LMT
LOCKHEED MARTIN CORPEvidence as of 2026-09-02Overview · LOCKHEED MARTIN CORP
Lockheed Martin Corporation, a security and aerospace company, engages in the research, design, development, manufacture, integration, and sustainment of technology systems, products, and services worldwide. It operates through four segments: Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space. The Aeronautics segment offers combat and air mobility aircraft, unmanned air vehicles, and relate…
Management team
- Mr. Kevin James O'Connor J.D. · Senior Vice President, General Counsel & Corporate SecretaryFind on LinkedIn
- Mr. Robert M. Lightfoot Jr. · President of SpaceFind on LinkedIn
- Ms. Stephanie C. Hill · President of Rotary & Mission SystemsFind on LinkedIn
- Mr. Frank A. St. John · Chief Operating OfficerFind on LinkedIn
Start your 7-day free trial to see the full management team.
Links open LinkedIn searches, not verified profiles. Team data from our market-data vendor's company profile.
Moneyta sentiment
Where the published evidence leans after the desk debated it — not a rating or a recommendation.
+0.1 on a −2 to +2 scale.
What builds the score
Solid bars are analyst rubric scores; faded bars are computed directly from data. Claims dropped in debate count for nothing; weakened claims count at half weight.
Editor's note
Written after the debate settled — the rest of the page is the evidence behind it.
The surviving evidence paints a mixed operating picture with clear quarter‑to‑quarter improvement: revenues rose from $ 18,021,000,000 in Q1 2026 (fiscal quarter ended 2026-04-20) to $ 20,063,000,000 in Q2 2026 (fiscal quarter ended 2026-07-20), while gross profit increased from $ 2,078,000,000 to $ 2,446,000,000 and gross margin moved from about 11.5% to about 12.2%. Operating income climbed from $ 2,063,000,000 to $ 2,479,000,000 (operating margin ~11.5% to ~12.3%), net income rose from $ 1,488,000,000 to $ 1,836,000,000 (net margin ~8.3% to ~9.2%), and diluted EPS went from $ 6.44 to $ 7.94 across those two quarters.
Market and valuation signals are mixed: 12_1 momentum remains strong at +43.1% (80th percentile), but three‑ and six‑month momentum are +6.1% and −17.9% respectively, and short‑term volatility is high (30‑day annualized vol 40.7%, 90‑day 31.8%). At a price near $ 544.5 on 2026-09-01, the model implies an 18.1% perpetual FCF growth rate to justify current valuation, with P/FCF ≈ 28.8, EV/EBITDA ≈ 16.74, and P/E (TTM) ≈ 23.89; trailing twelve‑month FCF is $ 4,369,000,000 and FCF/share ≈ $ 18.9052.
How this note was made
every stage ran before the note was writtenAnalyst desk
Mercer, Oakes, Nash, Ellis, Yates, Talbot and Archer. The desk: named AI agents, not people. Each reads one slice of the evidence and nothing else — no outside knowledge, no browsing — so every finding traces to a source you can open.
Reads the XBRL figures companies file with the SEC — revenue, margins, income, debt and share count, quarter by quarter — and reports which way the trend is running.
Revenues increased from $18,021,000,000 in fiscal Q1 2026 (2026-01-01 to 2026-03-29, 3mo) to $20,063,000,000 in fiscal Q2 2026 (2026-03-30 to 2026-06-28, 3mo).
XBRL companyfacts · 0001628280-26-026836Gross profit rose from $2,078,000,000 in fiscal Q1 2026 (2026-01-01 to 2026-03-29, 3mo) to $2,446,000,000 in fiscal Q2 2026 (2026-03-30 to 2026-06-28, 3mo); gross margin moved from ~11.5% to ~12.2% (gross profit / revenue using the cited quarter figures).
XBRL companyfacts · 0001628280-26-049411Reads the filings themselves, above all the year-over-year diff of Item 1A risk factors: which risks a company added, dropped or quietly reworded since its last annual report.
