Lockheed Martin Falls 3.9% as Investors Weigh Sector Weakness and Prior Execution Issues

Lockheed Martin (LMT) is down 3.9% today. Here is some analysis on what might have caused this price movement.

Analysis: The most likely driver appears to be a mix of ongoing defense-sector weakness and lingering concern over Lockheed Martin’s first-quarter execution issues, rather than a fresh company announcement today. This could be because investors are still digesting the company’s earnings miss, negative free cash flow in the quarter, and program-specific profit adjustments while sentiment toward defense names has cooled from earlier highs.

Details:

Sources:

Lockheed Martin, SEC, Bloomberg

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$LMT Insider Trading Activity

$LMT insiders have traded $LMT stock on the open market 12 times in the past 6 months. Of those trades, 0 have been purchases and 12 have been sales.

Here’s a breakdown of recent trading of $LMT stock by insiders over the last 6 months:

• STEPHANIE C. HILL (Pres. Rotary & Mission Systems) has made 0 purchases and 2 sales selling 2,410 shares for an estimated $6,660.
• GREGORY M ULMER (President Aeronautics) has made 0 purchases and 2 sales selling 2,840 shares for an estimated $0.
• TIMOTHY S CAHILL (Pres. Missiles & Fire Control) has made 0 purchases and 8 sales selling 4,620 shares for an estimated $0.

To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.

$LMT Hedge Fund Activity

We have seen 1,364 institutional investors add shares of $LMT stock to their portfolio, and 1,308 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

• CHARLES SCHWAB INVESTMENT MANAGEMENT INC removed 1,486,487 shares (-17.2%) from their portfolio in Q1 2026, for an estimated $899,517,878
• WELLINGTON MANAGEMENT GROUP LLP removed 1,286,162 shares (-61.3%) from their portfolio in Q1 2026, for an estimated $778,295,211
• CAPITAL RESEARCH GLOBAL INVESTORS added 1,124,691 shares (+330.5%) to their portfolio in Q1 2026, for an estimated $680,584,264
• STATE STREET CORP removed 1,111,330 shares (-3.3%) from their portfolio in Q1 2026, for an estimated $672,499,122
• DIAMANT ASSET MANAGEMENT, INC. added 877,932 shares (+60339.0%) to their portfolio in Q1 2026, for an estimated $531,262,991
• TWO SIGMA INVESTMENTS, LP added 864,657 shares (+178.5%) to their portfolio in Q1 2026, for an estimated $523,229,890
• T. ROWE PRICE INVESTMENT MANAGEMENT, INC. removed 828,827 shares (-96.0%) from their portfolio in Q4 2025, for an estimated $400,878,755

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

$LMT Government Contracts

We have seen $41,785,833,262 of award payments to $LMT over the last year.

Here are some of the awards which we have have seen pay out the most over the last year:

• THE PURPOSE OF THIS CONTRACT IS TO AWARD LONG LEAD FUNDING FOR F-35A, F-35B, AND F-35C AIRCRAFT FOR U.S. SE...: $14,145,455,358
• EXECUTE PHASED ARRAY TRACKING RADAR TO INTERCEPT ON TARGET (PATRIOT) ADVANCED CAPABILITY-3 (PAC-3) MISSILE ...: $3,636,511,128
• CH-53K FRP LOT 9 AND OPTION FRP LOT 10 LONG LEAD ITEMS: $3,219,637,910
• THE PURPOSE OF THIS CONTRACT IS TO AWARD LONG LEAD FUNDING FOR F-35A, F-35B, AND F-35C AIRCRAFT FOR U.S. SE...: $2,629,974,176
• CY24 AVSC SUPPLY SUPPORT: $2,154,938,384

To track government contracts to publicy traded companies, check out Quiver Quantitative's government contracts dashboard. You can access data on government contracts through the Quiver Quantitative API government contracts endpoint.

$LMT Congressional Stock Trading

Members of Congress have traded $LMT stock 1 times in the past 6 months. Of those trades, 0 have been purchases and 1 have been sales.

Here’s a breakdown of recent trading of $LMT stock by members of Congress over the last 6 months:

• REPRESENTATIVE GILBERT RAY CISNEROS, JR. sold up to $15,000 on 12/19.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API Congress trades endpoint.

$LMT Analyst Ratings

Wall Street analysts have issued reports on $LMT in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

• Truist Securities issued a "Buy" rating on 01/09/2026

To track analyst ratings and price targets for $LMT, check out Quiver Quantitative's $LMT forecast page.

$LMT Price Targets

Multiple analysts have issued price targets for $LMT recently. We have seen 10 analysts offer price targets for $LMT in the last 6 months, with a median target of $645.0.

Here are some recent targets:

• John Godyn from Citigroup set a target price of $571.0 on 05/18/2026
• Charles Minervino from Susquehanna set a target price of $700.0 on 04/24/2026
• Kristine Liwag from Morgan Stanley set a target price of $653.0 on 04/24/2026
• Ken Herbert from RBC Capital set a target price of $575.0 on 04/24/2026
• Sheila Kahyaoglu from Jefferies set a target price of $640.0 on 04/07/2026
• David Strauss from Wells Fargo set a target price of $650.0 on 04/01/2026
• Noah Poponak from Goldman Sachs set a target price of $517.0 on 02/02/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.