Lockheed Martin (NYSE:LMT) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Lockheed Martin (NYSE:LMT) from a hold rating to a strong-buy rating in a research note published on Saturday morning.

LMT has been the subject of a number of other research reports. Susquehanna reduced their price objective on Lockheed Martin from $740.00 to $700.00 and set a “positive” rating for the company in a research report on Friday, April 24th. Morgan Stanley upped their target price on Lockheed Martin from $653.00 to $690.00 and gave the stock an “equal weight” rating in a research report on Friday. BNP Paribas Exane cut their price target on Lockheed Martin from $770.00 to $680.00 and set an “outperform” rating for the company in a research note on Friday, April 24th. Jefferies Financial Group set a $575.00 price target on Lockheed Martin in a report on Thursday, June 25th. Finally, Wells Fargo & Company set a $575.00 price target on Lockheed Martin in a research note on Wednesday, July 8th. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $626.33.

Lockheed Martin Stock Down 0.4%

LMT stock opened at $580.32 on Friday. The company has a 50 day moving average of $524.82 and a two-hundred day moving average of $574.05. The company has a market cap of $133.93 billion, a price-to-earnings ratio of 21.39, a PEG ratio of 1.04 and a beta of 0.11. Lockheed Martin has a 12-month low of $412.55 and a 12-month high of $692.00. The company has a quick ratio of 1.01, a current ratio of 1.19 and a debt-to-equity ratio of 2.34.

Lockheed Martin (NYSE:LMT) last posted its quarterly earnings results on Thursday, July 23rd. The aerospace company reported $7.94 EPS for the quarter, beating 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 business had revenue of $20.06 billion for the quarter, compared to analysts’ expectations of $19.34 billion. During the same period in the previous year, the company posted $1.46 EPS. Lockheed Martin’s revenue was up 10.5% on a year-over-year basis. Lockheed Martin has set its FY 2026 guidance at 29.950-30.650 EPS. On average, equities analysts anticipate that Lockheed Martin will post 30.12 earnings per share for the current fiscal year.

Lockheed Martin Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, September 25th. Shareholders of record on Tuesday, September 1st will be issued a dividend of $3.45 per share. This represents a $13.80 annualized dividend and a yield of 2.4%. The ex-dividend date is Tuesday, September 1st. Lockheed Martin’s dividend payout ratio (DPR) is 50.87%.

Institutional Trading of Lockheed Martin

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Regent Peak Wealth Advisors LLC lifted its holdings in Lockheed Martin by 4.5% in the 2nd quarter. Regent Peak Wealth Advisors LLC now owns 1,513 shares of the aerospace company’s stock worth $771,000 after purchasing an additional 65 shares during the last quarter. Wedge Capital Management L L P NC grew its holdings in Lockheed Martin by 54.8% during the second quarter. Wedge Capital Management L L P NC now owns 148,418 shares of the aerospace company’s stock valued at $75,613,000 after purchasing an additional 52,559 shares during the last quarter. Butensky & Cohen Financial Security Inc. grew its holdings in Lockheed Martin by 2.3% during the second quarter. Butensky & Cohen Financial Security Inc. now owns 10,740 shares of the aerospace company’s stock valued at $5,472,000 after purchasing an additional 244 shares during the last quarter. Tema ETFs LLC raised its position in shares of Lockheed Martin by 12.3% in the second quarter. Tema ETFs LLC now owns 3,678 shares of the aerospace company’s stock valued at $1,874,000 after purchasing an additional 402 shares during the period. Finally, G&S Capital LLC bought a new position in shares of Lockheed Martin in the second quarter valued at approximately $236,000. Institutional investors and hedge funds own 74.19% of the company’s stock.

Key Lockheed Martin News

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

• Positive Sentiment: Lockheed Martin is participating in a framework agreement with the Department of War and L3Harris to substantially increase production of PAC-3 MSE missiles. The multiyear procurement structure could improve order visibility and support long-term sales for Lockheed’s missile-defense business. L3Harris PAC-3 MSE production agreement
• Positive Sentiment: A separate agreement is expected to quadruple propulsion production for the THAAD missile-defense system, reinforcing demand for Lockheed’s air- and missile-defense portfolio and signaling government support for expanded capacity. L3Harris THAAD propulsion agreement
• Positive Sentiment: Recent coverage highlights Lockheed’s quarterly earnings beat, record backlog and raised investor interest following renewed geopolitical tensions, including the Iran conflict. Broader NATO rearmament and higher U.S. defense spending also provide a favorable demand backdrop. RTX and Lockheed earnings and backlog
• Positive Sentiment: Zacks classifies LMT as a strong value stock, potentially attracting investors seeking a large defense contractor with durable government demand and improving production prospects. Zacks Lockheed Martin value analysis
• Neutral Sentiment: Lockheed is reportedly building weapons before receiving Pentagon orders, which could help it respond quickly to urgent demand but may tie up cash and increase inventory or contracting risk if orders are delayed. Lockheed Martin weapons production ahead of orders
• Negative Sentiment: After a strong earnings rally, investors may be taking profits and reassessing whether the stock’s elevated valuation already reflects much of the backlog, geopolitical and defense-spending upside. This helps explain weaker trading despite favorable long-term headlines. Lockheed Martin record backlog market concerns

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.