Cerity Partners LLC Has $76.86 Million Stock Holdings in Lockheed Martin Corporation $LMT

Cerity Partners LLC lowered its stake in Lockheed Martin Corporation (NYSE:LMT) by 7.8% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 153,970 shares of the aerospace company’s stock after selling 13,094 shares during the period. Cerity Partners LLC owned 0.07% of Lockheed Martin worth $76,863,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of LMT. Rheos Capital Works Inc. grew its holdings in shares of Lockheed Martin by 70.2% during the third quarter. Rheos Capital Works Inc. now owns 58,200 shares of the aerospace company’s stock worth $29,054,000 after purchasing an additional 24,000 shares during the last quarter. Code Waechter LLC acquired a new stake in Lockheed Martin during the 3rd quarter worth approximately $260,000. Bernardo Wealth Planning LLC bought a new stake in Lockheed Martin during the 3rd quarter worth approximately $208,000. Twelve Points Wealth Management LLC acquired a new position in Lockheed Martin in the 3rd quarter valued at approximately $232,000. Finally, Spirepoint Private Client LLC increased its position in Lockheed Martin by 1.2% in the 3rd quarter. Spirepoint Private Client LLC now owns 17,416 shares of the aerospace company’s stock valued at $8,694,000 after acquiring an additional 215 shares during the period. Institutional investors own 74.19% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have recently commented on LMT shares. Susquehanna lifted their price target on shares of Lockheed Martin from $490.00 to $590.00 and gave the stock a “positive” rating in a report on Thursday, October 9th. Deutsche Bank Aktiengesellschaft reduced their price target on Lockheed Martin from $517.00 to $492.00 and set a “hold” rating on the stock in a research report on Wednesday, December 10th. Citigroup assumed coverage on Lockheed Martin in a research report on Thursday, December 11th. They set a “neutral” rating and a $505.00 price objective for the company. Royal Bank Of Canada increased their target price on shares of Lockheed Martin from $440.00 to $525.00 and gave the company a “sector perform” rating in a research report on Tuesday, October 7th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Lockheed Martin in a research report on Wednesday, October 8th. Two equities research analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating, seventeen have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $506.18.

More Lockheed Martin News

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

• Positive Sentiment: Record F-35 deliveries bolster near-term revenue visibility — Lockheed said it delivered 191 F‑35s in 2025 (a program high), highlighting accelerating production and stronger program cash flow and backlog. Lockheed says 2025 F-35 deliveries hit 191 as demand lifts production pace
• Positive Sentiment: Major Pentagon deal to scale Patriot (PAC‑3 MSE) output — Lockheed reached a multi‑year agreement to raise annual PAC‑3 interceptor capacity from ~600 to 2,000, which should significantly lift revenue and margins over the contract term and deepen long-term production commitments. Lockheed Martin to more than triple Patriot missile production capacity
• Neutral Sentiment: Analyst estimate tweaks — Zacks trimmed some near-term EPS projections slightly for upcoming quarters and FY2027, a modest technical headwind but not a sweeping change to consensus full‑year expectations. MarketBeat – LMT summary
• Negative Sentiment: Political risk: President publicly said he would not permit dividends or share buybacks at defense firms until production problems are fixed — that high‑profile statement directly targets Lockheed and peers and prompted selling pressure as investors fear restrictions on shareholder returns and potential policy intervention. Trump says he won’t permit dividends, buybacks for defense companies till they fix
• Negative Sentiment: Immediate market reaction: shares slid on the social‑media posts and ensuing headlines, with articles calling out executive‑pay and dividend/buyback scrutiny — the drop reflects heightened regulatory/political uncertainty that could reduce the attractiveness of LMT for income-focused investors. Trump says he will not permit dividends and stock buybacks for defense companies

Lockheed Martin Trading Down 4.9%

NYSE:LMT opened at $496.59 on Thursday. Lockheed Martin Corporation has a 12 month low of $410.11 and a 12 month high of $538.73. The company has a current ratio of 1.13, a quick ratio of 0.97 and a debt-to-equity ratio of 3.32. The stock has a market capitalization of $114.91 billion, a price-to-earnings ratio of 27.73, a PEG ratio of 1.48 and a beta of 0.24. The firm has a fifty day simple moving average of $472.23 and a two-hundred day simple moving average of $467.17.

Lockheed Martin (NYSE:LMT) last released its quarterly earnings data on Tuesday, October 21st. The aerospace company reported $6.95 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $6.33 by $0.62. Lockheed Martin had a net margin of 5.73% and a return on equity of 111.84%. The company had revenue of $18.61 billion for the quarter, compared to analysts’ expectations of $18.45 billion. During the same quarter in the prior year, the firm earned $6.84 EPS. The business’s revenue was up 8.8% on a year-over-year basis. Lockheed Martin has set its FY 2025 guidance at 22.150-22.350 EPS. 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 that occurred on Thursday, October 23rd. The stock was sold at an average price of $491.04, for a total value of $3,826,183.68. Following the completion of the sale, the chief operating officer owned 1 shares of the company’s stock, valued at approximately $491.04. This trade represents a 99.99% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Company insiders own 0.14% of the company’s stock.

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.