Lockheed Martin (NYSE:LMT) Stock Price Up 2.5% – Should You Buy?

Shares of Lockheed Martin Corporation (NYSE:LMT) were up 2.5% during mid-day trading on Thursday . The stock traded as high as $669.75 and last traded at $666.2970. Approximately 1,340,941 shares traded hands during mid-day trading, a decline of 33% from the average daily volume of 1,993,461 shares. The stock had previously closed at $649.81.

Key Lockheed Martin News

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

• Positive Sentiment: Germany is reported to be considering purchasing more F‑35s and has effectively given the program a political green light, boosting expectations for incremental F‑35 orders and defense revenue for Lockheed. Germany weighs buying more Lockheed F-35 fighter jets – Reuters Why Lockheed Martin Stock Took Off Today
• Positive Sentiment: Lockheed won a contract to provide C‑130J aircrew training devices to the Royal Australian Air Force, a follow‑on services/maintenance training win that supports recurring revenue and strengthens ties with a key ally. Lockheed Martin Partners With Australia To Transform C-130J Aircrew Training
• Positive Sentiment: Longer‑term aerospace demand from NASA’s Artemis lunar program and broader defense modernization is cited as a tailwind for prime contractors including Lockheed, supporting growth narratives beyond near‑term orders. Fly Me To The Moon
• Neutral Sentiment: Management presented at Citi’s Global Industrial Tech & Mobility conference (slides and transcript available), offering investors updated strategy and portfolio commentary but no major new financial guidance. Lockheed Martin Presents at Citi’s Conference (Transcript)
• Neutral Sentiment: Analyst writeups and style/valuation pieces (Zacks, Yahoo/other aggregator pages) highlight Lockheed as a value/quality defense name given cash flow, dividend, and order backlog — supportive for longer‑term holders but not an immediate catalyst. Here’s Why Lockheed Martin (LMT) is a Strong Value Stock Lockheed Martin Stock: Analyst Estimates & Ratings
• Negative Sentiment: Lockheed’s Jan. 29 quarterly report showed revenue growth but an EPS miss versus consensus (quarterly EPS below estimates), which keeps a near‑term earnings risk premium on the stock and is a reminder to watch margin and segment profitability trends.

Analyst Ratings Changes

LMT has been the topic of a number of recent analyst reports. UBS Group lifted their price target on Lockheed Martin from $580.00 to $663.00 and gave the stock a “neutral” rating in a report on Monday, February 2nd. Truist Financial lifted 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. Weiss Ratings raised shares of Lockheed Martin from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, February 6th. BNP Paribas Exane raised their price objective on shares of Lockheed Martin from $550.00 to $570.00 and gave the stock an “outperform” rating in a report on Thursday, January 8th. Finally, The Goldman Sachs Group lifted their price objective on shares of Lockheed Martin from $464.00 to $517.00 and gave the stock a “sell” rating in a research report on Monday, February 2nd. Six equities research analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $612.50.

Lockheed Martin Price Performance

The stock has a market cap of $153.30 billion, a P/E ratio of 31.00, a price-to-earnings-growth ratio of 1.17 and a beta of 0.23. 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 business’s 50-day simple moving average is $556.48 and its two-hundred day simple moving average is $499.04.

Lockheed Martin (NYSE:LMT) last announced 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 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%. The business’s quarterly revenue was up 9.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $7.67 earnings per share. Sell-side analysts expect that Lockheed Martin Corporation will post 27.15 EPS for the current year.

Lockheed Martin Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, March 27th. Stockholders of record on Monday, March 2nd will be issued a $3.45 dividend. This represents a $13.80 dividend on an annualized basis and a dividend 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 Inflows and Outflows

Several large investors have recently added to or reduced their stakes in LMT. Cerro Pacific Wealth Advisors LLC increased its holdings in Lockheed Martin by 1.2% during the 4th quarter. Cerro Pacific Wealth Advisors LLC now owns 1,376 shares of the aerospace company’s stock worth $665,000 after acquiring an additional 16 shares during the period. Garner Asset Management Corp raised its holdings in shares of Lockheed Martin by 0.9% during the fourth quarter. Garner Asset Management Corp now owns 1,735 shares of the aerospace company’s stock valued at $839,000 after acquiring an additional 16 shares in the last quarter. Davis R M Inc. boosted its stake in shares of Lockheed Martin by 1.3% during the 4th quarter. Davis R M Inc. now owns 1,264 shares of the aerospace company’s stock valued at $612,000 after purchasing an additional 16 shares in the last quarter. Broadway Wealth Solutions Inc. increased its position in shares of Lockheed Martin by 3.6% during the fourth quarter. Broadway Wealth Solutions Inc. now owns 484 shares of the aerospace company’s stock valued at $234,000 after buying an additional 17 shares during the period. Finally, Aspire Growth Partners LLC lifted its stake in shares of Lockheed Martin by 0.7% in the 4th quarter. Aspire Growth Partners LLC now owns 2,515 shares of the aerospace company’s stock valued at $1,217,000 after purchasing an additional 17 shares during the period. 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.