Lockheed Martin (NYSE:LMT) Stock Sale Revealed by Rep. Kevin Hern

Key Points

• Rep. Kevin Hern sold $15,001–$50,000 of Lockheed Martin stock on September 2 from the Hern Family Foundation account. He also reported selling holdings in several other companies, including CenterPoint Energy, STERIS, Home Depot and NextEra Energy.
• Lockheed Martin reported stronger-than-expected quarterly results, with $7.94 in EPS and $20.06 billion in revenue, up 10.5% year over year. The company also paid a quarterly dividend of $3.45 per share, equivalent to a 2.7% annualized yield.
• Analyst sentiment is mixed: UBS upgraded the stock to “buy,” while other firms maintained “hold” ratings or lowered their views. The consensus rating is “Hold”, with an average price target of $637.56.

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 Price Performance

Shares of NYSE LMT opened at $517.78 on Tuesday. 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 stock has a market capitalization of $119.50 billion, a price-to-earnings ratio of 19.08, a PEG ratio of 1.13 and a beta of 0.10. The firm's 50 day simple moving average is $557.76 and its 200-day simple moving average is $554.98. Lockheed Martin Corporation has a 12 month low of $437.25 and a 12 month high of $692.00.

Lockheed Martin (NYSE:LMT - Get Free Report) last posted its earnings results on Thursday, July 23rd. The aerospace company reported $7.94 earnings per share (EPS) for the quarter, beating 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 during the quarter, compared to analysts' expectations of $19.34 billion. During the same period in the previous year, the business posted $1.46 EPS. The business's revenue was up 10.5% compared to the same quarter last year. Lockheed Martin has set its FY 2026 guidance at 29.950-30.650 EPS. Analysts expect that Lockheed Martin Corporation will post 30.44 EPS for the current year.

Lockheed Martin Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 25th. Stockholders of record on Tuesday, September 1st were paid a dividend of $3.45 per share. The ex-dividend date of this dividend was Tuesday, September 1st. This represents a $13.80 dividend on an annualized basis and a dividend yield of 2.7%. Lockheed Martin's dividend payout ratio (DPR) is presently 50.87%.

Institutional Investors Weigh In On Lockheed Martin

Large investors have recently made changes to their positions in the stock. IAG Wealth Partners LLC boosted its stake in Lockheed Martin by 4,800.0% during the first quarter. IAG Wealth Partners LLC now owns 49 shares of the aerospace company's stock worth $30,000 after buying an additional 48 shares during the last quarter. Burnham & Co LLC acquired a new stake in shares of Lockheed Martin in the 2nd quarter worth $25,000. Basso Capital Management L.P. acquired a new stake in shares of Lockheed Martin in the 4th quarter worth $25,000. Field & Main Bank purchased a new position in shares of Lockheed Martin during the 2nd quarter worth $26,000. Finally, Clarity Asset Management Inc. acquired a new position in shares of Lockheed Martin during the 4th quarter valued at about $26,000. 74.19% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

LMT has been the topic of a number of research reports. UBS Group raised shares of Lockheed Martin from a "neutral" rating to a "buy" rating and raised their price target for the company from $581.00 to $674.00 in a research note on Tuesday, September 8th. Morgan Stanley increased their target price on Lockheed Martin from $653.00 to $690.00 and gave the company an "equal weight" rating in a report on Friday, July 24th. TD Cowen decreased their target price on Lockheed Martin from $600.00 to $560.00 and set a "hold" rating on the stock in a research report on Monday, July 13th. Wells Fargo & Company set a $600.00 price target on Lockheed Martin in a research note on Monday, July 27th. Finally, Weiss Ratings cut Lockheed Martin from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Thursday. One investment 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 stock. According to MarketBeat, the company has an average rating of "Hold" and a consensus 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.

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