Lockheed Martin (NYSE:LMT) Trading 2.3% Higher – What’s Next?

Lockheed Martin Corporation (NYSE:LMT)’s share price traded up 2.3% during mid-day trading on Monday . The stock traded as high as $637.92 and last traded at $637.2160. 1,126,246 shares changed hands during mid-day trading, a decline of 39% from the average session volume of 1,844,436 shares. The stock had previously closed at $622.79.

Lockheed Martin News Summary

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

• Positive Sentiment: BNP Paribas Exane raised its price target to $770 and kept an “outperform” rating, implying ~23% upside versus current levels; that upgrade supports upside expectations and likely underpins buying interest. MarketScreener
• Positive Sentiment: Washington budget tailwinds: reporting highlights that President Trump’s proposed $2.2T defense budget and a reported Pentagon surge are improving Lockheed’s forward outlook and should support demand for missile and other programs. TheStreet
• Positive Sentiment: Pentagon budget movement signals faster path for Lockheed’s AIM‑260 missile program — a program win or acceleration would be a material revenue driver if sustained. Seeking Alpha
• Positive Sentiment: Supply-chain vendor news — Exostar secured a new five‑year contract extension with Lockheed for supplier, risk and compliance management, reducing operational disruption risk and supporting program delivery. Yahoo Finance
• Neutral Sentiment: Analyst moves are mixed: Jefferies nudged its PT to $640 (hold) and Citigroup left a Neutral stance while slightly lifting targets — these give some near‑term validation but are not unanimous buy signals. Benzinga
• Neutral Sentiment: Sector & macro commentary: pieces on space/Artemis and long‑term defense secular themes (and “worth buying” lists) highlight structural growth, but these are longer‑horizon positives rather than immediate catalysts. Motley Fool
• Negative Sentiment: Geopolitical de‑escalation: Barron’s notes defense names dipped after President Trump announced an Iran cease‑fire — reduced near‑term war risk lowers the defensive bid that boosted the sector earlier. Barron’s
• Negative Sentiment: Market weakness in the sector: multiple reports show defense ETFs have fallen (~8% since the Iran conflict began) and investors are waiting on policy clarity from the administration — broad selling pressure can drag LMT even if company fundamentals remain solid. Yahoo Finance
• Negative Sentiment: Program competition loss: Bell’s M1 advanced to the final phase of the Army’s flight school competition while Lockheed did not — a lost program spot can pressure future growth in that segment. Defense Daily

Analyst Ratings Changes

Several research analysts have issued reports on the stock. The Goldman Sachs Group lifted their price target on shares of Lockheed Martin from $464.00 to $517.00 and gave the stock a “sell” rating in a research report on Monday, February 2nd. Truist Financial lifted their price objective on shares of Lockheed Martin from $605.00 to $695.00 and gave the stock a “buy” rating in a research report on Friday, January 30th. Jefferies Financial Group lifted their price objective on shares of Lockheed Martin from $630.00 to $640.00 and gave the stock a “hold” rating in a research report on Tuesday. Susquehanna lifted their price objective on shares of Lockheed Martin from $725.00 to $740.00 and gave the stock a “positive” rating in a research report on Wednesday, March 18th. Finally, Morgan Stanley set a $675.00 price objective on shares of Lockheed Martin in a research report on Wednesday, February 4th. Seven analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Lockheed Martin has an average rating of “Hold” and a consensus target price of $645.79.

Lockheed Martin Stock Up 0.1%

The business’s 50 day simple moving average is $637.98 and its 200-day simple moving average is $545.04. The company has a market cap of $144.75 billion, a price-to-earnings ratio of 29.23, a price-to-earnings-growth ratio of 1.12 and a beta of 0.23. The company has a debt-to-equity ratio of 3.05, a quick ratio of 0.94 and a current ratio of 1.09.

Lockheed Martin (NYSE:LMT) last issued its 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). The company had revenue of $20.32 billion for the quarter, compared to analyst estimates of $19.84 billion. Lockheed Martin had a net margin of 6.69% and a return on equity of 108.53%. The company’s quarterly revenue was up 9.1% on a year-over-year basis. During the same period last year, the business earned $7.67 EPS. Sell-side analysts expect that Lockheed Martin Corporation will post 27.15 earnings per share for the current year.

Lockheed Martin Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, March 27th. Shareholders of record on Monday, March 2nd were paid a dividend of $3.45 per share. The ex-dividend date of this dividend was Monday, March 2nd. This represents a $13.80 dividend on an annualized basis and a dividend yield of 2.2%. Lockheed Martin’s dividend payout ratio (DPR) is 64.22%.

Institutional Investors Weigh In On Lockheed Martin

A number of institutional investors have recently modified their holdings of the stock. J. Derek Lewis & Associates Inc. acquired a new stake in shares of Lockheed Martin in the 4th quarter valued at $203,000. Purpose Unlimited Inc. acquired a new stake in shares of Lockheed Martin in the 4th quarter valued at $312,000. Rockefeller Capital Management L.P. lifted its stake in shares of Lockheed Martin by 10.5% in the 4th quarter. Rockefeller Capital Management L.P. now owns 121,521 shares of the aerospace company’s stock valued at $58,776,000 after purchasing an additional 11,573 shares during the last quarter. World Investment Advisors lifted its stake in shares of Lockheed Martin by 54.7% in the 4th quarter. World Investment Advisors now owns 14,739 shares of the aerospace company’s stock valued at $7,129,000 after purchasing an additional 5,214 shares during the last quarter. Finally, Nalls Sherbakoff Group LLC acquired a new stake in shares of Lockheed Martin in the 4th quarter valued at $318,000. Institutional investors and hedge funds own 74.19% of the company’s stock.

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.