Lockheed Martin (LMT) is up 3.5% today. Here is some analysis on what might have caused this price movement.
Analysis: The most likely driver is a newly announced U.S. government award worth up to $35 billion for THAAD interceptor production, which materially strengthens long-term demand visibility for one of Lockheed Martin’s key missile-defense programs. The move also fits a broader market view that missile and air-defense spending is becoming a larger growth engine for the company.
Details:
Lockheed Martin disclosed a seven-year undefinitized contract action for up to $35 billion to quadruple THAAD interceptor production, giving investors a fresh reason to price in stronger future missile revenue.The award follows a January 2026 framework agreement tied to expanding THAAD capacity, suggesting the production ramp is moving from planning into contract execution.Management had already highlighted elevated demand for missile-defense systems in 2026, and the company’s recent materials pointed to plans to significantly expand THAAD and PAC-3 output over the next several years.Lockheed Martin’s first-quarter 2026 results also showed a large backlog and reaffirmed full-year guidance, which may have made the market more willing to reward a major contract win.Sources:
Lockheed Martin, SEC, MarketScreener, Defense Daily
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 $0.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
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$LMT Hedge Fund Activity
We have seen 1,365 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 $43,790,069,799 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...: $14,145,641,286
- 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 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.
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Lockheed Martin Gains as Investors React to Major THAAD Production Award
Lockheed Martin (LMT) is up 3.5% today. Here is some analysis on what might have caused this price movement.
Analysis: The most likely driver is a newly announced U.S. government award worth up to $35 billion for THAAD interceptor production, which materially strengthens long-term demand visibility for one of Lockheed Martin’s key missile-defense programs. The move also fits a broader market view that missile and air-defense spending is becoming a larger growth engine for the company.
Details:
Sources:
Lockheed Martin, SEC, MarketScreener, Defense Daily
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:
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 1,365 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:
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 $43,790,069,799 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:
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 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:
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:
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.
Read full article here »