Lockheed Martin (NYSE:LMT) Trading Up 1.6% – What’s Next?

Shares of Lockheed Martin Corporation (NYSE:LMT) were up 1.6% during trading on Thursday . The stock traded as high as $518.23 and last traded at $518.1450. Approximately 1,572,686 shares were traded during mid-day trading, a decline of 11% from the average daily volume of 1,774,874 shares. The stock had previously closed at $509.81.

Lockheed Martin News Roundup

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

• Positive Sentiment: Lockheed secured a $1.13 billion U.S. Army award to produce 17 HIMARS M142 launchers through 2028, supporting U.S. and allied deliveries (Taiwan, Estonia, Sweden). A multiyear production award like this supports near?term revenue visibility and backlog. Lockheed Martin Secures $1.13 Billion HIMARS Deal
• Positive Sentiment: Program technology wins: coverage notes Lockheed’s Skunk Works and MDCX work (MQ?25A flight oversight) plus roles in the Space Force “Golden Dome” interceptor and GPS III/IIIF satellites — reinforcing its leadership in advanced air, space and missile defense programs. These program wins underpin long?term backlog and higher?margin work. Is Lockheed Martin’s Golden Dome Role Redefining Its Narrative?
• Positive Sentiment: Partnership/AI robotics angle: XTEND’s CEO detailed an AI OS for autonomous drones and cited a Lockheed partnership; XTEND plans a $1.5B NASDAQ IPO (XTND). Strategic ties to AI/autonomy startups can accelerate Lockheed’s unmanned systems roadmap and investor enthusiasm for optionality. Is This Pre?IPO AI Robotics Company the Next Big Defense Play?
• Neutral Sentiment: Analyst/opinion context: a TipRanks piece argues LMT’s recent pullback creates a buying opportunity given a large backlog (~$186B) and valuation — a positive thesis but opinion?driven rather than company?reported. Lockheed Martin Slid 27% — Backlog and Valuation Still Point to a Buy
• Neutral Sentiment: Peer moves: L3Harris (LHX) reported an upside quarter and raised 2026 EPS guidance; strong results across defense peers validate sector demand but also create relative performance comparisons. L3Harris Raises 2026 Guidance After Q1 Beat
• Neutral Sentiment: Startup ecosystem: Firestorm Labs raised $82M for fieldable drone factories — a sign of increased private capital in autonomy, which can both complement and compete with incumbents’ offerings. Firestorm Labs Raises $82M
• Negative Sentiment: Competitive/outperformance risk: General Dynamics (GD) posted a stronger Q1 and raised outlook, drawing investor attention and creating relative pressure on Lockheed if sentiment rotates to better?reporting peers. General Dynamics Raises Full?Year Outlook After Q1 Beat
• Negative Sentiment: Policy risk: rising GOP pushback on President Trump’s proposed 44% Pentagon budget increase introduces uncertainty around the pace and size of future discretionary defense funding increases, which could temper long?term upside scenarios. Republicans Push Back On Trump’s 44% Pentagon Budget Increase
• Negative Sentiment: Near?term execution: Lockheed’s April quarter missed EPS and revenue estimates (EPS shortfall and modest revenue beat/miss dynamics), which has pressured the stock during the recent pullback and remains a watch item for investors assessing the valuation gap versus fundamentals.

Analysts Set New Price Targets

Several analysts have commented on LMT shares. The Goldman Sachs Group boosted their price target 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. Morgan Stanley decreased their price target 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. JPMorgan Chase & Co. increased their price target on shares of Lockheed Martin from $515.00 to $680.00 and gave the company a “neutral” rating in a report on Friday, January 30th. 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. Finally, BNP Paribas Exane lowered their price target on shares of Lockheed Martin from $770.00 to $680.00 and set an “outperform” rating for the company in a report on Friday, April 24th. Six research analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Lockheed Martin presently has a consensus rating of “Hold” and a consensus target price of $632.58.

Lockheed Martin Trading Up 1.6%

The company has a debt-to-equity ratio of 2.74, a quick ratio of 0.94 and a current ratio of 1.14. The stock’s fifty day moving average is $620.01 and its 200 day moving average is $553.28. The stock has a market cap of $119.46 billion, a P/E ratio of 25.09, a P/E/G ratio of 0.92 and a beta of 0.23.

Lockheed Martin (NYSE:LMT) last posted its quarterly earnings data 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). Lockheed Martin had a return on equity of 101.64% and a net margin of 6.38%.The firm had revenue of $18.02 billion during the quarter, compared to analysts’ expectations of $18.38 billion. During the same period last year, the company earned $7.28 earnings per share. The business’s revenue for the quarter was up .3% compared to the same quarter last year. Lockheed Martin has set its FY 2026 guidance at 29.350-30.250 EPS. As a group, equities research analysts predict that Lockheed Martin Corporation will post 29.91 earnings per share for the current fiscal year.

Lockheed Martin Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Monday, March 2nd were given a $3.45 dividend. This represents a $13.80 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date of this dividend was Monday, March 2nd. Lockheed Martin’s dividend payout ratio is 66.83%.

Institutional Trading of Lockheed Martin

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. IAG Wealth Partners LLC raised its position in Lockheed Martin by 4,800.0% in the 1st quarter. IAG Wealth Partners LLC now owns 49 shares of the aerospace company’s stock worth $30,000 after purchasing an additional 48 shares during the period. United Financial Planning Group LLC purchased a new stake in Lockheed Martin in the 3rd quarter worth about $25,000. Basso Capital Management L.P. purchased a new stake in Lockheed Martin in the 4th quarter worth about $25,000. Barnes Dennig Private Wealth Management LLC raised its position in Lockheed Martin by 285.7% in the 3rd quarter. Barnes Dennig Private Wealth Management LLC now owns 54 shares of the aerospace company’s stock worth $27,000 after purchasing an additional 40 shares during the period. Finally, Grey Fox Wealth Advisors LLC purchased a new stake in Lockheed Martin in the 3rd quarter worth about $27,000. 74.19% of the stock is owned by hedge funds and other institutional investors.

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.