Analysts Set Lockheed Martin Corporation (NYSE:LMT) Target Price at $618.95

Shares of Lockheed Martin Corporation (NYSE:LMT) have been given a consensus recommendation of “Hold” by the twenty-two analysts that are currently covering the stock, MarketBeat reports. One analyst has rated the stock with a sell recommendation, fifteen have assigned a hold recommendation and six have assigned a buy recommendation to the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is $618.9474.

Several equities research analysts have commented on LMT shares. Wall Street Zen downgraded shares of Lockheed Martin from a “strong-buy” rating to a “buy” rating in a report on Sunday, February 8th. Morgan Stanley set a $675.00 price target on shares of Lockheed Martin in a research report on Wednesday, February 4th. TD Cowen upped their price target on shares of Lockheed Martin from $600.00 to $670.00 and gave the company a “hold” rating in a research note on Friday, January 30th. Argus raised their price objective on shares of Lockheed Martin from $530.00 to $735.00 and gave the stock a “buy” rating in a report on Friday, March 6th. Finally, Robert W. Baird boosted their target price on shares of Lockheed Martin from $550.00 to $640.00 and gave the company an “outperform” rating in a report on Friday, January 16th.

Lockheed Martin News Summary

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

• Positive Sentiment: Expanded F‑35 capabilities — Reports say Lockheed is rolling out advanced weapons, improved data‑sharing systems and new production contracts for the F‑35 as global demand rises, which supports future revenue, backlog and long‑cycle program cash flow. Is LMT Expanding F-35 Capabilities to Strengthen Air Dominance?
• Positive Sentiment: Japan satellite contract role — Lockheed will provide an anti‑jamming payload for Japan’s next‑generation defense satellite communications system as a mission partner to Mitsubishi Electric, strengthening its international space/communications revenue stream and foothold in allied programs. Lockheed Martin Corporation (LMT) To Provide Anti-Jamming Payload For Japan’s Next-Generation Defense Satellite Communication System
• Positive Sentiment: Payload delivered to orbit — Firefly Aerospace’s successful Alpha Flight 7 carried a Lockheed payload to orbit, validating Lockheed’s use of emerging launch partners and advancing its space demonstrators/capability deployments; this reduces program risk and supports future space revenue. Firefly Rockets Lockheed Payload To Orbit: Is FLY a High‑Beta Defense Trade?
• Positive Sentiment: Geopolitical tailwinds — Coverage noting risks in the Strait of Hormuz and related regional tensions highlights increased demand for detection, maritime defense, missiles and ISR systems — areas where Lockheed is a primary supplier. Clear the Strait of Hormuz? Watch These Defense Stocks.
• Neutral Sentiment: Long‑term performance note — A retrospective piece shows strong multi‑decade returns for LMT shareholders, useful context for buy‑and‑hold investors but not an immediate catalyst. $1000 Invested In Lockheed Martin 20 Years Ago Would Be Worth This Much Today
• Neutral Sentiment: Peer comparison — Industry write‑ups comparing Lockheed to L3Harris help investors assess relative valuation and exposure (airframes vs. electronics), but are background analysis rather than direct catalysts. Lockheed Martin vs. L3Harris: Which Defense Giant Belongs in Your Portfolio?
• Negative Sentiment: Quarterly EPS miss — Lockheed’s Jan. 29 quarter reported revenue above estimates but EPS below consensus (reduced quarterly EPS vs. prior year), which could weigh on near‑term sentiment despite the offsetting contract/news flow.

Institutional Trading of Lockheed Martin

A number of institutional investors have recently added to or reduced their stakes in the stock. Cerro Pacific Wealth Advisors LLC increased its position in shares of Lockheed Martin by 1.2% during the fourth quarter. Cerro Pacific Wealth Advisors LLC now owns 1,376 shares of the aerospace company’s stock valued at $665,000 after buying an additional 16 shares during the period. Garner Asset Management Corp boosted its position in shares of Lockheed Martin by 0.9% in the fourth quarter. Garner Asset Management Corp now owns 1,735 shares of the aerospace company’s stock valued at $839,000 after acquiring an additional 16 shares during the period. Davis R M Inc. grew its stake in Lockheed Martin by 1.3% during the fourth quarter. Davis R M Inc. now owns 1,264 shares of the aerospace company’s stock valued at $612,000 after acquiring an additional 16 shares in the last quarter. Broadway Wealth Solutions Inc. increased its holdings in Lockheed Martin by 3.6% during the 4th quarter. Broadway Wealth Solutions Inc. now owns 484 shares of the aerospace company’s stock worth $234,000 after acquiring an additional 17 shares during the period. Finally, Aspire Growth Partners LLC increased its holdings in Lockheed Martin by 0.7% during the 4th quarter. Aspire Growth Partners LLC now owns 2,515 shares of the aerospace company’s stock worth $1,217,000 after acquiring an additional 17 shares during the period. Hedge funds and other institutional investors own 74.19% of the company’s stock.

Lockheed Martin Stock Performance

NYSE:LMT opened at $653.01 on Tuesday. The company has a market capitalization of $150.25 billion, a P/E ratio of 30.39, a P/E/G ratio of 1.17 and a beta of 0.22. The business has a fifty day simple moving average of $613.54 and a two-hundred day simple moving average of $523.44. The company has a debt-to-equity ratio of 3.05, a current ratio of 1.09 and a quick ratio of 0.94. Lockheed Martin has a 1 year low of $410.11 and a 1 year high of $692.00.

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 analysts’ consensus estimates of $6.33 by ($0.53). Lockheed Martin had a net margin of 6.69% and a return on equity of 108.53%. The firm had revenue of $20.32 billion for the quarter, compared to analysts’ expectations of $19.84 billion. During the same period in the prior year, the company earned $7.67 EPS. The firm’s quarterly revenue was up 9.1% on a year-over-year basis. On average, analysts expect that Lockheed Martin will post 27.15 earnings per share for the current year.

Lockheed Martin Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, March 27th. Stockholders of record on Monday, March 2nd will be given a $3.45 dividend. The ex-dividend date is Monday, March 2nd. This represents a $13.80 annualized dividend and a dividend yield of 2.1%. Lockheed Martin’s payout ratio is 64.22%.

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.