Lockheed Martin (NYSE:LMT) Trading Up 2.3% – Here’s Why

Lockheed Martin Corporation (NYSE:LMT) shares were up 2.3% on Wednesday . The stock traded as high as $626.93 and last traded at $624.1050. Approximately 1,189,205 shares were traded during trading, a decline of 38% from the average daily volume of 1,915,467 shares. The stock had previously closed at $610.17.

Key Lockheed Martin News

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

• Positive Sentiment: Pentagon framework deals to ramp wartime production with Lockheed and other suppliers signal stronger near-term government orders and capacity expansion that should support revenue and utilization. Pentagon says it will ramp up war supplies with defense companies
• Positive Sentiment: Lockheed reported a new framework with the Department of War to quadruple Precision Strike Missile (PrSM) production, expanding volume on an existing multi?billion dollar Army contract — direct upside to missile production revenue and margins. Lockheed Martin Answers the Nation’s Call and Quadruples Precision Strike Missile Production
• Positive Sentiment: Lockheed and Firefly tested rapid-launch capabilities in a U.S. Space Force exercise — a demonstration that can accelerate small-launch/space-launch service opportunities and position Lockheed on future launch logistics contracts. Lockheed Martin, Firefly test rapid-launch capabilities in U.S. Space Force exercise
• Positive Sentiment: Analyst bullishness: Susquehanna raised its LMT price target to $740 and kept a Positive rating, reflecting model updates tied to higher defense spending — supportive for sentiment and potential institutional demand. Susquehanna Lifts Price Target on Lockheed Martin Corporation (LMT) to $740, Keeps Positive Rating
• Positive Sentiment: Terran Orbital (a Lockheed Martin company) launched a star?tracker product line at SATSHOW 2026, expanding Lockheed’s space-component portfolio and supporting longer?term growth in small?sat components and services. Terran Orbital Introduces New Star Tracker Product Line at SATSHOW 2026
• Neutral Sentiment: Coverage and thematic pieces highlight broad defense winners as conflict persists (articles listing Lockheed among top defense stocks). These reinforce sector interest but are thematic rather than company?specific catalysts. 3 Defense Stocks to Watch as War Drags On, Spending Set to Surge
• Neutral Sentiment: Palantir’s expanding role on the Golden Dome missile project increases program-level funding for missile defense software — helpful for the ecosystem but indirect for Lockheed unless formal supplier ties expand. Palantir’s Defense Role Is Quietly Expanding
• Negative Sentiment: Supply?chain risk: a Chinese publication claimed the U.S. has limited rare?earth supplies amid heavy weapons use — a potential medium?term headwind if elemental shortages disrupt production or increase input costs. Chinese Publication Claims U.S. Has Two Months of Rare Earths Left
• Negative Sentiment: Recent intraday weakness and a prior session dip were noted in market wrap pieces — short?term volatility remains possible as macro and geopolitical headlines move sentiment. Lockheed Martin (LMT) Stock Falls Amid Market Uptick: What Investors Need to Know

Analysts Set New Price Targets

Several analysts have commented on the stock. Morgan Stanley set a $675.00 target price on shares of Lockheed Martin in a research report on Wednesday, February 4th. Sanford C. Bernstein reaffirmed a “market perform” rating and issued a $654.00 price objective on shares of Lockheed Martin in a research note on Friday, February 6th. UBS Group upped their price objective on shares of Lockheed Martin from $580.00 to $663.00 and gave the stock a “neutral” rating in a report on Monday, February 2nd. DZ Bank downgraded shares of Lockheed Martin from a “buy” rating to a “hold” rating and set a $665.00 target price on the stock. in a research report on Tuesday, February 3rd. Finally, Citigroup raised their target price on Lockheed Martin from $592.00 to $673.00 and gave the company a “neutral” rating in a report on Thursday, February 5th. Seven research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, Lockheed Martin has a consensus rating of “Hold” and a consensus price target of $623.16.

Lockheed Martin Stock Performance

The stock’s 50-day moving average price is $630.73 and its 200 day moving average price is $534.41. 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 company has a market cap of $143.59 billion, a P/E ratio of 29.04, a price-to-earnings-growth ratio of 1.11 and a beta of 0.22.

Lockheed Martin (NYSE:LMT) last posted its quarterly earnings data 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 firm had revenue of $20.32 billion for the quarter, compared to the consensus estimate of $19.84 billion. Lockheed Martin had a return on equity of 108.53% and a net margin of 6.69%.Lockheed Martin’s quarterly revenue was up 9.1% on a year-over-year basis. During the same period in the prior year, the company posted $7.67 earnings per share. As a group, research analysts expect that Lockheed Martin Corporation will post 27.15 EPS for the current fiscal year.

Lockheed Martin Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 27th. Stockholders 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 2.2%. The ex-dividend date of this dividend is Monday, March 2nd. Lockheed Martin’s dividend payout ratio (DPR) is currently 64.22%.

Hedge Funds Weigh In On Lockheed Martin

Several large investors have recently made changes to their positions in the business. Basso Capital Management L.P. bought a new position in Lockheed Martin in the 4th quarter worth approximately $25,000. United Financial Planning Group LLC acquired a new stake in shares of Lockheed Martin in the third quarter worth $25,000. Clarity Asset Management Inc. acquired a new stake in shares of Lockheed Martin in the fourth quarter worth $26,000. Triumph Capital Management increased its position 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 acquiring an additional 22 shares during the period. Finally, Barnes Dennig Private Wealth Management LLC increased its position in Lockheed Martin by 285.7% during the third quarter. Barnes Dennig Private Wealth Management LLC now owns 54 shares of the aerospace company’s stock worth $27,000 after acquiring an additional 40 shares during the period. Institutional investors and hedge funds 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.