Victory Capital Management Trims Lockheed Martin Stake

Asset manager reduces position in aerospace giant by 1.4% in Q3

Published on Mar. 4, 2026

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Victory Capital Management Inc. decreased its position in Lockheed Martin Corporation (NYSE:LMT) by 1.4% during the 3rd quarter, according to the company's recent disclosure with the Securities and Exchange Commission. The fund owned 276,615 shares of the aerospace company's stock after selling 4,035 shares during the period.

Why it matters

Lockheed Martin is one of the largest defense contractors in the world, with a diverse portfolio of military aircraft, missile systems, and space technologies. Changes in institutional ownership of the stock can signal shifts in investor sentiment and expectations around the company's future performance.

The details

Victory Capital Management, an investment management firm, reduced its stake in Lockheed Martin by 1.4% in the third quarter. The firm now owns approximately 276,615 shares of the aerospace company's stock, worth $138,089,000 as of the most recent SEC filing.

  • Victory Capital Management decreased its Lockheed Martin position during the 3rd quarter of 2026.

The players

Victory Capital Management Inc.

An investment management firm that decreased its position in Lockheed Martin Corporation.

Lockheed Martin Corporation

A global aerospace and defense company that designs, develops, and manufactures advanced technology systems for government and commercial customers.

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The takeaway

This reduction in ownership by a major institutional investor could signal a shift in market sentiment around Lockheed Martin's prospects, though the overall impact on the stock price remains to be seen. Investors will likely continue to monitor changes in institutional holdings and analyst commentary around the company's performance and outlook.