Lockheed Martin (NYSE:LMT) Trading Down 1.3% – What’s Next?

Lockheed Martin Corporation (NYSE:LMT) fell 1.3% during trading on Tuesday . The stock traded as low as $609.06 and last traded at $611.60. 903,811 shares were traded during trading, a decline of 49% from the average session volume of 1,763,283 shares. The stock had previously closed at $619.69.

More Lockheed Martin News

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

• Positive Sentiment: Lockheed authorized a large increase to its venture capital arm — expanding Lockheed Martin Ventures from $400M to $1B to accelerate critical national‑security technologies and strengthen the defense industrial base. This is a long‑term growth/innovation positive. PR Newswire: Venture Fund Increase
• Positive Sentiment: Lockheed won a large U.S. Army PAC‑3 MSE interceptor contract worth roughly $4.7–$4.76B, which materially expands its missile‑production backlog and revenue visibility in the near‑to‑multi‑year horizon. Barchart: $4.76B PAC-3 Contract
• Positive Sentiment: Orion/Artemis II mission success (crew splashdown) is a high‑profile win for Lockheed’s space business, validating capabilities that support future NASA programs and contract credibility. This helps diversify and bolster the company’s secular growth narrative. Yahoo: Orion Splashdown
• Neutral Sentiment: Lockheed reported additional smaller U.S. military contract awards (~$92M) — incremental wins that add to backlog but are not material on their own. Investing.com: $92M Contracts
• Neutral Sentiment: Company commentary and reporting indicate Lockheed is planning next‑generation on‑orbit demos for space dominance — a strategic R&D push with longer‑term optionality but uncertain near‑term revenue impact. DefenseDaily: Space Demos
• Neutral Sentiment: Analyst/user attention is elevated (Zacks highlights LMT as a trending stock). Higher investor interest can increase volatility; this article is informational rather than a direct price driver. Zacks: Trending Stock
• Neutral Sentiment: Geopolitical activity — reports of U.S. warships positioned to enforce a blockade — increases defense demand tailwinds but is an uncertain and binary macro factor for timing of orders. Yahoo/WSJ: Warships Report
• Negative Sentiment: Market‑level rotation: Benzinga notes investors are rotating into higher‑beta sectors today, which pressured LMT despite upbeat defense headlines — this broad flow‑driven selling is the primary proximate cause of the intraday decline. Benzinga: What’s Going On With LMT Stock
• Negative Sentiment: Company fundamentals/context: recent quarterly EPS missed consensus (Q4 EPS below estimates and well under prior‑year EPS), which leaves valuations (P/E ~28.5) more exposed to short‑term sentiment shifts. (Background company data provided.)

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on LMT shares. Jefferies Financial Group lifted their target price on shares of Lockheed Martin from $630.00 to $640.00 and gave the stock a “hold” rating in a research note on Tuesday, April 7th. Weiss Ratings upgraded shares of Lockheed Martin from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, March 23rd. Robert W. Baird lifted their price objective on shares of Lockheed Martin from $550.00 to $640.00 and gave the company an “outperform” rating in a research note on Friday, January 16th. DZ Bank cut shares of Lockheed Martin from a “buy” rating to a “hold” rating and set a $665.00 target price on the stock. in a report on Tuesday, February 3rd. Finally, Argus increased their target price on Lockheed Martin from $530.00 to $735.00 and gave the stock a “buy” rating in a research report on Friday, March 6th. Seven analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $645.79.

Lockheed Martin Stock Performance

The firm has a market capitalization of $140.95 billion, a PE ratio of 28.46, a PEG ratio of 1.10 and a beta of 0.23. The company has a quick ratio of 0.94, a current ratio of 1.09 and a debt-to-equity ratio of 3.05. The company has a 50-day moving average of $637.86 and a 200 day moving average of $548.89.

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

Lockheed Martin Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 27th. Shareholders of record on Monday, March 2nd were given a dividend of $3.45 per share. The ex-dividend date was Monday, March 2nd. This represents a $13.80 annualized dividend and a yield of 2.3%. Lockheed Martin’s payout ratio is presently 64.22%.

Hedge Funds Weigh In On Lockheed Martin

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Charles Schwab Investment Management Inc. raised its position in shares of Lockheed Martin by 1.3% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 8,638,936 shares of the aerospace company’s stock valued at $4,178,399,000 after buying an additional 114,900 shares in the last quarter. Morgan Stanley grew its position in 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 in the last quarter. Wellington Management Group LLP increased its stake in Lockheed Martin by 3.4% in the third quarter. Wellington Management Group LLP now owns 2,384,753 shares of the aerospace company’s stock valued at $1,190,493,000 after acquiring an additional 79,491 shares during the last quarter. Invesco Ltd. raised its position in Lockheed Martin by 4.2% during the third quarter. Invesco Ltd. now owns 2,196,058 shares of the aerospace company’s stock valued at $1,096,294,000 after purchasing an additional 87,663 shares in the last quarter. Finally, Franklin Resources Inc. raised its position in Lockheed Martin by 0.6% during the fourth quarter. Franklin Resources Inc. now owns 1,670,284 shares of the aerospace company’s stock valued at $807,866,000 after purchasing an additional 10,349 shares in the last quarter. Hedge funds and other institutional investors own 74.19% of the company’s stock.

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.