Lockheed Martin (NYSE:LMT) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Lockheed Martin (NYSE:LMT) from a buy rating to a strong-buy rating in a research note issued to investors on Sunday,Wall Street Zen reports.

Several other equities analysts have also recently weighed in on the company. Morgan Stanley lifted their price objective on Lockheed Martin from $653.00 to $690.00 and gave the company an “equal weight” rating in a report on Friday, July 24th. Weiss Ratings upgraded Lockheed Martin from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, August 13th. UBS Group raised Lockheed Martin from a “neutral” rating to a “buy” rating and boosted their price target for the company from $581.00 to $674.00 in a research note on Tuesday, September 8th. Citigroup upped their price objective on shares of Lockheed Martin from $641.00 to $691.00 and gave the stock a “buy” rating in a research report on Thursday, August 13th. Finally, Sanford C. Bernstein reiterated a “market perform” rating on shares of Lockheed Martin in a research note on Friday, May 29th. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $637.56.

Lockheed Martin Price Performance

NYSE:LMT opened at $522.07 on Friday. Lockheed Martin has a 52 week low of $437.25 and a 52 week high of $692.00. The company has a debt-to-equity ratio of 2.34, a quick ratio of 1.01 and a current ratio of 1.19. The firm’s 50-day simple moving average is $556.98 and its 200 day simple moving average is $558.90. The firm has a market cap of $120.49 billion, a price-to-earnings ratio of 19.24, a P/E/G ratio of 1.16 and a beta of 0.10.

Lockheed Martin (NYSE:LMT) last announced 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 firm had revenue of $20.06 billion for the quarter, compared to analyst estimates of $19.34 billion. During the same quarter in the prior year, the business posted $1.46 EPS. The business’s revenue was up 10.5% compared to the same quarter last year. Lockheed Martin has set its FY 2026 guidance at 29.950-30.650 EPS. As a group, sell-side analysts predict that Lockheed Martin will post 30.44 earnings per share for the current year.

Lockheed Martin Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 25th. Investors of record on Tuesday, September 1st will be paid a $3.45 dividend. The ex-dividend date of this dividend is Tuesday, September 1st. This represents a $13.80 annualized dividend and a yield of 2.6%. Lockheed Martin’s dividend payout ratio is presently 50.87%.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of LMT. State Street Corp raised its position in Lockheed Martin by 1.3% in the second quarter. State Street Corp now owns 32,975,170 shares of the aerospace company’s stock valued at $16,799,530,000 after purchasing an additional 419,582 shares during the last quarter. BlackRock Inc. bought a new position in Lockheed Martin in the 2nd quarter valued at approximately $9,617,574,000. Corient Private Wealth LP raised its holdings in Lockheed Martin by 3,983.3% in the 2nd quarter. Corient Private Wealth LP now owns 7,110,961 shares of the aerospace company’s stock valued at $3,622,750,000 after buying an additional 6,936,814 shares during the last quarter. Franklin Resources Inc. boosted its position in Lockheed Martin by 0.6% during the 4th quarter. Franklin Resources Inc. now owns 1,670,284 shares of the aerospace company’s stock worth $807,866,000 after buying an additional 10,349 shares during the period. Finally, Deutsche Bank AG grew its holdings in Lockheed Martin by 7.4% during the 4th quarter. Deutsche Bank AG now owns 1,440,840 shares of the aerospace company’s stock worth $696,891,000 after acquiring an additional 99,403 shares during the last quarter. 74.19% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about Lockheed Martin

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

• Positive Sentiment: Lockheed Martin won a U.S. Army indefinite-delivery, indefinite-quantity contract valued at up to $1.2 billion to produce Precision Strike Missile (PrSM) Increment 2. A successful test against moving maritime targets expands the missile’s potential mission set and supports future production revenue. Lockheed wins US Army missile contract worth up to $1.2 billion
• Positive Sentiment: The company’s F-35 franchise continues to expand internationally. Germany’s first F-35A rollout highlights growing NATO adoption, with the aircraft now selected by 20 nations, supporting long-term sales, maintenance and service opportunities. How Does This F-35A Rollout Strengthen NATO Deterrence for Lockheed Martin
• Positive Sentiment: Lockheed is fast-tracking the classified AIM-260 Joint Advanced Tactical Missile for integration with the F-22 and F-35. The program could benefit from rising demand for advanced weapons aimed at countering sophisticated threats. Lockheed Martin Fast-Tracks Secret Missile as Global Weapons Demand Rises
• Positive Sentiment: Investors are scheduled to receive Lockheed Martin’s quarterly dividend this week. The company’s sizable backlog, shareholder returns and long-term missile-modernization demand remain supportive factors for income-focused investors. Lockheed Martin to Pay Dividends This Week
• Neutral Sentiment: Analyst commentary remains mixed, with comparisons against RTX emphasizing valuation and risk-reward considerations rather than a new change to Lockheed Martin’s earnings outlook. Analysts Offer Insights on Lockheed Martin
• Negative Sentiment: Defense stocks sold off after reports that Iran offered to reopen the Strait of Hormuz if the United States takes steps to ease military pressure. The possibility of reduced tensions lowered near-term defense-spending and escalation expectations across the sector. Defense Stocks Fall While Oil Slides on Hormuz Reopening Report
• Negative Sentiment: Investors are also weighing execution and capital-allocation risks, including a report that Lockheed is building stealth drones despite limited apparent Air Force demand, potentially creating inventory or development-cost risk. The Air Force Does Not Want Lockheed Martin’s New Stealth Drone

About Lockheed Martin

Lockheed Martin Corporation is a global aerospace, defense and technology company that develops and produces systems for government and commercial customers, with the U.S. Department of Defense serving as its largest customer. Its principal business areas include Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space.

The company’s products and services include military aircraft such as the F-35 Lightning II, F-16 and C-130; air and missile defense systems; precision weapons; helicopters and maritime systems; radar, sensors and command-and-control technologies; satellites; space exploration systems; and missile-warning and strategic defense capabilities.

Lockheed Martin was created in 1995 through the merger of Lockheed Corporation and Martin Marietta.