Lockheed Martin (NYSE:LMT) Upgraded at Wells Fargo & Company

Wells Fargo & Company upgraded shares of Lockheed Martin (NYSE:LMT) to a hold rating in a report released on Tuesday morning,Zacks.com reports.

Other equities research analysts also recently issued research reports about the company. Argus increased their price objective on Lockheed Martin from $530.00 to $735.00 and gave the company a “buy” rating in a report on Friday, March 6th. Weiss Ratings upgraded shares of Lockheed Martin from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, March 23rd. Citigroup upped their price target on shares of Lockheed Martin from $673.00 to $675.00 and gave the stock a “neutral” rating in a research report on Wednesday. Susquehanna increased their price target on shares of Lockheed Martin from $725.00 to $740.00 and gave the company a “positive” rating in a research note on Wednesday, March 18th. Finally, Truist Financial lifted their price objective on shares of Lockheed Martin from $605.00 to $695.00 and gave the company a “buy” rating in a research report on Friday, January 30th. Seven equities research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average target price of $634.74.

Lockheed Martin Price Performance

NYSE:LMT opened at $623.03 on Tuesday. Lockheed Martin has a 52-week low of $410.11 and a 52-week high of $692.00. The company has a market cap of $143.58 billion, a P/E ratio of 28.99, a P/E/G ratio of 1.11 and a beta of 0.23. The company has a debt-to-equity ratio of 3.05, a quick ratio of 0.94 and a current ratio of 1.09. The stock’s 50-day simple moving average is $635.57 and its 200 day simple moving average is $540.80.

Lockheed Martin (NYSE:LMT) last issued its quarterly earnings results on Thursday, January 29th. The aerospace company reported $5.80 EPS for the quarter, missing the consensus estimate of $6.33 by ($0.53). The company had revenue of $20.32 billion for the quarter, compared to analyst estimates of $19.84 billion. Lockheed Martin had a net margin of 6.69% and a return on equity of 108.53%. The business’s revenue for the quarter was up 9.1% on a year-over-year basis. During the same period last year, the company posted $7.67 earnings per share. As a group, sell-side analysts forecast that Lockheed Martin will post 27.15 EPS for the current fiscal year.

Lockheed Martin Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Monday, March 2nd were issued a dividend of $3.45 per share. The ex-dividend date of this dividend was Monday, March 2nd. This represents a $13.80 dividend on an annualized basis and a dividend yield of 2.2%. Lockheed Martin’s payout ratio is presently 64.22%.

Institutional Investors Weigh In On Lockheed Martin

Hedge funds have recently added to or reduced their stakes in the business. J. Derek Lewis & Associates Inc. bought a new position in Lockheed Martin during the fourth quarter worth $203,000. Purpose Unlimited Inc. bought a new position in shares of Lockheed Martin in the fourth quarter valued at about $312,000. Rockefeller Capital Management L.P. raised its position in shares of Lockheed Martin by 10.5% in the fourth quarter. Rockefeller Capital Management L.P. now owns 121,521 shares of the aerospace company’s stock valued at $58,776,000 after purchasing an additional 11,573 shares during the period. World Investment Advisors lifted its stake in shares of Lockheed Martin by 54.7% during the 4th quarter. World Investment Advisors now owns 14,739 shares of the aerospace company’s stock worth $7,129,000 after buying an additional 5,214 shares during the last quarter. Finally, Nalls Sherbakoff Group LLC acquired a new stake in shares of Lockheed Martin during the 4th quarter worth about $318,000. Institutional investors and hedge funds own 74.19% of the company’s stock.

Key Headlines Impacting Lockheed Martin

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

• Positive Sentiment: Lockheed-built Orion spacecraft launched on NASA’s Artemis II, spotlighting LMT’s space execution, program revenue prospects and ongoing prime-contractor role on high‑visibility missions. Lockheed Martin-built Orion Spacecraft Sends Astronauts Moonward
• Positive Sentiment: The Pentagon disclosed a multi-year framework that includes Boeing and Lockheed, reinforcing expectations for sustained defense spending and multi-year revenue visibility for major primes. Boeing Gains 5%, Lockheed Martin Up 2%
• Positive Sentiment: Analysts and industry reports say LMT is expanding missile production—adding facilities and supply‑chain upgrades to meet rising global demand—supporting upside to its missiles & fire‑control segment. Is Lockheed Martin Expanding Its Missile Production Capacity?
• Positive Sentiment: Zacks highlights LMT as a strong value stock under its style scores, which can attract value-oriented investors given the company’s dividend, cash flows and P/E profile. Here’s Why Lockheed Martin (LMT) is a Strong Value Stock
• Positive Sentiment: Suppliers like Redwire confirmed components and sensors on Orion via contracts with Lockheed, validating supply‑chain activity tied to LMT’s space programs. Redwire Cameras And Sensors Put At Center Of Artemis II Story
• Neutral Sentiment: Citigroup raised its price target on LMT to $675 but kept a “neutral” rating — a modest indicator of upside from current levels but not a buy call. Citigroup Adjusts Price Target on Lockheed Martin
• Neutral Sentiment: Wells Fargo initiated coverage / set an equal‑weight (hold) rating with a ~$650 target — signals institutional interest but not a bullish upgrade. Lockheed Martin Coverage Initiated by Analysts at Wells Fargo & Company
• Neutral Sentiment: Lockheed announced the Q1 2026 earnings webcast date (April 23), a routine event that could move the stock depending on guidance and results. Lockheed Martin Announces First-Quarter 2026 Earnings Results Webcast
• Negative Sentiment: Political noise — coverage noting President Trump’s comments about NATO and defense policy — raises policy uncertainty that can create short‑term volatility for defense contractors including LMT. Trump Toys With NATO Exit: Defense Stocks In The Crosshairs

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.