Rep. Kevin Hern (R-OK) Sells Lockheed Martin (LMT) Stock
Oklahoma Congressman Kevin Hern sold shares of Lockheed Martin valued between $15,001 and $50,000 on September 2, 2026.
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Rep. Kevin Hern (R-OK) sold between $15,001 and $50,000 of Lockheed Martin Corporation ($LMT) stock on September 2, 2026. The trade was disclosed in a STOCK Act periodic transaction report filed September 25, 2026.
Since the trade, $LMT is down 1.3% after 1 week, down 4.9% after 1 month and up 3.9% to date (from the $531.55 close on Sep 2, 2026).
Financial Disclosure Report
Clerk of the House of Representatives • Legislative Resource Center • B81 Cannon Building • Washington, DC 20515
Filer Information
- Name:
- Rep. Kevin Hern (R-OK)
- Status:
- Member — House
- State/District:
- OK-1
- Party:
- Republican
Filing Information
- Filing Type:
- Periodic Transaction Report
- Filing Year:
- 2026
- Filing Date:
- Sep 25, 2026
Schedule B: Transactions
| Asset | Transaction | Date | Amount |
|---|---|---|---|
| Lockheed Martin Corporation ($LMT) | Sell | Sep 2, 2026 | $15,001 - $50,000 |
Summary of the filed report, not the original document. Find the original: House financial disclosure search
LMT
Lockheed Martin Corporation
Key Points
- Kevin Hern, a Republican from Oklahoma's House, sold shares of Lockheed Martin worth between $15,001 and $50,000 on September 2, 2026.
- Lockheed Martin's stock closed at $547.93 on the day of the sale, showing a significant presence in the aerospace and defense sector.
- The company's next earnings report is scheduled for October 22, 2026, with a recent analyst consensus recommending a 'buy' based on a mean price target of $618.86.
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Oklahoma Congressman Kevin Hern sold shares of Lockheed Martin Corporation (NYSE: LMT) valued between $15,001 and $50,000 on September 2, 2026. This transaction was reported on September 25. Hern is a Republican member of the House, representing Oklahoma's 1st congressional district.
This sale reflects Hern's ongoing adjustments to his investment portfolio, having made several similar trades recently. On the same day, he also sold shares of other companies like TJX Companies and Starbucks.
Kevin Hern vs. the S&P 500
Hypothetical returns from Kevin Hern's disclosed trades, not real profit or advice. How we model this.
Other Institutional Activity in Lockheed Martin
State Street Corporation added 419,962 shares, bringing its total holdings to about 32.98 million shares worth approximately $18.08 billion. Blackrock Inc. increased its stake by 1,045,012 shares, now holding about 18.88 million shares valued at about $10.35 billion. Vanguard Capital Management LLC gained 92,835 shares, ending with around 14.16 million shares worth roughly $7.76 billion. Meanwhile, Charles Schwab Investment Management, Inc. grew its position by 653,719 shares to a total of 7.81 million shares valued at about $4.28 billion.
Lockheed Martin Corporation Stock Up 4.9%
Lockheed Martin shares traded at $547.93 on the day of Hern's trade, closing above its 50-day moving average of $543.77. The stock has been volatile, with a 52-week range from $437.25 to $692.00. Analysts currently have a mean price target of $618.86, indicating potential room for growth.
Recent Earnings
Lockheed Martin reported revenue of $77.01 billion, reflecting a growth rate of 10.5%. The company has an earnings per share (EPS) of $27.13 and a net margin of 8.16%. The next earnings report is anticipated on October 22, 2026, which will provide further insights into its financial health.
Insider Buying and Selling at Lockheed Martin Corporation
Several insiders sold shares recently, including Director John M. Donovan, who sold 3,378 shares on August 13, 2026, and Officer Robert M. Lightfoot Jr., who sold 2,606 shares on August 12, 2026. These transactions highlight ongoing adjustments made by company insiders.
Analysts Set New Price Targets
On October 15, 2026, RBC Capital maintained its rating of 'Sector Perform' on Lockheed Martin, lowering the price target to $550 from $600. Bernstein also maintained its 'Market Perform' rating, adjusting its target to $564 from $629 on October 14. Overall, there are currently 21 analyst opinions with a consensus rating of 'buy' and a mean price target of $618.86.
About Lockheed Martin
Lockheed Martin Corporation is a leading aerospace and defense company based in Bethesda, Maryland. It focuses on the research, design, development, and manufacturing of advanced technology systems and services across various segments, including aeronautics and space. Hern's recent sale of shares highlights the dynamic nature of Congressional trading and investment strategies.
Bottom Line
Investors should pay attention to Lockheed Martin's upcoming earnings report on October 22, 2026, for insights into its performance. Kevin Hern's trades reflect a broader trend among lawmakers actively managing their portfolios. Note that this sale was disclosed under the STOCK Act, which requires transparency in congressional trading activities.
Related Filing Alerts
Source: Kevin Hern's STOCK Act disclosure on $LMT (Sep 2, 2026). Find the original filing: House financial disclosure search. Written by software, not financial advice. How we make alerts