Principal Financial Group Inc. Reduces Holdings in Lockheed Martin Corporation $LMT

Principal Financial Group Inc. reduced its stake in Lockheed Martin Corporation (NYSE:LMT) by 3.0% during the third quarter, Holdings Channel.com reports. The firm owned 244,974 shares of the aerospace company’s stock after selling 7,698 shares during the period. Principal Financial Group Inc.’s holdings in Lockheed Martin were worth $122,293,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in LMT. Carnegie Investment Counsel grew its holdings in Lockheed Martin by 11.4% in the 3rd quarter. Carnegie Investment Counsel now owns 29,639 shares of the aerospace company’s stock worth $14,796,000 after acquiring an additional 3,031 shares during the last quarter. VCI Wealth Management LLC purchased a new stake in shares of Lockheed Martin during the third quarter worth about $3,075,000. DAVENPORT & Co LLC grew its stake in shares of 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 last quarter. Farther Finance Advisors LLC increased its holdings in Lockheed Martin by 29.2% during the 3rd 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 during the period. Finally, Laffer Tengler Investments Inc. increased its holdings in Lockheed Martin by 482.6% during the 2nd 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. 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: Multiple analysts raised price targets on LMT this morning, lifting sentiment as several firms bumped their targets into the $650–$695 range (and one to $611). These coordinated target raises are a primary near‑term bullish catalyst for the stock. Price Target Raised to $695.00 Price Target Raised to $680.00 Price Target Raised to $670.00 Price Target Raised to $650.00 Price Target Raised to $611.00
• Positive Sentiment: RBC Capital issued a Buy on LMT, an upgrade that likely contributed to intraday strength and helped push momentum among investors. Lockheed Martin (LMT) Gets a Buy from RBC Capital
• Positive Sentiment: Market reaction coverage notes LMT trading higher following analyst activity, reinforcing that upgrades/targets are moving near‑term flows. Trading 1.9% Higher on Analyst Upgrade
• Positive Sentiment: Short interest fell about 14.8% in January, which reduces potential short‑squeeze risk and indicates less bearish positioning heading into earnings updates and catalyst events. Short Interest Down 14.8% in January
• Positive Sentiment: Programmatic progress: Lockheed completed the first operational test phase for its A4 radar — a technical milestone that supports future contract value and product credibility. Lockheed Martin Completes First Operational Test Phase For A4 Radar
• Neutral Sentiment: UBS/TipRanks reiterated a Hold on LMT with a $663 target, noting segment growth and cash‑flow strengths but flagging pension normalization and delayed free‑cash‑flow inflection — a mixed take that supports a neutral view for longer‑term upside. Lockheed Martin: Segment Growth and Cash Flow Strength Offset…
• Neutral Sentiment: Investor attention metrics show LMT is a trending stock on platforms like Zacks, which can amplify short‑term volume swings but is not a directional fundamental driver by itself. Here is What to Know Beyond Why Lockheed Martin…
• Neutral Sentiment: Coverage roundup: some publications list LMT among industrials with neutral analyst consensus — indicating mixed sentiment across the sell side. Analysts Are Neutral on These Industrial Goods Stocks

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the company. Susquehanna reiterated a “positive” rating and issued a $660.00 price objective on shares of Lockheed Martin in a research report on Thursday, January 15th. Weiss Ratings reiterated a “hold (c)” rating on shares of Lockheed Martin in a report on Wednesday, October 8th. TD Cowen upped their price objective on shares of Lockheed Martin from $600.00 to $670.00 and gave the stock a “hold” rating in a report on Friday. Sanford C. Bernstein reaffirmed a “market perform” rating and issued a $586.00 target price on shares of Lockheed Martin in a research report on Monday, January 12th. Finally, BNP Paribas Exane lifted their target price 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. Five analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Lockheed Martin has an average rating of “Hold” and an average target price of $592.88.

Lockheed Martin Trading Up 0.2%

Shares of NYSE LMT opened at $635.66 on Tuesday. The firm has a 50-day moving average of $513.37 and a 200 day moving average of $482.11. Lockheed Martin Corporation has a 1 year low of $410.11 and a 1 year high of $645.67. The stock has a market cap of $146.25 billion, a P/E ratio of 29.58, a price-to-earnings-growth ratio of 1.81 and a beta of 0.23. The company has a debt-to-equity ratio of 3.05, a current ratio of 1.09 and a quick ratio of 0.94.

Lockheed Martin (NYSE:LMT) last issued its earnings results 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). The firm had revenue of $20.32 billion during the quarter, compared to analysts’ expectations of $19.84 billion. Lockheed Martin had a return on equity of 108.53% and a net margin of 6.69%.The firm’s quarterly revenue was up 9.1% on a year-over-year basis. During the same period last year, the firm posted $7.67 earnings per share. As a group, sell-side analysts expect that Lockheed Martin Corporation will post 27.15 EPS for the current fiscal year.

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.