Lockheed Martin Corporation $LMT Stock Sold by Brighton Jones LLC

Posted by Francis Steltz on Nov 9th, 2026

Brighton Jones LLC reduced its holdings in shares of Lockheed Martin Corporation (NYSE:LMT – Free Report) by 9.9% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 8,875 shares of the aerospace company’s stock after selling 973 shares during the period. Brighton Jones LLC’s holdings in Lockheed Martin were worth $4,520,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of LMT. Norris Financial Group LLC bought a new stake in shares of Lockheed Martin during the 1st quarter valued at approximately $2,321,000. CX Institutional boosted its holdings in shares of Lockheed Martin by 527.4% during the 3rd quarter. CX Institutional now owns 18,415 shares of the aerospace company’s stock valued at $9,378,000 after acquiring an additional 15,480 shares in the last quarter. Talon Private Wealth LLC acquired a new stake in shares of Lockheed Martin during the 1st quarter valued at $3,743,000. Meeder Asset Management Inc. acquired a new stake in shares of Lockheed Martin during the 2nd quarter valued at $11,036,000. Finally, OneDigital Investment Advisors LLC bought a new stake in Lockheed Martin during the 2nd quarter worth $4,796,000. 74.19% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on LMT. Jefferies Financial Group reissued a “hold” rating and set a $615.00 price target on shares of Lockheed Martin in a research note on Sunday, October 25th. Citigroup raised their price objective on shares of Lockheed Martin from $691.00 to $706.00 and gave the company a “buy” rating in a report on Friday, October 23rd. UBS Group boosted their target price on shares of Lockheed Martin from $653.00 to $692.00 and gave the stock a “buy” rating in a report on Friday, October 23rd. Guggenheim started coverage on shares of Lockheed Martin in a research report on Wednesday, November 4th. They issued a “buy” rating and a $735.00 price target for the company. Finally, Royal Bank Of Canada raised their price target on shares of Lockheed Martin from $550.00 to $600.00 and gave the company a “sector perform” rating in a research note on Friday, October 23rd. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Lockheed Martin presently has a consensus rating of “Moderate Buy” and a consensus price target of $647.00.

Read Our Latest Report on Lockheed Martin

Lockheed Martin Stock Performance

NYSE:LMT opened at $566.43 on Monday. The company has a market capitalization of $130.85 billion, a PE ratio of 20.12, a P/E/G ratio of 1.20 and a beta of 0.07. The company has a 50 day simple moving average of $548.25 and a two-hundred day simple moving average of $569.65. The company has a debt-to-equity ratio of 2.04, a quick ratio of 1.10 and a current ratio of 1.26. Lockheed Martin Corporation has a fifty-two week low of $437.25 and a fifty-two week high of $692.00.

Lockheed Martin (NYSE:LMT – Get Free Report) last released its quarterly earnings results on Thursday, October 22nd. The aerospace company reported $7.97 earnings per share (EPS) for the quarter, topping the consensus estimate of $7.52 by $0.45. The firm had revenue of $20.71 billion during the quarter, compared to analyst estimates of $20.48 billion. Lockheed Martin had a net margin of 8.23% and a return on equity of 83.41%. The company’s revenue was up 11.3% compared to the same quarter last year. During the same quarter last year, the business earned $6.95 EPS. Research analysts anticipate that Lockheed Martin Corporation will post 30.66 earnings per share for the current year.

Lockheed Martin Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 31st. Investors of record on Tuesday, December 1st will be issued a $3.60 dividend. The ex-dividend date is Tuesday, December 1st. This is a positive change from Lockheed Martin’s previous quarterly dividend of $3.45. This represents a $14.40 annualized dividend and a yield of 2.5%. Lockheed Martin’s dividend payout ratio (DPR) is presently 49.02%.

Key Lockheed Martin News

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

Positive Sentiment: Zacks says Lockheed Martin has gained 12% over six months, supported by a record backlog, global defense demand, major contracts and strategic acquisitions. It also describes the shares as trading at a discount to the industry, which could appeal to value-focused investors. Article: LMT Trades at a Discount to the Industry
Positive Sentiment: Industry earnings point to ongoing demand for conventional weapons as well as drones and advanced defense systems, a supportive backdrop for defense contractors, although the article does not provide Lockheed-specific results. Article: Defense earnings reveal a more complicated rearmament boom
Neutral Sentiment: Lockheed Martin is attracting increased attention from Zacks users, but the coverage does not identify a specific new company development driving that interest. Article: What to Know Beyond Why Lockheed Martin Is a Trending Stock
Negative Sentiment: Defense shares faced political and budget uncertainty after Democrats took control of Congress. Reports say a proposed $1.5 trillion defense budget request may be in jeopardy, raising questions about future spending and contributing to pressure on Lockheed Martin and other contractors. Article: Defense Stocks Sank as Democrats Took Congress
Negative Sentiment: Lockheed Martin agreed to pay $29.5 million to settle federal claims that it discriminated against white workers. The payment is a cost and may bring reputational scrutiny, though it is not presented as a change to the company’s operating outlook. Article: Lockheed Martin paying $29.5M settlement

Lockheed Martin Profile

(Free Report)

Lockheed Martin Corporation is a global security and aerospace company headquartered in Bethesda, Maryland. Formed in 1995 through the merger of Lockheed Corporation and Martin Marietta, the company develops and produces advanced defense, aerospace, and technology systems for government and commercial customers.

Its principal business areas include Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space. Products and services include military aircraft such as the F-35 Lightning II, C-130 Hercules, and F-16 Fighting Falcon; missile-defense and precision-strike systems; helicopters and naval systems; command, control, communications, and intelligence technologies; satellites; space exploration systems; and other classified space and defense programs.

Lockheed Martin serves the U.S.