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. Lockheed's largest segment is aeronautics, 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: 122,000
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
67% more first-time investments, than exits
New positions opened: 284 | Existing positions closed: 170
56% more funds holding in top 10
Funds holding in top 10: 45 [Q2] → 70 (+25) [Q3]
28% more call options, than puts
Call options by funds: $2.55B | Put options by funds: $1.99B
21% more capital invested
Capital invested by funds: $84B [Q2] → $102B (+$17.8B) [Q3]
5% more funds holding
Funds holding: 2,386 [Q2] → 2,500 (+114) [Q3]
5% less repeat investments, than reductions
Existing positions increased: 907 | Existing positions reduced: 957
1.45% less ownership
Funds ownership: 75.03% [Q2] → 73.58% (-1.45%) [Q3]
Research analyst outlook
11 Wall Street Analysts provided 1 year price targets over the past 3 months
11 analyst ratings
Barclays David Strauss 68% 1-year accuracy 17 / 25 met price target | 6%upside $565 | Equal-Weight Maintained | 29 Oct 2024 |
RBC Capital Ken Herbert 79% 1-year accuracy 55 / 70 met price target | 24%upside $665 | Outperform Maintained | 23 Oct 2024 |
TD Cowen Cai von Rumohr 100% 1-year accuracy 11 / 11 met price target | 14%upside $610 | Buy Maintained | 23 Oct 2024 |
UBS Gavin Parsons 53% 1-year accuracy 8 / 15 met price target | 13%upside $603 | Neutral Maintained | 23 Oct 2024 |
Susquehanna Charles Minervino 48% 1-year accuracy 32 / 67 met price target | 30%upside $695 | Positive Maintained | 23 Oct 2024 |
Financial journalist opinion
Based on 49 articles about LMT published over the past 30 days
