Lockheed Martin (NYSE:LMT) Stock Price Up 2.5% – Should You Buy?

Lockheed Martin Corporation (NYSE:LMT)’s stock price traded up 2.5% on Wednesday . The stock traded as high as $578.04 and last traded at $572.2550. 2,614,956 shares changed hands during trading, a decline of 2% from the average session volume of 2,665,448 shares. The stock had previously closed at $558.30.

Trending Headlines about Lockheed Martin

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

• Positive Sentiment: Large proposed U.S. defense budget lift to $1.5T by FY‑2027 is reigniting demand for primes like Lockheed—markets are treating the proposal as a major revenue tailwind for jets, missiles and long‑lead programs. Trump Just Juiced the Bull Case for Lockheed Martin
• Positive Sentiment: Analyst upgrades and higher price targets are supporting the rally; recent coverage (e.g., Truist/Jefferies notes) helped push LMT to a new 12‑month high. Lockheed Martin Sets New 12-Month High on Analyst Upgrade
• Positive Sentiment: Operational wins and backlog visibility improving: record F‑35 deliveries, a large PAC‑3 MSE production framework and recent missile/space awards increase revenue clarity for 2026. The 2026 Survival Kit: Gold, Defense, and Trash
• Positive Sentiment: Product/demos and deliveries bolster credibility: Lockheed is partnering on an at‑sea missile launch from an uncrewed surface vessel at RIMPAC and recently delivered the 350th MH‑60R to the U.S. Navy—evidence of ongoing program execution. Lockheed Martin, Saildrone Eye Missile Launch From USV This Summer During RIMPAC Lockheed Martin delivers 350th MH-60R helicopter
• Neutral Sentiment: Market/technical coverage notes improved relative strength and inclusion in defense‑focused fund conversations, which can attract passive and momentum flows but are not fundamental changes. Lockheed Martin Corporation (NYSE:LMT) s&p 500 fund Defense Leadership Stocks showing improved relative strength: Lockheed Martin
• Negative Sentiment: Political proposals from President Trump to cap buybacks and executive pay have created short‑term volatility and headlines that could pressure defense multiples if enacted—analysts view the measures as unlikely but they add headline risk. 5 Defense Stocks to Buy on Pentagon Spending Boost
• Negative Sentiment: Some retail/social‑media chatter and recent insider selling (documented in aggregators) raise the risk of a sentiment‑driven pullback if the sector narrative cools; watch for any reversal in analyst tone or contract execution hiccups. Lockheed Martin Stock Opinions on Proposed $1.5 Trillion Defense Budget

Wall Street Analyst Weigh In

Several equities analysts have weighed in on LMT shares. Sanford C. Bernstein reaffirmed a “market perform” rating and set a $586.00 target price on shares of Lockheed Martin in a research note on Monday. Robert W. Baird raised their price target on shares of Lockheed Martin from $500.00 to $550.00 and gave the stock an “outperform” rating in a report on Monday, October 6th. Weiss Ratings reiterated a “hold (c)” rating on shares of Lockheed Martin in a research note on Wednesday, October 8th. The Goldman Sachs Group increased their target price on shares of Lockheed Martin from $398.00 to $425.00 and gave the stock a “sell” rating in a research report on Friday, October 10th. Finally, Susquehanna boosted their price target on shares of Lockheed Martin from $490.00 to $590.00 and gave the company a “positive” rating in a report on Thursday, October 9th. Two research 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 assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $522.24.

Lockheed Martin Stock Performance

The firm has a market cap of $132.42 billion, a price-to-earnings ratio of 31.95, a price-to-earnings-growth ratio of 1.57 and a beta of 0.24. The firm’s 50 day moving average is $476.55 and its 200-day moving average is $469.49. The company has a debt-to-equity ratio of 3.32, a quick ratio of 0.97 and a current ratio of 1.13.

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

Insider Buying and Selling

In other news, COO John Frank A. St sold 7,792 shares of Lockheed Martin stock in a transaction that occurred on Thursday, October 23rd. The shares were sold at an average price of $491.04, for a total value of $3,826,183.68. Following the transaction, the chief operating officer owned 1 shares of the company’s stock, valued at $491.04. This trade represents a 99.99% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.14% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Northwest Wealth Management LLC boosted its holdings in Lockheed Martin by 65.4% during the fourth quarter. Northwest Wealth Management LLC now owns 754 shares of the aerospace company’s stock valued at $365,000 after acquiring an additional 298 shares during the period. Hennion & Walsh Asset Management Inc. lifted its position in shares of Lockheed Martin by 5.9% during the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 15,683 shares of the aerospace company’s stock worth $7,585,000 after purchasing an additional 875 shares during the last quarter. Mitchell & Pahl Private Wealth LLC boosted its stake in Lockheed Martin by 3.3% during the 4th quarter. Mitchell & Pahl Private Wealth LLC now owns 1,641 shares of the aerospace company’s stock valued at $794,000 after purchasing an additional 52 shares during the period. Stegent Equity Advisors Inc. grew its holdings in Lockheed Martin by 3.4% in the 4th quarter. Stegent Equity Advisors Inc. now owns 937 shares of the aerospace company’s stock valued at $453,000 after buying an additional 31 shares during the last quarter. Finally, Congress Park Capital LLC grew its holdings in Lockheed Martin by 22.5% in the 4th quarter. Congress Park Capital LLC now owns 735 shares of the aerospace company’s stock valued at $355,000 after buying an additional 135 shares during the last quarter. 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.