Lockheed Martin (NYSE:LMT) Hits New 12-Month High – Here’s Why

Lockheed Martin Corporation (NYSE:LMT) shares hit a new 52-week high on Wednesday . The company traded as high as $597.34 and last traded at $596.8380, with a volume of 438163 shares. The stock had previously closed at $594.95.

Key Lockheed Martin News

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

• Positive Sentiment: Company outlook and defense demand — Lockheed gave an upbeat 2026 profit/revenue outlook and cited strong fighter-jet and missile demand alongside a record backlog that supports multi‑year revenue visibility. Reuters: Lockheed Martin forecasts upbeat 2026 profit, revenue
• Positive Sentiment: THAAD and production ramp — Lockheed signed a framework to quadruple THAAD interceptor output (to ~400/year) and will expand munitions capacity, a clear revenue/margin tailwind if sustained. PR Newswire: Lockheed Martin and U.S. Department of War sign framework agreement
• Positive Sentiment: Analyst price-target lifts — Several firms raised targets this morning (Truist to $695, JPMorgan to $680, TD Cowen to $670, RBC to $650), supporting the stock’s upside narrative. MarketScreener: Truist raises price target MarketScreener: JPMorgan raises price target MarketScreener: TD Cowen raises price target MarketScreener: RBC raises price target
• Neutral Sentiment: Q4 results were mixed — revenue and cash flow were strong and backlog is record‑high, but reported EPS comparisons and some measure revisions caused mixed headlines; investors are weighing growth vs. margin/earnings trajectory. PR Newswire: Q4 and FY2025 results
• Neutral Sentiment: FY2026 guidance: narrow differences vs. consensus — management issued EPS guidance of 29.35–30.25 and revenue guidance roughly $77.5B–$80.0B, close to Street expectations but leaving little margin for surprise; this reduces forecast risk but limits upside if growth slows. Reuters: Guidance details
• Negative Sentiment: Some analyst caution remains — Deutsche Bank raised its target but still implies a modest downside versus current levels, showing not all brokers see large incremental upside. MarketScreener: Deutsche Bank raises target but below current price
• Negative Sentiment: Insider selling flagged — recent disclosed insider sales (no purchases) could be read as minor negative signal for sentiment or liquidity needs. QuiverQuant: Q4 earnings and insider activity

Analyst Ratings Changes

Several equities research analysts have weighed in on LMT shares. Citigroup increased their price target on shares of Lockheed Martin from $505.00 to $592.00 and gave the company a “neutral” rating in a research report on Tuesday, January 13th. Morgan Stanley reissued an “equal weight” rating and issued a $543.00 price target (down from $630.00) on shares of Lockheed Martin in a research note on Tuesday, December 16th. The Goldman Sachs Group lifted their price objective on Lockheed Martin from $398.00 to $425.00 and gave the company a “sell” rating in a research report on Friday, October 10th. BNP Paribas Exane upped their target price on Lockheed Martin from $550.00 to $570.00 and gave the stock an “outperform” rating in a report on Thursday, January 8th. Finally, Truist Financial raised their target price on Lockheed Martin from $605.00 to $695.00 and gave the company a “buy” rating in a research note on Friday. Five research analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average target price of $577.29.

Lockheed Martin Trading Up 1.9%

The firm has a market capitalization of $146.78 billion, a PE ratio of 29.52, a P/E/G ratio of 1.78 and a beta of 0.24. The firm has a 50 day simple moving average of $509.69 and a 200 day simple moving average of $480.81. The company has a current ratio of 1.09, a quick ratio of 0.97 and a debt-to-equity ratio of 3.05.

Lockheed Martin (NYSE:LMT) last announced its quarterly earnings results on Thursday, January 29th. The aerospace company reported $5.80 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $6.33 by ($0.53). Lockheed Martin had a net margin of 6.69% and a return on equity of 108.53%. The business had revenue of $20.32 billion for the quarter, compared to the consensus estimate of $19.84 billion. During the same period in the previous year, the company earned $7.67 earnings per share. The company’s revenue for the quarter was up 9.1% compared to the same quarter last year. Equities analysts expect that Lockheed Martin Corporation will post 27.15 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Lockheed Martin

A number of large investors have recently bought and sold shares of the business. Broadway Wealth Solutions Inc. raised its holdings in Lockheed Martin by 3.6% during the fourth quarter. Broadway Wealth Solutions Inc. now owns 484 shares of the aerospace company’s stock worth $234,000 after purchasing an additional 17 shares in the last quarter. Newbridge Financial Services Group Inc. boosted its holdings in shares of Lockheed Martin by 3.2% in the 4th quarter. Newbridge Financial Services Group Inc. now owns 583 shares of the aerospace company’s stock valued at $282,000 after buying an additional 18 shares in the last quarter. McGlone Suttner Wealth Management Inc. grew its position in shares of Lockheed Martin by 2.0% in the 4th quarter. McGlone Suttner Wealth Management Inc. now owns 985 shares of the aerospace company’s stock valued at $476,000 after buying an additional 19 shares during the last quarter. Sheets Smith Wealth Management raised its stake in Lockheed Martin by 2.2% during the 4th quarter. Sheets Smith Wealth Management now owns 873 shares of the aerospace company’s stock worth $422,000 after acquiring an additional 19 shares in the last quarter. Finally, Fulton Breakefield Broenniman LLC lifted its position in Lockheed Martin by 2.3% in the fourth quarter. Fulton Breakefield Broenniman LLC now owns 852 shares of the aerospace company’s stock valued at $412,000 after acquiring an additional 19 shares during the last quarter. Hedge funds and other institutional investors own 74.19% of the company’s stock.

About Lockheed Martin

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.