Bank of New York Mellon Corp Reduces Stock Holdings in Lockheed Martin Corporation $LMT

Bank of New York Mellon Corp lowered its stake in shares of Lockheed Martin Corporation (NYSE:LMT) by 2.8% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,590,622 shares of the aerospace company’s stock after selling 46,158 shares during the quarter. Bank of New York Mellon Corp owned approximately 0.69% of Lockheed Martin worth $794,054,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of LMT. Vanguard Group Inc. lifted its position in Lockheed Martin by 1.0% in the second quarter. Vanguard Group Inc. now owns 21,697,527 shares of the aerospace company’s stock valued at $10,048,993,000 after acquiring an additional 214,565 shares during the last quarter. Geode Capital Management LLC grew its holdings in shares of Lockheed Martin by 0.4% during the second quarter. Geode Capital Management LLC now owns 4,884,954 shares of the aerospace company’s stock worth $2,256,147,000 after purchasing an additional 19,459 shares during the last quarter. Legal & General Group Plc increased its position in shares of Lockheed Martin by 0.6% during the second quarter. Legal & General Group Plc now owns 959,510 shares of the aerospace company’s stock worth $444,387,000 after purchasing an additional 6,073 shares in the last quarter. AQR Capital Management LLC lifted its holdings in shares of Lockheed Martin by 6.9% in the 2nd quarter. AQR Capital Management LLC now owns 863,839 shares of the aerospace company’s stock valued at $400,079,000 after purchasing an additional 55,607 shares during the last quarter. Finally, Ameriprise Financial Inc. boosted its position in shares of Lockheed Martin by 16.6% in the 2nd quarter. Ameriprise Financial Inc. now owns 761,382 shares of the aerospace company’s stock valued at $347,381,000 after purchasing an additional 108,553 shares during the period. Institutional investors and hedge funds own 74.19% of the company’s stock.

Lockheed Martin Stock Performance

Shares of LMT opened at $597.63 on Thursday. The stock has a market capitalization of $138.29 billion, a P/E ratio of 33.37, a P/E/G ratio of 1.70 and a beta of 0.24. The company has a debt-to-equity ratio of 3.32, a quick ratio of 0.97 and a current ratio of 1.13. Lockheed Martin Corporation has a 1 year low of $410.11 and a 1 year high of $599.32. The company’s fifty day moving average is $503.11 and its two-hundred day moving average is $478.69.

Analyst Ratings Changes

Several research firms have commented on LMT. Royal Bank Of Canada lifted their price target on Lockheed Martin from $440.00 to $525.00 and gave the stock a “sector perform” rating in a research report on Tuesday, October 7th. BNP Paribas Exane raised their target price on shares of Lockheed Martin from $550.00 to $570.00 and gave the stock an “outperform” rating in a research report on Thursday, January 8th. Morgan Stanley reiterated an “equal weight” rating and issued a $543.00 price target (down previously from $630.00) on shares of Lockheed Martin in a research report on Tuesday, December 16th. Jefferies Financial Group increased their price target on shares of Lockheed Martin from $500.00 to $540.00 and gave the stock a “hold” rating in a research note on Monday, January 12th. Finally, Truist Financial set a $605.00 price objective on shares of Lockheed Martin and gave the company a “buy” rating in a research note on Friday, January 9th. Five analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $543.82.

Key Headlines Impacting Lockheed Martin

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

• Positive Sentiment: Successful GPS III satellite launch reinforces product execution and GovCon leadership — improves mission capability and supports future contract momentum. Lockheed’s New GPS Satellite Enters Orbit PR: GPS III SV09 Reaches Orbit
• Positive Sentiment: Short interest fell ~14.8% in January, reducing one potential downward pressure on the stock and lowering the days-to-cover — a bullish technical/psychological signal.
• Positive Sentiment: Record backlog (reported at ~$179B) and management guidance tone that hints at an earnings beat give upside potential into the Q4 print if execution holds. Q4 Preview: $179B Backlog
• Neutral Sentiment: Analysts highlight specific KPIs to watch in the Q4 release (segment revenue mix, margins, program charges, free cash flow) — these metrics will determine whether guidance and backlog translate into EPS upside. KPIs to Watch Ahead of Q4
• Neutral Sentiment: Emberpoint wildfire venture shows traction in valuation/momentum checks — a diversification/growth signal but likely immaterial to near-term EPS unless scaled or monetized. Emberpoint Valuation & Momentum Check
• Negative Sentiment: Analyst note warns that higher costs and potential program charges could pressure Q4 profits — a key near-term risk that could trigger downside if management reports unexpected charges or margin erosion. Zacks: Costs & Program Charge Risk Ahead of Q4
• Negative Sentiment: Trade/tariff headlines are prompting Europe to favor domestic defense suppliers in some cases, a structural risk that could limit Lockheed’s international growth in affected markets. MarketBeat: Tariffs Could Shift European Defense Spending

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.