Lockheed Martin (NYSE:LMT) Stock Price Down 1.5% – What’s Next?

Posted by Brenda Bartman on Jul 8th, 2026

Lockheed Martin Corporation (NYSE:LMT – Get Free Report)’s stock price fell 1.5% on Monday . The company traded as low as $535.17 and last traded at $537.62. Approximately 932,340 shares changed hands during trading, a decline of 43% from the average session volume of 1,621,833 shares. The stock had previously closed at $545.91.

Trending Headlines about Lockheed Martin

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

Positive Sentiment: Lockheed Martin won two U.S. defense contracts worth more than $607 million, adding to the company’s already large backlog and reinforcing its near-term revenue visibility. Lockheed Martin wins two U.S. defense contracts worth over $607M
Positive Sentiment: Lockheed Martin and Rheinmetall signed an agreement to move forward with ATACMS co-production in Europe, which expands Lockheed’s international manufacturing footprint and could open additional long-term missile demand. Lockheed Martin, Rheinmetall to jointly produce ATACMS missiles in Germany
Positive Sentiment: NATO summit coverage highlighted billions in defense deals and Europe’s push to accelerate PAC-3 sustainment and munitions production, a trend that could benefit Lockheed Martin’s missile business and European orders. Lockheed Martin and NATO Allies Accelerate PAC-3 Sustainment Across Europe
Neutral Sentiment: Commentary around Lockheed’s recent pullback notes that the stock has lagged peers over the past month, but also points to its expanding backlog as a potential reason investors may see the decline as a buying opportunity. LMT Stock Lags Industry in a Month: Is the Pullback an Opportunity?
Neutral Sentiment: Reports that Lockheed’s Sikorsky unit may fund a new White House helipad are more of a headline curiosity than a material earnings driver for the stock. Trump Wants a ‘Beauty’: Lockheed Martin’s Sikorsky to Fund New $6 Million White House Helipad

Analyst Ratings Changes

A number of analysts have recently commented on the stock. BNP Paribas Exane cut their price objective on shares of Lockheed Martin from $770.00 to $680.00 and set an “outperform” rating on the stock in a research report on Friday, April 24th. Wells Fargo & Company set a $575.00 price target on shares of Lockheed Martin in a research note on Wednesday. TD Cowen cut their price target on shares of Lockheed Martin from $670.00 to $600.00 and set a “hold” rating on the stock in a research report on Friday, April 24th. Weiss Ratings downgraded shares of Lockheed Martin from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday, June 9th. Finally, UBS Group decreased their price objective on Lockheed Martin from $683.00 to $538.00 in a report on Tuesday, June 30th. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, twelve have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $609.68.

Get Our Latest Stock Report on LMT

Lockheed Martin Stock Down 1.4%

The company has a current ratio of 1.14, a quick ratio of 0.94 and a debt-to-equity ratio of 2.74. The firm’s 50 day moving average price is $521.05 and its two-hundred day moving average price is $570.07. The company has a market capitalization of $121.66 billion, a price-to-earnings ratio of 25.55, a price-to-earnings-growth ratio of 0.97 and a beta of 0.11.

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

Lockheed Martin Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Monday, June 1st were issued a dividend of $3.45 per share. The ex-dividend date of this dividend was Monday, June 1st. This represents a $13.80 annualized dividend and a yield of 2.6%. Lockheed Martin’s dividend payout ratio (DPR) is currently 66.83%.

Hedge Funds Weigh In On Lockheed Martin

Several institutional investors and hedge funds have recently modified their holdings of LMT. Cerro Pacific Wealth Advisors LLC lifted its stake in shares of 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 buying an additional 16 shares during the last quarter. Garner Asset Management Corp raised its holdings in Lockheed Martin by 0.9% in the 4th quarter. Garner Asset Management Corp now owns 1,735 shares of the aerospace company’s stock valued at $839,000 after acquiring an additional 16 shares during the period. Davis R M Inc. raised its holdings in Lockheed Martin by 1.3% in the 4th quarter. Davis R M Inc. now owns 1,264 shares of the aerospace company’s stock valued at $612,000 after acquiring an additional 16 shares during the period. Broadway Wealth Solutions Inc. lifted its position in 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 acquiring an additional 17 shares during the last quarter. Finally, Aspire Growth Partners LLC lifted its position in 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 acquiring an additional 17 shares during the last quarter. 74.19% of the stock is currently owned by institutional investors and hedge funds.

About Lockheed Martin

(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.