LMTNYSEGuided Missiles & Space Vehicles & PartsFiscal year ends December 31
LOCKHEED MARTIN CORP
Financials through Q2 FY2026, quarter ended Jun 28, 2026Last filing: 10-Q on Jul 23, 2026
$548.23−3.86 (-0.70%)
Close on Oct 19, 2026
- Market cap
- $126.70B
- P/E (TTM)
- 20.2
- Dividend yield
- 2.44%
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
75.7%
175M of 231M shares
Institutional holders
2,772
153 new, 257 sold out
Net institutional buying
2M
In Q2 2026
Insider trades, 12 months
0 buys · 24 sales
Net sold $3.95M
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| BlackRock, Inc. | 18,292,313 | 7.40% | 13G (passive) amendment | Dec 31, 2023 |
| Vanguard Capital Management | 16,111,934 | 6.99% | 13G (passive) | Mar 31, 2026 |
| Lockheed Martin Corporation | 1,000 | 100.00% | 13D (active) amendment | Oct 30, 2024 |
| State Street Corporation | – | – | 13G (passive) amendment | Dec 31, 2023 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of LMT | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| State Street Corp | 32,975,170 | 14.29% | $16.80B | +419,582 | 0.50% |
| BlackRock, Inc. | 18,877,978 | 8.18% | $9.62B | +1,045,265 | 0.14% |
| Vanguard Capital Management LLC | 14,158,758 | 6.13% | $7.21B | +93,270 | 0.15% |
| Charles Schwab Investment Management Inc | 7,806,000 | 3.38% | $3.98B | +653,551 | 0.53% |
| Morgan Stanley | 5,706,408 | 2.47% | $2.91B | +41,551 | 0.15% |
| Vanguard Portfolio Management LLC | 5,559,369 | 2.41% | $2.83B | +228,784 | 0.13% |
| Geode Capital Management, LLC | 5,216,758 | 2.26% | $2.66B | +144,356 | 0.14% |
| Invesco Ltd. | 2,426,642 | 1.05% | $1.24B | +467,153 | 0.10% |
| Bank Of America Corp /De/ | 2,284,661 | 0.99% | $1.16B | −411,028 | 0.07% |
| Sanders Capital, LLC | 2,093,533 | 0.91% | $1.07B | +952,510 | 1.07% |
| Northern Trust Corp | 1,961,038 | 0.85% | $999.07M | +19,943 | 0.12% |
| Goldman Sachs Group Inc | 1,902,778 | 0.82% | $969.39M | +200,953 | 0.08% |
| Capital World Investors | 1,844,218 | 0.80% | $939.56M | −26,535 | 0.11% |
| Royal Bank of Canada | 1,715,798 | 0.74% | $874.13M | −91,154 | 0.13% |
| FMR LLC | 1,667,767 | 0.72% | $849.66M | −582,306 | 0.04% |
| Two Sigma Investments, LP | 1,569,836 | 0.68% | $799.77M | +220,664 | 0.58% |
| Franklin Resources Inc | 1,515,260 | 0.66% | $771.96M | +109,513 | 0.17% |
| Aqr Capital Management LLC | 1,376,925 | 0.60% | $701.49M | −130,861 | 0.24% |
| T. Rowe Price Investment Management, Inc. | 1,370,094 | 0.59% | $698.01K | +1,364,023 | 0.46% |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 1,320,995 | 0.57% | $672.90M | −122,284 | 0.80% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 2,772 | 175M | 75.7% | 153 / 1177 | 1027 / 257 | 12M | 10M |
| Q1 2026 | 2,930 | 174M | 75.2% | 359 / 1066 | 1131 / 106 | 36M | 12M |
| Q4 2025 | 2,726 | 172M | 74.6% | 334 / 988 | 1047 / 133 | 11M | 10M |
| Q3 2025 | 2,585 | 171M | 74.1% | 200 / 924 | 1121 / 177 | 10M | 14M |
