Principal Financial Group Inc. Trims Stock Holdings in Lockheed Martin Corporation $LMT

Principal Financial Group Inc. lowered its stake in shares of Lockheed Martin Corporation (NYSE:LMT) by 3.0% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 244,974 shares of the aerospace company’s stock after selling 7,698 shares during the period. Principal Financial Group Inc. owned 0.11% of Lockheed Martin worth $122,293,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the stock. Carnegie Investment Counsel grew its holdings in Lockheed Martin by 11.4% during the 3rd quarter. Carnegie Investment Counsel now owns 29,639 shares of the aerospace company’s stock valued at $14,796,000 after buying an additional 3,031 shares in the last quarter. VCI Wealth Management LLC purchased a new position in Lockheed Martin during the third quarter valued at approximately $3,075,000. DAVENPORT & Co LLC increased its holdings in Lockheed Martin by 22.4% during the 3rd quarter. DAVENPORT & Co LLC now owns 25,423 shares of the aerospace company’s stock worth $12,688,000 after acquiring an additional 4,652 shares during the period. Farther Finance Advisors LLC increased its holdings in Lockheed Martin by 29.2% during the 3rd quarter. Farther Finance Advisors LLC now owns 10,036 shares of the aerospace company’s stock worth $5,010,000 after acquiring an additional 2,270 shares during the period. Finally, Laffer Tengler Investments Inc. lifted its stake in Lockheed Martin by 482.6% in the 2nd quarter. Laffer Tengler Investments Inc. now owns 6,979 shares of the aerospace company’s stock worth $3,232,000 after purchasing an additional 5,781 shares in the last quarter. 74.19% of the stock is owned by institutional investors.

Key Headlines Impacting Lockheed Martin

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

• Positive Sentiment: Multiple analysts raised price targets on LMT this morning, lifting sentiment as several firms bumped their targets into the $650–$695 range (and one to $611). These coordinated target raises are a primary near‑term bullish catalyst for the stock. Price Target Raised to $695.00 Price Target Raised to $680.00 Price Target Raised to $670.00 Price Target Raised to $650.00 Price Target Raised to $611.00
• Positive Sentiment: RBC Capital issued a Buy on LMT, an upgrade that likely contributed to intraday strength and helped push momentum among investors. Lockheed Martin (LMT) Gets a Buy from RBC Capital
• Positive Sentiment: Market reaction coverage notes LMT trading higher following analyst activity, reinforcing that upgrades/targets are moving near‑term flows. Trading 1.9% Higher on Analyst Upgrade
• Positive Sentiment: Short interest fell about 14.8% in January, which reduces potential short‑squeeze risk and indicates less bearish positioning heading into earnings updates and catalyst events. Short Interest Down 14.8% in January
• Positive Sentiment: Programmatic progress: Lockheed completed the first operational test phase for its A4 radar — a technical milestone that supports future contract value and product credibility. Lockheed Martin Completes First Operational Test Phase For A4 Radar
• Neutral Sentiment: UBS/TipRanks reiterated a Hold on LMT with a $663 target, noting segment growth and cash‑flow strengths but flagging pension normalization and delayed free‑cash‑flow inflection — a mixed take that supports a neutral view for longer‑term upside. Lockheed Martin: Segment Growth and Cash Flow Strength Offset…
• Neutral Sentiment: Investor attention metrics show LMT is a trending stock on platforms like Zacks, which can amplify short‑term volume swings but is not a directional fundamental driver by itself. Here is What to Know Beyond Why Lockheed Martin…
• Neutral Sentiment: Coverage roundup: some publications list LMT among industrials with neutral analyst consensus — indicating mixed sentiment across the sell side. Analysts Are Neutral on These Industrial Goods Stocks

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on LMT. TD Cowen increased their price objective on Lockheed Martin from $600.00 to $670.00 and gave the stock a “hold” rating in a research report on Friday. Truist Financial raised their price target on Lockheed Martin from $605.00 to $695.00 and gave the company a “buy” rating in a report on Friday. BNP Paribas Exane boosted their price objective on Lockheed Martin from $550.00 to $570.00 and gave the stock an “outperform” rating in a report on Thursday, January 8th. Susquehanna restated a “positive” rating and issued a $660.00 price objective on shares of Lockheed Martin in a research report on Thursday, January 15th. Finally, The Goldman Sachs Group lifted their target price on shares of Lockheed Martin from $464.00 to $517.00 and gave the company a “sell” rating in a research report on Monday. Five equities research analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Lockheed Martin currently has an average rating of “Hold” and a consensus price target of $592.88.

Lockheed Martin Stock Performance

NYSE:LMT opened at $635.66 on Tuesday. The company has a market capitalization of $146.25 billion, a price-to-earnings ratio of 29.58, a PEG ratio of 1.81 and a beta of 0.23. The business has a 50 day moving average of $513.37 and a 200 day moving average of $482.11. The company has a debt-to-equity ratio of 3.05, a current ratio of 1.09 and a quick ratio of 0.94. Lockheed Martin Corporation has a 1-year low of $410.11 and a 1-year high of $645.67.

Lockheed Martin (NYSE:LMT) last posted its quarterly earnings results on Thursday, January 29th. The aerospace company reported $5.80 EPS for the quarter, missing the consensus estimate of $6.33 by ($0.53). The business had revenue of $20.32 billion for the quarter, compared to analysts’ expectations 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 was up 9.1% compared to the same quarter last year. During the same period last year, the business posted $7.67 earnings per share. On average, sell-side analysts predict that Lockheed Martin Corporation will post 27.15 earnings per share for the current fiscal year.

About Lockheed Martin

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.