Bank of New York Mellon Corp Trims Stock Holdings in Lockheed Martin Corporation $LMT

Bank of New York Mellon Corp cut its position in shares of Lockheed Martin Corporation (NYSE:LMT) by 2.8% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 1,590,622 shares of the aerospace company’s stock after selling 46,158 shares during the quarter. Bank of New York Mellon Corp’s holdings in Lockheed Martin were worth $794,054,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of LMT. Tableaux LLC raised its holdings in Lockheed Martin by 34,231.4% in the 2nd quarter. Tableaux LLC now owns 623,115 shares of the aerospace company’s stock valued at $288,589,000 after acquiring an additional 621,300 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Lockheed Martin by 169.3% in the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 572,272 shares of the aerospace company’s stock valued at $265,030,000 after purchasing an additional 359,748 shares during the last quarter. Vanguard Group Inc. lifted its position in Lockheed Martin by 1.0% during the second quarter. Vanguard Group Inc. now owns 21,697,527 shares of the aerospace company’s stock worth $10,048,993,000 after buying an additional 214,565 shares during the period. Holocene Advisors LP purchased a new position in Lockheed Martin during the second quarter worth about $92,628,000. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new stake in Lockheed Martin in the 2nd quarter worth about $89,850,000. Institutional investors and hedge funds own 74.19% of the company’s stock.

Trending Headlines about Lockheed Martin

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

• Positive Sentiment: Successful GPS III satellite launch reinforces product execution and GovCon leadership — improves mission capability and supports future contract momentum. Lockheed’s New GPS Satellite Enters Orbit PR: GPS III SV09 Reaches Orbit
• Positive Sentiment: Short interest fell ~14.8% in January, reducing one potential downward pressure on the stock and lowering the days-to-cover — a bullish technical/psychological signal.
• Positive Sentiment: Record backlog (reported at ~$179B) and management guidance tone that hints at an earnings beat give upside potential into the Q4 print if execution holds. Q4 Preview: $179B Backlog
• Neutral Sentiment: Analysts highlight specific KPIs to watch in the Q4 release (segment revenue mix, margins, program charges, free cash flow) — these metrics will determine whether guidance and backlog translate into EPS upside. KPIs to Watch Ahead of Q4
• Neutral Sentiment: Emberpoint wildfire venture shows traction in valuation/momentum checks — a diversification/growth signal but likely immaterial to near-term EPS unless scaled or monetized. Emberpoint Valuation & Momentum Check
• Negative Sentiment: Analyst note warns that higher costs and potential program charges could pressure Q4 profits — a key near-term risk that could trigger downside if management reports unexpected charges or margin erosion. Zacks: Costs & Program Charge Risk Ahead of Q4
• Negative Sentiment: Trade/tariff headlines are prompting Europe to favor domestic defense suppliers in some cases, a structural risk that could limit Lockheed’s international growth in affected markets. MarketBeat: Tariffs Could Shift European Defense Spending

Lockheed Martin Price Performance

LMT opened at $597.63 on Thursday. Lockheed Martin Corporation has a twelve month low of $410.11 and a twelve month high of $599.32. The firm has a market cap of $138.29 billion, a price-to-earnings ratio of 33.37, a PEG ratio of 1.70 and a beta of 0.24. The company has a current ratio of 1.13, a quick ratio of 0.97 and a debt-to-equity ratio of 3.32. The company has a fifty day simple moving average of $503.11 and a 200 day simple moving average of $478.69.

Wall Street Analyst Weigh In

LMT has been the topic of several recent analyst reports. Citigroup increased their price objective on shares of Lockheed Martin from $505.00 to $592.00 and gave the stock a “neutral” rating in a report on Tuesday, January 13th. Royal Bank Of Canada increased their price target on shares of Lockheed Martin from $440.00 to $525.00 and gave the stock a “sector perform” rating in a research note on Tuesday, October 7th. Susquehanna reissued a “positive” rating and set a $660.00 price objective on shares of Lockheed Martin in a research note on Thursday, January 15th. The Goldman Sachs Group upped their price objective on Lockheed Martin from $398.00 to $425.00 and gave the stock a “sell” rating in a report on Friday, October 10th. Finally, Morgan Stanley reiterated an “equal weight” rating and issued a $543.00 target price (down previously from $630.00) on shares of Lockheed Martin in a report on Tuesday, December 16th. Five analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Lockheed Martin presently has an average rating of “Hold” and an average 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.