Securian Asset Management Inc. Trims Stake in Lockheed Martin Corporation $LMT

Securian Asset Management Inc. lessened its holdings in shares of Lockheed Martin Corporation (NYSE:LMT) by 9.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 9,977 shares of the aerospace company’s stock after selling 983 shares during the quarter. Securian Asset Management Inc.’s holdings in Lockheed Martin were worth $4,981,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Tableaux LLC grew its holdings in Lockheed Martin by 34,231.4% during the second quarter. Tableaux LLC now owns 623,115 shares of the aerospace company’s stock valued at $288,589,000 after purchasing an additional 621,300 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of Lockheed Martin by 169.3% during the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 572,272 shares of the aerospace company’s stock valued at $265,030,000 after buying an additional 359,748 shares in the last quarter. Vanguard Group Inc. grew its stake in shares of Lockheed Martin by 1.0% during the 2nd quarter. Vanguard Group Inc. now owns 21,697,527 shares of the aerospace company’s stock valued at $10,048,993,000 after acquiring an additional 214,565 shares during the period. Holocene Advisors LP bought a new stake in Lockheed Martin during the 2nd quarter worth approximately $92,628,000. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new position in Lockheed Martin during the second quarter valued at approximately $89,850,000. 74.19% of the stock is currently owned by hedge funds and other institutional investors.

Lockheed Martin News Roundup

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

• Positive Sentiment: Landmark Pentagon agreement to expand PAC‑3 MSE production capacity from ~600 to 2,000 units annually over seven years — this increases Lockheed’s near‑term revenue visibility, production leverage and backlog, and is the primary driver of today’s strength. Article Title
• Positive Sentiment: Company press release/department confirmation outlines framework to accelerate PAC‑3 deliveries to U.S. forces and allies — supports sustained higher production rates and long-term program economics. Article Title
• Positive Sentiment: Broader defense tailwinds following recent U.S. military action in Venezuela have lifted investor interest across the sector, helping boost Lockheed shares alongside peers. Article Title
• Neutral Sentiment: Market coverage and commentaries noted LMT as a trending defense stock; heightened attention can increase volume and volatility ahead of quarterly results. Article Title
• Neutral Sentiment: Lockheed scheduled a webcast for its Q4 and full‑year 2025 results on Jan. 29 — investors will be watching guidance and margin commentary for confirmation that the PAC‑3 ramp translates to improved profitability. Article Title
• Negative Sentiment: Zacks Research trimmed several near‑term and FY2027 EPS estimates modestly (Q3/Q2 and FY2027 revisions down by cents). The cuts are small but remind investors that analyst outlooks can be revised even as contract wins boost revenue — a possible short‑term headwind to sentiment.

Lockheed Martin Stock Performance

Shares of NYSE:LMT opened at $522.06 on Wednesday. The company has a quick ratio of 0.97, a current ratio of 1.13 and a debt-to-equity ratio of 3.32. Lockheed Martin Corporation has a 52 week low of $410.11 and a 52 week high of $538.73. The firm has a fifty day simple moving average of $472.00 and a two-hundred day simple moving average of $466.96. The stock has a market capitalization of $120.80 billion, a P/E ratio of 29.15, a PEG ratio of 1.45 and a beta of 0.24.

Lockheed Martin (NYSE:LMT) last posted its quarterly earnings data on Tuesday, October 21st. The aerospace company reported $6.95 earnings per share (EPS) for the quarter, beating the consensus estimate of $6.33 by $0.62. The business had revenue of $18.61 billion during the quarter, compared to analyst estimates of $18.45 billion. Lockheed Martin had a return on equity of 111.84% and a net margin of 5.73%.The company’s revenue for the quarter was up 8.8% on a year-over-year basis. During the same period last year, the company earned $6.84 EPS. Lockheed Martin has set its FY 2025 guidance at 22.150-22.350 EPS. On average, analysts expect that Lockheed Martin Corporation will post 27.15 earnings per share for the current fiscal year.

Lockheed Martin Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 30th. Investors of record on Monday, December 1st were given a $3.45 dividend. This is an increase from Lockheed Martin’s previous quarterly dividend of $3.30. The ex-dividend date of this dividend was Monday, December 1st. This represents a $13.80 dividend on an annualized basis and a yield of 2.6%. Lockheed Martin’s dividend payout ratio is currently 77.05%.

Analyst Upgrades and Downgrades

LMT has been the subject of several recent analyst reports. Truist Financial upped their target price on shares of Lockheed Martin from $440.00 to $500.00 and gave the stock a “hold” rating in a report on Wednesday, October 15th. Citigroup began coverage on Lockheed Martin in a research note on Thursday, December 11th. They issued a “neutral” rating and a $505.00 price objective for the company. Susquehanna lifted their target price on Lockheed Martin from $490.00 to $590.00 and gave the company a “positive” rating in a research note on Thursday, October 9th. Royal Bank Of Canada upped their price target on Lockheed Martin from $440.00 to $525.00 and gave the stock a “sector perform” rating in a research note on Tuesday, October 7th. Finally, The Goldman Sachs Group lifted their price objective on shares of Lockheed Martin from $398.00 to $425.00 and gave the company a “sell” rating in a research report on Friday, October 10th. Two analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating, seventeen have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $506.18.

Insider Activity

In other news, COO John Frank A. St sold 7,792 shares of the company’s stock in a transaction that occurred on Thursday, October 23rd. The stock was sold at an average price of $491.04, for a total transaction of $3,826,183.68. Following the transaction, the chief operating officer owned 1 shares of the company’s stock, valued at approximately $491.04. This represents a 99.99% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 0.14% of the stock is owned by company insiders.

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.