Donaldson Capital Management LLC Trims Stock Holdings in Lockheed Martin Corporation $LMT

Donaldson Capital Management LLC reduced its position in Lockheed Martin Corporation (NYSE:LMT) by 85.9% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 18,169 shares of the aerospace company’s stock after selling 110,258 shares during the quarter. Donaldson Capital Management LLC’s holdings in Lockheed Martin were worth $9,070,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of LMT. Vanguard Group Inc. grew its position in Lockheed Martin by 1.0% during the 2nd quarter. Vanguard Group Inc. now owns 21,697,527 shares of the aerospace company’s stock worth $10,048,993,000 after purchasing an additional 214,565 shares during the last quarter. Geode Capital Management LLC grew its holdings in shares of Lockheed Martin by 0.4% during the second quarter. Geode Capital Management LLC now owns 4,884,954 shares of the aerospace company’s stock worth $2,256,147,000 after buying an additional 19,459 shares during the last quarter. Legal & General Group Plc increased its position in Lockheed Martin by 0.6% in the 2nd quarter. Legal & General Group Plc now owns 959,510 shares of the aerospace company’s stock valued at $444,387,000 after acquiring an additional 6,073 shares during the period. AQR Capital Management LLC raised its stake in Lockheed Martin by 6.9% during the 2nd quarter. AQR Capital Management LLC now owns 863,839 shares of the aerospace company’s stock valued at $400,079,000 after acquiring an additional 55,607 shares during the last quarter. Finally, Ameriprise Financial Inc. raised its stake in Lockheed Martin by 16.6% during the 2nd quarter. Ameriprise Financial Inc. now owns 761,382 shares of the aerospace company’s stock valued at $347,381,000 after acquiring an additional 108,553 shares during the last quarter. 74.19% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on LMT shares. Deutsche Bank Aktiengesellschaft lifted their target price on Lockheed Martin from $492.00 to $611.00 and gave the company a “hold” rating in a research note on Friday. Robert W. Baird lifted their price objective on shares of Lockheed Martin from $550.00 to $640.00 and gave the company an “outperform” rating in a research report on Friday, January 16th. BNP Paribas Exane upped their price objective on shares of Lockheed Martin from $550.00 to $570.00 and gave the stock an “outperform” rating in a research report on Thursday, January 8th. JPMorgan Chase & Co. lifted their target price on shares of Lockheed Martin from $515.00 to $680.00 and gave the company a “neutral” rating in a report on Friday. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Lockheed Martin in a research note on Wednesday, October 8th. Five analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $577.29.

Key Headlines Impacting Lockheed Martin

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

• Positive Sentiment: Company outlook and defense demand — Lockheed gave an upbeat 2026 profit/revenue outlook and cited strong fighter-jet and missile demand alongside a record backlog that supports multi‑year revenue visibility. Reuters: Lockheed Martin forecasts upbeat 2026 profit, revenue
• Positive Sentiment: THAAD and production ramp — Lockheed signed a framework to quadruple THAAD interceptor output (to ~400/year) and will expand munitions capacity, a clear revenue/margin tailwind if sustained. PR Newswire: Lockheed Martin and U.S. Department of War sign framework agreement
• Positive Sentiment: Analyst price-target lifts — Several firms raised targets this morning (Truist to $695, JPMorgan to $680, TD Cowen to $670, RBC to $650), supporting the stock’s upside narrative. MarketScreener: Truist raises price target MarketScreener: JPMorgan raises price target MarketScreener: TD Cowen raises price target MarketScreener: RBC raises price target
• Neutral Sentiment: Q4 results were mixed — revenue and cash flow were strong and backlog is record‑high, but reported EPS comparisons and some measure revisions caused mixed headlines; investors are weighing growth vs. margin/earnings trajectory. PR Newswire: Q4 and FY2025 results
• Neutral Sentiment: FY2026 guidance: narrow differences vs. consensus — management issued EPS guidance of 29.35–30.25 and revenue guidance roughly $77.5B–$80.0B, close to Street expectations but leaving little margin for surprise; this reduces forecast risk but limits upside if growth slows. Reuters: Guidance details
• Negative Sentiment: Some analyst caution remains — Deutsche Bank raised its target but still implies a modest downside versus current levels, showing not all brokers see large incremental upside. MarketScreener: Deutsche Bank raises target but below current price
• Negative Sentiment: Insider selling flagged — recent disclosed insider sales (no purchases) could be read as minor negative signal for sentiment or liquidity needs. QuiverQuant: Q4 earnings and insider activity

Lockheed Martin Trading Up 1.9%

Shares of Lockheed Martin stock opened at $634.31 on Friday. The company has a 50-day moving average of $509.69 and a two-hundred day moving average of $480.88. Lockheed Martin Corporation has a 12-month low of $410.11 and a 12-month high of $645.67. The company has a current ratio of 1.09, a quick ratio of 0.97 and a debt-to-equity ratio of 3.05. The stock has a market cap of $146.78 billion, a PE ratio of 29.52, a price-to-earnings-growth ratio of 1.78 and a beta of 0.24.

Lockheed Martin (NYSE:LMT) last released its quarterly earnings results on Thursday, January 29th. The aerospace company reported $5.80 earnings per share for the quarter, missing analysts’ consensus estimates of $6.33 by ($0.53). The firm had revenue of $20.32 billion during the quarter, compared to analyst estimates of $19.84 billion. Lockheed Martin had a return on equity of 108.53% and a net margin of 6.69%.The business’s revenue was up 9.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $7.67 EPS. On average, research analysts anticipate that Lockheed Martin Corporation will post 27.15 EPS for the current fiscal year.

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.