Lockheed Martin (NYSE:LMT) Given New $661.00 Price Target at Sanford C. Bernstein

Lockheed Martin (NYSE:LMT) had its price objective increased by Sanford C. Bernstein from $654.00 to $661.00 in a research note released on Tuesday,MarketScreener reports. They currently have a market perform rating on the aerospace company’s stock.

Several other brokerages also recently commented on LMT. Wall Street Zen downgraded shares of Lockheed Martin from a “strong-buy” rating to a “buy” rating in a research report on Sunday, March 22nd. UBS Group boosted their price objective on shares of Lockheed Martin from $580.00 to $663.00 and gave the company a “neutral” rating in a research report on Monday, February 2nd. Susquehanna boosted their price objective on shares of Lockheed Martin from $725.00 to $740.00 and gave the company a “positive” rating in a research report on Wednesday, March 18th. Weiss Ratings upgraded shares of Lockheed Martin from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, March 23rd. Finally, Robert W. Baird boosted their price objective on shares of Lockheed Martin from $550.00 to $640.00 and gave the company an “outperform” rating in a research report on Friday, January 16th. 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.com, the company has an average rating of “Hold” and an average price target of $646.16.

Lockheed Martin Price Performance

LMT traded down $6.85 during trading on Tuesday, hitting $565.11. 277,891 shares of the stock traded hands, compared to its average volume of 1,715,750. Lockheed Martin has a twelve month low of $410.11 and a twelve month high of $692.00. The company has a market cap of $130.23 billion, a price-to-earnings ratio of 26.29, a PEG ratio of 1.04 and a beta of 0.23. The company has a debt-to-equity ratio of 3.05, a current ratio of 1.09 and a quick ratio of 0.94. The business has a 50 day moving average price of $634.73 and a 200 day moving average price of $553.07.

Lockheed Martin (NYSE:LMT) last announced its quarterly earnings data on Thursday, January 29th. The aerospace company reported $5.80 EPS for the quarter, missing the consensus estimate of $6.33 by ($0.53). Lockheed Martin had a net margin of 6.69% and a return on equity of 108.53%. The firm had revenue of $20.32 billion for the quarter, compared to analyst estimates of $19.84 billion. During the same quarter in the prior year, the firm earned $7.67 earnings per share. The firm’s revenue for the quarter was up 9.1% on a year-over-year basis. Equities research analysts forecast that Lockheed Martin will post 29.95 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. Stockholders of record on Monday, March 2nd were issued a dividend of $3.45 per share. The ex-dividend date was Monday, March 2nd. This represents a $13.80 annualized dividend and a dividend yield of 2.4%. Lockheed Martin’s dividend payout ratio is 64.22%.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Cerro Pacific Wealth Advisors LLC increased its holdings in shares of Lockheed Martin by 1.2% during the fourth 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 in the last quarter. Garner Asset Management Corp grew its stake in shares of Lockheed Martin by 0.9% in the fourth quarter. Garner Asset Management Corp now owns 1,735 shares of the aerospace company’s stock worth $839,000 after purchasing an additional 16 shares during the last quarter. Davis R M Inc. grew its stake in shares of Lockheed Martin by 1.3% in the fourth quarter. Davis R M Inc. now owns 1,264 shares of the aerospace company’s stock worth $612,000 after purchasing an additional 16 shares during the last quarter. Broadway Wealth Solutions Inc. grew its stake in shares of Lockheed Martin by 3.6% in 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 during the last quarter. Finally, Aspire Growth Partners LLC grew its stake in shares of Lockheed Martin by 0.7% in 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 during the last quarter. 74.19% of the stock is currently owned by institutional investors and hedge funds.

Lockheed Martin News Roundup

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

• Positive Sentiment: Successful GPS program milestone — Lockheed launched the final GPS III satellite and is moving the GPS IIIF line into production, a concrete win for its space backlog and near‑term revenue recognition. Lockheed Martin Launches GPS III Satellite
• Positive Sentiment: New contract awards — Lockheed announced roughly $137M in defense contract wins, supporting backlog and near‑term cash flow. Lockheed Martin wins $137M in defense contracts
• Positive Sentiment: Retail and market reaction — Social/retail chatter spiked (reported ~800%), and premarket commentary tied the stock lift to the GPS III launch and contract flow, amplifying short‑term buying interest. LMT stock sees over 800% jump in retail chatter
• Positive Sentiment: Program subcontract execution — General Atomics won a prime subcontract to deliver infrared payloads for Lockheed’s SDA tracking‑layer constellation, indicating healthy program momentum and partner execution. General Atomics to Deliver Infrared Payloads for Lockheed Martin’s SDA Contract
• Neutral Sentiment: Analyst coverage and valuation chatter — Multiple Zacks pieces and industry comparisons (including LMT vs. GD) highlight strong fundamentals, backlog and defense spending tailwinds but also note recent technical pullbacks ahead of Q1 results. These are informational rather than new company catalysts. LMT vs. GD: Which Defense Stock Looks More Attractive Right Now?
• Negative Sentiment: F‑35 lifetime cost scrutiny — A Business Insider analysis highlights the F‑35 program’s >$2 trillion lifetime cost and that ~75% of spending is sustainment. That raises political and budgetary scrutiny risk, and sustainment cost pressures could affect long‑term margins or contract renegotiations. Why Lockheed Martin’s $2 trillion F-35 program is so expensive

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.