<div id="readability-page-1"><p><span>Lockheed Martin (NYSE:LMT - Get Free Report)</span> was upgraded by equities researchers at Alembic Global Advisors from a &#34;neutral&#34; rating to an &#34;overweight&#34; rating in a research report issued on Thursday.</p><ul><li>New Global Deals Boost These 2 Defense Leaders</li></ul><p>Several other research firms have also recently issued reports on LMT. Royal Bank Of Canada decreased their price objective on Lockheed Martin from $480.00 to $440.00 and set a &#34;sector perform&#34; rating on the stock in a report on Wednesday, July 23rd. Cowen cut Lockheed Martin from a &#34;buy&#34; rating to a &#34;hold&#34; rating in a report on Thursday, July 10th. Sanford C. Bernstein  set a $551.00 price objective on Lockheed Martin and gave the stock a &#34;market perform&#34; rating in a report on Monday, July 14th. Truist Financial cut Lockheed Martin from a &#34;buy&#34; rating to a &#34;hold&#34; rating and decreased their price objective for the stock from $554.00 to $440.00 in a report on Wednesday, July 23rd. Finally, Vertical Research  restated a &#34;hold&#34; rating and set a $460.00 price objective on shares of Lockheed Martin in a report on Tuesday, July 22nd. One research analyst  has rated the stock with a Strong Buy rating, six have assigned  a Buy rating and fourteen have given a Hold rating to the stock. According to MarketBeat, the stock  has a consensus rating of &#34;Hold&#34; and a consensus target price of $506.35.</p><div><p><span></span><span>Get <strong>Lockheed Martin</strong> alerts:</span></p></div><p><b>Get Our Latest Stock Analysis on Lockheed Martin</b></p><h2>Lockheed Martin Price Performance</h2><ul><li>V2X Stock: Defense Underdog Riding a $4.3B Air Force Contract</li></ul><p>NYSE:LMT traded down $2.25 during trading hours on Thursday, reaching $452.22. 128,455 shares of the company traded hands, compared to its average volume of 1,657,434. The firm's 50-day moving average is $447.52 and its 200-day moving average is $456.40. The stock has a market cap of $105.57 billion, a P/E ratio of 25.46, a P/E/G ratio of 1.60 and a beta of 0.27. The company has a debt-to-equity ratio of 3.47, a current ratio of 0.98 and a quick ratio of 0.83. Lockheed Martin has a 1-year low of $410.11 and a 1-year high of $618.95. </p><p>Lockheed Martin (NYSE:LMT - Get Free Report) last announced its earnings results on Tuesday, July 22nd. The aerospace company reported $7.29 EPS for the quarter, beating analysts' consensus estimates of $6.57 by $0.72. The firm had revenue of $18.16 billion for the quarter, compared to analysts' expectations of $18.59 billion. Lockheed Martin had a return on equity of 107.60% and a net margin of 5.85%.Lockheed Martin's quarterly revenue was up .2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $7.11 EPS.  Lockheed Martin has set its FY 2025 guidance at 21.700-22.000 EPS. Equities research analysts expect that  Lockheed Martin will post 27.15 earnings per share for the current fiscal year. </p><h2>Institutional Trading of Lockheed Martin</h2><ul><li>Could Baker Hughes Be an Unlikely Winner in Drone Defense Boom?</li></ul><p>Hedge funds and other institutional investors have recently modified their holdings of the business. Mid American Wealth Advisory Group Inc. purchased a new stake in shares of  Lockheed Martin during the second quarter worth about $28,000.  Twin Peaks Wealth Advisors LLC purchased a new stake in shares of  Lockheed Martin during the second quarter worth about $29,000.  TruNorth Capital Management LLC acquired a new position in  Lockheed Martin in the first quarter worth about $31,000.  Heck Capital Advisors LLC acquired a new position in  Lockheed Martin in the fourth quarter worth about $35,000.  Finally, Frazier Financial Advisors LLC acquired a new position in  Lockheed Martin in the second quarter worth about $34,000. 74.19% of the stock is owned by hedge funds and other institutional investors. </p><h2>Lockheed Martin Company Profile</h2> (Get Free Report)<p>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.</p><h2>Recommended Stories</h2><ul><li>Five stocks we like better than Lockheed Martin</li><li>Dividend Screener: How to Evaluate Dividend Stocks Before Buying</li><li>NVIDIA Stock Could Pull Back in September, But Don’t Bet on It</li><li>What is the NASDAQ Stock Exchange?</li><li>3 of Qualcomm’s Technical Indicators Are Suddenly Flashing Green</li><li>REIT Stocks - Best REIT Stocks to Add to Your Portfolio Today</li><li>The Uber Eats Partnership Fueling Serve Robotics' Growth</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUxNVA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="330" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUxNVA"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Lockheed Martin Right Now?</h2><p>Before you consider Lockheed Martin, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Lockheed Martin wasn't on the list.</p><p>While Lockheed Martin currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Alembic Global Advisors upgraded Lockheed Martin's stock rating from "neutral" to "overweight." Other firms have varied opinions, with Royal Bank of Canada lowering its price target to $440 and Cowen downgrading to "hold." Lockheed Martin's stock is currently trading at $452.22, with a consensus rating of "Hold" and a target price of $506.35. The company reported $7.29 EPS for the last quarter, exceeding estimates, and has set FY 2025 guidance at 21.700-22.000 EPS.</p>

Lockheed Martin (NYSE:LMT) Stock Rating Upgraded by Alembic Global Advisors