Lockheed Martin Corporation $LMT Stock Acquired by Farther Finance Advisors LLC

Key Points

• Farther Finance Advisors increased its Lockheed Martin stake by 29.3% in the third quarter, purchasing 5,402 additional shares for a total of 23,810 shares valued at approximately $12.1 million. Institutional investors collectively own 74.19% of the company.
• Lockheed Martin reported quarterly EPS of $7.94, exceeding the $7.22 consensus estimate, while revenue rose 10.5% year over year to $20.06 billion. The company maintained fiscal 2026 EPS guidance of $29.95–$30.65 and pays a $3.45 quarterly dividend.
• Analyst sentiment remains mixed, with a consensus “Hold” rating and an average price target of $634; however, Rothschild & Co. Redburn initiated coverage with a Buy rating and a $650 target. Potential support includes missile-program growth and margin recovery, while the stock’s recent underperformance remains a concern.

Farther Finance Advisors LLC increased its stake in shares of Lockheed Martin Corporation (NYSE:LMT - Free Report) by 29.3% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 23,810 shares of the aerospace company's stock after purchasing an additional 5,402 shares during the period. Farther Finance Advisors LLC's holdings in Lockheed Martin were worth $12,125,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Apella Capital LLC raised its holdings in shares of Lockheed Martin by 8.3% in the third quarter. Apella Capital LLC now owns 6,125 shares of the aerospace company's stock worth $3,058,000 after acquiring an additional 469 shares during the last quarter. Everhart Financial Group Inc. boosted its stake in shares of Lockheed Martin by 2.7% during the third quarter. Everhart Financial Group Inc. now owns 2,311 shares of the aerospace company's stock valued at $1,177,000 after acquiring an additional 61 shares during the last quarter. Valeo Financial Advisors LLC increased its position in Lockheed Martin by 5.8% during the 3rd quarter. Valeo Financial Advisors LLC now owns 13,838 shares of the aerospace company's stock worth $7,047,000 after purchasing an additional 760 shares in the last quarter. Quintet Private Bank Europe S.A. increased its position in Lockheed Martin by 35.5% during the 3rd quarter. Quintet Private Bank Europe S.A. now owns 420 shares of the aerospace company's stock worth $214,000 after purchasing an additional 110 shares in the last quarter. Finally, City Center Advisors LLC raised its stake in Lockheed Martin by 4.1% in the 3rd quarter. City Center Advisors LLC now owns 559 shares of the aerospace company's stock valued at $285,000 after purchasing an additional 22 shares during the last quarter. 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: AIM-260 missile program could improve multiyear revenue visibility. A framework agreement with the Pentagon is expected to accelerate production and delivery of Lockheed Martin’s AIM-260 Joint Advanced Tactical Missile. The program’s growing importance to U.S. air dominance plans could support a longer-term increase in orders and sales. Can Lockheed Martin’s AIM-260 Missile Deliver Multiyear Growth?
• Positive Sentiment: Rothschild & Co. Redburn initiated coverage with a Buy rating and a $650 price target. The target implies substantial upside from recent trading levels and adds to the bullish case for the shares. Rothschild & Co initiates coverage of Lockheed Martin with buy
• Positive Sentiment: Investors continue to point to Lockheed Martin’s large backlog and potential margin recovery. Recent analysis argues that missile growth, improving profitability and resilient defense demand could strengthen the company’s earnings outlook. Lockheed Martin: Missile Growth and Margin Recovery Could Change the Earnings Story
• Neutral Sentiment: Lockheed Martin announced the first flight of Morocco’s first F-16 Block 72, highlighting continued international demand for its aircraft, though the near-term financial impact was not disclosed. Lockheed Martin Announces First Flight of Morocco’s First F-16 Block 72
• Negative Sentiment: The stock recently fell more sharply than the broader market and has significantly lagged the S&P 500 this year. Its position below recent highs and key moving averages remains a technical and performance overhang. Lockheed Martin Suffers a Larger Drop Than the General Market

Wall Street Analysts Forecast Growth

LMT has been the topic of several analyst reports. Rothschild & Co Redburn initiated coverage on shares of Lockheed Martin in a research note on Tuesday. They set a "buy" rating and a $650.00 price target on the stock. TD Cowen cut their price objective on shares of Lockheed Martin from $600.00 to $560.00 and set a "hold" rating for the company in a research report on Monday, July 13th. Jefferies Financial Group reissued a "hold" rating on shares of Lockheed Martin in a research note on Wednesday, September 2nd. Royal Bank Of Canada boosted their price target on Lockheed Martin from $575.00 to $600.00 and gave the company a "sector perform" rating in a report on Friday, July 24th. Finally, Robert W. Baird set a $700.00 price objective on Lockheed Martin in a report on Friday, July 24th. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Lockheed Martin presently has a consensus rating of "Hold" and an average target price of $634.00.

Lockheed Martin Trading Up 1.7%

Shares of LMT opened at $507.81 on Friday. Lockheed Martin Corporation has a twelve month low of $437.25 and a twelve month high of $692.00. The firm has a market capitalization of $117.20 billion, a P/E ratio of 18.72, a price-to-earnings-growth ratio of 1.08 and a beta of 0.09. The company has a current ratio of 1.19, a quick ratio of 1.01 and a debt-to-equity ratio of 2.34. The stock's fifty day simple moving average is $549.35 and its 200 day simple moving average is $547.40.

Lockheed Martin (NYSE:LMT - Get Free Report) last posted its quarterly earnings results on Thursday, July 23rd. The aerospace company reported $7.94 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $7.22 by $0.72. The firm had revenue of $20.06 billion during the quarter, compared to the consensus estimate of $19.34 billion. Lockheed Martin had a return on equity of 91.42% and a net margin of 8.16%.The firm's quarterly revenue was up 10.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.46 earnings per share. Lockheed Martin has set its FY 2026 guidance at 29.950-30.650 EPS. On average, equities research analysts forecast that Lockheed Martin Corporation will post 30.44 earnings per share for the current year.

Lockheed Martin Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, September 25th. Investors of record on Tuesday, September 1st were given a dividend of $3.45 per share. This represents a $13.80 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date of this dividend was Tuesday, September 1st. Lockheed Martin's dividend payout ratio is 50.87%.

Lockheed Martin Profile

Lockheed Martin Corporation is a global aerospace, defense and technology company headquartered in Bethesda, Maryland. The company develops and produces advanced systems for government and commercial customers, with the U.S. Department of Defense and other U.S. government agencies representing its primary customers.

Its principal activities include the design and manufacture of military aircraft, missiles, air and missile defense systems, radar and sensor technologies, naval and rotary-wing systems, satellites, space exploration systems, and cybersecurity and information technology solutions.

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