Which filings the desk reads
The desk reads the annual 10-K in full — its risk factors, and how they changed since last year. Quarterly 10-Qs and event filings (8-Ks, insider Form 4s) are listed for context but not read line by line: the 10-K is where the material risk disclosures live. A brand-new company, or one we have only just begun tracking, may have no annual report on file yet — its risk analysis fills in once that lands.
An 8-K reporting event was filed on 2026-08-28 (the 8-K filed 28 August 2026).
8-K filed 2026-08-28A Form 4 insider transaction report was filed on 2026-08-17 (the 4 filed 17 August 2026).
4 filed 2026-08-17Reads the signal panel above — momentum, volatility, drawdown, relative strength and beta — and ranks each against the whole research universe rather than judging it in isolation.
Beta vs SPY is 0.07 and correlation vs SPY is 0.03 on 2026-09-01, indicating very low market sensitivity by those measures.
Moneyta signal set · 2026-09-01Three-month momentum is +6.1% while six-month momentum is -17.9%, and six-month momentum ranks in the 9th percentile of the 547-stock research universe, showing recent momentum has been weak on a half-year horizon.
Moneyta signal set · 2026-09-01Reads which funds hold the name and at what weight, plus insider Form 4 filings, to show the exposure you may already carry through index funds.
As of 2026-09-02, LMT is a 3.51% weight in the SCHD ETF.
ETF constituents · market dataThe etf_membership list shows LMT included in eight ETFs (SCHD, VYM, VTV, VOO, SCHB, SCHX, IVV, IWF) with individual fund weights ranging from 0.12% to 3.51% as of timestamps on 2026-09-01 and 2026-09-02.
ETF constituents · market dataReads recent headlines that are genuinely about this company, ignoring rating chatter and market-wide stories. Findings argue in the debate but never move the sentiment score.
Multiple outlets reported the stock moved lower on 1 September 2026, with a cited intraday decline around 3% and a last trade near $543–$544 on that date.
News · finance.yahoo.com · 2026-09-01The same dip story was carried by at least two distinct outlets using the same headline on 1 September 2026, indicating syndicated or widely repeated coverage of the intraday decline.
News · zacks.com · 2026-09-01Reads parsed Forms 3/4/5 — who bought or sold, at what size, and whether a 10b5-1 plan was involved. Flags clustered open-market officer buying; treats plan sales as routine and never counts a fund or 10%-holder as an officer.
On 13 August 2026, Donovan John (Director) reported selling 120 shares (transaction shows "value": "$0").
Form 4 · Donovan John (Director) · $0 sold · 2026-08-13On 13 August 2026, Donovan John (Director) reported selling 204 shares (transaction shows "value": "$0").
Form 4 · Donovan John (Director) · $0 sold · 2026-08-13Reads the implied-expectations math built from the company's own filings (the growth rate today's price would justify, and the multiples beside it) and argues whether the market's bar looks high or low for this business. Never turns the math into a target.
At the price 544.5 on 2026-09-01, the model reports an implied free cash flow (FCF) growth rate of 18.1% that today's price would justify under the stated discount and terminal assumptions.
Valuation inputs · SEC XBRL + stored EOD closeTrailing twelve-month FCF is $4,369,000,000 and FCF per share is $18.9052 based on the shares used in the model.
Valuation inputs · SEC XBRL + stored EOD closeDebate and risk review
A bull and a bear contest the claims and the chair rules on each; the risk review stress-tests what survived.
A bull and a bear argue the analysts' claims across two rounds, then a chair rules on each one. Only what survives feeds the score — the argument is shown, not hidden, so you can judge the reasoning yourself.
The supplied company-reported fundamentals show clear quarter-over-quarter operational improvement: revenue, gross profit, operating income, net income, and diluted EPS all increased from Q1 to Q2 2026 (fundamentals-0 through fundamentals-4). These items are strong primary-source filings and offer high-strength evidence of recent profit and margin expansion in the cited quarters. Market-position signals strengthen a favorable read: very low beta/correlation to SPY (market-0) reduces market-sensitivity concerns, the 12_1 momentum metric is strong and ranks in the 80th percentile (market-2), and the dividend yield and ETF weightings indicate meaningful income and passive ownership support (market-4, ownership-0, ownership-1) — these are medium-strength signals derived from market-data snapshots and ETF holdings. Against the bear points, the aggressive implied FCF growth cited by the model (valuation-3) is an interpretive conclusion of the model rather than a primary financial result, and short-term negative momentum or intraday price dips (market-1, news-0/news-1) are weaker, transient market signals relative to the company’s quarter-over-quarter earnings improvements.
