Victory Financial Group LLC Has $747,000 Holdings in Lockheed Martin Corporation $LMT

Victory Financial Group LLC cut its position in Lockheed Martin Corporation (NYSE:LMT) by 36.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,544 shares of the aerospace company’s stock after selling 902 shares during the quarter. Victory Financial Group LLC’s holdings in Lockheed Martin were worth $747,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Carnegie Investment Counsel raised its stake in Lockheed Martin by 11.4% in the third quarter. Carnegie Investment Counsel now owns 29,639 shares of the aerospace company’s stock valued at $14,796,000 after buying an additional 3,031 shares during the period. VCI Wealth Management LLC acquired a new position in shares of Lockheed Martin during the 3rd quarter worth approximately $3,075,000. DAVENPORT & Co LLC lifted its holdings in Lockheed Martin by 22.4% during the 3rd quarter. DAVENPORT & Co LLC now owns 25,423 shares of the aerospace company’s stock valued at $12,688,000 after purchasing an additional 4,652 shares during the last quarter. Farther Finance Advisors LLC boosted its position in Lockheed Martin by 29.2% during the third quarter. Farther Finance Advisors LLC now owns 10,036 shares of the aerospace company’s stock worth $5,010,000 after purchasing an additional 2,270 shares during the period. Finally, Oppenheimer & Co. Inc. boosted its position in Lockheed Martin by 9.3% during the third quarter. Oppenheimer & Co. Inc. now owns 39,410 shares of the aerospace company’s stock worth $19,674,000 after purchasing an additional 3,352 shares during the period. 74.19% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting Lockheed Martin

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

• Positive Sentiment: Orion spacecraft built by Lockheed successfully launched on NASA’s Artemis II — a high‑visibility technical win that validates Lockheed’s role on crewed space programs and supports future NASA work and related revenue. Lockheed Martin-built Orion Spacecraft Sends Astronauts Moonward for the First Time in 53 Years
• Positive Sentiment: Pentagon announced a multi‑year framework that lifted defense names, with press reports calling out Boeing and Lockheed as beneficiaries — this signals continued defense spending tailwinds and contract visibility for prime contractors. Boeing Gains 5%, Lockheed Martin Up 2%: Defense Stocks Are Having a Moment as Pentagon Spending Accelerates
• Positive Sentiment: Lockheed opened a Rapid Fielding Center to speed prototyping and delivery — a strategic move to win accelerated government programs and shorten time‑to‑revenue for new systems. Lockheed Martin Opens Rapid Fielding Center, Accelerating Defense Innovation and Production
• Neutral Sentiment: Wells Fargo initiated coverage with an “equal weight” rating and $650 price target — adds institutional attention but is not a decisive bullish endorsement. Lockheed Martin (NYSE:LMT) Coverage Initiated by Analysts at Wells Fargo & Company
• Neutral Sentiment: Citigroup nudged its price target slightly higher to $675 while keeping a “neutral” rating — a marginal positive to PTs but no change in conviction. Citigroup adjusts price target on Lockheed Martin to 675 from 673, maintains neutral rating
• Neutral Sentiment: Lockheed scheduled a Q1 2026 earnings webcast for April 23 — a near‑term event that will provide updated guidance and execution detail investors should watch. Lockheed Martin Announces First-Quarter 2026 Earnings Results Webcast
• Negative Sentiment: Coverage flagged a potential “Artemis reset” and governance questions that could reshape NASA program roles — if NASA reduces Lockheed’s scope on Artemis or shifts architectures, future revenue from space programs could be at risk. Lockheed Martin Faces Artemis Reset And Governance Questions For Future Growth
• Negative Sentiment: Reports that the Air Force cut F‑35 orders roughly in half create near‑term pressure on program volumes and revenue timing for Lockheed’s largest fighter program. This remains a material downside risk to guidance if reductions persist. Lockheed Martin Hit As Pentagon Slashes Air Force’s F-35 Order In Half Amid Budget Cuts

Analyst Upgrades and Downgrades

LMT has been the topic of several research analyst reports. Morgan Stanley set a $675.00 price objective on shares of Lockheed Martin in a research report on Wednesday, February 4th. Citigroup upped their price target on shares of Lockheed Martin from $673.00 to $675.00 and gave the company a “neutral” rating in a research note on Wednesday. Wall Street Zen cut shares of Lockheed Martin from a “strong-buy” rating to a “buy” rating in a report on Sunday, March 22nd. TD Cowen boosted their price objective on Lockheed Martin from $600.00 to $670.00 and gave the stock a “hold” rating in a report on Friday, January 30th. Finally, Argus upped their target price on Lockheed Martin from $530.00 to $735.00 and gave the company a “buy” rating in a research report on Friday, March 6th. Seven equities research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $634.74.

Lockheed Martin Trading Up 2.4%

LMT stock opened at $618.63 on Thursday. Lockheed Martin Corporation has a 52 week low of $410.11 and a 52 week high of $692.00. The company has a market capitalization of $142.57 billion, a PE ratio of 28.79, a price-to-earnings-growth ratio of 1.09 and a beta of 0.22. The company’s 50-day simple moving average is $634.97 and its 200 day simple moving average is $540.22. 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 (NYSE:LMT) last issued its quarterly earnings data 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 return on equity of 108.53% and a net margin of 6.69%.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 earned $7.67 EPS. Lockheed Martin’s revenue for the quarter was up 9.1% compared to the same quarter last year. 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 business also recently declared a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Monday, March 2nd were given a dividend of $3.45 per share. The ex-dividend date of this dividend was Monday, March 2nd. This represents a $13.80 dividend on an annualized basis and a yield of 2.2%. Lockheed Martin’s dividend payout ratio is currently 64.22%.

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.