Bedell Frazier Investment Counselling LLC Sells 2,987 Shares of Lockheed Martin Corporation $LMT

Bedell Frazier Investment Counselling LLC lessened its position in Lockheed Martin Corporation (NYSE:LMT) by 12.9% in the 3rd quarter, Holdings Channel reports. The fund owned 20,108 shares of the aerospace company’s stock after selling 2,987 shares during the period. Lockheed Martin accounts for approximately 2.1% of Bedell Frazier Investment Counselling LLC’s holdings, making the stock its 9th biggest position. Bedell Frazier Investment Counselling LLC’s holdings in Lockheed Martin were worth $10,038,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Arete Wealth Advisors LLC increased its position in Lockheed Martin by 9.4% during the 3rd quarter. Arete Wealth Advisors LLC now owns 4,748 shares of the aerospace company’s stock worth $2,370,000 after purchasing an additional 409 shares during the period. Patrick M Sweeney & Associates Inc. boosted its stake in shares of Lockheed Martin by 2.2% in the third quarter. Patrick M Sweeney & Associates Inc. now owns 1,242 shares of the aerospace company’s stock valued at $620,000 after buying an additional 27 shares in the last quarter. Sierra Summit Advisors LLC grew its holdings in Lockheed Martin by 1.8% during the third quarter. Sierra Summit Advisors LLC now owns 2,231 shares of the aerospace company’s stock worth $1,114,000 after acquiring an additional 40 shares during the period. Meridian Wealth Advisors LLC raised its position in Lockheed Martin by 1.6% in the third quarter. Meridian Wealth Advisors LLC now owns 2,211 shares of the aerospace company’s stock worth $1,104,000 after acquiring an additional 35 shares in the last quarter. Finally, Nicholas Hoffman & Company LLC. raised its position in Lockheed Martin by 2.7% in the third quarter. Nicholas Hoffman & Company LLC. now owns 3,076 shares of the aerospace company’s stock worth $1,536,000 after acquiring an additional 81 shares in the last quarter. Hedge funds and other institutional investors own 74.19% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have commented on the stock. 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 report on Friday, January 30th. Susquehanna reissued a “positive” rating and set a $660.00 price objective on shares of Lockheed Martin in a report on Thursday, January 15th. TD Cowen upped their target price on shares of Lockheed Martin from $600.00 to $670.00 and gave the stock a “hold” rating in a research report on Friday, January 30th. Deutsche Bank Aktiengesellschaft lifted their price target on shares of Lockheed Martin from $492.00 to $611.00 and gave the company a “hold” rating in a research report on Friday, January 30th. Finally, Robert W. Baird boosted their price target on Lockheed Martin from $550.00 to $640.00 and gave the stock an “outperform” rating in a research note on Friday, January 16th. Six analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $612.50.

Lockheed Martin Stock Up 2.7%

Shares of NYSE LMT opened at $659.24 on Friday. The company has a debt-to-equity ratio of 3.05, a current ratio of 1.09 and a quick ratio of 0.94. The firm’s 50-day moving average is $581.76 and its two-hundred day moving average is $510.21. Lockheed Martin Corporation has a 12-month low of $410.11 and a 12-month high of $669.75. The company has a market capitalization of $151.68 billion, a PE ratio of 30.68, a price-to-earnings-growth ratio of 1.19 and a beta of 0.23.

Lockheed Martin (NYSE:LMT) last issued its quarterly earnings data on Thursday, January 29th. The aerospace company reported $5.80 earnings per share (EPS) for the quarter, missing the consensus estimate of $6.33 by ($0.53). The company had revenue of $20.32 billion for 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 in the prior year, the firm earned $7.67 earnings per share. Equities analysts anticipate that Lockheed Martin Corporation will post 27.15 EPS for the current fiscal year.

Lockheed Martin Dividend Announcement

The business 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. 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 dividend payout ratio (DPR) is presently 64.22%.

Key Stories Impacting Lockheed Martin

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

• Positive Sentiment: Unusual call buying — Traders bought 155,267 LMT call options today (roughly a 1,691% jump versus typical daily call volume), a strongly bullish signal that likely pushed intraday prices higher.
• Positive Sentiment: AI-driven manufacturing interest — Industry research highlights growing investment in AI-driven, software-defined defense factories and notes primes like Lockheed as potential beneficiaries, supporting longer-term revenue/efficiency upside. AI-Driven Defense Manufacturing Infrastructure Report 2025-2030
• Positive Sentiment: Relative strength vs. broader market — Coverage noting LMT is outperforming the Nasdaq and that the Street remains constructive likely reinforced investor confidence and buying momentum. Is Lockheed Martin Stock Outperforming the Nasdaq?
• Positive Sentiment: Analyst/industry commentary on durable growth — Recent write-ups emphasize Lockheed’s predictable revenue profile and geopolitical hedge, supporting a bullish/defensive case for the stock. Lockheed Martin: Robust, Predictable Growth With Geopolitical Hedge Built In
• Neutral Sentiment: Valuation/positioning view — Some analyst pieces call Lockheed operationally strong but “fully priced,” recommending a hold rather than buy, which tempers upside despite positive fundamentals. Operationally Strong, Valuation Fully Priced – Hold
• Negative Sentiment: Pentagon/Anthropic scrutiny — The Pentagon’s dispute with Anthropic and requests for defense primes (including Lockheed) to report any reliance on Anthropic’s Claude model raise supply‑chain/third‑party AI risk concerns; this creates short‑term uncertainty about contract requirements, certification, or replacement costs. Pentagon Anthropic feud has sales and AI warfare at stake Pentagon asks Boeing, Lockheed Martin about their exposure to Anthropic

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.