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)
131% more first-time investments, than exits
New positions opened: 287 | Existing positions closed: 124
60% more funds holding in top 10
Funds holding in top 10: 45 [Q2] → 72 (+27) [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 (+$18B) [Q3]
7% more funds holding
Funds holding: 2,391 [Q2] → 2,554 (+163) [Q3]
5% less repeat investments, than reductions
Existing positions increased: 929 | Existing positions reduced: 977
1.28% less ownership
Funds ownership: 75.04% [Q2] → 73.75% (-1.28%) [Q3]
Research analyst outlook
9 Wall Street Analysts provided 1 year price targets over the past 3 months
9 analyst ratings
Wells Fargo Matthew Akers 30% 1-year accuracy 14 / 46 met price target | 11%upside $543 | Equal-Weight Maintained | 11 Dec 2024 |
Barclays David Strauss 48% 1-year accuracy 13 / 27 met price target | 15%upside $565 | Equal-Weight Maintained | 29 Oct 2024 |
RBC Capital Ken Herbert 48% 1-year accuracy 33 / 69 met price target | 36%upside $665 | Outperform Maintained | 23 Oct 2024 |
TD Cowen Cai von Rumohr 64% 1-year accuracy 16 / 25 met price target | 25%upside $610 | Buy Maintained | 23 Oct 2024 |
UBS Gavin Parsons 56% 1-year accuracy 10 / 18 met price target | 23%upside $603 | Neutral Maintained | 23 Oct 2024 |
Financial journalist opinion
Based on 48 articles about LMT published over the past 30 days
