Lockheed Martin (NYSE:LMT) Hits New 1-Year High – Still a Buy?

Lockheed Martin Corporation (NYSE:LMT)’s stock price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $646.59 and last traded at $632.6140, with a volume of 673882 shares. The stock had previously closed at $636.00.

Lockheed Martin News Roundup

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

• Positive Sentiment: Operational progress — Lockheed completed the first operational test phase for its A4 radar, a program milestone that supports near-term contract momentum and product credibility. Read More.
• Positive Sentiment: Multiple price-target increases — Several outlets published raised price targets (reports showing new targets at $650–$695), signaling continued analyst confidence in LMT’s medium-term upside. These lifts can support valuation sentiment despite recent volatility. Read More.
• Positive Sentiment: Lower short interest — Short interest fell ~14.8% in January, which reduces bearish positioning and can limit downside pressure from short covering dynamics. Read More.
• Positive Sentiment: Investor bull/value narratives — recent pieces from Zacks/MSN and a bullish Substack summary reiterate Lockheed’s long-term value and defensive/steady cash-flow characteristics, helping attract buy-and-hold and value-focused investors. Read More. | Read More. | Read More.
• Neutral Sentiment: Analyst hold ratings and balanced outlooks — UBS/TipRanks coverage maintained neutral/hold ratings citing solid segment growth but offsetting issues (pension normalization, delayed free-cash-flow inflection), which tempers upside expectations even as fundamentals look steady. Read More.
• Neutral Sentiment: Increased investor interest — Zacks highlighted LMT as a trending/most-searched stock, which can drive volume and short-term volatility but does not by itself determine direction. Read More.
• Negative Sentiment: Downgrade from DZ Bank — DZ Bank cut LMT from Buy to Hold (target $665), a move that likely pressured the stock intraday by reducing near-term conviction among some institutional holders despite the target still implying upside. Read More.

Analyst Ratings Changes

A number of equities analysts have commented on the stock. Citigroup boosted their price objective on shares of Lockheed Martin from $505.00 to $592.00 and gave the stock a “neutral” rating in a report on Tuesday, January 13th. Royal Bank Of Canada raised their target price on shares of Lockheed Martin from $615.00 to $650.00 and gave the stock a “sector perform” rating in a report on Friday. JPMorgan Chase & Co. lifted their price objective on shares of Lockheed Martin from $515.00 to $680.00 and gave the company a “neutral” rating in a research note on Friday. Wall Street Zen raised Lockheed Martin from a “buy” rating to a “strong-buy” rating in a research note on Saturday. Finally, Robert W. Baird increased their target price on Lockheed Martin from $550.00 to $640.00 and gave the company an “outperform” rating in a report on Friday, January 16th. Five research analysts have rated the stock with a Buy rating, fifteen have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $596.89.

Lockheed Martin Trading Down 1.5%

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 has a fifty day moving average price of $513.37 and a 200 day moving average price of $482.11. The company has a market capitalization of $144.08 billion, a P/E ratio of 29.00, a price-to-earnings-growth ratio of 1.81 and a beta of 0.23.

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

Hedge Funds Weigh In On Lockheed Martin

Hedge funds and other institutional investors have recently modified their holdings of the business. United Financial Planning Group LLC bought a new position in Lockheed Martin in the 3rd quarter worth approximately $25,000. Barnes Dennig Private Wealth Management LLC raised its holdings in shares of 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 valued at $27,000 after buying an additional 40 shares in the last quarter. Grey Fox Wealth Advisors LLC bought a new stake in shares of Lockheed Martin in the 3rd quarter worth approximately $27,000. Mid American Wealth Advisory Group Inc. purchased a new stake in Lockheed Martin during the second quarter valued at about $28,000. Finally, Twin Peaks Wealth Advisors LLC bought a new position in Lockheed Martin during the 2nd quarter worth approximately $29,000. 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.