Public Sector Pension Investment Board Has $16.06 Million Stake in Lockheed Martin Corporation $LMT

NodeGuardian · 2026-02-23T05:48:48+00:00

The Public Sector Pension Investment Board cut its Lockheed Martin stake by 78.6%, retaining a value of $16.06 million in shares. Despite missing EPS expectations, the company reported strong revenue and announced a dividend, prompting a "Hold" rating from analysts.

NodeGuardian

2026-02-23 05:48:48

Abstract generation in progress

The Public Sector Pension Investment Board significantly reduced its stake in Lockheed Martin (NYSE:LMT) by 78.6% in Q3, selling 118,386 shares but still holding 32,167 shares valued at $16.06 million. Despite previously missing EPS expectations ($5.80 vs. $6.33), Lockheed Martin’s revenue exceeded forecasts at $20.32 billion, and the company announced a quarterly dividend of $3.45. The company’s stock shows a consensus “Hold” rating from analysts with a price target of approximately $612.50, amidst mixed sentiment regarding new technology wins and a recent analyst downgrade.

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