Lockheed Martin (NYSE:LMT) Releases FY 2026 Earnings Guidance

Lockheed Martin (NYSE:LMT) updated its FY 2026 earnings guidance on Thursday. The company provided earnings per share guidance of 29.950-30.650 for the period, compared to the consensus earnings per share estimate of 29.890. The company issued revenue guidance of $79.8 billion-$81.8 billion, compared to the consensus revenue estimate of $79.1 billion.

Lockheed Martin Price Performance

Shares of LMT traded up $58.09 during mid-day trading on Thursday, hitting $572.45. The company’s stock had a trading volume of 709,810 shares, compared to its average volume of 1,552,351. The company has a current ratio of 1.14, a quick ratio of 0.94 and a debt-to-equity ratio of 2.74. Lockheed Martin has a 1-year low of $412.55 and a 1-year high of $692.00. The firm has a market capitalization of $131.98 billion, a P/E ratio of 27.75, a P/E/G ratio of 0.91 and a beta of 0.11. The firm has a 50-day simple moving average of $521.47 and a 200 day simple moving average of $572.63.

Lockheed Martin (NYSE:LMT) last announced its quarterly earnings results on Thursday, July 23rd. The aerospace company reported $7.94 EPS for the quarter, topping the consensus estimate of $7.19 by $0.75. Lockheed Martin had a return on equity of 101.64% and a net margin of 6.38%.The business had revenue of $20.06 billion for the quarter, compared to analyst estimates of $19.34 billion. During the same quarter in the previous year, the company earned $1.46 EPS. The company’s quarterly revenue was up 10.5% on a year-over-year basis. Lockheed Martin has set its FY 2026 guidance at 29.950-30.650 EPS. Analysts predict that Lockheed Martin will post 29.92 EPS for the current fiscal year.

Lockheed Martin Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, September 25th. Stockholders of record on Tuesday, September 1st will be paid a $3.45 dividend. The ex-dividend date is Tuesday, September 1st. This represents a $13.80 dividend on an annualized basis and a dividend yield of 2.4%. Lockheed Martin’s dividend payout ratio (DPR) is 66.83%.

Wall Street Analyst Weigh In

LMT has been the subject of several research analyst reports. JPMorgan Chase & Co. lowered their price objective on Lockheed Martin from $680.00 to $605.00 and set a “neutral” rating for the company in a report on Tuesday, May 5th. Susquehanna reduced their price objective on Lockheed Martin from $740.00 to $700.00 and set a “positive” rating for the company in a research report on Friday, April 24th. UBS Group cut their target price on Lockheed Martin from $683.00 to $538.00 in a research note on Tuesday, June 30th. Morgan Stanley dropped their price target on shares of Lockheed Martin from $675.00 to $653.00 and set an “equal weight” rating on the stock in a research note on Friday, April 24th. Finally, Jefferies Financial Group set a $575.00 price objective on Lockheed Martin in a report on Thursday, June 25th. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $615.78.

More Lockheed Martin News

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

• Positive Sentiment: Lockheed Martin beat Q2 estimates, reporting EPS of $7.94 versus consensus near $7.2 and revenue of $20.1 billion, with sales up 11% year over year. Lockheed Martin Reports Second Quarter 2026 Financial Results
• Positive Sentiment: The company raised FY 2026 guidance to EPS of $29.95-$30.65 and revenue of $79.8 billion-$81.8 billion, above prior expectations, as Pentagon restocking and munitions demand remain strong. Reuters article
• Positive Sentiment: Lockheed highlighted a record $230 billion backlog, which gives investors greater visibility into future revenue and supports the view that defense spending is translating into durable orders. Lockheed Martin Reports Second Quarter 2026 Financial Results
• Positive Sentiment: The board also declared a quarterly dividend of $3.45 per share, reinforcing Lockheed Martin’s shareholder-return profile. Lockheed Martin Declares Third Quarter 2026 Dividend
• Neutral Sentiment: Lockheed Martin also announced a technology collaboration with Venus Aerospace on next-generation propulsion, a long-term development effort that is strategically interesting but unlikely to move near-term earnings. Lockheed Martin and Venus Aerospace Collaborate to Advance Next-Generation Propulsion for Long-Range Precision Fires

Institutional Trading of Lockheed Martin

Several large investors have recently added to or reduced their stakes in LMT. Brighton Jones LLC boosted its position in shares of Lockheed Martin by 5.0% in the fourth quarter. Brighton Jones LLC now owns 3,995 shares of the aerospace company’s stock valued at $1,941,000 after acquiring an additional 191 shares during the period. Sivia Capital Partners LLC raised its stake in Lockheed Martin by 5.4% during the 2nd quarter. Sivia Capital Partners LLC now owns 973 shares of the aerospace company’s stock valued at $451,000 after purchasing an additional 50 shares during the last quarter. Schnieders Capital Management LLC. raised its stake in Lockheed Martin by 17.3% during the 2nd quarter. Schnieders Capital Management LLC. now owns 1,460 shares of the aerospace company’s stock valued at $676,000 after purchasing an additional 215 shares during the last quarter. Gamco Investors INC. ET AL boosted its holdings in Lockheed Martin by 36.0% in the 2nd quarter. Gamco Investors INC. ET AL now owns 2,250 shares of the aerospace company’s stock valued at $1,042,000 after purchasing an additional 595 shares during the period. Finally, Sei Investments Co. boosted its holdings in Lockheed Martin by 18.2% in the 2nd quarter. Sei Investments Co. now owns 86,569 shares of the aerospace company’s stock valued at $40,092,000 after purchasing an additional 13,300 shares during the period. 74.19% of the stock is owned by institutional investors.

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.