Lockheed Martin (NYSE:LMT) Shares Down 1.9% - Here's Why

Key Points

• Shares fell 1.9% to $651.52 (as low as $646.20) on Tuesday, with trading volume about 16% below the average session level.
• Operationally, Lockheed won roughly $761 million in U.S. defense contracts and saw product/production expansions — including Sikorsky’s autonomous R66 TURBINETRUCK, ramped munitions output, and an upgraded S‑92A+ — which bolster backlog and addressable markets.
• The company missed EPS ($5.80 vs. $6.33) but topped revenue at $20.32 billion (+9.1% YoY); Wall Street’s consensus is a "Hold" with an average target of about $618.95, and Lockheed declared a quarterly dividend of $3.45 (≈2.1% yield).

Lockheed Martin Corporation (NYSE:LMT - Get Free Report) shares fell 1.9% on Tuesday . The company traded as low as $646.20 and last traded at $651.52. 1,650,208 shares were traded during trading, a decline of 16% from the average session volume of 1,957,147 shares. The stock had previously closed at $664.15.

Trending Headlines about Lockheed Martin

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

• Positive Sentiment: Sikorsky (a Lockheed unit) and Robinson unveiled the autonomous R66 TURBINETRUCK cargo helicopter, integrating Sikorsky’s MATRIX autonomy for rapid military resupply and commercial logistics — a product expansion that increases Lockheed’s addressable unmanned logistics market and showcases tech leadership. Sikorsky Collaborates with Robinson Helicopter Company to Integrate MATRIX™ Autonomy into Robinson R66 TURBINETRUCK
• Positive Sentiment: Lockheed won roughly $761 million in U.S. defense contracts, directly adding to backlog and near‑term revenue visibility. Lockheed Martin wins $761 million in U.S. defense contracts
• Positive Sentiment: Management is ramping munitions output to meet conflict-driven demand, expanding production capacity across key weapon lines — a revenue tailwind if sustained. Lockheed Martin Ramps Munitions Output As Conflict Driven Demand Shapes Outlook
• Positive Sentiment: Sikorsky is rolling out an upgraded S-92A+ with rising global demand and contract renewals for operators, supporting helicopter segment growth. Lockheed Martin (LMT) Rolls Out Upgraded S-92A+ as Global Demand Picks Up
• Positive Sentiment: An analyst price target lift to $735 signals continued institutional optimism about longer‑term upside. Lockheed Martin NYSE: LMT Price Target Raised to $735.00
• Neutral Sentiment: Sector ETF commentary suggests defense names can keep rallying as conflict persists, which supports LMT exposure but is driven by macro geopolitics rather than company-specific catalysts. Why This Defense ETF Could Keep Rallying as the Iran Conflict Escalates (LMT)
• Neutral Sentiment: Analyst writeups (Zacks) highlight LMT as a long‑term value/momentum pick — supportive for buy-and-hold investors but not necessarily a near-term catalyst. Why Lockheed Martin (LMT) is a Top Value Stock for the Long-Term
• Neutral Sentiment: Supplier news: AMI Metals won large government contracts including work that supplies aluminum plate for multiple Lockheed platforms — relevant to the supply chain but indirect for LMT earnings. Reliance, Inc. Subsidiary AMI Metals, Inc. Awarded Significant Government Infrastructure and Defense Projects
• Negative Sentiment: Barron’s highlights that the Iran conflict hasn’t broadly boosted defense stocks — signaling investor rotation/profit‑taking that likely pressures LMT despite company wins. Defense Stocks Are Down. Why the Iran War Hasn't Given Them a Lift.
• Negative Sentiment: Some market commentary (Seeking Alpha) argues much of Lockheed’s upside may already be priced in, limiting near‑term upside and encouraging short‑term profit taking. Lockheed Martin: The Upside Is Already Priced In

Wall Street Analyst Weigh In

A number of analysts have commented on the company. Truist Financial lifted their price target on Lockheed Martin from $605.00 to $695.00 and gave the stock a "buy" rating in a research report on Friday, January 30th. UBS Group increased their price objective on Lockheed Martin from $580.00 to $663.00 and gave the company a "neutral" rating in a report on Monday, February 2nd. Jefferies Financial Group raised their price objective on Lockheed Martin from $540.00 to $630.00 and gave the stock a "hold" rating in a research note on Sunday, February 1st. Morgan Stanley set a $675.00 target price on Lockheed Martin in a research report on Wednesday, February 4th. Finally, JPMorgan Chase & Co. increased their price target on shares of Lockheed Martin from $515.00 to $680.00 and gave the stock a "neutral" rating in a report on Friday, January 30th. Six analysts have rated the stock with a Buy rating, fifteen have issued a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average price target of $618.95.

Lockheed Martin Stock Down 1.9%

The stock has a market cap of $149.90 billion, a PE ratio of 30.32, a P/E/G ratio of 1.21 and a beta of 0.22. The business has a 50 day moving average price of $603.57 and a 200 day moving average price of $520.19. The company has a quick ratio of 0.94, a current ratio of 1.09 and a debt-to-equity ratio of 3.05.

Lockheed Martin (NYSE:LMT - Get Free Report) last issued its quarterly earnings data on Thursday, January 29th. The aerospace company reported $5.80 EPS for the quarter, missing analysts' consensus estimates of $6.33 by ($0.53). Lockheed Martin had a return on equity of 108.53% and a net margin of 6.69%.The firm had revenue of $20.32 billion for the quarter, compared to analyst estimates of $19.84 billion. During the same period in the previous year, the business earned $7.67 EPS. Lockheed Martin's revenue for the quarter was up 9.1% compared to the same quarter last year. Equities research analysts expect that Lockheed Martin Corporation will post 27.15 EPS for the current fiscal year.

Lockheed Martin Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 27th. Shareholders of record on Monday, March 2nd will be issued a $3.45 dividend. The ex-dividend date of this dividend is Monday, March 2nd. This represents a $13.80 dividend on an annualized basis and a yield of 2.1%. Lockheed Martin's payout ratio is presently 64.22%.

Institutional Investors Weigh In On Lockheed Martin

Several hedge funds have recently modified their holdings of the company. PeakShares LLC purchased a new position in Lockheed Martin during the fourth quarter worth approximately $242,000. Corient Private Wealth LLC increased its position in shares of Lockheed Martin by 5.2% in the fourth quarter. Corient Private Wealth LLC now owns 194,326 shares of the aerospace company's stock valued at $94,064,000 after buying an additional 9,585 shares in the last quarter. Union Savings Bank acquired a new position in shares of Lockheed Martin during the 4th quarter worth approximately $845,000. Redwood Family Wealth LLC purchased a new position in shares of Lockheed Martin during the 4th quarter valued at approximately $441,000. Finally, Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new position in shares of Lockheed Martin during the 4th quarter valued at approximately $73,000. 74.19% of the stock is owned by hedge funds and other institutional investors.

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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