Lockheed Martin (NYSE:LMT) Stock Falls 1% – Should You Sell?

Lockheed Martin Corporation (NYSE:LMT)’s share price fell 1% on Tuesday. The company traded as low as $511.03 and last traded at $512.7670. Approximately 1,234,686 shares traded hands during trading, a decline of 16% from the average daily volume of 1,464,996 shares. The stock had previously closed at $518.10.

Trending Headlines about Lockheed Martin

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

• Positive Sentiment: Lockheed Martin received a $94.2 million U.S. Navy award to advance AEGIS combat-system integration for Canada, supporting its international naval-defense backlog and modernization strategy. Can AEGIS Combat System Demand Boost Lockheed Martin’s Growth?
• Positive Sentiment: The first two Finnish F-35A aircraft arrived at their permanent base, marking progress on Finland’s F-35 program and reinforcing Lockheed Martin’s position in allied fighter-aircraft procurement. Finland and Lockheed Martin Celebrate Historic Arrival of First Finnish F-35
• Positive Sentiment: Sikorsky reached a new production agreement with the U.S. Army intended to accelerate Black Hawk deliveries to U.S. and allied customers, while the Navy activated a second Lockheed-built MD-5C control station for MQ-25 unmanned aircraft operations. These developments strengthen the company’s positioning in helicopters, autonomy and unmanned systems. Black Hawk Production Agreement U.S. Navy Doubles UAS Command and Control Capacity
• Positive Sentiment: Analysts continue to point to elevated global rearmament and replenishment demand, including missile defense, fighter jets and space systems, as a potential tailwind for Lockheed Martin and the broader defense sector. More Signs This Defense ETF Can Take Off

Wall Street Analyst Weigh In

LMT has been the subject of several analyst reports. Wells Fargo & Company set a $600.00 target price on Lockheed Martin in a research note on Monday, July 27th. Wall Street Zen upgraded Lockheed Martin from a “buy” rating to a “strong-buy” rating in a research note on Sunday, September 20th. Morgan Stanley boosted their price objective 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. Citigroup raised their target price 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. Finally, Robert W. Baird set a $700.00 price target on shares of Lockheed Martin in a report on Friday, July 24th. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, ten have given a Hold rating and one has issued 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 Price Performance

The stock has a market capitalization of $116.49 billion, a price-to-earnings ratio of 18.59, a price-to-earnings-growth ratio of 1.11 and a beta of 0.10. The company has a current ratio of 1.19, a quick ratio of 1.01 and a debt-to-equity ratio of 2.34. The company’s 50 day moving average is $557.79 and its 200 day moving average is $553.00.

Lockheed Martin (NYSE:LMT) last released its quarterly earnings data on Thursday, July 23rd. The aerospace company reported $7.94 earnings per share (EPS) for the quarter, beating the consensus estimate of $7.22 by $0.72. Lockheed Martin had a net margin of 8.16% and a return on equity of 91.42%. The company had revenue of $20.06 billion during the quarter, compared to the consensus estimate of $19.34 billion. During the same quarter in the prior year, the firm posted $1.46 earnings per share. Lockheed Martin’s revenue for the quarter was up 10.5% on a year-over-year basis. Lockheed Martin has set its FY 2026 guidance at 29.950-30.650 EPS. Research analysts anticipate that Lockheed Martin Corporation will post 30.44 EPS for the current fiscal year.

Lockheed Martin Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, September 25th. Shareholders of record on Tuesday, September 1st were given a dividend of $3.45 per share. The ex-dividend date of this dividend was Tuesday, September 1st. This represents a $13.80 annualized dividend and a yield of 2.7%. Lockheed Martin’s payout ratio is 50.87%.

Hedge Funds Weigh In On Lockheed Martin

Institutional investors have recently modified their holdings of the business. IAG Wealth Partners LLC increased its stake in Lockheed Martin by 4,800.0% in the first quarter. IAG Wealth Partners LLC now owns 49 shares of the aerospace company’s stock valued at $30,000 after purchasing an additional 48 shares during the period. Burnham & Co LLC purchased a new position in shares of Lockheed Martin during the second quarter worth about $25,000. Basso Capital Management L.P. purchased a new position in shares of Lockheed Martin during the fourth quarter worth about $25,000. Field & Main Bank acquired a new position in Lockheed Martin in the 2nd quarter valued at about $26,000. Finally, Clarity Asset Management Inc. purchased a new stake in Lockheed Martin during the 4th quarter valued at approximately $26,000. 74.19% of the stock is owned by institutional investors and hedge funds.

About Lockheed Martin

Lockheed Martin Corporation is a global aerospace, defense and technology company headquartered in Bethesda, Maryland. The company develops and produces advanced systems for government and commercial customers, with the U.S. Department of Defense and other U.S. government agencies representing its primary customers.

Its principal activities include the design and manufacture of military aircraft, missiles, air and missile defense systems, radar and sensor technologies, naval and rotary-wing systems, satellites, space exploration systems, and cybersecurity and information technology solutions.