Lockheed Martin (NYSE:LMT) Trading 4.4% Higher – Still a Buy?

Shares of Lockheed Martin Corporation (NYSE:LMT) rose 4.4% during mid-day trading on Thursday . The company traded as high as $545.99 and last traded at $544.7470. Approximately 1,392,545 shares changed hands during trading, a decline of 14% from the average session volume of 1,627,596 shares. The stock had previously closed at $521.82.

Lockheed Martin News Roundup

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

• Positive Sentiment: Lockheed Martin is reportedly the front-runner to buy Ultra Maritime for about $3.5 billion, a deal that would strengthen its position in naval defense and could add to its long-term growth pipeline. Lockheed Martin frontrunner for $3.5B Ultra Maritime deal, sources say – FT
• Positive Sentiment: The stock is also benefiting from recent large contract awards, including a massive THAAD interceptor production deal and a U.S. Army radar contract, which reinforce demand for Lockheed’s missile-defense systems. Why Lockheed Martin (LMT) Is Up 6.1% After Massive Missile-Defense Contracts And Index Shift
• Positive Sentiment: Citi upgraded Lockheed Martin to Buy, signaling that some analysts see the recent pullback as an attractive entry point for defense investors. Why Lockheed Stock’s Brutal Quarter Is Sending a Buy Signal
• Neutral Sentiment: Lockheed Martin announced its second-quarter 2026 earnings webcast for July 23, which keeps investors focused on upcoming results but does not change fundamentals by itself. Lockheed Martin Announces Second Quarter 2026 Earnings Results Webcast
• Negative Sentiment: Some commentary remains cautious after Lockheed’s recent quarter, pointing to program charges and weaker cash flow, which may limit upside if execution does not improve. General Dynamics Vs. Lockheed Martin: Buy General Dynamics for Deep Marine Backlogs

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on LMT shares. JPMorgan Chase & Co. dropped their price objective on Lockheed Martin from $680.00 to $605.00 and set a “neutral” rating on the stock in a research note on Tuesday, May 5th. DZ Bank upgraded Lockheed Martin from a “hold” rating to a “strong-buy” rating in a research note on Thursday, April 30th. Royal Bank Of Canada lowered their target price on Lockheed Martin from $650.00 to $575.00 and set a “sector perform” rating on the stock in a report on Friday, April 24th. TD Cowen dropped their price target on Lockheed Martin from $670.00 to $600.00 and set a “hold” rating on the stock in a research report on Friday, April 24th. Finally, Morgan Stanley cut their price target on Lockheed Martin from $675.00 to $653.00 and set an “equal weight” rating for the company in a report on Friday, April 24th. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, twelve have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $613.63.

Lockheed Martin Trading Up 4.4%

The firm has a market capitalization of $125.60 billion, a price-to-earnings ratio of 26.38, a P/E/G ratio of 0.92 and a beta of 0.11. The business has a 50-day moving average of $521.25 and a two-hundred day moving average of $568.34. The company has a quick ratio of 0.94, a current ratio of 1.14 and a debt-to-equity ratio of 2.74.

Lockheed Martin (NYSE:LMT) last posted its quarterly earnings results on Thursday, April 23rd. The aerospace company reported $6.44 EPS for the quarter, missing the consensus estimate of $6.79 by ($0.35). Lockheed Martin had a net margin of 6.38% and a return on equity of 101.64%. The firm had revenue of $18.02 billion during the quarter, compared to analyst estimates of $18.38 billion. During the same period last year, the company earned $7.28 EPS. The company’s revenue was up .3% on a year-over-year basis. Lockheed Martin has set its FY 2026 guidance at 29.350-30.250 EPS. Research analysts predict that Lockheed Martin Corporation will post 29.88 EPS for the current fiscal year.

Lockheed Martin Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Monday, June 1st were paid a $3.45 dividend. This represents a $13.80 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date was Monday, June 1st. Lockheed Martin’s dividend payout ratio is presently 66.83%.

Institutional Investors Weigh In On Lockheed Martin

A number of institutional investors have recently bought and sold shares of LMT. Basso Capital Management L.P. acquired a new position in shares of Lockheed Martin in the 4th quarter valued at $25,000. United Financial Planning Group LLC acquired a new position in shares of Lockheed Martin in the 3rd quarter worth approximately $25,000. Clarity Asset Management Inc. acquired a new position in shares of Lockheed Martin in the 4th quarter worth approximately $26,000. Triumph Capital Management lifted its position in shares of Lockheed Martin by 66.7% during the 4th quarter. Triumph Capital Management now owns 55 shares of the aerospace company’s stock worth $26,000 after buying an additional 22 shares during the period. Finally, Bard Associates Inc. bought a new position in shares of Lockheed Martin during the 4th quarter worth approximately $27,000. 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.