Corrado Advisors LLC purchased a new stake in Lockheed Martin Corporation (NYSE:LMT – Free Report) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 905 shares of the aerospace company’s stock, valued at approximately $452,000.
Other hedge funds and other institutional investors have also made changes to their positions in the company. Barnes Dennig Private Wealth Management LLC raised its position in Lockheed Martin by 285.7% in the third quarter. Barnes Dennig Private Wealth Management LLC now owns 54 shares of the aerospace company’s stock worth $27,000 after acquiring an additional 40 shares in the last quarter. Grey Fox Wealth Advisors LLC acquired a new position in Lockheed Martin in the third quarter worth approximately $27,000. Mid American Wealth Advisory Group Inc. bought a new stake in shares of Lockheed Martin during the 2nd quarter worth $28,000. Twin Peaks Wealth Advisors LLC acquired a new position in shares of Lockheed Martin in the 2nd quarter worth $29,000. Finally, Pilgrim Partners Asia Pte Ltd acquired a new stake in shares of Lockheed Martin during the third quarter worth $35,000. 74.19% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
Several equities research analysts recently commented on LMT shares. Truist Financial set a $605.00 price target on shares of Lockheed Martin and gave the company a “buy” rating in a research report on Friday, January 9th. Weiss Ratings reissued a “hold (c)” rating on shares of Lockheed Martin in a research note on Wednesday, October 8th. Robert W. Baird increased their price target on shares of Lockheed Martin from $550.00 to $640.00 and gave the stock an “outperform” rating in a research report on Friday, January 16th. The Goldman Sachs Group upped their price target on shares of Lockheed Martin from $398.00 to $425.00 and gave the stock a “sell” rating in a research note on Friday, October 10th. Finally, Wall Street Zen lowered shares of Lockheed Martin from a “strong-buy” rating to a “buy” rating in a research note on Saturday, December 13th. Five research analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Lockheed Martin currently has a consensus rating of “Hold” and an average target price of $543.82.
Lockheed Martin News Roundup
Here are the key news stories impacting Lockheed Martin this week:
- Positive Sentiment: Successful GPS III satellite launch reinforces product execution and GovCon leadership — improves mission capability and supports future contract momentum. Lockheed’s New GPS Satellite Enters Orbit PR: GPS III SV09 Reaches Orbit
- Positive Sentiment: Short interest fell ~14.8% in January, reducing one potential downward pressure on the stock and lowering the days-to-cover — a bullish technical/psychological signal.
- Positive Sentiment: Record backlog (reported at ~$179B) and management guidance tone that hints at an earnings beat give upside potential into the Q4 print if execution holds. Q4 Preview: $179B Backlog
- Neutral Sentiment: Analysts highlight specific KPIs to watch in the Q4 release (segment revenue mix, margins, program charges, free cash flow) — these metrics will determine whether guidance and backlog translate into EPS upside. KPIs to Watch Ahead of Q4
- Neutral Sentiment: Emberpoint wildfire venture shows traction in valuation/momentum checks — a diversification/growth signal but likely immaterial to near-term EPS unless scaled or monetized. Emberpoint Valuation & Momentum Check
- Negative Sentiment: Analyst note warns that higher costs and potential program charges could pressure Q4 profits — a key near-term risk that could trigger downside if management reports unexpected charges or margin erosion. Zacks: Costs & Program Charge Risk Ahead of Q4
- Negative Sentiment: Trade/tariff headlines are prompting Europe to favor domestic defense suppliers in some cases, a structural risk that could limit Lockheed’s international growth in affected markets. MarketBeat: Tariffs Could Shift European Defense Spending
Lockheed Martin Stock Performance
Shares of NYSE:LMT opened at $597.63 on Thursday. The business has a fifty day moving average of $503.11 and a 200-day moving average of $478.69. The firm has a market cap of $138.29 billion, a PE ratio of 33.37, a price-to-earnings-growth ratio of 1.70 and a beta of 0.24. The company has a debt-to-equity ratio of 3.32, a quick ratio of 0.97 and a current ratio of 1.13. Lockheed Martin Corporation has a twelve month low of $410.11 and a twelve month high of $599.32.
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.
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