Wells Fargo & Company upgraded shares of Lockheed Martin (NYSE:LMT – Free Report) to a hold rating in a report published on Tuesday,Zacks.com reports.
LMT has been the subject of several other research reports. Weiss Ratings upgraded Lockheed Martin from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, March 23rd. Jefferies Financial Group raised their target price on shares of Lockheed Martin from $540.00 to $630.00 and gave the company a “hold” rating in a report on Sunday, February 1st. Argus raised their target price on shares of Lockheed Martin from $530.00 to $735.00 and gave the company a “buy” rating in a report on Friday, March 6th. Citigroup lifted their price target on shares of Lockheed Martin from $673.00 to $675.00 and gave the stock a “neutral” rating in a research note on Wednesday. Finally, BNP Paribas Exane boosted their price target on shares of Lockheed Martin from $550.00 to $570.00 and gave the stock an “outperform” rating in a report on Thursday, January 8th. Seven investment analysts have rated the stock with a Buy rating, thirteen 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 a consensus target price of $634.74.
Lockheed Martin Stock Up 2.4%
Lockheed Martin (NYSE:LMT – Get Free Report) last released its earnings results on Thursday, January 29th. The aerospace company reported $5.80 EPS for the quarter, missing the consensus estimate of $6.33 by ($0.53). Lockheed Martin had a return on equity of 108.53% and a net margin of 6.69%.The company had revenue of $20.32 billion for the quarter, compared to analyst estimates of $19.84 billion. During the same period in the previous year, the firm earned $7.67 earnings per share. The company’s revenue for the quarter was up 9.1% compared to the same quarter last year. As a group, equities analysts expect that Lockheed Martin will post 27.15 earnings per share for the current fiscal year.
Lockheed Martin Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Friday, March 27th. Stockholders of record on Monday, March 2nd were given a dividend of $3.45 per share. This represents a $13.80 annualized dividend and a dividend yield of 2.2%. The ex-dividend date of this dividend was Monday, March 2nd. Lockheed Martin’s dividend payout ratio (DPR) is 64.22%.
Hedge Funds Weigh In On Lockheed Martin
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. AQR Capital Management LLC lifted its position in shares of Lockheed Martin by 107.3% during the 4th quarter. AQR Capital Management LLC now owns 1,293,823 shares of the aerospace company’s stock worth $625,784,000 after buying an additional 669,604 shares during the last quarter. Morgan Stanley raised its stake in Lockheed Martin by 10.1% during the 4th quarter. Morgan Stanley now owns 5,728,551 shares of the aerospace company’s stock worth $2,770,729,000 after acquiring an additional 527,523 shares in the last quarter. Sanders Capital LLC purchased a new stake in Lockheed Martin in the third quarter valued at $252,699,000. Corient Private Wealth LLC lifted its position in Lockheed Martin by 203.3% in the fourth quarter. Corient Private Wealth LLC now owns 560,363 shares of the aerospace company’s stock valued at $271,031,000 after acquiring an additional 375,622 shares during the last quarter. Finally, First Trust Advisors LP boosted its stake in Lockheed Martin by 286.1% in the third quarter. First Trust Advisors LP now owns 503,428 shares of the aerospace company’s stock valued at $251,316,000 after acquiring an additional 373,027 shares in the last quarter. 74.19% of the stock is owned by institutional investors and hedge funds.
More Lockheed Martin News
Here are the key news stories impacting Lockheed Martin this week:
- Positive Sentiment: Orion spacecraft built by Lockheed successfully launched on NASA’s Artemis II — a high?visibility technical win that validates Lockheed’s role on crewed space programs and supports future NASA work and related revenue. Lockheed Martin-built Orion Spacecraft Sends Astronauts Moonward for the First Time in 53 Years
- Positive Sentiment: Pentagon announced a multi?year framework that lifted defense names, with press reports calling out Boeing and Lockheed as beneficiaries — this signals continued defense spending tailwinds and contract visibility for prime contractors. Boeing Gains 5%, Lockheed Martin Up 2%: Defense Stocks Are Having a Moment as Pentagon Spending Accelerates
- Positive Sentiment: Lockheed opened a Rapid Fielding Center to speed prototyping and delivery — a strategic move to win accelerated government programs and shorten time?to?revenue for new systems. Lockheed Martin Opens Rapid Fielding Center, Accelerating Defense Innovation and Production
- Neutral Sentiment: Wells Fargo initiated coverage with an “equal weight” rating and $650 price target — adds institutional attention but is not a decisive bullish endorsement. Lockheed Martin (NYSE:LMT) Coverage Initiated by Analysts at Wells Fargo & Company
- Neutral Sentiment: Citigroup nudged its price target slightly higher to $675 while keeping a “neutral” rating — a marginal positive to PTs but no change in conviction. Citigroup adjusts price target on Lockheed Martin to 675 from 673, maintains neutral rating
- Neutral Sentiment: Lockheed scheduled a Q1 2026 earnings webcast for April 23 — a near?term event that will provide updated guidance and execution detail investors should watch. Lockheed Martin Announces First-Quarter 2026 Earnings Results Webcast
- Negative Sentiment: Coverage flagged a potential “Artemis reset” and governance questions that could reshape NASA program roles — if NASA reduces Lockheed’s scope on Artemis or shifts architectures, future revenue from space programs could be at risk. Lockheed Martin Faces Artemis Reset And Governance Questions For Future Growth
- Negative Sentiment: Reports that the Air Force cut F?35 orders roughly in half create near?term pressure on program volumes and revenue timing for Lockheed’s largest fighter program. This remains a material downside risk to guidance if reductions persist. Lockheed Martin Hit As Pentagon Slashes Air Force’s F-35 Order In Half Amid Budget Cuts
Lockheed Martin Company Profile
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.
Further Reading
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