Lockheed Martin (NYSE:LMT) Stock Price Down 1.8% – Should You Sell?

Lockheed Martin Corporation (NYSE:LMT)’s share price was down 1.8% on Monday . The stock traded as low as $610.63 and last traded at $616.0220. Approximately 1,337,315 shares traded hands during mid-day trading, a decline of 31% from the average daily volume of 1,942,986 shares. The stock had previously closed at $627.43.

Lockheed Martin News Summary

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

• Positive Sentiment: Pentagon framework agreements with major defense contractors, including Lockheed, to boost production of defense systems and munitions as it shifts to a “wartime footing” — signals larger, sustained government demand and potential near-term contract flow. Pentagon ramp-up
• Positive Sentiment: Lockheed announced a framework with the U.S. Department of War to quadruple Precision Strike Missile (PrSM) production, building on a prior ~$4.94B award — materially expands production capacity and revenue visibility in a high-margin weapons program. PrSM production ramp
• Positive Sentiment: Lockheed (with partner Firefly) tested rapid-launch capabilities in a U.S. Space Force exercise — underscores Lockheed’s role in responsive launch and space logistics, an expanding budget area for DoD. Rapid-launch test
• Positive Sentiment: Susquehanna raised its price target on LMT to $740 and kept a Positive rating — analyst upgrade increases buy-side conviction and can attract flows. Susquehanna price target
• Positive Sentiment: Terran Orbital (a Lockheed Martin company) introduced a new star tracker product line at SATSHOW 2026 — expansion of space component portfolio supports downstream revenue and supply-chain integration for Lockheed’s space programs. Terran Orbital product launch
• Positive Sentiment: Multiple industry pieces highlight Lockheed as a top defense stock to watch as spending rises (backlogs, steady orders, broad portfolios) — positive sector narrative supporting valuation expansion. Defense stocks to watch Zacks defense note
• Neutral Sentiment: Palantir’s Golden Dome project and expanding defense role (multibillion budget) may create software opportunities for defense primes, but benefits to Lockheed are indirect and timing is uncertain. Palantir defense role Palantir Golden Dome
• Neutral Sentiment: Analyst/market commentary (Zacks blog, Yahoo roundup) highlights defense as a hedge in war-driven volatility — supports investor interest but is thematic rather than company-specific. Zacks analyst blog
• Negative Sentiment: Report in a Chinese publication claiming the U.S. has limited rare-earths remaining raises supply-chain risk for missile and electronics production — potential headwind if validated and not mitigated. Rare earths concern
• Neutral Sentiment: Earlier short-term pullbacks and headlines about political trading scrutiny may add volatility but don’t change the fundamental demand backdrop. Political trading article Recent stock move

Analyst Upgrades and Downgrades

LMT has been the subject of several research analyst reports. Robert W. Baird upped their price target on shares of Lockheed Martin from $550.00 to $640.00 and gave the company an “outperform” rating in a research report on Friday, January 16th. Wall Street Zen cut shares of Lockheed Martin from a “strong-buy” rating to a “buy” rating in a research report on Sunday. UBS Group increased their target price on Lockheed Martin from $580.00 to $663.00 and gave the company a “neutral” rating in a report on Monday, February 2nd. Truist Financial raised their target price on Lockheed Martin from $605.00 to $695.00 and gave the stock a “buy” rating in a research report on Friday, January 30th. Finally, Sanford C. Bernstein reiterated a “market perform” rating and set a $654.00 price target on shares of Lockheed Martin in a report on Friday, February 6th. Seven equities research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $623.16.

Lockheed Martin Price Performance

The stock has a market capitalization of $143.59 billion, a PE ratio of 29.04, a P/E/G ratio of 1.11 and a beta of 0.22. The company has a quick ratio of 0.94, a current ratio of 1.09 and a debt-to-equity ratio of 3.05. The stock’s 50-day moving average is $630.73 and its 200 day moving average is $534.41.

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

Lockheed Martin Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, March 27th. Shareholders of record on Monday, March 2nd will be paid a $3.45 dividend. The ex-dividend date is Monday, March 2nd. This represents a $13.80 dividend on an annualized basis and a yield of 2.2%. Lockheed Martin’s payout ratio is 64.22%.

Institutional Investors Weigh In On Lockheed Martin

Hedge funds and other institutional investors have recently made changes to their positions in the company. United Financial Planning Group LLC bought a new position in Lockheed Martin during the third quarter valued at approximately $25,000. Basso Capital Management L.P. acquired a new stake in Lockheed Martin in the fourth quarter valued at approximately $25,000. Barnes Dennig Private Wealth Management LLC grew its position in Lockheed Martin by 285.7% in the third quarter. Barnes Dennig Private Wealth Management LLC now owns 54 shares of the aerospace company’s stock worth $27,000 after acquiring an additional 40 shares in the last quarter. Grey Fox Wealth Advisors LLC acquired a new position in shares of Lockheed Martin during the 3rd quarter worth $27,000. Finally, Clarity Asset Management Inc. acquired a new position in shares of Lockheed Martin during the 4th quarter worth $26,000. 74.19% of the stock is owned by hedge funds and other institutional investors.

Lockheed Martin Company Profile

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.