TD Private Client Wealth LLC Raises Position in Lockheed Martin Corporation $LMT

TD Private Client Wealth LLC boosted its holdings in Lockheed Martin Corporation (NYSE:LMT) by 48.6% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 6,767 shares of the aerospace company’s stock after purchasing an additional 2,214 shares during the period. TD Private Client Wealth LLC’s holdings in Lockheed Martin were worth $3,378,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in LMT. Brighton Jones LLC lifted its position in Lockheed Martin by 5.0% in the fourth quarter. Brighton Jones LLC now owns 3,995 shares of the aerospace company’s stock valued at $1,941,000 after purchasing an additional 191 shares during the last quarter. Parallel Advisors LLC grew its holdings in shares of Lockheed Martin by 3.6% in the second quarter. Parallel Advisors LLC now owns 6,481 shares of the aerospace company’s stock worth $3,002,000 after purchasing an additional 223 shares during the last quarter. Gradient Investments LLC raised its holdings in Lockheed Martin by 0.8% during the 2nd quarter. Gradient Investments LLC now owns 11,961 shares of the aerospace company’s stock valued at $5,540,000 after buying an additional 95 shares during the last quarter. Apella Capital LLC raised its holdings in Lockheed Martin by 48.9% during the 2nd quarter. Apella Capital LLC now owns 1,592 shares of the aerospace company’s stock valued at $747,000 after buying an additional 523 shares during the last quarter. Finally, Everpar Advisors LLC boosted its position in Lockheed Martin by 11.1% during the 2nd quarter. Everpar Advisors LLC now owns 560 shares of the aerospace company’s stock valued at $259,000 after buying an additional 56 shares during the period. 74.19% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the stock. Morgan Stanley reaffirmed an “equal weight” rating and set a $543.00 price objective (down from $630.00) on shares of Lockheed Martin in a research note on Tuesday, December 16th. UBS Group reissued a “neutral” rating on shares of Lockheed Martin in a research report on Wednesday, January 7th. BNP Paribas Exane initiated coverage on shares of Lockheed Martin in a report on Tuesday, November 18th. They issued an “outperform” rating and a $550.00 price objective for the company. Royal Bank Of Canada lifted their target price on shares of Lockheed Martin from $440.00 to $525.00 and gave the company a “sector perform” rating in a research note on Tuesday, October 7th. Finally, JPMorgan Chase & Co. reissued a “neutral” rating and issued a $515.00 price target (up from $465.00) on shares of Lockheed Martin in a research note on Friday, December 19th. Two research analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating, sixteen have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Lockheed Martin has an average rating of “Hold” and a consensus target price of $522.24.

Lockheed Martin Trading Up 1.2%

NYSE:LMT opened at $557.83 on Wednesday. The firm has a market capitalization of $129.08 billion, a P/E ratio of 31.15, a PEG ratio of 1.57 and a beta of 0.24. The company has a debt-to-equity ratio of 3.32, a current ratio of 1.13 and a quick ratio of 0.97. Lockheed Martin Corporation has a one year low of $410.11 and a one year high of $563.30. The company’s 50-day simple moving average is $476.55 and its 200 day simple moving average is $469.49.

Lockheed Martin (NYSE:LMT) last released its 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. The firm had revenue of $18.61 billion during the quarter, compared to analyst estimates of $18.45 billion. Lockheed Martin had a net margin of 5.73% and a return on equity of 111.84%. The business’s revenue was up 8.8% on a year-over-year basis. During the same period last year, the business earned $6.84 earnings per share. Lockheed Martin has set its FY 2025 guidance at 22.150-22.350 EPS. As a group, analysts forecast that Lockheed Martin Corporation will post 27.15 EPS for the current fiscal year.

More Lockheed Martin News

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

• Positive Sentiment: Big proposed U.S. defense budget (talk of a $1.5 trillion plan) is powering renewed bullishness for prime contractors and has coincided with analyst upgrades and higher price targets — a direct tailwind for Lockheed as a major DoD supplier. Lockheed Martin Stock (LMT) Opinions on Proposed $1.5 Trillion Defense Budget
• Positive Sentiment: Contract and production updates — expanded PAC?3 MSE production framework and a record F?35 delivery run (and significant long?lead F?35 funding) boost revenue visibility and order backlog, supporting near?term organic growth. Lockheed Martin Stock Rises 13.7% in a Month: Here’s How to Play
• Positive Sentiment: Wall Street appetite: Truist (and other recent analyst attention) has pushed ratings/targets higher, including some raised price targets as analysts re-rate the stock on stronger fiscal outlook and contract flow. Analyst activity lends momentum to the rally. Lockheed Martin (NYSE:LMT) Upgraded at Truist Financial
• Positive Sentiment: Technical/market signal — LMT hit a 52?week high, signaling strong buyer interest and attracting momentum traders. Lockheed Martin stock hits 52-week high at $561.81
• Neutral Sentiment: Sector ripple from L3Harris DoD investment — the Pentagon’s direct funding to expand missile production capacity eases supply?chain bottlenecks that benefit primes like Lockheed, but it also restructures supplier dynamics and creates a stronger, potentially more competitive supplier base. Net effect is mixed/sector?level. L3Harris Blasts Off With a $1 Billion Pentagon Payload
• Neutral Sentiment: Analyst nuance: some firms maintain cautious/hold views (Jefferies maintain) even as others upgrade — suggests upside is accepted but valuation and execution risks keep some investors restrained. Balanced Risk/Reward and Unlocked Optionality Keep Lockheed Martin at Hold
• Negative Sentiment: Insider selling and mixed institutional flows: recent disclosures show insider sales and sizable portfolio rebalancing among hedge funds and institutions — a potential caution flag if sustained. Lockheed Martin Stock (LMT) Opinions on Proposed $1.5 Trillion Defense Budget

Insider Activity 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 stock was sold at an average price of $491.04, for a total transaction of $3,826,183.68. Following the completion of the transaction, the chief operating officer directly owned 1 shares in the company, valued at $491.04. This trade represents a 99.99% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 0.14% of the company’s stock.

Lockheed Martin 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.