Lockheed MartinLMT
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)
74% more first-time investments, than exits
New positions opened: 172 | Existing positions closed: 99
54% more call options, than puts
Call options by funds: $1.72B | Put options by funds: $1.11B
15% more repeat investments, than reductions
Existing positions increased: 1,076 | Existing positions reduced: 939
3% more capital invested
Capital invested by funds: $77.5B [Q1] → $79.9B (+$2.37B) [Q2]
1% more funds holding
Funds holding: 2,533 [Q1] → 2,555 (+22) [Q2]
0.05% more ownership
Funds ownership: 73.88% [Q1] → 73.93% (+0.05%) [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
8 analyst ratings
B of A Securities Ronald Epstein | 6%upside $480 | Neutral Maintained | 21 Aug 2025 |
UBS Gavin Parsons | 0%downside $453 | Neutral Maintained | 23 Jul 2025 |
JP Morgan Seth Seifman | 2%upside $465 | Overweight Maintained | 23 Jul 2025 |
Truist Securities Michael Ciarmoli | 3%downside $440 | Hold Downgraded | 23 Jul 2025 |
RBC Capital Ken Herbert | 3%downside $440 | Sector Perform Maintained | 23 Jul 2025 |
Financial journalist opinion
Based on 158 articles about LMT published over the past 30 days









