Lockheed Martin (LMT) – Research Analysts’ Weekly Ratings Updates

Several analysts have recently updated their ratings and price targets for Lockheed Martin (NYSE: LMT):

• 1/21/2025 – Lockheed Martin had its price target lowered by analysts at Citigroup Inc. from $700.00 to $600.00. They now have a “buy” rating on the stock.
• 1/16/2025 – Lockheed Martin had its price target lowered by analysts at JPMorgan Chase & Co. from $546.00 to $540.00. They now have an “overweight” rating on the stock.
• 1/14/2025 – Lockheed Martin is now covered by analysts at Truist Financial Co.. They set a “buy” rating and a $579.00 price target on the stock.
• 1/8/2025 – Lockheed Martin had its price target lowered by analysts at Susquehanna from $695.00 to $590.00. They now have a “positive” rating on the stock.
• 1/8/2025 – Lockheed Martin had its price target lowered by analysts at Wells Fargo & Company from $543.00 to $500.00. They now have an “equal weight” rating on the stock.
• 1/6/2025 – Lockheed Martin had its price target lowered by analysts at Barclays PLC from $565.00 to $515.00. They now have an “equal weight” rating on the stock.
• 1/3/2025 – Lockheed Martin was downgraded by analysts at StockNews.com from a “strong-buy” rating to a “buy” rating.
• 1/2/2025 – Lockheed Martin was downgraded by analysts at Deutsche Bank Aktiengesellschaft from a “buy” rating to a “hold” rating. They now have a $523.00 price target on the stock, down previously from $611.00.
• 12/17/2024 – Lockheed Martin was upgraded by analysts at StockNews.com from a “buy” rating to a “strong-buy” rating.
• 12/11/2024 – Lockheed Martin had its price target lowered by analysts at Wells Fargo & Company from $602.00 to $543.00. They now have an “equal weight” rating on the stock.
• 12/6/2024 – Lockheed Martin was upgraded by analysts at StockNews.com from a “buy” rating to a “strong-buy” rating.

Lockheed Martin Stock Performance

NYSE:LMT traded up $15.89 during trading hours on Tuesday, reaching $506.21. The company had a trading volume of 894,036 shares, compared to its average volume of 1,125,429. Lockheed Martin Co. has a 52 week low of $413.92 and a 52 week high of $618.95. The firm’s 50 day moving average price is $503.20 and its 200-day moving average price is $536.20. The company has a current ratio of 1.30, a quick ratio of 1.12 and a debt-to-equity ratio of 2.66. The firm has a market cap of $119.99 billion, a price-to-earnings ratio of 18.33, a PEG ratio of 3.96 and a beta of 0.48.

Lockheed Martin (NYSE:LMT) last issued its quarterly earnings data on Tuesday, October 22nd. The aerospace company reported $6.84 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $6.50 by $0.34. Lockheed Martin had a net margin of 9.36% and a return on equity of 101.44%. The firm had revenue of $17.10 billion during the quarter, compared to the consensus estimate of $17.38 billion. During the same quarter in the previous year, the firm posted $6.77 EPS. The company’s revenue for the quarter was up 1.3% compared to the same quarter last year. On average, analysts forecast that Lockheed Martin Co. will post 26.8 EPS for the current year.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of LMT. Pacer Advisors Inc. lifted its stake in Lockheed Martin by 7.3% in the 2nd quarter. Pacer Advisors Inc. now owns 25,279 shares of the aerospace company’s stock worth $11,808,000 after purchasing an additional 1,724 shares in the last quarter. Sei Investments Co. lifted its stake in Lockheed Martin by 60.2% in the 2nd quarter. Sei Investments Co. now owns 71,344 shares of the aerospace company’s stock worth $33,327,000 after purchasing an additional 26,797 shares in the last quarter. ProShare Advisors LLC lifted its stake in Lockheed Martin by 6.0% in the 2nd quarter. ProShare Advisors LLC now owns 33,727 shares of the aerospace company’s stock worth $15,754,000 after purchasing an additional 1,921 shares in the last quarter. Frank Rimerman Advisors LLC lifted its stake in Lockheed Martin by 52,325.0% in the 2nd quarter. Frank Rimerman Advisors LLC now owns 2,097 shares of the aerospace company’s stock worth $980,000 after purchasing an additional 2,093 shares in the last quarter. Finally, EverSource Wealth Advisors LLC lifted its stake in Lockheed Martin by 168.4% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 3,020 shares of the aerospace company’s stock worth $1,411,000 after purchasing an additional 1,895 shares in the last quarter. Institutional investors own 74.19% of the company’s stock.

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.