Lockheed Martin (NYSE:LMT) Trading Down 1.9% – Here’s Why

Lockheed Martin Corporation (NYSE:LMT) fell 1.9% on Thursday . The company traded as low as $515.55 and last traded at $517.7110. 978,270 shares were traded during mid-day trading, a decline of 39% from the average session volume of 1,603,676 shares. The stock had previously closed at $527.96.

Key Headlines Impacting Lockheed Martin

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

• Positive Sentiment: Lockheed Martin won more than $607 million in new U.S. defense contracts, including work tied to Apache sustainment and Air Force GPS upgrades, which adds to its already massive $194 billion backlog. Lockheed Martin wins two U.S. defense contracts worth over $607M
• Positive Sentiment: Rising geopolitical tensions and renewed Iran war fears lifted defense stocks, including LMT, as investors rotated into contractors with strong exposure to missile systems and military spending. Northrup, Lockheed, Other Defense Stocks Rise as Trump Sparks Iran War Fears
• Positive Sentiment: Goldman Sachs won the mandate to manage a combined $70 billion in retirement assets for Verizon and Lockheed Martin, reinforcing Lockheed’s scale and financial flexibility. Goldman Sachs wins $70 billion in asset management deals with Verizon, Lockheed Martin
• Neutral Sentiment: Analyst commentary continues to highlight Lockheed’s defense “moat” and long-term backlog, but also notes first-quarter margin compression and the need for a strong July 23 earnings report to reassure investors. Lockheed Martin Secures the Ultimate Defense Moat
• Neutral Sentiment: Upcoming second-quarter results are expected to be a key catalyst, with investors watching to see whether backlog conversion and the Ultra Maritime acquisition help improve margins and earnings momentum. Lockheed Martin: The Proposed 2027 Defense Budget Makes The Bull Case Hard To Ignore
• Negative Sentiment: Despite strong contract flow, Lockheed’s recent quarter showed margin pressure and an earnings miss, which has kept investors focused on execution risk rather than just backlog growth. Lockheed Martin Secures the Ultimate Defense Moat

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on LMT shares. Sanford C. Bernstein reissued a “market perform” rating on shares of Lockheed Martin in a research note on Friday, May 29th. Royal Bank Of Canada cut their price target 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. Bank of America reduced their price target on shares of Lockheed Martin from $660.00 to $600.00 and set a “neutral” rating on the stock in a research report on Friday, April 24th. Deutsche Bank Aktiengesellschaft lowered their price objective on shares of Lockheed Martin from $615.00 to $575.00 and set a “hold” rating for the company in a research note on Friday, April 24th. Finally, Weiss Ratings cut shares of Lockheed Martin from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, June 9th. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $609.68.

Lockheed Martin Stock Down 1.9%

The company has a debt-to-equity ratio of 2.74, a quick ratio of 0.94 and a current ratio of 1.14. The company has a market cap of $119.36 billion, a price-to-earnings ratio of 25.07, a price-to-earnings-growth ratio of 0.97 and a beta of 0.11. The business has a 50-day simple moving average of $521.34 and a 200-day simple moving average of $570.48.

Lockheed Martin (NYSE:LMT) last announced its quarterly earnings data on Thursday, April 23rd. The aerospace company reported $6.44 EPS for the quarter, missing analysts’ consensus estimates of $6.79 by ($0.35). Lockheed Martin had a return on equity of 101.64% and a net margin of 6.38%.The company had revenue of $18.02 billion for the quarter, compared to analyst estimates of $18.38 billion. During the same period in the prior year, the firm posted $7.28 earnings per share. The business’s quarterly 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. On average, equities analysts anticipate that Lockheed Martin Corporation will post 29.93 earnings per share for the current fiscal year.

Lockheed Martin Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Monday, June 1st were issued a dividend of $3.45 per share. This represents a $13.80 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date of this dividend was Monday, June 1st. Lockheed Martin’s payout ratio is 66.83%.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. Diamant Asset Management Inc. lifted its stake in Lockheed Martin by 60,339.0% during the first quarter. Diamant Asset Management Inc. now owns 879,387 shares of the aerospace company’s stock worth $531,493,000 after purchasing an additional 877,932 shares during the last quarter. AQR Capital Management LLC increased its stake in Lockheed Martin by 107.3% in the fourth quarter. AQR Capital Management LLC now owns 1,293,823 shares of the aerospace company’s stock valued at $625,784,000 after purchasing an additional 669,604 shares during the period. Morgan Stanley increased its stake in Lockheed Martin by 10.1% in the fourth quarter. Morgan Stanley now owns 5,728,551 shares of the aerospace company’s stock valued at $2,770,729,000 after purchasing an additional 527,523 shares during the period. Sanders Capital LLC purchased a new stake in shares of Lockheed Martin in the third quarter valued at about $252,699,000. Finally, Janus Henderson Group PLC raised its holdings in shares of Lockheed Martin by 3,497.5% in the first quarter. Janus Henderson Group PLC now owns 451,276 shares of the aerospace company’s stock valued at $272,746,000 after buying an additional 438,732 shares during the last quarter. Hedge funds and other institutional investors own 74.19% of the company’s stock.

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.