Latest development4 months ago
Burney Co. Trims Lockheed Martin Stake by 16.4%
Burney Co. sold 3,186 shares of Lockheed Martin in Q1 2026, reducing its position to 16,206 shares valued at approximately $9.795 million.
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Strs Ohio trimmed its stake in Lockheed Martin by 4.6% in the first quarter of 2026, selling 2,725 shares while retaining 56,316 shares valued at approximately $34 million. Despite weaker-than-expected quarterly results, Lockheed Martin maintained its full-year 2026 EPS guidance. Additionally, K.J. Harrison & Partners Inc. reduced its stake in Lockheed Martin by 95.2%, and Burney Co. cut its stake by 16.4% during the same period.
Burney Co. sold 3,186 shares of Lockheed Martin in Q1 2026, reducing its position to 16,206 shares valued at approximately $9.795 million.
Read the full storyK.J. Harrison & Partners sold 7,000 shares of LMT in Q1, slashing its position significantly as analysts anticipate a slight decline in the upcoming quarterly earnings report.
The Ohio teachers' pension fund sold 2,725 shares of the defense giant in Q1 2026, amid mixed analyst sentiment and soft quarterly performance.