Lockheed Martin (NYSE:LMT) Reaches New 52-Week High – Should You Buy?

Shares of Lockheed Martin Corporation (NYSE:LMT) hit a new 52-week high during trading on Monday . The company traded as high as $692.00 and last traded at $676.5550, with a volume of 985747 shares trading hands. The stock had previously closed at $658.08.

Key Lockheed Martin News

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

• Positive Sentiment: Heightened geopolitical risk: U.S. and Israel strikes on Iran (including the reported death of Ayatollah Khamenei) have pushed investors into defense contractors as potential beneficiaries of sustained military spending and urgent procurement needs. Read More.
• Positive Sentiment: Operational relevance spotlighted: Reports say F‑35 jets were deployed in strikes tied to the Iran operations, underscoring Lockheed’s key platform role and supporting near‑term order and service demand expectations. Read More.
• Positive Sentiment: Sectorwide rally amplifies flows into LMT: Early‑morning/pre‑market coverage shows broad gains across U.S. and European defense stocks, which often lifts top-tier names like Lockheed via ETF and active manager reweights. Read More.
• Positive Sentiment: Fundamentals and backlog support: Recent quarterly data show revenue growth and a record backlog (~$194B noted in coverage), giving investors confidence that higher defense spending could convert into sustained top‑line wins for LMT. Read More.
• Neutral Sentiment: Mixed analyst views and price targets: Wall Street ratings remain mostly positive, but price targets vary materially — a reminder that upside expectations are not unanimous. Read More.
• Neutral Sentiment: Macro calendar and market sensitivity: Investors are also watching oil moves and upcoming US data (nonfarm payrolls), which could shift risk appetite and influence whether defense strength offsets broader equity selling. Read More.
• Negative Sentiment: Broader market/liquidity risk from higher oil and war spillovers: Oil price spikes and heightened global risk have pressured other sectors and can eventually weigh on overall market liquidity and multiples, limiting sustained upside for high‑beta or richly valued names. Read More.
• Negative Sentiment: Valuation and some near‑term headwinds: LMT trades at an elevated multiple vs. history, recent Q4 EPS missed consensus (though revenue beat), and public reports show insider selling — all potential reasons for profit‑taking after a fast run. Read More.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on LMT. Wall Street Zen cut shares of Lockheed Martin from a “strong-buy” rating to a “buy” rating in a report on Sunday, February 8th. Jefferies Financial Group boosted their price target on shares of Lockheed Martin from $540.00 to $630.00 and gave the company a “hold” rating in a report on Sunday, February 1st. TD Cowen raised their price objective on Lockheed Martin from $600.00 to $670.00 and gave the stock a “hold” rating in a research note on Friday, January 30th. JPMorgan Chase & Co. boosted their target price on Lockheed Martin from $515.00 to $680.00 and gave the company a “neutral” rating in a research note on Friday, January 30th. Finally, Royal Bank Of Canada raised their price target on Lockheed Martin from $615.00 to $650.00 and gave the stock a “sector perform” rating in a research report on Friday, January 30th. Six equities research analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $612.50.

Lockheed Martin Stock Performance

The firm has a market cap of $155.05 billion, a price-to-earnings ratio of 31.35, a price-to-earnings-growth ratio of 1.19 and a beta of 0.23. The stock has a 50-day moving average of $581.76 and a 200-day moving average of $510.69. The company has a debt-to-equity ratio of 3.05, a quick ratio of 0.94 and a current ratio of 1.09.

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

Lockheed Martin Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 27th. Shareholders of record on Monday, March 2nd will be paid a $3.45 dividend. This represents a $13.80 annualized dividend and a yield of 2.0%. The ex-dividend date is Monday, March 2nd. Lockheed Martin’s payout ratio is presently 64.22%.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of LMT. Vanguard Group Inc. increased its holdings in Lockheed Martin by 1.0% during the second quarter. Vanguard Group Inc. now owns 21,697,527 shares of the aerospace company’s stock worth $10,048,993,000 after buying an additional 214,565 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its position in shares of Lockheed Martin by 1.3% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 8,638,936 shares of the aerospace company’s stock valued at $4,178,399,000 after buying an additional 114,900 shares during the last quarter. Morgan Stanley lifted its position in shares of Lockheed Martin by 10.1% in the fourth quarter. Morgan Stanley now owns 5,728,551 shares of the aerospace company’s stock valued at $2,770,729,000 after buying an additional 527,523 shares during the last quarter. Geode Capital Management LLC boosted its stake in shares of Lockheed Martin by 0.4% during the 2nd quarter. Geode Capital Management LLC now owns 4,884,954 shares of the aerospace company’s stock worth $2,256,147,000 after acquiring an additional 19,459 shares during the period. Finally, Wellington Management Group LLP increased its holdings in shares of Lockheed Martin by 3.4% during the 3rd quarter. Wellington Management Group LLP now owns 2,384,753 shares of the aerospace company’s stock worth $1,190,493,000 after acquiring an additional 79,491 shares during the last quarter. 74.19% of the stock is currently owned by institutional investors.

Lockheed Martin Company Profile

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.