Lockheed Martin Q1 EPS Estimate Reduced by Zacks Research

Lockheed Martin Corporation (NYSE:LMT) – Investment analysts at Zacks Research decreased their Q1 2026 earnings per share estimates for shares of Lockheed Martin in a report issued on Monday, December 15th. Zacks Research analyst Team now forecasts that the aerospace company will post earnings per share of $6.93 for the quarter, down from their previous estimate of $6.98. The consensus estimate for Lockheed Martin’s current full-year earnings is $27.15 per share. Zacks Research also issued estimates for Lockheed Martin’s Q2 2026 earnings at $7.18 EPS, Q3 2026 earnings at $7.41 EPS, Q1 2027 earnings at $6.51 EPS and FY2027 earnings at $31.51 EPS.

Several other research firms have also recently commented on LMT. Truist Financial lifted their target price on shares of Lockheed Martin from $440.00 to $500.00 and gave the stock a “hold” rating in a research report on Wednesday, October 15th. Wall Street Zen downgraded Lockheed Martin from a “strong-buy” rating to a “buy” rating in a research report on Saturday, December 13th. Alembic Global Advisors raised Lockheed Martin from a “neutral” rating to an “overweight” rating in a research report on Thursday, August 28th. UBS Group decreased their target price on Lockheed Martin from $514.00 to $513.00 and set a “neutral” rating for the company in a research report on Wednesday, October 22nd. Finally, Morgan Stanley reiterated an “equal weight” rating and set a $543.00 target price (down from $630.00) on shares of Lockheed Martin in a research note on Tuesday. Two investment analysts have rated the stock with a Strong Buy rating, five have given a Buy rating, seventeen have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Lockheed Martin currently has a consensus rating of “Hold” and an average target price of $503.89.

Lockheed Martin Trading Down 1.1%

Shares of LMT stock opened at $469.80 on Wednesday. Lockheed Martin has a 52-week low of $410.11 and a 52-week high of $516.00. The company has a debt-to-equity ratio of 3.32, a quick ratio of 0.97 and a current ratio of 1.13. The company has a 50-day simple moving average of $473.21 and a two-hundred day simple moving average of $465.72. The company has a market capitalization of $108.71 billion, a price-to-earnings ratio of 26.23, a PEG ratio of 1.44 and a beta of 0.24.

Lockheed Martin (NYSE:LMT) last posted its earnings results on Tuesday, October 21st. The aerospace company reported $6.95 earnings per share (EPS) for the quarter, topping the consensus estimate of $6.33 by $0.62. Lockheed Martin had a net margin of 5.73% and a return on equity of 111.84%. The firm had revenue of $18.61 billion during the quarter, compared to analyst estimates of $18.45 billion. During the same quarter in the prior year, the business posted $6.84 EPS. The business’s revenue was up 8.8% compared to the same quarter last year. Lockheed Martin has set its FY 2025 guidance at 22.150-22.350 EPS.

Hedge Funds Weigh In On Lockheed Martin

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Empowered Funds LLC lifted its position in shares of Lockheed Martin by 21.2% during the first quarter. Empowered Funds LLC now owns 40,380 shares of the aerospace company’s stock worth $18,038,000 after acquiring an additional 7,052 shares in the last quarter. Laffer Tengler Investments Inc. raised its stake in shares of Lockheed Martin by 482.6% during the 2nd quarter. Laffer Tengler Investments Inc. now owns 6,979 shares of the aerospace company’s stock valued at $3,232,000 after purchasing an additional 5,781 shares during the period. Modera Wealth Management LLC raised its stake in shares of Lockheed Martin by 3.1% during the 2nd quarter. Modera Wealth Management LLC now owns 32,333 shares of the aerospace company’s stock valued at $14,975,000 after purchasing an additional 971 shares during the period. Founders Capital Management lifted its holdings in Lockheed Martin by 46.9% during the 2nd quarter. Founders Capital Management now owns 14,568 shares of the aerospace company’s stock worth $6,747,000 after purchasing an additional 4,648 shares in the last quarter. Finally, Steward Partners Investment Advisory LLC boosted its stake in Lockheed Martin by 10.5% in the 2nd quarter. Steward Partners Investment Advisory LLC now owns 49,092 shares of the aerospace company’s stock worth $22,737,000 after purchasing an additional 4,672 shares during the period. Institutional investors own 74.19% of the company’s stock.

Insider Buying and Selling at Lockheed Martin

In related news, COO John Frank A. St sold 7,792 shares of Lockheed Martin stock in a transaction dated Thursday, October 23rd. The stock was sold at an average price of $491.04, for a total value of $3,826,183.68. Following the completion of the sale, the chief operating officer owned 1 shares of the company’s stock, valued at approximately $491.04. This trade represents a 99.99% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Insiders own 0.14% of the company’s stock.

Lockheed Martin Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 30th. Stockholders of record on Monday, December 1st will be given a dividend of $3.45 per share. The ex-dividend date of this dividend is Monday, December 1st. This represents a $13.80 dividend on an annualized basis and a dividend yield of 2.9%. This is a boost from Lockheed Martin’s previous quarterly dividend of $3.30. Lockheed Martin’s payout ratio is currently 77.05%.

About Lockheed Martin

Lockheed Martin Corporation, a security and aerospace company, engages in the research, design, development, manufacture, integration, and sustainment of technology systems, products, and services worldwide. The company operates through Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space segments.