Lockheed Martin (NYSE:LMT) Downgraded by Wall Street Zen to “Buy”

Wall Street Zen downgraded shares of Lockheed Martin (NYSE:LMT) from a strong-buy rating to a buy rating in a research report report published on Saturday,Wall Street Zen reports.

A number of other analysts have also recently weighed in on LMT. TD Cowen reduced their target price on shares of Lockheed Martin from $600.00 to $560.00 and set a “hold” rating for the company in a report on Monday, July 13th. UBS Group raised Lockheed Martin from a “neutral” rating to a “buy” rating and upped their price target for the company from $581.00 to $674.00 in a report on Tuesday. Royal Bank Of Canada increased their price objective on Lockheed Martin from $575.00 to $600.00 and gave the company a “sector perform” rating in a research report on Friday, July 24th. Morgan Stanley raised their price objective on Lockheed Martin from $653.00 to $690.00 and gave the stock an “equal weight” rating in a research note on Friday, July 24th. Finally, Weiss Ratings upgraded Lockheed Martin from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, August 13th. 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 assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average target price of $637.56.

Lockheed Martin Price Performance

Shares of NYSE LMT opened at $524.40 on Friday. Lockheed Martin has a twelve month low of $437.25 and a twelve month high of $692.00. The company has a current ratio of 1.19, a quick ratio of 1.01 and a debt-to-equity ratio of 2.34. The company has a market capitalization of $121.03 billion, a price-to-earnings ratio of 19.33, a PEG ratio of 1.14 and a beta of 0.10. The firm has a 50-day moving average of $555.94 and a two-hundred day moving average of $565.85.

Lockheed Martin (NYSE:LMT) last announced its quarterly earnings data on Thursday, July 23rd. The aerospace company reported $7.94 earnings per share (EPS) for the quarter, topping the consensus estimate 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 analysts’ expectations of $19.34 billion. During the same quarter in the previous year, the company 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, analysts expect that Lockheed Martin will post 30.39 earnings per share for the current fiscal year.

Lockheed Martin Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, September 25th. Stockholders of record on Tuesday, September 1st will be issued a dividend of $3.45 per share. The ex-dividend date is Tuesday, September 1st. This represents a $13.80 dividend on an annualized basis and a dividend yield of 2.6%. Lockheed Martin’s payout ratio is currently 50.87%.

Institutional Investors Weigh In On Lockheed Martin

Several hedge funds have recently made changes to their positions in the company. Brighton Jones LLC raised its position in Lockheed Martin by 5.0% during the fourth quarter. Brighton Jones LLC now owns 3,995 shares of the aerospace company’s stock valued at $1,941,000 after buying an additional 191 shares during the period. Sivia Capital Partners LLC boosted its position 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 acquiring an additional 50 shares during the period. 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 valued at $676,000 after acquiring an additional 215 shares in the last quarter. Gamco Investors INC. ET AL grew its stake in Lockheed Martin by 36.0% during the 2nd quarter. Gamco Investors INC. ET AL now owns 2,250 shares of the aerospace company’s stock valued at $1,042,000 after acquiring an additional 595 shares in the last quarter. Finally, Sei Investments Co. grew its stake in Lockheed Martin by 18.2% during the 2nd quarter. Sei Investments Co. now owns 86,569 shares of the aerospace company’s stock valued at $40,092,000 after acquiring an additional 13,300 shares in the last quarter. Hedge funds and other institutional investors 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: The U.S. Army confirmed that Lockheed Martin has advanced to the demonstration phase of the competition for the Integrated Fires Protection Capability Increment 2 second interceptor. Progress in the program could support future missile-defense orders, although a contract award is not yet assured. Army Confirms Lockheed Also Advances To Demo Phase Of IFPC Inc. 2 Second Interceptor Competition
• Positive Sentiment: UBS upgraded Lockheed Martin, citing a structural increase in defense demand that could provide durable support for the company’s backlog and revenue outlook. UBS sees a structural shift building at Lockheed Martin
• Positive Sentiment: Lockheed Martin and IBM are establishing a quantum-computing innovation hub at ETH Zurich, funded in part through Switzerland’s offset obligations related to its purchase of 36 F-35A aircraft. The IBM Quantum System Two will support research into navigation, materials science and other potential defense applications. The initiative strengthens Lockheed’s technology partnerships but is unlikely to materially affect near-term earnings. IBM, Lockheed Martin Announce Swiss Quantum Innovation Hub
• Neutral Sentiment: CEO Jim Taiclet and CFO Evan Scott are scheduled to participate in a Morgan Stanley conference. Investors may look for updates on demand, margins, cash flow and program execution. Lockheed Martin executives to speak at Morgan Stanley conference
• Negative Sentiment: Recent analysis cautions that fixed-price contracts could pressure margins if costs rise, while political scrutiny and shifting defense priorities may challenge traditional business practices. At roughly 17–18 times forward earnings and with a dividend yield near 2.6%, the valuation reflects some of these risks but leaves investors focused on execution. Lockheed Martin valuation and risk analysis

Lockheed Martin Company Profile

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.