Lockheed Martin Corporation $LMT Shares Sold by NorthCrest Asset Manangement LLC

NorthCrest Asset Manangement LLC cut its stake in Lockheed Martin Corporation (NYSE:LMT) by 53.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 32,295 shares of the aerospace company’s stock after selling 37,045 shares during the period. NorthCrest Asset Manangement LLC’s holdings in Lockheed Martin were worth $16,521,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Wellington Management Group LLP increased its stake in Lockheed Martin by 3.4% in the 3rd quarter. Wellington Management Group LLP now owns 2,384,753 shares of the aerospace company’s stock valued at $1,190,493,000 after purchasing an additional 79,491 shares in the last quarter. Invesco Ltd. boosted its position in Lockheed Martin by 4.2% during the third quarter. Invesco Ltd. now owns 2,196,058 shares of the aerospace company’s stock worth $1,096,294,000 after purchasing an additional 87,663 shares in the last quarter. Legal & General Group Plc boosted its position in Lockheed Martin by 6.6% during the third quarter. Legal & General Group Plc now owns 1,022,940 shares of the aerospace company’s stock worth $510,662,000 after purchasing an additional 63,430 shares in the last quarter. AQR Capital Management LLC grew its holdings in Lockheed Martin by 6.9% in the second quarter. AQR Capital Management LLC now owns 863,839 shares of the aerospace company’s stock valued at $400,079,000 after purchasing an additional 55,607 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in Lockheed Martin by 41.3% in the third quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 808,409 shares of the aerospace company’s stock valued at $403,534,000 after purchasing an additional 236,137 shares during the last quarter. 74.19% of the stock is currently owned by institutional investors and hedge funds.

Lockheed Martin Stock Down 1.7%

Shares of NYSE LMT opened at $626.64 on Friday. The firm has a market cap of $144.18 billion, a P/E ratio of 29.16, a price-to-earnings-growth ratio of 1.13 and a beta of 0.22. 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 Corporation has a 1 year low of $410.11 and a 1 year high of $692.00. The firm’s 50 day moving average price is $628.41 and its 200 day moving average price is $531.67.

Lockheed Martin (NYSE:LMT) last issued 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). Lockheed Martin had a net margin of 6.69% and a return on equity of 108.53%. The business had revenue of $20.32 billion during the quarter, compared to analyst estimates of $19.84 billion. During the same quarter last year, the firm posted $7.67 earnings per share. The company’s revenue was up 9.1% on a year-over-year basis. As a group, sell-side analysts anticipate that Lockheed Martin Corporation will post 27.15 earnings per share for the current year.

Lockheed Martin Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 27th. Investors of record on Monday, March 2nd will be paid a $3.45 dividend. This represents a $13.80 annualized dividend and a yield of 2.2%. The ex-dividend date is Monday, March 2nd. Lockheed Martin’s dividend payout ratio is presently 64.22%.

Analyst Upgrades and Downgrades

LMT has been the subject of several research reports. DZ Bank downgraded Lockheed Martin from a “buy” rating to a “hold” rating and set a $665.00 price target for the company. in a research note on Tuesday, February 3rd. UBS Group increased their price objective on shares of Lockheed Martin from $580.00 to $663.00 and gave the company a “neutral” rating in a research note on Monday, February 2nd. BNP Paribas Exane raised their target price on shares of Lockheed Martin from $550.00 to $570.00 and gave the company an “outperform” rating in a report on Thursday, January 8th. TD Cowen lifted their target price on shares of Lockheed Martin from $600.00 to $670.00 and gave the stock a “hold” rating in a research report on Friday, January 30th. Finally, Sanford C. Bernstein reaffirmed a “market perform” rating and issued a $654.00 price target on shares of Lockheed Martin in a report on Friday, February 6th. Six analysts have rated the stock with a Buy rating, fifteen have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Lockheed Martin has a consensus rating of “Hold” and a consensus price target of $623.16.

Lockheed Martin News Roundup

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

• Positive Sentiment: Pentagon seeks a roughly $200 billion supplemental tied to the Iran conflict, which analysts say would meaningfully boost defense spending and demand for prime contractors like Lockheed. Pentagon Seeks $200 Billion for Iran War
• Positive Sentiment: Analysis argues the ongoing “Shahed” drone strikes and missile-defense replenishment are creating a missile-defense supercycle that directly benefits Lockheed’s THAAD, PAC‑3 and related programs. Shahed Drone War Creates Missile-Defense Supercycle
• Positive Sentiment: Susquehanna published a bullish forecast calling for strong price appreciation, signaling buy-side conviction that Lockheed’s backlog and cash generation support upside. Susquehanna Forecasts Strong Price Appreciation
• Positive Sentiment: Lockheed won a contract with Fortem Technologies to integrate counter‑drone systems, expanding its C‑UAS offerings and recurring systems-integration revenue. Lockheed Selects Fortem Technologies
• Positive Sentiment: Coverage notes Greece’s air‑defense plans (the “Achilles Shield”) include Lockheed systems, adding incremental export opportunities even if not transformative by itself. What Is the Achilles Shield?
• Neutral Sentiment: Comparisons to peers (Northrop Grumman) highlight similar tailwinds but different program mixes; this frames LMT as attractive to some investors but not a clear standalone winner. Lockheed vs. Northrop Comparison
• Neutral Sentiment: Zacks and other outlets note LMT is a trending stock, reflecting elevated attention that can amplify intraday moves unrelated to fundamentals. Why LMT Is Trending
• Negative Sentiment: Lockheed missed on Q4 EPS (reported 5.80 vs. est. 6.33), which, combined with a high P/E and a recent run-up, can trigger short‑term profit‑taking and downward pressure. Earnings and Trading Data

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.