Jefferies Financial Group Increases Lockheed Martin (NYSE:LMT) Price Target to $640.00

Lockheed Martin (NYSE:LMT) had its price target boosted by stock analysts at Jefferies Financial Group from $630.00 to $640.00 in a report issued on Tuesday,Benzinga reports. The firm currently has a “hold” rating on the aerospace company’s stock. Jefferies Financial Group’s price objective suggests a potential upside of 1.98% from the stock’s current price.

Several other analysts have also weighed in on LMT. UBS Group raised their price objective on shares of Lockheed Martin from $580.00 to $663.00 and gave the stock a “neutral” rating in a report on Monday, February 2nd. JPMorgan Chase & Co. raised their price target on shares of Lockheed Martin from $515.00 to $680.00 and gave the company a “neutral” rating in a report on Friday, January 30th. Truist Financial raised their price target on shares of Lockheed Martin from $605.00 to $695.00 and gave the company a “buy” rating in a report on Friday, January 30th. The Goldman Sachs Group raised their price target on shares of Lockheed Martin from $464.00 to $517.00 and gave the company a “sell” rating in a report on Monday, February 2nd. Finally, Weiss Ratings raised shares of Lockheed Martin from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, March 23rd. Seven analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $635.26.

Lockheed Martin Price Performance

Shares of NYSE LMT traded down $10.35 during mid-day trading on Tuesday, hitting $627.55. 723,508 shares of the stock were exchanged, compared to its average volume of 1,827,232. The company has a market cap of $144.62 billion, a P/E ratio of 29.20, a PEG ratio of 1.12 and a beta of 0.23. The stock’s fifty day simple moving average is $637.33 and its two-hundred day simple moving average is $543.95. The company has a debt-to-equity ratio of 3.05, a quick ratio of 0.94 and a current ratio of 1.09. Lockheed Martin has a twelve month low of $410.11 and a twelve month high of $692.00.

Lockheed Martin (NYSE:LMT) last posted its quarterly earnings data on Thursday, January 29th. The aerospace company reported $5.80 earnings per share for the quarter, missing the consensus estimate of $6.33 by ($0.53). The firm had revenue of $20.32 billion for the quarter, compared to analyst estimates of $19.84 billion. Lockheed Martin had a return on equity of 108.53% and a net margin of 6.69%.The business’s quarterly revenue was up 9.1% on a year-over-year basis. During the same period in the previous year, the business posted $7.67 EPS. As a group, analysts forecast that Lockheed Martin will post 27.15 EPS for the current fiscal year.

Institutional Trading of Lockheed Martin

A number of institutional investors have recently bought and sold shares of the business. Cerro Pacific Wealth Advisors LLC grew its holdings in 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 during the period. Garner Asset Management Corp grew its holdings in 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 during the period. Davis R M Inc. grew its holdings in Lockheed Martin by 1.3% during the 4th quarter. Davis R M Inc. now owns 1,264 shares of the aerospace company’s stock worth $612,000 after acquiring an additional 16 shares during the period. Broadway Wealth Solutions Inc. boosted its position in shares of Lockheed Martin by 3.6% during the fourth quarter. Broadway Wealth Solutions Inc. now owns 484 shares of the aerospace company’s stock worth $234,000 after purchasing an additional 17 shares in the last quarter. Finally, Aspire Growth Partners LLC boosted its position in shares of Lockheed Martin by 0.7% during the fourth quarter. Aspire Growth Partners LLC now owns 2,515 shares of the aerospace company’s stock worth $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.

Trending Headlines about Lockheed Martin

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

• Positive Sentiment: Trump’s $1.5 trillion defense budget request would materially increase defense spending and is a clear upside catalyst for major contractors like Lockheed (more procurement, program funding). Article Title
• Positive Sentiment: Pentagon details (85 additional F‑35 jets and increased procurement) directly benefit Lockheed’s F‑35 franchise and near-term cash flow expectations. Article Title
• Positive Sentiment: Exostar secured a new five‑year contract extension with Lockheed Martin to manage supplier, risk and compliance systems — a modest but tangible operational win that supports supply‑chain continuity. Article Title
• Positive Sentiment: Coverage highlighting Lockheed’s role in Artemis II and other space programs underlines long‑term growth opportunities in civil and national‑security space markets. Article Title
• Neutral Sentiment: Q1 preview notes analysts expect a single‑digit profit dip, which may temper short‑term upside but is already priced into near‑term estimates. Article Title
• Neutral Sentiment: Analyst pieces asking if it’s “too late” to buy note a strong YTD and 1‑year run; this drives rotation risk as investors lock in gains. Article Title
• Negative Sentiment: Recent quarterly results missed EPS expectations and highlighted high debt levels; valuation (PE ~29, PEG ~1.12) and concerns about rising costs and leverage are cited as reasons for caution and today’s profit‑taking. Article Title
• Negative Sentiment: Market headlines about geopolitical escalation (oil spikes, Iran threats) create volatility—while that can benefit defense sales structurally, it can also trigger broad market risk‑off moves that push the stock down intraday. Article Title

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.