| Q2 2025 | 2,609 | 176M | 76.1% | 176 / 1102 | 956 / 105 | 8M | 6M |
| Q1 2025 | 2,569 | 174M | 75.4% | 142 / 1039 | 1045 / 215 | 9M | 9M |
| Q4 2024 | 2,694 | 175M | 75.9% | 355 / 1064 | 932 / 215 | 10M | 11M |
| Q3 2024 | 2,602 | 177M | 76.5% | 289 / 949 | 998 / 87 | 25M | 7M |
| Q2 2024 | 2,432 | 175M | 76.0% | 160 / 1053 | 870 / 117 | 6M | 18M |
| Q1 2024 | 2,418 | 187M | 81.1% | 146 / 985 | 957 / 140 | 12M | 9M |
| Q4 2023 | 2,445 | 185M | 80.1% | 320 / 922 | 898 / 108 | 13M | 11M |
| Q3 2023 | 2,264 | 184M | 79.5% | 136 / 934 | 869 / 146 | 6M | 9M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of LMT | Value | % of fund | As of |
|---|---|---|---|---|---|
| Vanguard Total Stock Market Index Fund | 7,318,821 | 3.17% | $3.73B | 0.16% | Jun 30, 2026 |
| Vanguard 500 Index Fund | 5,258,877 | 2.28% | $2.68B | 0.16% | Jun 30, 2026 |
| Schwab U.S. Dividend Equity ETF | 4,835,703 | 2.10% | $2.57B | 2.70% | May 31, 2026 |
| iShares Core S&P 500 ETF | 2,790,747 | 1.21% | $1.42B | 0.16% | Jun 30, 2026 |
| Fidelity 500 Index Fund | 2,591,019 | 1.12% | $1.37B | 0.17% | May 31, 2026 |
| Vanguard Value Index Fund | 2,194,567 | 0.95% | $1.12B | 0.44% | Jun 30, 2026 |
| Global X Defense Tech ETF | 1,267,716 | 0.55% | $672.46M | 8.42% | May 31, 2026 |
| State Street(R) Industrial Select Sector SPDR(R) ETF | 1,195,856 | 0.52% | $609.24M | 1.79% | Jun 30, 2026 |
| iShares U.S. Aerospace & Defense ETF | 1,148,107 | 0.50% | $584.91M | 4.05% | Jun 30, 2026 |
| Vanguard Dividend Appreciation Index Fund | 1,147,972 | 0.50% | $668.97M | 0.51% | Jul 31, 2026 |
| Vanguard Institutional Index Fund | 1,101,437 | 0.48% | $561.14M | 0.16% | Jun 30, 2026 |
| Invesco Aerospace & Defense ETF | 941,534 | 0.41% | $548.67M | 6.64% | Jul 31, 2026 |
| T. Rowe Price Capital Appreciation Fund | 842,240 | 0.36% | $429.09M | 0.61% | Jun 30, 2026 |
| Vanguard High Dividend Yield Index Fund | 817,626 | 0.35% | $476.46M | 0.48% | Jul 31, 2026 |
| Income Fund of America | 814,957 | 0.35% | $474.91M | 0.32% | Jul 31, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| James D. Taiclet Jr | Chairman, President & CEO, Director | 84,525 | 0.04% | Feb 27, 2026 |
| Robert M. Lightfoot JR | President Space | 2,262 | 0.00% | Aug 13, 2026 |
| John Frank A. St | Chief Operating Officer | 3,874 | 0.00% | Aug 4, 2026 |
| Stephanie C. Hill | Pres. Rotary & Mission Systems | 13,204 | 0.01% | Jun 15, 2026 |
| Orlando Sanchez Jr. | President Aeronautics | 460 | 0.00% | Jun 10, 2026 |
| Timothy S. Cahill | Pres. Missiles & Fire Control | 9,665 | 0.00% | Mar 13, 2026 |
| Harry Edward Paul III | Vice President & Controller | 3,305 | 0.00% | Feb 27, 2026 |
| Kevin J. O'Connor | SVP & General Counsel | 5,322 | 0.00% | Feb 27, 2026 |
| Evan T. Scott | Chief Financial Officer | 1,797 | 0.00% | Feb 27, 2026 |
| Gregory M. Ulmer | President Aeronautics | 5,766 | 0.00% | Feb 27, 2026 |
