Lockheed Martin (NYSE:LMT) Stock Sold Off by Rep. Kevin Hern

Representative Kevin Hern (Republican-Oklahoma) recently sold shares of Lockheed Martin Corporation (NYSE:LMT). In a filing disclosed on September 25th, the Representative disclosed that they had sold between $15,001 and $50,000 in Lockheed Martin stock on September 2nd. The trade occurred in the Representative’s “HERN FAMILY FOUNDATION” account.

Representative Kevin Hern also recently made the following trade(s):

• Sold $15,001 – $50,000 in shares of CenterPoint Energy (NYSE:CNP) on 9/15/2026.
• Sold $1,001 – $15,000 in shares of TJX Companies (NYSE:TJX) on 9/15/2026.
• Sold $15,001 – $50,000 in shares of STERIS (NYSE:STE) on 9/15/2026.
• Sold $1,001 – $15,000 in shares of Seagate Technology (NASDAQ:STX) on 9/15/2026.
• Sold $15,001 – $50,000 in shares of NextEra Energy (NYSE:NEE) on 9/14/2026.
• Sold $1,001 – $15,000 in shares of Marsh & McLennan Companies (NYSE:MRSH) on 9/14/2026.
• Sold $15,001 – $50,000 in shares of IQVIA (NYSE:IQV) on 9/14/2026.
• Sold $15,001 – $50,000 in shares of Home Depot (NYSE:HD) on 9/14/2026.
• Sold $1,001 – $15,000 in shares of Home Depot (NYSE:HD) on 9/14/2026.
• Sold $15,001 – $50,000 in shares of Emerson Electric (NYSE:EMR) on 9/14/2026.

Lockheed Martin Stock Down 0.3%

Shares of Lockheed Martin stock opened at $517.78 on Tuesday. The company has a market capitalization of $119.50 billion, a P/E ratio of 19.08, a price-to-earnings-growth ratio of 1.13 and a beta of 0.10. The company has a debt-to-equity ratio of 2.34, a current ratio of 1.19 and a quick ratio of 1.01. The business has a 50-day moving average of $557.76 and a two-hundred day moving average of $554.98. Lockheed Martin Corporation has a 1 year low of $437.25 and a 1 year high of $692.00.

Lockheed Martin (NYSE:LMT) last announced its earnings results on Thursday, July 23rd. The aerospace company reported $7.94 EPS for the quarter, topping the consensus estimate of $7.22 by $0.72. Lockheed Martin had a net margin of 8.16% and a return on equity of 91.42%. The firm had revenue of $20.06 billion for the quarter, compared to the consensus estimate of $19.34 billion. During the same period last year, the company posted $1.46 EPS. The business’s quarterly revenue was up 10.5% on a year-over-year basis. Lockheed Martin has set its FY 2026 guidance at 29.950-30.650 EPS. As a group, equities analysts predict that Lockheed Martin Corporation will post 30.44 EPS for the current year.

Lockheed Martin Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, September 25th. Shareholders of record on Tuesday, September 1st were issued a dividend of $3.45 per share. The ex-dividend date was Tuesday, September 1st. This represents a $13.80 annualized dividend and a yield of 2.7%. Lockheed Martin’s payout ratio is currently 50.87%.

Institutional Trading of Lockheed Martin

Institutional investors and hedge funds have recently modified their holdings of the business. SG Americas Securities LLC increased its holdings in Lockheed Martin by 5.4% during the 1st quarter. SG Americas Securities LLC now owns 276,383 shares of the aerospace company’s stock worth $167,043,000 after acquiring an additional 14,150 shares during the period. Norris Financial Group LLC bought a new position in Lockheed Martin in the 1st quarter valued at $2,321,000. Legal Advantage Investments Inc. purchased a new position in shares of Lockheed Martin during the 1st quarter valued at $1,451,000. Deutsche Bank AG increased its holdings in shares of Lockheed Martin by 7.4% in the fourth quarter. Deutsche Bank AG now owns 1,440,840 shares of the aerospace company’s stock worth $696,891,000 after purchasing an additional 99,403 shares during the period. Finally, Talon Private Wealth LLC bought a new position in shares of Lockheed Martin in the first quarter worth $3,743,000. 74.19% of the stock is currently owned by institutional investors.

Key Lockheed Martin News

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

• Positive Sentiment: The Department of War awarded Lockheed Martin an $871 million modification to an existing F-35 Lightning II contract. The higher contract ceiling supports additional equipment for F-35 site activation and sustainment, reinforcing the program’s long-term importance and revenue potential. Pentagon Deepens F-35 Bet: Lockheed Martin Secures $871M Support Contract Modification
• Positive Sentiment: Lockheed Martin’s backlog reached a record $230 billion at the end of the second quarter, up 38.3% year over year. About $65 billion of quarterly orders—including a $35 billion multiyear missile-defense contract—strengthens visibility into future sales and supports the company’s defense-growth narrative. Can Lockheed Martin’s Backlog Keep Growing at This Pace?
• Positive Sentiment: The company secured a U.S. Army contract worth up to $1.2 billion for the Precision Strike Missile Increment 2, adding momentum to its long-range missile portfolio after a successful flight test. Lockheed Martin Gets Another Boost from the Long-Range Missile Push
• Neutral Sentiment: Reports highlight Lockheed Martin’s investments in directed-energy weapons, autonomous drones, artificial intelligence and space-based computing. These areas could provide future growth, but the reports do not announce material new contracts or near-term financial benefits. What Is Lockheed Martin Building in Defense AI and Space?
• Negative Sentiment: The strong backlog and contract wins may already be reflected in expectations. Investors may also be weighing execution risk, elevated leverage, and whether Lockheed Martin can convert its rapidly expanding backlog into profits at the current pace. The company’s latest results were strong, but forward-looking market reports provide limited immediate earnings support.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the stock. TD Cowen cut their price objective on shares of Lockheed Martin from $600.00 to $560.00 and set a “hold” rating on the stock in a research report on Monday, July 13th. Wall Street Zen upgraded Lockheed Martin from a “buy” rating to a “strong-buy” rating in a research note on Sunday, September 20th. Jefferies Financial Group reissued a “hold” rating on shares of Lockheed Martin in a research note on Wednesday, September 2nd. Morgan Stanley boosted their price objective on shares of Lockheed Martin from $653.00 to $690.00 and gave the stock an “equal weight” rating in a research note on Friday, July 24th. Finally, Weiss Ratings lowered shares of Lockheed Martin from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Thursday. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $637.56.

About Representative Hern

Kevin Hern (Republican Party) is a member of the U.S. House, representing Oklahoma’s 1st Congressional District. He assumed office on November 13, 2018. His current term ends on January 3, 2027.

Hern (Republican Party) is running for re-election to the U.S. House to represent Oklahoma’s 1st Congressional District. He declared candidacy for the 2026 election.

Kevin Hern went into business as a McDonald’s franchisee in 1999. He acquired 10 McDonald’s franchises by 2012. He served on the McDonald’s National Leadership Team for 13 years, including the tax policy team, the insurance corporation, and as chairman of the economics team. From 2011 to 2015, he was chairman of the finance committee of the Oklahoma Turnpike Authority.

Lockheed Martin Company Profile

Lockheed Martin Corporation is a global aerospace, defense and technology company headquartered in Bethesda, Maryland. The company develops and produces advanced systems for government and commercial customers, with the U.S. Department of Defense and other U.S. government agencies representing its primary customers.

Its principal activities include the design and manufacture of military aircraft, missiles, air and missile defense systems, radar and sensor technologies, naval and rotary-wing systems, satellites, space exploration systems, and cybersecurity and information technology solutions.