Buffalo Business & Estate Services Ltd. Buys New Stake in Lockheed Martin Corporation

The investment firm adds aerospace giant Lockheed Martin to its portfolio.

Apr. 6, 2026 at 8:34am

Buffalo Business & Estate Services Ltd. has purchased a new stake in Lockheed Martin Corporation (NYSE:LMT), according to the firm's recent 13F filing with the Securities and Exchange Commission. The fund acquired 9,734 shares of the aerospace company's stock, valued at approximately $4.7 million.

Why it matters

Lockheed Martin is one of the world's largest defense contractors, with a diverse portfolio of military aircraft, missile systems, and space technologies. The company's stock performance and investor interest can provide insights into the broader defense industry and government contracting landscape.

The details

Buffalo Business & Estate Services Ltd.'s new position in Lockheed Martin comprises approximately 0.7% of the firm's total portfolio, making it the 28th largest holding. The investment comes as Lockheed Martin's stock has seen strong gains over the past year, rising from around $410 per share to over $620 per share.

  • Buffalo Business & Estate Services Ltd. purchased the Lockheed Martin shares in the fourth quarter of 2025.

The players

Buffalo Business & Estate Services Ltd.

An investment management firm that provides financial planning and estate services.

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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What’s next

Investors will be closely watching Lockheed Martin's upcoming earnings report and any updates on major defense contracts or programs that could impact the company's financial performance.

The takeaway

Buffalo Business & Estate Services Ltd.'s new stake in Lockheed Martin reflects the continued investor interest in the defense industry, particularly in leading contractors like Lockheed Martin that have a diverse portfolio of high-demand military and aerospace technologies.