Lockheed Martin (NYSE:LMT) Trading Down 1.4% – What’s Next?

Lockheed Martin Corporation (NYSE:LMT) was down 1.4% on Tuesday . The stock traded as low as $657.56 and last traded at $667.12. Approximately 2,138,542 shares changed hands during trading, an increase of 9% from the average daily volume of 1,969,195 shares. The stock had previously closed at $676.70.

Key Stories Impacting Lockheed Martin

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

• Positive Sentiment: Geopolitical escalation is driving fresh demand for Lockheed’s platforms (F-35s, missile interceptors) and has pushed defense peers higher — supportive for LMT’s revenue outlook and order flow. Defense Stocks: Rockets, Radars, and Record Backlogs
• Positive Sentiment: F-35 deployment and Lockheed’s digital/AI upgrades have been highlighted in recent operations, increasing the stock’s strategic visibility and investor interest in sustainment/upgrade revenue streams. Geopolitical Tensions Put Lockheed Martin Defense And Digital Upgrades In Focus
• Positive Sentiment: Analysts (Citi) say the missile/interceptor “megatrend” is still underestimated and explicitly flag Lockheed as sensitive to higher missile demand — a structural tailwind for MFC and MFC-related FCF. Missile ‘megatrend’ still underestimated despite Iran conflict, says Citi
• Neutral Sentiment: Record order backlogs (~$194B cited in coverage) support multi-year revenue visibility, which underpins the rally — but converting backlog into accelerated earnings depends on execution. Defense Stocks: Rockets, Radars, and Record Backlogs
• Neutral Sentiment: Shares have run up strongly YTD (big one-year gains), prompting valuation/“is it too late?” conversations — that can temper further broad-based buying even as fundamentals improve. Assessing Lockheed Martin (LMT) Valuation After Strong Recent Share Price And Total Return Performance
• Negative Sentiment: Analysts warn of manufacturing/capacity constraints and missile supply shortages — if Lockheed (and suppliers) can’t scale quickly, deliveries and near-term revenue/earnings could be pressured even as orders rise. Will the U.S. Run Out of Missiles? Lockheed Martin and More Stocks Trying to Prevent It.
• Negative Sentiment: Recent quarterly EPS missed consensus (Jan 29 quarter), which remains a reminder that execution and margins matter even amid stronger top-line demand. (Company filings/earnings release)

Wall Street Analysts Forecast Growth

LMT has been the subject of a number of research reports. The Goldman Sachs Group raised their price objective on shares of Lockheed Martin from $464.00 to $517.00 and gave the company a “sell” rating in a report on Monday, February 2nd. BNP Paribas Exane upped their price target on shares of Lockheed Martin from $550.00 to $570.00 and gave the company an “outperform” rating in a research report on Thursday, January 8th. Truist Financial lifted their price target on shares of Lockheed Martin from $605.00 to $695.00 and gave the stock a “buy” rating in a report on Friday, January 30th. Susquehanna reissued a “positive” rating and issued a $660.00 price objective on shares of Lockheed Martin in a research note on Thursday, January 15th. Finally, Jefferies Financial Group raised their target price on Lockheed Martin from $540.00 to $630.00 and gave the stock a “hold” rating in a research report on Sunday, February 1st. Six investment analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Lockheed Martin presently has a consensus rating of “Hold” and a consensus price target of $612.50.

Lockheed Martin Stock Down 1.4%

The company has a debt-to-equity ratio of 3.05, a quick ratio of 0.94 and a current ratio of 1.09. The firm’s 50 day moving average price is $585.64 and its two-hundred day moving average price is $512.38. The company has a market cap of $153.49 billion, a P/E ratio of 31.04, a price-to-earnings-growth ratio of 1.19 and a beta of 0.22.

Lockheed Martin (NYSE:LMT) last posted its quarterly earnings results on Thursday, January 29th. The aerospace company reported $5.80 earnings per share for the quarter, missing the consensus estimate of $6.33 by ($0.53). Lockheed Martin had a net margin of 6.69% and a return on equity of 108.53%. The company had revenue of $20.32 billion during the quarter, compared to the consensus estimate of $19.84 billion. During the same period last year, the firm posted $7.67 earnings per share. The company’s revenue for the quarter was up 9.1% on a year-over-year basis. Equities research analysts anticipate that Lockheed Martin Corporation will post 27.15 EPS for the current fiscal year.

Lockheed Martin Dividend Announcement

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

Hedge Funds Weigh In On Lockheed Martin

A number of institutional investors have recently modified their holdings of the company. AQR Capital Management LLC grew its holdings in shares of 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 valued at $625,784,000 after buying an additional 669,604 shares during the last quarter. Tableaux LLC lifted its position in Lockheed Martin by 34,231.4% in the 2nd quarter. Tableaux LLC now owns 623,115 shares of the aerospace company’s stock valued at $288,589,000 after acquiring an additional 621,300 shares in the last quarter. Morgan Stanley boosted its stake in Lockheed Martin by 10.1% during the 4th quarter. Morgan Stanley now owns 5,728,551 shares of the aerospace company’s stock valued at $2,770,729,000 after purchasing an additional 527,523 shares during the last quarter. Sanders Capital LLC acquired a new position in Lockheed Martin during the 3rd quarter valued at about $252,699,000. Finally, Corient Private Wealth LLC increased its holdings in Lockheed Martin by 203.3% during the 4th quarter. Corient Private Wealth LLC now owns 560,363 shares of the aerospace company’s stock worth $271,031,000 after purchasing an additional 375,622 shares in the last quarter. 74.19% of the stock is owned by institutional investors and hedge funds.

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.