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Lockheed Martin Cuts Stake in Aerospace Company
Orion Porfolio Solutions LLC reduces holdings in Lockheed Martin by over 50%
Published on Mar. 8, 2026
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Orion Porfolio Solutions LLC, an investment management firm, decreased its stake in aerospace and defense company Lockheed Martin Corporation (NYSE:LMT) by 51.6% during the third quarter of 2026. The firm sold 10,410 shares, leaving it with 9,770 shares valued at $4.9 million as of its most recent SEC filing.
Why it matters
Lockheed Martin is one of the largest defense contractors in the world, producing military aircraft, missile systems, and other advanced technologies. Institutional investors' changes in holdings of Lockheed Martin shares can signal shifts in market sentiment and expectations for the company's performance.
The details
According to the SEC filing, Orion Porfolio Solutions LLC sold 10,410 shares of Lockheed Martin stock during the third quarter, reducing its total position by over 50%. The firm now holds 9,770 shares of the aerospace company, valued at $4.9 million. Lockheed Martin's stock price has risen significantly over the past year, reaching a high of $692 in early 2026.
- Orion Porfolio Solutions LLC reduced its Lockheed Martin holdings during the third quarter of 2026.
The players
Orion Porfolio Solutions LLC
An investment management firm that decreased its stake in Lockheed Martin Corporation.
Lockheed Martin Corporation
A global aerospace and defense company that designs, develops and manufactures advanced technology systems.
The takeaway
The reduction in Orion Porfolio Solutions' Lockheed Martin holdings suggests a potential shift in market sentiment around the aerospace company, though the overall reasons behind the portfolio change are unclear from the limited information provided. Investors will likely continue to monitor Lockheed Martin's stock performance and any further changes in institutional ownership.
