Wells Fargo & Company Upgrades Lockheed Martin (NYSE:LMT) to Hold

Lockheed Martin (NYSE:LMT) was upgraded by equities research analysts at Wells Fargo & Company to a “hold” rating in a report released on Tuesday,Zacks.com reports.

Several other research analysts also recently issued reports on LMT. JPMorgan Chase & Co. upped their price target on shares of Lockheed Martin from $515.00 to $680.00 and gave the stock a “neutral” rating in a report on Friday, January 30th. Citigroup raised their price objective on Lockheed Martin from $673.00 to $675.00 and gave the company a “neutral” rating in a report on Wednesday. Wall Street Zen lowered Lockheed Martin from a “strong-buy” rating to a “buy” rating in a research report on Sunday, March 22nd. BNP Paribas Exane increased their target price on Lockheed Martin from $550.00 to $570.00 and gave the company an “outperform” rating in a research report on Thursday, January 8th. Finally, DZ Bank lowered Lockheed Martin from a “buy” rating to a “hold” rating and set a $665.00 price target on the stock. in a research note on Tuesday, February 3rd. Seven equities research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $634.74.

Lockheed Martin Trading Up 2.4%

LMT opened at $618.63 on Tuesday. The company has a market cap of $142.57 billion, a P/E ratio of 28.79, a PEG ratio of 1.09 and a beta of 0.22. The company has a current ratio of 1.09, a quick ratio of 0.94 and a debt-to-equity ratio of 3.05. The company’s 50 day moving average is $634.97 and its 200-day moving average is $540.22. Lockheed Martin has a 1-year low of $410.11 and a 1-year high of $692.00.

Lockheed Martin (NYSE:LMT) last released its quarterly earnings data on Thursday, January 29th. The aerospace company reported $5.80 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $6.33 by ($0.53). The company had revenue of $20.32 billion for the quarter, compared to analyst estimates of $19.84 billion. Lockheed Martin had a return on equity of 108.53% and a net margin of 6.69%.Lockheed Martin’s revenue for the quarter was up 9.1% compared to the same quarter last year. During the same quarter in the prior year, the company earned $7.67 earnings per share. Equities research analysts predict that Lockheed Martin will post 27.15 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of LMT. AQR Capital Management LLC increased its stake in shares of Lockheed Martin by 107.3% in the fourth quarter. AQR Capital Management LLC now owns 1,293,823 shares of the aerospace company’s stock valued at $625,784,000 after buying an additional 669,604 shares during the period. Morgan Stanley lifted its stake in shares of Lockheed Martin by 10.1% in the fourth quarter. Morgan Stanley now owns 5,728,551 shares of the aerospace company’s stock worth $2,770,729,000 after acquiring an additional 527,523 shares during the period. Sanders Capital LLC bought a new stake in Lockheed Martin in the third quarter valued at approximately $252,699,000. Corient Private Wealth LLC boosted its holdings in Lockheed Martin by 203.3% in the fourth quarter. Corient Private Wealth LLC now owns 560,363 shares of the aerospace company’s stock valued at $271,031,000 after acquiring an additional 375,622 shares during the last quarter. Finally, First Trust Advisors LP increased its position in Lockheed Martin by 286.1% during the 3rd quarter. First Trust Advisors LP now owns 503,428 shares of the aerospace company’s stock valued at $251,316,000 after purchasing an additional 373,027 shares during the period. 74.19% of the stock is owned by institutional investors.

Key Headlines Impacting Lockheed Martin

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

• Positive Sentiment: Orion spacecraft built by Lockheed successfully launched on NASA’s Artemis II — a high‑visibility technical win that validates Lockheed’s role on crewed space programs and supports future NASA work and related revenue. Lockheed Martin-built Orion Spacecraft Sends Astronauts Moonward for the First Time in 53 Years
• Positive Sentiment: Pentagon announced a multi‑year framework that lifted defense names, with press reports calling out Boeing and Lockheed as beneficiaries — this signals continued defense spending tailwinds and contract visibility for prime contractors. Boeing Gains 5%, Lockheed Martin Up 2%: Defense Stocks Are Having a Moment as Pentagon Spending Accelerates
• Positive Sentiment: Lockheed opened a Rapid Fielding Center to speed prototyping and delivery — a strategic move to win accelerated government programs and shorten time‑to‑revenue for new systems. Lockheed Martin Opens Rapid Fielding Center, Accelerating Defense Innovation and Production
• Neutral Sentiment: Wells Fargo initiated coverage with an “equal weight” rating and $650 price target — adds institutional attention but is not a decisive bullish endorsement. Lockheed Martin (NYSE:LMT) Coverage Initiated by Analysts at Wells Fargo & Company
• Neutral Sentiment: Citigroup nudged its price target slightly higher to $675 while keeping a “neutral” rating — a marginal positive to PTs but no change in conviction. Citigroup adjusts price target on Lockheed Martin to 675 from 673, maintains neutral rating
• Neutral Sentiment: Lockheed scheduled a Q1 2026 earnings webcast for April 23 — a near‑term event that will provide updated guidance and execution detail investors should watch. Lockheed Martin Announces First-Quarter 2026 Earnings Results Webcast
• Negative Sentiment: Coverage flagged a potential “Artemis reset” and governance questions that could reshape NASA program roles — if NASA reduces Lockheed’s scope on Artemis or shifts architectures, future revenue from space programs could be at risk. Lockheed Martin Faces Artemis Reset And Governance Questions For Future Growth
• Negative Sentiment: Reports that the Air Force cut F‑35 orders roughly in half create near‑term pressure on program volumes and revenue timing for Lockheed’s largest fighter program. This remains a material downside risk to guidance if reductions persist. Lockheed Martin Hit As Pentagon Slashes Air Force’s F-35 Order In Half Amid Budget Cuts

About Lockheed Martin

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.