Pinnacle Financial Partners Inc Has $24.39 Million Stock Position in Lockheed Martin Corporation $LMT

Pinnacle Financial Partners Inc cut its holdings in Lockheed Martin Corporation (NYSE:LMT) by 6.6% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 48,863 shares of the aerospace company’s stock after selling 3,443 shares during the quarter. Pinnacle Financial Partners Inc’s holdings in Lockheed Martin were worth $24,393,000 at the end of the most recent reporting period.

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

Key Lockheed Martin News

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

• Positive Sentiment: Analyst price-target lift — TD Cowen raised its price target to $600 (maintained a Hold), signaling incremental analyst conviction and giving investors a higher reference for upside. TD Cowen Adjusts Price Target on Lockheed Martin
• Positive Sentiment: Defense-sector bullish narrative — MarketBeat’s “2026 Survival Kit” highlights Lockheed as a core defense holding tied to a large proposed FY2027 defense budget and recent contract wins (e.g., PAC-3 MSE missile awards). That narrative supports demand for LMT as a defensive, revenue-stable name. The 2026 Survival Kit: Gold, Defense, and Trash
• Positive Sentiment: Momentum/technical interest — Retail/quant outlets flagged a rise in LMT’s relative strength (RS) rating, which can attract momentum and ETF flows. Lockheed Martin Stock Sees RS Rating Rocket Higher
• Neutral Sentiment: Mixed Zacks estimate revisions — Zacks issued several updates: it lowered near-term quarterly EPS for some early quarters (Q1 2026 and Q1 2027) while raising other quarterly or full-year forecasts (FY2026, some Q4/Q4 2026 estimates). The net effect is mixed — slightly cautionary for short-term guidance but not a consensus downward revision for full-year earnings. Zacks Research LMT Estimate Updates
• Neutral Sentiment: Longer-term tech/ops focus — The WSJ piece on Lockheed’s CIO highlights AI and centralization of tech strategy; this supports longer-term efficiency and modernization but is unlikely to move near-term earnings materially. Lockheed Martin CIO Says AI Is Remaking Her Role
• Positive Sentiment: Project-specific bullishness — Commentary (Seeking Alpha) arguing that strategic programs like the “Golden Dome” are now critical may drive investor focus on backlog and program optionality, supporting the bullish case for sustained defense revenues. Lockheed Martin: Why The Golden Dome Project Is Now Critical For The Stock
• Negative Sentiment: Technical/short-term risk — Benzinga’s technical note flags LMT as overbought and approaching resistance, suggesting a momentum-driven pullback is possible even as fundamentals remain strong. Traders may take profits near recent highs. Is This The Top For Lockheed Martin?

Insider Buying and Selling

In other Lockheed Martin news, COO John Frank A. St sold 7,792 shares of the stock in a transaction dated 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 sale, the chief operating officer directly owned 1 shares in the company, valued at approximately $491.04. This trade represents a 99.99% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 0.14% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages recently weighed in on LMT. BNP Paribas Exane boosted their price objective on Lockheed Martin from $550.00 to $570.00 and gave the stock an “outperform” rating in a research report on Thursday, January 8th. Robert W. Baird lifted their price target on Lockheed Martin from $500.00 to $550.00 and gave the company an “outperform” rating in a research note on Monday, October 6th. UBS Group upped their price objective on Lockheed Martin from $513.00 to $580.00 and gave the company a “neutral” rating in a research note on Thursday. Citigroup lifted their target price on shares of Lockheed Martin from $505.00 to $592.00 and gave the stock a “neutral” rating in a research report on Tuesday. Finally, Morgan Stanley restated an “equal weight” rating and issued a $543.00 price target (down from $630.00) on shares of Lockheed Martin in a research report on Tuesday, December 16th. Two research analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating, sixteen have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $538.53.

Lockheed Martin Stock Up 0.6%

Lockheed Martin stock opened at $581.62 on Friday. The firm has a market cap of $134.59 billion, a price-to-earnings ratio of 32.47, a PEG ratio of 1.65 and a beta of 0.24. Lockheed Martin Corporation has a 52-week low of $410.11 and a 52-week high of $582.93. The company has a debt-to-equity ratio of 3.32, a quick ratio of 0.97 and a current ratio of 1.13. The firm has a 50 day moving average price of $483.17 and a two-hundred day moving average price of $471.77.

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

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.