Lockheed Martin (NYSE:LMT) Stock Price Down 1.9% – Should You Sell?

Lockheed Martin Corporation (NYSE:LMT)’s stock price traded down 1.9% during trading on Friday . The stock traded as low as $613.66 and last traded at $615.5070. 1,059,668 shares traded hands during trading, a decline of 44% from the average session volume of 1,889,904 shares. The stock had previously closed at $627.33.

Key Stories Impacting Lockheed Martin

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

• Positive Sentiment: Long-term fundamentals cited: consistent 30+ year dividend, Q4 2025 sales growth of ~6% and management expecting similar 2026 growth — supports buy-and-hold thesis amid sector tailwinds. Should You Buy Lockheed Martin While It’s Up 26% in 2026?
• Positive Sentiment: Major missile contract/newsflow continues to drive revenue visibility for munitions and strike programs, reinforcing the defense-revenue growth narrative. Lockheed Martin signs major missile deal as investors watch stock signals
• Positive Sentiment: Strategic supply-chain shift into domestic rare-earth partnerships to comply with upcoming procurement rules reduces China exposure and supports production scaling for Precision Strike Missile and other programs. Lockheed Martin Rare Earth Shift Tests Defense Growth And Valuation Story
• Positive Sentiment: Investment in rapid fielding and responsive space capabilities (new rapid fielding center; partnership activity in U.S. Space Force exercises) signals faster prototype-to-production ramp potential and wins in space/responsive-launch programs. Lockheed Martin Reveals Rapid Fielding Center As Step Between Prototype And Full Production
• Neutral Sentiment: Market positioning piece: LMT appears on lists of low‑beta, dividend stocks for volatile markets — useful for risk-averse investors but not a catalyst by itself. Top Low-Beta Dividend Stocks For Volatile Markets
• Neutral Sentiment: Analysts/commentators highlight defense as a defensive sector amid the Iran conflict; this supports interest but increases sensitivity to geopolitical newsflow. Get ‘defensive’ with consumer staple stocks as Iran war drags
• Negative Sentiment: Labor risk: contract negotiations have begun with workers building the F‑35 — any protracted talks or disruptions could pressure production cadence and near-term delivery schedules. Lockheed Martin, Workers Building F-35, Begin Contract Negotiations
• Negative Sentiment: Market commentary is mixed — high-profile pundits have both recommended LMT and warned its defense premium is sensitive to the duration of the Iran conflict, which can amplify short-term swings. Jim Cramer Says “If the War’s Over, We’re Not Going to Want to Own Lockheed”
• Negative Sentiment: Earlier quarterly results showed an EPS miss (Q4) vs. consensus, which keeps valuation under scrutiny despite revenue growth — a reminder investors are paying for both current wins and predictable earnings.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on LMT shares. Citigroup raised their price objective on Lockheed Martin from $592.00 to $673.00 and gave the company a “neutral” rating in a report on Thursday, February 5th. Sanford C. Bernstein reissued a “market perform” rating and set a $654.00 price target on shares of Lockheed Martin in a research report on Friday, February 6th. The Goldman Sachs Group raised their price target on Lockheed Martin from $464.00 to $517.00 and gave the company a “sell” rating in a research note on Monday, February 2nd. Argus boosted their price target on Lockheed Martin from $530.00 to $735.00 and gave the stock a “buy” rating in a research report on Friday, March 6th. Finally, BNP Paribas Exane upped their price objective on Lockheed Martin from $550.00 to $570.00 and gave the stock an “outperform” rating in a research note on Thursday, January 8th. Seven investment analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $623.16.

Lockheed Martin Stock Down 1.9%

The company has a current ratio of 1.09, a quick ratio of 0.94 and a debt-to-equity ratio of 3.05. The firm’s 50 day moving average price is $633.43 and its two-hundred day moving average price is $537.32. The company has a market capitalization of $141.62 billion, a price-to-earnings ratio of 28.64, a price-to-earnings-growth ratio of 1.11 and a beta of 0.22.

Lockheed Martin (NYSE:LMT) last issued its earnings results on Thursday, January 29th. The aerospace company reported $5.80 earnings per share (EPS) for the quarter, missing the consensus estimate of $6.33 by ($0.53). Lockheed Martin had a net margin of 6.69% and a return on equity of 108.53%. The firm had revenue of $20.32 billion during the quarter, compared to analyst estimates of $19.84 billion. During the same quarter last year, the business posted $7.67 earnings per share. The company’s revenue for the quarter was up 9.1% on a year-over-year basis. Sell-side analysts anticipate that Lockheed Martin Corporation will post 27.15 earnings per share for the current fiscal year.

Lockheed Martin Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 27th. Stockholders of record on Monday, March 2nd were given a $3.45 dividend. This represents a $13.80 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date of this dividend was Monday, March 2nd. Lockheed Martin’s dividend payout ratio (DPR) is presently 64.22%.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in LMT. J. Derek Lewis & Associates Inc. bought a new position in Lockheed Martin during the fourth quarter worth $203,000. Purpose Unlimited Inc. bought a new position in shares of Lockheed Martin in the fourth quarter valued at about $312,000. Rockefeller Capital Management L.P. raised its position in shares of Lockheed Martin by 10.5% in the fourth quarter. Rockefeller Capital Management L.P. now owns 121,521 shares of the aerospace company’s stock valued at $58,776,000 after purchasing an additional 11,573 shares during the period. World Investment Advisors lifted its stake in shares of Lockheed Martin by 54.7% during the 4th quarter. World Investment Advisors now owns 14,739 shares of the aerospace company’s stock worth $7,129,000 after buying an additional 5,214 shares during the last quarter. Finally, Nalls Sherbakoff Group LLC acquired a new stake in shares of Lockheed Martin during the 4th quarter worth about $318,000. 74.19% of the stock is owned by institutional investors and hedge funds.

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.