Zacks Research Raises Earnings Estimates for Lockheed Martin

Lockheed Martin Co. (NYSE:LMT) – Research analysts at Zacks Research increased their Q1 2025 earnings per share (EPS) estimates for Lockheed Martin in a research report issued on Thursday, December 5th. Zacks Research analyst R. Department now expects that the aerospace company will post earnings per share of $6.63 for the quarter, up from their prior forecast of $6.55. The consensus estimate for Lockheed Martin’s current full-year earnings is $26.94 per share. Zacks Research also issued estimates for Lockheed Martin’s Q2 2025 earnings at $7.35 EPS, Q3 2025 earnings at $7.18 EPS, Q2 2026 earnings at $7.75 EPS and Q3 2026 earnings at $7.49 EPS.

Lockheed Martin (NYSE:LMT) last posted its quarterly earnings results on Tuesday, October 22nd. The aerospace company reported $6.84 EPS for the quarter, topping the consensus estimate of $6.50 by $0.34. The company had revenue of $17.10 billion for the quarter, compared to the consensus estimate of $17.38 billion. Lockheed Martin had a net margin of 9.36% and a return on equity of 101.44%. The firm’s revenue was up 1.3% compared to the same quarter last year. During the same quarter last year, the firm posted $6.77 EPS.

Several other equities research analysts have also recently weighed in on LMT. Susquehanna lowered their target price on Lockheed Martin from $705.00 to $695.00 and set a “positive” rating for the company in a report on Wednesday, October 23rd. StockNews.com raised shares of Lockheed Martin from a “buy” rating to a “strong-buy” rating in a research note on Friday. Royal Bank of Canada cut their target price on shares of Lockheed Martin from $675.00 to $665.00 and set an “outperform” rating on the stock in a research report on Wednesday, October 23rd. UBS Group upped their price target on shares of Lockheed Martin from $589.00 to $603.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 23rd. Finally, TD Cowen lifted their price objective on shares of Lockheed Martin from $560.00 to $610.00 and gave the company a “buy” rating in a report on Wednesday, October 23rd. One equities research analyst has rated the stock with a sell rating, four have given a hold rating, eight have given a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $611.00.

Lockheed Martin Stock Down 0.6 %

Shares of NYSE:LMT opened at $510.20 on Monday. The business’s 50 day moving average is $561.02 and its 200 day moving average is $531.86. The stock has a market cap of $120.94 billion, a P/E ratio of 18.47, a price-to-earnings-growth ratio of 4.19 and a beta of 0.47. Lockheed Martin has a 52-week low of $413.92 and a 52-week high of $618.95. The company has a quick ratio of 1.12, a current ratio of 1.30 and a debt-to-equity ratio of 2.66.

Hedge Funds Weigh In On Lockheed Martin

Hedge funds and other institutional investors have recently modified their holdings of the stock. FFG Partners LLC raised its stake in shares of Lockheed Martin by 5.0% in the third quarter. FFG Partners LLC now owns 18,708 shares of the aerospace company’s stock worth $10,936,000 after purchasing an additional 886 shares during the last quarter. Beaird Harris Wealth Management LLC raised its position in Lockheed Martin by 196.0% during the 3rd quarter. Beaird Harris Wealth Management LLC now owns 148 shares of the aerospace company’s stock worth $87,000 after buying an additional 98 shares during the last quarter. American Trust lifted its stake in Lockheed Martin by 20.0% during the 3rd quarter. American Trust now owns 1,553 shares of the aerospace company’s stock valued at $908,000 after acquiring an additional 259 shares during the period. Old North State Trust LLC boosted its holdings in shares of Lockheed Martin by 4.3% in the 3rd quarter. Old North State Trust LLC now owns 745 shares of the aerospace company’s stock valued at $435,000 after acquiring an additional 31 shares during the last quarter. Finally, Synovus Financial Corp increased its stake in shares of Lockheed Martin by 4.2% in the third quarter. Synovus Financial Corp now owns 63,602 shares of the aerospace company’s stock worth $37,181,000 after acquiring an additional 2,558 shares during the period. 74.19% of the stock is owned by hedge funds and other institutional investors.

Lockheed Martin Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 27th. Investors of record on Monday, December 2nd will be given a dividend of $3.30 per share. This is a positive change from Lockheed Martin’s previous quarterly dividend of $3.15. This represents a $13.20 annualized dividend and a yield of 2.59%. The ex-dividend date of this dividend is Monday, December 2nd. Lockheed Martin’s dividend payout ratio is currently 47.79%.

Lockheed Martin Company Profile

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.