Lockheed Martin Corporation $LMT Shares Bought by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. raised its holdings in Lockheed Martin Corporation (NYSE:LMT) by 11.5% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 535,449 shares of the aerospace company’s stock after purchasing an additional 55,056 shares during the period. PNC Financial Services Group Inc.’s holdings in Lockheed Martin were worth $267,302,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Carnegie Investment Counsel increased its position in shares of Lockheed Martin by 11.4% during the third quarter. Carnegie Investment Counsel now owns 29,639 shares of the aerospace company’s stock worth $14,796,000 after acquiring an additional 3,031 shares during the period. VCI Wealth Management LLC purchased a new stake in Lockheed Martin during the 3rd quarter worth about $3,075,000. DAVENPORT & Co LLC raised 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 purchasing an additional 4,652 shares in the last quarter. Farther Finance Advisors LLC boosted its stake in shares of 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 buying an additional 2,270 shares during the period. Finally, Oppenheimer & Co. Inc. grew its position in shares of 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 buying an additional 3,352 shares in the last quarter. 74.19% of the stock is currently owned by hedge funds and other institutional investors.

Trending Headlines about Lockheed Martin

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

• Positive Sentiment: New product/technology win — Lockheed’s Lamprey autonomous undersea vehicle highlights the company’s push into advanced autonomy and unmanned systems, which could expand addressable markets and secure new program awards. Lamprey Undersea Vehicle Puts Lockheed Martin Autonomy Focus In Spotlight
• Positive Sentiment: Defense sales tailwind — The U.S. notified Congress of about $22.5B in possible foreign military sales in January; industry reports name Lockheed among the largest potential beneficiaries, supporting near-term revenue and backlog growth. U.S. International Arms Deals Surge to $22.5 Billion in January
• Positive Sentiment: Sector fundamentals — Analysts note AI-driven tech demand and record defense backlogs that could lift defense suppliers like Lockheed through 2026, underpinning medium-term earnings visibility. Tech Boom & Defense Backlogs: 2 Sectors Poised to Outperform in 2026
• Neutral Sentiment: Market attention — LMT has been among the most-searched stocks on Zacks recently, signaling heightened investor interest that can amplify moves but isn’t directional by itself. Investors Heavily Search Lockheed Martin Corporation (LMT): Here is What You Need to Know
• Negative Sentiment: Analyst downgrade — A Seeking Alpha piece explains reasons for downgrading LMT (valuation/earnings concerns cited), which can pressure sentiment and cap multiple expansion. Lockheed Martin: Why I Am Downgrading This Aerospace And Defense Giant
• Negative Sentiment: Street stance — Recent consensus analyst guidance sits at a “Hold,” suggesting limited near-term upside from current levels until clearer earnings or contract catalysts appear. Lockheed Martin Corporation (NYSE:LMT) Given Consensus Recommendation of “Hold” by Analysts

Lockheed Martin Stock Up 2.3%

LMT opened at $652.41 on Friday. Lockheed Martin Corporation has a one year low of $410.11 and a one year high of $656.34. The company has a debt-to-equity ratio of 3.05, a quick ratio of 0.94 and a current ratio of 1.09. The stock has a market capitalization of $150.11 billion, a P/E ratio of 30.36, a price-to-earnings-growth ratio of 1.18 and a beta of 0.23. The business’s 50-day simple moving average is $545.43 and its 200-day simple moving average is $494.21.

Lockheed Martin (NYSE:LMT) last released its quarterly 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 firm had revenue of $20.32 billion for the quarter, compared to analysts’ expectations of $19.84 billion. Lockheed Martin had a return on equity of 108.53% and a net margin of 6.69%.The company’s quarterly revenue was up 9.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $7.67 EPS. Analysts anticipate that Lockheed Martin Corporation will post 27.15 EPS for the current year.

Lockheed Martin Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 27th. Stockholders of record on Monday, March 2nd will be issued a $3.45 dividend. This represents a $13.80 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date of this dividend is Monday, March 2nd. Lockheed Martin’s dividend payout ratio is presently 64.22%.

Analyst Ratings Changes

LMT has been the subject of a number of recent research reports. Royal Bank Of Canada lifted their price target on shares of Lockheed Martin from $615.00 to $650.00 and gave the stock a “sector perform” rating in a research note on Friday, January 30th. Weiss Ratings raised shares of Lockheed Martin from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, February 6th. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Lockheed Martin from $492.00 to $611.00 and gave the stock a “hold” rating in a research note on Friday, January 30th. Wall Street Zen cut Lockheed Martin from a “strong-buy” rating to a “buy” rating in a research note on Sunday, February 8th. Finally, Susquehanna reaffirmed a “positive” rating and set a $660.00 price objective on shares of Lockheed Martin in a research report on Thursday, January 15th. Six research analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $612.50.

Lockheed Martin Company 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.