Lockheed Martin (NYSE:LMT) Shares Down 1.1% – What’s Next?

Lockheed Martin Corporation (NYSE:LMT)’s stock price fell 1.1% during mid-day trading on Friday . The company traded as low as $521.87 and last traded at $524.3990. Approximately 922,700 shares traded hands during trading, a decline of 38% from the average session volume of 1,479,230 shares. The stock had previously closed at $530.12.

Lockheed Martin News Roundup

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

• Positive Sentiment: The U.S. Army confirmed that Lockheed Martin has advanced to the demonstration phase of the competition for the Integrated Fires Protection Capability Increment 2 second interceptor. Progress in the program could support future missile-defense orders, although a contract award is not yet assured. Army Confirms Lockheed Also Advances To Demo Phase Of IFPC Inc. 2 Second Interceptor Competition
• Positive Sentiment: UBS upgraded Lockheed Martin, citing a structural increase in defense demand that could provide durable support for the company’s backlog and revenue outlook. UBS sees a structural shift building at Lockheed Martin
• Positive Sentiment: Lockheed Martin and IBM are establishing a quantum-computing innovation hub at ETH Zurich, funded in part through Switzerland’s offset obligations related to its purchase of 36 F-35A aircraft. The IBM Quantum System Two will support research into navigation, materials science and other potential defense applications. The initiative strengthens Lockheed’s technology partnerships but is unlikely to materially affect near-term earnings. IBM, Lockheed Martin Announce Swiss Quantum Innovation Hub
• Neutral Sentiment: CEO Jim Taiclet and CFO Evan Scott are scheduled to participate in a Morgan Stanley conference. Investors may look for updates on demand, margins, cash flow and program execution. Lockheed Martin executives to speak at Morgan Stanley conference
• Negative Sentiment: Recent analysis cautions that fixed-price contracts could pressure margins if costs rise, while political scrutiny and shifting defense priorities may challenge traditional business practices. At roughly 17–18 times forward earnings and with a dividend yield near 2.6%, the valuation reflects some of these risks but leaves investors focused on execution. Lockheed Martin valuation and risk analysis

Analyst Upgrades and Downgrades

A number of research analysts have commented on LMT shares. Morgan Stanley upped their price target on Lockheed Martin from $653.00 to $690.00 and gave the company an “equal weight” rating in a research report on Friday, July 24th. UBS Group upgraded Lockheed Martin from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $581.00 to $674.00 in a research report on Tuesday. Weiss Ratings raised Lockheed Martin from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, August 13th. Robert W. Baird set a $700.00 target price on Lockheed Martin in a report on Friday, July 24th. Finally, Wall Street Zen lowered Lockheed Martin from a “strong-buy” rating to a “buy” rating in a research note on Saturday. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Lockheed Martin has an average rating of “Hold” and an average target price of $637.56.

Lockheed Martin Stock Down 1.1%

The company has a quick ratio of 1.01, a current ratio of 1.19 and a debt-to-equity ratio of 2.34. The company’s fifty day simple moving average is $555.94 and its 200 day simple moving average is $565.85. The firm has a market capitalization of $121.03 billion, a PE ratio of 19.33, a price-to-earnings-growth ratio of 1.14 and a beta of 0.10.

Lockheed Martin (NYSE:LMT) last posted its quarterly earnings data on Thursday, July 23rd. The aerospace company reported $7.94 earnings per share for the quarter, beating the consensus estimate of $7.22 by $0.72. Lockheed Martin had a return on equity of 91.42% and a net margin of 8.16%.The business had revenue of $20.06 billion for the quarter, compared to analysts’ expectations of $19.34 billion. During the same period in the previous year, the firm posted $1.46 EPS. The business’s revenue was up 10.5% on a year-over-year basis. Lockheed Martin has set its FY 2026 guidance at 29.950-30.650 EPS. Analysts anticipate that Lockheed Martin Corporation will post 30.39 earnings per share for the current fiscal year.

Lockheed Martin Announces Dividend

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

Hedge Funds Weigh In On Lockheed Martin

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Basso Capital Management L.P. purchased a new position in Lockheed Martin during the 4th quarter valued at about $25,000. Burnham & Co LLC purchased a new stake in Lockheed Martin in the second quarter worth about $25,000. United Financial Planning Group LLC purchased a new stake in Lockheed Martin in the third quarter worth about $25,000. Clarity Asset Management Inc. bought a new position in shares of Lockheed Martin during the fourth quarter valued at approximately $26,000. Finally, Field & Main Bank purchased a new position in shares of Lockheed Martin during the second quarter valued at approximately $26,000. Hedge funds and other institutional investors own 74.19% of the company’s stock.

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.