<div id="readability-page-1"><p>Slocum Gordon &amp; Co LLP increased its stake in  Lockheed Martin Corporation (NYSE:LMT - Free Report) by 2,652.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,495 shares of the aerospace company's stock after buying an additional 3,368 shares during the period. Lockheed Martin accounts for about  1.4% of Slocum Gordon &amp; Co LLP's portfolio, making the stock its 23rd largest position. Slocum Gordon &amp; Co LLP's holdings in Lockheed Martin were worth $1,745,000 as of its most recent filing with the Securities and Exchange Commission (SEC).</p><div><p><span></span><span>Get <strong>Lockheed Martin</strong> alerts:</span></p></div><ul><li>Why Kratos and AeroVironment Are Suddenly Moving Like Tech Stocks</li></ul><p>A number of other hedge funds have also added to or reduced their stakes in the stock. Investment Advisory Services Inc. TX ADV grew its holdings in  Lockheed Martin by 4.7% during the 2nd quarter. Investment Advisory Services Inc. TX ADV now owns 486 shares of the aerospace company's stock worth $225,000 after acquiring an additional 22 shares in the last quarter.  Broadway Wealth Solutions Inc. boosted its position in  Lockheed Martin by 4.5% during the 2nd quarter. Broadway Wealth Solutions Inc. now owns 511 shares of the aerospace company's stock valued at $237,000 after acquiring an additional 22 shares in the last quarter.  Davis Investment Partners LLC raised its position in shares of  Lockheed Martin by 2.0% in the 2nd quarter. Davis Investment Partners LLC now owns 1,168 shares of the aerospace company's stock worth $544,000 after acquiring an additional 23 shares in the last quarter.  Aaron Wealth Advisors LLC raised its position in shares of  Lockheed Martin by 1.1% in the 2nd quarter. Aaron Wealth Advisors LLC now owns 2,125 shares of the aerospace company's stock worth $984,000 after acquiring an additional 23 shares in the last quarter.  Finally, Pachira Investments Inc. lifted its stake in shares of  Lockheed Martin by 0.5% during the 2nd quarter. Pachira Investments Inc. now owns 4,838 shares of the aerospace company's stock worth $2,241,000 after purchasing an additional 23 shares during the last quarter. 74.19% of the stock is currently owned by institutional investors. </p><h2>Insider Buying and Selling</h2><p>In other Lockheed Martin news, COO John Frank A. St sold 7,792 shares of Lockheed Martin stock in a transaction dated Thursday, October 23rd. The shares were sold at an average price of $491.04, for a total transaction of $3,826,183.68. Following the completion of the transaction, the chief operating officer owned 1 shares in the company, valued at approximately $491.04. The trade was a 99.99% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own  0.14% of the company's stock. </p><h2>Lockheed Martin Stock Down 0.5%</h2><ul><li>The Top 3 AI-Focused Defense Stocks to Put on Your Radar</li></ul><p>LMT stock opened at $483.14 on Monday. The company's 50 day moving average price is $471.07 and its 200 day moving average price is $465.78. The firm has a market capitalization of $111.80 billion, a price-to-earnings ratio of 26.98, a PEG ratio of 1.46 and a beta of 0.24. Lockheed Martin Corporation has a fifty-two week low of $410.11 and a fifty-two week high of $516.00. The company has a debt-to-equity ratio of 3.32, a quick ratio of 0.97 and a current ratio of 1.13. </p><p>Lockheed Martin (NYSE:LMT - Get Free Report) last released its quarterly earnings data on Tuesday, October 21st. The aerospace company reported $6.95 earnings per share for the quarter, topping analysts' consensus estimates of $6.33 by $0.62. The company had revenue of $18.61 billion for the quarter, compared to analysts' expectations of $18.45 billion. Lockheed Martin had a net margin of 5.73% and a return on equity of 111.84%. The firm's revenue for the quarter was up 8.8% on a year-over-year basis. During the same quarter last year, the company earned $6.84 earnings per share. Lockheed Martin has set its FY 2025 guidance at 22.150-22.350 EPS.  On average, equities research analysts anticipate that  Lockheed Martin Corporation will post 27.15 EPS for the current fiscal year. </p><h2>Lockheed Martin Increases Dividend</h2><ul><li>Buyback Boom: 3 Companies Betting Big on Themselves</li></ul><p>The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 30th. Shareholders of record on Monday, December 1st will be issued a $3.45 dividend. This represents a $13.80 annualized dividend and a yield of 2.9%. This is a positive change from Lockheed Martin's previous quarterly dividend of $3.30. The ex-dividend date of this dividend is Monday, December 1st. Lockheed Martin's dividend payout ratio  is currently 77.05%. </p><h2>Analyst Ratings Changes</h2><p>Several research firms have issued reports on LMT. Sanford C. Bernstein lifted their target price on Lockheed Martin from $497.00 to $545.00 and gave the company a &#34;market perform&#34; rating in a research note on Monday, October 20th. BNP Paribas upgraded Lockheed Martin to a &#34;strong-buy&#34; rating in a research report on Tuesday, November 18th. Citigroup initiated coverage on shares of Lockheed Martin in a research note on Thursday, December 11th. They issued a &#34;neutral&#34; rating and a $505.00 price target on the stock. UBS Group reduced their price target on shares of Lockheed Martin from $514.00 to $513.00 and set a &#34;neutral&#34; rating for the company in a research report on Wednesday, October 22nd. Finally, BNP Paribas Exane assumed coverage on shares of Lockheed Martin in a research note on Tuesday, November 18th. They set an &#34;outperform&#34; rating and a $550.00 price objective for the company. Two research analysts have rated the stock with a Strong Buy rating, four have given a Buy rating, eighteen have given a Hold rating and one  has issued  a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of &#34;Hold&#34; and an average price target of $506.67.</p><p><b>Read Our Latest Analysis on LMT</b></p><h2>Lockheed Martin Profile</h2> (Free Report)<p>Lockheed Martin Corporation <span>NYSE: LMT<span></span></span> 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.  </p><p>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.</p><h2>Further Reading</h2><ul><li>Five stocks we like better than Lockheed Martin</li><li>Do not delete, read immediately</li><li>How the Rich Retire</li><li>INVESTOR ALERT: Tiny “$3 AI Wonder Stock” on the Verge of Blasting Off</li><li>How Long Will $1M Last in Retirement?</li><li>Buffett, Gates and Bezos Quietly Dumping Stocks—Here's Why</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUxNVA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUxNVA"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Lockheed Martin Right Now?</h2><p>Before you consider Lockheed Martin, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Lockheed Martin wasn't on the list.</p><p>While Lockheed Martin currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Slocum Gordon & Co LLP significantly increased its stake in Lockheed Martin Corporation by 2,652% during Q3, acquiring an additional 3,368 shares, bringing their total to 3,495 shares valued at $1,745,000. Other hedge funds also adjusted their positions in Lockheed Martin. The company reported strong quarterly earnings, exceeding estimates, and announced a dividend increase to $3.45 per share, payable on December 30th. Lockheed Martin's stock is currently down 0.5%, with a market cap of $111.80 billion and a P/E ratio of 26.98.</p>

Slocum Gordon & Co LLP Buys 3,368 Shares of Lockheed Martin Corporation $LMT