Lockheed Martin (NYSE:LMT – Free Report) had its price target increased by BNP Paribas Exane from $740.00 to $770.00 in a report issued on Tuesday,MarketScreener reports. The brokerage currently has an outperform rating on the aerospace company’s stock.
LMT has been the topic of several other reports. Wall Street Zen cut Lockheed Martin from a “strong-buy” rating to a “buy” rating in a research note on Sunday, March 22nd. The Goldman Sachs Group upped their price target on Lockheed Martin from $464.00 to $517.00 and gave the stock a “sell” rating in a research note on Monday, February 2nd. Robert W. Baird upped their price target on Lockheed Martin from $550.00 to $640.00 and gave the stock an “outperform” rating in a research note on Friday, January 16th. UBS Group increased their target price on Lockheed Martin from $580.00 to $663.00 and gave the stock a “neutral” rating in a research note on Monday, February 2nd. Finally, Susquehanna increased their target price on Lockheed Martin from $725.00 to $740.00 and gave the stock a “positive” rating in a research note on Wednesday, March 18th. Seven research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Lockheed Martin has an average rating of “Hold” and a consensus target price of $645.79.
View Our Latest Stock Report on LMT
Lockheed Martin Stock Down 0.1%
Lockheed Martin (NYSE:LMT – Get Free Report) last issued its quarterly earnings results on Thursday, January 29th. The aerospace company reported $5.80 earnings per share for the quarter, missing the consensus estimate of $6.33 by ($0.53). The firm had revenue of $20.32 billion during the quarter, compared to analysts’ expectations of $19.84 billion. Lockheed Martin had a return on equity of 108.53% and a net margin of 6.69%.Lockheed Martin’s revenue for the quarter was up 9.1% on a year-over-year basis. During the same period in the previous year, the company earned $7.67 earnings per share. As a group, equities research analysts forecast that Lockheed Martin will post 27.15 earnings per share for the current fiscal year.
Lockheed Martin Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Friday, March 27th. Stockholders of record on Monday, March 2nd were paid a $3.45 dividend. This represents a $13.80 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date of this dividend was Monday, March 2nd. Lockheed Martin’s dividend payout ratio is currently 64.22%.
Institutional Investors Weigh In On Lockheed Martin
Several institutional investors have recently modified their holdings of LMT. Brighton Jones LLC boosted its position in shares of 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 last quarter. Sivia Capital Partners LLC lifted its holdings in Lockheed Martin by 5.4% in the second quarter. Sivia Capital Partners LLC now owns 973 shares of the aerospace company’s stock valued at $451,000 after acquiring an additional 50 shares during the period. Schnieders Capital Management LLC. lifted its holdings in Lockheed Martin by 17.3% in the second 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 during the period. Gamco Investors INC. ET AL lifted its holdings in Lockheed Martin by 36.0% in the second 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 during the period. Finally, Gabelli Funds LLC lifted its holdings in Lockheed Martin by 5.9% in the second quarter. Gabelli Funds LLC now owns 14,278 shares of the aerospace company’s stock valued at $6,613,000 after acquiring an additional 800 shares during the period. 74.19% of the stock is owned by hedge funds and other institutional investors.
Key Lockheed Martin News
Here are the key news stories impacting Lockheed Martin this week:
- Positive Sentiment: Washington’s big defense budget proposals are a tailwind for Lockheed’s backlog and future sales, supporting longer-term revenue and program funding. Trump’s $2.2T proposed defense budget boosts Lockheed Martin’s outlook
- Positive Sentiment: Congressional/pentagon budget moves are accelerating priority weapons programs — analysts note a budget surge that could fast-track Lockheed’s AIM‑260 missile program, which would boost future missile revenue. Pentagon budget surge signals fast track for Lockheed’s AIM-260 missile program
- Positive Sentiment: Lockheed extended a long-standing supplier relationship via a new five-year contract with Exostar, reducing supplier risk and supporting program delivery. Exostar Wins New 5-Year Contract with Lockheed Martin for Supplier, Risk, and Compliance Management
- Positive Sentiment: Analyst moves show ongoing institutional interest—Jefferies raised its price target to $640 (hold) and other banks have nudged targets higher, signaling limited upside but continued confidence in fundamentals. Benzinga item on Jefferies price target raise
- Neutral Sentiment: Some analysts remain neutral even as they tweak targets (Citigroup moved its target to $675 while maintaining a Neutral rating), implying valuation limits despite sector tailwinds. Q1 Preview: Citigroup Remains Neutral on Lockheed Martin Corporation (LMT)
- Neutral Sentiment: Investment write-ups highlight Lockheed as a structural beneficiary of space and defense themes (Artemis II, long-term space revenue), but note valuation and execution risks. 2 Defense Stocks Worth Buying as Global Tensions Continue
- Negative Sentiment: Sector-wide risk: defense ETFs are down (~8%) since the Iran conflict began as investors await specific U.S. actions; that risk-off tone is pressuring LMT despite program tailwinds. Defense Stocks Fall. Why They Haven’t Had a Iran War Surge and What Can Drive Gains.
- Negative Sentiment: Competitive setback: Lockheed didn’t advance in the Army’s flight‑school aircraft competition (Bell, M1 advanced), a near-term loss for potential program upside in that segment. Bell, M1 Move Onto Final Phase Of Army’s Flight School Next Competition, Lockheed Doesn’t Advance
- Negative Sentiment: Market reaction: aggregate media/analyst note flow and sector risk are contributing to LMT’s pullback from recent highs. Lockheed Martin (LMT) Stock Slides as Market Rises: Facts to Know Before You Trade
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.
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