LMT as a defensive, revenue-stable name. The 2026 Survival Kit: Gold, Defense, and Trash
• Positive Sentiment: Momentum/technical interest — Retail/quant outlets flagged a rise in LMT’s relative strength (RS) rating, which can attract momentum and ETF flows. Lockheed Martin Stock Sees RS Rating Rocket Higher
• Neutral Sentiment: Mixed Zacks estimate revisions — Zacks issued several updates: it lowered near-term quarterly EPS for some early quarters (Q1 2026 and Q1 2027) while raising other quarterly or full-year forecasts (FY2026, some Q4/Q4 2026 estimates). The net effect is mixed — slightly cautionary for short-term guidance but not a consensus downward revision for full-year earnings. Zacks Research LMT Estimate Updates
• Neutral Sentiment: Longer-term tech/ops focus — The WSJ piece on Lockheed’s CIO highlights AI and centralization of tech strategy; this supports longer-term efficiency and modernization but is unlikely to move near-term earnings materially. Lockheed Martin CIO Says AI Is Remaking Her Role
• Positive Sentiment: Project-specific bullishness — Commentary (Seeking Alpha) arguing that strategic programs like the “Golden Dome” are now critical may drive investor focus on backlog and program optionality, supporting the bullish case for sustained defense revenues. Lockheed Martin: Why The Golden Dome Project Is Now Critical For The Stock
• Negative Sentiment: Technical/short-term risk — Benzinga’s technical note flags LMT as overbought and approaching resistance, suggesting a momentum-driven pullback is possible even as fundamentals remain strong. Traders may take profits near recent highs. Is This The Top For Lockheed Martin?

Lockheed Martin Stock Up 0.6%

LMT opened at $581.62 on Monday. The company has a debt-to-equity ratio of 3.32, a current ratio of 1.13 and a quick ratio of 0.97. The company’s 50-day moving average is $483.17 and its 200 day moving average is $471.88. Lockheed Martin Corporation has a fifty-two week low of $410.11 and a fifty-two week high of $582.93. The firm has a market capitalization of $134.59 billion, a P/E ratio of 32.47, a PEG ratio of 1.66 and a beta of 0.24.

Lockheed Martin (NYSE:LMT) last issued its quarterly earnings data on Tuesday, October 21st. The aerospace company reported $6.95 earnings per share (EPS) 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 business had revenue of $18.61 billion during the quarter, compared to the consensus estimate of $18.45 billion. During the same period in the prior year, the firm posted $6.84 EPS. The firm’s quarterly revenue was up 8.8% compared to the same quarter last year. Lockheed Martin has set its FY 2025 guidance at 22.150-22.350 EPS. Research analysts expect that Lockheed Martin Corporation will post 27.15 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of analysts recently commented on LMT shares. Wall Street Zen lowered Lockheed Martin from a “strong-buy” rating to a “buy” rating in a research report on Saturday, December 13th. BNP Paribas Exane boosted their price objective on Lockheed Martin from $550.00 to $570.00 and gave the company an “outperform” rating in a report on Thursday, January 8th. JPMorgan Chase & Co. reiterated a “neutral” rating and issued a $515.00 target price (up from $465.00) on shares of Lockheed Martin in a report on Friday, December 19th. TD Cowen boosted their price target on shares of Lockheed Martin from $520.00 to $600.00 and gave the company a “hold” rating in a research note on Wednesday, January 14th. Finally, Morgan Stanley restated an “equal weight” rating and set a $543.00 price objective (down previously from $630.00) on shares of Lockheed Martin in a report on Tuesday, December 16th. Two research analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating, sixteen have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Lockheed Martin currently has an average rating of “Hold” and a consensus price target of $543.82.

Insider Buying and Selling

In related news, COO John Frank A. St sold 7,792 shares of Lockheed Martin stock in a transaction on Thursday, October 23rd. The stock was sold at an average price of $491.04, for a total transaction of $3,826,183.68. Following the sale, 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 ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 0.14% of the company’s stock.

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.