Lockheed Martin (NYSE:LMT) Upgraded at Rothschild & Co Redburn

Key Points

• Rothschild & Co Redburn upgraded Lockheed Martin to “strong buy,” while the broader analyst consensus remains “Moderate Buy” with an average price target of $638.21.
• Lockheed Martin reported quarterly earnings of $7.94 per share, beating estimates of $7.22, while revenue rose 10.5% year over year to $20.06 billion.
• The stock traded at $510.25, roughly 26% below its 52-week high, amid concerns about elevated debt and execution risks, despite new defense contracts and continued institutional ownership of 74.19%.

Lockheed Martin (NYSE:LMT - Get Free Report) was upgraded by analysts at Rothschild & Co Redburn to a "strong-buy" rating in a research report issued on Tuesday, Zacks reports.

A number of other research analysts also recently weighed in on the company. Royal Bank Of Canada raised their price objective on Lockheed Martin from $575.00 to $600.00 and gave the company a "sector perform" rating in a research note on Friday, July 24th. Morgan Stanley increased their price target on Lockheed Martin from $653.00 to $690.00 and gave the company an "equal weight" rating in a report on Friday, July 24th. Wells Fargo & Company set a $600.00 price target on shares of Lockheed Martin in a research report on Monday, July 27th. Wall Street Zen upgraded shares of Lockheed Martin from a "buy" rating to a "strong-buy" rating in a research note on Sunday, September 20th. Finally, TD Cowen reduced their price objective on shares of Lockheed Martin from $600.00 to $560.00 and set a "hold" rating for the company in a research note on Monday, July 13th. Two equities research analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Lockheed Martin currently has a consensus rating of "Moderate Buy" and an average target price of $638.21.

Lockheed Martin Trading Up 0.7%

NYSE:LMT opened at $510.25 on Tuesday. The company has a market capitalization of $117.76 billion, a P/E ratio of 18.81, a P/E/G ratio of 1.10 and a beta of 0.09. The stock's 50 day moving average price is $552.10 and its 200 day moving average price is $549.20. The company has a debt-to-equity ratio of 2.34, a quick ratio of 1.01 and a current ratio of 1.19. Lockheed Martin has a 52 week low of $437.25 and a 52 week high of $692.00.

Lockheed Martin (NYSE:LMT - Get Free Report) last posted its earnings results on Thursday, July 23rd. The aerospace company reported $7.94 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $7.22 by $0.72. The firm had revenue of $20.06 billion during the quarter, compared to analysts' expectations of $19.34 billion. Lockheed Martin had a net margin of 8.16% and a return on equity of 91.42%. The company's revenue was up 10.5% compared to the same quarter last year. During the same period in the previous year, the company earned $1.46 earnings per share. Lockheed Martin has set its FY 2026 guidance at 29.950-30.650 EPS. On average, research analysts forecast that Lockheed Martin will post 30.44 EPS for the current fiscal year.

Institutional Trading of Lockheed Martin

Several institutional investors have recently modified their holdings of the company. Basso Capital Management L.P. acquired a new position in Lockheed Martin in the fourth quarter valued at about $25,000. Burnham & Co LLC acquired a new position in Lockheed Martin in the second quarter worth $25,000. Clarity Asset Management Inc. acquired a new position in Lockheed Martin in the fourth quarter worth $26,000. Field & Main Bank bought a new stake in shares of Lockheed Martin during the second quarter worth $26,000. Finally, Bard Associates Inc. bought a new stake in shares of Lockheed Martin during the fourth quarter worth $27,000. Institutional investors and hedge funds own 74.19% of the company's stock.

Trending Headlines about Lockheed Martin

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

• Positive Sentiment: Lockheed Martin received a $209 million Navy electronic-warfare contract modification, with options that could raise the total value to approximately $1.71 billion. The award supports growth expectations as the Navy modernizes its fleet and demand for electronic-warfare capabilities increases. Lockheed Martin Awarded $209 Million Navy Contract Modification
• Positive Sentiment: The company secured a $245 million modification for the second IRST Block II order, adding to its pipeline of sensor and defense-electronics work. Lockheed Martin Nabs $245 Million Mod For Second IRST Block II Order
• Positive Sentiment: Morocco’s F-16 Block 72 aircraft completed its first flight, marking progress on Lockheed Martin’s international fighter program and supporting future deliveries and related services. Lockheed Martin’s F-16 Block 72 for Morocco Completes First Flight
• Positive Sentiment: GM Defense delivered PAC-3 MSE interceptor components ahead of schedule, while Boeing received a seven-year framework to triple production of PAC-3 MSE seekers. The developments could help Lockheed Martin address strong missile-defense demand and expand production capacity. Boeing Receives Seven-Year Contract to Accelerate PAC-3 MSE Seeker Output
• Neutral Sentiment: Analysts are previewing third-quarter results and generally view the recent pullback as a potential buying opportunity. Lockheed Martin’s prior quarter beat estimates, while full-year 2026 guidance calls for approximately $29.95–$30.65 in earnings per share. Lockheed Martin Q3 Earnings Preview
• Negative Sentiment: Lockheed Martin has underperformed the S&P 500 and remains roughly 26% below its 52-week high. Coverage highlights elevated debt, program-execution risks and the possibility that much of the defense-spending outlook is already reflected in the valuation. Lockheed Martin Is Cheap and Lagging

About Lockheed Martin

Lockheed Martin Corporation is a global aerospace, defense and technology company headquartered in Bethesda, Maryland. The company develops and produces advanced systems for government and commercial customers, with the U.S. Department of Defense and other U.S. government agencies representing its primary customers.

Its principal activities include the design and manufacture of military aircraft, missiles, air and missile defense systems, radar and sensor technologies, naval and rotary-wing systems, satellites, space exploration systems, and cybersecurity and information technology solutions.

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