Lockheed Martin Corporation (LMT) has been seen to be attracting attention from investors and has shown mixed signs of performance when compared to competitors. Notably, the company is largely controlled by institutional shareholders, holding nearly 74% - 75% of the company's shares. This demonstrates strong institutional backing for the defense contractor. Furthermore, notable investment firms like American Trust, Brevan Howard Capital Management LP, and Garde Capital Inc. have reportedly made investments in LMT. Despite dipping alongside the overall market, signs of recovery have been observed with the outperformance of competitors on certain trading days. LMT has also displayed a solid financial performance as seen in their Q1 2024 Earnings report, with strong cash flow and a record backlog in 2023. Despite these, there remains concern as the stock has shown underperformance compared to competitors on multiple occasions.
Lockheed Martin Corp LMT News Analytics from Wed, 25 Oct 2023 07:00:00 GMT to Sat, 15 Jun 2024 14:32:21 GMT -
Rating 5
- Innovation 3
- Information 7
- Rumor -6
