Lockheed Martin (NYSE:LMT) Stock Price Down 1.7% – What’s Next?

Lockheed Martin Corporation (NYSE:LMT) shares dropped 1.7% during mid-day trading on Friday . The stock traded as low as $622.37 and last traded at $626.6440. Approximately 6,462,071 shares changed hands during trading, an increase of 231% from the average daily volume of 1,950,414 shares. The stock had previously closed at $637.51.

Lockheed Martin News Summary

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

• Positive Sentiment: Pentagon seeks a large supplemental (~$200B) tied to the Iran conflict, which would boost defense procurement and is broadly supportive for prime contractors like Lockheed. Pentagon Seeks $200 Billion for Iran War
• Positive Sentiment: Analysts and market commentary point to a missile-defense/missile-replenishment “supercycle” from geopolitical conflicts that would lift demand for Lockheed’s THAAD, PAC-3 and related systems. The Shahed Drone War Is Creating A Missile Defense Supercycle
• Positive Sentiment: Lockheed awarded a contract to integrate Fortem Technologies’ counter-drone sensors and interceptors with its C-UAS software—adds to revenue mix in airspace security. Lockheed Martin Selects Fortem Technologies
• Positive Sentiment: Susquehanna published a bullish price-appreciation forecast for LMT, reflecting optimistic analyst sentiment that can support buying interest. Susquehanna Forecasts Strong Price Appreciation for Lockheed Martin
• Positive Sentiment: Greece’s “Achilles Shield” air-defense plan cleared a hurdle and includes Lockheed equipment, adding international order potential (though analysts say it’s not transformational alone). What Is the “Achilles Shield” and How Is Lockheed Martin Involved?
• Neutral Sentiment: Zacks pieces show elevated retail/investor attention and compare LMT vs. Northrop (NOC) as both benefit from rising defense demand—useful context but not an immediate catalyst. Here is What to Know Beyond Why Lockheed Martin Is Trending
• Neutral Sentiment: Reports on the Army’s Dark Eagle hypersonic program note “weeks away” deployment but flag testing and data shortcomings—potential revenue upside if deployed, but execution risk remains. Army Says Dark Eagle Hypersonic Deployment Is Weeks Away
• Negative Sentiment: Lockheed’s latest quarterly EPS missed estimates (reported Jan 29), which combined with profit-taking and a high P/E can pressure the stock despite revenue growth and backlog strength.

Analysts Set New Price Targets

A number of research analysts recently commented on LMT shares. Weiss Ratings downgraded Lockheed Martin from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, March 6th. Susquehanna increased their price objective on shares of Lockheed Martin from $725.00 to $740.00 and gave the stock a “positive” rating in a research note on Wednesday. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Lockheed Martin from $492.00 to $611.00 and gave the company a “hold” rating in a research report on Friday, January 30th. TD Cowen upped their price target on shares of Lockheed Martin from $600.00 to $670.00 and gave the stock a “hold” rating in a report on Friday, January 30th. Finally, JPMorgan Chase & Co. increased their price target on shares of Lockheed Martin from $515.00 to $680.00 and gave the stock a “neutral” rating in a research report on Friday, January 30th. Six investment analysts have rated the stock with a Buy rating, fifteen have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $623.16.

Lockheed Martin Stock Down 1.7%

The company has a current ratio of 1.09, a quick ratio of 0.94 and a debt-to-equity ratio of 3.05. The company has a market capitalization of $144.18 billion, a P/E ratio of 29.16, a PEG ratio of 1.16 and a beta of 0.22. The stock has a 50 day moving average price of $626.73 and a 200 day moving average price of $529.93.

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). The firm had revenue of $20.32 billion for the quarter, compared to the consensus estimate of $19.84 billion. Lockheed Martin had a return on equity of 108.53% and a net margin of 6.69%.The company’s revenue was up 9.1% on a year-over-year basis. During the same quarter in the prior year, the firm earned $7.67 EPS. On average, research analysts anticipate that Lockheed Martin Corporation will post 27.15 earnings per share for the current fiscal year.

Lockheed Martin Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 27th. Stockholders of record on Monday, March 2nd will be paid a $3.45 dividend. The ex-dividend date of this dividend is Monday, March 2nd. This represents a $13.80 annualized dividend and a dividend yield of 2.2%. Lockheed Martin’s dividend payout ratio is currently 64.22%.

Institutional Investors Weigh In On Lockheed Martin

A number of institutional investors have recently added to or reduced their stakes in the business. Brighton Jones LLC raised its position in Lockheed Martin by 5.0% during the 4th quarter. Brighton Jones LLC now owns 3,995 shares of the aerospace company’s stock worth $1,941,000 after purchasing an additional 191 shares during the last quarter. Sivia Capital Partners LLC increased its stake in shares of Lockheed Martin by 5.4% in the second quarter. Sivia Capital Partners LLC now owns 973 shares of the aerospace company’s stock valued at $451,000 after buying an additional 50 shares during the period. Schnieders Capital Management LLC. raised its position in shares of Lockheed Martin by 17.3% during the second quarter. Schnieders Capital Management LLC. now owns 1,460 shares of the aerospace company’s stock worth $676,000 after acquiring an additional 215 shares during the last quarter. Inspire Advisors LLC increased its position in Lockheed Martin by 3.7% during the 2nd quarter. Inspire Advisors LLC now owns 1,040 shares of the aerospace company’s stock valued at $482,000 after purchasing an additional 37 shares during the period. Finally, Wealthspire Advisors LLC raised its holdings in Lockheed Martin by 3.3% during the 2nd quarter. Wealthspire Advisors LLC now owns 7,808 shares of the aerospace company’s stock worth $3,616,000 after purchasing an additional 246 shares during the last quarter. 74.19% of the stock is owned by institutional investors.

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.