Lockheed Martin (NYSE:LMT) Stock Price Up 2.4% Following Analyst Upgrade

Lockheed Martin Corporation (NYSE:LMT)’s stock price rose 2.4% on Wednesday after Citigroup raised their price target on the stock from $673.00 to $675.00. Citigroup currently has a neutral rating on the stock. Lockheed Martin traded as high as $619.10 and last traded at $618.6270. Approximately 1,104,061 shares traded hands during mid-day trading, a decline of 41% from the average daily volume of 1,867,530 shares. The stock had previously closed at $604.39.

Several other equities research analysts also recently commented on the stock. UBS Group boosted their target price on shares of Lockheed Martin from $580.00 to $663.00 and gave the company a “neutral” rating in a research note on Monday, February 2nd. Wall Street Zen cut shares of Lockheed Martin from a “strong-buy” rating to a “buy” rating in a research report on Sunday, March 22nd. DZ Bank downgraded shares of Lockheed Martin from a “buy” rating to a “hold” rating and set a $665.00 price target for the company. in a report on Tuesday, February 3rd. Morgan Stanley set a $675.00 price target on shares of Lockheed Martin in a research report on Wednesday, February 4th. Finally, The Goldman Sachs Group upped their price objective on shares of Lockheed Martin from $464.00 to $517.00 and gave the stock a “sell” rating in a research note on Monday, February 2nd. Seven equities research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $634.74.

Trending Headlines about Lockheed Martin

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

• Positive Sentiment: Major Pentagon framework deal announced this morning with Boeing and Lockheed, driving renewed conviction in multi‑year government backlog and accelerating production programs that support revenue visibility. Boeing Gains 5%, Lockheed Martin Up 2%
• Positive Sentiment: Operational push: Lockheed opened a Rapid Fielding/rapid prototyping facility to speed development and scale production — a structural win if it helps clinch accelerated acquisition programs. Lockheed Martin Opens Rapid Fielding Center
• Neutral Sentiment: Citigroup bumped its price target slightly to $675 but kept a “neutral” rating — a modest vote of confidence on valuation but not a buy signal from that analyst. Citigroup Adjusts Price Target on Lockheed Martin
• Neutral Sentiment: Wells Fargo initiated coverage with an “equal weight” rating and $650 target — signals institutional interest but no clear upgrade impetus. Wells Fargo Initiates Coverage
• Neutral Sentiment: Market positioning: actively managed defense ETFs (which often hold LMT) remain in focus; flows into these funds can amplify moves but are volatile. 2 Actively Managed Defense ETFs
• Negative Sentiment: Political risk: President Trump’s comments about walking away from NATO and pressing Europe on defense spending create uncertainty around alliance-driven procurement dynamics and could pressure defense-sector sentiment. Trump Toys With NATO Exit: Defense Stocks In The Crosshairs
• Negative Sentiment: Program/governance risks: NASA’s Artemis reset and reports of reduced F‑35 Air Force orders highlight possible contract reshaping and near‑term revenue headwinds for key programs tied to Lockheed. These are execution and backlog risks to monitor. Lockheed Martin Faces Artemis Reset

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in LMT. Cerro Pacific Wealth Advisors LLC raised its stake in shares of Lockheed Martin by 1.2% in the fourth quarter. Cerro Pacific Wealth Advisors LLC now owns 1,376 shares of the aerospace company’s stock worth $665,000 after acquiring an additional 16 shares during the last quarter. Garner Asset Management Corp increased its holdings in shares of Lockheed Martin by 0.9% in the fourth quarter. Garner Asset Management Corp now owns 1,735 shares of the aerospace company’s stock valued at $839,000 after purchasing an additional 16 shares in the last quarter. Davis R M Inc. increased its holdings in shares of Lockheed Martin by 1.3% in the fourth quarter. Davis R M Inc. now owns 1,264 shares of the aerospace company’s stock valued at $612,000 after purchasing an additional 16 shares in the last quarter. Broadway Wealth Solutions Inc. raised its position in Lockheed Martin by 3.6% in the 4th quarter. Broadway Wealth Solutions Inc. now owns 484 shares of the aerospace company’s stock worth $234,000 after purchasing an additional 17 shares during the last quarter. Finally, Aspire Growth Partners LLC lifted its holdings in Lockheed Martin by 0.7% during the 4th quarter. Aspire Growth Partners LLC now owns 2,515 shares of the aerospace company’s stock worth $1,217,000 after buying an additional 17 shares in the last quarter. Institutional investors and hedge funds own 74.19% of the company’s stock.

Lockheed Martin Stock Performance

The stock has a market cap of $142.57 billion, a price-to-earnings ratio of 28.79, a P/E/G ratio of 1.08 and a beta of 0.22. 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 firm has a fifty day simple moving average of $634.31 and a 200-day simple moving average of $539.67.

Lockheed Martin (NYSE:LMT) last released its earnings results on Thursday, January 29th. The aerospace company reported $5.80 EPS for the quarter, missing the consensus estimate of $6.33 by ($0.53). Lockheed Martin had a net margin of 6.69% and a return on equity of 108.53%. The firm had revenue of $20.32 billion during the quarter, compared to analyst estimates of $19.84 billion. During the same period last year, the business posted $7.67 earnings per share. The firm’s quarterly revenue was up 9.1% on a year-over-year basis. Analysts forecast that Lockheed Martin Corporation will post 27.15 EPS for the current fiscal year.

Lockheed Martin Dividend Announcement

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

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.