Lockheed Martin (NYSE:LMT) Stock Price Up 1.5% Following Analyst Upgrade

Lockheed Martin Corporation (NYSE:LMT)’s stock price was up 1.5% on Monday after Citigroup raised their price target on the stock from $505.00 to $592.00. Citigroup currently has a neutral rating on the stock. Lockheed Martin traded as high as $554.27 and last traded at $551.2520. Approximately 2,958,526 shares changed hands during mid-day trading, an increase of 5% from the average daily volume of 2,817,031 shares. The stock had previously closed at $542.92.

Several other research firms have also commented on LMT. Jefferies Financial Group boosted their price objective on shares of Lockheed Martin from $500.00 to $540.00 and gave the stock a “hold” rating in a research note on Monday. Deutsche Bank Aktiengesellschaft dropped their price target on Lockheed Martin from $517.00 to $492.00 and set a “hold” rating on the stock in a research report on Wednesday, December 10th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Lockheed Martin in a research report on Wednesday, October 8th. BNP Paribas Exane began coverage on Lockheed Martin in a research note on Tuesday, November 18th. They set an “outperform” rating and a $550.00 price objective for the company. Finally, UBS Group reissued a “neutral” rating on shares of Lockheed Martin in a research note on Wednesday, January 7th. Two investment analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating, sixteen have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $522.24.

Insider Activity

In other news, COO John Frank A. St sold 7,792 shares of the business’s stock in a transaction that occurred on Thursday, October 23rd. The shares were sold at an average price of $491.04, for a total transaction of $3,826,183.68. Following the completion of the transaction, the chief operating officer directly owned 1 shares of the company’s stock, valued at $491.04. The trade was a 99.99% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.14% of the stock is currently owned by insiders.

Lockheed Martin News Roundup

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

• Positive Sentiment: Big proposed U.S. defense budget (talk of a $1.5 trillion plan) is powering renewed bullishness for prime contractors and has coincided with analyst upgrades and higher price targets — a direct tailwind for Lockheed as a major DoD supplier. Lockheed Martin Stock (LMT) Opinions on Proposed $1.5 Trillion Defense Budget
• Positive Sentiment: Contract and production updates — expanded PAC‑3 MSE production framework and a record F‑35 delivery run (and significant long‑lead F‑35 funding) boost revenue visibility and order backlog, supporting near‑term organic growth. Lockheed Martin Stock Rises 13.7% in a Month: Here’s How to Play
• Positive Sentiment: Wall Street appetite: Truist (and other recent analyst attention) has pushed ratings/targets higher, including some raised price targets as analysts re-rate the stock on stronger fiscal outlook and contract flow. Analyst activity lends momentum to the rally. Lockheed Martin (NYSE:LMT) Upgraded at Truist Financial
• Positive Sentiment: Technical/market signal — LMT hit a 52‑week high, signaling strong buyer interest and attracting momentum traders. Lockheed Martin stock hits 52-week high at $561.81
• Neutral Sentiment: Sector ripple from L3Harris DoD investment — the Pentagon’s direct funding to expand missile production capacity eases supply‑chain bottlenecks that benefit primes like Lockheed, but it also restructures supplier dynamics and creates a stronger, potentially more competitive supplier base. Net effect is mixed/sector‑level. L3Harris Blasts Off With a $1 Billion Pentagon Payload
• Neutral Sentiment: Analyst nuance: some firms maintain cautious/hold views (Jefferies maintain) even as others upgrade — suggests upside is accepted but valuation and execution risks keep some investors restrained. Balanced Risk/Reward and Unlocked Optionality Keep Lockheed Martin at Hold
• Negative Sentiment: Insider selling and mixed institutional flows: recent disclosures show insider sales and sizable portfolio rebalancing among hedge funds and institutions — a potential caution flag if sustained. Lockheed Martin Stock (LMT) Opinions on Proposed $1.5 Trillion Defense Budget

Hedge Funds Weigh In On Lockheed Martin

Hedge funds and other institutional investors have recently modified their holdings of the company. United Financial Planning Group LLC bought a new stake in shares of Lockheed Martin during the 3rd quarter valued at about $25,000. Barnes Dennig Private Wealth Management LLC boosted its holdings 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 buying an additional 40 shares during the last quarter. Grey Fox Wealth Advisors LLC bought a new stake in Lockheed Martin during the third quarter valued at approximately $27,000. Mid American Wealth Advisory Group Inc. bought a new position in Lockheed Martin in the second quarter worth approximately $28,000. Finally, Twin Peaks Wealth Advisors LLC bought a new stake in shares of Lockheed Martin during the 2nd quarter valued at $29,000. 74.19% of the stock is owned by institutional investors.

Lockheed Martin Stock Performance

The stock has a market cap of $129.08 billion, a P/E ratio of 31.15, a P/E/G ratio of 1.57 and a beta of 0.24. The company has a debt-to-equity ratio of 3.32, a quick ratio of 0.97 and a current ratio of 1.13. The business’s 50-day moving average price is $476.55 and its 200-day moving average price is $469.49.

Lockheed Martin (NYSE:LMT) last posted its quarterly earnings data on Tuesday, October 21st. The aerospace company reported $6.95 EPS for the quarter, topping the consensus estimate of $6.33 by $0.62. Lockheed Martin had a return on equity of 111.84% and a net margin of 5.73%.The firm had revenue of $18.61 billion for the quarter, compared to the consensus estimate of $18.45 billion. During the same quarter last year, the company earned $6.84 earnings per share. The business’s revenue for the quarter was up 8.8% compared to the same quarter last year. Lockheed Martin has set its FY 2025 guidance at 22.150-22.350 EPS. As a group, sell-side analysts expect that Lockheed Martin Corporation will post 27.15 earnings per share for the current fiscal year.

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.