Rep. Kevin Hern Sells Off Shares of Lockheed Martin Corporation (NYSE:LMT)

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 1.0%

Lockheed Martin stock traded down $5.29 during trading on Tuesday, hitting $512.82. 145,534 shares of the company were exchanged, compared to its average volume of 1,458,988. The company has a market capitalization of $118.35 billion, a P/E ratio of 18.93, a PEG ratio of 1.13 and a beta of 0.10. The business’s 50 day moving average is $557.76 and its 200 day moving average is $554.98. Lockheed Martin Corporation has a 52 week low of $437.25 and a 52 week high of $692.00. The company has a current ratio of 1.19, a quick ratio of 1.01 and a debt-to-equity ratio of 2.34.

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

Lockheed Martin Dividend Announcement

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

Hedge Funds Weigh In On Lockheed Martin

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. BlackRock Inc. purchased a new stake in shares of Lockheed Martin during the second quarter valued at approximately $9,617,574,000. Corient Private Wealth LP bought a new stake in shares of Lockheed Martin during the second quarter valued at approximately $101,960,000. Bank of New York Mellon Corp bought a new position in Lockheed Martin in the second quarter worth $645,258,000. Legal & General Group Plc purchased a new stake in shares of Lockheed Martin in the 2nd quarter worth about $497,469,000. Finally, Diamant Asset Management Inc. boosted its stake in Lockheed Martin by 60,339.0% during the first quarter. Diamant Asset Management Inc. now owns 879,387 shares of the aerospace company’s stock worth $531,493,000 after acquiring an additional 877,932 shares in the last quarter. 74.19% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on LMT shares. Wall Street Zen raised shares of Lockheed Martin from a “buy” rating to a “strong-buy” rating in a report on Sunday, September 20th. Weiss Ratings cut shares of Lockheed Martin from a “buy (b-)” rating to a “hold (c+)” rating in a report on Thursday. TD Cowen cut their price objective on shares of Lockheed Martin from $600.00 to $560.00 and set a “hold” rating for the company in a report on Monday, July 13th. UBS Group raised shares of Lockheed Martin from a “neutral” rating to a “buy” rating and boosted their target price for the company from $581.00 to $674.00 in a report on Tuesday, September 8th. Finally, Wells Fargo & Company set a $600.00 price target on Lockheed Martin in a report on Monday, July 27th. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Lockheed Martin has a consensus rating of “Hold” and a consensus price target of $637.56.

Trending Headlines about Lockheed Martin

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

• Positive Sentiment: The Pentagon awarded Lockheed Martin an $871 million modification to an existing F-35 Lightning II contract. The additional funding expands capacity for support equipment, site activation and sustainment, reinforcing the long-term revenue outlook for the F-35 program. 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. New orders, including a reported $35 billion multiyear missile-defense contract, improve revenue visibility and support future growth, although investors may question how quickly the company can convert the backlog into sales and cash flow. Can Lockheed Martin’s Backlog Keep Growing at This Pace?
• Positive Sentiment: Lockheed Martin secured a U.S. Army contract worth up to $1.2 billion for the Precision Strike Missile Increment 2. The award strengthens its position in long-range missiles and follows a successful flight test, adding to expectations for continued missile-defense spending. Lockheed Martin Gets Another Boost from the Long-Range Missile Push
• Positive Sentiment: Industry reports forecast strong growth in counter-drone systems and space-based onboard computing—markets where Lockheed Martin is developing AI-enabled detection, directed-energy weapons, autonomous systems and orbital processing platforms. These trends could expand its long-term addressable market. Anti-Drone Market Report
• Neutral Sentiment: Reports also identify Lockheed Martin as a participant in growing aerographite and space-computing markets. However, these are broad industry projections and do not disclose a material contract or near-term financial impact for LMT. Space On-Board Computing Platform Market Report
• Negative Sentiment: One market commentary notes that low-volatility stocks can lag during broad bull markets. This could limit near-term upside for LMT, although it is not a company-specific downgrade or change to earnings expectations.

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.