Lockheed Martin (NYSE:LMT) Price Target Cut to $550.00 by Analysts at Royal Bank Of Canada

Lockheed Martin (NYSE:LMT) had its target price dropped by research analysts at Royal Bank Of Canada from $600.00 to $550.00 in a report issued on Thursday, Benzinga reports. The firm currently has a “sector perform” rating on the aerospace company’s stock. Royal Bank Of Canada’s price target suggests a potential upside of 3.92% from the company’s previous close.

A number of other analysts also recently weighed in on LMT. UBS Group raised shares of Lockheed Martin from a “neutral” rating to a “buy” rating and increased their target price for the company from $581.00 to $674.00 in a research report on Tuesday, September 8th. Weiss Ratings upgraded shares of Lockheed Martin from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, October 9th. Robert W. Baird set a $700.00 price objective on shares of Lockheed Martin in a research note on Friday, July 24th. TD Cowen decreased their price objective on shares of Lockheed Martin from $600.00 to $570.00 and set a “hold” rating for the company in a research report on Friday, October 9th. Finally, Wells Fargo & Company set a $600.00 price objective on shares of Lockheed Martin in a research report on Monday, July 27th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $628.10.

Lockheed Martin Trading Up 1.3%

Shares of NYSE LMT traded up $7.01 during trading on Thursday, reaching $529.24. The company had a trading volume of 276,948 shares, compared to its average volume of 1,434,859. The company’s fifty day moving average price is $543.57 and its 200-day moving average price is $544.37. Lockheed Martin has a 12 month low of $437.25 and a 12 month high of $692.00. The stock has a market cap of $122.14 billion, a P/E ratio of 19.48, a PEG ratio of 1.09 and a beta of 0.09. The company has a quick ratio of 1.01, a current ratio of 1.19 and a debt-to-equity ratio of 2.34.

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

Institutional Trading of Lockheed Martin

A number of hedge funds and other institutional investors have recently bought and sold shares of LMT. Stonebridge Financial Group LLC MO boosted its position in shares of Lockheed Martin by 2.8% during the first quarter. Stonebridge Financial Group LLC MO now owns 658 shares of the aerospace company’s stock valued at $397,000 after buying an additional 18 shares during the last quarter. Rooted Wealth Advisors Inc. boosted its holdings in Lockheed Martin by 1.8% during the first quarter. Rooted Wealth Advisors Inc. now owns 1,036 shares of the aerospace company’s stock worth $602,000 after purchasing an additional 18 shares during the last quarter. Beacon Capital Management LLC grew its holdings in shares of Lockheed Martin by 4.5% in the second quarter. Beacon Capital Management LLC now owns 442 shares of the aerospace company’s stock valued at $225,000 after acquiring an additional 19 shares in the last quarter. Lee Johnson Capital Management LLC increased its position in shares of Lockheed Martin by 1.6% during the first quarter. Lee Johnson Capital Management LLC now owns 1,239 shares of the aerospace company’s stock valued at $749,000 after acquiring an additional 20 shares during the last quarter. Finally, Lexington Hill Partners LLC lifted its holdings in Lockheed Martin by 2.0% during the second quarter. Lexington Hill Partners LLC now owns 1,004 shares of the aerospace company’s stock worth $512,000 after acquiring an additional 20 shares during the period. Institutional investors own 74.19% of the company’s stock.

Trending Headlines about Lockheed Martin

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

• Positive Sentiment: Lockheed Martin plans to invest $300 million to expand its Grand Prairie, Texas, munitions facility to more than 735,000 square feet. The broader expansion is expected to create approximately 6,000 U.S. jobs, including 2,000 in Texas, and should increase capacity for critical missile programs. Lockheed Martin Expands Advanced Munitions Manufacturing in Texas
• Positive Sentiment: The company aims to eventually increase annual PAC-3 MSE interceptor production from roughly 600 units to at least 2,000. Management characterized defense demand as “permanent,” reinforcing expectations for a larger backlog and sustained revenue growth. LMT Stock Tracks Best Week Since Mid-August
• Positive Sentiment: A seven-year agreement with Hadrian will bring automated manufacturing capabilities to Lockheed Martin’s Texas Missiles and Fire Control facility, potentially improving production speed and supply-chain resilience. Separately, a cooperation agreement with Avio is intended to expand U.S. solid rocket motor production for the ER GMLRS and PrSM programs. Hadrian Expands Partnership with Lockheed Martin
• Neutral Sentiment: Analyst views remain divided: Vertical Research reiterated a bullish stance, while Bernstein reportedly disagreed. The disagreement may limit the rally until upcoming results provide evidence that higher demand is translating into profitable growth. Why Lockheed Martin Stock Popped Today
• Negative Sentiment: Investors continue to weigh Lockheed Martin’s history of fixed-price program problems, including $1.6 billion in reach-forward losses recorded in the second quarter of 2025. Although the shares trade below their historical average, those prior charges remain a risk to margins and investor confidence. Lockheed Martin Trades Below Its Historical Average

About Lockheed Martin

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.