Fintel reports that on April 1, 2026, Wells Fargo initiated coverage of Lockheed Martin (NYSE:LMT) with a Equal-Weight recommendation.
Analyst Price Forecast Suggests 12.01% Upside
As of March 27, 2026, the average one-year price target for Lockheed Martin is $676.96/share. The forecasts range from a low of $522.17 to a high of $793.80. The average price target represents an increase of 12.01% from its latest reported closing price of $604.39 / share.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Lockheed Martin is 68,660MM, a decrease of 8.51%. The projected annual non-GAAP EPS is 37.22.
What is the Fund Sentiment?
There are 2,749 funds or institutions reporting positions in Lockheed Martin. This is an decrease of 823 owner(s) or 23.04% in the last quarter. Average portfolio weight of all funds dedicated to LMT is 0.28%, an increase of 23.23%. Total shares owned by institutions decreased in the last three months by 10.71% to 170,473K shares. 
The put/call ratio of LMT is 0.84, indicating a bullish outlook.
What are Other Shareholders Doing?
Charles Schwab Investment Management holds 8,639K shares representing 3.75% ownership of the company. In its prior filing, the firm reported owning 8,524K shares , representing an increase of 1.33%. The firm decreased its portfolio allocation in LMT by 4.41% over the last quarter.
Geode Capital Management holds 4,895K shares representing 2.12% ownership of the company. In its prior filing, the firm reported owning 4,885K shares , representing an increase of 0.20%. The firm decreased its portfolio allocation in LMT by 49.91% over the last quarter.
Bank Of America holds 2,995K shares representing 1.30% ownership of the company. In its prior filing, the firm reported owning 3,002K shares , representing a decrease of 0.23%. The firm decreased its portfolio allocation in LMT by 1.29% over the last quarter.
Wellington Management Group Llp holds 2,099K shares representing 0.91% ownership of the company. In its prior filing, the firm reported owning 2,385K shares , representing a decrease of 13.63%. The firm decreased its portfolio allocation in LMT by 14.64% over the last quarter.
Northern Trust holds 2,015K shares representing 0.87% ownership of the company. In its prior filing, the firm reported owning 2,090K shares , representing a decrease of 3.71%. The firm decreased its portfolio allocation in LMT by 80.80% over the last quarter.
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