Gabelli Funds LLC Purchases 2,660 Shares of Lockheed Martin Corporation $LMT

Gabelli Funds LLC boosted its position in Lockheed Martin Corporation (NYSE:LMT) by 18.6% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 16,938 shares of the aerospace company’s stock after purchasing an additional 2,660 shares during the quarter. Gabelli Funds LLC’s holdings in Lockheed Martin were worth $8,456,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Barnes Dennig Private Wealth Management LLC boosted its position in shares of 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 valued at $27,000 after acquiring an additional 40 shares during the period. Grey Fox Wealth Advisors LLC acquired a new position in shares of Lockheed Martin in the third quarter valued at about $27,000. Twin Peaks Wealth Advisors LLC bought a new position in Lockheed Martin during the second quarter worth about $29,000. Pilgrim Partners Asia Pte Ltd acquired a new stake in Lockheed Martin in the 3rd quarter worth about $35,000. Finally, Physician Wealth Advisors Inc. raised its stake in Lockheed Martin by 61.7% in the 3rd quarter. Physician Wealth Advisors Inc. now owns 76 shares of the aerospace company’s stock worth $38,000 after purchasing an additional 29 shares in the last quarter. 74.19% of the stock is owned by institutional investors and hedge funds.

Lockheed Martin Stock Performance

Shares of Lockheed Martin stock opened at $672.02 on Monday. The company has a current ratio of 1.09, a quick ratio of 0.94 and a debt-to-equity ratio of 3.05. The company has a market cap of $154.62 billion, a PE ratio of 31.27, a price-to-earnings-growth ratio of 1.21 and a beta of 0.22. The company has a 50 day moving average of $600.07 and a 200-day moving average of $518.66. Lockheed Martin Corporation has a 1-year low of $410.11 and a 1-year high of $692.00.

Lockheed Martin (NYSE:LMT) last announced its quarterly earnings data 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). Lockheed Martin had a net margin of 6.69% and a return on equity of 108.53%. The firm had revenue of $20.32 billion during the quarter, compared to the consensus estimate of $19.84 billion. During the same period last year, the business earned $7.67 earnings per share. The business’s revenue was up 9.1% compared to the same quarter last year. As a group, equities research analysts forecast that Lockheed Martin Corporation will post 27.15 earnings per share for the current fiscal year.

Lockheed Martin Announces Dividend

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

Lockheed Martin News Roundup

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

• Positive Sentiment: White House meeting: President Trump urged defense CEOs to boost manufacturing and said companies agreed to “quadruple production” of key weaponry—this direct call for faster output supports expectations of larger government orders and helped lift defense names including LMT. Trump says defense CEOs agree to quadruple production of `Exquisite Class’ weaponry
• Positive Sentiment: Market reaction / headlines: Coverage noting “missiles not dividends” and reports that RTX and LMT rose after the White House push amplified the sector rally and investor focus on production and restocking demand. ‘Missiles Not Dividends’: Trump Tells Defense Stocks to Ramp Up Production – RTX and LMT Rise
• Positive Sentiment: Operational developments: Cancellation of a major 82nd Airborne training exercise stoked speculation of possible deployments—signals that could translate into more near‑term demand for platforms and munitions where Lockheed is a key supplier. Army Cancels 82nd Airborne Training Exercise as Iran Conflict Escalates, No Ground Deployment Orders Issued
• Positive Sentiment: Analyst/sector notes: Strategy pieces and lists of defense stocks to watch emphasize stronger demand for fighter jets, missiles and air‑defense systems—supporting LMT’s growth outlook if the conflict persists and restocking accelerates. 3 Defense Stocks to Watch Amid Rising Middle East Tensions
• Neutral Sentiment: Longer‑term tech investments: Lockheed’s new terahertz sensing and quantum ML collaborations signal R&D and capability expansion that support the company’s secure backlog and long‑term competitive position, but these are multi‑year catalysts rather than immediate revenue drivers. Lockheed Martin Bets On Terahertz Sensing And Quantum Machine Learning
• Neutral Sentiment: Background/market context: Articles highlighting past returns and sector overviews (e.g., retrospective investment pieces, space stock lists) provide context for investor interest but are less likely to change near‑term fundamentals. Had You Invested $1,000 in Northrop Grumman or Lockheed Martin a Decade Ago, Here’s What You’d Have Now

Analyst Ratings Changes

LMT has been the topic of a number of analyst reports. Susquehanna restated a “positive” rating and set a $660.00 target price on shares of Lockheed Martin in a research report on Thursday, January 15th. BNP Paribas Exane lifted their price target on shares of Lockheed Martin from $550.00 to $570.00 and gave the company an “outperform” rating in a research report on Thursday, January 8th. DZ Bank cut Lockheed Martin from a “buy” rating to a “hold” rating and set a $665.00 price target for the company. in a research note on Tuesday, February 3rd. Deutsche Bank Aktiengesellschaft increased their price target on Lockheed Martin from $492.00 to $611.00 and gave the stock a “hold” rating in a research report on Friday, January 30th. Finally, Truist Financial lifted their price objective on Lockheed Martin from $605.00 to $695.00 and gave the company a “buy” rating in a report on Friday, January 30th. Six investment analysts have rated the stock with a Buy rating, fifteen have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $618.95.

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.