Barclays Upgrades Lockheed Martin (NYSE:LMT) to “Hold”

Lockheed Martin (NYSE:LMT) was upgraded by research analysts at Barclays to a “hold” rating in a research note issued on Friday, Zacks reports.

LMT has been the topic of a number of other reports. Wells Fargo & Company set a $600.00 price target on Lockheed Martin in a research report on Monday, July 27th. Weiss Ratings raised Lockheed Martin from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday. Wall Street Zen upgraded Lockheed Martin from a “buy” rating to a “strong-buy” rating in a report on Sunday, September 20th. Royal Bank Of Canada raised their price target on shares of Lockheed Martin from $575.00 to $600.00 and gave the company a “sector perform” rating in a report on Friday, July 24th. Finally, TD Cowen dropped their price objective on Lockheed Martin from $600.00 to $570.00 and set a “hold” rating for the company in a report on Friday. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $634.50.

Lockheed Martin Trading Up 0.4%

Shares of LMT stock opened at $509.74 on Friday. The company has a market capitalization of $117.64 billion, a P/E ratio of 18.79, a P/E/G ratio of 1.10 and a beta of 0.09. Lockheed Martin has a 12-month low of $437.25 and a 12-month high of $692.00. The company has a quick ratio of 1.01, a current ratio of 1.19 and a debt-to-equity ratio of 2.34. The firm has a 50-day moving average price of $547.87 and a 200 day moving average price of $547.13.

Lockheed Martin (NYSE:LMT) last issued its quarterly earnings data on Thursday, July 23rd. The aerospace company reported $7.94 earnings per share for the quarter, topping the consensus estimate of $7.22 by $0.72. The firm had revenue of $20.06 billion for the quarter, compared to analysts’ expectations of $19.34 billion. Lockheed Martin had a net margin of 8.16% and a return on equity of 91.42%. The company’s quarterly revenue was up 10.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.46 earnings per share. Lockheed Martin has set its FY 2026 guidance at 29.950-30.650 EPS. Research analysts forecast that Lockheed Martin will post 30.44 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. RTD Financial Advisors Inc. acquired a new position in shares of Lockheed Martin during the 3rd quarter worth approximately $547,000. Valley Wealth Managers Inc. grew its stake in shares of Lockheed Martin by 1.8% in the third quarter. Valley Wealth Managers Inc. now owns 8,467 shares of the aerospace company’s stock valued at $4,312,000 after buying an additional 146 shares in the last quarter. Stokes Capital Advisors LLC grew its stake in shares of Lockheed Martin by 0.5% in the third quarter. Stokes Capital Advisors LLC now owns 13,398 shares of the aerospace company’s stock valued at $6,823,000 after buying an additional 65 shares in the last quarter. Mirador Capital Partners LP increased its holdings in Lockheed Martin by 3.1% during the third quarter. Mirador Capital Partners LP now owns 765 shares of the aerospace company’s stock worth $390,000 after buying an additional 23 shares during the last quarter. Finally, Capital Advisors Wealth Management LLC increased its holdings in Lockheed Martin by 6.3% during the third quarter. Capital Advisors Wealth Management LLC now owns 2,092 shares of the aerospace company’s stock worth $1,065,000 after buying an additional 124 shares during the last quarter. 74.19% of the stock is currently owned by institutional investors.

Key Stories Impacting Lockheed Martin

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

• Positive Sentiment: Lockheed Martin won its first S-70i Black Hawk training contract from the Philippines. The award expands the company’s defense-training business and could create additional international revenue opportunities. Can Lockheed Martin’s Training Solutions Expand Its Defense Business?
• Positive Sentiment: Investors continue to focus on Lockheed’s record backlog, stronger missile demand and the Pentagon framework supporting the AIM-260 Joint Advanced Tactical Missile. Faster production and deliveries could provide multiyear revenue visibility. Can Lockheed Martin’s AIM-260 Missile Deliver Multiyear Growth?
• Positive Sentiment: Several analyses characterize LMT as undervalued after its recent decline, citing a forward-looking defense backlog, raised full-year outlook and a valuation below its recent historical average. UBS also published a $674 price target, while Rothschild & Co. initiated coverage with a Buy rating. Is The Market Underpricing Lockheed Martin Stock?
• Positive Sentiment: Lockheed announced the first flight of Morocco’s first F-16 Block 72, supporting the company’s international fighter-aircraft franchise and potential follow-on demand. Lockheed Martin Announces First Flight of Morocco’s First F-16 Block 72

Lockheed Martin Company Profile

Lockheed Martin Corporation is a global aerospace, defense and technology company headquartered in Bethesda, Maryland. The company develops and produces advanced systems for government and commercial customers, with the U.S. Department of Defense and other U.S. government agencies representing its primary customers.

Its principal activities include the design and manufacture of military aircraft, missiles, air and missile defense systems, radar and sensor technologies, naval and rotary-wing systems, satellites, space exploration systems, and cybersecurity and information technology solutions.