For Institutions
About
Lockheed Martin (NYSE:LMT) has delivered an average annual return of 14.3% over the past 15 years, outperforming the market by 2.46%. With a current market capitalization of $136.82 billion, a $100 investment in LMT 15 years ago would now be worth $755.52, highlighting the significant impact of compounded returns on investment growth.
Lockheed Martin Corp. (LMT) shares rose 1.31% to $593.91, marking a second consecutive day of gains and reaching a new 52-week high. This performance outpaced competitors like RTX Corp. (down 0.59%), Boeing Co. (up 0.54%), and Northrop Grumman Corp. (up 0.95%). The S&P 500 Index and Dow Jones Industrial Average also saw increases of 0.55% and 0.63%, respectively, during a positive trading session. Trading volume was slightly below the 50-day average.
Hudson Edge Investment Partners Inc. increased its stake in Lockheed Martin Corporation (NYSE:LMT) by 17.1% in Q3, owning 17,017 shares valued at $8.5 million. This makes Lockheed Martin the 9th largest holding in their portfolio. Other institutional investors, including Vanguard and AQR Capital Management, also raised their stakes. 74.19% of Lockheed Martin's stock is held by institutional investors. Positive sentiment surrounds the company due to rising defense budgets and geopolitical tensions, while concerns about overvaluation and regulatory scrutiny persist.
Huntington Ingalls Industries Inc. (HII) saw its shares rise 1.71% to $422.68 on Wednesday, despite underperforming compared to competitors like Lockheed Martin, Northrop Grumman, and General Dynamics. The S&P 500 and Dow Jones also experienced gains of 1.16% and 1.21%, respectively. HII remains 2.16% below its 52-week high of $432.00 reached on January 20th, with trading volume surpassing its 50-day average.
