Lockheed Martin Corporation (NYSE:LMT – Get Free Report)’s share price traded down 2.5% during mid-day trading on Tuesday . The company traded as low as $515.60 and last traded at $522.0740. 1,412,585 shares changed hands during mid-day trading, a decline of 4% from the average daily volume of 1,475,520 shares. The stock had previously closed at $535.40.
Key Headlines Impacting Lockheed Martin
Here are the key news stories impacting Lockheed Martin this week:
- Positive Sentiment: Lockheed Martin secured a second C-130J-30 Super Hercules order from Mexico, expanding the aircraft’s presence in Latin America and adding to international backlog. Mexico Expands C-130J Super Hercules Fleet with Second Aircraft
- Positive Sentiment: Analysts said Lockheed’s Missiles and Fire Control segment is entering a potential growth cycle, with higher PAC-3, THAAD and PrSM volumes lifting sales, profitability and backlog. The company also reportedly won a roughly $1.2 billion PrSM award. Is Lockheed Martin Entering a New Growth Cycle Through Missile Defense?
- Positive Sentiment: A framework agreement to accelerate production of the AIM-260 Joint Advanced Tactical Missile provides a long-term demand signal. Lockheed’s upfront investment could lead to a larger multiyear contract, although the timing and economics remain uncertain. Lockheed Martin Is Spending Ahead on JATM
- Positive Sentiment: Commentary argues that LMT’s shares may not fully reflect its substantial backlog and could benefit from a lengthy defense restocking cycle, improving the stock’s valuation appeal. Lockheed Martin Looks Undervalued in a Long Restocking Cycle
- Neutral Sentiment: Lockheed is contributing $10 million to a Canadian defense ecosystem led by Sentinel Advanced Military Solutions and the University of Alberta. The initiative may support future technology partnerships but is unlikely to materially affect near-term earnings. Quebec-Based Defence Company Launches Canada’s Integrated Defence Ecosystem
- Negative Sentiment: Bloomberg reported that Chinese authorities may possess F-35 components after a shipment was diverted in Hong Kong. The report raises security and supply-chain concerns around Lockheed’s flagship program, though no direct financial impact has been reported. Chinese Authorities Reportedly in Possession of F-35 Components
- Negative Sentiment: Defense stocks recently declined after reports that Iran could reopen the Strait of Hormuz if military pressure eases, reducing some geopolitical-risk premium across the sector. Defense Stocks Fall While Oil Slides on Hormuz Reopening Report
Wall Street Analyst Weigh In
A number of equities analysts recently commented on LMT shares. Citigroup raised their price target on shares of Lockheed Martin from $641.00 to $691.00 and gave the stock a “buy” rating in a research report on Thursday, August 13th. Wells Fargo & Company set a $600.00 target price on shares of Lockheed Martin in a report on Monday, July 27th. Weiss Ratings upgraded Lockheed Martin from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, August 13th. Sanford C. Bernstein reaffirmed a “market perform” rating on shares of Lockheed Martin in a research note on Friday, May 29th. Finally, Jefferies Financial Group restated a “hold” rating on shares of Lockheed Martin in a research report on Wednesday, September 2nd. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $637.56.
Lockheed Martin Stock Up 0.2%
The company has a debt-to-equity ratio of 2.34, a quick ratio of 1.01 and a current ratio of 1.19. The company has a market cap of $121.33 billion, a P/E ratio of 19.39, a price-to-earnings-growth ratio of 1.13 and a beta of 0.10. The firm’s 50 day moving average price is $557.17 and its two-hundred day moving average price is $557.98.
Lockheed Martin (NYSE:LMT – Get Free Report) last issued its quarterly earnings data on Thursday, July 23rd. The aerospace company reported $7.94 EPS for the quarter, topping analysts’ consensus estimates of $7.22 by $0.72. Lockheed Martin had a return on equity of 91.42% and a net margin of 8.16%.The firm had revenue of $20.06 billion during the quarter, compared to analyst estimates of $19.34 billion. During the same period in the previous year, the company posted $1.46 EPS. The company’s revenue for the quarter was up 10.5% on a year-over-year basis. Lockheed Martin has set its FY 2026 guidance at 29.950-30.650 EPS. Equities research analysts anticipate that Lockheed Martin Corporation will post 30.44 EPS for the current fiscal year.
Lockheed Martin Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Friday, September 25th. Shareholders of record on Tuesday, September 1st will be given a dividend of $3.45 per share. The ex-dividend date is Tuesday, September 1st. This represents a $13.80 annualized dividend and a dividend yield of 2.6%. Lockheed Martin’s dividend payout ratio is currently 50.87%.
Institutional Trading of Lockheed Martin
Institutional investors have recently added to or reduced their stakes in the stock. SG Americas Securities LLC lifted its position in Lockheed Martin by 5.4% in the 1st quarter. SG Americas Securities LLC now owns 276,383 shares of the aerospace company’s stock worth $167,043,000 after buying an additional 14,150 shares during the last quarter. Norris Financial Group LLC purchased a new stake in Lockheed Martin during the 1st quarter valued at $2,321,000. Legal Advantage Investments Inc. bought a new stake in Lockheed Martin in the 1st quarter worth $1,451,000. Deutsche Bank AG increased its position in shares of Lockheed Martin by 7.4% in the fourth quarter. Deutsche Bank AG now owns 1,440,840 shares of the aerospace company’s stock valued at $696,891,000 after acquiring an additional 99,403 shares during the period. Finally, Total Wealth Planning & Management Inc. bought a new position in shares of Lockheed Martin during the fourth quarter valued at approximately $2,103,000. Hedge funds and other institutional investors own 74.19% of the company’s stock.
About Lockheed Martin
Lockheed Martin Corporation is a global aerospace, defense and technology company that develops and produces systems for government and commercial customers, with the U.S. Department of Defense serving as its largest customer. Its principal business areas include Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space.
The company’s products and services include military aircraft such as the F-35 Lightning II, F-16 and C-130; air and missile defense systems; precision weapons; helicopters and maritime systems; radar, sensors and command-and-control technologies; satellites; space exploration systems; and missile-warning and strategic defense capabilities.
Lockheed Martin was created in 1995 through the merger of Lockheed Corporation and Martin Marietta.
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