AGF Management Ltd. Raises Stock Holdings in Lockheed Martin Corporation $LMT

AGF Management Ltd. grew its stake in shares of Lockheed Martin Corporation (NYSE:LMT) by 19.0% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,529 shares of the aerospace company’s stock after buying an additional 1,203 shares during the period. AGF Management Ltd.’s holdings in Lockheed Martin were worth $3,759,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Barnes Dennig Private Wealth Management LLC lifted its stake in shares of 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 buying an additional 40 shares in the last quarter. Grey Fox Wealth Advisors LLC bought a new stake in Lockheed Martin during the third quarter valued at about $27,000. Mid American Wealth Advisory Group Inc. purchased a new position in shares of Lockheed Martin in the second quarter valued at about $28,000. Twin Peaks Wealth Advisors LLC purchased a new position in shares of Lockheed Martin in the second quarter valued at about $29,000. Finally, Frazier Financial Advisors LLC bought a new position in shares of Lockheed Martin in the second quarter worth about $34,000. 74.19% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on LMT. Robert W. Baird lifted their target price on Lockheed Martin from $550.00 to $640.00 and gave the company an “outperform” rating in a research note on Friday, January 16th. Truist Financial lifted their price objective on shares of Lockheed Martin from $605.00 to $695.00 and gave the company a “buy” rating in a research report on Friday, January 30th. DZ Bank lowered shares of Lockheed Martin from a “buy” rating to a “hold” rating and set a $665.00 target price for the company. in a research report on Tuesday. Jefferies Financial Group lifted their price target on shares of Lockheed Martin from $540.00 to $630.00 and gave the company a “hold” rating in a report on Sunday. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Lockheed Martin in a research note on Wednesday, October 8th. Five equities research analysts have rated the stock with a Buy rating, fifteen have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Lockheed Martin has an average rating of “Hold” and an average price target of $596.89.

Lockheed Martin Trading Down 1.1%

LMT opened at $628.84 on Wednesday. The stock has a 50-day moving average of $516.90 and a 200 day moving average of $483.27. The company has a current ratio of 1.09, a quick ratio of 0.94 and a debt-to-equity ratio of 3.05. Lockheed Martin Corporation has a 12 month low of $410.11 and a 12 month high of $646.59. The firm has a market cap of $144.68 billion, a P/E ratio of 29.26, a P/E/G ratio of 1.80 and a beta of 0.23.

Lockheed Martin (NYSE:LMT) last posted its quarterly earnings data on Thursday, January 29th. The aerospace company reported $5.80 earnings per share (EPS) for the quarter, missing the consensus estimate of $6.33 by ($0.53). The company had revenue of $20.32 billion during the quarter, compared to the consensus estimate of $19.84 billion. Lockheed Martin had a net margin of 6.69% and a return on equity of 108.53%. Lockheed Martin’s revenue for the quarter was up 9.1% on a year-over-year basis. During the same period in the previous year, the business earned $7.67 earnings per share. As a group, research analysts forecast that Lockheed Martin Corporation will post 27.15 EPS for the current year.

Key Stories Impacting Lockheed Martin

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

• Positive Sentiment: Multiple brokers raised price targets (range roughly $611–$695), signaling continued bullish conviction on longer-term upside and reinforcing analyst support for valuation. Lockheed Martin (NYSE:LMT) Price Target Raised to $695.00
• Positive Sentiment: Short interest fell ~14.8% in January, reducing immediate bearish positioning and lowering the risk of further downward pressure from short-covering dynamics. Lockheed Martin Corporation (NYSE:LMT) Short Interest Down 14.8% in January
• Positive Sentiment: Operational progress: Lockheed completed the first operational test phase for its A4 radar — a program milestone that de-risks delivery/timing and supports future revenue recognition for related programs. Lockheed Martin Completes First Operational Test Phase For A4 Radar
• Positive Sentiment: Several bullish write-ups and value-focused analyses (Zacks, MSN, InsiderMonkey) reiterate a long-term value story — highlighting defense secular tailwinds, cash-flow strength, and buy-and-hold appeal for value investors. These narratives can support sustained demand from longer-term holders. Why Lockheed Martin (LMT) is a Top Value Stock for the Long-Term
• Neutral Sentiment: UBS (covered via TipRanks summary) reiterated a Hold rating with a $663 target, citing segment growth and cash flow offset by pension normalization and delayed free-cash-flow inflection — a watch-item that keeps upside possible but tempers conviction. Lockheed Martin: Segment Growth and Cash Flow Strength Offset by Pension Normalization and Delayed FCF Inflection, Supporting Neutral (Hold) Rating
• Neutral Sentiment: Zacks flagged LMT as a trending/most-searched ticker, which can increase short-term trading volume but doesn’t by itself change fundamentals. Here is What to Know Beyond Why Lockheed Martin Corporation (LMT) is a Trending Stock
• Negative Sentiment: DZ Bank downgraded LMT from Buy to Hold (PT $665), signaling some caution despite a still-positive target — such downgrades can trigger profit-taking or reduce buy-side urgency in the near term. Finviz (DZ Bank AG downgrade note)

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.