Brokerages Set Lockheed Martin Corporation (NYSE:LMT) PT at $620.68

Lockheed Martin Corporation (NYSE:LMT) has received an average rating of “Hold” from the twenty-one ratings firms that are presently covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, twelve have given a hold recommendation, seven have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is $620.6842.

Several analysts have commented on LMT shares. JPMorgan Chase & Co. reduced their price objective on Lockheed Martin from $680.00 to $605.00 and set a “neutral” rating for the company in a research note on Tuesday, May 5th. UBS Group upped their price objective on Lockheed Martin from $580.00 to $663.00 and gave the company a “neutral” rating in a research note on Monday, February 2nd. Weiss Ratings raised Lockheed Martin from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, May 14th. Sanford C. Bernstein reaffirmed a “market perform” rating on shares of Lockheed Martin in a research note on Friday. Finally, TD Cowen reduced their price objective on Lockheed Martin from $670.00 to $600.00 and set a “hold” rating for the company in a research note on Friday, April 24th.

Lockheed Martin Stock Down 1.4%

Shares of NYSE LMT opened at $529.82 on Friday. The stock has a market cap of $122.16 billion, a PE ratio of 25.66, a price-to-earnings-growth ratio of 0.96 and a beta of 0.10. The company has a quick ratio of 0.94, a current ratio of 1.14 and a debt-to-equity ratio of 2.74. Lockheed Martin has a 52-week low of $410.11 and a 52-week high of $692.00. The business has a 50-day moving average price of $566.61 and a 200 day moving average price of $558.08.

Lockheed Martin (NYSE:LMT) last posted its quarterly earnings data on Thursday, April 23rd. The aerospace company reported $6.44 EPS for the quarter, missing the consensus estimate of $6.79 by ($0.35). The company had revenue of $18.02 billion for the quarter, compared to analysts’ expectations of $18.38 billion. Lockheed Martin had a net margin of 6.38% and a return on equity of 101.64%. The firm’s revenue was up .3% on a year-over-year basis. During the same period in the prior year, the company earned $7.28 earnings per share. Lockheed Martin has set its FY 2026 guidance at 29.350-30.250 EPS. Equities research analysts forecast that Lockheed Martin will post 29.88 earnings per share for the current year.

Lockheed Martin Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 26th. Shareholders of record on Monday, June 1st will be paid a dividend of $3.45 per share. The ex-dividend date of this dividend is Monday, June 1st. This represents a $13.80 annualized dividend and a yield of 2.6%. Lockheed Martin’s dividend payout ratio is currently 66.83%.

Hedge Funds Weigh In On Lockheed Martin

A number of large investors have recently modified their holdings of LMT. Diamant Asset Management Inc. raised its stake in shares of Lockheed Martin by 60,339.0% during the 1st quarter. Diamant Asset Management Inc. now owns 879,387 shares of the aerospace company’s stock worth $531,493,000 after buying an additional 877,932 shares in the last quarter. AQR Capital Management LLC raised its stake in shares of Lockheed Martin by 107.3% during the 4th quarter. AQR Capital Management LLC now owns 1,293,823 shares of the aerospace company’s stock worth $625,784,000 after buying an additional 669,604 shares in the last quarter. Morgan Stanley raised its stake in shares of Lockheed Martin by 10.1% during the 4th quarter. Morgan Stanley now owns 5,728,551 shares of the aerospace company’s stock worth $2,770,729,000 after buying an additional 527,523 shares in the last quarter. Sanders Capital LLC purchased a new position in shares of Lockheed Martin during the 3rd quarter worth approximately $252,699,000. Finally, Janus Henderson Group PLC raised its stake in shares of Lockheed Martin by 3,497.5% during the 1st quarter. Janus Henderson Group PLC now owns 451,276 shares of the aerospace company’s stock worth $272,746,000 after buying an additional 438,732 shares in the last quarter. 74.19% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting Lockheed Martin

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

• Positive Sentiment: Lockheed Martin delivered the first ICS-enabled combat system baseline to the U.S. Navy, reinforcing execution on a key defense program and highlighting continued demand for its naval systems. Lockheed Martin delivers first ICS-enabled combat system baseline to US Navy
• Positive Sentiment: The Javelin Joint Venture, which includes Lockheed Martin, delivered its first Lightweight Command Launch Units to the U.S. Army, signaling progress in fielded defense hardware and potential support for future revenue recognition. Lockheed Martin Javelin Launcher Delivery Highlights Valuation Gap And Growth Watchpoints
• Positive Sentiment: Lockheed Martin said demand is rising for missile defense, sustainment, and autonomous systems, which suggests solid business momentum across several defense categories. Lockheed Martin sees rising demand for missile defense, sustainment, autonomous systems
• Neutral Sentiment: Sanford C. Bernstein reaffirmed its “market perform” rating on Lockheed Martin, indicating a cautious but not bearish stance from analysts. Lockheed Martin – Bernstein still on market perform
• Neutral Sentiment: Options activity suggests traders are positioning for a bigger move in LMT, but the article does not provide a clear directional catalyst. Are Options Traders Betting on a Big Move in Lockheed Martin Stock?
• Negative Sentiment: Recent coverage comparing Lockheed Martin with Boeing and questioning valuation/watchpoints may be weighing on sentiment, especially as investors evaluate whether LMT’s premium defense profile is fully priced in. Lockheed Martin vs. Boeing: Which Industrials Stock Is a Better Buy in 2026?

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.