Lockheed Martin Corporation $LMT Stock Holdings Lowered by Colonial Trust Advisors

Colonial Trust Advisors trimmed its holdings in shares of Lockheed Martin Corporation (NYSE:LMT) by 5.2% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 16,189 shares of the aerospace company’s stock after selling 881 shares during the period. Colonial Trust Advisors’ holdings in Lockheed Martin were worth $8,082,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the stock. Carnegie Investment Counsel boosted its stake in shares of Lockheed Martin by 11.4% during the 3rd quarter. Carnegie Investment Counsel now owns 29,639 shares of the aerospace company’s stock valued at $14,796,000 after buying an additional 3,031 shares during the period. VCI Wealth Management LLC purchased a new stake in shares of Lockheed Martin during the third quarter worth $3,075,000. DAVENPORT & Co LLC grew its stake in Lockheed Martin by 22.4% in the third quarter. DAVENPORT & Co LLC now owns 25,423 shares of the aerospace company’s stock valued at $12,688,000 after purchasing an additional 4,652 shares in the last quarter. Farther Finance Advisors LLC increased its position in Lockheed Martin by 29.2% in the 3rd quarter. Farther Finance Advisors LLC now owns 10,036 shares of the aerospace company’s stock worth $5,010,000 after purchasing an additional 2,270 shares during the last quarter. Finally, Oppenheimer & Co. Inc. raised its stake in shares of Lockheed Martin by 9.3% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 39,410 shares of the aerospace company’s stock worth $19,674,000 after purchasing an additional 3,352 shares in the last quarter. Institutional investors own 74.19% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on LMT shares. Truist Financial increased their price objective on Lockheed Martin from $605.00 to $695.00 and gave the stock a “buy” rating in a report on Friday, January 30th. The Goldman Sachs Group increased their price target on shares of Lockheed Martin from $464.00 to $517.00 and gave the stock a “sell” rating in a research note on Monday, February 2nd. Robert W. Baird raised their target price on Lockheed Martin from $550.00 to $640.00 and gave the company an “outperform” rating in a report on Friday, January 16th. Deutsche Bank Aktiengesellschaft boosted their target price on Lockheed Martin from $492.00 to $611.00 and gave the stock a “hold” rating in a report on Friday, January 30th. Finally, TD Cowen raised their price target on Lockheed Martin from $600.00 to $670.00 and gave the company a “hold” rating in a research report on Friday, January 30th. Six 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. According to MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $612.50.

Lockheed Martin Trading Up 0.7%

Shares of LMT opened at $664.99 on Wednesday. The stock’s fifty day simple moving average is $571.15 and its 200-day simple moving average is $506.12. The firm has a market capitalization of $153.00 billion, a PE ratio of 30.94, a price-to-earnings-growth ratio of 1.19 and a beta of 0.23. Lockheed Martin Corporation has a 12-month low of $410.11 and a 12-month high of $669.75. The company has a quick ratio of 0.94, a current ratio of 1.09 and a debt-to-equity ratio of 3.05.

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

Lockheed Martin Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 27th. Investors of record on Monday, March 2nd will be issued a dividend of $3.45 per share. The ex-dividend date is Monday, March 2nd. This represents a $13.80 dividend on an annualized basis and a yield of 2.1%. Lockheed Martin’s payout ratio is currently 64.22%.

Key Headlines Impacting Lockheed Martin

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

• Positive Sentiment: Lockheed announced a Foreign Military Sale win to deliver C-130J training devices and upgrades to the Royal Australian Air Force — a government FMS award that supports near‑term revenue and program continuity for Lockheed’s airlift business. Article Title
• Positive Sentiment: New orders flowing through the supply chain: Lockheed placed additional orders with CPI Aerostructures for F‑16 structural assemblies (roughly $9M), signaling continued production for F‑16 Block 70/72 deliveries through 2028. Article Title
• Positive Sentiment: Lockheed joined BCR Cyber’s Strategic Industry Partner Consortium — expanding its footprint in the cyber ecosystem and potentially opening partnership opportunities and classified program collaboration. Article Title
• Positive Sentiment: Program-level tailwinds in space/defense: a Lockheed official highlighted GPS‑IIIF’s ability to blunt adversary counter‑GPS efforts — a narrative that supports continued investment in space systems and related contracts. Article Title
• Neutral Sentiment: Company is a trending ticker in retail/analyst chatter (Zacks, Yahoo) — increased attention can amplify intraday moves but doesn’t by itself change fundamentals. Article Title
• Neutral Sentiment: Operational collaboration with the USAF Test Pilot School on automatic SAM‑avoidance illustrates ongoing R&D and integration work that supports long‑term product capabilities but has limited immediate revenue impact. Article Title
• Neutral Sentiment: Macro geopolitical debate: continued discussion in Europe about stronger defense capabilities could lift demand for U.S. defense exports long term, but outcomes remain uncertain. Article Title
• Negative Sentiment: Industry friction over AI and military use (e.g., Anthropic pushing back against Pentagon use cases) could complicate sourcing of certain commercial AI tools for defense programs, adding program risk or slowing integration timelines. Article Title

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.