Keybank National Association OH lowered its stake in shares of Lockheed Martin Corporation (NYSE:LMT – Free Report) by 5.0% during the third quarter, Holdings Channel.com reports. The firm owned 27,100 shares of the aerospace company’s stock after selling 1,426 shares during the quarter. Keybank National Association OH’s holdings in Lockheed Martin were worth $13,529,000 as of its most recent SEC filing.
Other large investors have also added to or reduced their stakes in the company. Barnes Dennig Private Wealth Management LLC increased its position in shares of Lockheed Martin by 285.7% during the third quarter. Barnes Dennig Private Wealth Management LLC now owns 54 shares of the aerospace company’s stock worth $27,000 after purchasing an additional 40 shares in the last quarter. Grey Fox Wealth Advisors LLC purchased a new stake in shares of Lockheed Martin during the third quarter worth about $27,000. Mid American Wealth Advisory Group Inc. purchased a new stake in shares of Lockheed Martin during the second quarter worth about $28,000. Twin Peaks Wealth Advisors LLC acquired a new position in shares of Lockheed Martin during the second quarter valued at about $29,000. Finally, Frazier Financial Advisors LLC purchased a new position in shares of Lockheed Martin in the 2nd quarter valued at approximately $34,000. 74.19% of the stock is currently owned by institutional investors.
Wall Street Analysts Forecast Growth
Several equities analysts recently issued reports on LMT shares. TD Cowen upped their target price on Lockheed Martin from $600.00 to $670.00 and gave the company a “hold” rating in a research report on Friday. Sanford C. Bernstein reiterated a “market perform” rating and issued a $586.00 price objective on shares of Lockheed Martin in a report on Monday, January 12th. Deutsche Bank Aktiengesellschaft upped their target price on Lockheed Martin from $492.00 to $611.00 and gave the company a “hold” rating in a report on Friday. Citigroup raised their price target 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. Finally, The Goldman Sachs Group raised their price objective on Lockheed Martin from $398.00 to $425.00 and gave the stock a “sell” rating in a research report on Friday, October 10th. Five investment analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $577.29.
Lockheed Martin Stock Performance
Shares of LMT stock opened at $634.31 on Friday. The stock has a market capitalization of $146.78 billion, a PE ratio of 29.52, a price-to-earnings-growth ratio of 1.78 and a beta of 0.24. The company has a quick ratio of 0.97, a current ratio of 1.09 and a debt-to-equity ratio of 3.05. The stock’s 50-day moving average price is $509.69 and its 200 day moving average price is $480.88. Lockheed Martin Corporation has a 52-week low of $410.11 and a 52-week high of $645.67.
Lockheed Martin (NYSE:LMT – Get Free Report) last released its quarterly earnings data on Thursday, January 29th. The aerospace company reported $5.80 earnings per share (EPS) for the quarter, missing the consensus estimate of $6.33 by ($0.53). Lockheed Martin had a return on equity of 108.53% and a net margin of 6.69%.The business had revenue of $20.32 billion during the quarter, compared to analysts’ expectations of $19.84 billion. During the same quarter in the previous year, the company posted $7.67 EPS. The company’s revenue was up 9.1% compared to the same quarter last year. As a group, equities research analysts forecast that Lockheed Martin Corporation will post 27.15 EPS for the current year.
Lockheed Martin News Roundup
Here are the key news stories impacting Lockheed Martin this week:
- Positive Sentiment: Company outlook and defense demand — Lockheed gave an upbeat 2026 profit/revenue outlook and cited strong fighter-jet and missile demand alongside a record backlog that supports multi‑year revenue visibility. Reuters: Lockheed Martin forecasts upbeat 2026 profit, revenue
- Positive Sentiment: THAAD and production ramp — Lockheed signed a framework to quadruple THAAD interceptor output (to ~400/year) and will expand munitions capacity, a clear revenue/margin tailwind if sustained. PR Newswire: Lockheed Martin and U.S. Department of War sign framework agreement
- Positive Sentiment: Analyst price-target lifts — Several firms raised targets this morning (Truist to $695, JPMorgan to $680, TD Cowen to $670, RBC to $650), supporting the stock’s upside narrative. MarketScreener: Truist raises price target MarketScreener: JPMorgan raises price target MarketScreener: TD Cowen raises price target MarketScreener: RBC raises price target
- Neutral Sentiment: Q4 results were mixed — revenue and cash flow were strong and backlog is record‑high, but reported EPS comparisons and some measure revisions caused mixed headlines; investors are weighing growth vs. margin/earnings trajectory. PR Newswire: Q4 and FY2025 results
- Neutral Sentiment: FY2026 guidance: narrow differences vs. consensus — management issued EPS guidance of 29.35–30.25 and revenue guidance roughly $77.5B–$80.0B, close to Street expectations but leaving little margin for surprise; this reduces forecast risk but limits upside if growth slows. Reuters: Guidance details
- Negative Sentiment: Some analyst caution remains — Deutsche Bank raised its target but still implies a modest downside versus current levels, showing not all brokers see large incremental upside. MarketScreener: Deutsche Bank raises target but below current price
- Negative Sentiment: Insider selling flagged — recent disclosed insider sales (no purchases) could be read as minor negative signal for sentiment or liquidity needs. QuiverQuant: Q4 earnings and insider activity
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.
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