Shares of Lockheed Martin Corporation (NYSE:LMT – Get Free Report) have received a consensus rating of “Moderate Buy” from the twenty-three brokerages that are covering the company, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, ten have given a hold recommendation, eleven have issued a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is $647.00.
LMT has been the topic of several recent research reports. Robert W. Baird set a $700.00 target price on shares of Lockheed Martin in a research report on Friday, July 24th. Guggenheim began coverage on shares of Lockheed Martin in a report on Wednesday, November 4th. They set a “buy” rating and a $735.00 target price on the stock. Royal Bank Of Canada upped their price target on shares of Lockheed Martin from $550.00 to $600.00 and gave the company a “sector perform” rating in a research report on Friday, October 23rd. JPMorgan Chase & Co. raised their price target on shares of Lockheed Martin from $620.00 to $665.00 and gave the company a “neutral” rating in a research note on Monday, October 26th. Finally, Jefferies Financial Group reiterated a “hold” rating and set a $615.00 price target on shares of Lockheed Martin in a report on Sunday, October 25th.
Read Our Latest Stock Report on LMT
Lockheed Martin Trading Down 1.4%
Shares of LMT stock traded down $8.20 during mid-day trading on Friday, reaching $595.89. 913,515 shares of the stock traded hands, compared to its average volume of 1,706,259. The stock’s fifty day simple moving average is $553.61 and its two-hundred day simple moving average is $569.93. Lockheed Martin has a 1-year low of $437.25 and a 1-year high of $692.00. The company has a market cap of $137.65 billion, a price-to-earnings ratio of 21.17, a price-to-earnings-growth ratio of 1.28 and a beta of 0.07. The company has a quick ratio of 1.10, a current ratio of 1.26 and a debt-to-equity ratio of 2.04.
Lockheed Martin (NYSE:LMT – Get Free Report) last released its quarterly earnings results on Thursday, October 22nd. The aerospace company reported $7.97 earnings per share for the quarter, topping the consensus estimate of $7.52 by $0.45. Lockheed Martin had a return on equity of 83.41% and a net margin of 8.23%. The company had revenue of $20.71 billion for the quarter, compared to analysts’ expectations of $20.48 billion. During the same period in the previous year, the business posted $6.95 earnings per share. The business’s quarterly revenue was up 11.3% compared to the same quarter last year. On average, research analysts anticipate that Lockheed Martin will post 30.66 EPS for the current fiscal year.
Lockheed Martin Increases Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 31st. Investors of record on Tuesday, December 1st will be issued a $3.60 dividend. The ex-dividend date is Tuesday, December 1st. This is a positive change from Lockheed Martin’s previous quarterly dividend of $3.45. This represents a $14.40 dividend on an annualized basis and a yield of 2.4%. Lockheed Martin’s dividend payout ratio (DPR) is currently 51.15%.
Key Headlines Impacting Lockheed Martin
Here are a few of the latest headlines about LMT:
- Positive Sentiment: Rising defense spending, strong aerospace demand and record industry backlogs are cited as supports for Lockheed Martin and peers. The article also points to improved 2026 guidance, reinforcing the sector’s growth outlook. The Zacks Analyst Blog Highlights GE Aerospace, Howmet Aerospace, RTX and Lockheed Martin
- Neutral Sentiment: Recent Zacks pieces describe LMT as a value-stock candidate and compare it with Howmet Aerospace, but provide no new company-specific operating or earnings developments. Why Lockheed Martin (LMT) is a Top Value Stock for the Long-Term
- Negative Sentiment: Alphabet’s entry into Golden Dome adds another potential competitor, while the scale of the program and uncertainty over which companies will receive awards make the opportunity difficult to quantify for LMT. Golden Dome’s $185 Billion Question: Who Actually Gets Paid?
Institutional Inflows and Outflows
Several large investors have recently bought and sold shares of the stock. State Street Corp increased its stake in shares of Lockheed Martin by 1.3% in the second quarter. State Street Corp now owns 32,975,170 shares of the aerospace company’s stock valued at $16,799,530,000 after buying an additional 419,582 shares during the period. BlackRock Inc. bought a new position in Lockheed Martin during the 2nd quarter worth approximately $9,617,574,000. Corient Private Wealth LP acquired a new stake in shares of Lockheed Martin during the second quarter worth $101,960,000. Sanders Capital LLC increased its position in shares of Lockheed Martin by 44.8% during the third quarter. Sanders Capital LLC now owns 3,030,638 shares of the aerospace company’s stock worth $1,543,352,000 after buying an additional 937,105 shares during the period. Finally, Bank of New York Mellon Corp bought a new position in Lockheed Martin during the second quarter worth $645,258,000. 74.19% of the stock is owned by institutional investors.
Lockheed Martin Company Profile
Lockheed Martin Corporation is a global security and aerospace company headquartered in Bethesda, Maryland. Formed in 1995 through the merger of Lockheed Corporation and Martin Marietta, the company develops and produces advanced defense, aerospace, and technology systems for government and commercial customers. Its principal business areas include Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space. Products and services include military aircraft such as the F-35 Lightning II, C-130 Hercules, and F-16 Fighting Falcon; missile-defense and precision-strike systems; helicopters and naval systems; command, control, communications, and intelligence technologies; satellites; space exploration systems; and other classified space and defense programs.
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