CIBC Private Wealth Group LLC Cuts Stake in Lockheed Martin Corporation $LMT

CIBC Private Wealth Group LLC reduced its position in shares of Lockheed Martin Corporation (NYSE:LMT) by 11.6% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 33,947 shares of the aerospace company’s stock after selling 4,435 shares during the quarter. CIBC Private Wealth Group LLC’s holdings in Lockheed Martin were worth $16,947,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the company. Capital Square LLC lifted its stake in shares of Lockheed Martin by 9.4% in the third quarter. Capital Square LLC now owns 1,668 shares of the aerospace company’s stock worth $833,000 after buying an additional 144 shares in the last quarter. CIBC Bancorp USA Inc. bought a new stake in shares of Lockheed Martin during the third quarter valued at approximately $16,162,000. Portus Wealth Advisors LLC purchased a new position in Lockheed Martin in the 3rd quarter worth approximately $633,000. Centaurus Financial Inc. raised its holdings in Lockheed Martin by 7.6% in the 3rd quarter. Centaurus Financial Inc. now owns 1,115 shares of the aerospace company’s stock worth $556,000 after acquiring an additional 79 shares during the last quarter. Finally, Caitong International Asset Management Co. Ltd lifted its position in Lockheed Martin by 27,600.0% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 277 shares of the aerospace company’s stock valued at $138,000 after acquiring an additional 276 shares in the last quarter. 74.19% of the stock is owned by hedge funds and other institutional investors.

Lockheed Martin News Roundup

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

• Positive Sentiment: Pentagon seeks a roughly $200 billion supplemental tied to the Iran conflict, a request that would drive near-term replenishment and new procurement for missile/air-defense systems that benefit Lockheed’s core businesses. Pentagon Seeks $200 Billion for Iran War
• Positive Sentiment: Susquehanna raised its price target on LMT to $740 and kept a positive rating, signaling analyst confidence and adding upside to investor estimates. Benzinga Report
• Positive Sentiment: Greece’s $36 billion air-defense plan includes orders for Lockheed equipment — a revenue tailwind but described as incremental rather than transformational for the company’s shares. Will Greece’s New Air Defense Plan Boost Lockheed Martin’s Stock?
• Positive Sentiment: Lockheed has a tactical contract to integrate Fortem Technologies’ counter‑drone sensors and interceptors with its Sanctum C‑UAS software — a small but strategic move into layered infrastructure protection. Lockheed Martin Selects Fortem Technologies
• Positive Sentiment: Analysis arguing a “missile-defense supercycle” from drone and Shahed-style threats highlights Lockheed’s large backlog and program exposure (THAAD, PAC‑3), supporting a longer‑term growth thesis. The Shahed Drone War Is Creating A Missile Defense Supercycle
• Neutral Sentiment: Defense-sector momentum and ETFs are rallying amid geopolitical risk, lifting peers and creating a positive backdrop for Lockheed; this is macro-driven and may or may not translate to outsized LMT moves. Defense Stocks Are Surging and This ETF Lets You Collect Dividends
• Neutral Sentiment: A range of aerospace/space items (e.g., Firefly’s flight return) and broader sector headlines are in play but have limited direct impact on Lockheed’s large prime-contractor profile. Firefly Aerospace Announces Fourth Quarter Results
• Negative Sentiment: Program-level execution risk: the Army’s Dark Eagle hypersonic program (led by Lockheed) is being positioned for near-term deployment but Pentagon testing reports flag insufficient data and past test/production issues — a source of investor uncertainty on timelines and costs. Army Says Dark Eagle Hypersonic Deployment Is Weeks Away

Lockheed Martin Stock Performance

LMT stock opened at $636.25 on Friday. 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 $692.00. The company has a market cap of $146.39 billion, a P/E ratio of 29.61, a price-to-earnings-growth ratio of 1.16 and a beta of 0.22. The stock’s fifty day moving average price is $626.73 and its 200-day moving average price is $529.93.

Lockheed Martin (NYSE:LMT) last posted its quarterly earnings data on Thursday, January 29th. The aerospace company reported $5.80 EPS for the quarter, missing analysts’ consensus estimates of $6.33 by ($0.53). Lockheed Martin had a net margin of 6.69% and a return on equity of 108.53%. The firm had revenue of $20.32 billion for the quarter, compared to analysts’ expectations of $19.84 billion. During the same quarter last year, the company posted $7.67 EPS. The firm’s revenue was up 9.1% compared to the same quarter last year. On average, equities analysts forecast that Lockheed Martin Corporation will post 27.15 earnings per share for the current year.

Lockheed Martin Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 27th. Stockholders of record on Monday, March 2nd will be paid a $3.45 dividend. This represents a $13.80 annualized dividend and a dividend yield of 2.2%. The ex-dividend date is Monday, March 2nd. Lockheed Martin’s dividend payout ratio is 64.22%.

Analyst Ratings Changes

LMT has been the subject of a number of research analyst reports. Wall Street Zen raised Lockheed Martin from a “buy” rating to a “strong-buy” rating in a report on Saturday, March 14th. Deutsche Bank Aktiengesellschaft upped their price target on Lockheed Martin from $492.00 to $611.00 and gave the company a “hold” rating in a report on Friday, January 30th. TD Cowen lifted their price objective on Lockheed Martin from $600.00 to $670.00 and gave the stock a “hold” rating in a report on Friday, January 30th. Susquehanna boosted their target price on Lockheed Martin from $725.00 to $740.00 and gave the stock a “positive” rating in a research report on Wednesday. Finally, DZ Bank cut shares of Lockheed Martin from a “buy” rating to a “hold” rating and set a $665.00 target price on the stock. in a research note on Tuesday, February 3rd. Six equities research analysts have rated the stock with a Buy rating, fifteen have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Lockheed Martin presently has a consensus rating of “Hold” and an average price target of $623.16.

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.