| Maria A. Ricciardone | VP, Treasurer & Investor Rel. | 1,091 | 0.00% | Feb 24, 2026 |
| Jesus Malave Jr | Chief Financial Officer | 17,904 | 0.01% | Feb 28, 2025 |
| Maryanne Lavan | SVP & General Counsel | 102 | 0.00% | Dec 10, 2024 |
| John Donovan | Director | 2,842 | 0.00% | Aug 17, 2026 |
| David B. Burritt | Director | 6,003 | 0.00% | Jul 2, 2026 |
| Vicki A. Hollub | Director | 416 | 0.00% | Apr 6, 2026 |
| Joseph F. Dunford Jr | Director | 0 | – | Apr 2, 2026 |
| Heather A. Wilson | Director | 0 | – | Feb 18, 2026 |
| Patricia E. Yarrington | Director | 0 | – | Feb 18, 2026 |
| John C. Aquilino | Director | 0 | – | Feb 18, 2026 |
| Debra L. Reed | Director | 155 | 0.00% | Feb 18, 2026 |
| Thomas J. Falk | Director | 5,250 | 0.00% | Feb 18, 2026 |
| Bruce A. Carlson | Director | 0 | – | Feb 19, 2025 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| John Donovan Director | Aug 13, 2026 | Sale | −212 | – | – | 2,842 |
| John Donovan Director | Aug 13, 2026 | Sale | −469 | – | – | 2,373 |
| John Donovan Director | Aug 13, 2026 | Sale | −631 | – | – | 1,742 |
| John Donovan Director | Aug 13, 2026 | Sale | −1,742 | – | – | 0 |
| John Donovan Director | Aug 13, 2026 | Sale | −204 | – | – | 3,054 |
| John Donovan Director | Aug 13, 2026 | Sale | −120 | – | – | 3,258 |
| Robert M. Lightfoot JR President Space | Aug 12, 2026 | Sale | −196 | $600.12 | $117.62K | 2,015 |
| Robert M. Lightfoot JR President Space | Aug 11, 2026 | Sale | −846 | – | – | 3,775 |
| Robert M. Lightfoot JR President Space | Aug 11, 2026 | Sale | −1,564 | – | – | 2,211 |
| John Frank A. St Chief Operating Officer | Jul 31, 2026 | Discretionary | −7.02 | – | – | 0 |
| Stephanie C. Hill Pres. Rotary & Mission Systems | Jun 11, 2026 | Gift | −368 | – | – | 8,964 |
| Vicki A. Hollub Director | Apr 1, 2026 | Option exercise | +415.6 | – | – | 416 |
| Timothy S. Cahill Pres. Missiles & Fire Control | Mar 11, 2026 | Sale | −1,280 | – | – | 9,591 |
| Timothy S. Cahill Pres. Missiles & Fire Control | Mar 11, 2026 | Sale | −900 | – | – | 10,871 |
| Timothy S. Cahill Pres. Missiles & Fire Control | Mar 11, 2026 | Sale | −640 | – | – | 11,771 |
| Timothy S. Cahill Pres. Missiles & Fire Control | Mar 11, 2026 | Sale | −600 | – | – | 12,411 |
| Timothy S. Cahill Pres. Missiles & Fire Control | Mar 11, 2026 | Sale | −440 | – | – | 13,011 |
| Timothy S. Cahill Pres. Missiles & Fire Control | Mar 11, 2026 | Sale | −400 | – | – | 13,451 |
| Timothy S. Cahill Pres. Missiles & Fire Control | Mar 11, 2026 | Sale | −280 | – | – | 13,851 |
| Timothy S. Cahill Pres. Missiles & Fire Control | Mar 11, 2026 | Sale | −80 | – | – | 14,131 |
| Gregory M. Ulmer President Aeronautics | Feb 27, 2026 | Sale | −2,520 | – | – | 5,661 |
| Gregory M. Ulmer President Aeronautics | Feb 27, 2026 | Sale | −320 | – | – | 8,181 |
| Kevin J. O'Connor SVP & General Counsel | Feb 26, 2026 | Option exercise | +5,285 | – | – | 5,285 |
