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Portus Wealth Advisors LLC Invests $633,000 in Lockheed Martin
The investment firm purchased 1,268 shares of the aerospace company's stock in the third quarter.
Mar. 18, 2026 at 10:56am
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Portus Wealth Advisors LLC, an institutional investor, bought a new stake in Lockheed Martin Corporation (NYSE:LMT) during the 3rd quarter. The firm purchased 1,268 shares of the aerospace company's stock, valued at approximately $633,000.
Why it matters
Lockheed Martin is a major defense contractor and aerospace company, so new investments in the company can signal confidence in the industry and the company's future performance.
The details
A number of other hedge funds have also made changes to their positions in LMT. Tableaux LLC raised its stake in shares of Lockheed Martin by 34,231.4% during the 2nd quarter, now owning 623,115 shares worth $288.6 million. Sanders Capital LLC acquired a new stake of about 503,428 shares valued at $252.7 million in the 3rd quarter.
- Portus Wealth Advisors LLC made the investment in the 3rd quarter of 2026.
The players
Portus Wealth Advisors LLC
An institutional investment firm that bought a new stake 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.
The takeaway
This investment by Portus Wealth Advisors signals continued confidence in Lockheed Martin's prospects as a leading defense and aerospace company, despite some recent volatility in the stock price.
