Lockheed Martin downgraded by BofA Securities with a new price target
$LMT
Military/Government/Technical
Industrials
BofA Securities downgraded Lockheed Martin from Buy to Neutral and set a new price target of $485.00 from $685.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 4/16/2025 | $575.00 | Equal-Weight → Overweight | Morgan Stanley |
| 3/27/2025 | $550.00 → $480.00 | Outperform → Sector Perform | RBC Capital Mkts |
| 3/24/2025 | $685.00 → $485.00 | Buy → Neutral | BofA Securities |
| 3/24/2025 | Buy → Hold | Melius | |
| 1/14/2025 | $579.00 | Buy | Truist |
| 1/2/2025 | $611.00 → $523.00 | Buy → Hold | Deutsche Bank |
| 9/3/2024 | $704.00 | Hold → Buy | Melius |
| 8/5/2024 | $500.00 → $600.00 | Sector Perform → Outperform | RBC Capital Mkts |
8-K - LOCKHEED MARTIN CORP (0000936468) (Filer)
DEFA14A - LOCKHEED MARTIN CORP (0000936468) (Filer)
DEFA14A - LOCKHEED MARTIN CORP (0000936468) (Filer)
4 - LOCKHEED MARTIN CORP (0000936468) (Issuer)
4 - LOCKHEED MARTIN CORP (0000936468) (Issuer)
4 - LOCKHEED MARTIN CORP (0000936468) (Issuer)
SC 13G/A - LOCKHEED MARTIN CORP (0000936468) (Subject)
SC 13G/A - LOCKHEED MARTIN CORP (0000936468) (Subject)
SC 13G/A - LOCKHEED MARTIN CORP (0000936468) (Subject)
BETHESDA, Md., Dec. 3, 2024 /PRNewswire/ -- The Board of Directors at Lockheed Martin (NYSE:LMT) named Kevin O'Connor as the corporation's new senior vice president, general counsel and corporate secretary. Effective Jan. 13, O'Connor will succeed Maryanne Lavan, who plans to retire. O'Connor most recently served as senior vice president and chief legal officer for Carrier. "Kevin is a proven leader who brings insight, expertise, and a shared commitment to our 21st Century Security® vision. I look forward to working with him as we continue to prioritize strong governance and d
EL ALAMEIN, Egypt, Sept. 5, 2024 /PRNewswire/ -- The Egyptian Armed Forces announced today at the Egypt International Air Show that Lockheed Martin (NYSE: LMT) will deliver two C-130J-30 Super Hercules tactical airlifters to the Egyptian Air Force (EAF) through a Foreign Military Sale (FMS) with the U.S. Air Force. Egypt is the 23rd nation to join the worldwide Super Hercules operating community. Egypt is the 23rd nation to join the Super Hercules fleet with the acquisition of two C-130J-30 tactical airlifters.As the most advanced and proven tactical airlifter in the world, th
Announces Planned Retirements of Chairman Thomas O. Barnes and Lead Independent Director Mylle H. Mangum, and appointment of Richard Hipple as Chair Elect Appoints Irenic Capital Management Co-Founder Adam Katz to the Board Enters into Cooperation Agreement with Irenic Capital Management Barnes Group Inc. (NYSE:B), a global provider of highly engineered products, differentiated industrial technologies, and innovative solutions, today announced the planned retirements of Chairman Thomas O. Barnes and Lead Independent Director Mylle H. Mangum, consistent with the Company's corporate governance retirement policy, effective at the Company's Annual Meeting of Stockholders in May 2024. Mr.
BETHESDA, Md., April 1, 2025 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) will webcast live its first quarter 2025 earnings results conference call (listen-only mode) on Tuesday, April 22, 2025, at 11 a.m. ET. James Taiclet, chairman, president and CEO; Jay Malave, chief financial officer; and Maria Ricciardone, vice president, Treasurer and Investor Relations, will discuss first quarter 2025 results, provide updates on key topics and answer questions. First quarter 2025 results will be published prior to the market opening on April 22. The live webcast will be available at w
BETHESDA, Md., Jan. 28, 2025 /PRNewswire/ -- The Lockheed Martin Corporation (NYSE:LMT) board of directors has authorized a first quarter 2025 dividend of $3.30 per share. The dividend is payable on March 28, 2025, to holders of record as of the close of business on March 3, 2025. About Lockheed MartinLockheed Martin is a global defense technology company driving innovation and advancing scientific discovery. Our all-domain mission solutions and 21st Century Security® vision accelerate the delivery of transformative technologies to ensure those we serve always stay ahead of re
2024 net sales increased 5% to $71.0 billionRecorded pre-tax losses of $1.7 billion and $2.0 billion associated with classified programs in the fourth quarter and full year, which impacted earnings per share by $5.45 and $6.16Earnings per share of $2.22 in the fourth quarter and $22.31 in 2024, including impact of classified programs lossesCash from operations of $7.0 billion and free cash flow of $5.3 billion in 2024 after a pension contribution of $990 millionReturned $6.8 billion of cash to shareholders through dividends and share repurchases in 2024Record backlog of $176.0 billion at end of 20242025 financial outlook providedBETHESDA, Md., Jan. 28, 2025 /PRNewswire/ -- Lockheed Martin Co
Morgan Stanley upgraded Lockheed Martin from Equal-Weight to Overweight and set a new price target of $575.00
RBC Capital Mkts downgraded Lockheed Martin from Outperform to Sector Perform and set a new price target of $480.00 from $550.00 previously
BofA Securities downgraded Lockheed Martin from Buy to Neutral and set a new price target of $485.00 from $685.00 previously
Evan Scott, 26-year Company Veteran, Appointed by the Board as the new CFO Jesus "Jay" Malave to pursue other opportunities BETHESDA, Md., April 17, 2025 /PRNewswire/ -- Lockheed Martin (NYSE:LMT) has named Evan Scott as the company's senior vice president and chief financial officer (CFO) succeeding Jesus "Jay" Malave, who advised the company that he is pursuing other opportunities. Scott, a 26-year Lockheed Martin finance executive has served as the company's treasurer and the CFO of two business areas. The appointment is effective immediately. "Over his 26 years at Lockheed
LEEUWARDEN AIR BASE, Netherlands, April 14, 2025 /PRNewswire/ -- Lockheed Martin (NYSE:LMT) Skunk Works and the Royal Netherlands Air Force (RNLAF) showcased the first-ever live classified data share outside the United States between an F-35 in flight and Keystone, a Dutch Command and Control (C2) environment at Ramstein Flag, Multi-Domain Operations (MDO) exercise. In this real-time live fly exercise, Dutch F-35s operating in an Anti-Access Area Denial environment, successfully detected, identified, and passed targeting data on multiple simulated ground effectors via Multi
PALMDALE, Calif., April 14, 2025 /PRNewswire/ -- Lockheed Martin Skunk Works® (NYSE:LMT), the global technology company's advanced aerospace development division, in collaboration with Arquimea demonstrated an anomaly detection capability for Intelligence, Surveillance, and Reconnaissance (ISR) platforms as they scan a mission area. This cutting-edge capability reduces the number of scans by a sensor to identify unusual patterns or deviations from expected behavior in data, systems, or processes – specifically in the electro optical and infrared spectra – and dramatically impr