Lockheed Martin (NYSE:LMT) Rating Increased to Strong-Buy at Wall Street Zen

Lockheed Martin (NYSE:LMT) was upgraded by investment analysts at Wall Street Zen from a “hold” rating to a “strong-buy” rating in a research report issued on Saturday.

LMT has been the subject of a number of other reports. Wells Fargo & Company set a $575.00 price objective on Lockheed Martin in a report on Wednesday, July 8th. Susquehanna cut their target price on Lockheed Martin from $740.00 to $700.00 and set a “positive” rating on the stock in a report on Friday, April 24th. Weiss Ratings lowered Lockheed Martin from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, July 17th. DZ Bank upgraded Lockheed Martin from a “hold” rating to a “strong-buy” rating in a research report on Thursday, April 30th. Finally, Jefferies Financial Group set a $575.00 price target on Lockheed Martin in a research note on Thursday, June 25th. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $624.94.

Lockheed Martin Stock Performance

Shares of LMT stock opened at $582.73 on Friday. The firm has a market capitalization of $134.35 billion, a price-to-earnings ratio of 21.48, a PEG ratio of 1.01 and a beta of 0.11. The company has a current ratio of 1.19, a quick ratio of 0.94 and a debt-to-equity ratio of 2.34. The business’s 50-day moving average price is $523.78 and its 200-day moving average price is $573.21. Lockheed Martin has a 12 month low of $412.55 and a 12 month high of $692.00.

Lockheed Martin (NYSE:LMT) last announced its quarterly earnings results on Thursday, July 23rd. The aerospace company reported $7.94 earnings per share (EPS) for the quarter, beating the consensus estimate of $7.22 by $0.72. The firm had revenue of $20.06 billion during the quarter, compared to analysts’ expectations of $19.34 billion. Lockheed Martin had a net margin of 8.16% and a return on equity of 91.42%. The company’s revenue was up 10.5% on a year-over-year basis. During the same period in the prior year, the company posted $1.46 EPS. Lockheed Martin has set its FY 2026 guidance at 29.950-30.650 EPS. Equities research analysts forecast that Lockheed Martin will post 30.05 EPS for the current year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Regent Peak Wealth Advisors LLC raised its stake in Lockheed Martin by 4.5% during the 2nd quarter. Regent Peak Wealth Advisors LLC now owns 1,513 shares of the aerospace company’s stock worth $771,000 after buying an additional 65 shares during the period. Wedge Capital Management L L P NC grew its stake in Lockheed Martin by 54.8% in the second quarter. Wedge Capital Management L L P NC now owns 148,418 shares of the aerospace company’s stock valued at $75,613,000 after acquiring an additional 52,559 shares during the period. Butensky & Cohen Financial Security Inc. increased its holdings in shares of Lockheed Martin by 2.3% during the second quarter. Butensky & Cohen Financial Security Inc. now owns 10,740 shares of the aerospace company’s stock valued at $5,472,000 after acquiring an additional 244 shares in the last quarter. Tema ETFs LLC increased its holdings in shares of Lockheed Martin by 12.3% during the second quarter. Tema ETFs LLC now owns 3,678 shares of the aerospace company’s stock valued at $1,874,000 after acquiring an additional 402 shares in the last quarter. Finally, G&S Capital LLC bought a new position in shares of Lockheed Martin in the 2nd quarter worth $236,000. 74.19% of the stock is owned by institutional investors.

Key Stories Impacting Lockheed Martin

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

• Positive Sentiment: Lockheed beat Q2 expectations with EPS of $7.94 and revenue of $20.06 billion, helped by 10.5% year-over-year sales growth. Reuters: Lockheed Martin lifts 2026 forecasts as Pentagon seeks to restock weapons
• Positive Sentiment: The company raised 2026 guidance for both sales and earnings, signaling management confidence in sustained demand and improved execution. PR Newswire: Lockheed Martin Reports Second Quarter 2026 Financial Results
• Positive Sentiment: Backlog hit a record $230 billion, boosted by major contracts such as the $35 billion THAAD interceptor award, giving investors long-term revenue visibility. Yahoo Finance: Lockheed Martin Says Record Backlog Will Fuel Sales Growth for Years to Come
• Positive Sentiment: Management highlighted expanding munitions production and broader defense demand, which should support future growth as the Pentagon replenishes weapons stockpiles. WSJ: Lockheed Martin Raises Full-Year Outlook on Continued Expansion of Munitions Production
• Neutral Sentiment: Lockheed also unveiled new missile-defense technology and continued investing ahead of contract awards, a strategic move that could help growth but adds some execution risk. Benzinga: Lockheed Isn’t Waiting For Pentagon Orders Anymore
• Negative Sentiment: Some analysts still caution that execution needs to stay consistent, so future gains may depend on whether management can keep deliveries, margins, and production ramp-ups on track. Yahoo Finance: Lockheed Martin Posted Strong Q2 Results but Execution Remains Key, RBC Says

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.