Lockheed Martin (NYSE:LMT) Trading Down 3.1% – Here’s What Happened

01 Apr 2026, 22:38 by Mitch Edgeman · The Markets Daily

Lockheed Martin Corporation (NYSE:LMT – Get Free Report)’s stock price was down 3.1% on Monday . The stock traded as low as $593.88 and last traded at $596.9730. Approximately 1,845,486 shares were traded during mid-day trading, a decline of 2% from the average daily volume of 1,879,029 shares. The stock had previously closed at $615.84.

Key Headlines Impacting Lockheed Martin

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

Positive Sentiment: Pentagon framework deal with Boeing and Lockheed boosts defense demand expectations; cited as the intraday catalyst lifting defense names. Boeing Gains 5%, Lockheed Martin Up 2%
Positive Sentiment: Framework to accelerate Precision Strike Missile production and multi‑year potential ramp supports long‑term revenue and capacity expansion narratives for Lockheed. A Look At Lockheed Martin (LMT) Valuation As Precision Strike Missile Production Ramps Up
Positive Sentiment: Operational investment: opening of a Rapid Fielding/rapid prototyping center signals faster development-to-production timelines—supports competitiveness on accelerated government acquisition schedules. Lockheed Martin Opens Rapid Fielding Center
Neutral Sentiment: Citigroup nudged its price target to $675 but kept a “neutral” rating; the raise provides incremental upside in analysts’ models but no change in conviction. Citigroup Adjusts Price Target on Lockheed Martin to $675
Neutral Sentiment: Wells Fargo initiated coverage with an “equal weight” rating and $650 target—adds institutional attention but does not change the street’s consensus outlook. Wells Fargo Coverage Note
Neutral Sentiment: Lockheed announced its Q1 2026 earnings webcast date (April 23); upcoming results create a short-term event risk/reward focus for traders. First-Quarter 2026 Earnings Webcast
Negative Sentiment: Political risk: President Trump’s remarks about possibly exiting NATO and pressuring allies have put defense contractors in the crosshairs—adds near‑term uncertainty about alliance-driven procurement and market sentiment. Trump Toys With NATO Exit: Defense Stocks In The Crosshairs
Negative Sentiment: Program and governance risk: reports of an Artemis program “reset” and a review of Lockheed’s Orion role raise the possibility of contract reshaping or lost scope with NASA. Lockheed Martin Faces Artemis Reset And Governance Questions
Negative Sentiment: Defense budget pressure: reports that the Pentagon halved the Air Force’s F‑35 order highlight procurement volatility and near‑term revenue risk for program participants. Pentagon Slashes F-35 Order

Analyst Ratings Changes

LMT has been the topic of a number of recent analyst reports. UBS Group upped their price objective on Lockheed Martin from $580.00 to $663.00 and gave the company a “neutral” rating in a report on Monday, February 2nd. DZ Bank downgraded Lockheed Martin from a “buy” rating to a “hold” rating and set a $665.00 target price on the stock. in a research report on Tuesday, February 3rd. Argus upped their price target on Lockheed Martin from $530.00 to $735.00 and gave the company a “buy” rating in a research note on Friday, March 6th. TD Cowen increased their price target on Lockheed Martin from $600.00 to $670.00 and gave the stock a “hold” rating in a report on Friday, January 30th. Finally, The Goldman Sachs Group raised their price objective on Lockheed Martin from $464.00 to $517.00 and gave the stock a “sell” rating in a research report on Monday, February 2nd. Seven investment analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Lockheed Martin has a consensus rating of “Hold” and an average target price of $634.74.

Get Our Latest Research Report on LMT

Lockheed Martin Price Performance

The company has a debt-to-equity ratio of 3.05, a current ratio of 1.09 and a quick ratio of 0.94. The stock has a 50 day moving average price of $634.31 and a two-hundred day moving average price of $539.67. The firm has a market capitalization of $142.57 billion, a price-to-earnings ratio of 28.79, a PEG ratio of 1.08 and a beta of 0.22.

Lockheed Martin (NYSE:LMT – Get Free Report) last announced its 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). The firm had revenue of $20.32 billion for the quarter, compared to analysts’ expectations of $19.84 billion. Lockheed Martin had a net margin of 6.69% and a return on equity of 108.53%. The business’s revenue was up 9.1% compared to the same quarter last year. During the same quarter last year, the business earned $7.67 earnings per share. As a group, analysts expect that Lockheed Martin Corporation will post 27.15 EPS for the current year.

Lockheed Martin Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Monday, March 2nd were paid a dividend of $3.45 per share. This represents a $13.80 annualized dividend and a yield of 2.2%. The ex-dividend date of this dividend was Monday, March 2nd. Lockheed Martin’s dividend payout ratio is presently 64.22%.

Hedge Funds Weigh In On Lockheed Martin

Several institutional investors have recently modified their holdings of LMT. J. Derek Lewis & Associates Inc. acquired a new stake in Lockheed Martin in the 4th quarter valued at about $203,000. Purpose Unlimited Inc. purchased a new stake in shares of Lockheed Martin during the fourth quarter worth approximately $312,000. Rockefeller Capital Management L.P. raised its holdings in Lockheed Martin by 10.5% in the fourth quarter. Rockefeller Capital Management L.P. now owns 121,521 shares of the aerospace company’s stock valued at $58,776,000 after acquiring an additional 11,573 shares in the last quarter. World Investment Advisors raised its holdings in Lockheed Martin by 54.7% in the fourth quarter. World Investment Advisors now owns 14,739 shares of the aerospace company’s stock valued at $7,129,000 after acquiring an additional 5,214 shares in the last quarter. Finally, Nalls Sherbakoff Group LLC purchased a new position in Lockheed Martin in the fourth quarter worth approximately $318,000. Institutional investors and hedge funds own 74.19% of the company’s stock.

Lockheed Martin Company Profile

(Get Free Report)

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.