| Kevin J. O'Connor SVP & General Counsel | Feb 26, 2026 | Tax withholding | −2,566 | $641.63 | $1.65M | 2,719 |
| Stephanie C. Hill Pres. Rotary & Mission Systems | Feb 24, 2026 | Sale | −10 | $666.05 | $6.66K | 11,732 |
| Stephanie C. Hill Pres. Rotary & Mission Systems | Feb 24, 2026 | Sale | −2,400 | – | – | 9,332 |
| John Frank A. St Chief Operating Officer | Feb 22, 2026 | Tax withholding | −2,993 | $658.26 | $1.97M | 3,826 |
| John Frank A. St Chief Operating Officer | Feb 22, 2026 | Option exercise | +3,756 | – | – | 3,756 |
| John Frank A. St Chief Operating Officer | Feb 22, 2026 | Award | +3,063 | – | – | 6,819 |
| Timothy S. Cahill Pres. Missiles & Fire Control | Feb 22, 2026 | Option exercise | +2,533 | – | – | 13,904 |
| Timothy S. Cahill Pres. Missiles & Fire Control | Feb 22, 2026 | Award | +2,059 | – | – | 15,963 |
| Timothy S. Cahill Pres. Missiles & Fire Control | Feb 22, 2026 | Tax withholding | −1,752 | $658.26 | $1.15M | 14,211 |
| Harry Edward Paul III Vice President & Controller | Feb 22, 2026 | Option exercise | +886 | – | – | 3,164 |
| Harry Edward Paul III Vice President & Controller | Feb 22, 2026 | Tax withholding | −495 | $658.26 | $325.84K | 2,878 |
| Harry Edward Paul III Vice President & Controller | Feb 22, 2026 | Award | +209 | – | – | 3,373 |
| Gregory M. Ulmer President Aeronautics | Feb 22, 2026 | Tax withholding | −1,752 | $658.26 | $1.15M | 8,501 |
| Gregory M. Ulmer President Aeronautics | Feb 22, 2026 | Option exercise | +2,533 | – | – | 8,194 |
| Gregory M. Ulmer President Aeronautics | Feb 22, 2026 | Award | +2,059 | – | – | 10,253 |
| Robert M. Lightfoot JR President Space | Feb 22, 2026 | Option exercise | +2,627 | – | – | 4,627 |
| Robert M. Lightfoot JR President Space | Feb 22, 2026 | Award | +2,059 | – | – | 6,686 |
| Robert M. Lightfoot JR President Space | Feb 22, 2026 | Tax withholding | −2,080 | $658.26 | $1.37M | 4,606 |
| Maria A. Ricciardone VP, Treasurer & Investor Rel. | Feb 22, 2026 | Tax withholding | −230 | $658.26 | $151.40K | 1,047 |
| Maria A. Ricciardone VP, Treasurer & Investor Rel. | Feb 22, 2026 | Award | +99 | – | – | 1,277 |
| Maria A. Ricciardone VP, Treasurer & Investor Rel. | Feb 22, 2026 | Option exercise | +417 | – | – | 1,178 |
| James D. Taiclet Jr Chairman, President & CEO, Director | Feb 22, 2026 | Award | +7,842 | – | – | 51,624 |
| James D. Taiclet Jr Chairman, President & CEO, Director | Feb 22, 2026 | Option exercise | +9,618 | – | – | 43,782 |
| James D. Taiclet Jr Chairman, President & CEO, Director | Feb 22, 2026 | Tax withholding | −7,661 | $658.26 | $5.04M | 43,963 |
| Evan T. Scott Chief Financial Officer | Feb 22, 2026 | Option exercise | +886 | – | – | 1,269 |
| Evan T. Scott Chief Financial Officer | Feb 22, 2026 | Award | +209 | – | – | 1,478 |
| Evan T. Scott Chief Financial Officer | Feb 22, 2026 | Tax withholding | −533 | $658.26 | $350.85K | 945 |
| Stephanie C. Hill Pres. Rotary & Mission Systems | Feb 22, 2026 | Tax withholding | −2,166 | $658.26 | $1.43M | 11,742 |
