Investment analysts at Wells Fargo & Company began coverage on shares of Lockheed Martin (NYSE:LMT – Get Free Report) in a report issued on Wednesday, Marketbeat.com reports. The firm set an “equal weight” rating and a $650.00 price target on the aerospace company’s stock. Wells Fargo & Company‘s price target points to a potential upside of 4.33% from the stock’s previous close.
A number of other analysts also recently commented on LMT. Morgan Stanley set a $675.00 price objective on shares of Lockheed Martin in a report on Wednesday, February 4th. UBS Group lifted their target price on shares of Lockheed Martin from $580.00 to $663.00 and gave the stock a “neutral” rating in a research note on Monday, February 2nd. BNP Paribas Exane increased their price target on shares of Lockheed Martin from $550.00 to $570.00 and gave the company an “outperform” rating in a research note on Thursday, January 8th. Citigroup raised their price target on shares of Lockheed Martin from $592.00 to $673.00 and gave the stock a “neutral” rating in a report on Thursday, February 5th. Finally, Deutsche Bank Aktiengesellschaft lifted their price target on shares of Lockheed Martin from $492.00 to $611.00 and gave the company a “hold” rating in a research report on Friday, January 30th. Seven investment analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $634.74.
View Our Latest Stock Report on LMT
Lockheed Martin Trading Up 0.9%
Lockheed Martin (NYSE:LMT – Get Free Report) last issued its 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). The business 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%. Lockheed Martin’s quarterly revenue was up 9.1% on a year-over-year basis. During the same quarter last year, the company earned $7.67 earnings per share. Research analysts forecast that Lockheed Martin will post 27.15 earnings per share for the current fiscal year.
Institutional Trading of Lockheed Martin
Institutional investors and hedge funds have recently bought and sold shares of the business. Cerro Pacific Wealth Advisors LLC boosted its stake in shares of Lockheed Martin by 1.2% in the fourth quarter. Cerro Pacific Wealth Advisors LLC now owns 1,376 shares of the aerospace company’s stock valued at $665,000 after purchasing an additional 16 shares during the period. Garner Asset Management Corp lifted its holdings in Lockheed Martin by 0.9% during the 4th quarter. Garner Asset Management Corp now owns 1,735 shares of the aerospace company’s stock worth $839,000 after buying an additional 16 shares in the last quarter. Davis R M Inc. lifted its holdings in Lockheed Martin by 1.3% during the 4th quarter. Davis R M Inc. now owns 1,264 shares of the aerospace company’s stock worth $612,000 after buying an additional 16 shares in the last quarter. Broadway Wealth Solutions Inc. boosted its position in Lockheed Martin by 3.6% in the 4th quarter. Broadway Wealth Solutions Inc. now owns 484 shares of the aerospace company’s stock valued at $234,000 after buying an additional 17 shares during the period. Finally, Aspire Growth Partners LLC boosted its position in Lockheed Martin by 0.7% in the 4th quarter. Aspire Growth Partners LLC now owns 2,515 shares of the aerospace company’s stock valued at $1,217,000 after buying an additional 17 shares during the period. 74.19% of the stock is currently owned by hedge funds and other institutional investors.
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
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.
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