Lockheed Martin (NYSE:LMT) Trading Up 2.1% – Time to Buy?

Lockheed Martin Corporation (NYSE:LMT) shares rose 2.1% during mid-day trading on Tuesday . The stock traded as high as $541.59 and last traded at $536.3710. 1,314,709 shares traded hands during mid-day trading, a decline of 11% from the average daily volume of 1,480,874 shares. The stock had previously closed at $525.28.

Key Headlines Impacting Lockheed Martin

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

• Positive Sentiment: UBS upgraded LMT to Buy from Neutral and raised its 12-month price target to $674 from $581, implying approximately 26% upside from its referenced September 4 price. UBS expects stronger-than-anticipated, multi-year earnings growth, supported by missile demand, F-35 sustainment and other defense programs. UBS upgrades Lockheed Martin to Buy, sees 26% upside on missile growth
• Positive Sentiment: Sweden selected Lockheed Martin’s HIMARS system in a deal valued at roughly $729 million. The purchase covers about 10 launchers and ammunition, with deliveries expected to begin in 2027. Cooperation with Saab to produce HIMARS ammunition in Sweden could strengthen LMT’s European defense footprint and support future regional sales. Sweden to buy Lockheed Martin’s HIMARS artillery rocket system
• Positive Sentiment: Lockheed Martin and Raytheon’s Javelin joint venture signed a co-production memorandum with India’s Tata Advanced Systems. Local production could expand LMT’s presence in India, improve supply-chain and manufacturing capabilities, and create additional international demand, although the agreement is not itself a firm contract award. Lockheed Martin’s Javelin JV signs co-production MOU with Tata Advanced Systems
• Positive Sentiment: Investors are also citing valuation support. Commentary points to LMT trading at roughly 19 times earnings and below 14 times free cash flow, alongside an approximately 2.6% dividend yield, making the shares appear reasonably valued if missile growth and cash generation improve. Why Lockheed Martin Stock Popped Today
• Neutral Sentiment: Speculation about increased U.S. space and defense spending could benefit LMT’s space operations, but reports about the Moon do not change existing treaties or represent a specific Lockheed Martin contract. Trump Declares the Moon Belongs to the U.S.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on LMT shares. TD Cowen lowered their price objective on Lockheed Martin from $600.00 to $560.00 and set a “hold” rating on the stock in a research note on Monday, July 13th. Jefferies Financial Group reissued a “hold” rating on shares of Lockheed Martin in a research report on Wednesday, September 2nd. Citigroup upped their price target on shares of Lockheed Martin from $641.00 to $691.00 and gave the company a “buy” rating in a research note on Thursday, August 13th. Sanford C. Bernstein reaffirmed a “market perform” rating on shares of Lockheed Martin in a report on Friday, May 29th. Finally, Robert W. Baird set a $700.00 target price on shares of Lockheed Martin in a report on Friday, July 24th. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Lockheed Martin currently has an average rating of “Hold” and a consensus target price of $637.56.

Lockheed Martin Stock Up 2.1%

The company has a current ratio of 1.19, a quick ratio of 1.01 and a debt-to-equity ratio of 2.34. The firm has a market cap of $123.79 billion, a P/E ratio of 19.77, a price-to-earnings-growth ratio of 1.14 and a beta of 0.10. The stock’s fifty day moving average is $556.02 and its two-hundred day moving average is $568.85.

Lockheed Martin (NYSE:LMT) last released its quarterly earnings results on Thursday, July 23rd. The aerospace company reported $7.94 EPS for the quarter, beating analysts’ consensus estimates of $7.22 by $0.72. The firm had revenue of $20.06 billion during the quarter, compared to analyst estimates of $19.34 billion. Lockheed Martin had a net margin of 8.16% and a return on equity of 91.42%. The business’s revenue for the quarter 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. As a group, research analysts anticipate that Lockheed Martin Corporation will post 30.39 earnings per share for the current year.

Lockheed Martin Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, September 25th. Investors of record on Tuesday, September 1st will be paid a $3.45 dividend. This represents a $13.80 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date of this dividend is Tuesday, September 1st. Lockheed Martin’s dividend payout ratio (DPR) is currently 50.87%.

Institutional Trading of Lockheed Martin

Several hedge funds and other institutional investors have recently bought and sold shares of LMT. Basso Capital Management L.P. purchased a new position in shares of Lockheed Martin during the fourth quarter worth approximately $25,000. Burnham & Co LLC purchased a new stake in shares of Lockheed Martin in the 2nd quarter valued at $25,000. United Financial Planning Group LLC bought a new position in shares of Lockheed Martin during the 3rd quarter valued at $25,000. Clarity Asset Management Inc. bought a new position in shares of Lockheed Martin during the 4th quarter valued at $26,000. Finally, Field & Main Bank purchased a new position in Lockheed Martin in the 2nd quarter worth $26,000. 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.