Lockheed Martin (NYSE:LMT) Cut to Buy at Wall Street Zen

Lockheed Martin (NYSE:LMT) was downgraded by investment analysts at Wall Street Zen from a “strong-buy” rating to a “buy” rating in a report issued on Sunday.

A number of other brokerages have also recently commented on LMT. Weiss Ratings cut shares of Lockheed Martin from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, March 6th. JPMorgan Chase & Co. upped their target price on shares of Lockheed Martin from $515.00 to $680.00 and gave the company a “neutral” rating in a report on Friday, January 30th. The Goldman Sachs Group raised their target price on shares of Lockheed Martin from $464.00 to $517.00 and gave the company a “sell” rating in a research note on Monday, February 2nd. Citigroup lifted their price target on Lockheed Martin from $592.00 to $673.00 and gave the stock a “neutral” rating in a report on Thursday, February 5th. Finally, UBS Group boosted their price target on Lockheed Martin from $580.00 to $663.00 and gave the stock a “neutral” rating in a research report on Monday, February 2nd. Six research analysts have rated the stock with a Buy rating, fifteen have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Lockheed Martin has an average rating of “Hold” and a consensus price target of $623.16.

Lockheed Martin Stock Down 1.7%

NYSE:LMT opened at $626.64 on Friday. Lockheed Martin has a twelve month low of $410.11 and a twelve month high of $692.00. The firm has a market capitalization of $144.18 billion, a price-to-earnings ratio of 29.16, a price-to-earnings-growth ratio of 1.13 and a beta of 0.22. The company has a quick ratio of 0.94, a current ratio of 1.09 and a debt-to-equity ratio of 3.05. The stock’s 50 day moving average price is $628.41 and its two-hundred day moving average price is $531.67.

Lockheed Martin (NYSE:LMT) last released its quarterly earnings data 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 during 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 company’s quarterly revenue was up 9.1% compared to the same quarter last year. During the same period in the previous year, the company posted $7.67 EPS. Equities research analysts expect that Lockheed Martin will post 27.15 earnings per share for the current fiscal year.

Institutional Trading of Lockheed Martin

Hedge funds and other institutional investors have recently modified their holdings of the stock. Carnegie Investment Counsel increased its position in shares of Lockheed Martin by 11.4% in the third quarter. Carnegie Investment Counsel now owns 29,639 shares of the aerospace company’s stock worth $14,796,000 after purchasing an additional 3,031 shares during the period. VCI Wealth Management LLC bought a new stake in Lockheed Martin during the third quarter worth about $3,075,000. DAVENPORT & Co LLC lifted its position in Lockheed Martin by 22.4% during the third quarter. DAVENPORT & Co LLC now owns 25,423 shares of the aerospace company’s stock worth $12,688,000 after purchasing an additional 4,652 shares during the period. Farther Finance Advisors LLC grew its stake in Lockheed Martin by 29.2% during the third quarter. Farther Finance Advisors LLC now owns 10,036 shares of the aerospace company’s stock worth $5,010,000 after buying an additional 2,270 shares in the last quarter. Finally, Oppenheimer & Co. Inc. increased its holdings in Lockheed Martin by 9.3% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 39,410 shares of the aerospace company’s stock valued at $19,674,000 after buying an additional 3,352 shares during the period. Institutional investors own 74.19% of the company’s stock.

More Lockheed Martin News

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

• Positive Sentiment: Pentagon seeks a roughly $200 billion supplemental tied to the Iran conflict, which analysts say would meaningfully boost defense spending and demand for prime contractors like Lockheed. Pentagon Seeks $200 Billion for Iran War
• Positive Sentiment: Analysis argues the ongoing “Shahed” drone strikes and missile-defense replenishment are creating a missile-defense supercycle that directly benefits Lockheed’s THAAD, PAC‑3 and related programs. Shahed Drone War Creates Missile-Defense Supercycle
• Positive Sentiment: Susquehanna published a bullish forecast calling for strong price appreciation, signaling buy-side conviction that Lockheed’s backlog and cash generation support upside. Susquehanna Forecasts Strong Price Appreciation
• Positive Sentiment: Lockheed won a contract with Fortem Technologies to integrate counter‑drone systems, expanding its C‑UAS offerings and recurring systems-integration revenue. Lockheed Selects Fortem Technologies
• Positive Sentiment: Coverage notes Greece’s air‑defense plans (the “Achilles Shield”) include Lockheed systems, adding incremental export opportunities even if not transformative by itself. What Is the Achilles Shield?
• Neutral Sentiment: Comparisons to peers (Northrop Grumman) highlight similar tailwinds but different program mixes; this frames LMT as attractive to some investors but not a clear standalone winner. Lockheed vs. Northrop Comparison
• Neutral Sentiment: Zacks and other outlets note LMT is a trending stock, reflecting elevated attention that can amplify intraday moves unrelated to fundamentals. Why LMT Is Trending
• Negative Sentiment: Lockheed missed on Q4 EPS (reported 5.80 vs. est. 6.33), which, combined with a high P/E and a recent run-up, can trigger short‑term profit‑taking and downward pressure. Earnings and Trading Data

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.