Lockheed Martin (NYSE:LMT) Rating Increased to Strong-Buy at DZ Bank

DZ Bank upgraded shares of Lockheed Martin (NYSE:LMT) from a hold rating to a strong-buy rating in a research report report published on Thursday morning,Zacks.com reports.

A number of other brokerages have also weighed in on LMT. Weiss Ratings lowered shares of Lockheed Martin from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday. Wall Street Zen lowered shares of Lockheed Martin from a “buy” rating to a “hold” rating in a research note on Saturday, April 25th. TD Cowen decreased their target price on shares of Lockheed Martin from $670.00 to $600.00 and set a “hold” rating on the stock in a research note on Friday, April 24th. Bank of America decreased their target price on shares of Lockheed Martin from $660.00 to $600.00 and set a “neutral” rating on the stock in a research note on Friday, April 24th. Finally, Morgan Stanley decreased their target price on shares of Lockheed Martin from $675.00 to $653.00 and set an “equal weight” rating on the stock in a research note on Friday, April 24th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Lockheed Martin has a consensus rating of “Hold” and an average price target of $632.58.

Lockheed Martin Price Performance

Lockheed Martin stock traded down $5.15 during midday trading on Thursday, reaching $512.82. The company had a trading volume of 1,401,898 shares, compared to its average volume of 1,432,014. The company has a market capitalization of $118.24 billion, a P/E ratio of 24.83, a P/E/G ratio of 0.94 and a beta of 0.23. Lockheed Martin has a 12-month low of $410.11 and a 12-month high of $692.00. The firm’s fifty day simple moving average is $617.05 and its 200-day simple moving average is $553.04. The company has a debt-to-equity ratio of 2.74, a current ratio of 1.14 and a quick ratio of 0.94.

Lockheed Martin (NYSE:LMT) last issued its quarterly earnings results on Thursday, April 23rd. The aerospace company reported $6.44 earnings per share for the quarter, missing analysts’ consensus estimates of $6.79 by ($0.35). The company had revenue of $18.02 billion during 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 company’s quarterly revenue was up .3% compared to the same quarter last year. During the same period in the prior year, the business posted $7.28 earnings per share. Lockheed Martin has set its FY 2026 guidance at 29.350-30.250 EPS. As a group, equities analysts anticipate that Lockheed Martin will post 29.91 EPS for the current year.

Lockheed Martin Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, March 27th. Stockholders of record on Monday, March 2nd were issued a dividend of $3.45 per share. The ex-dividend date was Monday, March 2nd. This represents a $13.80 dividend on an annualized basis and a dividend yield of 2.7%. Lockheed Martin’s dividend payout ratio (DPR) is currently 66.83%.

Institutional Trading of Lockheed Martin

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Diamant Asset Management Inc. lifted its position 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 purchasing an additional 877,932 shares during the last quarter. AQR Capital Management LLC lifted its position 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 purchasing an additional 669,604 shares during the last quarter. Morgan Stanley lifted its position 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 purchasing an additional 527,523 shares during the last quarter. Sanders Capital LLC purchased a new stake in shares of Lockheed Martin during the 3rd quarter worth $252,699,000. Finally, Corient Private Wealth LLC lifted its position in shares of Lockheed Martin by 203.3% during the 4th quarter. Corient Private Wealth LLC now owns 560,363 shares of the aerospace company’s stock worth $271,031,000 after purchasing an additional 375,622 shares during the last quarter. Institutional investors and hedge funds own 74.19% of the company’s stock.

Lockheed Martin News Roundup

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

• Positive Sentiment: Selected by U.S. Space Force to develop capabilities for the Space‑Based Interceptor (SBI) program — strengthens Lockheed’s position in high-priority space missile‑defense work and supports multi‑year program revenue. Lockheed Martin Awarded U.S. Space Force Space-Based Interceptor Contracts to Meet Layered Missile Defense Demand
• Positive Sentiment: Secured a $1.13 billion U.S. Army HIMARS production contract — provides near‑term funded work, supports backlog and cash‑flow runway through 2028. Lockheed Martin (LMT) Secures $1.13 Billion Contract for HIMARS Production
• Positive Sentiment: Analyst/commentary notes that the recent ~27% slide may have overshot fundamentals — large backlog and valuation make a buy case for long‑term investors. This framing can attract value buyers if execution stabilizes. Lockheed Martin (LMT) Slid 27%. The Backlog and Valuation Still Point to a Buy
• Neutral Sentiment: Analysis argues last week’s Q1 miss may reset expectations and create a buying opportunity because management kept full‑year guidance intact and some segments (Missiles/Space) remain resilient. Watch whether Q2 proves improvement. Why Lockheed’s Earnings Miss Could Be a Blessing in Disguise
• Neutral Sentiment: Coverage of an emerging AI/robotics partner (XTEND) and defense‑tech startups highlights potential technology collaborations but remains speculative until formal program wins scale. Is This Pre-IPO AI Robotics Company the Next Big Defense Play? (LMT)
• Negative Sentiment: Peer L3Harris reported a Q1 beat and raised 2026 guidance — stronger results at competitors can siphon investor interest and highlight execution gaps at Lockheed. L3Harris Technologies Increases 2026 Earnings Guidance Following First-Quarter Beat
• Negative Sentiment: Commentary on the expanding autonomous/drone economy suggests thematic flows may favor next‑gen, smaller defense names over legacy primes — a structural headwind for sentiment if allocation trends continue. Q2 Symposium: 4 Key Drivers Powering Global Drone Economy

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.