Lockheed Martin Corporation $LMT Shares Sold by New York State Common Retirement Fund

New York State Common Retirement Fund cut its holdings in shares of Lockheed Martin Corporation (NYSE:LMT) by 5.1% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 228,388 shares of the aerospace company’s stock after selling 12,180 shares during the period. New York State Common Retirement Fund’s holdings in Lockheed Martin were worth $114,014,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Carnegie Investment Counsel lifted its holdings in shares of Lockheed Martin by 11.4% in the third quarter. Carnegie Investment Counsel now owns 29,639 shares of the aerospace company’s stock valued at $14,796,000 after buying an additional 3,031 shares during the period. VCI Wealth Management LLC bought a new stake in Lockheed Martin in the third quarter worth about $3,075,000. DAVENPORT & Co LLC lifted its holdings in Lockheed Martin by 22.4% in the 3rd quarter. DAVENPORT & Co LLC now owns 25,423 shares of the aerospace company’s stock valued at $12,688,000 after acquiring an additional 4,652 shares during the last quarter. Farther Finance Advisors LLC boosted its position in shares of 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 in the last quarter. Finally, Laffer Tengler Investments Inc. boosted its position in shares of 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 in the last quarter. 74.19% of the stock is owned by institutional investors.

Key Stories Impacting Lockheed Martin

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

• Positive Sentiment: Company issued upbeat 2026 profit and revenue guidance citing continued strong demand for fighters and weapons, supporting a bullish outlook for future growth. Lockheed Martin forecasts upbeat 2026 profit, revenue amid rising geopolitical tensions
• Positive Sentiment: Record backlog (~$194B) and rising Pentagon demand for fighters/missiles bolster revenue visibility and underpin multi‑year production plans. Lockheed Martin Reports Fourth Quarter and Full Year 2025 Financial Results
• Positive Sentiment: Lockheed agreed with the U.S. government to quadruple THAAD interceptor production (to ~400/year) and will build a new munitions acceleration center — a clear revenue and margin leverage play for missile programs. Lockheed Martin and U.S. Department of War Sign Framework Agreement to Quadruple THAAD Interceptor Production Capacity
• Positive Sentiment: Q4 revenue was strong (≈$20.3B, +9% YoY) and operating cash flow and free cash flow improved materially, reinforcing balance‑sheet flexibility and cash returns. Lockheed Martin (LMT) Releases Q4 2025 Earnings: Revenue and EPS Beat, Strong Cash Flow
• Neutral Sentiment: Market commentary ties the rally to defense policy and administration procurement posture (short‑term political tailwinds) rather than a single operational surprise. Lockheed Martin’s stock is having its best month in half a century. Thanks, President Trump.
• Neutral Sentiment: Analyst coverage remains broadly positive (multiple buy/overweight ratings and mid‑$500s median target), so expectations are mixed but generally supportive. Lockheed Martin (coverage & targets)
• Negative Sentiment: EPS dynamics are mixed — some outlets report Q4 EPS missed certain consensus figures and EPS is down from the prior year, which highlights execution and margin risk even as revenue grows. Lockheed Martin (LMT) Q4 Earnings Lag Estimates
• Negative Sentiment: Notable insider selling (recent sales by a senior executive) and mixed institutional flows could temper sentiment if execution or margins slip. Insider trading & institutional activity

Analysts Set New Price Targets

LMT has been the subject of several recent research reports. Jefferies Financial Group increased their target price on shares of Lockheed Martin from $500.00 to $540.00 and gave the company a “hold” rating in a research note on Monday, January 12th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Lockheed Martin in a report on Wednesday, October 8th. Citigroup raised their price objective on Lockheed Martin from $505.00 to $592.00 and gave the stock a “neutral” rating in a research note on Tuesday, January 13th. Truist Financial set a $605.00 target price on Lockheed Martin and gave the stock a “buy” rating in a report on Friday, January 9th. Finally, UBS Group upped their target price on Lockheed Martin from $513.00 to $580.00 and gave the company a “neutral” rating in a report on Thursday, January 15th. Five investment analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $543.82.

Lockheed Martin Price Performance

LMT opened at $623.17 on Friday. The firm has a market capitalization of $144.20 billion, a P/E ratio of 34.79, a PEG ratio of 1.71 and a beta of 0.24. The stock has a fifty day moving average of $506.21 and a 200-day moving average of $479.69. 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 12-month low of $410.11 and a 12-month high of $645.67.

Lockheed Martin (NYSE:LMT) last posted its quarterly earnings results on Thursday, January 29th. The aerospace company reported $5.80 earnings per share for the quarter, missing the consensus estimate of $6.33 by ($0.53). The business had revenue of $20.32 billion for the quarter, compared to analyst estimates of $19.84 billion. Lockheed Martin had a net margin of 5.73% and a return on equity of 111.84%. The firm’s quarterly revenue was up 9.1% on a year-over-year basis. During the same period in the previous year, the firm posted $7.67 earnings per share. Equities analysts forecast that Lockheed Martin Corporation will post 27.15 EPS for the current fiscal year.

About Lockheed Martin

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.