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.
Reviewed by automated data checks against the source filing. How we make and check alerts
Rep. Kevin Hern (R-OK) sold between $15,001 and $50,000 of Lockheed Martin Corporation ($LMT) stock on September 23, 2026. The trade was disclosed in a STOCK Act periodic transaction report filed October 13, 2026.
Since the trade, $LMT is down 2.9% after 1 week and up 5.2% to date (from the $524.68 close on Sep 23, 2026).
Financial Disclosure Report
Clerk of the House of Representatives • Legislative Resource Center • B81 Cannon Building • Washington, DC 20515
Filer Information
- Name:
- Rep. Kevin Hern (R-OK)
- Status:
- Member — House
- State/District:
- OK-1
- Party:
- Republican
Filing Information
- Filing Type:
- Periodic Transaction Report
- Filing Year:
- 2026
- Filing Date:
- Oct 13, 2026
Schedule B: Transactions
| Asset | Transaction | Date | Amount |
|---|---|---|---|
| Lockheed Martin Corporation ($LMT) | Sell | Sep 23, 2026 | $15,001 - $50,000 |
Summary of the filed report, not the original document. View the original: STOCK Act disclosure (House Clerk)
LMT
Lockheed Martin Corporation
Key Points
- Kevin Hern sold shares of Lockheed Martin valued between $15,001 and $50,000 on September 23, 2026.
- The stock recently traded around $549.81, which is below its 52-week high of $692.00.
- Lockheed Martin has a market cap of approximately $122.9 billion and a P/E ratio of 19.6.
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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 23, 2026. The transaction was reported on October 13, 2026, according to a filing under the STOCK Act.
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 reported holdings of about 32.9 million shares, valued at approximately $18.2 billion. Blackrock Inc. holds around 18.9 million shares worth about $10.4 billion. Vanguard Capital Management LLC has about 14.2 million shares valued at roughly $7.8 billion. Charles Schwab Investment Management, Inc. owns about 7.8 million shares worth about $4.3 billion. Lastly, Morgan Stanley holds around 5.7 million shares valued at approximately $3.2 billion.
Lockheed Martin Corporation Stock Up 5.7%
The stock recently traded around $549.81 as of October 16, 2026. This price is below its 52-week high of $692.00 but above its 52-week low of $437.25. It also trades above its 50-day moving average of $543.77, indicating a relatively strong position in the short term.
Recent Earnings
Lockheed Martin reported trailing twelve-month revenue of approximately $77 billion and an EPS of $27.13. The company's net margin stands at 8.2%, with a return on equity of 89.2%. The next earnings report is scheduled for October 22, 2026.
Insider Buying and Selling at Lockheed Martin Corporation
Several insiders have sold shares recently. On February 27, 2026, Officer Gregory M. Ulmer sold 2,840 shares at an average price of $658.08, totaling approximately $1.87 million. Officer Timothy S. Cahill sold 4,620 shares on March 11, 2026, at an average price of $649.47, valued at about $3.0 million. Additionally, Officer Robert M. Lightfoot Jr. sold 2,606 shares on August 12, 2026, and Director John M. Donovan sold 3,378 shares on August 13, 2026.
Analysts Set New Price Targets
On July 24, 2026, Morgan Stanley maintained an Equal-Weight rating with a price target of $690.00. Citigroup also maintained a Buy rating with a target of $691.00 on August 13, 2026. UBS upgraded its rating to Buy with a target of $674.00 on September 8, 2026. Recently, on October 6, 2026, Rothschild & Co initiated coverage with a Buy rating and a target of $650.00. TD Cowen maintained a Hold rating with a target of $570.00 on October 9, 2026. The consensus recommendation is a Buy with a mean target price of $618.86 from 21 analysts.
About Lockheed Martin Corporation
Lockheed Martin Corporation is an aerospace and defense company that designs, develops, and manufactures various technology systems and products. It operates through four segments: Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space. The company is headquartered in Bethesda, Maryland, and employs about 123,000 people.
Bottom Line
Investors will be watching for Lockheed Martin's earnings report on October 22, 2026, as well as any further trades by Congressman Hern. The stock's recent performance and analyst ratings will also be key points of interest.
Related Filing Alerts
Source: Kevin Hern's STOCK Act disclosure on $LMT (Sep 23, 2026). Read the original filing: STOCK Act disclosure (House Clerk). Written by software, not financial advice. How we make alerts