Lockheed Martin (NYSE:LMT) Stock Price Down 1.1% - Time to Sell?

Key Points

• Lockheed Martin shares fell 1.1% in Friday trading, with volume running below average as the stock slipped to around $506.79 after closing at $512.41 the previous day.
• The main pressure on the stock is its latest earnings miss: Lockheed reported $6.44 EPS and $18.02 billion in revenue, both below analyst expectations, which helped trigger the selloff.
• Despite the weak quarter, analysts remain mixed rather than sharply bearish, with J.P. Morgan keeping a Hold rating and the broader consensus still at Hold with an average price target of $628.63.

Lockheed Martin Corporation (NYSE:LMT - Get Free Report) shares dropped 1.1% during mid-day trading on Friday . The company traded as low as $504.50 and last traded at $506.7920. Approximately 1,291,214 shares were traded during trading, a decline of 27% from the average daily volume of 1,757,203 shares. The stock had previously closed at $512.41.

More Lockheed Martin News

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

• Positive Sentiment: Geopolitical tension and a large new weapons package approved for Middle East allies are reinforcing long-term demand for defense systems, which could support Lockheed Martin’s backlog and revenue outlook. Rubio Approves $25.8 Billion in Weapons Push for Mideast Nations
• Positive Sentiment: Some market commentary argues the post-earnings selloff may have pushed Lockheed Martin into oversold territory, suggesting the weak quarter could be a one-off rather than a sign of a structural slowdown. Why Lockheed Martin's Earnings Miss Could Be a Blessing in Disguise
• Neutral Sentiment: J.P. Morgan reaffirmed its Hold rating, and another note lowered its price target to $605, signaling caution but not a major deterioration in the long-term thesis. J.P. Morgan Sticks to Its Hold Rating for Lockheed Martin (LMT)
• Neutral Sentiment: Investor interest remains elevated, with recent articles highlighting Lockheed Martin as a closely watched value and defense stock rather than introducing a new company-specific catalyst. Is Trending Stock Lockheed Martin Corporation (LMT) a Buy Now?
• Negative Sentiment: The company’s latest earnings release missed on both top and bottom lines, which is the main fundamental reason investors are selling the stock. Why Lockheed Martin's Earnings Miss Could Be a Blessing in Disguise

Analyst Ratings Changes

LMT has been the topic of a number of analyst reports. Sanford C. Bernstein increased their price target on shares of Lockheed Martin from $654.00 to $661.00 and gave the company a "market perform" rating in a research report on Tuesday, April 21st. TD Cowen decreased their price objective on shares of Lockheed Martin from $670.00 to $600.00 and set a "hold" rating for the company in a report on Friday, April 24th. Argus upped their target price on shares of Lockheed Martin from $530.00 to $735.00 and gave the company a "buy" rating in a research note on Friday, March 6th. UBS Group increased their target price on shares of Lockheed Martin from $580.00 to $663.00 and gave the stock a "neutral" rating in a report on Monday, February 2nd. Finally, Royal Bank Of Canada decreased their price target on shares of Lockheed Martin from $650.00 to $575.00 and set a "sector perform" rating for the company in a report on Friday, April 24th. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and an average target price of $628.63.

Lockheed Martin Price Performance

The company has a debt-to-equity ratio of 2.74, a quick ratio of 0.94 and a current ratio of 1.14. The company has a 50-day moving average of $608.10 and a 200-day moving average of $554.07. The firm has a market capitalization of $116.85 billion, a price-to-earnings ratio of 24.54, a price-to-earnings-growth ratio of 0.93 and a beta of 0.10.

Lockheed Martin (NYSE:LMT - Get Free Report) last announced its 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 return on equity of 101.64% and a net margin of 6.38%.The company had revenue of $18.02 billion for the quarter, compared to analyst estimates of $18.38 billion. During the same quarter last year, the business posted $7.28 earnings per share. The business's quarterly revenue was up .3% on a year-over-year basis. Lockheed Martin has set its FY 2026 guidance at 29.350-30.250 EPS. As a group, research analysts anticipate that Lockheed Martin Corporation will post 29.88 EPS for the current fiscal year.

Institutional Investors Weigh In On Lockheed Martin

Several institutional investors have recently added to or reduced their stakes in LMT. Basso Capital Management L.P. bought a new stake in shares of Lockheed Martin in the fourth quarter valued at about $25,000. United Financial Planning Group LLC bought a new position in shares of Lockheed Martin during the third quarter worth about $25,000. Clarity Asset Management Inc. acquired a new stake in Lockheed Martin in the 4th quarter valued at approximately $26,000. Triumph Capital Management lifted its stake in Lockheed Martin by 66.7% in the 4th quarter. Triumph Capital Management now owns 55 shares of the aerospace company's stock valued at $26,000 after acquiring an additional 22 shares in the last quarter. Finally, Barnes Dennig Private Wealth Management LLC lifted its stake in 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 valued at $27,000 after acquiring an additional 40 shares in the last quarter. 74.19% of the stock is owned by 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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