Lockheed Martin (NYSE:LMT) Trading 2.3% Higher – Still a Buy?

Posted by Francis Steltz on May 20th, 2026

Shares of Lockheed Martin Corporation (NYSE:LMT – Get Free Report) traded up 2.3% on Monday . The stock traded as high as $528.39 and last traded at $528.1320. 1,221,581 shares traded hands during mid-day trading, a decline of 29% from the average session volume of 1,716,642 shares. The stock had previously closed at $516.01.

Analysts Set New Price Targets

Several analysts recently weighed in on the company. Citigroup decreased their price objective on Lockheed Martin from $675.00 to $571.00 and set a “neutral” rating for the company in a report on Monday. Argus lifted their price objective on Lockheed Martin from $530.00 to $735.00 and gave the company a “buy” rating in a report on Friday, March 6th. BNP Paribas Exane decreased their price objective on Lockheed Martin from $770.00 to $680.00 and set an “outperform” rating for the company in a report on Friday, April 24th. Jefferies Financial Group restated a “hold” rating and issued a $595.00 price objective on shares of Lockheed Martin in a report on Sunday, April 26th. Finally, The Goldman Sachs Group lifted their price objective on Lockheed Martin from $464.00 to $517.00 and gave the company a “sell” rating in a report on Monday, February 2nd. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $620.68.

Check Out Our Latest Report on Lockheed Martin

Lockheed Martin Price Performance

The firm has a 50 day simple moving average of $585.44 and a 200-day simple moving average of $555.74. The company has a quick ratio of 0.94, a current ratio of 1.14 and a debt-to-equity ratio of 2.74. The company has a market cap of $120.43 billion, a PE ratio of 25.29, a price-to-earnings-growth ratio of 0.96 and a beta of 0.10.

Lockheed Martin (NYSE:LMT – Get Free Report) last posted its earnings results on Thursday, April 23rd. The aerospace company reported $6.44 earnings per share (EPS) for the quarter, missing the consensus estimate of $6.79 by ($0.35). Lockheed Martin had a net margin of 6.38% and a return on equity of 101.64%. The company had revenue of $18.02 billion during the quarter, compared to analysts’ expectations of $18.38 billion. During the same quarter last year, the firm earned $7.28 EPS. Lockheed Martin’s revenue for the quarter was up .3% on a year-over-year basis. Lockheed Martin has set its FY 2026 guidance at 29.350-30.250 EPS. As a group, research analysts predict that Lockheed Martin Corporation will post 29.88 earnings per share for the current fiscal year.

Lockheed Martin Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 26th. Stockholders of record on Monday, June 1st will be paid a dividend of $3.45 per share. The ex-dividend date is Monday, June 1st. This represents a $13.80 dividend on an annualized basis and a dividend yield of 2.6%. Lockheed Martin’s payout ratio is presently 66.83%.

Institutional Investors Weigh In On Lockheed Martin

A number of large investors have recently modified their holdings of LMT. Oppenheimer & Co. Inc. lifted its position in shares of Lockheed Martin by 9.3% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 39,410 shares of the aerospace company’s stock valued at $19,674,000 after buying an additional 3,352 shares in the last quarter. Welch Group LLC raised its position in Lockheed Martin by 1.5% during the fourth quarter. Welch Group LLC now owns 132,684 shares of the aerospace company’s stock worth $64,175,000 after acquiring an additional 1,999 shares during the period. Jain Global LLC purchased a new position in Lockheed Martin during the third quarter valued at $38,064,000. World Investment Advisors grew its position in shares of Lockheed Martin by 54.7% in the fourth quarter. World Investment Advisors now owns 14,739 shares of the aerospace company’s stock valued at $7,129,000 after purchasing an additional 5,214 shares during the period. Finally, Atlantic Union Bankshares Corp increased its stake in shares of Lockheed Martin by 182.0% during the third quarter. Atlantic Union Bankshares Corp now owns 37,014 shares of the aerospace company’s stock worth $18,478,000 after purchasing an additional 23,888 shares in the last quarter. Hedge funds and other institutional investors own 74.19% of the company’s stock.

Lockheed Martin Company Profile

(Get Free Report)

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.