Lockheed Martin (NYSE:LMT) Stock Picked Up by Analysts at Rothschild & Co Redburn

Equities research analysts at Rothschild & Co Redburn assumed coverage on shares of Lockheed Martin (NYSE:LMT) in a research report issued on Tuesday, Marketbeat Ratings reports. The firm set a “buy” rating and a $650.00 price target on the aerospace company’s stock. Rothschild & Co Redburn’s price target would suggest a potential upside of 30.23% from the stock’s previous close.

A number of other analysts have also recently commented on the company. Jefferies Financial Group reiterated a “hold” rating on shares of Lockheed Martin in a research report on Wednesday, September 2nd. Robert W. Baird set a $700.00 price target on Lockheed Martin in a research note on Friday, July 24th. Weiss Ratings lowered Lockheed Martin from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Thursday, September 24th. UBS Group upgraded Lockheed Martin from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $581.00 to $674.00 in a research note on Tuesday, September 8th. Finally, Morgan Stanley increased their price objective on Lockheed Martin from $653.00 to $690.00 and gave the company an “equal weight” rating in a report on Friday, July 24th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Lockheed Martin presently has an average rating of “Hold” and a consensus target price of $638.21.

Lockheed Martin Trading Down 2.2%

Shares of Lockheed Martin stock opened at $499.13 on Tuesday. The company has a current ratio of 1.19, a quick ratio of 1.01 and a debt-to-equity ratio of 2.34. The company has a fifty day simple moving average of $550.68 and a 200-day simple moving average of $548.23. The stock has a market cap of $115.19 billion, a price-to-earnings ratio of 18.40, a PEG ratio of 1.11 and a beta of 0.09. Lockheed Martin has a 12-month low of $437.25 and a 12-month high of $692.00.

Lockheed Martin (NYSE:LMT) last announced its quarterly earnings results on Thursday, July 23rd. The aerospace company reported $7.94 EPS for the quarter, topping the consensus estimate of $7.22 by $0.72. Lockheed Martin had a net margin of 8.16% and a return on equity of 91.42%. The firm had revenue of $20.06 billion for the quarter, compared to analyst estimates of $19.34 billion. During the same period last year, the business earned $1.46 EPS. Lockheed Martin’s revenue for the quarter was up 10.5% compared to the same quarter last year. Lockheed Martin has set its FY 2026 guidance at 29.950-30.650 EPS. On average, equities analysts forecast that Lockheed Martin will post 30.44 EPS for the current fiscal year.

Institutional Trading of Lockheed Martin

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. State Street Corp raised its stake in shares of Lockheed Martin by 1.3% during the second quarter. State Street Corp now owns 32,975,170 shares of the aerospace company’s stock worth $16,799,530,000 after purchasing an additional 419,582 shares during the last quarter. BlackRock Inc. purchased a new position in Lockheed Martin in the 2nd quarter valued at $9,617,574,000. Corient Private Wealth LP increased its stake in Lockheed Martin by 3,983.3% in the 2nd quarter. Corient Private Wealth LP now owns 7,110,961 shares of the aerospace company’s stock valued at $3,622,750,000 after buying an additional 6,936,814 shares during the period. Deutsche Bank AG increased its stake in Lockheed Martin by 7.4% in the 4th quarter. Deutsche Bank AG now owns 1,440,840 shares of the aerospace company’s stock valued at $696,891,000 after buying an additional 99,403 shares during the period. Finally, Bank of New York Mellon Corp purchased a new position in Lockheed Martin during the 2nd quarter worth $645,258,000. 74.19% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about Lockheed Martin

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

• Positive Sentiment: Rothschild & Co. Redburn initiated coverage with a Strong Buy rating and a $650 price target, implying substantial upside from recent levels. Rothschild & Co Redburn Upgrades Lockheed Martin
• Positive Sentiment: The U.S. Navy awarded Lockheed Martin a $209 million electronic-warfare contract modification, with potential options increasing the total value to approximately $1.71 billion. The award supports revenue visibility from fleet modernization. Lockheed Martin Awarded $209 Million Navy Contract Modification
• Positive Sentiment: Lockheed Martin received a $245 million modification for a second Infrared Search and Track (IRST) Block II order, while Boeing reportedly received a $14.7 billion contract from LMT to help triple PAC-3 MSE seeker production. These developments point to sustained demand for missile-defense and advanced sensor systems. Lockheed Martin Nabs $245 Million IRST Order
• Positive Sentiment: Morocco’s first Lockheed Martin F-16 Block 72 completed its initial flight, marking progress on the international fighter program and supporting the company’s backlog and global defense relationships. First Flight of Morocco’s First F-16 Block 72
• Neutral Sentiment: Analysts and financial commentary are framing LMT as a potentially undervalued defense stock ahead of third-quarter earnings. Its prior quarter exceeded consensus estimates for earnings and revenue, but investors are waiting for updated guidance and program execution details.
• Negative Sentiment: The stock has lagged the broader market and remains well below its 52-week high. That relative weakness, combined with the upcoming earnings event, is likely encouraging profit-taking and keeping buyers cautious. Lockheed Martin Is Cheap and Lagging

About Lockheed Martin

Lockheed Martin Corporation is a global aerospace, defense and technology company headquartered in Bethesda, Maryland. The company develops and produces advanced systems for government and commercial customers, with the U.S. Department of Defense and other U.S. government agencies representing its primary customers.

Its principal activities include the design and manufacture of military aircraft, missiles, air and missile defense systems, radar and sensor technologies, naval and rotary-wing systems, satellites, space exploration systems, and cybersecurity and information technology solutions.