Lockheed Martin (NYSE:LMT) Stock Price Up 1.1% - Still a Buy?

Key Points

• Shares rose about 1.1% to $518.21 on Monday with trading volume down ~23% from the average, after a prior close of $512.77.
• Analyst views are mixed—one Strong Buy, six Buy, thirteen Hold and one Sell—resulting in an average rating of 'Hold' and an average price target of $632.58, with recent targets ranging from Truist's $695 to RBC's $575.
• Earnings miss: Q1 EPS was $6.44 (vs. $6.79 expected) and revenue was slightly below consensus, though Lockheed set FY2026 EPS guidance of 29.35–30.25; the company also pays a $3.45 quarterly dividend (2.7% yield, ~66.8% payout ratio).

Lockheed Martin Corporation (NYSE:LMT - Get Free Report) rose 1.1% on Monday . The company traded as high as $524.50 and last traded at $518.2050. Approximately 1,368,123 shares were traded during trading, a decline of 23% from the average daily volume of 1,765,810 shares. The stock had previously closed at $512.77.

Analysts Set New Price Targets

LMT has been the topic of a number of recent analyst reports. Truist Financial lifted their price objective on shares of Lockheed Martin from $605.00 to $695.00 and gave the company a "buy" rating in a research note on Friday, January 30th. DZ Bank upgraded shares of Lockheed Martin from a "hold" rating to a "strong-buy" rating in a research note on Thursday. The Goldman Sachs Group lifted their price objective on shares of Lockheed Martin from $464.00 to $517.00 and gave the company a "sell" rating in a research note on Monday, February 2nd. Royal Bank Of Canada cut their price objective on shares of Lockheed Martin from $650.00 to $575.00 and set a "sector perform" rating on the stock in a research note on Friday, April 24th. Finally, Wall Street Zen cut Lockheed Martin from a "buy" rating to a "hold" rating in a report on Saturday, April 25th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Hold" and an average target price of $632.58.

Lockheed Martin Trading Up 1.1%

The company has a quick ratio of 0.94, a current ratio of 1.14 and a debt-to-equity ratio of 2.74. The firm's 50-day simple moving average is $617.05 and its 200 day simple moving average is $553.72. The stock has a market capitalization of $119.48 billion, a P/E ratio of 25.09, a PEG ratio of 0.93 and a beta of 0.10.

Lockheed Martin (NYSE:LMT - Get Free Report) last issued its quarterly 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 business had revenue of $18.02 billion during the quarter, compared to the consensus estimate of $18.38 billion. During the same quarter last year, the firm posted $7.28 earnings per share. Lockheed Martin's revenue was up .3% compared to the same quarter last year. Lockheed Martin has set its FY 2026 guidance at 29.350-30.250 EPS. Equities research analysts anticipate that Lockheed Martin Corporation will post 29.91 EPS for the current fiscal year.

Lockheed Martin Announces Dividend

The business also recently declared 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 of this dividend was Monday, March 2nd. This represents a $13.80 annualized dividend and a dividend yield of 2.7%. Lockheed Martin's dividend payout ratio is currently 66.83%.

Hedge Funds Weigh In On Lockheed Martin

A number of hedge funds have recently modified their holdings of LMT. Charles Schwab Investment Management Inc. grew its holdings in shares of Lockheed Martin by 1.3% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 8,638,936 shares of the aerospace company's stock worth $4,178,399,000 after acquiring an additional 114,900 shares during the last quarter. Morgan Stanley raised its holdings in Lockheed Martin by 10.1% during the 4th quarter. Morgan Stanley now owns 5,728,551 shares of the aerospace company's stock worth $2,770,729,000 after buying an additional 527,523 shares during the period. Wellington Management Group LLP raised its holdings in Lockheed Martin by 3.4% during the 3rd quarter. Wellington Management Group LLP now owns 2,384,753 shares of the aerospace company's stock worth $1,190,493,000 after buying an additional 79,491 shares during the period. Invesco Ltd. raised its holdings in Lockheed Martin by 4.2% during the 3rd quarter. Invesco Ltd. now owns 2,196,058 shares of the aerospace company's stock worth $1,096,294,000 after buying an additional 87,663 shares during the period. Finally, Franklin Resources Inc. raised its holdings in Lockheed Martin by 0.6% during the 4th quarter. Franklin Resources Inc. now owns 1,670,284 shares of the aerospace company's stock worth $807,866,000 after buying an additional 10,349 shares during the period. 74.19% of the stock is currently owned by institutional investors and hedge funds.

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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