Gabelli Funds Boosts Lockheed Martin Stake

Investment firm increases holding in aerospace and defense company by 18.6%

Published on Mar. 9, 2026

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Gabelli Funds LLC has increased its stake in Lockheed Martin Corporation (NYSE:LMT) by 18.6% in the third quarter, according to a recent SEC filing. The investment firm now owns 16,938 shares of the aerospace company's stock, valued at $8,456,000 at the end of the reporting period.

Why it matters

Lockheed Martin is a major defense contractor and the maker of the F-35 fighter jet, among other high-profile military equipment. Institutional investors closely watch changes in ownership of the company's stock as it can signal broader industry trends and investor sentiment.

The details

According to the SEC filing, Gabelli Funds purchased an additional 2,660 shares of Lockheed Martin during the third quarter, bringing its total position to 16,938 shares. The investment firm's holdings in the aerospace company were valued at $8,456,000 at the end of the reporting period.

  • Gabelli Funds increased its Lockheed Martin stake in the 3rd quarter of 2026.

The players

Gabelli Funds LLC

An investment management firm that oversees mutual funds and other investment products.

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

Gabelli Funds' increased stake in Lockheed Martin reflects ongoing investor interest in the defense industry, particularly in major contractors like Lockheed that produce high-profile military equipment. This move could signal broader trends in the sector as institutional investors position their portfolios.