Lockheed Martin (NYSE:LMT – Get Free Report) had its target price increased by equities research analysts at Susquehanna from $725.00 to $740.00 in a report issued on Wednesday,Benzinga reports. The brokerage currently has a “positive” rating on the aerospace company’s stock. Susquehanna’s price objective indicates a potential upside of 16.31% from the stock’s previous close.
Other analysts also recently issued research reports about the company. Robert W. Baird lifted their price target on Lockheed Martin from $550.00 to $640.00 and gave the company an “outperform” rating in a research report on Friday, January 16th. Sanford C. Bernstein reissued a “market perform” rating and issued a $654.00 price target on shares of Lockheed Martin in a research note on Friday, February 6th. JPMorgan Chase & Co. raised their price objective on shares of Lockheed Martin from $515.00 to $680.00 and gave the company a “neutral” rating in a research report on Friday, January 30th. Wall Street Zen upgraded shares of Lockheed Martin from a “buy” rating to a “strong-buy” rating in a research report on Saturday, March 14th. Finally, Royal Bank Of Canada raised their price target on Lockheed Martin from $615.00 to $650.00 and gave the company a “sector perform” rating in a research report on Friday, January 30th. Six equities research analysts have rated the stock with a Buy rating, fifteen have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Lockheed Martin has an average rating of “Hold” and an average price target of $623.16.
Read Our Latest Stock Report on LMT
Lockheed Martin Stock Performance
Lockheed Martin (NYSE:LMT – Get Free Report) last released its quarterly earnings results on Thursday, January 29th. The aerospace company reported $5.80 EPS for the quarter, missing analysts’ consensus estimates 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 analysts’ expectations of $19.84 billion. During the same quarter last 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. Analysts predict that Lockheed Martin will post 27.15 earnings per share for the current fiscal year.
Hedge Funds Weigh In On Lockheed Martin
A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Charles Schwab Investment Management Inc. lifted its position in shares of Lockheed Martin by 1.3% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 8,638,936 shares of the aerospace company’s stock worth $4,178,399,000 after purchasing an additional 114,900 shares during the period. Morgan Stanley lifted its holdings in Lockheed Martin by 10.1% in the fourth quarter. Morgan Stanley now owns 5,728,551 shares of the aerospace company’s stock worth $2,770,729,000 after buying an additional 527,523 shares during the period. Wellington Management Group LLP boosted its position in Lockheed Martin by 3.4% during the 3rd quarter. Wellington Management Group LLP now owns 2,384,753 shares of the aerospace company’s stock valued at $1,190,493,000 after acquiring an additional 79,491 shares in the last quarter. Invesco Ltd. grew its holdings in shares of Lockheed Martin by 4.2% during the 3rd quarter. Invesco Ltd. now owns 2,196,058 shares of the aerospace company’s stock worth $1,096,294,000 after acquiring an additional 87,663 shares during the period. Finally, Franklin Resources Inc. raised its position in shares of Lockheed Martin by 0.6% in the 4th quarter. Franklin Resources Inc. now owns 1,670,284 shares of the aerospace company’s stock worth $807,866,000 after acquiring an additional 10,349 shares in the last quarter. Institutional investors own 74.19% of the company’s stock.
Trending Headlines about Lockheed Martin
Here are the key news stories impacting Lockheed Martin this week:
- Positive Sentiment: Pentagon seeks a roughly $200 billion supplemental tied to the Iran conflict, a request that would drive near-term replenishment and new procurement for missile/air-defense systems that benefit Lockheed’s core businesses. Pentagon Seeks $200 Billion for Iran War
- Positive Sentiment: Susquehanna raised its price target on LMT to $740 and kept a positive rating, signaling analyst confidence and adding upside to investor estimates. Benzinga Report
- Positive Sentiment: Greece’s $36 billion air-defense plan includes orders for Lockheed equipment — a revenue tailwind but described as incremental rather than transformational for the company’s shares. Will Greece’s New Air Defense Plan Boost Lockheed Martin’s Stock?
- Positive Sentiment: Lockheed has a tactical contract to integrate Fortem Technologies’ counter‑drone sensors and interceptors with its Sanctum C‑UAS software — a small but strategic move into layered infrastructure protection. Lockheed Martin Selects Fortem Technologies
- Positive Sentiment: Analysis arguing a “missile-defense supercycle” from drone and Shahed-style threats highlights Lockheed’s large backlog and program exposure (THAAD, PAC‑3), supporting a longer‑term growth thesis. The Shahed Drone War Is Creating A Missile Defense Supercycle
- Neutral Sentiment: Defense-sector momentum and ETFs are rallying amid geopolitical risk, lifting peers and creating a positive backdrop for Lockheed; this is macro-driven and may or may not translate to outsized LMT moves. Defense Stocks Are Surging and This ETF Lets You Collect Dividends
- Neutral Sentiment: A range of aerospace/space items (e.g., Firefly’s flight return) and broader sector headlines are in play but have limited direct impact on Lockheed’s large prime-contractor profile. Firefly Aerospace Announces Fourth Quarter Results
- Negative Sentiment: Program-level execution risk: the Army’s Dark Eagle hypersonic program (led by Lockheed) is being positioned for near-term deployment but Pentagon testing reports flag insufficient data and past test/production issues — a source of investor uncertainty on timelines and costs. Army Says Dark Eagle Hypersonic Deployment Is Weeks Away
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.
See Also
Receive News & Ratings for Lockheed Martin Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lockheed Martin and related companies with MarketBeat.com's FREE daily email newsletter.
