Lockheed Martin Corporation $LMT Shares Sold by QRG Capital Management Inc.

QRG Capital Management Inc. reduced its position in Lockheed Martin Corporation (NYSE:LMT) by 51.0% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 9,320 shares of the aerospace company’s stock after selling 9,713 shares during the period. QRG Capital Management Inc.’s holdings in Lockheed Martin were worth $4,653,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in LMT. Barnes Dennig Private Wealth Management LLC increased its stake in Lockheed Martin by 285.7% in the third quarter. Barnes Dennig Private Wealth Management LLC now owns 54 shares of the aerospace company’s stock valued at $27,000 after purchasing an additional 40 shares during the last quarter. Mid American Wealth Advisory Group Inc. acquired a new stake in Lockheed Martin in the 2nd quarter worth about $28,000. Twin Peaks Wealth Advisors LLC purchased a new stake in Lockheed Martin in the 2nd quarter valued at about $29,000. Frazier Financial Advisors LLC acquired a new position in shares of Lockheed Martin during the 2nd quarter valued at about $34,000. Finally, MTM Investment Management LLC acquired a new position in shares of Lockheed Martin during the 2nd quarter valued at about $36,000. Hedge funds and other institutional investors own 74.19% of the company’s stock.

Lockheed Martin News Summary

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?

Insider Activity at Lockheed Martin

In related news, COO John Frank A. St sold 7,792 shares of the business’s stock in a transaction that occurred 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 transaction, the chief operating officer directly owned 1 shares of the company’s stock, valued at approximately $491.04. The trade was a 99.99% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Insiders own 0.14% of the company’s stock.

Lockheed Martin Price Performance

Lockheed Martin stock opened at $581.62 on Monday. 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 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. The firm has a fifty day moving average of $483.17 and a 200-day moving average of $471.88. Lockheed Martin Corporation has a 52-week low of $410.11 and a 52-week high of $582.93.

Lockheed Martin (NYSE:LMT) last announced its quarterly 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 firm had revenue of $18.61 billion during the quarter, compared to analysts’ expectations of $18.45 billion. During the same period in the prior year, the company earned $6.84 EPS. The firm’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. As a group, analysts predict that Lockheed Martin Corporation will post 27.15 EPS for the current year.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on LMT shares. UBS Group raised their target price on shares of Lockheed Martin from $513.00 to $580.00 and gave the stock a “neutral” rating in a research report on Thursday. BNP Paribas raised shares of Lockheed Martin to a “strong-buy” rating in a research note on Tuesday, November 18th. BNP Paribas Exane boosted 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. Deutsche Bank Aktiengesellschaft dropped their price objective on Lockheed Martin from $517.00 to $492.00 and set a “hold” rating for the company in a report on Wednesday, December 10th. Finally, Wall Street Zen lowered Lockheed Martin from a “strong-buy” rating to a “buy” rating in a research report on Saturday, December 13th. Two equities research analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating, sixteen have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Lockheed Martin currently has a consensus rating of “Hold” and a consensus price target of $543.82.

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.