Lockheed Martin (NYSE:LMT) Downgraded to “Hold” Rating by DZ Bank

Lockheed Martin (NYSE:LMT) was downgraded by analysts at DZ Bank from a “buy” rating to a “hold” rating in a research note issued to investors on Tuesday, Marketbeat.com reports. They currently have a $665.00 price objective on the aerospace company’s stock. DZ Bank’s target price would indicate a potential upside of 4.62% from the stock’s current price.

Several other equities analysts have also recently weighed in on the stock. Sanford C. Bernstein reaffirmed a “market perform” rating and set a $586.00 price target on shares of Lockheed Martin in a research note on Monday, January 12th. Royal Bank Of Canada raised their target price on shares of Lockheed Martin from $615.00 to $650.00 and gave the company a “sector perform” rating in a research report on Friday. Jefferies Financial Group boosted their price target on shares of Lockheed Martin from $540.00 to $630.00 and gave the stock a “hold” rating in a research report on Sunday. BNP Paribas Exane increased their price objective on shares of Lockheed Martin from $550.00 to $570.00 and gave the stock an “outperform” rating in a research note on Thursday, January 8th. Finally, Morgan Stanley restated an “equal weight” rating and issued a $543.00 price objective (down previously from $630.00) on shares of Lockheed Martin in a report on Tuesday, December 16th. Five equities research analysts have rated the stock with a Buy rating, fifteen have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $596.89.

Lockheed Martin Price Performance

LMT stock opened at $635.66 on Tuesday. The stock has a 50-day moving average price of $513.37 and a two-hundred day moving average price of $482.11. Lockheed Martin has a 1 year low of $410.11 and a 1 year high of $645.67. The stock has a market cap of $146.25 billion, a PE ratio of 29.58, a price-to-earnings-growth ratio of 1.81 and a beta of 0.23. The company has a current ratio of 1.09, a quick ratio of 0.94 and a debt-to-equity ratio of 3.05.

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

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. Vanguard Group Inc. raised its holdings in Lockheed Martin by 1.0% in the 2nd quarter. Vanguard Group Inc. now owns 21,697,527 shares of the aerospace company’s stock valued at $10,048,993,000 after acquiring an additional 214,565 shares in the last quarter. Geode Capital Management LLC raised its position in Lockheed Martin by 0.4% during the second quarter. Geode Capital Management LLC now owns 4,884,954 shares of the aerospace company’s stock valued at $2,256,147,000 after purchasing an additional 19,459 shares in the last quarter. Wellington Management Group LLP increased its stake in shares of Lockheed Martin by 3.4% in the 3rd quarter. Wellington Management Group LLP now owns 2,384,753 shares of the aerospace company’s stock valued at $1,190,493,000 after purchasing an additional 79,491 shares during the last quarter. Invesco Ltd. boosted its stake in Lockheed Martin by 4.2% in the third quarter. Invesco Ltd. now owns 2,196,058 shares of the aerospace company’s stock valued at $1,096,294,000 after buying an additional 87,663 shares in the last quarter. Finally, Legal & General Group Plc lifted its holdings in shares of Lockheed Martin by 6.6% in the third quarter. Legal & General Group Plc now owns 1,022,940 shares of the aerospace company’s stock worth $510,662,000 after acquiring an additional 63,430 shares during the last quarter. 74.19% of the stock is currently owned by institutional investors.

Trending Headlines about Lockheed Martin

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

• Positive Sentiment: Multiple firms raised price targets on LMT this morning (examples include $695, $680, $670, $650 and $611), signaling higher analyst valuation bands that can support buying interest. Lockheed Martin (NYSE:LMT) Price Target Raised to $695.00
• Positive Sentiment: Short interest fell ~14.8% in January, which reduces immediate short-covering pressure and can be bullish for the share base. Lockheed Martin Corporation (NYSE:LMT) Short Interest Down 14.8% in January
• Positive Sentiment: Lockheed completed the first operational test phase for its A4 radar — a program milestone that de-risks future production and potential contract awards. Lockheed Martin Completes First Operational Test Phase For A4 Radar
• Positive Sentiment: RBC Capital issued a Buy on LMT (reported via press coverage), adding institutional endorsement that can attract flows. Lockheed Martin (LMT) Gets a Buy from RBC Capital
• Positive Sentiment: A bullish thesis piece circulating among retail/idea platforms highlights valuation and secular defense demand as supportive arguments for upside. Lockheed Martin Corporation (LMT): A Bull Case Theory
• Neutral Sentiment: UBS maintained a Hold with a $663 target; the stance is not a downgrade but keeps expectations measured. Lockheed Martin: Segment Growth and Cash Flow Strength Offset by Pension Normalization and Delayed FCF Inflection, Supporting Neutral (Hold) Rating
• Neutral Sentiment: Coverage and retail interest (Zacks/trending stories) are drawing attention but do not by themselves change fundamentals. Here is What to Know Beyond Why Lockheed Martin Corporation (LMT) is a Trending Stock
• Neutral Sentiment: Press summaries note analysts remain broadly neutral across some industrial names, keeping mixed guidance in play. Analysts Are Neutral on These Industrial Goods Stocks: CSW Industrials (CSW), Lockheed Martin (LMT)
• Negative Sentiment: Analyst notes flag pension normalization and delayed free-cash-flow inflection as headwinds that could cap multiple expansion and near-term cash generation. Lockheed Martin: Segment Growth and Cash Flow Strength Offset by Pension Normalization and Delayed FCF Inflection, Supporting Neutral (Hold) Rating

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.