Analysts Set Lockheed Martin Corporation (NYSE:LMT) PT at $634.74

Shares of Lockheed Martin Corporation (NYSE:LMT) have received a consensus rating of “Hold” from the twenty-one ratings firms that are covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, thirteen have issued a hold rating and seven have assigned a buy rating to the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is $645.7895.

A number of analysts recently weighed in on the stock. Argus upped their target price on shares of Lockheed Martin from $530.00 to $735.00 and gave the stock a “buy” rating in a report on Friday, March 6th. Truist Financial upped their target price on shares of Lockheed Martin from $605.00 to $695.00 and gave the stock a “buy” rating in a report on Friday, January 30th. Royal Bank Of Canada upped their target price on shares of Lockheed Martin from $615.00 to $650.00 and gave the stock a “sector perform” rating in a report on Friday, January 30th. Susquehanna upped their target price on shares of Lockheed Martin from $725.00 to $740.00 and gave the stock a “positive” rating in a report on Wednesday, March 18th. Finally, Citigroup upped their target price on shares of Lockheed Martin from $673.00 to $675.00 and gave the stock a “neutral” rating in a report on Wednesday, April 1st.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. AQR Capital Management LLC increased its position in shares of Lockheed Martin by 107.3% during the 4th quarter. AQR Capital Management LLC now owns 1,293,823 shares of the aerospace company’s stock valued at $625,784,000 after purchasing an additional 669,604 shares during the last quarter. Morgan Stanley lifted its position in Lockheed Martin by 10.1% in the 4th quarter. Morgan Stanley now owns 5,728,551 shares of the aerospace company’s stock worth $2,770,729,000 after buying an additional 527,523 shares during the last quarter. Sanders Capital LLC bought a new stake in Lockheed Martin in the 3rd quarter worth approximately $252,699,000. Corient Private Wealth LLC boosted its stake in Lockheed Martin by 203.3% in the fourth quarter. Corient Private Wealth LLC now owns 560,363 shares of the aerospace company’s stock worth $271,031,000 after buying an additional 375,622 shares in the last quarter. Finally, First Trust Advisors LP boosted its stake in Lockheed Martin by 286.1% in the third quarter. First Trust Advisors LP now owns 503,428 shares of the aerospace company’s stock worth $251,316,000 after buying an additional 373,027 shares in the last quarter. 74.19% of the stock is currently owned by hedge funds and other institutional investors.

Lockheed Martin News Roundup

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

• Positive Sentiment: BNP Paribas raised its price target to $770 and kept an “outperform” rating, signalling strong analyst confidence and a sizable upside vs. the current price. BNP Paribas Raises Lockheed Martin Price Target
• Positive Sentiment: The Pentagon budget surge is expected to fast‑track funding for Lockheed’s AIM‑260 missile program, supporting future revenue and backlog growth for LMT’s missile portfolio. Pentagon Budget Surge Signals Fast Track
• Positive Sentiment: Exostar won a new five‑year contract to extend its supplier/risk/compliance platform with Lockheed — a small but notable operational win that supports supply‑chain continuity. Exostar Wins New 5‑Year Contract
• Positive Sentiment: Macro narratives — including pieces highlighting a 30% YTD gain and Lockheed’s central role in Middle East operations — keep the stock in investor focus as a core defense holding. Lockheed Up 30% in 2026
• Neutral Sentiment: Jefferies nudged its target to $640 (Hold) and Citigroup kept a Neutral stance with modest PT changes — mixed analyst views create both support and limits to upside expectations. Jefferies Raises Price Target
• Neutral Sentiment: Valuation coverage and long‑term pieces debate whether further near‑term gains are priced in after the strong YTD run; this keeps some investors on the sidelines. Is It Too Late To Consider Lockheed Martin?
• Negative Sentiment: Barron’s and other outlets reported defense stocks slipped after an announced Iran cease‑fire and early signs of de‑escalation, reducing the “war premium” that had been supporting defense names. Defense Stocks Mixed After Iran Cease‑Fire
• Negative Sentiment: Broader coverage notes a defense ETF down ~8% since the Iran conflict began and investors awaiting concrete policy moves, which keeps downside risk if tensions continue to ease. Defense Stocks Fall; Why They Haven’t Had an Iran War Surge
• Negative Sentiment: Operational setback: Lockheed didn’t advance in the Army’s flight‑school competition (Bell M1 moved forward), a missed opportunity for program revenue. Bell M1 Advances; Lockheed Doesn’t
• Negative Sentiment: Recent session weakness (stock slid ~1.6% in the latest close) reflects the tug‑of‑war between budget/contract positives and geopolitical de‑risking. Lockheed Stock Slides as Market Rises

Lockheed Martin Stock Performance

Lockheed Martin stock opened at $628.11 on Friday. The firm’s 50 day simple moving average is $638.59 and its 200 day simple moving average is $545.62. The company has a current ratio of 1.09, a quick ratio of 0.94 and a debt-to-equity ratio of 3.05. The firm has a market capitalization of $144.75 billion, a PE ratio of 29.23, a price-to-earnings-growth ratio of 1.12 and a beta of 0.23. Lockheed Martin has a 1-year low of $410.11 and a 1-year high of $692.00.

Lockheed Martin (NYSE:LMT) last posted its 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 firm had revenue of $20.32 billion for the quarter, compared to the consensus estimate of $19.84 billion. Lockheed Martin had a return on equity of 108.53% and a net margin of 6.69%.The business’s revenue was up 9.1% on a year-over-year basis. During the same period last year, the company posted $7.67 EPS. As a group, analysts expect that Lockheed Martin will post 27.15 earnings per share for the current fiscal year.

Lockheed Martin Dividend Announcement

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

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.