DZ Bank Downgrades Lockheed Martin (NYSE:LMT) to Hold

Lockheed Martin (NYSE:LMT) was downgraded by investment analysts at DZ Bank from a “buy” rating to a “hold” rating in a report released on Tuesday, Marketbeat.com reports. They presently have a $665.00 price target on the aerospace company’s stock. DZ Bank’s price target would indicate a potential upside of 4.62% from the company’s previous close.

Several other research analysts have also recently commented on LMT. The Goldman Sachs Group raised their target price on Lockheed Martin from $464.00 to $517.00 and gave the stock a “sell” rating in a research report on Monday. Jefferies Financial Group upped their target price on shares of Lockheed Martin from $540.00 to $630.00 and gave the stock a “hold” rating in a report on Sunday. BNP Paribas Exane lifted their price target on shares of Lockheed Martin from $550.00 to $570.00 and gave the company an “outperform” rating in a report on Thursday, January 8th. JPMorgan Chase & Co. boosted their price target on shares of Lockheed Martin from $515.00 to $680.00 and gave the company a “neutral” rating in a research report on Friday. Finally, Royal Bank Of Canada raised their price objective on shares of Lockheed Martin from $615.00 to $650.00 and gave the stock a “sector perform” rating in a report on Friday. Five analysts have rated the stock with a Buy rating, fifteen have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Lockheed Martin currently has an average rating of “Hold” and a consensus target price of $596.89.

Lockheed Martin Stock Up 0.2%

Shares of Lockheed Martin stock opened at $635.66 on Tuesday. The company has a debt-to-equity ratio of 3.05, a current ratio of 1.09 and a quick ratio of 0.94. The firm has a market cap of $146.25 billion, a price-to-earnings ratio of 29.58, a P/E/G ratio of 1.81 and a beta of 0.23. Lockheed Martin has a 52-week low of $410.11 and a 52-week high of $645.67. The stock has a 50-day simple moving average of $513.37 and a 200-day simple moving average of $482.11.

Lockheed Martin (NYSE:LMT) last issued its quarterly earnings data on Thursday, January 29th. The aerospace company reported $5.80 earnings per share for the quarter, missing analysts’ consensus estimates 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 in the previous year, the business posted $7.67 earnings per share. The firm’s revenue was up 9.1% on a year-over-year basis. On average, equities research analysts expect that Lockheed Martin will post 27.15 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of LMT. Tableaux LLC increased its holdings in shares of Lockheed Martin by 34,231.4% in the second quarter. Tableaux LLC now owns 623,115 shares of the aerospace company’s stock worth $288,589,000 after acquiring an additional 621,300 shares in the last quarter. Sanders Capital LLC acquired a new position in shares of Lockheed Martin in the 3rd quarter valued at approximately $252,699,000. First Trust Advisors LP grew its position in shares of Lockheed Martin by 286.1% in the 3rd quarter. First Trust Advisors LP now owns 503,428 shares of the aerospace company’s stock valued at $251,316,000 after purchasing an additional 373,027 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Lockheed Martin by 169.3% during the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 572,272 shares of the aerospace company’s stock worth $265,030,000 after purchasing an additional 359,748 shares in the last quarter. Finally, Canoe Financial LP acquired a new stake in Lockheed Martin during the 4th quarter worth approximately $166,403,000. Institutional investors own 74.19% of the company’s stock.

Key Lockheed Martin News

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

• Positive Sentiment: Multiple firms raised price targets on LMT this morning (examples include $695, $680, $670, $650 and $611), signaling higher analyst valuation bands that can support buying interest. Lockheed Martin (NYSE:LMT) Price Target Raised to $695.00
• Positive Sentiment: Short interest fell ~14.8% in January, which reduces immediate short-covering pressure and can be bullish for the share base. Lockheed Martin Corporation (NYSE:LMT) Short Interest Down 14.8% in January
• Positive Sentiment: Lockheed completed the first operational test phase for its A4 radar — a program milestone that de-risks future production and potential contract awards. Lockheed Martin Completes First Operational Test Phase For A4 Radar
• Positive Sentiment: RBC Capital issued a Buy on LMT (reported via press coverage), adding institutional endorsement that can attract flows. Lockheed Martin (LMT) Gets a Buy from RBC Capital
• Positive Sentiment: A bullish thesis piece circulating among retail/idea platforms highlights valuation and secular defense demand as supportive arguments for upside. Lockheed Martin Corporation (LMT): A Bull Case Theory
• Neutral Sentiment: UBS maintained a Hold with a $663 target; the stance is not a downgrade but keeps expectations measured. Lockheed Martin: Segment Growth and Cash Flow Strength Offset by Pension Normalization and Delayed FCF Inflection, Supporting Neutral (Hold) Rating
• Neutral Sentiment: Coverage and retail interest (Zacks/trending stories) are drawing attention but do not by themselves change fundamentals. Here is What to Know Beyond Why Lockheed Martin Corporation (LMT) is a Trending Stock
• Neutral Sentiment: Press summaries note analysts remain broadly neutral across some industrial names, keeping mixed guidance in play. Analysts Are Neutral on These Industrial Goods Stocks: CSW Industrials (CSW), Lockheed Martin (LMT)
• Negative Sentiment: Analyst notes flag pension normalization and delayed free-cash-flow inflection as headwinds that could cap multiple expansion and near-term cash generation. Lockheed Martin: Segment Growth and Cash Flow Strength Offset by Pension Normalization and Delayed FCF Inflection, Supporting Neutral (Hold) Rating

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.