Lockheed Martin (NYSE:LMT) Research Coverage Started at Guggenheim

Posted by George Bondi on Nov 7th, 2026

Guggenheim began coverage on shares of Lockheed Martin (NYSE:LMT – Free Report) in a research report sent to investors on Wednesday, MarketBeat reports. The brokerage issued a buy rating and a $735.00 target price on the aerospace company’s stock.

A number of other research firms also recently weighed in on LMT. Wells Fargo & Company boosted their price target on shares of Lockheed Martin from $600.00 to $700.00 and gave the stock an “equal weight” rating in a research note on Monday, November 2nd. Morgan Stanley increased their price objective on shares of Lockheed Martin from $653.00 to $690.00 and gave the stock an “equal weight” rating in a research note on Friday, July 24th. Weiss Ratings raised Lockheed Martin from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, October 9th. Jefferies Financial Group restated a “hold” rating and set a $615.00 target price on shares of Lockheed Martin in a report on Sunday, October 25th. Finally, Royal Bank Of Canada upped their price target on Lockheed Martin from $550.00 to $600.00 and gave the company a “sector perform” rating in a research note on Friday, October 23rd. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Lockheed Martin currently has an average rating of “Moderate Buy” and an average price target of $647.00.

Read Our Latest Research Report on Lockheed Martin

Lockheed Martin Stock Down 1.7%

LMT opened at $566.43 on Wednesday. The company has a market capitalization of $130.85 billion, a P/E ratio of 20.12, a P/E/G ratio of 1.36 and a beta of 0.07. Lockheed Martin has a fifty-two week low of $437.25 and a fifty-two week high of $692.00. The stock has a fifty day moving average of $548.25 and a 200-day moving average of $569.65. The company has a debt-to-equity ratio of 2.04, a quick ratio of 1.10 and a current ratio of 1.26.

Lockheed Martin (NYSE:LMT – Get Free Report) last issued its quarterly earnings results on Thursday, October 22nd. The aerospace company reported $7.97 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $7.52 by $0.45. Lockheed Martin had a return on equity of 83.41% and a net margin of 8.23%. The firm had revenue of $20.71 billion during the quarter, compared to the consensus estimate of $20.48 billion. During the same quarter last year, the company posted $6.95 EPS. The company’s revenue for the quarter was up 11.3% on a year-over-year basis. On average, equities analysts expect that Lockheed Martin will post 30.66 EPS for the current year.

Lockheed Martin Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 31st. Investors of record on Tuesday, December 1st will be given a dividend of $3.60 per share. This is a boost from Lockheed Martin’s previous quarterly dividend of $3.45. The ex-dividend date is Tuesday, December 1st. This represents a $14.40 dividend on an annualized basis and a yield of 2.5%. Lockheed Martin’s dividend payout ratio is currently 49.02%.

Hedge Funds Weigh In On Lockheed Martin

A number of hedge funds and other institutional investors have recently made changes to their positions in LMT. BlackRock Inc. bought a new stake in shares of Lockheed Martin during the 2nd quarter valued at about $9,617,574,000. Corient Private Wealth LP acquired a new stake in Lockheed Martin during the 2nd quarter worth approximately $101,960,000. Bank of New York Mellon Corp acquired a new position in Lockheed Martin during the 2nd quarter valued at about $645,258,000. Legal & General Group Plc bought a new position in Lockheed Martin during the second quarter valued at approximately $497,469,000. Finally, Sanders Capital LLC grew its holdings in Lockheed Martin by 44.8% during the 3rd quarter. Sanders Capital LLC now owns 3,030,638 shares of the aerospace company’s stock worth $1,543,352,000 after acquiring an additional 937,105 shares during the last quarter. 74.19% of the stock is owned by hedge funds and other institutional investors.

Lockheed Martin News Summary

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

Positive Sentiment: Zacks says Lockheed Martin has gained 12% over six months, supported by a record backlog, global defense demand, major contracts and strategic acquisitions. It also describes the shares as trading at a discount to the industry, which could appeal to value-focused investors. Article: LMT Trades at a Discount to the Industry
Positive Sentiment: Industry earnings point to ongoing demand for conventional weapons as well as drones and advanced defense systems, a supportive backdrop for defense contractors, although the article does not provide Lockheed-specific results. Article: Defense earnings reveal a more complicated rearmament boom
Neutral Sentiment: Lockheed Martin is attracting increased attention from Zacks users, but the coverage does not identify a specific new company development driving that interest. Article: What to Know Beyond Why Lockheed Martin Is a Trending Stock
Negative Sentiment: Defense shares faced political and budget uncertainty after Democrats took control of Congress. Reports say a proposed $1.5 trillion defense budget request may be in jeopardy, raising questions about future spending and contributing to pressure on Lockheed Martin and other contractors. Article: Defense Stocks Sank as Democrats Took Congress
Negative Sentiment: Lockheed Martin agreed to pay $29.5 million to settle federal claims that it discriminated against white workers. The payment is a cost and may bring reputational scrutiny, though it is not presented as a change to the company’s operating outlook. Article: Lockheed Martin paying $29.5M settlement

Lockheed Martin Company Profile

(Get Free Report)

Lockheed Martin Corporation is a global security and aerospace company headquartered in Bethesda, Maryland. Formed in 1995 through the merger of Lockheed Corporation and Martin Marietta, the company develops and produces advanced defense, aerospace, and technology systems for government and commercial customers.

Its principal business areas include Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space. Products and services include military aircraft such as the F-35 Lightning II, C-130 Hercules, and F-16 Fighting Falcon; missile-defense and precision-strike systems; helicopters and naval systems; command, control, communications, and intelligence technologies; satellites; space exploration systems; and other classified space and defense programs.

Lockheed Martin serves the U.S.