Lockheed Martin Corporation $LMT Shares Acquired by Ethic Inc.

Ethic Inc. boosted its position in shares of Lockheed Martin Corporation (NYSE:LMT) by 15.4% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 7,259 shares of the aerospace company’s stock after purchasing an additional 970 shares during the quarter. Ethic Inc.’s holdings in Lockheed Martin were worth $3,697,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the company. Leelyn Smith LLC grew its holdings in shares of Lockheed Martin by 2.0% during the third quarter. Leelyn Smith LLC now owns 7,750 shares of the aerospace company’s stock worth $3,947,000 after buying an additional 153 shares in the last quarter. Verus Capital Partners LLC boosted its position in Lockheed Martin by 7.4% during the 3rd quarter. Verus Capital Partners LLC now owns 1,284 shares of the aerospace company’s stock worth $654,000 after acquiring an additional 89 shares during the last quarter. Parallel Advisors LLC grew its stake in shares of Lockheed Martin by 5.0% during the 3rd quarter. Parallel Advisors LLC now owns 7,061 shares of the aerospace company’s stock worth $3,596,000 after acquiring an additional 334 shares in the last quarter. United Advisor Group LLC grew its stake in shares of Lockheed Martin by 11.3% during the 3rd quarter. United Advisor Group LLC now owns 1,678 shares of the aerospace company’s stock worth $854,000 after acquiring an additional 171 shares in the last quarter. Finally, Eliot Finkel Investment Counsel LLC raised its holdings in shares of Lockheed Martin by 0.8% in the third quarter. Eliot Finkel Investment Counsel LLC now owns 7,905 shares of the aerospace company’s stock valued at $4,026,000 after purchasing an additional 65 shares during the last quarter. Institutional investors own 74.19% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on LMT. Bank of America restated a “neutral” rating and set a $620.00 target price on shares of Lockheed Martin in a report on Monday, October 26th. Barclays lifted their price target on shares of Lockheed Martin from $554.00 to $560.00 and gave the company an “equal weight” rating in a research note on Friday, October 23rd. Rothschild & Co Redburn started coverage on shares of Lockheed Martin in a research report on Tuesday, October 6th. They set a “buy” rating and a $650.00 price target on the stock. Morgan Stanley increased their price objective on shares of Lockheed Martin from $653.00 to $690.00 and gave the stock an “equal weight” rating in a research note on Friday, July 24th. Finally, Sanford C. Bernstein decreased their price objective on Lockheed Martin from $629.00 to $564.00 and set a “market perform” rating for the company in a report on Wednesday, October 14th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $647.00.

Lockheed Martin News Summary

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

• Positive Sentiment: Lockheed Martin said it has delivered 100,000 Guided Multiple Launch Rocket System (GMLRS) rockets and is expanding production. The milestone highlights the scale of demand and the company’s push to deliver more rockets faster. Lockheed Martin reaches 100,000 GMLRS rocket deliveries, expands production
• Positive Sentiment: A successful ground test of a new General Dynamics-built solid rocket motor is another step toward increasing GMLRS output. The milestone supports the production expansion story. More Rockets, Faster: Lockheed Martin Reaches Major GMLRS Production Milestone
• Positive Sentiment: Coverage also points to a $694 million hypersonic contract, adding to investor focus on Lockheed’s missile-program opportunities. Is Lockheed Martin (LMT) Cheap After Its $694 Million Hypersonic Contract?
• Positive Sentiment: Recent commentary cites a $292 billion backlog and an $8 billion missile investment, while earlier coverage highlighted strong quarterly results and long-term Defense Department procurement agreements—factors that support longer-term demand visibility. Lockheed Martin Stock: Record $292 Billion Backlog, $8 Billion Missile Bet, and a Price Worth Watching Why Lockheed Martin Rallied in October
• Neutral Sentiment: The new rocket motor remains on track for qualification in 2027, so the test is progress rather than evidence that the upgraded motor is already qualified for production use. Lockheed Tests New GD-Built Rocket Motor For GMLRS, On Track For Qualification In 2027

Lockheed Martin Stock Performance

Shares of NYSE LMT opened at $603.19 on Wednesday. The company has a current ratio of 1.26, a quick ratio of 1.10 and a debt-to-equity ratio of 2.04. Lockheed Martin Corporation has a 12 month low of $437.25 and a 12 month high of $692.00. The stock has a 50 day moving average of $549.59 and a 200-day moving average of $569.72. The company has a market capitalization of $139.34 billion, a P/E ratio of 21.43, a P/E/G ratio of 1.25 and a beta of 0.07.

Lockheed Martin (NYSE:LMT) last posted its quarterly earnings results on Thursday, October 22nd. The aerospace company reported $7.97 earnings per share for the quarter, beating analysts’ consensus estimates of $7.52 by $0.45. The business had revenue of $20.71 billion for the quarter, compared to analysts’ expectations of $20.48 billion. Lockheed Martin had a return on equity of 83.41% and a net margin of 8.23%. The firm’s revenue for the quarter was up 11.3% on a year-over-year basis. During the same quarter in the prior year, the business earned $6.95 EPS. As a group, equities research analysts predict that Lockheed Martin Corporation will post 30.66 EPS for the current year.

Lockheed Martin Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 31st. Investors of record on Tuesday, December 1st will be issued a dividend of $3.60 per share. This represents a $14.40 annualized dividend and a dividend yield of 2.4%. The ex-dividend date of this dividend is Tuesday, December 1st. This is a positive change from Lockheed Martin’s previous quarterly dividend of $3.45. Lockheed Martin’s payout ratio is presently 49.02%.

Lockheed Martin Company Profile

Lockheed Martin Corporation is a global security and aerospace company headquartered in Bethesda, Maryland. Formed in 1995 through the merger of Lockheed Corporation and Martin Marietta, the company develops and produces advanced defense, aerospace, and technology systems for government and commercial customers. Its principal business areas include Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space. Products and services include military aircraft such as the F-35 Lightning II, C-130 Hercules, and F-16 Fighting Falcon; missile-defense and precision-strike systems; helicopters and naval systems; command, control, communications, and intelligence technologies; satellites; space exploration systems; and other classified space and defense programs.