Lockheed Martin (NYSE:LMT) Shares Up 2.6% - Still a Buy?

Key Points

• Stock up 2.6% to about $672 as investor optimism was boosted by a White House push for defense companies to ramp production and by heightened geopolitical tensions that could drive near‑term demand for missiles, jets and munitions.
• Analysts are mixed: several firms have raised price targets (e.g., JPMorgan to $680, Truist to $695) but the MarketBeat consensus remains a "Hold" with a $612.50 target, reflecting divergent views on near‑term upside.
• Operationally Lockheed beat revenue estimates ($20.32B) but missed EPS ($5.80 vs. $6.33), and it pays a quarterly dividend of $3.45 (annualized yield ~2.1%); market cap is roughly $154.6B with a P/E around 31.

Lockheed Martin Corporation (NYSE:LMT - Get Free Report) traded up 2.6% during trading on Friday . The stock traded as high as $672.86 and last traded at $672.02. 1,859,729 shares traded hands during trading, a decline of 5% from the average session volume of 1,953,919 shares. The stock had previously closed at $655.00.

Key Lockheed Martin News

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

• Positive Sentiment: White House meeting: President Trump urged defense CEOs to boost manufacturing and said companies agreed to "quadruple production" of key weaponry—this direct call for faster output supports expectations of larger government orders and helped lift defense names including LMT. Trump says defense CEOs agree to quadruple production of `Exquisite Class' weaponry
• Positive Sentiment: Market reaction / headlines: Coverage noting "missiles not dividends" and reports that RTX and LMT rose after the White House push amplified the sector rally and investor focus on production and restocking demand. ‘Missiles Not Dividends’: Trump Tells Defense Stocks to Ramp Up Production – RTX and LMT Rise
• Positive Sentiment: Operational developments: Cancellation of a major 82nd Airborne training exercise stoked speculation of possible deployments—signals that could translate into more near‑term demand for platforms and munitions where Lockheed is a key supplier. Army Cancels 82nd Airborne Training Exercise as Iran Conflict Escalates, No Ground Deployment Orders Issued
• Positive Sentiment: Analyst/sector notes: Strategy pieces and lists of defense stocks to watch emphasize stronger demand for fighter jets, missiles and air‑defense systems—supporting LMT’s growth outlook if the conflict persists and restocking accelerates. 3 Defense Stocks to Watch Amid Rising Middle East Tensions
• Neutral Sentiment: Longer‑term tech investments: Lockheed’s new terahertz sensing and quantum ML collaborations signal R&D and capability expansion that support the company’s secure backlog and long‑term competitive position, but these are multi‑year catalysts rather than immediate revenue drivers. Lockheed Martin Bets On Terahertz Sensing And Quantum Machine Learning
• Neutral Sentiment: Background/market context: Articles highlighting past returns and sector overviews (e.g., retrospective investment pieces, space stock lists) provide context for investor interest but are less likely to change near‑term fundamentals. Had You Invested $1,000 in Northrop Grumman or Lockheed Martin a Decade Ago, Here’s What You’d Have Now

Analyst Ratings Changes

Several equities research analysts recently issued reports on the stock. Deutsche Bank Aktiengesellschaft lifted their price target on shares of Lockheed Martin from $492.00 to $611.00 and gave the company a "hold" rating in a report on Friday, January 30th. Weiss Ratings raised shares of Lockheed Martin from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Friday, February 6th. JPMorgan Chase & Co. upped their price target on shares of Lockheed Martin from $515.00 to $680.00 and gave the stock a "neutral" rating in a report on Friday, January 30th. Royal Bank Of Canada raised their price objective on Lockheed Martin from $615.00 to $650.00 and gave the company a "sector perform" rating in a report on Friday, January 30th. Finally, Truist Financial upped their target price on Lockheed Martin from $605.00 to $695.00 and gave the stock a "buy" rating in a report on Friday, January 30th. Six equities research 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. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of $612.50.

Lockheed Martin Stock Up 2.6%

The firm has a market capitalization of $154.62 billion, a price-to-earnings ratio of 31.27, a P/E/G ratio of 1.20 and a beta of 0.22. The company has a debt-to-equity ratio of 3.05, a current ratio of 1.09 and a quick ratio of 0.94. The stock has a fifty day moving average of $596.29 and a two-hundred day moving average of $516.01.

Lockheed Martin (NYSE:LMT - Get Free Report) last released 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 company had revenue of $20.32 billion during the quarter, compared to the consensus estimate of $19.84 billion. Lockheed Martin had a net margin of 6.69% and a return on equity of 108.53%. The company's quarterly revenue was up 9.1% on a year-over-year basis. During the same quarter last year, the firm posted $7.67 EPS. Sell-side analysts anticipate that Lockheed Martin Corporation will post 27.15 earnings per share for the current year.

Lockheed Martin Announces Dividend

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 dividend of $3.45 per share. This represents a $13.80 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date of this dividend is Monday, March 2nd. Lockheed Martin's dividend payout ratio is currently 64.22%.

Institutional Investors Weigh In On Lockheed Martin

A number of institutional investors have recently modified their holdings of the company. Basso Capital Management L.P. bought a new stake in Lockheed Martin during the fourth quarter valued at $25,000. United Financial Planning Group LLC bought a new stake in shares of Lockheed Martin during the 3rd quarter valued at about $25,000. Clarity Asset Management Inc. bought a new stake in shares of Lockheed Martin during the 4th quarter valued at about $26,000. Triumph Capital Management grew its stake in Lockheed Martin by 66.7% during the fourth quarter. Triumph Capital Management now owns 55 shares of the aerospace company's stock worth $26,000 after purchasing an additional 22 shares during the period. Finally, Barnes Dennig Private Wealth Management LLC increased its holdings in 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 purchasing an additional 40 shares in the last quarter. 74.19% of the stock is owned by institutional investors.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.