Lockheed Martin Corporation $LMT Stake Increased by Hohimer Wealth Management LLC

Posted by Francis Steltz on Nov 9th, 2026

Hohimer Wealth Management LLC lifted its holdings in shares of Lockheed Martin Corporation (NYSE:LMT – Free Report) by 28.2% during the 3rd quarter, Holdings Channel.com reports. The firm owned 10,279 shares of the aerospace company’s stock after purchasing an additional 2,262 shares during the period. Hohimer Wealth Management LLC’s holdings in Lockheed Martin were worth $5,235,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in LMT. State Street Corp raised its holdings in shares of Lockheed Martin by 1.3% in the second quarter. State Street Corp now owns 32,975,170 shares of the aerospace company’s stock valued at $16,799,530,000 after buying an additional 419,582 shares during the last quarter. BlackRock Inc. acquired a new position in Lockheed Martin during the 2nd quarter worth about $9,617,574,000. Corient Private Wealth LP bought a new stake in Lockheed Martin during the 2nd quarter worth about $101,960,000. Sanders Capital LLC grew its holdings in Lockheed Martin by 44.8% during the 3rd quarter. Sanders Capital LLC now owns 3,030,638 shares of the aerospace company’s stock worth $1,543,352,000 after acquiring an additional 937,105 shares during the last quarter. Finally, Bank of New York Mellon Corp bought a new stake in Lockheed Martin during the 2nd quarter worth about $645,258,000. 74.19% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting Lockheed Martin

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 Trading Down 0.1%

Shares of LMT opened at $566.43 on Monday. The company has a quick ratio of 1.10, a current ratio of 1.26 and a debt-to-equity ratio of 2.04. Lockheed Martin Corporation has a 12-month low of $437.25 and a 12-month high of $692.00. The firm has a market capitalization of $130.85 billion, a PE ratio of 20.12, a price-to-earnings-growth ratio of 1.20 and a beta of 0.07. The stock’s fifty day simple moving average is $548.25 and its 200-day simple moving average is $569.65.

Lockheed Martin (NYSE:LMT – Get Free Report) last announced its quarterly earnings data on Thursday, October 22nd. The aerospace company reported $7.97 EPS for the quarter, topping analysts’ consensus estimates 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 return on equity of 83.41% and a net margin of 8.23%. The company’s revenue was up 11.3% on a year-over-year basis. During the same period last year, the company earned $6.95 earnings per share. As a group, research analysts predict that Lockheed Martin Corporation will post 30.66 earnings per share for the current year.

Lockheed Martin Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 31st. Shareholders of record on Tuesday, December 1st will be given a dividend of $3.60 per share. This represents a $14.40 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date is Tuesday, December 1st. This is a boost from Lockheed Martin’s previous quarterly dividend of $3.45. Lockheed Martin’s dividend payout ratio is currently 49.02%.

Analyst Ratings Changes

LMT has been the subject of several research reports. Sanford C. Bernstein lowered their price objective on shares of Lockheed Martin from $629.00 to $564.00 and set a “market perform” rating for the company in a research report on Wednesday, October 14th. Citigroup upped their target price on shares of Lockheed Martin from $691.00 to $706.00 and gave the stock a “buy” rating in a research report on Friday, October 23rd. Rothschild & Co Redburn began coverage on shares of Lockheed Martin in a research report on Tuesday, October 6th. They set a “buy” rating and a $650.00 target price on the stock. Morgan Stanley increased their price target on shares of Lockheed Martin from $653.00 to $690.00 and gave the company an “equal weight” rating in a research note on Friday, July 24th. Finally, Guggenheim began coverage on shares of Lockheed Martin in a report on Wednesday, November 4th. They issued a “buy” rating and a $735.00 price target for the company. One 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 assigned a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $647.00.

Check Out Our Latest Analysis on LMT

Lockheed Martin Company 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.