Lockheed Martin Corporation (LMT) has been in the spotlight due to a range of transactions and performance assessments. These include companies and investment groups such as Korea Investment Corp, Bowen Hanes & Co. Inc., Venture Visionary Partners LLC, Wellington Management Group LLP, and United Asset Strategies Inc. shedding their LMT shares. On the other hand, Level Four Advisory Services LLC, Qtron Investments LLC, and First American Bank increased their stock holdings in the corporation. A class action lawsuit seeking recovery for investors has been filed against LMT, with investors who have suffered significant losses being urged to contact Robbins LLP. Moreover, LMT's price target has been lowered to $480.00 by Bank of America. The corporation is facing scrutiny over accusations of securities fraud. On the performance horizon, LMT is experiencing fluctuations, reporting quarterly earnings below expectations, which resulted in a drop in share price. In contrast, it recorded sequential growth for Q2 2025 sales and is construed as a possible defensive dividend powerhouse. It has also bagged a sole-source $58 million defense contract for upgrading systems.
Lockheed Martin Corp LMT News Analytics from Mon, 09 Dec 2024 08:00:00 GMT to Sat, 23 Aug 2025 23:23:55 GMT -
Rating -5
- Innovation 5
- Information 7
- Rumor 2