Lockheed Martin (NYSE:LMT) Given New $640.00 Price Target at Jefferies Financial Group

Lockheed Martin (NYSE:LMT) had its price target upped by Jefferies Financial Group from $630.00 to $640.00 in a research note issued to investors on Tuesday,Benzinga reports. Jefferies Financial Group currently has a hold rating on the aerospace company’s stock.

Several other brokerages have also commented on LMT. BNP Paribas Exane lifted their price objective on Lockheed Martin from $550.00 to $570.00 and gave the stock an “outperform” rating in a report on Thursday, January 8th. Wells Fargo & Company started coverage on Lockheed Martin in a report on Wednesday, April 1st. They issued an “equal weight” rating and a $650.00 price objective for the company. DZ Bank lowered Lockheed Martin from a “buy” rating to a “hold” rating and set a $665.00 price objective for the company. in a report on Tuesday, February 3rd. Wall Street Zen lowered Lockheed Martin from a “strong-buy” rating to a “buy” rating in a report on Sunday, March 22nd. Finally, Argus lifted their price objective on Lockheed Martin from $530.00 to $735.00 and gave the stock a “buy” rating in a report on Friday, March 6th. Seven investment analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Lockheed Martin presently has an average rating of “Hold” and an average target price of $635.26.

Lockheed Martin Stock Down 1.6%

Shares of NYSE:LMT opened at $627.55 on Tuesday. The stock has a fifty day simple moving average of $637.98 and a two-hundred day simple moving average of $545.04. The stock has a market capitalization of $144.63 billion, a price-to-earnings ratio of 29.20, a PEG ratio of 1.12 and a beta of 0.23. Lockheed Martin has a 12-month low of $410.11 and a 12-month high of $692.00. The company has a current ratio of 1.09, a quick ratio of 0.94 and a debt-to-equity ratio of 3.05.

Lockheed Martin (NYSE:LMT) last posted 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 the consensus estimate of $19.84 billion. Lockheed Martin had a return on equity of 108.53% and a net margin of 6.69%.The firm’s revenue for the quarter was up 9.1% on a year-over-year basis. During the same period in the previous year, the business posted $7.67 EPS. On average, research analysts anticipate that Lockheed Martin will post 27.15 earnings per share for the current fiscal year.

Lockheed Martin Announces Dividend

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

Institutional Investors Weigh In On Lockheed Martin

Several large investors have recently added to or reduced their stakes in the stock. United Financial Planning Group LLC bought a new position in shares of Lockheed Martin during the third quarter valued at approximately $25,000. Basso Capital Management L.P. bought a new position in shares of Lockheed Martin during the fourth quarter valued at approximately $25,000. Barnes Dennig Private Wealth Management LLC grew its stake in shares of Lockheed Martin by 285.7% during the third quarter. Barnes Dennig Private Wealth Management LLC now owns 54 shares of the aerospace company’s stock valued at $27,000 after buying an additional 40 shares during the last quarter. Grey Fox Wealth Advisors LLC bought a new position in shares of Lockheed Martin during the third quarter valued at approximately $27,000. Finally, Clarity Asset Management Inc. bought a new position in shares of Lockheed Martin during the fourth quarter valued at approximately $26,000. 74.19% of the stock is owned by institutional investors.

Key Headlines Impacting Lockheed Martin

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

• Positive Sentiment: Pentagon budget surge signals fast-tracking of Lockheed’s AIM-260 missile program, which could accelerate near-term contract awards and production ramp for high-margin missile work. Pentagon budget surge signals fast track for Lockheed’s AIM-260 missile program
• Positive Sentiment: President Trump’s large defense budget proposals (reported as both $2.2T and a separate $1.5T FY2027 request) are cited as structural tailwinds for Lockheed — supporting F‑35 buys, missile programs and long-cycle defense orders. Trump’s $2.2T proposed defense budget boosts Lockheed Martin’s outlook
• Positive Sentiment: Exostar won a new five‑year contract extension with Lockheed for supplier, risk and compliance management — a small but recurring commercial win that supports program execution and supply‑chain continuity. Exostar secures five-year contract extension with Lockheed Martin
• Neutral Sentiment: Jefferies nudged its price target to $640 but kept a Hold rating — a modest uplift that implies limited near-term upside from current levels. Benzinga
• Neutral Sentiment: Citigroup raised its price target slightly to $675 while maintaining a Neutral rating — shows analysts are raising targets but remaining cautious on valuation. Q1 Preview: Citigroup Remains Neutral on Lockheed Martin Corporation (LMT)
• Neutral Sentiment: Space/Artemis momentum is cited as a longer‑term growth lens for Lockheed’s space business, supporting investor interest but not a near-term earnings driver. Space ETFs Set for a Ride as Artemis II Goes Closest to the Moon
• Negative Sentiment: Zacks flagged a pullback in LMT as broader market strength left the stock lagging in today’s session — short‑term selling pressure likely tied to profit‑taking and macro/geopolitical headlines. Lockheed Martin (LMT) Stock Slides as Market Rises: Facts to Know Before You Trade
• Negative Sentiment: Defense ETFs and many defense names have traded down amid Iran‑related volatility and investor uncertainty — geopolitical risk is producing short-term rotation away from the sector despite higher defense spending proposals. Defense Stocks Can’t Get a Boost From Iran War Escalations. What Would Move Them.
• Negative Sentiment: Analyst and media notes flag rising losses in some segments, elevated debt levels and stretched valuation — risks that could limit upside absent clear earnings beats or confirmed contract flows. LMT Outperforms Industry in 3 Months: What’s Next for Investors?

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.