BNP Paribas Financial Markets Sells 51,953 Shares of Lockheed Martin Corporation $LMT

Key Points

• BNP Paribas Financial Markets cut its Lockheed Martin stake by 19.8% in Q3, selling 51,953 shares and now holds 210,277 shares (about 0.09% of the company) valued at roughly $105 million.
• Lockheed’s latest quarter beat revenue estimates ($20.32B vs. $19.84B) with revenue up 9.1% year‑over‑year, but it missed on EPS ($5.80 vs. $6.33), a result that may pressure near‑term sentiment.
• The company declared a $3.45 quarterly dividend (annualized $13.80, ~2.1% yield), while analysts have raised some price targets but the consensus rating remains a Hold with an average target near $618.95.

BNP Paribas Financial Markets lessened its stake in Lockheed Martin Corporation (NYSE:LMT - Free Report) by 19.8% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 210,277 shares of the aerospace company's stock after selling 51,953 shares during the period. BNP Paribas Financial Markets owned 0.09% of Lockheed Martin worth $104,972,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the stock. Barnes Dennig Private Wealth Management LLC boosted its holdings in shares of 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 period. Grey Fox Wealth Advisors LLC purchased a new position in Lockheed Martin during the 3rd quarter worth $27,000. Twin Peaks Wealth Advisors LLC bought a new stake in Lockheed Martin during the 2nd quarter valued at $29,000. Pilgrim Partners Asia Pte Ltd bought a new stake in Lockheed Martin during the 3rd quarter valued at $35,000. Finally, Physician Wealth Advisors Inc. lifted its holdings in shares of Lockheed Martin by 61.7% in the 3rd quarter. Physician Wealth Advisors Inc. now owns 76 shares of the aerospace company's stock worth $38,000 after buying an additional 29 shares during the period. 74.19% of the stock is owned by hedge funds and other institutional investors.

Lockheed Martin Stock Performance

Shares of Lockheed Martin stock opened at $653.01 on Friday. The company has a market capitalization of $150.25 billion, a PE ratio of 30.39, a P/E/G ratio of 1.17 and a beta of 0.22. The company has a 50-day simple moving average of $613.54 and a two-hundred day simple moving average of $523.44. Lockheed Martin Corporation has a one year low of $410.11 and a one year high of $692.00. The company has a debt-to-equity ratio of 3.05, a quick ratio of 0.94 and a current ratio of 1.09.

Lockheed Martin (NYSE:LMT - Get Free Report) last released its quarterly earnings results on Thursday, January 29th. The aerospace company reported $5.80 earnings per share for the quarter, missing analysts' consensus estimates of $6.33 by ($0.53). The firm had revenue of $20.32 billion during the quarter, compared to the consensus estimate of $19.84 billion. Lockheed Martin had a net margin of 6.69% and a return on equity of 108.53%. The firm's quarterly revenue was up 9.1% on a year-over-year basis. During the same quarter in the prior year, the business posted $7.67 earnings per share. Research analysts expect that Lockheed Martin Corporation will post 27.15 EPS for the current fiscal year.

Lockheed Martin Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, March 27th. Shareholders of record on Monday, March 2nd will be issued a $3.45 dividend. This represents a $13.80 annualized dividend and a yield of 2.1%. The ex-dividend date of this dividend is Monday, March 2nd. Lockheed Martin's payout ratio is currently 64.22%.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the company. JPMorgan Chase & Co. raised their price target on Lockheed Martin from $515.00 to $680.00 and gave the company a "neutral" rating in a research note on Friday, January 30th. Citigroup increased their target price on shares of Lockheed Martin from $592.00 to $673.00 and gave the stock a "neutral" rating in a report on Thursday, February 5th. Wall Street Zen downgraded shares of Lockheed Martin from a "strong-buy" rating to a "buy" rating in a research report on Sunday, February 8th. Jefferies Financial Group upped their price target on shares of Lockheed Martin from $540.00 to $630.00 and gave the stock a "hold" rating in a research report on Sunday, February 1st. Finally, Deutsche Bank Aktiengesellschaft increased their price objective on shares of Lockheed Martin from $492.00 to $611.00 and gave the company a "hold" rating in a research note on Friday, January 30th. Six investment analysts have rated the stock with a Buy rating, fifteen have assigned a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Hold" and a consensus price target of $618.95.

More Lockheed Martin News

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

• Positive Sentiment: Expanded F‑35 capabilities — Reports say Lockheed is rolling out advanced weapons, improved data‑sharing systems and new production contracts for the F‑35 as global demand rises, which supports future revenue, backlog and long‑cycle program cash flow. Is LMT Expanding F-35 Capabilities to Strengthen Air Dominance?
• Positive Sentiment: Japan satellite contract role — Lockheed will provide an anti‑jamming payload for Japan’s next‑generation defense satellite communications system as a mission partner to Mitsubishi Electric, strengthening its international space/communications revenue stream and foothold in allied programs. Lockheed Martin Corporation (LMT) To Provide Anti-Jamming Payload For Japan’s Next-Generation Defense Satellite Communication System
• Positive Sentiment: Payload delivered to orbit — Firefly Aerospace’s successful Alpha Flight 7 carried a Lockheed payload to orbit, validating Lockheed’s use of emerging launch partners and advancing its space demonstrators/capability deployments; this reduces program risk and supports future space revenue. Firefly Rockets Lockheed Payload To Orbit: Is FLY a High‑Beta Defense Trade?
• Positive Sentiment: Geopolitical tailwinds — Coverage noting risks in the Strait of Hormuz and related regional tensions highlights increased demand for detection, maritime defense, missiles and ISR systems — areas where Lockheed is a primary supplier. Clear the Strait of Hormuz? Watch These Defense Stocks.
• Neutral Sentiment: Long‑term performance note — A retrospective piece shows strong multi‑decade returns for LMT shareholders, useful context for buy‑and‑hold investors but not an immediate catalyst. $1000 Invested In Lockheed Martin 20 Years Ago Would Be Worth This Much Today
• Neutral Sentiment: Peer comparison — Industry write‑ups comparing Lockheed to L3Harris help investors assess relative valuation and exposure (airframes vs. electronics), but are background analysis rather than direct catalysts. Lockheed Martin vs. L3Harris: Which Defense Giant Belongs in Your Portfolio?
• Negative Sentiment: Quarterly EPS miss — Lockheed’s Jan. 29 quarter reported revenue above estimates but EPS below consensus (reduced quarterly EPS vs. prior year), which could weigh on near‑term sentiment despite the offsetting contract/news flow.

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.

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