Wellington Management Group LLP Has $1.19 Billion Stake in Lockheed Martin Corporation $LMT

Wellington Management Group LLP raised its holdings in Lockheed Martin Corporation (NYSE:LMT) by 3.4% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 2,384,753 shares of the aerospace company’s stock after purchasing an additional 79,491 shares during the quarter. Wellington Management Group LLP owned approximately 1.03% of Lockheed Martin worth $1,190,493,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Carnegie Investment Counsel lifted its position in Lockheed Martin by 11.4% during the 3rd quarter. Carnegie Investment Counsel now owns 29,639 shares of the aerospace company’s stock worth $14,796,000 after buying an additional 3,031 shares in the last quarter. VCI Wealth Management LLC bought a new stake in Lockheed Martin during the 3rd quarter worth about $3,075,000. DAVENPORT & Co LLC increased its position 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 in the last quarter. Farther Finance Advisors LLC increased its position in Lockheed Martin by 29.2% in the 3rd quarter. Farther Finance Advisors LLC now owns 10,036 shares of the aerospace company’s stock valued at $5,010,000 after acquiring an additional 2,270 shares in the last quarter. Finally, Oppenheimer & Co. Inc. raised its stake 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 worth $19,674,000 after acquiring an additional 3,352 shares during the last quarter. Institutional investors and hedge funds own 74.19% of the company’s stock.

Wall Street Analysts Forecast Growth

LMT has been the topic of a number of research reports. Robert W. Baird upped their target price 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. Argus boosted their price objective on shares of Lockheed Martin from $530.00 to $735.00 and gave the stock a “buy” rating in a research report on Friday, March 6th. UBS Group upped their price objective on Lockheed Martin from $580.00 to $663.00 and gave the stock a “neutral” rating in a report on Monday, February 2nd. Jefferies Financial Group increased their price objective on Lockheed Martin from $540.00 to $630.00 and gave the company a “hold” rating in a research report on Sunday, February 1st. Finally, 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, January 30th. Six investment analysts have rated the stock with a Buy rating, fifteen have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $618.95.

Lockheed Martin News Summary

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

• Positive Sentiment: Lockheed is expanding F‑35 capabilities with new weapons, data‑sharing and production wins, supporting longer‑term aircraft revenue and backlog growth. Is LMT Expanding F-35 Capabilities to Strengthen Air Dominance?
• Positive Sentiment: Lockheed won a role providing an anti‑jamming payload for Japan’s next‑generation defense satellite communications program—an international program that should add program revenue and deepen strategic ties. Lockheed Martin Corporation (LMT) To Provide Anti-Jamming Payload For Japan’s Next-Generation Defense Satellite Communication System
• Positive Sentiment: Analysts and coverage note a defense demand tailwind—ramping munitions and system production globally—which supports multi‑year revenue visibility for primes like Lockheed. Lockheed Martin And RTX Stock: Rising Pillars Of Modern Defense
• Positive Sentiment: Firefly Aerospace’s Alpha Flight 7 successfully reached orbit and delivered a Lockheed payload—a technical validation and positive PR for Lockheed’s space customers and partners (though the immediate financial impact to Lockheed is likely limited). Firefly Aerospace Successfully Launches Alpha Flight 7
• Neutral Sentiment: Roth Capital and other coverage are focusing on Firefly’s momentum after the Alpha flight; that attention can buoy aerospace sentiment but mainly benefits smaller launch suppliers rather than big primes directly. Roth ‘encouraged’ by FireFly’s successful Alpha flight
• Neutral Sentiment: Market commentary and retrospectives (including long‑term performance pieces) reinforce Lockheed’s defensive, dividend‑paying profile—useful context but unlikely to move the stock near‑term. $1000 Invested In Lockheed Martin 20 Years Ago Would Be Worth This Much Today
• Negative Sentiment: Lockheed’s most recent quarterly report showed an EPS miss vs. estimates (and year‑over‑year EPS decline), which keeps some traders cautious on near‑term earnings momentum despite revenue growth. (This remains a primary driver of short‑term volatility.)
• Negative Sentiment: Valuation and balance‑sheet factors (premium P/E, elevated debt‑to‑equity) leave less room for disappointment vs. peers; with investors rotating into higher‑beta space and launch names, Lockheed can see short‑term selling pressure.

Lockheed Martin Trading Down 1.0%

NYSE:LMT opened at $646.24 on Friday. The company has a debt-to-equity ratio of 3.05, a current ratio of 1.09 and a quick ratio of 0.94. The business’s 50-day simple moving average is $616.53 and its 200-day simple moving average is $524.82. Lockheed Martin Corporation has a fifty-two week low of $410.11 and a fifty-two week high of $692.00. The stock has a market capitalization of $148.69 billion, a PE ratio of 30.07, a price-to-earnings-growth ratio of 1.18 and a beta of 0.22.

Lockheed Martin (NYSE:LMT) last posted its earnings results on Thursday, January 29th. The aerospace company reported $5.80 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $6.33 by ($0.53). The business had revenue of $20.32 billion for the quarter, compared to the consensus estimate of $19.84 billion. Lockheed Martin had a return on equity of 108.53% and a net margin of 6.69%.Lockheed Martin’s revenue for the quarter was up 9.1% compared to the same quarter last year. During the same period in the previous year, the company posted $7.67 earnings per share. Sell-side analysts expect that Lockheed Martin Corporation will post 27.15 earnings per share for the current fiscal year.

Lockheed Martin Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 27th. Stockholders of record on Monday, March 2nd will be given a dividend of $3.45 per share. The ex-dividend date of this dividend is Monday, March 2nd. This represents a $13.80 annualized dividend and a dividend yield of 2.1%. Lockheed Martin’s dividend payout ratio is currently 64.22%.

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.