Farther Finance Advisors LLC increased its position in Lockheed Martin Corporation (NYSE:LMT – Free Report) by 64.4% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 16,504 shares of the aerospace company’s stock after acquiring an additional 6,468 shares during the quarter. Farther Finance Advisors LLC’s holdings in Lockheed Martin were worth $7,983,000 at the end of the most recent quarter.
A number of other large investors also recently modified their holdings of the company. Wellington Management Group LLP boosted its position in shares of Lockheed Martin by 3.4% in the third quarter. Wellington Management Group LLP now owns 2,384,753 shares of the aerospace company’s stock valued at $1,190,493,000 after acquiring an additional 79,491 shares during the period. Invesco Ltd. boosted its position in shares of Lockheed Martin by 4.2% in the third quarter. Invesco Ltd. now owns 2,196,058 shares of the aerospace company’s stock valued at $1,096,294,000 after acquiring an additional 87,663 shares during the period. Legal & General Group Plc boosted its position in shares of Lockheed Martin by 6.6% in the third quarter. Legal & General Group Plc now owns 1,022,940 shares of the aerospace company’s stock valued at $510,662,000 after acquiring an additional 63,430 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of Lockheed Martin by 41.3% in the third quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 808,409 shares of the aerospace company’s stock valued at $403,534,000 after acquiring an additional 236,137 shares during the period. Finally, Ameriprise Financial Inc. boosted its position in shares of Lockheed Martin by 16.6% in the second quarter. Ameriprise Financial Inc. now owns 761,382 shares of the aerospace company’s stock valued at $347,381,000 after acquiring an additional 108,553 shares during the period. 74.19% of the stock is currently owned by institutional investors.
Lockheed Martin Stock Down 0.1%
Shares of LMT opened at $611.27 on Thursday. The firm has a market capitalization of $140.87 billion, a P/E ratio of 28.44, a P/E/G ratio of 1.09 and a beta of 0.23. Lockheed Martin Corporation has a 12-month low of $410.11 and a 12-month high of $692.00. The company has a current ratio of 1.09, a quick ratio of 0.94 and a debt-to-equity ratio of 3.05. The firm has a fifty day moving average price of $637.67 and a 200-day moving average price of $550.20.
Lockheed Martin Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Monday, March 2nd were issued a $3.45 dividend. This represents a $13.80 annualized dividend and a dividend yield of 2.3%. The ex-dividend date was Monday, March 2nd. Lockheed Martin’s payout ratio is presently 64.22%.
More Lockheed Martin News
Here are the key news stories impacting Lockheed Martin this week:
- Positive Sentiment: Lockheed authorized a step-up in Lockheed Martin Ventures from $400M to $1B to accelerate defense tech commercialization — a strategic move to seed future revenue streams and strengthen supply‑chain/technology access. Lockheed Martin Authorizes Increase to Venture Capital Fund up to $1 Billion
- Positive Sentiment: The Pentagon awarded a ~$4.76B PAC-3 production contract and cited Artemis II mission milestones — both expand missile-program backlog and highlight profitable, government-funded aerospace work. These boost medium-term revenue visibility. Lockheed Martin’s PAC-3 And Artemis II Milestones Shape LMT Valuation Insight
- Positive Sentiment: Lockheed won a $4.7B Army contract (reported as material new awards) that directly expands its production backlog and near-term revenue recognition prospects. Lockheed Martin Just Scored a $4.7 Billion Army Contract. Does That Make LMT Stock a Buy?
- Positive Sentiment: The Pentagon also awarded up to $1.9B for C-130J training systems, further adding to secured program awards and aftermarket services revenue. Pentagon awards Lockheed Martin up to $1.9B contract for C-130J training systems
- Neutral Sentiment: Analysis pieces and stock lists (Zacks, Motley Fool coverage) highlight that a proposed large federal defense budget could favor LMT long term, but note spending may include conditions and competition; this supports bullish thesis but is not immediate cashflow. Does Trump’s Record Defense Budget Make Lockheed Martin a “Never Sell” Stock?
- Neutral Sentiment: The U.S. Army denied earlier comments about a precision‑missile shortage after Iran-related strikes, removing a potential near-term procurement panic that could have pressured names tied to missile demand. Army Denies Comments About Lockheed Martin Missile Shortage Amid Iran War
- Negative Sentiment: J.P. Morgan assigned a Hold on LMT, which can damp investor enthusiasm and limit near‑term upside from momentum traders. Lockheed Martin (LMT) Receives a Hold from J.P. Morgan
- Negative Sentiment: Market flow: reports note a recent slide as investors rotated into higher‑beta sectors, creating short-term selling pressure despite positive contract announcements. What’s Going On With Lockheed Martin Stock Tuesday?
Analysts Set New Price Targets
LMT has been the subject of a number of analyst reports. Deutsche Bank Aktiengesellschaft raised their price objective on shares of Lockheed Martin from $492.00 to $611.00 and gave the company a “hold” rating in a research report on Friday, January 30th. Royal Bank Of Canada raised their price objective on shares of Lockheed Martin from $615.00 to $650.00 and gave the company a “sector perform” rating in a research report on Friday, January 30th. JPMorgan Chase & Co. raised their target price on shares of Lockheed Martin from $515.00 to $680.00 and gave the company a “neutral” rating in a research note on Friday, January 30th. Truist Financial raised their target price on shares of Lockheed Martin from $605.00 to $695.00 and gave the company a “buy” rating in a research note on Friday, January 30th. Finally, DZ Bank downgraded 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. Seven investment analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $645.79.
Read Our Latest Analysis on LMT
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.
See Also
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