Lockheed Martin (NYSE:LMT) Shares Down 1.7% on Analyst Downgrade

Lockheed Martin Corporation (NYSE:LMT)’s share price was down 1.7% on Tuesday after JPMorgan Chase & Co. lowered their price target on the stock from $680.00 to $605.00. JPMorgan Chase & Co. currently has a neutral rating on the stock. Lockheed Martin traded as low as $507.49 and last traded at $509.1170. Approximately 1,359,247 shares traded hands during mid-day trading, a decline of 23% from the average daily volume of 1,757,869 shares. The stock had previously closed at $518.15.

Several other research firms have also weighed in on LMT. The Goldman Sachs Group upped their target price on Lockheed Martin from $464.00 to $517.00 and gave the company a “sell” rating in a report on Monday, February 2nd. Susquehanna lowered their target price on Lockheed Martin from $740.00 to $700.00 and set a “positive” rating on the stock in a report on Friday, April 24th. TD Cowen lowered their target price on Lockheed Martin from $670.00 to $600.00 and set a “hold” rating on the stock in a report on Friday, April 24th. Wells Fargo & Company started coverage on Lockheed Martin in a report on Wednesday, April 1st. They issued an “equal weight” rating and a $650.00 target price on the stock. Finally, DZ Bank raised Lockheed Martin from a “hold” rating to a “strong-buy” rating in a report on Thursday, April 30th. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $628.63.

Key Stories Impacting Lockheed Martin

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

• Positive Sentiment: Nokia collaboration: Nokia Federal Solutions and Lockheed launched a modular, open‑architecture 5G solution for U.S. and allied defense forces — a product win that strengthens Lockheed’s position in secure battlefield communications and could lead to future program awards. Nokia Federal Solutions, Lockheed Martin introduce mission-critical 5G solution
• Positive Sentiment: Near‑term defense demand backdrop: Reports of the U.S. Navy intercepting Iranian cruise missiles have kept geopolitical risk and short‑term defense demand in focus, which typically supports order pipelines for major contractors like LMT. U.S. Navy intercepts Iranian cruise missiles — 4 defense stocks to watch today
• Neutral Sentiment: Analytical takes: Recent analyst pieces (e.g., Seeking Alpha) discuss Q1 results and sector noise vs. signal — useful for investors parsing which company trends are one‑off vs structural, but not an immediate catalyst. Lockheed Martin Q1 2026: Noise Vs. Signal In The Defense Sector
• Neutral Sentiment: Market perspective: Analysis suggesting the earnings miss left LMT oversold and potentially attractive is circulating; that could temper downside if guidance holds and order momentum stabilizes. Why Lockheed Martin’s Earnings Miss Could Be a Blessing in Disguise
• Neutral Sentiment: Analyst consensus: Aggregated analyst stance remains a “Hold”/mixed view, reflecting disagreement on near‑term earnings headwinds vs. long‑term defense secular tailwinds. Lockheed Martin Corporation Given Consensus Recommendation of “Hold”
• Negative Sentiment: Analyst price‑target cut: JPMorgan lowered its price target on LMT from $680 to $605 and kept a Neutral rating — a notable downgrade in expected upside that likely weighed on sentiment. JPMorgan adjusts price target on Lockheed Martin to $605 from $680
• Negative Sentiment: Earnings miss and April weakness: LMT’s Q1 EPS and revenue missed expectations and the stock has already pulled back substantially in April, fueling continued downside pressure as investors reprice near‑term growth and margin risks. Why Lockheed Martin Stock Fell 14.3% in April

Hedge Funds Weigh In On Lockheed Martin

Several large investors have recently added to or reduced their stakes in the business. Beaumont Financial Advisors LLC lifted its position in Lockheed Martin by 11.6% during the first quarter. Beaumont Financial Advisors LLC now owns 1,564 shares of the aerospace company’s stock worth $945,000 after buying an additional 163 shares during the period. Twin Capital Management Inc. lifted its position in Lockheed Martin by 18.2% during the first quarter. Twin Capital Management Inc. now owns 5,741 shares of the aerospace company’s stock worth $3,470,000 after buying an additional 884 shares during the period. Good Harbor Advisors Inc. purchased a new position in Lockheed Martin during the first quarter worth about $245,000. Harel Insurance Investments & Financial Services Ltd. lifted its position in Lockheed Martin by 41.3% during the first quarter. Harel Insurance Investments & Financial Services Ltd. now owns 44,104 shares of the aerospace company’s stock worth $26,656,000 after buying an additional 12,882 shares during the period. Finally, NFSG Corp lifted its position in Lockheed Martin by 182.0% during the first quarter. NFSG Corp now owns 1,644 shares of the aerospace company’s stock worth $993,000 after buying an additional 1,061 shares during the period. 74.19% of the stock is currently owned by hedge funds and other institutional investors.

Lockheed Martin Price Performance

The company has a 50-day moving average of $617.05 and a two-hundred day moving average of $553.72. The stock has a market capitalization of $117.38 billion, a PE ratio of 24.65, a P/E/G ratio of 0.93 and a beta of 0.10. 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 released its quarterly earnings data on Thursday, April 23rd. The aerospace company reported $6.44 EPS for the quarter, missing analysts’ consensus estimates of $6.79 by ($0.35). The firm had revenue of $18.02 billion during the quarter, compared to analysts’ expectations of $18.38 billion. Lockheed Martin had a return on equity of 101.64% and a net margin of 6.38%.The business’s revenue for the quarter was up .3% compared to the same quarter last year. During the same quarter last year, the business earned $7.28 earnings per share. Lockheed Martin has set its FY 2026 guidance at 29.350-30.250 EPS. Sell-side analysts predict that Lockheed Martin Corporation will post 29.91 EPS for the current fiscal year.

Lockheed Martin Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 27th. Stockholders of record on Monday, March 2nd were issued a $3.45 dividend. This represents a $13.80 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date was Monday, March 2nd. Lockheed Martin’s dividend payout ratio (DPR) is 66.83%.

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.