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

Lockheed Martin Corporation (NYSE:LMTGet Free Report) has earned a consensus recommendation of “Hold” from the nineteen analysts that are covering the firm, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation, ten have assigned a hold recommendation, seven have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is $632.3889.

Several research firms recently commented on LMT. Royal Bank Of Canada raised their price target on shares of Lockheed Martin from $575.00 to $600.00 and gave the company a “sector perform” rating in a report on Friday, July 24th. Jefferies Financial Group reissued a “hold” rating on shares of Lockheed Martin in a research report on Wednesday, September 2nd. Wall Street Zen raised shares of Lockheed Martin from a “buy” rating to a “strong-buy” rating in a research note on Saturday, August 29th. Weiss Ratings upgraded shares of Lockheed Martin from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, August 13th. Finally, UBS Group raised shares of Lockheed Martin from a “neutral” rating to a “buy” rating in a research report on Tuesday.

Get Our Latest Stock Analysis on Lockheed Martin

Institutional Investors Weigh In On Lockheed Martin

A number of large investors have recently modified their holdings of the stock. Basso Capital Management L.P. purchased a new stake in shares of Lockheed Martin during the fourth quarter valued at approximately $25,000. Burnham & Co LLC acquired a new position in Lockheed Martin in the 2nd quarter worth $25,000. United Financial Planning Group LLC acquired a new position in Lockheed Martin in the 3rd quarter worth $25,000. Clarity Asset Management Inc. purchased a new position in Lockheed Martin in the 4th quarter valued at about $26,000. Finally, Field & Main Bank purchased a new position in Lockheed Martin in the 2nd quarter valued at about $26,000. Institutional investors and hedge funds own 74.19% of the company’s stock.

Lockheed Martin Price Performance

Shares of Lockheed Martin stock opened at $524.58 on Tuesday. The business’s fifty day moving average price is $556.02 and its 200 day moving average price is $568.85. Lockheed Martin has a twelve month low of $437.25 and a twelve month high of $692.00. 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 stock has a market capitalization of $121.07 billion, a P/E ratio of 19.34, a PEG ratio of 1.14 and a beta of 0.10.

Lockheed Martin (NYSE:LMTGet Free Report) last announced its quarterly earnings results on Thursday, July 23rd. The aerospace company reported $7.94 EPS for the quarter, topping the consensus estimate of $7.22 by $0.72. The company had revenue of $20.06 billion during the quarter, compared to analyst estimates of $19.34 billion. Lockheed Martin had a return on equity of 91.42% and a net margin of 8.16%.The firm’s revenue was up 10.5% on a year-over-year basis. During the same period in the prior year, the firm posted $1.46 earnings per share. Lockheed Martin has set its FY 2026 guidance at 29.950-30.650 EPS. As a group, research analysts anticipate that Lockheed Martin will post 30.39 earnings per share for the current year.

Lockheed Martin Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 25th. Shareholders of record on Tuesday, September 1st will be paid a dividend of $3.45 per share. This represents a $13.80 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date is Tuesday, September 1st. Lockheed Martin’s payout ratio is currently 50.87%.

Key Headlines Impacting Lockheed Martin

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

About Lockheed Martin

(Get Free Report)

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.

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Analyst Recommendations for Lockheed Martin (NYSE:LMT)

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