| Stephanie C. Hill Pres. Rotary & Mission Systems | Feb 22, 2026 | Option exercise | +2,517 | – | – | 11,849 |
| Stephanie C. Hill Pres. Rotary & Mission Systems | Feb 22, 2026 | Award | +2,059 | – | – | 13,908 |
| Timothy S. Cahill Pres. Missiles & Fire Control | Dec 5, 2025 | Option exercise | +33 | – | – | 11,780 |
| Timothy S. Cahill Pres. Missiles & Fire Control | Dec 5, 2025 | Tax withholding | −33 | $452.20 | $14.92K | 11,780 |
| Timothy S. Cahill Pres. Missiles & Fire Control | Dec 5, 2025 | Option exercise | +33 | – | – | 11,813 |
| Timothy S. Cahill Pres. Missiles & Fire Control | Dec 5, 2025 | Tax withholding | −33 | $452.20 | $14.92K | 11,747 |
| Timothy S. Cahill Pres. Missiles & Fire Control | Dec 5, 2025 | Tax withholding | −38 | $452.20 | $17.18K | 11,709 |
| Timothy S. Cahill Pres. Missiles & Fire Control | Dec 5, 2025 | Gift | −338 | – | – | 11,371 |
| Timothy S. Cahill Pres. Missiles & Fire Control | Dec 5, 2025 | Option exercise | +38 | – | – | 11,747 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Donovan John Director | Aug 13, 2026 | 3,378 | $2.02M | Aug 13, 2026 | Open Market Purchase |
| M. Lightfoot Robert Jr Officer | Aug 12, 2026 | 196 | $117.62K | Aug 12, 2026 | Restricted Stock Vesting Under a Registered Plan |
| M. Lightfoot Robert Jr Officer | Aug 11, 2026 | 2,410 | $1.45M | Aug 11, 2026 | Restricted Stock Vesting Under a Registered Plan |
| Trust Cahill Officer | Mar 11, 2026 | 4,620 | $3.01M | Mar 11, 2026 | Restricted stock vesting under a registered plan |
| M. Ulmer Gregory Officer | Feb 27, 2026 | 2,840 | $1.85M | Feb 27, 2026 | Performance Stock Units |
| C. Hill Stephanie Officer | Feb 24, 2026 | 2,410 | $1.60M | Feb 24, 2026 | Restricted stock vesting under a registered plan |
| A. Stjohn Frank Officer | Oct 23, 2025 | 7,792 | $3.83M | Oct 23, 2025 | Restricted stock vesting under a registered plan |
| R. Lavan Maryanne Former Officer | Feb 27, 2025 | 4,312 | $1.91M | Feb 27, 2025 | Restricted stock vesting under a registered plan |
| M. Lightfoot Robert Jr. Officer | Feb 26, 2025 | 3,213 | $1.42M | Feb 26, 2025 | Restricted stock vesting under a registered plan |
| C. Hill Stephanie Officer | Feb 26, 2025 | 4,791 | $2.12M | Feb 26, 2025 | Restricted stock vesting under a registered plan |
| Edward Paul H. Officer | Feb 26, 2025 | 707 | $312.92K | Feb 26, 2025 | Performance Stock Units |
| C. Johnson Jeh Former Officer | Dec 20, 2024 | 3,144 | $1.53M | Dec 20, 2024 | Compensation for Past Services |
| C. Hill Todnamed Bene Subj To Sta Tod Rules Stephanie Officer | Aug 1, 2024 | 3,272 | $1.78M | Aug 1, 2024 | Restricted stock vesting under a registered plan |
| S. Cahill Timothy Officer | Jul 24, 2024 | 3,975 | $2.05M | Jul 24, 2024 | Restricted stock vesting under a registered plan |
| James O. Ellis Jr Director | Jun 12, 2024 | 13,304 | $6.12M | Jun 12, 2024 | Employee Compensation |