Lockheed Martin (NYSE:LMT) Stock Price Down 2.4% – Time to Sell?

Shares of Lockheed Martin Corporation (NYSE:LMT) fell 2.4% during mid-day trading on Wednesday . The company traded as low as $634.03 and last traded at $648.2980. 1,661,022 shares traded hands during mid-day trading, a decline of 14% from the average session volume of 1,931,911 shares. The stock had previously closed at $664.43.

Key Lockheed Martin News

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

• Positive Sentiment: Major contracts and foreign military sales: recent reporting highlights a new foreign military sale to deliver C-130J training devices and upgrades for the Royal Australian Air Force, and analyst notes that LMT has secured deals expanding production capacity for THAAD and PAC‑3 interceptors — concrete, near‑term revenue and backlog support. Lockheed Martin Corporation (LMT) Secures Foreign Military Sale Contract Through Wright-Patterson Air Force Base
• Positive Sentiment: Ongoing platform demand: coverage notes rising U.S. defense spending and modernization that favor Lockheed’s portfolio (F‑35, missiles, C‑130J), supporting medium‑term growth expectations. LMT vs. KTOS: Which Defense Stock Is Better Positioned for 2026?
• Positive Sentiment: Cyber and space program positioning: Lockheed joined BCR Cyber’s strategic industry partner consortium and company officials are promoting GPS‑IIIF advantages — moves that support diversification into higher‑margin areas (cyber, space). Lockheed Martin Joins BCR Cyber’s Strategic Industry Partner Consortium
• Positive Sentiment: Supplier activity signals steady production: CPI Aerostructures announced $9M in additional orders from Lockheed for F‑16 assemblies with deliveries through 2028 — a sign of continuing program activity. CPI Aerostructures Receives Additional Orders Worth $9M From Lockheed Martin for F-16 Structural Assemblies
• Neutral Sentiment: Analyst comparisons and attention: multiple outlets reposted comparative pieces (LMT vs KTOS) and “trending” coverage — increases visibility but no single new catalyst. LMT vs. KTOS: Which Defense Stock Is Better Positioned for 2026?
• Neutral Sentiment: AI/government policy noise: coverage of Anthropic’s pushback on Pentagon AI use underscores regulatory/ethical uncertainty in defense AI adoption — a watch item for program timing. Anthropic Tussles with Pentagon as AI Goes to War
• Negative Sentiment: Sectorwide pullback / profit‑taking: a recent article cites three reasons defense names are falling today — profit‑taking after rallies, rotation into software, and possible reaction to the State of the Union — a likely proximate cause of LMT’s decline. Defense Stocks Are Taking a Hit. There Are 3 Reasons.
• Negative Sentiment: Insider sale (immaterial): a disclosed sale of 10 shares by an insider was filed; size is tiny and unlikely to drive fundamentals but may be noted by short‑term traders. Insider Transaction Filing

Wall Street Analyst Weigh In

A number of research analysts have issued reports on LMT shares. Morgan Stanley set a $675.00 price target on Lockheed Martin in a research report on Wednesday, February 4th. Sanford C. Bernstein reiterated a “market perform” rating and issued a $654.00 target price on shares of Lockheed Martin in a research report on Friday, February 6th. Wall Street Zen downgraded shares of Lockheed Martin from a “strong-buy” rating to a “buy” rating in a research report on Sunday, February 8th. Robert W. Baird increased their price objective on shares of Lockheed Martin from $550.00 to $640.00 and gave the company an “outperform” rating in a report on Friday, January 16th. Finally, The Goldman Sachs Group raised their price objective on shares of Lockheed Martin from $464.00 to $517.00 and gave the company a “sell” rating in a research note on Monday, February 2nd. Six analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $612.50.

Lockheed Martin Trading Down 2.4%

The company has a debt-to-equity ratio of 3.05, a quick ratio of 0.94 and a current ratio of 1.09. The firm has a market capitalization of $149.16 billion, a P/E ratio of 30.17, a price-to-earnings-growth ratio of 1.19 and a beta of 0.23. The firm has a 50 day moving average price of $571.15 and a two-hundred day moving average price of $506.12.

Lockheed Martin (NYSE:LMT) last released its quarterly earnings results on Thursday, January 29th. The aerospace company reported $5.80 earnings per share for the quarter, missing analysts’ consensus estimates of $6.33 by ($0.53). The company had revenue of $20.32 billion during the quarter, compared to analyst estimates of $19.84 billion. Lockheed Martin had a net margin of 6.69% and a return on equity of 108.53%. The company’s revenue for the quarter was up 9.1% compared to the same quarter last year. During the same quarter last year, the business earned $7.67 EPS. On average, equities research analysts expect that Lockheed Martin Corporation will post 27.15 EPS for the current fiscal year.

Lockheed Martin Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, March 27th. Stockholders of record on Monday, March 2nd will be issued a dividend of $3.45 per share. The ex-dividend date is Monday, March 2nd. This represents a $13.80 dividend on an annualized basis and a dividend yield of 2.1%. Lockheed Martin’s payout ratio is currently 64.22%.

Hedge Funds Weigh In On Lockheed Martin

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Carnegie Investment Counsel increased its position in shares of Lockheed Martin by 11.4% during the 3rd quarter. Carnegie Investment Counsel now owns 29,639 shares of the aerospace company’s stock worth $14,796,000 after purchasing an additional 3,031 shares during the last quarter. VCI Wealth Management LLC bought a new position in shares of Lockheed Martin in the third quarter valued at $3,075,000. DAVENPORT & Co LLC increased its holdings in Lockheed Martin by 22.4% during the third quarter. DAVENPORT & Co LLC now owns 25,423 shares of the aerospace company’s stock worth $12,688,000 after buying an additional 4,652 shares during the last quarter. Farther Finance Advisors LLC raised its position in Lockheed Martin by 29.2% during the third quarter. Farther Finance Advisors LLC now owns 10,036 shares of the aerospace company’s stock worth $5,010,000 after acquiring an additional 2,270 shares in the last quarter. Finally, Oppenheimer & Co. Inc. lifted its stake in Lockheed Martin by 9.3% in the third quarter. Oppenheimer & Co. Inc. now owns 39,410 shares of the aerospace company’s stock valued at $19,674,000 after acquiring an additional 3,352 shares during the last quarter. Institutional investors and hedge funds 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.