Lockheed Martin (NYSE:LMT) Shares Up 1.6% After Analyst Upgrade

Lockheed Martin Corporation (NYSE:LMT)’s share price was up 1.6% during mid-day trading on Thursday after DZ Bank upgraded the stock from a hold rating to a strong-buy rating. The company traded as high as $518.23 and last traded at $518.1450. Approximately 1,572,686 shares traded hands during trading, a decline of 11% from the average daily volume of 1,774,874 shares. The stock had previously closed at $509.81.

LMT has been the topic of several other research reports. Wall Street Zen cut shares of Lockheed Martin from a “buy” rating to a “hold” rating in a report on Saturday, April 25th. JPMorgan Chase & Co. raised their target price on shares of Lockheed Martin from $515.00 to $680.00 and gave the company a “neutral” rating in a report on Friday, January 30th. Susquehanna reduced their target price on shares of Lockheed Martin from $740.00 to $700.00 and set a “positive” rating on the stock in a report on Friday, April 24th. Jefferies Financial Group reaffirmed a “hold” rating and issued a $595.00 target price on shares of Lockheed Martin in a report on Sunday, April 26th. Finally, Argus raised their target price on shares of Lockheed Martin from $530.00 to $735.00 and gave the company a “buy” rating in a report on Friday, March 6th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $632.58.

Trending Headlines about Lockheed Martin

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

• Positive Sentiment: Selected by U.S. Space Force to develop capabilities for the Space‑Based Interceptor (SBI) program — strengthens Lockheed’s position in high-priority space missile‑defense work and supports multi‑year program revenue. Lockheed Martin Awarded U.S. Space Force Space-Based Interceptor Contracts to Meet Layered Missile Defense Demand
• Positive Sentiment: Secured a $1.13 billion U.S. Army HIMARS production contract — provides near‑term funded work, supports backlog and cash‑flow runway through 2028. Lockheed Martin (LMT) Secures $1.13 Billion Contract for HIMARS Production
• Positive Sentiment: Analyst/commentary notes that the recent ~27% slide may have overshot fundamentals — large backlog and valuation make a buy case for long‑term investors. This framing can attract value buyers if execution stabilizes. Lockheed Martin (LMT) Slid 27%. The Backlog and Valuation Still Point to a Buy
• Neutral Sentiment: Analysis argues last week’s Q1 miss may reset expectations and create a buying opportunity because management kept full‑year guidance intact and some segments (Missiles/Space) remain resilient. Watch whether Q2 proves improvement. Why Lockheed’s Earnings Miss Could Be a Blessing in Disguise
• Neutral Sentiment: Coverage of an emerging AI/robotics partner (XTEND) and defense‑tech startups highlights potential technology collaborations but remains speculative until formal program wins scale. Is This Pre-IPO AI Robotics Company the Next Big Defense Play? (LMT)
• Negative Sentiment: Peer L3Harris reported a Q1 beat and raised 2026 guidance — stronger results at competitors can siphon investor interest and highlight execution gaps at Lockheed. L3Harris Technologies Increases 2026 Earnings Guidance Following First-Quarter Beat
• Negative Sentiment: Commentary on the expanding autonomous/drone economy suggests thematic flows may favor next‑gen, smaller defense names over legacy primes — a structural headwind for sentiment if allocation trends continue. Q2 Symposium: 4 Key Drivers Powering Global Drone Economy

Institutional Trading of Lockheed Martin

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Oppenheimer & Co. Inc. grew its position in shares of Lockheed Martin by 9.3% during the third quarter. Oppenheimer & Co. Inc. now owns 39,410 shares of the aerospace company’s stock worth $19,674,000 after acquiring an additional 3,352 shares during the last quarter. Welch Group LLC grew its position in shares of Lockheed Martin by 1.5% during the fourth quarter. Welch Group LLC now owns 132,684 shares of the aerospace company’s stock worth $64,175,000 after acquiring an additional 1,999 shares during the last quarter. Jain Global LLC purchased a new position in shares of Lockheed Martin during the third quarter worth approximately $38,064,000. Clough Capital Partners L P purchased a new position in shares of Lockheed Martin during the third quarter worth approximately $31,018,000. Finally, Pacific Heights Asset Management LLC grew its position in shares of Lockheed Martin by 33.9% during the third quarter. Pacific Heights Asset Management LLC now owns 75,000 shares of the aerospace company’s stock worth $37,441,000 after acquiring an additional 19,000 shares during the last quarter. Institutional investors and hedge funds own 74.19% of the company’s stock.

Lockheed Martin Trading Down 1.0%

The business’s 50-day moving average price is $617.05 and its 200-day moving average price is $553.04. The company has a debt-to-equity ratio of 2.74, a current ratio of 1.14 and a quick ratio of 0.94. The firm has a market capitalization of $118.24 billion, a PE ratio of 24.83, a price-to-earnings-growth ratio of 0.94 and a beta of 0.23.

Lockheed Martin (NYSE:LMT) last posted its quarterly earnings data on Thursday, April 23rd. The aerospace company reported $6.44 earnings per share for the quarter, missing analysts’ consensus estimates of $6.79 by ($0.35). Lockheed Martin had a net margin of 6.38% and a return on equity of 101.64%. The firm had revenue of $18.02 billion during the quarter, compared to analysts’ expectations of $18.38 billion. During the same quarter last year, the business earned $7.28 earnings per share. The business’s quarterly revenue was up .3% on a year-over-year basis. Lockheed Martin has set its FY 2026 guidance at 29.350-30.250 EPS. As a group, analysts expect that Lockheed Martin Corporation will post 29.91 earnings per share for the current fiscal year.

Lockheed Martin Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Monday, March 2nd were given a $3.45 dividend. This represents a $13.80 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date was Monday, March 2nd. Lockheed Martin’s dividend payout ratio (DPR) is 66.83%.

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.