Lockheed Martin Corporation $LMT Shares Sold by Confluence Wealth Services Inc.

robot
Abstract generation in progress

Confluence Wealth Services Inc. significantly reduced its stake in Lockheed Martin (LMT) by 55.8% in Q4, selling 2,400 shares and now owning 1,904 shares valued at $921,000. Despite Lockheed Martin missing Q1 earnings and revenue estimates and reporting negative free cash flow due to fixed-price contracts and production slowdowns, the company reaffirmed its FY2026 guidance, supported by a record backlog and defense spending. The article also notes other institutional investor activities and analyst ratings, with the stock currently holding an average rating of “Hold.”

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin