Jefferies Financial Group Increases Lockheed Martin (NYSE:LMT) Price Target to $640.00

Lockheed Martin (NYSE:LMT) had its price objective increased by Jefferies Financial Group from $630.00 to $640.00 in a research note issued on Tuesday,Benzinga reports. The firm currently has a “hold” rating on the aerospace company’s stock. Jefferies Financial Group’s target price would suggest a potential upside of 1.98% from the company’s previous close.

A number of other equities research analysts have also recently issued reports on the stock. Citigroup upped their price target on shares of Lockheed Martin from $673.00 to $675.00 and gave the company a “neutral” rating in a report on Wednesday, April 1st. Weiss Ratings upgraded shares of Lockheed Martin from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, March 23rd. Deutsche Bank Aktiengesellschaft increased their target price on shares of Lockheed Martin from $492.00 to $611.00 and gave the company a “hold” rating in a research note on Friday, January 30th. The Goldman Sachs Group increased their target price on shares of Lockheed Martin from $464.00 to $517.00 and gave the company a “sell” rating in a research note on Monday, February 2nd. Finally, JPMorgan Chase & Co. increased their target price on shares of Lockheed Martin from $515.00 to $680.00 and gave the company a “neutral” rating in a research note on Friday, January 30th. Seven equities research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $635.26.

Lockheed Martin Stock Performance

LMT stock traded down $10.35 during mid-day trading on Tuesday, reaching $627.55. 723,508 shares of the stock traded hands, compared to its average volume of 1,827,232. The company has a quick ratio of 0.94, a current ratio of 1.09 and a debt-to-equity ratio of 3.05. Lockheed Martin has a 52 week low of $410.11 and a 52 week high of $692.00. The business has a 50-day moving average of $637.33 and a two-hundred day moving average of $543.95. The firm has a market capitalization of $144.62 billion, a PE ratio of 29.20, a P/E/G ratio of 1.12 and a beta of 0.23.

Lockheed Martin (NYSE:LMT) last released its quarterly earnings results on Thursday, January 29th. The aerospace company reported $5.80 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 for the quarter, compared to the consensus estimate of $19.84 billion. During the same quarter last year, the company earned $7.67 earnings per share. The firm’s revenue was up 9.1% on a year-over-year basis. As a group, equities analysts predict that Lockheed Martin will post 27.15 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. Charles Schwab Investment Management Inc. raised its position in Lockheed Martin by 1.3% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 8,638,936 shares of the aerospace company’s stock worth $4,178,399,000 after purchasing an additional 114,900 shares in the last quarter. Morgan Stanley raised its position in Lockheed Martin by 10.1% in the fourth quarter. Morgan Stanley now owns 5,728,551 shares of the aerospace company’s stock worth $2,770,729,000 after purchasing an additional 527,523 shares in the last quarter. Wellington Management Group LLP raised its position in Lockheed Martin by 3.4% in the third quarter. Wellington Management Group LLP now owns 2,384,753 shares of the aerospace company’s stock worth $1,190,493,000 after purchasing an additional 79,491 shares in the last quarter. Invesco Ltd. raised its position in Lockheed Martin by 4.2% in the third quarter. Invesco Ltd. now owns 2,196,058 shares of the aerospace company’s stock worth $1,096,294,000 after purchasing an additional 87,663 shares in the last quarter. Finally, Franklin Resources Inc. raised its position in Lockheed Martin by 0.6% in the fourth quarter. Franklin Resources Inc. now owns 1,670,284 shares of the aerospace company’s stock worth $807,866,000 after purchasing an additional 10,349 shares in the last quarter. Institutional investors and hedge funds own 74.19% of the company’s stock.

Lockheed Martin News Roundup

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

• Positive Sentiment: Trump’s $1.5 trillion defense budget request would materially increase defense spending and is a clear upside catalyst for major contractors like Lockheed (more procurement, program funding). Article Title
• Positive Sentiment: Pentagon details (85 additional F?35 jets and increased procurement) directly benefit Lockheed’s F?35 franchise and near-term cash flow expectations. Article Title
• Positive Sentiment: Exostar secured a new five?year contract extension with Lockheed Martin to manage supplier, risk and compliance systems — a modest but tangible operational win that supports supply?chain continuity. Article Title
• Positive Sentiment: Coverage highlighting Lockheed’s role in Artemis II and other space programs underlines long?term growth opportunities in civil and national?security space markets. Article Title
• Neutral Sentiment: Q1 preview notes analysts expect a single?digit profit dip, which may temper short?term upside but is already priced into near?term estimates. Article Title
• Neutral Sentiment: Analyst pieces asking if it’s “too late” to buy note a strong YTD and 1?year run; this drives rotation risk as investors lock in gains. Article Title
• Negative Sentiment: Recent quarterly results missed EPS expectations and highlighted high debt levels; valuation (PE ~29, PEG ~1.12) and concerns about rising costs and leverage are cited as reasons for caution and today’s profit?taking. Article Title
• Negative Sentiment: Market headlines about geopolitical escalation (oil spikes, Iran threats) create volatility—while that can benefit defense sales structurally, it can also trigger broad market risk?off moves that push the stock down intraday. Article Title

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.