Lockheed Martin (NYSE:LMT) Trading Down 1.5% – Should You Sell?

Lockheed Martin Corporation (NYSE:LMT)’s stock price traded down 1.5% on Tuesday . The stock traded as low as $568.84 and last traded at $572.8090. 1,593,687 shares were traded during mid-day trading, a decline of 8% from the average session volume of 1,735,750 shares. The stock had previously closed at $581.28.

Key Lockheed Martin News

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

• Positive Sentiment: Strong defense demand and backlog support long‑term revenue prospects; analysts note Lockheed is positioned to benefit from rising global and U.S. missile/munitions spending. Lockheed Martin vs. RTX: Defense Spending Is Surging — Here’s Who Wins
• Positive Sentiment: New international and program wins give revenue visibility — Peru selected 12 F‑16 Block 70 jets and Lockheed announced other contract awards. Peru Selects Lockheed Martin F-16 Block 70
• Neutral Sentiment: Company reaffirmed FY2026 guidance (EPS range $29.35–$30.25; revenue $77.5B–$80.0B), leaving full‑year outlook intact but slightly below consensus midpoint — a mixed signal that limits upside yet reduces surprise risk. Lockheed Martin Press Release / Slide Deck
• Negative Sentiment: Q1 EPS missed estimates — $6.44 vs. consensus roughly $6.7–$6.8 — and revenue slightly below expectations, prompting investor selling. Lockheed Martin First-Quarter Results Miss Street Views; Shares Fall
• Negative Sentiment: Free cash flow swung negative (reported ~$(291)m), and operating cash from ops was weak — the cash burn raises near‑term funding and execution concerns. Lockheed Martin Reports First Quarter 2026 Financial Results
• Negative Sentiment: Program delays and higher costs on some fixed‑price contracts (notably aircraft programs such as F‑16/C‑130) pressured margins and profit recognition this quarter. Lockheed Martin posts lower quarterly profit as delays weigh
• Negative Sentiment: Market reaction amplified by the EPS/revenue miss and cash concerns despite the bright defense outlook — analysts and traders trimmed positions after the print. Why Lockheed Martin Stock Just Dropped

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on LMT shares. Weiss Ratings raised Lockheed Martin from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, March 23rd. Deutsche Bank Aktiengesellschaft raised their price objective on Lockheed Martin from $492.00 to $611.00 and gave the company a “hold” rating in a report on Friday, January 30th. Argus raised their price objective on Lockheed Martin from $530.00 to $735.00 and gave the company a “buy” rating in a report on Friday, March 6th. DZ Bank cut Lockheed Martin from a “buy” rating to a “hold” rating and set a $665.00 price objective on the stock. in a report on Tuesday, February 3rd. Finally, Sanford C. Bernstein raised their price objective on Lockheed Martin from $654.00 to $661.00 and gave the company a “market perform” rating in a report on Tuesday. Seven equities research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Lockheed Martin presently has a consensus rating of “Hold” and a consensus price target of $646.16.

Lockheed Martin Trading Down 4.5%

The firm has a 50-day moving average of $633.27 and a 200-day moving average of $553.09. 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 $122.21 billion, a P/E ratio of 24.68, a price-to-earnings-growth ratio of 1.02 and a beta of 0.23.

Lockheed Martin (NYSE:LMT) last posted its quarterly earnings results on Thursday, April 23rd. The aerospace company reported $6.44 earnings per share (EPS) for the quarter, missing the consensus estimate of $6.79 by ($0.35). Lockheed Martin had a return on equity of 108.53% and a net margin of 6.69%.The company had revenue of $18.02 billion for the quarter, compared to the consensus estimate of $18.38 billion. During the same quarter in the previous year, the business earned $7.28 earnings per share. Lockheed Martin’s revenue was up .3% compared to the same quarter last year. Lockheed Martin has set its FY 2026 guidance at 29.350-30.250 EPS. On average, equities research analysts anticipate that Lockheed Martin Corporation will post 29.97 EPS for the current fiscal year.

Lockheed Martin Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Monday, March 2nd were given a dividend of $3.45 per share. This represents a $13.80 annualized dividend and a yield of 2.6%. The ex-dividend date was Monday, March 2nd. Lockheed Martin’s dividend payout ratio (DPR) is presently 64.22%.

Hedge Funds Weigh In On Lockheed Martin

Several institutional investors and hedge funds have recently bought and sold shares of LMT. Diamant Asset Management Inc. grew its position in Lockheed Martin by 60,339.0% during the 1st quarter. Diamant Asset Management Inc. now owns 879,387 shares of the aerospace company’s stock worth $531,493,000 after acquiring an additional 877,932 shares during the last quarter. AQR Capital Management LLC grew its position in shares of Lockheed Martin by 107.3% in the 4th quarter. AQR Capital Management LLC now owns 1,293,823 shares of the aerospace company’s stock worth $625,784,000 after buying an additional 669,604 shares during the last quarter. Morgan Stanley grew its position in shares of Lockheed Martin by 10.1% in the 4th quarter. Morgan Stanley now owns 5,728,551 shares of the aerospace company’s stock worth $2,770,729,000 after buying an additional 527,523 shares during the last quarter. Sanders Capital LLC bought a new stake in shares of Lockheed Martin in the 3rd quarter worth approximately $252,699,000. Finally, Corient Private Wealth LLC grew its position in shares of Lockheed Martin by 203.3% in the 4th quarter. Corient Private Wealth LLC now owns 560,363 shares of the aerospace company’s stock worth $271,031,000 after buying an additional 375,622 shares during the last quarter. 74.19% of the stock is currently owned by institutional investors.

Lockheed Martin Company Profile

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.