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

Lockheed Martin Corporation (NYSE:LMT) reached a new 52-week high on Tuesday . The stock traded as high as $646.59 and last traded at $632.6140, with a volume of 673882 shares traded. The stock had previously closed at $636.00.

Key Headlines Impacting Lockheed Martin

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

• Positive Sentiment: Operational progress — Lockheed completed the first operational test phase for its A4 radar, a program milestone that supports near-term contract momentum and product credibility. Read More.
• Positive Sentiment: Multiple price-target increases — Several outlets published raised price targets (reports showing new targets at $650–$695), signaling continued analyst confidence in LMT’s medium-term upside. These lifts can support valuation sentiment despite recent volatility. Read More.
• Positive Sentiment: Lower short interest — Short interest fell ~14.8% in January, which reduces bearish positioning and can limit downside pressure from short covering dynamics. Read More.
• Positive Sentiment: Investor bull/value narratives — recent pieces from Zacks/MSN and a bullish Substack summary reiterate Lockheed’s long-term value and defensive/steady cash-flow characteristics, helping attract buy-and-hold and value-focused investors. Read More. | Read More. | Read More.
• Neutral Sentiment: Analyst hold ratings and balanced outlooks — UBS/TipRanks coverage maintained neutral/hold ratings citing solid segment growth but offsetting issues (pension normalization, delayed free-cash-flow inflection), which tempers upside expectations even as fundamentals look steady. Read More.
• Neutral Sentiment: Increased investor interest — Zacks highlighted LMT as a trending/most-searched stock, which can drive volume and short-term volatility but does not by itself determine direction. Read More.
• Negative Sentiment: Downgrade from DZ Bank — DZ Bank cut LMT from Buy to Hold (target $665), a move that likely pressured the stock intraday by reducing near-term conviction among some institutional holders despite the target still implying upside. Read More.

Wall Street Analyst Weigh In

Several research firms recently commented on LMT. Royal Bank Of Canada boosted their price objective on shares of Lockheed Martin from $615.00 to $650.00 and gave the stock a “sector perform” rating in a research note on Friday. Truist Financial raised their price objective on Lockheed Martin from $605.00 to $695.00 and gave the company a “buy” rating in a research report on Friday. BNP Paribas Exane boosted 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. Morgan Stanley restated an “equal weight” rating and set a $543.00 price target (down from $630.00) on shares of Lockheed Martin in a report on Tuesday, December 16th. Finally, Sanford C. Bernstein reissued a “market perform” rating and set a $586.00 price objective on shares of Lockheed Martin in a research report on Monday, January 12th. Five research analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Lockheed Martin presently has a consensus rating of “Hold” and an average price target of $596.89.

Lockheed Martin Stock Performance

The company has a current ratio of 1.09, a quick ratio of 0.94 and a debt-to-equity ratio of 3.05. The company has a market cap of $144.08 billion, a P/E ratio of 29.00, a PEG ratio of 1.81 and a beta of 0.23. The business’s 50 day simple moving average is $513.37 and its 200 day simple moving average is $482.11.

Lockheed Martin (NYSE:LMT) last posted its quarterly 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 business had revenue of $20.32 billion during the quarter, compared to analysts’ expectations of $19.84 billion. Lockheed Martin had a return on equity of 108.53% and a net margin of 6.69%.The firm’s revenue for the quarter was up 9.1% on a year-over-year basis. During the same period in the prior year, the firm posted $7.67 earnings per share. Sell-side analysts predict that Lockheed Martin Corporation will post 27.15 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. United Financial Planning Group LLC bought a new stake in Lockheed Martin in the third quarter worth about $25,000. Barnes Dennig Private Wealth Management LLC raised its holdings in shares of Lockheed Martin by 285.7% in the third quarter. Barnes Dennig Private Wealth Management LLC now owns 54 shares of the aerospace company’s stock worth $27,000 after buying an additional 40 shares during the period. Grey Fox Wealth Advisors LLC purchased a new stake in shares of Lockheed Martin in the third quarter worth approximately $27,000. Mid American Wealth Advisory Group Inc. bought a new stake in shares of Lockheed Martin during the 2nd quarter worth approximately $28,000. Finally, Twin Peaks Wealth Advisors LLC purchased a new position in Lockheed Martin during the 2nd quarter valued at $29,000. 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.