Bridges Investment Management Inc. Sells 30,322 Shares of Lockheed Martin Corporation $LMT

Bridges Investment Management Inc. cut its holdings in shares of Lockheed Martin Corporation (NYSE:LMT) by 81.1% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,044 shares of the aerospace company’s stock after selling 30,322 shares during the quarter. Bridges Investment Management Inc.’s holdings in Lockheed Martin were worth $3,516,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of LMT. Barnes Dennig Private Wealth Management LLC grew its position in shares of Lockheed Martin by 285.7% in the 3rd quarter. Barnes Dennig Private Wealth Management LLC now owns 54 shares of the aerospace company’s stock valued at $27,000 after acquiring an additional 40 shares during the period. Grey Fox Wealth Advisors LLC acquired a new stake in Lockheed Martin in the 3rd quarter valued at about $27,000. Mid American Wealth Advisory Group Inc. bought a new position in Lockheed Martin during the second quarter worth about $28,000. Twin Peaks Wealth Advisors LLC acquired a new position in Lockheed Martin during the second quarter worth approximately $29,000. Finally, Pilgrim Partners Asia Pte Ltd acquired a new position in Lockheed Martin during the third quarter worth approximately $35,000. 74.19% of the stock is owned by institutional investors and hedge funds.

More Lockheed Martin News

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

Lockheed Martin Price Performance

NYSE:LMT opened at $635.66 on Tuesday. Lockheed Martin Corporation has a 52 week low of $410.11 and a 52 week high of $645.67. The company has a debt-to-equity ratio of 3.05, a quick ratio of 0.94 and a current ratio of 1.09. The firm’s 50-day simple moving average is $513.37 and its 200 day simple moving average is $482.11. The firm has a market cap of $146.25 billion, a price-to-earnings ratio of 29.58, a P/E/G ratio of 1.81 and a beta of 0.23.

Lockheed Martin (NYSE:LMT) last issued its quarterly earnings results 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). Lockheed Martin had a net margin of 6.69% and a return on equity of 108.53%. The company had revenue of $20.32 billion during the quarter, compared to the consensus estimate of $19.84 billion. During the same quarter last year, the firm posted $7.67 earnings per share. The company’s quarterly revenue was up 9.1% on a year-over-year basis. As a group, sell-side analysts predict that Lockheed Martin Corporation will post 27.15 earnings per share for the current year.

Analysts Set New Price Targets

A number of research analysts recently weighed in on the company. Royal Bank Of Canada boosted their target price on Lockheed Martin from $615.00 to $650.00 and gave the stock a “sector perform” rating in a report on Friday. Truist Financial increased 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. BNP Paribas Exane raised their target price on shares of Lockheed Martin from $550.00 to $570.00 and gave the stock an “outperform” rating in a research note on Thursday, January 8th. Susquehanna reaffirmed a “positive” rating and set a $660.00 target price on shares of Lockheed Martin in a report on Thursday, January 15th. Finally, Robert W. Baird increased their price target on shares of Lockheed Martin from $550.00 to $640.00 and gave the company an “outperform” rating in a report on Friday, January 16th. Five equities research analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Lockheed Martin presently has a consensus rating of “Hold” and a consensus price target of $592.88.

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.