K.J. Harrison & Partners Inc Acquires New Stake in Lockheed Martin Corporation $LMT

K.J. Harrison & Partners Inc acquired a new position in shares of Lockheed Martin Corporation (NYSE:LMT) in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 2,055 shares of the aerospace company’s stock, valued at approximately $1,026,000.

A number of other institutional investors and hedge funds have also made changes to their positions in LMT. Barnes Dennig Private Wealth Management LLC boosted its holdings in 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 purchasing an additional 40 shares in the last quarter. Grey Fox Wealth Advisors LLC purchased a new position in Lockheed Martin in the third quarter worth $27,000. Twin Peaks Wealth Advisors LLC acquired a new stake in Lockheed Martin in the second quarter valued at $29,000. Pilgrim Partners Asia Pte Ltd purchased a new stake in shares of Lockheed Martin during the 3rd quarter worth $35,000. Finally, Physician Wealth Advisors Inc. grew its stake in shares of Lockheed Martin by 61.7% during the 3rd quarter. Physician Wealth Advisors Inc. now owns 76 shares of the aerospace company’s stock worth $38,000 after purchasing an additional 29 shares during the period. 74.19% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about Lockheed Martin

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

• Positive Sentiment: Won or expanded defense contracts that support near‑term revenue and backlog — including a foreign military sale to supply C-130J training devices and upgrades to the Royal Australian Air Force and reported capacity expansions for THAAD and PAC‑3 interceptors. Lockheed Martin Corporation (LMT) Secures Foreign Military Sale Contract Through Wright-Patterson Air Force Base
• Positive Sentiment: Supply‑chain revenue extension: Lockheed’s Aeronautics business placed follow‑on orders with CPI Aerostructures for F‑16 structural assemblies, adding about $9M of orders with deliveries through 2028. CPI Aerostructures Receives Additional Orders Worth $9M From Lockheed Martin for F-16 Structural Assemblies
• Positive Sentiment: Program positioning: Lockheed commentary and involvement in next‑gen space programs (GPS‑IIIF) and cyber partnerships reinforce long‑term TAM exposure in space and cyber. GPS-IIIF Will Change “Calculus” Of Adversaries Seeking To Counter GPS, Lockheed Martin Official Says
• Positive Sentiment: Cyber capability tie‑ups: Lockheed joined BCR Cyber’s strategic industry partner consortium — supportive for its cybersecurity services and bid competitiveness. Lockheed Martin Joins BCR Cyber’s Strategic Industry Partner Consortium
• Neutral Sentiment: Analyst and retail attention: Streaming coverage and “trending” articles (Zacks, MarketBeat/Yahoo) highlight interest but offer mixed buy/sell signals — useful for flows but not new fundamentals. Lockheed Martin Corporation (LMT) Is a Trending Stock: Facts to Know Before Betting on It
• Neutral Sentiment: Minor insider sale: An officer sold 10 shares (de minimis reduction in ownership); not material to fundamentals. SEC Filing – Insider Sale
• Negative Sentiment: Pentagon inquiry into Anthropic exposure: The DoD has asked Lockheed (and Boeing) to disclose reliance on Anthropic’s Claude model as a preliminary step toward labeling Anthropic a “supply‑chain risk” — this raises regulatory/compliance uncertainty and potential disruption to AI tooling used across programs. Pentagon asks Boeing, Lockheed Martin about their exposure to Anthropic, Axios reports
• Negative Sentiment: Sector‑wide rotation and profit‑taking: Defense stocks are pulling back amid investor profit‑taking, rotation back to software, and possible macro/political influence after major speeches — pressure that can amplify LMT downside despite solid contract news. Defense Stocks Are Taking a Hit. There Are 3 Reasons.
• Negative Sentiment: Anthropic conflict context: Coverage of Anthropic’s pushback against military uses highlights potential frictions that could complicate DoD relationships with AI vendors and their contractor customers. Anthropic Tussles with Pentagon as AI Goes to War

Analysts Set New Price Targets

Several analysts recently commented on the stock. UBS Group raised their price objective on shares of Lockheed Martin from $580.00 to $663.00 and gave the company a “neutral” rating in a research note on Monday, February 2nd. TD Cowen boosted their price target on Lockheed Martin from $600.00 to $670.00 and gave the stock a “hold” rating in a research note on Friday, January 30th. JPMorgan Chase & Co. boosted their target price on Lockheed Martin from $515.00 to $680.00 and gave the stock a “neutral” rating in a research report on Friday, January 30th. Deutsche Bank Aktiengesellschaft upped their target price on Lockheed Martin from $492.00 to $611.00 and gave the company a “hold” rating in a report on Friday, January 30th. Finally, Susquehanna reaffirmed a “positive” rating and set a $660.00 price target on shares of Lockheed Martin in a research note on Thursday, January 15th. Six analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $612.50.

Lockheed Martin Stock Performance

Lockheed Martin stock opened at $648.30 on Thursday. Lockheed Martin Corporation has a fifty-two week low of $410.11 and a fifty-two week high of $669.75. The company has a market capitalization of $149.16 billion, a price-to-earnings ratio of 30.17, a PEG ratio of 1.20 and a beta of 0.23. The stock has a fifty day moving average of $574.61 and a two-hundred day moving average of $507.11. The company has a debt-to-equity ratio of 3.05, a quick ratio of 0.94 and a current ratio of 1.09.

Lockheed Martin (NYSE:LMT) last posted its quarterly earnings data on Thursday, January 29th. The aerospace company reported $5.80 EPS for the quarter, missing analysts’ consensus estimates of $6.33 by ($0.53). The company had revenue of $20.32 billion for the quarter, compared to analyst estimates of $19.84 billion. Lockheed Martin had a net margin of 6.69% and a return on equity of 108.53%. The firm’s revenue was up 9.1% on a year-over-year basis. During the same period in the previous year, the business earned $7.67 EPS. On average, analysts anticipate that Lockheed Martin Corporation will post 27.15 EPS for the current fiscal year.

Lockheed Martin Dividend Announcement

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

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.