Lockheed Martin (NYSE:LMT) Upgraded by Wells Fargo & Company to “Hold” Rating

Lockheed Martin (NYSE:LMT) was upgraded by stock analysts at Wells Fargo & Company to a “hold” rating in a research note issued on Tuesday,Zacks.com reports.

A number of other research firms also recently issued reports on LMT. Deutsche Bank Aktiengesellschaft raised their price target on shares of Lockheed Martin from $492.00 to $611.00 and gave the stock a “hold” rating in a research report on Friday, January 30th. UBS Group increased their price objective on shares of Lockheed Martin from $580.00 to $663.00 and gave the stock a “neutral” rating in a research note on Monday, February 2nd. Wall Street Zen cut shares of Lockheed Martin from a “strong-buy” rating to a “buy” rating in a report on Sunday, March 22nd. Robert W. Baird lifted their target price on Lockheed Martin from $550.00 to $640.00 and gave the company an “outperform” rating in a research note on Friday, January 16th. Finally, BNP Paribas Exane increased their price target on Lockheed Martin from $550.00 to $570.00 and gave the stock an “outperform” rating in a research report on Thursday, January 8th. Seven equities research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $634.74.

Lockheed Martin Trading Up 2.4%

NYSE:LMT opened at $618.63 on Tuesday. The company has a market cap of $142.57 billion, a PE ratio of 28.79, a P/E/G ratio of 1.09 and a beta of 0.22. The business’s 50 day moving average is $634.97 and its two-hundred day moving average is $540.22. 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 has a 52 week low of $410.11 and a 52 week high of $692.00.

Lockheed Martin (NYSE:LMT) last issued its quarterly earnings results on Thursday, January 29th. The aerospace company reported $5.80 earnings per share for the quarter, missing analysts’ consensus estimates 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 the consensus estimate of $19.84 billion. During the same quarter last year, the firm posted $7.67 earnings per share. Lockheed Martin’s revenue was up 9.1% compared to the same quarter last year. On average, analysts predict that Lockheed Martin will post 27.15 EPS for the current year.

Institutional Investors Weigh In On Lockheed Martin

Large investors have recently made changes to their positions in the company. Basso Capital Management L.P. bought a new position in Lockheed Martin in the 4th quarter worth approximately $25,000. United Financial Planning Group LLC bought a new stake in Lockheed Martin during the 3rd quarter valued at $25,000. Clarity Asset Management Inc. bought a new stake in Lockheed Martin during the 4th quarter valued at $26,000. Triumph Capital Management boosted its position in Lockheed Martin by 66.7% during the 4th quarter. Triumph Capital Management now owns 55 shares of the aerospace company’s stock worth $26,000 after acquiring an additional 22 shares during the period. Finally, Barnes Dennig Private Wealth Management LLC boosted its position in Lockheed Martin by 285.7% during the 3rd quarter. Barnes Dennig Private Wealth Management LLC now owns 54 shares of the aerospace company’s stock worth $27,000 after acquiring an additional 40 shares during the period. Institutional investors and hedge funds own 74.19% of the company’s stock.

Key Stories Impacting Lockheed Martin

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

• Positive Sentiment: Orion spacecraft built by Lockheed successfully launched on NASA’s Artemis II — a high‑visibility technical win that validates Lockheed’s role on crewed space programs and supports future NASA work and related revenue. Lockheed Martin-built Orion Spacecraft Sends Astronauts Moonward for the First Time in 53 Years
• Positive Sentiment: Pentagon announced a multi‑year framework that lifted defense names, with press reports calling out Boeing and Lockheed as beneficiaries — this signals continued defense spending tailwinds and contract visibility for prime contractors. Boeing Gains 5%, Lockheed Martin Up 2%: Defense Stocks Are Having a Moment as Pentagon Spending Accelerates
• Positive Sentiment: Lockheed opened a Rapid Fielding Center to speed prototyping and delivery — a strategic move to win accelerated government programs and shorten time‑to‑revenue for new systems. Lockheed Martin Opens Rapid Fielding Center, Accelerating Defense Innovation and Production
• Neutral Sentiment: Wells Fargo initiated coverage with an “equal weight” rating and $650 price target — adds institutional attention but is not a decisive bullish endorsement. Lockheed Martin (NYSE:LMT) Coverage Initiated by Analysts at Wells Fargo & Company
• Neutral Sentiment: Citigroup nudged its price target slightly higher to $675 while keeping a “neutral” rating — a marginal positive to PTs but no change in conviction. Citigroup adjusts price target on Lockheed Martin to 675 from 673, maintains neutral rating
• Neutral Sentiment: Lockheed scheduled a Q1 2026 earnings webcast for April 23 — a near‑term event that will provide updated guidance and execution detail investors should watch. Lockheed Martin Announces First-Quarter 2026 Earnings Results Webcast
• Negative Sentiment: Coverage flagged a potential “Artemis reset” and governance questions that could reshape NASA program roles — if NASA reduces Lockheed’s scope on Artemis or shifts architectures, future revenue from space programs could be at risk. Lockheed Martin Faces Artemis Reset And Governance Questions For Future Growth
• Negative Sentiment: Reports that the Air Force cut F‑35 orders roughly in half create near‑term pressure on program volumes and revenue timing for Lockheed’s largest fighter program. This remains a material downside risk to guidance if reductions persist. Lockheed Martin Hit As Pentagon Slashes Air Force’s F-35 Order In Half Amid Budget Cuts

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.