Lockheed Martin (LMT)

• Market cap: $110B
• 1 day: -0.25%
• 5 days: 2%
• 1 month: 7.37%
• 3 months: -1.3%
• 6 months: 1.18%
• Year to date: -1.89%
• 1 year: -16.56%
• 5 years: 19.49%
• 10 years: 127.9%
• Sector: Industrials
• Industry: Aerospace & Defense

About: Lockheed Martin is the world's largest defense contractor and has dominated the Western market for high-end fighter aircraft since it won the F-35 Joint Strike Fighter program in 2001. Aeronautics is Lockheed's largest segment, which derives upward of two-thirds of its revenue from the F-35. Lockheed's remaining segments are rotary and mission systems, mainly encompassing the Sikorsky helicopter business; missiles and fire control, which creates missiles and missile defense systems; and space systems, which produces satellites and receives equity income from the United Launch Alliance joint venture.

Employees: 121,000

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

71% more first-time investments, than exits

New positions opened: 173 | Existing positions closed: 101

37% more call options, than puts

Call options by funds: $2.22B | Put options by funds: $1.62B

15% more repeat investments, than reductions

Existing positions increased: 1,083 | Existing positions reduced: 944

1% more funds holding

Funds holding: 2,536 [Q1] → 2,568 (+32) [Q2]

3% more capital invested

Capital invested by funds: $77.5B [Q1] → $80B (+$2.53B) [Q2]

0.2% more ownership

Funds ownership: 73.88% [Q1] → 74.08% (+0.2%) [Q2]

34% less funds holding in top 10

Funds holding in top 10: 38 [Q1] → 25 (-13) [Q2]

Research analyst outlook

8 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $440
• Avg. target: $469
• High target: $500

8 analyst ratings

• positive: 3 38%
• neutral: 5 63%
• negative: 0 0%

B of A Securities Ronald Epstein	$480	Neutral Maintained	21 Aug 2025
UBS Gavin Parsons	$453	Neutral Maintained	23 Jul 2025
JP Morgan Seth Seifman	$465	Overweight Maintained	23 Jul 2025
Truist Securities Michael Ciarmoli	$440	Hold Downgraded	23 Jul 2025
RBC Capital Ken Herbert	$440	Sector Perform Maintained	23 Jul 2025