Lockheed Martin (NYSE:LMT) Stock Price Expected to Rise, TD Cowen Analyst Says

Lockheed Martin (NYSE:LMT) had its price objective increased by TD Cowen from $520.00 to $600.00 in a research report issued on Wednesday,MarketScreener reports. The firm currently has a “hold” rating on the aerospace company’s stock. TD Cowen’s price objective would suggest a potential upside of 3.83% from the stock’s current price.

LMT has been the subject of a number of other research reports. Jefferies Financial Group raised their price objective on shares of Lockheed Martin from $500.00 to $540.00 and gave the stock a “hold” rating in a report on Monday. Morgan Stanley reissued an “equal weight” rating and set a $543.00 target price (down from $630.00) on shares of Lockheed Martin in a research report on Tuesday, December 16th. UBS Group raised their price target on shares of Lockheed Martin from $513.00 to $580.00 and gave the stock a “neutral” rating in a research note on Thursday. The Goldman Sachs Group upped their price objective on Lockheed Martin from $398.00 to $425.00 and gave the company a “sell” rating in a research note on Friday, October 10th. Finally, JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a $515.00 price target (up previously from $465.00) on shares of Lockheed Martin in a research report on Friday, December 19th. Two equities 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 issued a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $538.53.

Lockheed Martin Stock Up 0.9%

NYSE LMT traded up $5.15 on Wednesday, hitting $577.85. 1,688,275 shares of the company were exchanged, compared to its average volume of 2,607,705. The stock has a fifty day moving average of $478.53 and a 200-day moving average of $470.20. Lockheed Martin has a 12 month low of $410.11 and a 12 month high of $579.60. The company has a market cap of $133.71 billion, a PE ratio of 32.26, a PEG ratio of 1.59 and a beta of 0.24. The company has a current ratio of 1.13, a quick ratio of 0.97 and a debt-to-equity ratio of 3.32.

Lockheed Martin (NYSE:LMT) last announced its quarterly earnings data on Tuesday, October 21st. The aerospace company reported $6.95 EPS for the quarter, beating analysts’ consensus estimates 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 during the quarter, compared to analysts’ expectations of $18.45 billion. During the same quarter last year, the firm posted $6.84 earnings per share. The company’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, analysts forecast that Lockheed Martin will post 27.15 earnings per share for the current year.

Insider Activity at Lockheed Martin

In related news, COO John Frank A. St sold 7,792 shares of the company’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 value of $3,826,183.68. Following the transaction, the chief operating officer directly owned 1 shares in the company, valued at approximately $491.04. This represents 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 accessible through the SEC website. Insiders own 0.14% of the company’s stock.

Hedge Funds Weigh In On Lockheed Martin

A number of hedge funds and other institutional investors have recently bought and sold shares of LMT. McGlone Suttner Wealth Management Inc. lifted its position in shares of Lockheed Martin by 2.0% in the 4th quarter. McGlone Suttner Wealth Management Inc. now owns 985 shares of the aerospace company’s stock worth $476,000 after purchasing an additional 19 shares during the period. Old North State Wealth Management LLC raised its stake in Lockheed Martin by 2.0% in the third quarter. Old North State Wealth Management LLC now owns 1,073 shares of the aerospace company’s stock worth $539,000 after buying an additional 21 shares in the last quarter. Investment Advisory Services Inc. TX ADV raised its stake in Lockheed Martin by 4.7% in the second quarter. Investment Advisory Services Inc. TX ADV now owns 486 shares of the aerospace company’s stock worth $225,000 after buying an additional 22 shares in the last quarter. Broadway Wealth Solutions Inc. lifted its holdings in Lockheed Martin by 4.5% in the second quarter. Broadway Wealth Solutions Inc. now owns 511 shares of the aerospace company’s stock worth $237,000 after buying an additional 22 shares during the period. Finally, GS Investments Inc. boosted its position in Lockheed Martin by 1.0% during the 3rd quarter. GS Investments Inc. now owns 2,231 shares of the aerospace company’s stock valued at $1,114,000 after acquiring an additional 22 shares in the last quarter. Hedge funds and other institutional investors own 74.19% of the company’s stock.

Key Stories Impacting Lockheed Martin

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

• Positive Sentiment: MarketBeat’s “Survival Kit” spotlights Lockheed Martin as a core defense holding tied to a proposed large defense budget and cites recent contract wins (e.g., PAC‑3 MSE) and heavy F‑35 deliveries as underpinning steady government revenue and dividend support. The 2026 Survival Kit: Gold, Defense, and Trash
• Positive Sentiment: Zacks/other analysts have issued upgrades and higher near‑term EPS forecasts (notably higher FY2026 and some Q4 estimates), reinforcing the earnings-growth narrative that supports higher LMT multiples. Investors are interpreting these revisions as confirmation of improving margins and backlog conversion. Lockheed Martin (LMT) Increases Despite Market Slip
• Positive Sentiment: Sector momentum: L3Harris’s $1B Pentagon payload win and related supplier strength push defense peers higher, signaling broad government demand for platforms and sensors that benefits Lockheed. This kind of large prime/subcontract activity lifts sentiment across the group. L3Harris Blasts Off With a $1 Billion Pentagon Payload
• Positive Sentiment: Operational execution: Lockheed delivered its 350th MH‑60R to the U.S. Navy and reported strong F‑35 delivery cadence—evidence of recovering production and cashflow that reduces execution risk on large programs. Lockheed Martin delivers 350th MH-60R helicopter to U.S. Navy
• Neutral Sentiment: Mixed analyst revisions: while some quarterly and FY2026 estimates were nudged higher, Zacks also trimmed a few future-quarter forecasts and modestly lowered FY2027 — overall a mixed picture that keeps upside visible but introduces some forecasting uncertainty. (Company guidance remains a key near‑term catalyst.) Lockheed Martin Stock Overview
• Negative Sentiment: Policy and political noise: proposals to limit defense buybacks and cap executive pay (and broader political commentary on defense budgets) create headline risk that could weigh on valuations if any measures advance — though many analysts view these proposals as unlikely to become law. 5 Defense Stocks to Buy on Pentagon Spending Boost

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.