Wall Street Zen Upgrades Lockheed Martin (NYSE:LMT) to Strong-Buy

Lockheed Martin (NYSE:LMT) was upgraded by research analysts at Wall Street Zen from a “buy” rating to a “strong-buy” rating in a research report issued on Sunday, Wall Street Zen reports.

Several other research firms have also recently weighed in on LMT. Morgan Stanley upped their price target on shares of Lockheed Martin from $653.00 to $690.00 and gave the company an “equal weight” rating in a report on Friday, July 24th. Robert W. Baird set a $700.00 price objective on shares of Lockheed Martin in a report on Friday, July 24th. Wells Fargo & Company set a $600.00 price objective on shares of Lockheed Martin in a research report on Monday, July 27th. Citigroup upped their target price on shares of Lockheed Martin from $641.00 to $691.00 and gave the stock a “buy” rating in a research note on Thursday, August 13th. Finally, Weiss Ratings upgraded Lockheed Martin from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, August 13th. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $637.56.

Lockheed Martin Trading Up 0.4%

NYSE:LMT opened at $535.29 on Friday. Lockheed Martin has a fifty-two week low of $437.25 and a fifty-two week high of $692.00. The company has a debt-to-equity ratio of 2.34, a current ratio of 1.19 and a quick ratio of 1.01. The stock has a market capitalization of $123.54 billion, a PE ratio of 19.73, a price-to-earnings-growth ratio of 1.16 and a beta of 0.10. The business’s 50-day simple moving average is $556.84 and its 200-day simple moving average is $559.90.

Lockheed Martin (NYSE:LMT) last posted its earnings results on Thursday, July 23rd. The aerospace company reported $7.94 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $7.22 by $0.72. The business had revenue of $20.06 billion during the quarter, compared to analysts’ expectations of $19.34 billion. Lockheed Martin had a return on equity of 91.42% and a net margin of 8.16%.Lockheed Martin’s revenue for the quarter was up 10.5% compared to the same quarter last year. During the same period in the prior year, the business earned $1.46 EPS. Lockheed Martin has set its FY 2026 guidance at 29.950-30.650 EPS. Sell-side analysts expect that Lockheed Martin will post 30.44 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in LMT. Silicon Valley Capital Partners grew its holdings in shares of Lockheed Martin by 2.6% in the 2nd quarter. Silicon Valley Capital Partners now owns 1,371 shares of the aerospace company’s stock valued at $699,000 after acquiring an additional 35 shares in the last quarter. Wellington Altus USA Inc. bought a new stake in Lockheed Martin during the second quarter worth about $199,000. U S Wealth Group LLC. raised its holdings in Lockheed Martin by 14.8% during the second quarter. U S Wealth Group LLC. now owns 7,555 shares of the aerospace company’s stock worth $3,849,000 after acquiring an additional 973 shares in the last quarter. Junto Capital Management LP boosted its position in Lockheed Martin by 17.7% during the second quarter. Junto Capital Management LP now owns 88,117 shares of the aerospace company’s stock valued at $44,892,000 after purchasing an additional 13,255 shares during the last quarter. Finally, Miramontes Capital LLC boosted its position in Lockheed Martin by 5.4% during the second quarter. Miramontes Capital LLC now owns 3,486 shares of the aerospace company’s stock valued at $1,776,000 after purchasing an additional 178 shares during the last quarter. Institutional investors and hedge funds own 74.19% of the company’s stock.

Key Headlines Impacting Lockheed Martin

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

• Positive Sentiment: The U.S. Army awarded Lockheed Martin an indefinite-delivery, indefinite-quantity contract worth up to $1.2 billion to produce the Precision Strike Missile (PrSM) Increment 2. A second flight test demonstrated the missile’s ability to engage moving maritime targets, expanding its potential battlefield applications and supporting future order growth. The contract’s maximum value is not guaranteed revenue, but it strengthens LMT’s backlog and position in long-range precision weapons. Reuters article
• Positive Sentiment: General Motors’ defense unit is supplying Lockheed with Patriot missile components, creating a new industrial partnership that could improve production capacity and support additional defense contracts. General Motors boosts defense prospects with Lockheed partnership
• Positive Sentiment: Analyst commentary pointed to sustained demand from ballistic-missile modernization, including upgrades to the Trident II system. LMT’s large backlog, shareholder distributions and exposure to strategic defense programs remain supportive for long-term investors. Zacks ballistic missile demand analysis
• Neutral Sentiment: Lockheed-funded improvements to the White House heliport generated publicity and a public thank-you from President Trump, but the event has little direct impact on earnings or valuation. Trump thanks Lockheed Martin CEO
• Negative Sentiment: A report said the U.S. House is examining the diversion of F-35 components shipped from Australia to the United States. Any inquiry could create compliance, supply-chain or reputational concerns, although the available report did not indicate a confirmed financial penalty. F-35 parts diversion report
• Negative Sentiment: Lockheed is reportedly building five stealth drones despite the Air Force not currently seeking the aircraft, raising concerns about speculative development spending and the risk of limited customer demand. Air Force stealth drone report

Lockheed Martin Company Profile

Lockheed Martin Corporation is a global aerospace, defense and technology company that develops and produces systems for government and commercial customers, with the U.S. Department of Defense serving as its largest customer. Its principal business areas include Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space.

The company’s products and services include military aircraft such as the F-35 Lightning II, F-16 and C-130; air and missile defense systems; precision weapons; helicopters and maritime systems; radar, sensors and command-and-control technologies; satellites; space exploration systems; and missile-warning and strategic defense capabilities.

Lockheed Martin was created in 1995 through the merger of Lockheed Corporation and Martin Marietta.