Lockheed Martin (NYSE:LMT) Upgraded to Strong-Buy at Wall Street Zen

Wall Street Zen upgraded shares of Lockheed Martin (NYSE:LMT) from a buy rating to a strong-buy rating in a research note released on Sunday,Wall Street Zen reports.

A number of other brokerages have also recently commented on LMT. Wells Fargo & Company set a $600.00 price objective on shares of Lockheed Martin in a research note on Monday, July 27th. Sanford C. Bernstein restated a “market perform” rating on shares of Lockheed Martin in a research report on Friday, May 29th. Citigroup increased their price target on shares of Lockheed Martin from $641.00 to $691.00 and gave the company a “buy” rating in a report on Thursday, August 13th. TD Cowen dropped their price target on Lockheed Martin from $600.00 to $560.00 and set a “hold” rating for the company in a research report on Monday, July 13th. Finally, Morgan Stanley lifted their price target on Lockheed Martin from $653.00 to $690.00 and gave the stock an “equal weight” rating in a research report on Friday, July 24th. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $637.56.

Lockheed Martin Stock Performance

NYSE:LMT opened at $533.86 on Friday. The company has a market cap of $123.21 billion, a price-to-earnings ratio of 19.68, a PEG ratio of 1.16 and a beta of 0.10. Lockheed Martin has a 1 year low of $437.25 and a 1 year high of $692.00. The stock’s 50 day simple moving average is $556.56 and its two-hundred day simple moving average is $560.83. The company has a debt-to-equity ratio of 2.34, a current ratio of 1.19 and a quick ratio of 1.01.

Lockheed Martin (NYSE:LMT) last posted its earnings results on Thursday, July 23rd. The aerospace company reported $7.94 EPS for the quarter, beating analysts’ consensus estimates of $7.22 by $0.72. Lockheed Martin had a return on equity of 91.42% and a net margin of 8.16%.The firm had revenue of $20.06 billion during the quarter, compared to the consensus estimate of $19.34 billion. During the same period in the prior year, the company earned $1.46 EPS. The company’s quarterly revenue 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. As a group, equities analysts anticipate that Lockheed Martin will post 30.44 earnings per share for the current fiscal year.

Lockheed Martin Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 25th. Shareholders of record on Tuesday, September 1st will be given a dividend of $3.45 per share. The ex-dividend date is Tuesday, September 1st. This represents a $13.80 dividend on an annualized basis and a yield of 2.6%. Lockheed Martin’s payout ratio is 50.87%.

Institutional Investors Weigh In On Lockheed Martin

Several hedge funds and other institutional investors have recently made changes to their positions in LMT. Wellington Altus USA Inc. purchased a new position in shares of Lockheed Martin during the 2nd quarter worth about $199,000. U S Wealth Group LLC. grew its holdings in Lockheed Martin by 14.8% during the 2nd quarter. U S Wealth Group LLC. now owns 7,555 shares of the aerospace company’s stock valued at $3,849,000 after purchasing an additional 973 shares during the last quarter. Junto Capital Management LP raised its position in Lockheed Martin by 17.7% in the 2nd quarter. Junto Capital Management LP now owns 88,117 shares of the aerospace company’s stock worth $44,892,000 after purchasing an additional 13,255 shares during the period. Miramontes Capital LLC raised its position in Lockheed Martin by 5.4% in the 2nd quarter. Miramontes Capital LLC now owns 3,486 shares of the aerospace company’s stock worth $1,776,000 after purchasing an additional 178 shares during the period. Finally, Sequoia Financial Advisors LLC raised its position in Lockheed Martin by 6.9% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 22,606 shares of the aerospace company’s stock worth $11,517,000 after purchasing an additional 1,465 shares during the period. Hedge funds and other institutional investors own 74.19% of the company’s stock.

Trending Headlines about Lockheed Martin

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

• Positive Sentiment: The U.S. government approved a potential $24.3 billion sale of up to 48 F-35 fighter jets to Saudi Arabia, including engines and related equipment. Although the transaction still requires additional steps, it could create significant future revenue for Lockheed Martin and its suppliers. Trump administration advances F-35 deal
• Positive Sentiment: Lockheed Martin signed a framework agreement with the U.S. Department of War to accelerate production of the AIM-260 Joint Advanced Tactical Missile (JATM). Proposed fiscal 2027 funding for the program is approximately $2.9 billion, up sharply from the current fiscal year, supporting potential multiyear procurement and capacity expansion. Lockheed Martin JATM agreement
• Positive Sentiment: Lockheed reported that GM Defense delivered the first PAC-3 MSE interceptor components in just 22 days. Faster supplier onboarding could help Lockheed rebuild missile inventories, increase production and meet strong U.S. and international demand. Lockheed receives Patriot components from GM
• Positive Sentiment: Germany formally received its first F-35A during a rollout ceremony, highlighting continued international adoption of Lockheed Martin’s flagship fighter program and supporting its long-term backlog. Germany’s first F-35A rollout
• Neutral Sentiment: Lockheed Martin was upgraded to Zacks Rank #2, or Buy, reflecting improved earnings expectations. A separate valuation comparison with Howmet Technologies offers no clear catalyst beyond investor debate over relative value. Lockheed upgraded to Buy
• Negative Sentiment: The Saudi F-35 announcement remains a potential sale rather than booked revenue, while heightened Middle East tensions add geopolitical and execution uncertainty. Investors may also be taking profits or waiting for clearer evidence that accelerated missile production will translate into higher margins and earnings.

Lockheed Martin Company Profile

Lockheed Martin Corporation is a global aerospace, defense and technology company that develops and produces systems for government and commercial customers, with the U.S. Department of Defense serving as its largest customer. Its principal business areas include Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space.

The company’s products and services include military aircraft such as the F-35 Lightning II, F-16 and C-130; air and missile defense systems; precision weapons; helicopters and maritime systems; radar, sensors and command-and-control technologies; satellites; space exploration systems; and missile-warning and strategic defense capabilities.

Lockheed Martin was created in 1995 through the merger of Lockheed Corporation and Martin Marietta.