Lockheed Martin Corporation $LMT Shares Purchased by Gateway Investment Advisers LLC

Gateway Investment Advisers LLC increased its stake in shares of Lockheed Martin Corporation (NYSE:LMT) by 54.1% in the 4th quarter, Holdings Channel.com reports. The firm owned 6,428 shares of the aerospace company’s stock after purchasing an additional 2,258 shares during the period. Gateway Investment Advisers LLC’s holdings in Lockheed Martin were worth $3,109,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently modified their holdings of the company. Oppenheimer & Co. Inc. increased its position in shares of Lockheed Martin by 9.3% in the third quarter. Oppenheimer & Co. Inc. now owns 39,410 shares of the aerospace company’s stock valued at $19,674,000 after buying an additional 3,352 shares in the last quarter. Welch Group LLC increased its position in shares of Lockheed Martin by 1.5% in the fourth quarter. Welch Group LLC now owns 132,684 shares of the aerospace company’s stock valued at $64,175,000 after buying an additional 1,999 shares in the last quarter. Jain Global LLC purchased a new position in shares of Lockheed Martin in the third quarter valued at $38,064,000. Clough Capital Partners L P purchased a new position in shares of Lockheed Martin in the third quarter valued at $31,018,000. Finally, Pacific Heights Asset Management LLC increased its position in shares of Lockheed Martin by 33.9% in the third quarter. Pacific Heights Asset Management LLC now owns 75,000 shares of the aerospace company’s stock valued at $37,441,000 after buying an additional 19,000 shares in the last quarter. 74.19% of the stock is owned by institutional investors and hedge funds.

Lockheed Martin News Roundup

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

• Positive Sentiment: Geopolitical tension and a large new weapons package approved for Middle East allies are reinforcing long-term demand for defense systems, which could support Lockheed Martin’s backlog and revenue outlook. Rubio Approves $25.8 Billion in Weapons Push for Mideast Nations
• Positive Sentiment: Some market commentary argues the post-earnings selloff may have pushed Lockheed Martin into oversold territory, suggesting the weak quarter could be a one-off rather than a sign of a structural slowdown. Why Lockheed Martin’s Earnings Miss Could Be a Blessing in Disguise
• Neutral Sentiment: J.P. Morgan reaffirmed its Hold rating, and another note lowered its price target to $605, signaling caution but not a major deterioration in the long-term thesis. J.P. Morgan Sticks to Its Hold Rating for Lockheed Martin (LMT)
• Neutral Sentiment: Investor interest remains elevated, with recent articles highlighting Lockheed Martin as a closely watched value and defense stock rather than introducing a new company-specific catalyst. Is Trending Stock Lockheed Martin Corporation (LMT) a Buy Now?
• Negative Sentiment: The company’s latest earnings release missed on both top and bottom lines, which is the main fundamental reason investors are selling the stock. Why Lockheed Martin’s Earnings Miss Could Be a Blessing in Disguise

Lockheed Martin Stock Down 1.1%

Shares of NYSE:LMT opened at $506.79 on Friday. The stock’s 50-day moving average price is $608.10 and its two-hundred day moving average price is $554.07. The company has a current ratio of 1.14, a quick ratio of 0.94 and a debt-to-equity ratio of 2.74. Lockheed Martin Corporation has a 12-month low of $410.11 and a 12-month high of $692.00. The firm has a market cap of $116.85 billion, a price-to-earnings ratio of 24.54, a PEG ratio of 0.93 and a beta of 0.10.

Lockheed Martin (NYSE:LMT) last issued its quarterly earnings results on Thursday, April 23rd. The aerospace company reported $6.44 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $6.79 by ($0.35). Lockheed Martin had a return on equity of 101.64% and a net margin of 6.38%.The business had revenue of $18.02 billion during the quarter, compared to analyst estimates of $18.38 billion. During the same period in the previous year, the business posted $7.28 earnings per share. The firm’s quarterly revenue was up .3% on a year-over-year basis. Lockheed Martin has set its FY 2026 guidance at 29.350-30.250 EPS. On average, research analysts forecast that Lockheed Martin Corporation will post 29.88 EPS for the current year.

Analyst Ratings Changes

A number of analysts recently commented on LMT shares. UBS Group increased their price objective on Lockheed Martin from $580.00 to $663.00 and gave the company a “neutral” rating in a research note on Monday, February 2nd. DZ Bank raised Lockheed Martin from a “hold” rating to a “strong-buy” rating in a research note on Thursday, April 30th. Citigroup increased their price objective on Lockheed Martin from $673.00 to $675.00 and gave the company a “neutral” rating in a research note on Wednesday, April 1st. Weiss Ratings lowered Lockheed Martin from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, April 29th. Finally, JPMorgan Chase & Co. decreased their price objective on Lockheed Martin from $680.00 to $605.00 and set a “neutral” rating on the stock in a research note on Tuesday. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Lockheed Martin has a consensus rating of “Hold” and an average target price of $628.63.

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.