Lockheed Martin (NYSE:LMT) Reaches New 12-Month High – Should You Buy?

Shares of Lockheed Martin Corporation (NYSE:LMT) reached a new 52-week high on Friday . The company traded as high as $653.48 and last traded at $651.5180, with a volume of 306824 shares trading hands. The stock had previously closed at $637.43.

Trending Headlines about Lockheed Martin

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

• Positive Sentiment: New product/technology win — Lockheed’s Lamprey autonomous undersea vehicle highlights the company’s push into advanced autonomy and unmanned systems, which could expand addressable markets and secure new program awards. Lamprey Undersea Vehicle Puts Lockheed Martin Autonomy Focus In Spotlight
• Positive Sentiment: Defense sales tailwind — The U.S. notified Congress of about $22.5B in possible foreign military sales in January; industry reports name Lockheed among the largest potential beneficiaries, supporting near-term revenue and backlog growth. U.S. International Arms Deals Surge to $22.5 Billion in January
• Positive Sentiment: Sector fundamentals — Analysts note AI-driven tech demand and record defense backlogs that could lift defense suppliers like Lockheed through 2026, underpinning medium-term earnings visibility. Tech Boom & Defense Backlogs: 2 Sectors Poised to Outperform in 2026
• Neutral Sentiment: Market attention — LMT has been among the most-searched stocks on Zacks recently, signaling heightened investor interest that can amplify moves but isn’t directional by itself. Investors Heavily Search Lockheed Martin Corporation (LMT): Here is What You Need to Know
• Negative Sentiment: Analyst downgrade — A Seeking Alpha piece explains reasons for downgrading LMT (valuation/earnings concerns cited), which can pressure sentiment and cap multiple expansion. Lockheed Martin: Why I Am Downgrading This Aerospace And Defense Giant
• Negative Sentiment: Street stance — Recent consensus analyst guidance sits at a “Hold,” suggesting limited near-term upside from current levels until clearer earnings or contract catalysts appear. Lockheed Martin Corporation (NYSE:LMT) Given Consensus Recommendation of “Hold” by Analysts

Analysts Set New Price Targets

A number of equities research analysts have recently commented on LMT shares. Truist Financial increased their target price on Lockheed Martin from $605.00 to $695.00 and gave the stock a “buy” rating in a research note on Friday, January 30th. Deutsche Bank Aktiengesellschaft upped their price target on shares of Lockheed Martin from $492.00 to $611.00 and gave the stock a “hold” rating in a research note on Friday, January 30th. Robert W. Baird raised their price objective on shares of Lockheed Martin from $550.00 to $640.00 and gave the company an “outperform” rating in a research note on Friday, January 16th. DZ Bank downgraded shares of Lockheed Martin from a “buy” rating to a “hold” rating and set a $665.00 target price on the stock. in a research note on Tuesday, February 3rd. Finally, Citigroup increased their price target on shares of Lockheed Martin from $592.00 to $673.00 and gave the company a “neutral” rating in a report on Thursday, February 5th. Six investment analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $612.50.

Lockheed Martin Stock Up 2.3%

The company has a quick ratio of 0.94, a current ratio of 1.09 and a debt-to-equity ratio of 3.05. The company has a market cap of $150.11 billion, a PE ratio of 30.36, a PEG ratio of 1.18 and a beta of 0.23. The company’s fifty day moving average is $545.43 and its 200-day moving average is $494.21.

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

Lockheed Martin Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, March 27th. Shareholders of record on Monday, March 2nd will be given a $3.45 dividend. This represents a $13.80 annualized dividend and a yield of 2.1%. The ex-dividend date of this dividend is Monday, March 2nd. Lockheed Martin’s dividend payout ratio (DPR) is presently 64.22%.

Institutional Investors Weigh In On Lockheed Martin

Hedge funds and other institutional investors have recently made changes to their positions in the business. United Financial Planning Group LLC acquired a new position in shares of Lockheed Martin in the third quarter valued at about $25,000. Triumph Capital Management boosted its holdings in shares of Lockheed Martin by 66.7% in the 4th quarter. Triumph Capital Management now owns 55 shares of the aerospace company’s stock valued at $26,000 after acquiring an additional 22 shares during the last quarter. Grey Fox Wealth Advisors LLC acquired a new stake in shares of Lockheed Martin in the third quarter worth $27,000. Barnes Dennig Private Wealth Management LLC increased its stake 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 acquiring an additional 40 shares during the period. Finally, Mid American Wealth Advisory Group Inc. purchased a new position in shares of Lockheed Martin during the second quarter worth $28,000. Hedge funds and other institutional investors own 74.19% of the company’s stock.

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.