TIAA Trust National Association Has $9.13 Million Stock Position in Lockheed Martin Corporation $LMT

TIAA Trust National Association decreased its position in Lockheed Martin Corporation (NYSE:LMT) by 4.9% during the 3rd quarter, Holdings Channel.com reports. The fund owned 18,287 shares of the aerospace company’s stock after selling 950 shares during the quarter. TIAA Trust National Association’s holdings in Lockheed Martin were worth $9,129,000 at the end of the most recent quarter.

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

Analyst Upgrades and Downgrades

A number of analysts recently commented on the stock. DZ Bank cut shares of Lockheed Martin from a “buy” rating to a “hold” rating and set a $665.00 price objective for the company. in a research report on Tuesday, February 3rd. The Goldman Sachs Group increased their price target on Lockheed Martin from $464.00 to $517.00 and gave the stock a “sell” rating in a report on Monday, February 2nd. Robert W. Baird raised their price target on Lockheed Martin from $550.00 to $640.00 and gave the stock an “outperform” rating in a research report on Friday, January 16th. Susquehanna reiterated a “positive” rating and issued a $660.00 price objective on shares of Lockheed Martin in a research report on Thursday, January 15th. Finally, TD Cowen lifted their price target on shares of Lockheed Martin from $600.00 to $670.00 and gave the company a “hold” rating in a research note on Friday, January 30th. Six investment analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $612.50.

Key Lockheed Martin News

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

• Positive Sentiment: Unusual call buying — Traders bought 155,267 LMT call options today (roughly a 1,691% jump versus typical daily call volume), a strongly bullish signal that likely pushed intraday prices higher.
• Positive Sentiment: AI-driven manufacturing interest — Industry research highlights growing investment in AI-driven, software-defined defense factories and notes primes like Lockheed as potential beneficiaries, supporting longer-term revenue/efficiency upside. AI-Driven Defense Manufacturing Infrastructure Report 2025-2030
• Positive Sentiment: Relative strength vs. broader market — Coverage noting LMT is outperforming the Nasdaq and that the Street remains constructive likely reinforced investor confidence and buying momentum. Is Lockheed Martin Stock Outperforming the Nasdaq?
• Positive Sentiment: Analyst/industry commentary on durable growth — Recent write-ups emphasize Lockheed’s predictable revenue profile and geopolitical hedge, supporting a bullish/defensive case for the stock. Lockheed Martin: Robust, Predictable Growth With Geopolitical Hedge Built In
• Neutral Sentiment: Valuation/positioning view — Some analyst pieces call Lockheed operationally strong but “fully priced,” recommending a hold rather than buy, which tempers upside despite positive fundamentals. Operationally Strong, Valuation Fully Priced – Hold
• Negative Sentiment: Pentagon/Anthropic scrutiny — The Pentagon’s dispute with Anthropic and requests for defense primes (including Lockheed) to report any reliance on Anthropic’s Claude model raise supply‑chain/third‑party AI risk concerns; this creates short‑term uncertainty about contract requirements, certification, or replacement costs. Pentagon Anthropic feud has sales and AI warfare at stake Pentagon asks Boeing, Lockheed Martin about their exposure to Anthropic

Lockheed Martin Stock Performance

LMT opened at $659.24 on Friday. The business’s 50-day simple moving average is $581.76 and its 200 day simple moving average is $509.66. Lockheed Martin Corporation has a 52-week low of $410.11 and a 52-week high of $669.75. The company has a debt-to-equity ratio of 3.05, a quick ratio of 0.94 and a current ratio of 1.09. The firm has a market capitalization of $151.68 billion, a PE ratio of 30.68, a PEG ratio of 1.16 and a beta of 0.23.

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 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 company had revenue of $20.32 billion for the quarter, compared to analyst estimates of $19.84 billion. During the same period last year, the firm earned $7.67 EPS. The firm’s revenue for the quarter was up 9.1% compared to the same quarter last year. As a group, sell-side analysts expect that Lockheed Martin Corporation will post 27.15 earnings per share for the current fiscal year.

Lockheed Martin Announces Dividend

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 $3.45 dividend. 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 dividend payout ratio (DPR) is currently 64.22%.

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.