Lockheed Martin Corporation (NYSE:LMT) Receives $626.33 Consensus Price Target from Analysts

Shares of Lockheed Martin Corporation (NYSE:LMT) have received an average rating of “Hold” from the twenty brokerages that are currently covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation, eleven have issued a hold recommendation, seven have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month price objective among analysts that have issued ratings on the stock in the last year is $632.3889.

A number of research firms have issued reports on LMT. Royal Bank Of Canada increased their price target on Lockheed Martin from $575.00 to $600.00 and gave the company a “sector perform” rating in a research report on Friday, July 24th. Weiss Ratings upgraded shares of Lockheed Martin from a “hold (c)” rating to a “hold (c+)” rating in a research note on Friday, July 31st. DZ Bank upgraded shares of Lockheed Martin from a “hold” rating to a “strong-buy” rating in a research note on Thursday, April 30th. TD Cowen reduced their target price on shares of Lockheed Martin from $600.00 to $560.00 and set a “hold” rating on the stock in a report on Monday, July 13th. Finally, Bank of America decreased their price target on shares of Lockheed Martin from $660.00 to $600.00 and set a “neutral” rating for the company in a research note on Friday, April 24th.

Key Headlines Impacting Lockheed Martin

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

• Positive Sentiment: Missile demand and replenishment support future orders. U.S. missile-stockpile shortages and Pentagon efforts to rebuild inventories could benefit Lockheed Martin’s PAC-3, long-range missile and other defense programs. One report also cites a potential $58.62 billion Patriot missile contract, although investors should verify the award through official Pentagon or company disclosures. Defense ETFs to Buy as Pentagon Pushes to Boost Missile Stockpiles Lockheed Martin Secures Reported Pentagon Contract for Patriot Missiles
• Positive Sentiment: Defense technology milestones could expand growth opportunities. Lockheed said its “ICBM killer” passed two key tests ahead of a 2026 design review, while its space business is gaining from missile-defense demand and next-generation programs. These developments strengthen the company’s positioning in strategically important defense markets. ICBM Killer Passes Two Key Tests Can Lockheed Martin’s Space Business Become Its Next Growth Driver?
• Positive Sentiment: Counter-drone platform adds a potential commercial and government market. Lockheed Martin, Verizon, NVIDIA and other partners demonstrated an AI-enabled system that uses existing 5G infrastructure to detect and track unmanned aircraft. The technology could be deployed for public venues and critical infrastructure, though near-term revenue is unclear. Lockheed Martin and Partners Demonstrate Airspace Protection Technology
• Neutral Sentiment: Brokerage targets remain above the current share price. Analysts cited a consensus target of $626.33, suggesting potential upside, but targets are expectations rather than new earnings or contract commitments. Lockheed Martin Receives Consensus Target Price
• Negative Sentiment: Options activity may be signaling caution. Recent options-market movements have drawn attention and could reflect hedging or bearish positioning. The report does not establish a definitive directional signal, but it may contribute to short-term volatility. Do Options Traders Know Something About Lockheed Martin Stock We Don’t?

Hedge Funds Weigh In On Lockheed Martin

A number of institutional investors and hedge funds have recently modified their holdings of LMT. Cerro Pacific Wealth Advisors LLC boosted its position in shares of Lockheed Martin by 1.2% during the 4th quarter. Cerro Pacific Wealth Advisors LLC now owns 1,376 shares of the aerospace company’s stock worth $665,000 after acquiring an additional 16 shares in the last quarter. Garner Asset Management Corp raised its position in shares of Lockheed Martin by 0.9% during the 4th quarter. Garner Asset Management Corp now owns 1,735 shares of the aerospace company’s stock worth $839,000 after acquiring an additional 16 shares in the last quarter. Davis R M Inc. lifted its stake in Lockheed Martin by 1.3% during the fourth quarter. Davis R M Inc. now owns 1,264 shares of the aerospace company’s stock worth $612,000 after purchasing an additional 16 shares during the last quarter. Broadway Wealth Solutions Inc. boosted its holdings in Lockheed Martin by 3.6% in the fourth quarter. Broadway Wealth Solutions Inc. now owns 484 shares of the aerospace company’s stock valued at $234,000 after purchasing an additional 17 shares in the last quarter. Finally, Aspire Growth Partners LLC boosted its holdings in Lockheed Martin by 0.7% in the fourth quarter. Aspire Growth Partners LLC now owns 2,515 shares of the aerospace company’s stock valued at $1,217,000 after purchasing an additional 17 shares in the last quarter. Institutional investors and hedge funds own 74.19% of the company’s stock.

Lockheed Martin Stock Performance

NYSE:LMT opened at $598.07 on Friday. The company has a fifty day simple moving average of $540.83 and a two-hundred day simple moving average of $576.23. The company has a market cap of $138.03 billion, a price-to-earnings ratio of 22.04, a price-to-earnings-growth ratio of 1.04 and a beta of 0.10. The company has a quick ratio of 1.01, a current ratio of 1.19 and a debt-to-equity ratio of 2.34. Lockheed Martin has a 52 week low of $434.84 and a 52 week high of $692.00.

Lockheed Martin (NYSE:LMT) last announced its quarterly earnings data on Thursday, July 23rd. The aerospace company reported $7.94 earnings per share (EPS) for the quarter, beating the consensus estimate of $7.22 by $0.72. Lockheed Martin had a return on equity of 91.42% and a net margin of 8.16%.The business had revenue of $20.06 billion for the quarter, compared to analysts’ expectations of $19.34 billion. During the same period last year, the firm earned $1.46 earnings per share. The company’s revenue for the quarter was up 10.5% compared to the same quarter last year. Lockheed Martin has set its FY 2026 guidance at 29.950-30.650 EPS. As a group, equities analysts anticipate that Lockheed Martin will post 30.36 earnings per share for the current fiscal year.

Lockheed Martin Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 25th. Stockholders of record on Tuesday, September 1st will be issued a $3.45 dividend. This represents a $13.80 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date is Tuesday, September 1st. Lockheed Martin’s dividend payout ratio (DPR) is presently 50.87%.

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.