Chair's verdict, claim by claim
Fragility · computed, not argued
balanced0.36
41 surviving claims rest on 17 distinct sources; the heaviest analyst carries 20% of them, and 98% of what the desk raised survived the debate.
The read rests on a moderate breadth of documentation (17 distinct sources) but shows some analyst concentration — one analyst authored about one-fifth of surviving claims — so a few contributors carry outsized influence. A 98% survival rate through desk debate signals low culling (claims were largely unchallenged), which increases confidence in internal consistency but also suggests the set may be brittle to a small number of new, contradicting primary documents.
Peer context · computed, not argued
12-1 momentum ranks 1st of 4 in Aerospace & Defense (as of 2026-09-01).
90-day volatility ranks 2nd of 4 in Aerospace & Defense (as of 2026-09-01).
dividend yield ranks 1st of 4 in Aerospace & Defense (as of 2026-09-01).
Disconfirming evidence · base rates · falsifiers
Context
Outside consensus, and where this name already sits in your own portfolio.
Third-party consensus shown for context. It never enters Moneyta sentiment — when the two diverge, the debate above is where the why lives.
What this was built from
Every figure on this page traces to one of these. The desk reads only what is listed here — no outside knowledge, no browsing — and each card shows who read it and what it contributed to the score.
13 filings· 2 cited
SEC XBRL filings
Quarterly figures as filed with the SEC, read straight from EDGAR's structured data — not retyped or estimated.
Read by Mercer+0.8 to the score
2 documents
SEC filing documents
The filings themselves, including the year-over-year comparison of Item 1A risk factors.
Read by Oakes+0.0 to the score
1 signal set
Moneyta signal set
Computed from our own end-of-day price history and ranked against the whole research universe. No AI involved.
Read by Nash−0.1 to the score
3 holdings records· 1 cited
Fund holdings
Which funds hold this name and at what weight, plus insider Form 4 filings.
Read by Ellis+0.7 to the score
8 headlines· 2 cited
News coverage
Recent headlines about this company, rating chatter excluded and nothing published after the report date.
Read by Yatesnothing survived
1 filing
Insider filings
Parsed Forms 3/4/5 from EDGAR: named insiders, share counts, prices, and 10b5-1 plan state — stated and inferred flags kept apart.
Read by Talbot−0.9 to the score
1 computation
Valuation inputs
TTM cash-flow figures from the company's own XBRL filings, priced with the stored closing price. Implied growth and multiples only; no fair-value dollar figure reaches the desk, by design.
Read by Archercontext only
1 record· 0 cited
Company profile
Sector, industry and company details.
1 record· 0 cited
Analyst consensus
Third-party consensus, shown for context only — it never enters Moneyta sentiment.
Read means we pulled and handed it to an analyst; cited means a claim on this page points at it. Reading twelve quarters to state one trend is normal — the gap is shown rather than hidden.
Written by AI, checked against sources
The analysts, the bull–bear debate and the editor's note are AI agents reading only the evidence listed on this page. They can misread a filing or a headline, which is why every claim cites a source you can open and check yourself. The sentiment score is arithmetic over the claims that survived the debate, not a language model's opinion.
Educational analysis of published data. Moneyta does not give investment advice or make recommendations. Past patterns do not indicate future results.
Get this for the tickers you actually hold
Plus the one thing no sample can show: how each name correlates with your portfolio, and what hides inside your funds.
The full terminal on LMT Gold
Who holds it, who's buying, what the Street thinks: live behind the lock, updated as filings land.
Institutional holders
Net institutional flow, Q/Q
Largest holder position
Insider buys, 90 days
Clustered insider value
Street target range
The real figures are for members. Educational analysis, not advice.
Educational analysis of published data. Moneyta does not give investment advice or make recommendations.