Lockheed Martin Corporation $LMT Shares Sold by TD Waterhouse Canada Inc.

TD Waterhouse Canada Inc. cut its stake in Lockheed Martin Corporation (NYSE:LMT) by 63.7% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 7,729 shares of the aerospace company’s stock after selling 13,581 shares during the quarter. TD Waterhouse Canada Inc.’s holdings in Lockheed Martin were worth $3,857,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. 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 worth $14,796,000 after acquiring an additional 3,031 shares in the last quarter. VCI Wealth Management LLC bought a new position in Lockheed Martin during the 3rd quarter worth approximately $3,075,000. DAVENPORT & Co LLC grew its position in shares of Lockheed Martin by 22.4% in 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 in the last quarter. Farther Finance Advisors LLC increased its holdings in shares of Lockheed Martin by 29.2% in the 3rd quarter. Farther Finance Advisors LLC now owns 10,036 shares of the aerospace company’s stock valued at $5,010,000 after acquiring an additional 2,270 shares during the last quarter. Finally, Laffer Tengler Investments Inc. raised its position in shares of Lockheed Martin by 482.6% during the 2nd quarter. Laffer Tengler Investments Inc. now owns 6,979 shares of the aerospace company’s stock valued at $3,232,000 after acquiring an additional 5,781 shares in the last quarter. Institutional investors and hedge funds own 74.19% of the company’s stock.

Wall Street Analyst Weigh In

LMT has been the subject of several recent research reports. TD Cowen boosted their target price on shares of Lockheed Martin from $600.00 to $670.00 and gave the company a “hold” rating in a research note on Friday. UBS Group increased their price objective on shares of Lockheed Martin from $513.00 to $580.00 and gave the stock a “neutral” rating in a research note on Thursday, January 15th. Truist Financial lifted their target price on Lockheed Martin from $605.00 to $695.00 and gave the company a “buy” rating in a research note on Friday. Robert W. Baird increased their price target on Lockheed Martin from $550.00 to $640.00 and gave the stock an “outperform” rating in a research report on Friday, January 16th. Finally, JPMorgan Chase & Co. boosted their price objective on Lockheed Martin from $515.00 to $680.00 and gave the company a “neutral” rating in a research report on Friday. Five investment analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Lockheed Martin currently has an average rating of “Hold” and a consensus price target of $577.29.

Key Stories Impacting Lockheed Martin

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

• Positive Sentiment: Company outlook and defense demand — Lockheed gave an upbeat 2026 profit/revenue outlook and cited strong fighter-jet and missile demand alongside a record backlog that supports multi‑year revenue visibility. Reuters: Lockheed Martin forecasts upbeat 2026 profit, revenue
• Positive Sentiment: THAAD and production ramp — Lockheed signed a framework to quadruple THAAD interceptor output (to ~400/year) and will expand munitions capacity, a clear revenue/margin tailwind if sustained. PR Newswire: Lockheed Martin and U.S. Department of War sign framework agreement
• Positive Sentiment: Analyst price-target lifts — Several firms raised targets this morning (Truist to $695, JPMorgan to $680, TD Cowen to $670, RBC to $650), supporting the stock’s upside narrative. MarketScreener: Truist raises price target MarketScreener: JPMorgan raises price target MarketScreener: TD Cowen raises price target MarketScreener: RBC raises price target
• Neutral Sentiment: Q4 results were mixed — revenue and cash flow were strong and backlog is record‑high, but reported EPS comparisons and some measure revisions caused mixed headlines; investors are weighing growth vs. margin/earnings trajectory. PR Newswire: Q4 and FY2025 results
• Neutral Sentiment: FY2026 guidance: narrow differences vs. consensus — management issued EPS guidance of 29.35–30.25 and revenue guidance roughly $77.5B–$80.0B, close to Street expectations but leaving little margin for surprise; this reduces forecast risk but limits upside if growth slows. Reuters: Guidance details
• Negative Sentiment: Some analyst caution remains — Deutsche Bank raised its target but still implies a modest downside versus current levels, showing not all brokers see large incremental upside. MarketScreener: Deutsche Bank raises target but below current price
• Negative Sentiment: Insider selling flagged — recent disclosed insider sales (no purchases) could be read as minor negative signal for sentiment or liquidity needs. QuiverQuant: Q4 earnings and insider activity

Lockheed Martin Stock Up 1.9%

LMT opened at $634.31 on Friday. Lockheed Martin Corporation has a one year low of $410.11 and a one year high of $645.67. The company has a market capitalization of $146.78 billion, a PE ratio of 29.52, a P/E/G ratio of 1.78 and a beta of 0.24. The stock’s fifty day moving average is $509.69 and its 200-day moving average is $480.81. The company has a debt-to-equity ratio of 3.05, a quick ratio of 0.97 and a current ratio of 1.09.

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

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.