LMT
Lockheed Martin CorporationIndustrials · $117.6B market cap
Verdict
Share price
$505.41
close of Oct 3, 2026
Fair value
$479.12
Sticker Price
Payback Price
$191.65
buy price
LMT is Fairly Valued: at $505.41 it's within 5% of its fair value of $479.12. Its buy price (Payback Price) is $191.65, 62% below today's price. Business quality is limited: only 1 of 5 key numbers clears the 10% bar.
How we valued it
Dividend Discount Model. It has paid a dividend for 10+ years in a row, raised it most years, and yields over 2%. For a steady payer like this, the dividend is the best guide to value.
Business quality
1 of 5 clear the 10% bar. What are the Big Five?
Follow LMT
Get notified when it reaches its buy price of $191.65. Free.
Create a free accountSuperinvestors
5 of the investors we track hold LMT. In Q2 2026, 1 trimmed. Who we track
Yacktman Asset Management
Yacktman Asset Management · as of Q2 2026
$110.2M
216,359 shares
Thomas Gayner
Markel Group · as of Q2 2026
$33.2M
65,213 shares
David Katz
Matrix Asset Advisors · as of Q2 2026
$17.0M
33,411 shares
John Rogers
Ariel Investments · as of Q2 2026
$5.6M
11,045 shares
Dodge & Cox Funds
Dodge & Cox Funds · as of Q2 2026
$395K
775 shares
Moves in Q2 2026
Trimmed: John Rogers
Insider activity
Since Jun 11, 2026: no open-market purchases, 9 sales worth $118K and 5 other filings (stock awards, tax withholding and similar). Why purchases matter
Sales
Donovan John
director · 2026-08-13
Sold
1,742 shares
Donovan John
director · 2026-08-13
Sold
631 shares
Donovan John
director · 2026-08-13
Sold
469 shares
Donovan John
director · 2026-08-13
Sold
212 shares
Donovan John
director · 2026-08-13
Sold
204 shares
Other filings
St John Frank A
Chief Operating Officer · 2026-07-31
I-Discretionary
53.667 shares
St John Frank A
Chief Operating Officer · 2026-07-31
I-Discretionary
7.025 shares
BURRITT DAVID B
director · 2026-06-30
Award
83.422 shares
Donovan John
director · 2026-06-30
Award
96.916 shares
Hill Stephanie C.
Pres. Rotary & Mission Systems · 2026-06-11
G-Gift
368 shares
About Lockheed Martin Corporation
Lockheed Martin Corporation stands as a prominent global security and aerospace enterprise, specializing in the comprehensive lifecycle of advanced technological systems. Its expertise spans the research, design, development, manufacturing, integration, and ongoing sustainment of cutting-edge products and services across the world. The company's diverse operations are structured into four key segments: Aeronautics…
Aerospace & Defense
Fair value and Payback Price are estimates from the company's reported financials, not investment advice. Prices as of the close of Oct 3, 2026. How the Payback Price works