Lockheed Martin Corporation (NYSE:LMT) Receives Average Recommendation of "Hold" from Brokerages

Key Points

• Analysts give Lockheed Martin a consensus "Hold" rating (1 sell, 13 hold, 7 buy) from 21 analysts, with an average 1‑year target of about $632.58.
• In the latest quarter the company missed EPS at $6.44 vs. $6.79 expected and reported $18.02B revenue vs. $18.38B, and set FY2026 guidance of 29.35–30.25 EPS (street ~29.93).
• Lockheed pays a $3.45 quarterly dividend ($13.80 annual, ~2.7% yield) with a payout ratio ≈66.8%, and trades at a P/E of about 24.8 with a market cap near $118B.

Lockheed Martin Corporation (NYSE:LMT - Get Free Report) has been given a consensus recommendation of "Hold" by the twenty-one analysts that are covering the firm, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and seven have issued a buy rating on the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is $632.5789.

LMT has been the topic of a number of recent analyst reports. Sanford C. Bernstein boosted their price objective on shares of Lockheed Martin from $654.00 to $661.00 and gave the stock a "market perform" rating in a report on Tuesday, April 21st. Wall Street Zen lowered shares of Lockheed Martin from a "buy" rating to a "hold" rating in a report on Saturday. Deutsche Bank Aktiengesellschaft cut their price objective on shares of Lockheed Martin from $615.00 to $575.00 and set a "hold" rating on the stock in a report on Friday, April 24th. Bank of America cut their price objective on shares of Lockheed Martin from $660.00 to $600.00 and set a "neutral" rating on the stock in a report on Friday, April 24th. Finally, BNP Paribas Exane cut their price objective on shares of Lockheed Martin from $770.00 to $680.00 and set an "outperform" rating on the stock in a report on Friday, April 24th.

Lockheed Martin Stock Performance

NYSE:LMT opened at $512.30 on Wednesday. The company has a current ratio of 1.14, a quick ratio of 0.94 and a debt-to-equity ratio of 2.74. The firm has a market capitalization of $118.12 billion, a price-to-earnings ratio of 24.81, a PEG ratio of 0.93 and a beta of 0.23. The firm's fifty day simple moving average is $622.83 and its 200 day simple moving average is $553.59. Lockheed Martin has a twelve month low of $410.11 and a twelve month high of $692.00.

Lockheed Martin (NYSE:LMT - Get Free Report) last posted its earnings results on Thursday, April 23rd. The aerospace company reported $6.44 earnings per share for the quarter, missing the consensus estimate of $6.79 by ($0.35). The business had revenue of $18.02 billion for the quarter, compared to analyst estimates of $18.38 billion. Lockheed Martin had a net margin of 6.38% and a return on equity of 101.64%. The business's revenue was up .3% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $7.28 EPS. Lockheed Martin has set its FY 2026 guidance at 29.350-30.250 EPS. As a group, equities research analysts expect that Lockheed Martin will post 29.93 earnings per share for the current fiscal year.

Lockheed Martin Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 27th. Shareholders of record on Monday, March 2nd were issued a $3.45 dividend. The ex-dividend date was Monday, March 2nd. This represents a $13.80 dividend on an annualized basis and a yield of 2.7%. Lockheed Martin's payout ratio is currently 66.83%.

Hedge Funds Weigh In On Lockheed Martin

Institutional investors have recently added to or reduced their stakes in the company. Basso Capital Management L.P. acquired a new position in Lockheed Martin in the 4th quarter worth $25,000. United Financial Planning Group LLC bought a new stake in shares of Lockheed Martin in the 3rd quarter worth about $25,000. Clarity Asset Management Inc. bought a new stake in shares of Lockheed Martin in the 4th quarter worth about $26,000. Triumph Capital Management increased its position in shares of Lockheed Martin by 66.7% in the 4th quarter. Triumph Capital Management now owns 55 shares of the aerospace company's stock worth $26,000 after purchasing an additional 22 shares during the last quarter. Finally, Barnes Dennig Private Wealth Management LLC increased its position in shares of Lockheed Martin by 285.7% in the 3rd quarter. Barnes Dennig Private Wealth Management LLC now owns 54 shares of the aerospace company's stock worth $27,000 after purchasing an additional 40 shares during the last quarter. Institutional investors and hedge funds own 74.19% of the company's stock.

About Lockheed Martin

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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