Lockheed Martin (NYSE:LMT) Upgraded to “Strong-Buy” at Wall Street Zen

Wall Street Zen upgraded shares of Lockheed Martin (NYSE:LMT) from a hold rating to a strong-buy rating in a research report released on Saturday morning.

Other analysts have also issued research reports about the company. Royal Bank Of Canada upped their price objective on Lockheed Martin from $575.00 to $600.00 and gave the stock a “sector perform” rating in a research report on Friday. Morgan Stanley lifted their target price on Lockheed Martin from $653.00 to $690.00 and gave the company an “equal weight” rating in a report on Friday. Jefferies Financial Group set a $575.00 price target on Lockheed Martin in a report on Thursday, June 25th. JPMorgan Chase & Co. reduced their price target on Lockheed Martin from $680.00 to $605.00 and set a “neutral” rating on the stock in a research report on Tuesday, May 5th. Finally, UBS Group reiterated a “neutral” rating and issued a $581.00 price objective on shares of Lockheed Martin in a research note on Friday. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $624.94.

Lockheed Martin Trading Up 2.5%

Shares of LMT stock opened at $582.73 on Friday. Lockheed Martin has a fifty-two week low of $412.55 and a fifty-two week high of $692.00. The company has a 50 day moving average price of $523.78 and a 200 day moving average price of $573.21. The stock has a market capitalization of $134.35 billion, a P/E ratio of 21.48, a price-to-earnings-growth ratio of 1.04 and a beta of 0.11. The company has a debt-to-equity ratio of 2.34, a quick ratio of 0.94 and a current ratio of 1.19.

Lockheed Martin (NYSE:LMT) last released its earnings results 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. Lockheed Martin had a net margin of 8.16% and a return on equity of 91.42%. The company had revenue of $20.06 billion for the quarter, compared to analyst estimates of $19.34 billion. During the same period in the prior year, the business earned $1.46 EPS. The firm’s quarterly revenue was up 10.5% on a year-over-year basis. Lockheed Martin has set its FY 2026 guidance at 29.950-30.650 EPS. Equities research analysts predict that Lockheed Martin will post 30.12 EPS for the current fiscal year.

Lockheed Martin Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 25th. Stockholders of record on Tuesday, September 1st will be given a dividend of $3.45 per share. This represents a $13.80 annualized dividend and a dividend yield of 2.4%. The ex-dividend date is Tuesday, September 1st. Lockheed Martin’s payout ratio is currently 50.87%.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of LMT. Brighton Jones LLC lifted its holdings in shares of Lockheed Martin by 5.0% in the 4th quarter. Brighton Jones LLC now owns 3,995 shares of the aerospace company’s stock valued at $1,941,000 after purchasing an additional 191 shares during the last quarter. Sivia Capital Partners LLC grew its stake in Lockheed Martin by 5.4% during the 2nd quarter. Sivia Capital Partners LLC now owns 973 shares of the aerospace company’s stock worth $451,000 after buying an additional 50 shares during the last quarter. Schnieders Capital Management LLC. grew its stake in Lockheed Martin by 17.3% during the 2nd quarter. Schnieders Capital Management LLC. now owns 1,460 shares of the aerospace company’s stock worth $676,000 after buying an additional 215 shares during the last quarter. Gamco Investors INC. ET AL increased its position in Lockheed Martin by 36.0% during the second quarter. Gamco Investors INC. ET AL now owns 2,250 shares of the aerospace company’s stock worth $1,042,000 after buying an additional 595 shares during the period. Finally, Sei Investments Co. increased its position in Lockheed Martin by 18.2% during the second quarter. Sei Investments Co. now owns 86,569 shares of the aerospace company’s stock worth $40,092,000 after buying an additional 13,300 shares during the period. 74.19% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting Lockheed Martin

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

• Positive Sentiment: Lockheed beat Q2 expectations with EPS of $7.94 and revenue of $20.06 billion, helped by 10.5% year-over-year sales growth. Reuters: Lockheed Martin lifts 2026 forecasts as Pentagon seeks to restock weapons
• Positive Sentiment: The company raised 2026 guidance for both sales and earnings, signaling management confidence in sustained demand and improved execution. PR Newswire: Lockheed Martin Reports Second Quarter 2026 Financial Results
• Positive Sentiment: Backlog hit a record $230 billion, boosted by major contracts such as the $35 billion THAAD interceptor award, giving investors long-term revenue visibility. Yahoo Finance: Lockheed Martin Says Record Backlog Will Fuel Sales Growth for Years to Come
• Positive Sentiment: Management highlighted expanding munitions production and broader defense demand, which should support future growth as the Pentagon replenishes weapons stockpiles. WSJ: Lockheed Martin Raises Full-Year Outlook on Continued Expansion of Munitions Production
• Neutral Sentiment: Lockheed also unveiled new missile-defense technology and continued investing ahead of contract awards, a strategic move that could help growth but adds some execution risk. Benzinga: Lockheed Isn’t Waiting For Pentagon Orders Anymore
• Negative Sentiment: Some analysts still caution that execution needs to stay consistent, so future gains may depend on whether management can keep deliveries, margins, and production ramp-ups on track. Yahoo Finance: Lockheed Martin Posted Strong Q2 Results but Execution Remains Key, RBC Says

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.