Lockheed Martin Corp (LMT)
NYSE · Price as of · Delayed Quote
- Profitability20/20
Profitable and growing: $6.29B net income over the last four reported quarters, up from $3.11B the year before.
- Insider buying vs selling11/20
Insiders are sellers only: 19 sells worth $117,623, no open-market buys, across the last 20 Form 4s. Routine executive selling is common, so this is only a mild negative. Separately, 1 new 5%+ stake disclosure (13D/13G) hit in the last 6 months, which is big-money accumulation.
- Dilution and offerings11/15
Share count down 1.1% in a year with 1 offering-related filing. Mild dilution.
- Analysts19
- Implied upside+12.3%
- Target range$503.00 to $756.00
- EPS expected$7.47 +7.5%
- A year ago$6.95
- Revenue expected$20.44B +9.8%
- Estimate range$5.80 to $7.87
LMT closed at $563.85 on Aug 28, down 1.8% since Jul 30. Chart read: price above both the 50-day and 200-day moving averages; the 50-day is below the 200-day (downtrend structure); trading at 52% of the 52-week range ($439.19 to $676.70).
Insider buying and selling at Lockheed Martin Corp (LMT)
The most recent Form 4 on record for Lockheed Martin Corp (LMT) is August 12, 2026, when Robert M Lightfoot Jr, President Space, sold $117,623 of stock. Nothing in the filing ties this one to a pre-arranged plan, so it was the filer's own call.
| Insider | Action | Value | Date | Type |
|---|---|---|---|---|
| Robert M Lightfoot Jr · President Space | Sell | $117,623 | August 12, 2026 | Own call |
| John Frank A St · Chief Operating Officer | Sell | $3.8M | October 23, 2025 | Own call |
Filed notices to sell
A Form 144 is filed beforean insider sells restricted stock. The Form 4 reporting the completed trade isn't due until two business days after the sale, so these land first. They are intentions, not transactions.
| Insider | Value | Filed | Status | Type |
|---|---|---|---|---|
| Donovan John · Director | $2.0M | August 13, 2026 | Not yet reported | Own call |
| Lightfoot Robert M JR · Officer | $117,623 | August 12, 2026 | Executed | Vested shares |
| Lightfoot Robert M JR · Officer | $1.4M | August 11, 2026 | Not yet reported | Vested shares |
How Congress has done in LMT
Every purchase of LMT disclosed by a member of Congress in the last 5 years, scored over the 12 months after the trade date against SPY over the same window.
| Measure | LMT | SPY |
|---|---|---|
| Median 12-month return after purchase | +8.2% | +15.1% |
| Median difference vs SPY | -7.9% | — |
| Purchases that beat SPY | 11 of 28 (39%) | — |
| Members who bought | 9 | — |
Most frequent buyers: Kevin Hern (10), Scott Franklin (5), Jared Moskowitz (4), Marjorie Taylor Greene (3), Gil Cisneros (2).
These are not returns anyone actually earned. Disclosures report a dollar bracket and no share count, so every purchase is counted once and weighted equally, and sales are not matched back to the buys that opened them. 4 of the 28 purchases are disclosed as a spouse's or dependent's rather than the member's own. Purchases from the last 12 months are excluded because their window has not closed yet.
Congress trades
| Date | Member | Action | Amount | |
|---|---|---|---|---|
| 2026-06-08 | Tommy Tuberville AL | Sale | $15,001 - $50,000 |
SEC filings
| Form | Filed | Description |
|---|---|---|
| 8-K | August 28, 2026 | 8-K |
| 4 | August 17, 2026 | View on EDGAR |
| 4 | August 13, 2026 | View on EDGAR |
| 144 | August 13, 2026 | View on EDGAR |
| 144 | August 12, 2026 | View on EDGAR |
| 144 | August 11, 2026 | View on EDGAR |
| 4 | August 4, 2026 | View on EDGAR |
| 10-Q | July 23, 2026 | 10-Q |
Lockheed Martin news
All 13 articles
The House passed a $1.15 trillion defense bill. I think Lockheed Martin (LMT) is due for a bounce, and tomorrow's earnings are the real test.
The House passed a $1.15 trillion defense authorization bill Wednesday and defense stocks rallied, but not evenly. Lockheed Martin and Northrop Grumman are still down 25% to 30% from their 2026 highs, RTX and General Dynamics already recovered, and Lockheed reports earnings Thursday morning.
Ondas (ONDS): a Lockheed Martin (LMT) deal, 10x revenue, and a stock cut in half
Ondas (ONDS) has a Lockheed Martin (LMT) counter-drone deal, a $457 million backlog and revenue up tenfold. It also has 508 million shares, heavy short interest, insider selling, and a Cramer meme-stock label. Both stories are true.
Articles that mention Lockheed Martin without it being the main subject.
Kratos (KTOS), AeroVironment (AVAV) and Ondas (ONDS) jumped at least 16% in two weeks. All three are still down this year.
Lockheed Martin, Palantir and Kratos all beat estimates and raised guidance inside twelve days, and every drone maker we track gained at least 16% over the two weeks. Kratos and AeroVironment are still the worst performers in the group for 2026.
A drone motor costs $12 from China and $100 from America. The Pentagon just committed $820 million to close the gap.
The Pentagon committed $1.3 billion to drones last week and none of it reached the stocks that rallied. The $820 million loan went to privately held Performance Drone Works, and it was for motors, batteries and control electronics rather than aircraft. The majority of drones on the Pentagon's own approved list still run Chinese motors, because a Chinese one costs $12 and an American one costs $100.
All seven Magnificent Seven stocks fell today. Here's where that money actually went (July 23, 2026)
All seven Magnificent Seven stocks were red by late morning Thursday, led by Tesla's 14% drop on an earnings miss and Alphabet's close-to-7% slide despite beating estimates, on another capex raise. Amazon and Meta sold off too ahead of next week's reports. The money didn't just leave, it rotated: into defense on Lockheed's earnings beat, and out of quantum, SaaS and space.
Frequently asked questions
When does LMT report earnings?
Lockheed Martin Corp (LMT) is scheduled to report quarterly results on October 20, 2026 (estimated). The 18-analyst consensus is $7.47 per share on revenue of $20.44B for the quarter ending September 30, 2026, against $6.95 and $18.61B a year earlier. It has beaten the consensus EPS estimate in 3 of the last four quarters. The date is an estimate from past reporting patterns and can move until the company confirms it.
What do analysts expect for LMT?
19 analysts cover Lockheed Martin Corp (LMT). The consensus rating is Hold. The average price target is $632.95, in a range of $503.00 to $756.00.
Are insiders buying or selling LMT?
We track Form 4 filings for Lockheed Martin Corp (LMT). The activity listed on this page shows 2 qualifying sales. Each row is labelled Routine when the filer declared a pre-arranged 10b5-1 plan, Tax withholding when shares were sold automatically to cover the tax on a vest, or Own call when neither applies.
Has Congress made money trading LMT?
9 members of Congress have disclosed buying LMT in the last 5 years, 28 purchases in total. Measured over the 12 months after each trade date, the median purchase returned +8.2% against +15.1% for SPY over the same windows, and 11 of the 28 (39%) beat the index. These are not returns anyone actually earned: congressional disclosures report a dollar bracket and no share count, so each purchase is counted once and weighted equally, and later sales are not matched back to the buys that opened them.
Where can I see LMT SEC filings?
Recent filings are listed on this page, newest first. The latest is an 8-K filed August 28, 2026.