TD Cowen Boosts Lockheed Martin (NYSE:LMT) Price Target to $600.00

Lockheed Martin (NYSE:LMT) had its price target increased by equities research analysts at TD Cowen from $520.00 to $600.00 in a research report issued to clients and investors on Wednesday,MarketScreener reports. The firm presently has a “hold” rating on the aerospace company’s stock. TD Cowen’s price objective would suggest a potential upside of 3.83% from the company’s previous close.

Several other equities analysts have also recently issued reports on LMT. UBS Group upped their price target on shares of Lockheed Martin from $513.00 to $580.00 and gave the company a “neutral” rating in a research report on Thursday. Susquehanna restated a “positive” rating and issued a $660.00 price objective on shares of Lockheed Martin in a report on Thursday. Citigroup raised their target price on Lockheed Martin from $505.00 to $592.00 and gave the stock a “neutral” rating in a research report on Tuesday. Sanford C. Bernstein reiterated a “market perform” rating and issued a $586.00 price target on shares of Lockheed Martin in a research report on Monday. Finally, JPMorgan Chase & Co. reissued a “neutral” rating and issued a $515.00 price target (up previously from $465.00) on shares of Lockheed Martin in a research note on Friday, December 19th. Two analysts have rated the stock with a Strong Buy rating, five have given a Buy rating, sixteen have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $538.53.

Lockheed Martin Stock Up 0.9%

Shares of NYSE:LMT opened at $577.85 on Wednesday. Lockheed Martin has a 52-week low of $410.11 and a 52-week high of $579.60. The company has a market capitalization of $133.71 billion, a PE ratio of 32.26, a price-to-earnings-growth ratio of 1.63 and a beta of 0.24. The company has a debt-to-equity ratio of 3.32, a quick ratio of 0.97 and a current ratio of 1.13. The company has a fifty day moving average of $480.70 and a 200-day moving average of $470.95.

Lockheed Martin (NYSE:LMT) last released its quarterly earnings data on Tuesday, October 21st. The aerospace company reported $6.95 earnings per share for the quarter, beating the consensus estimate of $6.33 by $0.62. The company had revenue of $18.61 billion for the quarter, compared to the consensus estimate of $18.45 billion. Lockheed Martin had a return on equity of 111.84% and a net margin of 5.73%.Lockheed Martin’s revenue for the quarter was up 8.8% on a year-over-year basis. During the same quarter last year, the business posted $6.84 EPS. Lockheed Martin has set its FY 2025 guidance at 22.150-22.350 EPS. On average, equities analysts predict that Lockheed Martin will post 27.15 EPS for the current fiscal year.

Insider Transactions at Lockheed Martin

In other Lockheed Martin news, COO John Frank A. St sold 7,792 shares of the stock in a transaction that occurred on Thursday, October 23rd. The stock was sold at an average price of $491.04, for a total transaction of $3,826,183.68. Following the transaction, the chief operating officer directly owned 1 shares in the company, valued at approximately $491.04. This represents a 99.99% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.14% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of LMT. United Financial Planning Group LLC acquired a new position in shares of Lockheed Martin during the third quarter valued at about $25,000. Barnes Dennig Private Wealth Management LLC raised its stake in Lockheed Martin by 285.7% during the 3rd 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 acquired a new position in Lockheed Martin during the 3rd quarter worth approximately $27,000. Mid American Wealth Advisory Group Inc. bought a new position in Lockheed Martin in the second quarter worth approximately $28,000. Finally, Twin Peaks Wealth Advisors LLC acquired a new stake in Lockheed Martin in the second quarter valued at approximately $29,000. Institutional investors and hedge funds own 74.19% of the company’s stock.

Lockheed Martin News Roundup

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

• Positive Sentiment: TD Cowen raised its price target on LMT to $600 (maintains a Hold), signaling greater upside from current levels and lending near-term upward momentum. TD Cowen Adjusts Price Target
• Positive Sentiment: Market narratives and analyst pieces are emphasizing a potential large U.S. defense budget (reports around a $1.5T 2027 budget) that would be a structural tailwind for prime contractors like Lockheed. This macro story supports higher valuation expectations and contract visibility. Zacks on Defense Spending
• Positive Sentiment: Operational/contract news underpins revenue visibility: recent program wins and deliveries (including work on missile systems and continuing naval/helicopter deliveries) reinforce backlog and cash flow expectations. Example: a recent industry piece cites Lockheed program activity highlighted in a defense roundup. Defense Sector Strength
• Neutral Sentiment: Peer strength (e.g., L3Harris winning Pentagon business) is lifting sentiment across defense stocks; this is supportive for LMT but is an indirect driver rather than company-specific. L3Harris Pentagon Payload
• Neutral Sentiment: Media/analyst features (MarketBeat, MSN, Kalkine) are highlighting LMT’s improved relative strength and positioning in defensive portfolios — helpful for flows but not an immediate fundamental change. MSN: Improved Relative Strength
• Negative Sentiment: Zacks issued a series of mixed estimate revisions: they raised some near-term quarter and FY2026 EPS views but trimmed a few other quarter and FY2027 estimates slightly — a signal that forecasts are being fine‑tuned and not uniformly higher. This mixed guidance can temper upside surprise expectations.
• Negative Sentiment: Policy and regulatory headlines remain a risk: commentary about limiting buybacks and capping executive pay (and broader legislative scrutiny) could create headline volatility for defense names even if proposals are unlikely to become law. Benzinga: Defense Stocks & Policy Risks

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.