Russell Investments Group Ltd. Purchases 8,618 Shares of Lockheed Martin Corporation $LMT

Russell Investments Group Ltd. lifted its holdings in Lockheed Martin Corporation (NYSE:LMT) by 9.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 100,574 shares of the aerospace company’s stock after acquiring an additional 8,618 shares during the quarter. Russell Investments Group Ltd.’s holdings in Lockheed Martin were worth $50,202,000 at the end of the most recent reporting period.

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

Key Stories Impacting Lockheed Martin

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

• Positive Sentiment: Large contract wins and program awards — Lockheed reported multiple contract awards that expand near-term backlog and cash flow, including recent U.S. defense contracts worth roughly $761 million. Lockheed Martin wins $761 million in U.S. defense contracts
• Positive Sentiment: Munitions production ramp — Management is working with U.S. partners to substantially increase munitions output (expanded facilities and higher lines) to meet demand from the Middle East, which should boost revenues and near-term government orders. Lockheed Martin Ramps Munitions Output
• Positive Sentiment: Sikorsky autonomy and new product pipeline — Sikorsky (a Lockheed business) and Robinson unveiled the autonomous R66 TURBINETRUCK for cargo/resupply missions; product launches and S-92A+ production increases strengthen growth optionality in rotary platforms. Sikorsky Collaborates with Robinson – R66 TURBINETRUCK Benzinga: Sikorsky, Robinson launch autonomous cargo helicopter
• Positive Sentiment: S-92A+ output and contract renewals — Sikorsky is expanding output and operators are renewing support contracts, supporting aftermarket and recurring revenue. Sikorsky advances S-92A+ output, renewals
• Neutral Sentiment: Sector inflows could help over time — analysts note defense ETFs are attracting flows as conflict-driven budgets rise, which can support longer-term demand for prime contractors like LMT. Why This Defense ETF Could Keep Rallying
• Neutral Sentiment: Supply-chain and supplier awards — A metals supplier won large govt contracts including programs that will supply aluminum plate across Lockheed platforms; could improve parts availability but also reflect procurement complexity. Reliance AMI Metals awarded contracts (mentions Lockheed platforms)
• Negative Sentiment: Sector weakness / sentiment headwinds — Coverage notes that despite geopolitical tensions, defense stocks recently haven’t rallied broadly; macro and political factors (e.g., uncertainty about escalation) are keeping valuations under pressure. Barron’s: Defense Stocks Are Down
• Negative Sentiment: Valuation/expectations concerns — Some analysts argue much of Lockheed’s near-term upside is already priced in, limiting upside if execution or order timing slips. Seeking Alpha: The Upside Is Already Priced In

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on LMT. Morgan Stanley set a $675.00 price target on shares of Lockheed Martin in a research report on Wednesday, February 4th. BNP Paribas Exane raised their price objective 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. Royal Bank Of Canada boosted their target price 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. Susquehanna reissued a “positive” rating and set a $660.00 price target on shares of Lockheed Martin in a research note on Thursday, January 15th. Finally, Sanford C. Bernstein reissued a “market perform” rating and issued a $654.00 price target on shares of Lockheed Martin in a report on Friday, February 6th. Six investment analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $618.95.

Lockheed Martin Stock Down 0.3%

Shares of NYSE LMT opened at $649.28 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 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 cap of $149.39 billion, a P/E ratio of 30.21, a P/E/G ratio of 1.17 and a beta of 0.22. The firm has a 50 day moving average price of $610.16 and a 200 day moving average price of $522.53.

Lockheed Martin (NYSE:LMT) last posted its earnings results 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). 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 company’s revenue for the quarter was up 9.1% on a year-over-year basis. During the same quarter last year, the business posted $7.67 earnings per share. Analysts expect that Lockheed Martin Corporation will post 27.15 EPS for the current year.

Lockheed Martin Dividend Announcement

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

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.