Lockheed Martin (NYSE:LMT) Given Neutral Rating at JPMorgan Chase & Co.

JPMorgan Chase & Co. reaffirmed their neutral rating on shares of Lockheed Martin (NYSE:LMT) in a report released on Friday morning, MarketBeat.com reports. They currently have a $515.00 target price on the aerospace company’s stock, up from their previous target price of $465.00.

A number of other equities research analysts have also weighed in on LMT. Citigroup assumed coverage on Lockheed Martin in a research note on Thursday, December 11th. They set a “neutral” rating and a $505.00 price target on the stock. Susquehanna boosted their target price on shares of Lockheed Martin from $490.00 to $590.00 and gave the stock a “positive” rating in a research report on Thursday, October 9th. UBS Group cut their price target on shares of Lockheed Martin from $514.00 to $513.00 and set a “neutral” rating on the stock in a research note on Wednesday, October 22nd. BNP Paribas Exane started coverage on shares of Lockheed Martin in a research note on Tuesday, November 18th. They set an “outperform” rating and a $550.00 price objective for the company. Finally, Wall Street Zen lowered shares of Lockheed Martin from a “strong-buy” rating to a “buy” rating in a report on Saturday, December 13th. Two equities research analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating, eighteen have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $506.67.

Lockheed Martin Price Performance

Shares of LMT opened at $473.70 on Friday. The company has a 50 day moving average of $472.58 and a two-hundred day moving average of $465.68. The company has a quick ratio of 0.97, a current ratio of 1.13 and a debt-to-equity ratio of 3.32. Lockheed Martin has a twelve month low of $410.11 and a twelve month high of $516.00. The company has a market cap of $109.61 billion, a price-to-earnings ratio of 26.45, a price-to-earnings-growth ratio of 1.42 and a beta of 0.24.

Lockheed Martin (NYSE:LMT) last posted its quarterly earnings data on Tuesday, October 21st. The aerospace company reported $6.95 earnings per share for the quarter, topping analysts’ consensus estimates of $6.33 by $0.62. Lockheed Martin had a return on equity of 111.84% and a net margin of 5.73%.The firm had revenue of $18.61 billion during the quarter, compared to analysts’ expectations of $18.45 billion. During the same quarter last year, the firm earned $6.84 EPS. The business’s quarterly revenue was up 8.8% on a year-over-year basis. Lockheed Martin has set its FY 2025 guidance at 22.150-22.350 EPS. As a group, analysts predict that Lockheed Martin will post 27.15 earnings per share for the current fiscal year.

Lockheed Martin Increases Dividend

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

Insiders Place Their Bets

In other Lockheed Martin news, COO John Frank A. St sold 7,792 shares of Lockheed Martin stock in a transaction on Thursday, October 23rd. The shares were sold at an average price of $491.04, for a total value of $3,826,183.68. Following the completion of the transaction, the chief operating officer owned 1 shares of the company’s stock, valued at approximately $491.04. The trade was a 99.99% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.14% of the company’s stock.

Hedge Funds Weigh In On Lockheed Martin

Several institutional investors and hedge funds have recently modified their holdings of LMT. Old North State Wealth Management LLC grew its holdings in Lockheed Martin by 2.0% in the third quarter. Old North State Wealth Management LLC now owns 1,073 shares of the aerospace company’s stock valued at $539,000 after purchasing an additional 21 shares during the period. Investment Advisory Services Inc. TX ADV lifted its position in shares of Lockheed Martin by 4.7% during the 2nd quarter. Investment Advisory Services Inc. TX ADV now owns 486 shares of the aerospace company’s stock valued at $225,000 after buying an additional 22 shares in the last quarter. Broadway Wealth Solutions Inc. grew its stake in Lockheed Martin by 4.5% in the 2nd quarter. Broadway Wealth Solutions Inc. now owns 511 shares of the aerospace company’s stock valued at $237,000 after acquiring an additional 22 shares during the period. GS Investments Inc. increased its holdings in Lockheed Martin by 1.0% in the 3rd quarter. GS Investments Inc. now owns 2,231 shares of the aerospace company’s stock worth $1,114,000 after acquiring an additional 22 shares in the last quarter. Finally, Davis Investment Partners LLC raised its position in Lockheed Martin by 2.0% during the second quarter. Davis Investment Partners LLC now owns 1,168 shares of the aerospace company’s stock worth $544,000 after acquiring an additional 23 shares during the period. Hedge funds and other institutional investors own 74.19% of the company’s stock.

Key Stores Impacting Lockheed Martin

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

• Positive Sentiment: Lockheed won a Space Development Agency contract for 18 missile‑tracking satellites (Tranche 3 Tracking Layer) with potential value >$1B — adds near‑term funded backlog, strengthens Lockheed’s space/missile‑defense revenue visibility. Lockheed Martin secures Tracking Layer contract from Space Development Agency
• Positive Sentiment: Skunk Works integrated XTEND’s OS into its MDCX autonomy platform to expand joint all‑domain C2 for multi‑class drones — a technology/competitive win that could support future program awards. Skunk Works® and XTEND Expand Joint All Domain Command and Control for Advanced Mission Execution
• Positive Sentiment: Rune Technologies joined Lockheed’s team on a $30M Army prototype for Next Generation Command & Control (NGC2), bolstering Lockheed’s position on a data‑centric Army effort. Rune Technologies Joins Lockheed Martin Team for Army’s Next Generation Command and Control Initiative
• Neutral Sentiment: Lockheed executed pension buy‑out conversions, transferring pension obligations to insurers — this reduces long‑term liabilities and volatility, though accounting and cash impacts are largely one‑time. Lockheed Martin Transfers Pension Obligations to Insurers
• Negative Sentiment: JPMorgan downgraded LMT to Neutral (from Overweight) — the move weighs on sentiment despite a higher $515 price target, signaling reduced conviction in near‑term upside. Lockheed Martin downgraded to neutral from overweight at JPMorgan
• Negative Sentiment: Morgan Stanley downgraded LMT to Hold — another analyst cut that can add selling pressure and reduce near‑term momentum. Lockheed Martin (LMT) was downgraded to a Hold Rating at Morgan Stanley
• Negative Sentiment: Zacks trimmed several near‑term EPS estimates (Q4/Q1 and FY revisions), and a Zacks‑driven Q1 EPS reduction was reported — small downward revisions that can temper consensus growth expectations. Lockheed Martin Q1 EPS Estimate Reduced by Zacks Research
• Negative Sentiment: Technical/flow pressure noted in market commentary and an Options Corner video highlights LMT lagging after analyst downgrades — indicative of increased short‑term selling interest. Options Corner: LMT Lags After Downgrade

Lockheed Martin Company Profile

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.