Lockheed Martin (NYSE:LMT) Stock Price Down 1.4% – What’s Next?

Posted by Brian Himes on Jul 10th, 2026

Lockheed Martin Corporation (NYSE:LMT – Get Free Report)’s stock price dropped 1.4% on Wednesday . The stock traded as low as $525.35 and last traded at $527.6460. 926,373 shares changed hands during mid-day trading, a decline of 42% from the average session volume of 1,610,668 shares. The stock had previously closed at $535.38.

Trending Headlines about Lockheed Martin

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

Positive Sentiment: Several articles highlighted Lockheed Martin as a strong value stock versus peers, suggesting investors may see LMT as attractively priced relative to other aerospace and defense names. Article Title
Positive Sentiment: Commentary on the proposed 2027 defense budget and broader “allied play” theme reinforced the bullish case for defense contractors like LMT, supporting expectations for sustained demand. Article Title
Positive Sentiment: Lockheed Martin’s large backlog and new defense contracts were cited as evidence of a durable “moat,” which can help support revenue visibility and investor confidence. Article Title
Positive Sentiment: News that Goldman Sachs won a $70 billion retirement-asset mandate from Lockheed Martin may be viewed as a sign of strong capital management and a potentially favorable move for long-term financial operations. Article Title

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on LMT shares. Royal Bank Of Canada dropped their target price on shares of Lockheed Martin from $650.00 to $575.00 and set a “sector perform” rating for the company in a research report on Friday, April 24th. Bank of America cut their price objective on Lockheed Martin from $660.00 to $600.00 and set a “neutral” rating on the stock in a research report on Friday, April 24th. Deutsche Bank Aktiengesellschaft reduced their target price on Lockheed Martin from $615.00 to $575.00 and set a “hold” rating on the stock in a report on Friday, April 24th. Jefferies Financial Group set a $575.00 target price on Lockheed Martin in a research note on Thursday, June 25th. Finally, Wall Street Zen lowered Lockheed Martin from a “buy” rating to a “hold” rating in a research report on Saturday, April 25th. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $609.68.

Get Our Latest Analysis on Lockheed Martin

Lockheed Martin Stock Performance

The company has a market capitalization of $120.60 billion, a PE ratio of 25.33, a PEG ratio of 0.95 and a beta of 0.11. The business’s 50-day moving average is $521.44 and its 200-day moving average is $570.79. The company has a debt-to-equity ratio of 2.74, a quick ratio of 0.94 and a current ratio of 1.14.

Lockheed Martin (NYSE:LMT – Get Free Report) last announced its quarterly earnings data 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 during the quarter, compared to analysts’ expectations of $18.38 billion. During the same quarter last year, the company posted $7.28 EPS. Lockheed Martin’s revenue for the quarter was up .3% compared to the same quarter last year. Lockheed Martin has set its FY 2026 guidance at 29.350-30.250 EPS. On average, research analysts anticipate that Lockheed Martin Corporation will post 29.93 earnings per share for the current year.

Lockheed Martin Announces Dividend

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

Institutional Investors Weigh In On Lockheed Martin

Several hedge funds have recently added to or reduced their stakes in the stock. Diamant Asset Management Inc. boosted its stake in Lockheed Martin by 60,339.0% in the 1st quarter. Diamant Asset Management Inc. now owns 879,387 shares of the aerospace company’s stock worth $531,493,000 after purchasing an additional 877,932 shares in the last quarter. AQR Capital Management LLC increased its stake in 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 in the last quarter. Morgan Stanley raised its holdings in Lockheed Martin by 10.1% in the fourth 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 purchased a new position in Lockheed Martin in the third quarter worth about $252,699,000. Finally, Janus Henderson Group PLC lifted its stake in shares of Lockheed Martin by 3,497.5% in the first quarter. Janus Henderson Group PLC now owns 451,276 shares of the aerospace company’s stock worth $272,746,000 after buying an additional 438,732 shares in the last quarter. 74.19% of the stock is owned by institutional investors.

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.