Lockheed Martin Corporation (NYSE:LMT) Given Consensus Recommendation of “Hold” by Brokerages

Shares of Lockheed Martin Corporation (NYSE:LMT) have been given an average rating of “Hold” by the twenty-one brokerages that are presently covering the firm, Marketbeat reports. One analyst has rated the stock with a sell recommendation, thirteen have given a hold recommendation, six have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is $620.6842.

LMT has been the subject of a number of research reports. DZ Bank upgraded shares of Lockheed Martin from a “hold” rating to a “strong-buy” rating in a report on Thursday, April 30th. JPMorgan Chase & Co. decreased their price target on shares of Lockheed Martin from $680.00 to $605.00 and set a “neutral” rating for the company in a research report on Tuesday, May 5th. Bank of America decreased their price objective on shares of Lockheed Martin from $660.00 to $600.00 and set a “neutral” rating for the company in a research report on Friday, April 24th. Wall Street Zen lowered Lockheed Martin from a “buy” rating to a “hold” rating in a research report on Saturday, April 25th. Finally, Royal Bank Of Canada dropped their price target on shares of Lockheed Martin from $650.00 to $575.00 and set a “sector perform” rating on the stock in a research note on Friday, April 24th.

Key Headlines Impacting Lockheed Martin

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

• Positive Sentiment: The U.S. government awarded Lockheed Martin a seven-year contract action worth up to $35 billion to quadruple production of THAAD missile interceptors, a major win that should boost revenue visibility and strengthen the company’s defense backlog. Article Title
• Positive Sentiment: The THAAD award comes as the U.S. is pushing defense contractors to ramp up weapons production, suggesting Lockheed could benefit from sustained demand tied to replenishing missile stockpiles and higher military readiness spending. Article Title
• Neutral Sentiment: Lockheed Martin also appeared in comparison and investor-interest coverage, which highlights ongoing attention to its valuation, backlog, and debt profile, but these pieces did not present a clear new catalyst. Article Title
• Negative Sentiment: The stock has been falling more than the broader market recently, with recent articles pointing to weakness over the last couple of sessions and investor concern around geopolitical noise and near-term momentum. Article Title

Lockheed Martin Stock Performance

Lockheed Martin stock opened at $491.80 on Thursday. Lockheed Martin has a 1-year low of $410.11 and a 1-year high of $692.00. The stock has a market cap of $113.39 billion, a price-to-earnings ratio of 23.82, a price-to-earnings-growth ratio of 0.91 and a beta of 0.10. The firm has a 50 day simple moving average of $530.43 and a 200-day simple moving average of $566.81. The company has a debt-to-equity ratio of 2.74, a current ratio of 1.14 and a quick ratio of 0.94.

Lockheed Martin (NYSE:LMT) last posted its earnings results on Thursday, April 23rd. The aerospace company reported $6.44 earnings per share (EPS) for the quarter, missing the consensus estimate of $6.79 by ($0.35). Lockheed Martin had a return on equity of 101.64% and a net margin of 6.38%.The business had revenue of $18.02 billion for the quarter, compared to analyst estimates of $18.38 billion. During the same period last year, the business earned $7.28 EPS. Lockheed Martin’s revenue was up .3% compared to the same quarter last year. Lockheed Martin has set its FY 2026 guidance at 29.350-30.250 EPS. On average, analysts expect that Lockheed Martin will post 29.88 EPS for the current year.

Lockheed Martin Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, June 26th. Stockholders of record on Monday, June 1st will be issued a $3.45 dividend. This represents a $13.80 annualized dividend and a dividend yield of 2.8%. The ex-dividend date of this dividend is Monday, June 1st. Lockheed Martin’s payout ratio is presently 66.83%.

Institutional Investors Weigh In On Lockheed Martin

Several large investors have recently modified their holdings of LMT. Basso Capital Management L.P. acquired a new stake in Lockheed Martin during the 4th quarter worth $25,000. United Financial Planning Group LLC acquired a new stake in Lockheed Martin in the third quarter valued at about $25,000. Clarity Asset Management Inc. purchased a new position in shares of Lockheed Martin during the 4th quarter worth approximately $26,000. Triumph Capital Management boosted its stake in shares of Lockheed Martin by 66.7% in the fourth quarter. Triumph Capital Management now owns 55 shares of the aerospace company’s stock valued at $26,000 after buying an additional 22 shares in the last quarter. Finally, Bard Associates Inc. purchased a new position in Lockheed Martin in the fourth quarter worth $27,000. 74.19% of the stock is owned by institutional investors and hedge funds.

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.