Institutional Investors Shift Positions on Lockheed Martin's Stock

Lockheed Martin Corporation has seen varying levels of engagement from institutional investors, with significant changes in their stock positions. Appleton Partners Inc. MA notably decreased its holdings, selling shares valued at $7,211,000. Meanwhile, institutions such as Charles Schwab, Royal Bank of Canada, and Invesco increased their stakes. This dynamic reflects a broader trend where 74.19% of Lockheed Martin's shares are owned by institutional investors and hedge funds.

Several analysts have issued mixed ratings for Lockheed Martin, with a consensus price target of $494.00 and a general 'Hold' rating. Noteworthy is the company's projected earnings per share for fiscal year 2025, estimated between $21.70 and $22.00. In the midst of these changes, the stock's performance remains strong, with a market capitalization of $117.82 billion.

Other investors, including Glass Wealth Management and Capital Advisors Inc. OK, have also modified their positions, either increasing or decreasing their holdings. Despite these fluctuations, the aerospace giant continues to attract analyst attention, with some upgrading their ratings while others maintain a cautious outlook. This activity underscores the ongoing interest and varied perspectives on Lockheed Martin's future performance in the stock market.