Lockheed Martin Co. (LMT) has seen share selling activity by entities such as Pictet, Creekmur, Schroder Investment, CIBC Private Wealth Group, and Bedell Frazier. However, other firms and asset management companies are increasing their position in the stock including Alliancebernstein with a $144.99 million holding, RFG Bristol Wealth Advisors, National Bank of Canada, SevenBridge Financial, Wealth Advisors of Tampa Bay, and Frankling Resources. A notable increase happened when Geode Capital Management bought 59,597 shares. Many consider Lockheed a solid dividend choice and favorable investment, undeterred by tariff impacts and recent market falls. Multiple groups have even opened new positions, such as Allstate Corp and Disciplined Investors. It's performing well in the market, despite some dips, and its partnership with Google Cloud enhancing AI capabilities for defense, a secured contract for the F-35 Jet Program, and a $5.6 billion F-16 Fighter Jet deal with Philipines are grabbing investor attention. However, its declining performance in Q4 and being downgraded to hold by StockNews.com call for caution.
Lockheed Martin Corp LMT News Analytics from Mon, 02 Dec 2024 08:00:00 GMT to Sat, 05 Apr 2025 23:24:07 GMT -
Rating 4
- Innovation 6
- Information 7
- Rumor -1
