K.J. Harrison & Partners Inc increased its holdings in shares of Lockheed Martin Corporation (NYSE:LMT – Free Report) by 257.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,355 shares of the aerospace company’s stock after buying an additional 5,300 shares during the quarter. K.J. Harrison & Partners Inc’s holdings in Lockheed Martin were worth $3,557,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other large investors also recently made changes to their positions in the business. Wellington Management Group LLP increased its stake in shares of Lockheed Martin by 3.4% in the third quarter. Wellington Management Group LLP now owns 2,384,753 shares of the aerospace company’s stock worth $1,190,493,000 after acquiring an additional 79,491 shares during the last quarter. Invesco Ltd. lifted its holdings in shares of Lockheed Martin by 4.2% during the 3rd quarter. Invesco Ltd. now owns 2,196,058 shares of the aerospace company’s stock valued at $1,096,294,000 after buying an additional 87,663 shares during the last quarter. Legal & General Group Plc grew its stake in shares of Lockheed Martin by 6.6% in the 3rd quarter. Legal & General Group Plc now owns 1,022,940 shares of the aerospace company’s stock valued at $510,662,000 after buying an additional 63,430 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in Lockheed Martin by 41.3% in the third quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 808,409 shares of the aerospace company’s stock worth $403,534,000 after buying an additional 236,137 shares during the last quarter. Finally, Ameriprise Financial Inc. raised its position in Lockheed Martin by 16.6% during the second quarter. Ameriprise Financial Inc. now owns 761,382 shares of the aerospace company’s stock valued at $347,381,000 after acquiring an additional 108,553 shares in the last quarter. Institutional investors and hedge funds own 74.19% of the company’s stock.
Lockheed Martin Trading Up 1.0%
Shares of LMT stock opened at $513.83 on Thursday. The company has a market capitalization of $118.47 billion, a P/E ratio of 24.88, a P/E/G ratio of 0.92 and a beta of 0.10. The company has a quick ratio of 0.94, a current ratio of 1.14 and a debt-to-equity ratio of 2.74. The firm has a 50-day moving average price of $611.15 and a 200 day moving average price of $553.94. Lockheed Martin Corporation has a 12-month low of $410.11 and a 12-month high of $692.00.
Lockheed Martin Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Monday, March 2nd were given a $3.45 dividend. This represents a $13.80 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date was Monday, March 2nd. Lockheed Martin’s dividend payout ratio (DPR) is currently 66.83%.
Wall Street Analysts Forecast Growth
Several brokerages have recently commented on LMT. Royal Bank Of Canada dropped their price target on shares of Lockheed Martin from $650.00 to $575.00 and set a “sector perform” rating on the stock in a research note on Friday, April 24th. BNP Paribas Exane lowered their target price on shares of Lockheed Martin from $770.00 to $680.00 and set an “outperform” rating on the stock in a research report on Friday, April 24th. Citigroup raised their price target on Lockheed Martin from $673.00 to $675.00 and gave the company a “neutral” rating in a research report on Wednesday, April 1st. Sanford C. Bernstein raised their target price on Lockheed Martin from $654.00 to $661.00 and gave the company a “market perform” rating in a report on Tuesday, April 21st. Finally, Argus boosted their price objective on Lockheed Martin from $530.00 to $735.00 and gave the company a “buy” rating in a research report on Friday, March 6th. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $628.63.
Check Out Our Latest Stock Report on Lockheed Martin
More Lockheed Martin News
Here are the key news stories impacting Lockheed Martin this week:
- Positive Sentiment: Skunk Works chief OJ Sanchez will replace long-time Aeronautics president Greg Ulmer effective June 1, giving the $30B Aeronautics unit a clear succession plan that reduces operational uncertainty and supports program continuity. Read More.
- Positive Sentiment: Lockheed announced the Aeronautics leadership change via PR Newswire, emphasizing a smooth transition after Ulmer’s retirement—a governance positive for investors watching program execution risk. Read More.
- Positive Sentiment: Lockheed was selected by the U.S. Space Force to support the Space‑Based Interceptor (SBI) program, underscoring growing space-defense revenue opportunities and program-level wins that could lift backlog and long-term growth. Read More.
- Positive Sentiment: Cubic Defense received a follow-on award from Lockheed to deliver P5 Internal Subsystems for F‑35 training, signaling continued program spending and supplier activity tied to the F‑35 ecosystem. Read More.
- Positive Sentiment: Lockheed and Nokia Federal Solutions unveiled a mission-critical 5G solution for defense customers, strengthening partnerships in secure communications that can expand addressable markets beyond traditional platforms. Read More.
- Positive Sentiment: Reports that Lithuania unveiled HIMARS launchers and deepening defense ties with Lockheed highlight international sales momentum and allied procurement that support export backlog. Read More.
- Neutral Sentiment: MarketWatch notes LMT shares rose but still underperformed the broader market, calling attention to mixed market dynamics where defense names can lag on macro/rotation factors. Read More.
- Neutral Sentiment: Analyst coverage and sector writeups (Seeking Alpha, ETF roundups) discuss defense-sector themes and LMT’s place in portfolios; useful context but less likely to move the stock immediately. Read More.
- Negative Sentiment: Lockheed’s Q1 results earlier this season showed an EPS miss and revenue slightly below estimates, and while FY‑2026 guidance is positive, the quarter’s shortfall remains a near-term negative for sentiment. Read More.
- Negative Sentiment: JPMorgan lowered its price target on LMT from $680 to $605 and kept a neutral rating—this reduces near-term analyst-driven upside and can cap multiple expansion. Read More.
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.
See Also
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