Lockheed Martin (NYSE:LMT) Reaches New 12-Month High – Here’s What Happened

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

More 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.

Wall Street Analyst Weigh In

LMT has been the subject of a number of research analyst reports. Jefferies Financial Group raised their price target on Lockheed Martin from $540.00 to $630.00 and gave the company a “hold” rating in a research report on Sunday, February 1st. Morgan Stanley set a $675.00 target price on Lockheed Martin in a report on Wednesday, February 4th. Weiss Ratings raised Lockheed Martin from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, February 6th. Royal Bank Of Canada increased their price objective on Lockheed Martin from $615.00 to $650.00 and gave the company a “sector perform” rating in a research note on Friday, January 30th. Finally, The Goldman Sachs Group lifted their price objective on Lockheed Martin from $464.00 to $517.00 and gave the stock a “sell” rating in a research report on Monday, February 2nd. Six investment analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and one has issued a Sell rating to the company. According to 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 company has a 50 day moving average of $581.76 and a 200 day moving average of $510.69. 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 stock has a market capitalization 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.

Lockheed Martin (NYSE:LMT) last released its earnings results on Thursday, January 29th. The aerospace company reported $5.80 earnings per share (EPS) for the quarter, missing the consensus estimate of $6.33 by ($0.53). The company had revenue of $20.32 billion during the quarter, compared to analyst estimates 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% on a year-over-year basis. During the same period in the prior year, the business posted $7.67 earnings per share. As a group, equities research analysts forecast that Lockheed Martin Corporation will post 27.15 EPS for the current fiscal year.

Lockheed Martin Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, March 27th. Investors of record on Monday, March 2nd will be given a $3.45 dividend. This represents a $13.80 annualized dividend and a dividend yield of 2.0%. The ex-dividend date of this dividend is Monday, March 2nd. Lockheed Martin’s dividend payout ratio (DPR) is 64.22%.

Institutional Investors Weigh In On Lockheed Martin

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Carnegie Investment Counsel grew its holdings in Lockheed Martin by 11.4% during the 3rd quarter. Carnegie Investment Counsel now owns 29,639 shares of the aerospace company’s stock worth $14,796,000 after acquiring an additional 3,031 shares during the period. VCI Wealth Management LLC acquired a new stake in shares of Lockheed Martin during the third quarter worth $3,075,000. DAVENPORT & Co LLC grew its stake in shares of Lockheed Martin by 22.4% during the third quarter. DAVENPORT & Co LLC now owns 25,423 shares of the aerospace company’s stock worth $12,688,000 after purchasing an additional 4,652 shares during the period. Farther Finance Advisors LLC increased its holdings in Lockheed Martin by 29.2% in the third quarter. Farther Finance Advisors LLC now owns 10,036 shares of the aerospace company’s stock valued at $5,010,000 after purchasing an additional 2,270 shares during the last quarter. Finally, Oppenheimer & Co. Inc. lifted its stake in Lockheed Martin by 9.3% in the third quarter. Oppenheimer & Co. Inc. now owns 39,410 shares of the aerospace company’s stock valued at $19,674,000 after buying an additional 3,352 shares during the period. 74.19% of the stock is currently owned by institutional investors and hedge funds.

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.