Lockheed Martin Corporation $LMT Stake Boosted by First Trust Advisors LP

Key Points

• First Trust Advisors LP increased its stake in Lockheed Martin by 286.1% in Q3, adding 373,027 shares to hold 503,428 shares worth about $251.3 million (≈0.22% of the company).
• Several firms have lifted price targets recently, but the stock’s consensus rating remains Hold with an average target of $618.95.
• Lockheed missed Q3 EPS ($5.80 vs. $6.33 expected) while revenue beat ($20.32B), and the company announced a $3.45 quarterly dividend (annualized $13.80; yield ~2.1%; ex-dividend March 2).

First Trust Advisors LP boosted its stake in shares of Lockheed Martin Corporation (NYSE:LMT - Free Report) by 286.1% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 503,428 shares of the aerospace company's stock after buying an additional 373,027 shares during the period. First Trust Advisors LP owned about 0.22% of Lockheed Martin worth $251,316,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the company. Legacy Capital Group California Inc. grew its position in Lockheed Martin by 32.5% during the 3rd quarter. Legacy Capital Group California Inc. now owns 1,522 shares of the aerospace company's stock worth $760,000 after purchasing an additional 373 shares in the last quarter. Modern Wealth Management LLC lifted its holdings in shares of Lockheed Martin by 7.3% in the third quarter. Modern Wealth Management LLC now owns 3,364 shares of the aerospace company's stock valued at $1,679,000 after purchasing an additional 230 shares in the last quarter. Trustmark Bank Trust Department acquired a new stake in shares of Lockheed Martin in the third quarter worth $221,000. Gabelli Funds LLC grew its holdings in shares of Lockheed Martin by 18.6% during the third quarter. Gabelli Funds LLC now owns 16,938 shares of the aerospace company's stock valued at $8,456,000 after buying an additional 2,660 shares in the last quarter. Finally, Gamco Investors INC. ET AL grew its holdings in shares of Lockheed Martin by 31.6% during the third quarter. Gamco Investors INC. ET AL now owns 2,960 shares of the aerospace company's stock valued at $1,477,000 after buying an additional 710 shares in the last quarter. 74.19% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the company. Citigroup increased their price objective on Lockheed Martin from $592.00 to $673.00 and gave the stock a "neutral" rating in a research note on Thursday, February 5th. Jefferies Financial Group lifted their target price on Lockheed Martin from $540.00 to $630.00 and gave the company a "hold" rating in a research note on Sunday, February 1st. BNP Paribas Exane increased their price target on shares of Lockheed Martin from $550.00 to $570.00 and gave the stock an "outperform" rating in a research report on Thursday, January 8th. Deutsche Bank Aktiengesellschaft raised their price target on shares of Lockheed Martin from $492.00 to $611.00 and gave the stock a "hold" rating in a report on Friday, January 30th. Finally, Royal Bank Of Canada boosted their price objective on shares of Lockheed Martin from $615.00 to $650.00 and gave the company a "sector perform" rating in a research report on Friday, January 30th. Six research analysts have rated the stock with a Buy rating, fifteen have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Hold" and an average price target of $618.95.

Lockheed Martin Stock Performance

LMT opened at $672.02 on Friday. The company has a debt-to-equity ratio of 3.05, a quick ratio of 0.94 and a current ratio of 1.09. The company has a market cap of $154.62 billion, a PE ratio of 31.27, a price-to-earnings-growth ratio of 1.21 and a beta of 0.22. The stock has a 50-day moving average of $600.07 and a 200-day moving average of $518.16. Lockheed Martin Corporation has a 52-week low of $410.11 and a 52-week high of $692.00.

Lockheed Martin (NYSE:LMT - Get Free Report) last issued its quarterly earnings data 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 company 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 revenue was up 9.1% on a year-over-year basis. During the same period in the previous year, the business posted $7.67 earnings per share. As a group, equities research analysts forecast that Lockheed Martin Corporation will post 27.15 earnings per share for the current fiscal year.

Lockheed Martin Announces Dividend

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

Trending Headlines about Lockheed Martin

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

• Positive Sentiment: White House meeting: President Trump urged defense CEOs to boost manufacturing and said companies agreed to "quadruple production" of key weaponry—this direct call for faster output supports expectations of larger government orders and helped lift defense names including LMT. Trump says defense CEOs agree to quadruple production of `Exquisite Class' weaponry
• Positive Sentiment: Market reaction / headlines: Coverage noting "missiles not dividends" and reports that RTX and LMT rose after the White House push amplified the sector rally and investor focus on production and restocking demand. ‘Missiles Not Dividends’: Trump Tells Defense Stocks to Ramp Up Production – RTX and LMT Rise
• Positive Sentiment: Operational developments: Cancellation of a major 82nd Airborne training exercise stoked speculation of possible deployments—signals that could translate into more near‑term demand for platforms and munitions where Lockheed is a key supplier. Army Cancels 82nd Airborne Training Exercise as Iran Conflict Escalates, No Ground Deployment Orders Issued
• Positive Sentiment: Analyst/sector notes: Strategy pieces and lists of defense stocks to watch emphasize stronger demand for fighter jets, missiles and air‑defense systems—supporting LMT’s growth outlook if the conflict persists and restocking accelerates. 3 Defense Stocks to Watch Amid Rising Middle East Tensions
• Neutral Sentiment: Longer‑term tech investments: Lockheed’s new terahertz sensing and quantum ML collaborations signal R&D and capability expansion that support the company’s secure backlog and long‑term competitive position, but these are multi‑year catalysts rather than immediate revenue drivers. Lockheed Martin Bets On Terahertz Sensing And Quantum Machine Learning
• Neutral Sentiment: Background/market context: Articles highlighting past returns and sector overviews (e.g., retrospective investment pieces, space stock lists) provide context for investor interest but are less likely to change near‑term fundamentals. Had You Invested $1,000 in Northrop Grumman or Lockheed Martin a Decade Ago, Here’s What You’d Have Now

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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