Royal Bank Of Canada Lowers Lockheed Martin (NYSE:LMT) Price Target to $575.00

Lockheed Martin (NYSE:LMT) had its target price lowered by Royal Bank Of Canada from $650.00 to $575.00 in a research note issued on Friday, Marketbeat.com reports. The brokerage presently has a “sector perform” rating on the aerospace company’s stock. Royal Bank Of Canada’s target price indicates a potential upside of 12.04% from the stock’s previous close.

A number of other research analysts have also commented on the company. Jefferies Financial Group raised their price target on Lockheed Martin from $630.00 to $640.00 and gave the company a “hold” rating in a report on Tuesday, April 7th. Wall Street Zen lowered Lockheed Martin from a “strong-buy” rating to a “buy” rating in a report on Sunday, March 22nd. Weiss Ratings raised Lockheed Martin from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, March 23rd. Morgan Stanley lowered their price target on Lockheed Martin from $675.00 to $653.00 and set an “equal weight” rating on the stock in a report on Friday. Finally, Sanford C. Bernstein raised their price target on Lockheed Martin from $654.00 to $661.00 and gave the company a “market perform” rating in a report on Tuesday, April 21st. Seven equities research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Lockheed Martin currently has an average rating of “Hold” and an average target price of $634.95.

Lockheed Martin Price Performance

Shares of LMT opened at $513.21 on Friday. The firm has a market capitalization of $118.27 billion, a price-to-earnings ratio of 24.85, a price-to-earnings-growth ratio of 0.95 and a beta of 0.23. The company has a debt-to-equity ratio of 2.74, a quick ratio of 0.94 and a current ratio of 1.14. Lockheed Martin has a one year low of $410.11 and a one year high of $692.00. The stock’s fifty day moving average is $628.34 and its 200-day moving average is $553.22.

Lockheed Martin (NYSE:LMT) last issued its quarterly earnings results 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 business had revenue of $18.02 billion for the quarter, compared to analyst estimates of $18.38 billion. Lockheed Martin had a net margin of 6.38% and a return on equity of 101.64%. Lockheed Martin’s revenue for the quarter was up .3% on a year-over-year basis. During the same period last year, the business posted $7.28 earnings per share. Lockheed Martin has set its FY 2026 guidance at 29.350-30.250 EPS. Equities analysts anticipate that Lockheed Martin will post 29.97 EPS for the current year.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of LMT. Diamant Asset Management Inc. grew its holdings in Lockheed Martin by 60,339.0% during the first quarter. Diamant Asset Management Inc. now owns 879,387 shares of the aerospace company’s stock worth $531,493,000 after acquiring an additional 877,932 shares during the period. AQR Capital Management LLC grew its holdings in Lockheed Martin by 107.3% during the fourth quarter. AQR Capital Management LLC now owns 1,293,823 shares of the aerospace company’s stock worth $625,784,000 after acquiring an additional 669,604 shares during the period. Morgan Stanley grew its holdings in Lockheed Martin by 10.1% during the fourth quarter. Morgan Stanley now owns 5,728,551 shares of the aerospace company’s stock worth $2,770,729,000 after acquiring an additional 527,523 shares during the period. Sanders Capital LLC acquired a new position in Lockheed Martin during the third quarter worth about $252,699,000. Finally, Corient Private Wealth LLC grew its holdings in Lockheed Martin by 203.3% during the fourth quarter. Corient Private Wealth LLC now owns 560,363 shares of the aerospace company’s stock worth $271,031,000 after acquiring an additional 375,622 shares during the period. 74.19% of the stock is owned by institutional investors and hedge funds.

More Lockheed Martin News

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

• Positive Sentiment: Pentagon planning to raise F‑35 purchases. Proposed increases in USAF and Navy buys through 2030–31 could lift future F‑35 production volumes and revenue for Lockheed. Pentagon Plans Boost to F‑35 Orders
• Positive Sentiment: Peru agreed to buy 12 F‑16 Block 70 jets — a direct commercial sale that supports near‑term aircraft revenue and international aftermarket/upgrade opportunities. Peru Selects F‑16 Block 70
• Positive Sentiment: Lockheed picked up roles in U.S. missile‑defense programs (including the multi‑company “Golden Dome” awards) and DOD contracts to replenish Patriot inventories — supports sustained demand in missile & munitions franchises. Golden Dome Program Coverage Patriot Stockpile Report
• Neutral Sentiment: Q1 results included an FY‑2026 EPS range that largely reaffirmed guidance; that limits downside from a guidance shock but leaves execution risk on production and cash flow. Q1 Financial Results
• Neutral Sentiment: Positive program PR (Orion crewed flight, GPS III support) bolsters long‑term aerospace credibility but is less material to near‑term cash flow. Program/PR Coverage
• Negative Sentiment: Q1 miss on EPS ($6.44 vs. Street) and revenue shortfall; free cash flow turned negative and Lockheed cited production delays and fixed‑price contract pressure — the immediate catalyst for selling pressure. Q1 Results Coverage
• Negative Sentiment: Multiple analysts trimmed price targets (BNP Paribas Exane, RBC, Morgan Stanley, Deutsche Bank, Susquehanna), reflecting increased execution/cash‑flow risk and tempering near‑term upside. Analyst PT Changes
• Negative Sentiment: Investor focus on cash burn and program delays increases short‑term volatility despite healthy backlog; near‑term valuation will track execution and whether cash flow recovers. Execution Risk Coverage

About Lockheed Martin

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.