Lockheed Martin (NYSE:LMT) Rating Lowered to “Buy” at Wall Street Zen

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

Other research analysts also recently issued research reports about the company. Barclays began coverage on Lockheed Martin in a report on Friday, October 9th. They set an “equal weight” rating and a $554.00 price target on the stock. Robert W. Baird set a $700.00 price target on Lockheed Martin in a research report on Friday, July 24th. Royal Bank Of Canada reduced their price objective on Lockheed Martin from $600.00 to $550.00 and set a “sector perform” rating for the company in a research note on Thursday. UBS Group reissued a “buy” rating and issued a $653.00 price objective on shares of Lockheed Martin in a research note on Friday. Finally, Wells Fargo & Company set a $600.00 price objective on Lockheed Martin in a research report on Monday, July 27th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Lockheed Martin currently has a consensus rating of “Moderate Buy” and an average target price of $627.10.

Lockheed Martin Trading Down 0.0%

NYSE LMT opened at $551.96 on Friday. Lockheed Martin has a twelve month low of $437.25 and a twelve month high of $692.00. The company has a debt-to-equity ratio of 2.34, a quick ratio of 1.01 and a current ratio of 1.19. The stock has a market cap of $127.39 billion, a price-to-earnings ratio of 20.35, a PEG ratio of 1.20 and a beta of 0.09. The firm’s 50 day moving average price is $541.90 and its two-hundred day moving average price is $543.48.

Lockheed Martin (NYSE:LMT) last announced its earnings results 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. The company had revenue of $20.06 billion for the quarter, compared to the consensus estimate of $19.34 billion. Lockheed Martin had a net margin of 8.16% and a return on equity of 91.42%. The company’s revenue was up 10.5% on a year-over-year basis. During the same period in the previous year, the business earned $1.46 EPS. Lockheed Martin has set its FY 2026 guidance at 29.950-30.650 EPS. Equities analysts anticipate that Lockheed Martin will post 30.44 EPS for the current year.

Institutional Trading of Lockheed Martin

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. SG Americas Securities LLC increased its stake in Lockheed Martin by 5.4% in the first quarter. SG Americas Securities LLC now owns 276,383 shares of the aerospace company’s stock valued at $167,043,000 after acquiring an additional 14,150 shares during the period. Norris Financial Group LLC acquired a new position in Lockheed Martin in the first quarter worth about $2,321,000. Legal Advantage Investments Inc. acquired a new position in Lockheed Martin in the first quarter worth about $1,451,000. CX Institutional raised its position in Lockheed Martin by 527.4% in the third quarter. CX Institutional now owns 18,415 shares of the aerospace company’s stock worth $9,378,000 after purchasing an additional 15,480 shares in the last quarter. Finally, Talon Private Wealth LLC bought a new position in Lockheed Martin during the first quarter worth about $3,743,000. 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: UBS reiterated its bullish view and said Lockheed’s missile sales could grow roughly 20% annually for years. The highly profitable Missiles and Fire Control division could drive earnings growth faster than revenue, supporting the stock’s recent momentum. Why Lockheed Martin Stock Keeps Going Up
• Positive Sentiment: Lockheed announced a $300 million Texas investment and plans to add approximately 6,000 U.S. jobs, expanding advanced-munitions capacity. PAC-3 MSE production is targeted to rise from about 600 units annually to at least 2,000 over time, improving the company’s ability to capture sustained missile-defense demand. Lockheed Martin Supercharges US Missile Production With $300 Million Texas Investment
• Positive Sentiment: The company raised its quarterly dividend 4.3% to $3.60 per share, extending its dividend-growth streak to 24 years. The increase reinforces Lockheed’s appeal to income-focused investors. This Defense Stock Just Raised Its Dividend by 4.3%
• Positive Sentiment: Lockheed delivered a C-130J-30 aircraft to the U.S. Navy for the future E-130J Phoenix II TACAMO mission, highlighting continued demand for its strategic-airlift and command-and-control platforms. U.S. Navy Receives C-130J-30 Super Hercules
• Neutral Sentiment: Analysts expect third-quarter earnings to grow about 7.6%, with missile-defense demand and production increases supporting revenue. Investors are watching the October 22 report for evidence that recent investments are translating into cash flow and profit growth.
• Neutral Sentiment: Potential changes to Norway’s sovereign wealth fund rules could eventually allow investment in Lockheed, which is currently excluded because of its nuclear-weapons involvement. Any benefit remains speculative and depends on the policy change.
• Negative Sentiment: RBC lowered its price target from $600 to $550 and maintained a “sector perform” rating, signaling limited near-term upside at current valuation. RBC Lowers Lockheed Martin Price Target
• Negative Sentiment: Investors continue to weigh Lockheed’s elevated debt, execution risks on fixed-price programs and the possibility of future contract charges. Bernstein also maintained a hold rating.

Lockheed Martin Company Profile

Lockheed Martin Corporation is a global security and aerospace company headquartered in Bethesda, Maryland. Formed in 1995 through the merger of Lockheed Corporation and Martin Marietta, the company develops and produces advanced defense, aerospace, and technology systems for government and commercial customers.

Its principal business areas include Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space. Products and services include military aircraft such as the F-35 Lightning II, C-130 Hercules, and F-16 Fighting Falcon; missile-defense and precision-strike systems; helicopters and naval systems; command, control, communications, and intelligence technologies; satellites; space exploration systems; and other classified space and defense programs.

Lockheed Martin serves the U.S.