Lockheed Martin Corporation $LMT Stock Holdings Lifted by Narwhal Capital Management

Narwhal Capital Management lifted its position in Lockheed Martin Corporation (NYSE:LMT) by 14.3% in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 36,465 shares of the aerospace company’s stock after acquiring an additional 4,564 shares during the quarter. Lockheed Martin makes up about 1.3% of Narwhal Capital Management’s holdings, making the stock its 17th biggest holding. Narwhal Capital Management’s holdings in Lockheed Martin were worth $18,204,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Barnes Dennig Private Wealth Management LLC raised its stake in Lockheed Martin by 285.7% during the 3rd quarter. Barnes Dennig Private Wealth Management LLC now owns 54 shares of the aerospace company’s stock valued at $27,000 after purchasing an additional 40 shares during the period. Mid American Wealth Advisory Group Inc. acquired a new stake in shares of Lockheed Martin in the second quarter worth $28,000. Twin Peaks Wealth Advisors LLC purchased a new position in shares of Lockheed Martin during the second quarter valued at $29,000. Frazier Financial Advisors LLC acquired a new position in Lockheed Martin during the second quarter valued at $34,000. Finally, MTM Investment Management LLC acquired a new position in Lockheed Martin during the second quarter valued at $36,000. Institutional investors and hedge funds own 74.19% of the company’s stock.

Lockheed Martin News Roundup

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

• Positive Sentiment: Large proposed defense budget: President Trump’s proposal to raise U.S. military spending toward $1.5 trillion has pushed defense names higher and is the primary near‑term driver supporting LMT’s rally. A $1.5 Trillion Reason to Buy Lockheed Martin Stock in 2026
• Positive Sentiment: Operational momentum: Lockheed reported a record 191 F‑35 deliveries in 2025, reinforcing production scale and contract leverage that investors reward in a higher‑budget scenario. Lockheed says 2025 F-35 deliveries hit 191 as demand lifts production pace
• Positive Sentiment: Analyst upgrade / attractive risk/reward: Truist upgraded LMT, saying the risk/reward looks more attractive after 2025 weakness — a catalyst for buyers seeking exposure to a higher‑spend backdrop. After a Tough 2025, Lockheed Martin Stock Can Have a Better 2026
• Positive Sentiment: Upgraded estimates: Several Zacks analyst notes raised near‑term EPS estimates for 2026/2027, supporting an earnings outlook that justifies premium defense multiples if budgets rise. Lockheed Martin (LMT Stock) Climbs On Trump’s Defense Budget Comments: These Congress Members Could Profit
• Neutral Sentiment: Short‑term price action/volume: Coverage notes the stock moved on heavy volume and that recent earnings‑estimate revisions are mixed; technical momentum may continue but could be choppy. Lockheed (LMT) Surges 4.3%: Is This an Indication of Further Gains?
• Negative Sentiment: Regulatory/policy risk — buybacks & dividends: An executive order and social‑media posts from the president targeting buybacks/dividends for defense contractors caused sharp volatility and could pressure shareholder returns going forward. Trump signs order to block defense companies from buying back stock until arms production improves
• Negative Sentiment: Sentiment whipsaw from presidential comments: Markets reacted to posts about restricting buybacks/dividends, briefly hitting shares before the budget news reversed some losses — political headlines remain a wild card. Lockheed Martin, Northrop Grumman Shares Hit by Trump Post on Share Buybacks

Lockheed Martin Price Performance

Shares of LMT opened at $542.87 on Friday. The company has a debt-to-equity ratio of 3.32, a quick ratio of 0.97 and a current ratio of 1.13. The firm has a market cap of $125.62 billion, a PE ratio of 30.31, a PEG ratio of 1.48 and a beta of 0.24. The firm’s 50 day moving average price is $473.83 and its 200 day moving average price is $468.01. Lockheed Martin Corporation has a twelve month low of $410.11 and a twelve month high of $546.07.

Lockheed Martin (NYSE:LMT) last announced its quarterly earnings results on Tuesday, October 21st. The aerospace company reported $6.95 EPS for the quarter, topping the consensus estimate of $6.33 by $0.62. The company had revenue of $18.61 billion for the quarter, compared to analyst estimates of $18.45 billion. Lockheed Martin had a net margin of 5.73% and a return on equity of 111.84%. Lockheed Martin’s quarterly revenue was up 8.8% on a year-over-year basis. During the same quarter in the prior year, the business posted $6.84 EPS. Lockheed Martin has set its FY 2025 guidance at 22.150-22.350 EPS. As a group, research analysts expect that Lockheed Martin Corporation will post 27.15 EPS for the current fiscal year.

Insider Buying and Selling

In other Lockheed Martin news, COO John Frank A. St sold 7,792 shares of the firm’s stock in a transaction dated Thursday, October 23rd. The stock was sold at an average price of $491.04, for a total transaction of $3,826,183.68. Following the transaction, the chief operating officer directly owned 1 shares in the company, valued at $491.04. This trade represents a 99.99% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 0.14% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of equities research analysts have commented on LMT shares. Truist Financial set a $605.00 price objective on Lockheed Martin and gave the stock a “buy” rating in a research report on Friday. Morgan Stanley reissued an “equal weight” rating and issued a $543.00 price target (down from $630.00) on shares of Lockheed Martin in a research report on Tuesday, December 16th. Sanford C. Bernstein raised their price target on shares of Lockheed Martin from $497.00 to $545.00 and gave the stock a “market perform” rating in a report on Monday, October 20th. Robert W. Baird upped their price objective on shares of Lockheed Martin from $500.00 to $550.00 and gave the company an “outperform” rating in a research note on Monday, October 6th. Finally, Wall Street Zen downgraded shares of Lockheed Martin from a “strong-buy” rating to a “buy” rating in a research report on Saturday, December 13th. Three analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating, sixteen have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $512.35.

Lockheed Martin 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.