Korea Investment CORP Cuts Stake in Lockheed Martin Corporation $LMT

Korea Investment CORP trimmed its position in shares of Lockheed Martin Corporation (NYSE:LMT) by 15.8% during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 149,638 shares of the aerospace company’s stock after selling 28,112 shares during the quarter. Korea Investment CORP owned about 0.06% of Lockheed Martin worth $74,701,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Vanguard Group Inc. increased its position in shares of Lockheed Martin by 1.0% during the second quarter. Vanguard Group Inc. now owns 21,697,527 shares of the aerospace company’s stock valued at $10,048,993,000 after acquiring an additional 214,565 shares in the last quarter. Geode Capital Management LLC raised its holdings in Lockheed Martin by 0.4% in the 2nd quarter. Geode Capital Management LLC now owns 4,884,954 shares of the aerospace company’s stock worth $2,256,147,000 after acquiring an additional 19,459 shares during the last quarter. Legal & General Group Plc lifted its position in Lockheed Martin by 0.6% in the 2nd quarter. Legal & General Group Plc now owns 959,510 shares of the aerospace company’s stock valued at $444,387,000 after acquiring an additional 6,073 shares in the last quarter. AQR Capital Management LLC boosted its stake in Lockheed Martin by 6.9% during the 2nd quarter. AQR Capital Management LLC now owns 863,839 shares of the aerospace company’s stock valued at $400,079,000 after purchasing an additional 55,607 shares during the last quarter. Finally, Ameriprise Financial Inc. increased its holdings in shares of Lockheed Martin by 16.6% in the 2nd quarter. Ameriprise Financial Inc. now owns 761,382 shares of the aerospace company’s stock worth $347,381,000 after purchasing an additional 108,553 shares in the last quarter. 74.19% of the stock is currently owned by institutional investors.

Lockheed Martin News Summary

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

• Positive Sentiment: White House meeting: President Trump urged defense CEOs to boost manufacturing and said companies agreed to “quadruple production” of key weaponry—this direct call for faster output supports expectations of larger government orders and helped lift defense names including LMT. Trump says defense CEOs agree to quadruple production of `Exquisite Class’ weaponry
• Positive Sentiment: Market reaction / headlines: Coverage noting “missiles not dividends” and reports that RTX and LMT rose after the White House push amplified the sector rally and investor focus on production and restocking demand. ‘Missiles Not Dividends’: Trump Tells Defense Stocks to Ramp Up Production – RTX and LMT Rise
• Positive Sentiment: Operational developments: Cancellation of a major 82nd Airborne training exercise stoked speculation of possible deployments—signals that could translate into more near?term demand for platforms and munitions where Lockheed is a key supplier. Army Cancels 82nd Airborne Training Exercise as Iran Conflict Escalates, No Ground Deployment Orders Issued
• Positive Sentiment: Analyst/sector notes: Strategy pieces and lists of defense stocks to watch emphasize stronger demand for fighter jets, missiles and air?defense systems—supporting LMT’s growth outlook if the conflict persists and restocking accelerates. 3 Defense Stocks to Watch Amid Rising Middle East Tensions
• Neutral Sentiment: Longer?term tech investments: Lockheed’s new terahertz sensing and quantum ML collaborations signal R&D and capability expansion that support the company’s secure backlog and long?term competitive position, but these are multi?year catalysts rather than immediate revenue drivers. Lockheed Martin Bets On Terahertz Sensing And Quantum Machine Learning
• Neutral Sentiment: Background/market context: Articles highlighting past returns and sector overviews (e.g., retrospective investment pieces, space stock lists) provide context for investor interest but are less likely to change near?term fundamentals. Had You Invested $1,000 in Northrop Grumman or Lockheed Martin a Decade Ago, Here’s What You’d Have Now

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the company. Morgan Stanley set a $675.00 price objective on Lockheed Martin in a research report on Wednesday, February 4th. Truist Financial upped their target price on shares of Lockheed Martin from $605.00 to $695.00 and gave the company a “buy” rating in a research note on Friday, January 30th. TD Cowen raised their price target on shares of Lockheed Martin from $600.00 to $670.00 and gave the company a “hold” rating in a report on Friday, January 30th. The Goldman Sachs Group lifted 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. Finally, Wall Street Zen cut shares of Lockheed Martin from a “strong-buy” rating to a “buy” rating in a report on Sunday, February 8th. Six investment analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $618.95.

Lockheed Martin Trading Up 2.6%

Lockheed Martin stock opened at $672.02 on Monday. Lockheed Martin Corporation has a 12-month low of $410.11 and a 12-month high of $692.00. The firm has a market capitalization of $154.62 billion, a price-to-earnings ratio of 31.27, a P/E/G ratio of 1.21 and a beta of 0.22. The firm has a 50 day moving average of $600.07 and a 200 day moving average of $518.66. The company has a current ratio of 1.09, a quick ratio of 0.94 and a debt-to-equity ratio of 3.05.

Lockheed Martin (NYSE:LMT) last posted its quarterly earnings results on Thursday, January 29th. The aerospace company reported $5.80 earnings per share for the quarter, missing analysts’ consensus estimates of $6.33 by ($0.53). The firm had revenue of $20.32 billion during the quarter, compared to the consensus estimate of $19.84 billion. Lockheed Martin had a return on equity of 108.53% and a net margin of 6.69%.The business’s revenue for the quarter was up 9.1% compared to the same quarter last year. During the same quarter in the previous year, the company earned $7.67 earnings per share. 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 announced a quarterly dividend, which will be paid on Friday, March 27th. Investors of record on Monday, March 2nd will be issued a $3.45 dividend. The ex-dividend date of this dividend is Monday, March 2nd. This represents a $13.80 annualized dividend and a yield of 2.1%. Lockheed Martin’s dividend payout ratio is currently 64.22%.

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.