New York State Teachers Retirement System Reduces Stake in Lockheed Martin Corporation $LMT

New York State Teachers Retirement System decreased its position in shares of Lockheed Martin Corporation (NYSE:LMT) by 7.2% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 178,321 shares of the aerospace company’s stock after selling 13,921 shares during the quarter. New York State Teachers Retirement System owned approximately 0.08% of Lockheed Martin worth $89,020,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Barnes Dennig Private Wealth Management LLC grew its stake in shares of Lockheed Martin by 285.7% in the third quarter. Barnes Dennig Private Wealth Management LLC now owns 54 shares of the aerospace company’s stock worth $27,000 after acquiring an additional 40 shares in the last quarter. Mid American Wealth Advisory Group Inc. acquired a new position in Lockheed Martin during the 2nd quarter worth $28,000. Twin Peaks Wealth Advisors LLC purchased a new stake in Lockheed Martin during the 2nd quarter worth about $29,000. Frazier Financial Advisors LLC acquired a new stake in Lockheed Martin in the 2nd quarter valued at about $34,000. Finally, MTM Investment Management LLC acquired a new stake in Lockheed Martin in the 2nd quarter valued at about $36,000. 74.19% of the stock is currently owned by institutional investors and hedge funds.

Lockheed Martin News Roundup

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

• Positive Sentiment: Large proposed defense budget: President Trump’s proposal to raise U.S. military spending toward $1.5 trillion has pushed defense names higher and is the primary near?term driver supporting LMT’s rally. A $1.5 Trillion Reason to Buy Lockheed Martin Stock in 2026
• Positive Sentiment: Operational momentum: Lockheed reported a record 191 F?35 deliveries in 2025, reinforcing production scale and contract leverage that investors reward in a higher?budget scenario. Lockheed says 2025 F-35 deliveries hit 191 as demand lifts production pace
• Positive Sentiment: Analyst upgrade / attractive risk/reward: Truist upgraded LMT, saying the risk/reward looks more attractive after 2025 weakness — a catalyst for buyers seeking exposure to a higher?spend backdrop. After a Tough 2025, Lockheed Martin Stock Can Have a Better 2026
• Positive Sentiment: Upgraded estimates: Several Zacks analyst notes raised near?term EPS estimates for 2026/2027, supporting an earnings outlook that justifies premium defense multiples if budgets rise. Lockheed Martin (LMT Stock) Climbs On Trump’s Defense Budget Comments: These Congress Members Could Profit
• Neutral Sentiment: Short?term price action/volume: Coverage notes the stock moved on heavy volume and that recent earnings?estimate revisions are mixed; technical momentum may continue but could be choppy. Lockheed (LMT) Surges 4.3%: Is This an Indication of Further Gains?
• Negative Sentiment: Regulatory/policy risk — buybacks & dividends: An executive order and social?media posts from the president targeting buybacks/dividends for defense contractors caused sharp volatility and could pressure shareholder returns going forward. Trump signs order to block defense companies from buying back stock until arms production improves
• Negative Sentiment: Sentiment whipsaw from presidential comments: Markets reacted to posts about restricting buybacks/dividends, briefly hitting shares before the budget news reversed some losses — political headlines remain a wild card. Lockheed Martin, Northrop Grumman Shares Hit by Trump Post on Share Buybacks

Insider Transactions at Lockheed Martin

In other news, COO John Frank A. St sold 7,792 shares of the firm’s stock in a transaction on Thursday, October 23rd. The shares were sold at an average price of $491.04, for a total value of $3,826,183.68. Following the completion of the sale, the chief operating officer owned 1 shares in the company, valued at approximately $491.04. This trade represents a 99.99% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.14% of the company’s stock.

Lockheed Martin Price Performance

Shares of LMT opened at $542.87 on Friday. The company has a debt-to-equity ratio of 3.32, a quick ratio of 0.97 and a current ratio of 1.13. Lockheed Martin Corporation has a fifty-two week low of $410.11 and a fifty-two week high of $546.07. The firm has a 50-day simple moving average of $473.83 and a 200-day simple moving average of $468.07. The company has a market capitalization of $125.62 billion, a price-to-earnings ratio of 30.31, a price-to-earnings-growth ratio of 1.55 and a beta of 0.24.

Lockheed Martin (NYSE:LMT) last issued its quarterly earnings results on Tuesday, October 21st. The aerospace company reported $6.95 earnings per share (EPS) for the quarter, beating the consensus estimate of $6.33 by $0.62. Lockheed Martin had a return on equity of 111.84% and a net margin of 5.73%.The firm had revenue of $18.61 billion for the quarter, compared to analysts’ expectations of $18.45 billion. During the same quarter in the previous year, the firm posted $6.84 EPS. The firm’s revenue for the quarter was up 8.8% on a year-over-year basis. Lockheed Martin has set its FY 2025 guidance at 22.150-22.350 EPS. On average, equities research analysts anticipate that Lockheed Martin Corporation will post 27.15 earnings per share for the current year.

Analyst Ratings Changes

LMT has been the topic of a number of recent research reports. Wall Street Zen lowered shares of Lockheed Martin from a “strong-buy” rating to a “buy” rating in a research note on Saturday, December 13th. Deutsche Bank Aktiengesellschaft reduced their price objective on shares of Lockheed Martin from $517.00 to $492.00 and set a “hold” rating on the stock in a report on Wednesday, December 10th. UBS Group reiterated a “neutral” rating on shares of Lockheed Martin in a research note on Wednesday. BNP Paribas upgraded Lockheed Martin to a “strong-buy” rating in a report on Tuesday, November 18th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Lockheed Martin in a research note on Wednesday, October 8th. Two equities research analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating, sixteen have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Lockheed Martin currently has a consensus rating of “Hold” and an average price target of $512.35.

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.