LSV Asset Management significantly reduced its stake in Lockheed Martin Corporation (NYSE:LMT) by 56.2% in Q3, selling over 328,000 shares. Despite this, other institutional investors increased their holdings, and analysts have mixed opinions, with a consensus “Hold” rating and an average target price of $612.50. Lockheed Martin reported quarterly earnings data, missing analyst estimates on EPS but exceeding revenue expectations.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
LSV Asset Management Decreases Position in Lockheed Martin Corporation $LMT
LSV Asset Management significantly reduced its stake in Lockheed Martin Corporation (NYSE:LMT) by 56.2% in Q3, selling over 328,000 shares. Despite this, other institutional investors increased their holdings, and analysts have mixed opinions, with a consensus “Hold” rating and an average target price of $612.50. Lockheed Martin reported quarterly earnings data, missing analyst estimates on EPS but exceeding revenue expectations.