Apriem Advisors reduced its stake in Lockheed Martin (NYSE: LMT) by 11.3% in Q3, selling 2,017 shares and retaining 15,785 shares valued at $7.88 million. Lockheed Martin reported quarterly earnings of $5.80 per share, missing the $6.33 consensus, though revenue increased by 9.1% year-over-year to $20.32 billion. The company declared a quarterly dividend of $3.45 and maintains a consensus “Hold” rating from analysts with an average price target of $612.50.
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Apriem Advisors Sells 2,017 Shares of Lockheed Martin Corporation $LMT
Apriem Advisors reduced its stake in Lockheed Martin (NYSE: LMT) by 11.3% in Q3, selling 2,017 shares and retaining 15,785 shares valued at $7.88 million. Lockheed Martin reported quarterly earnings of $5.80 per share, missing the $6.33 consensus, though revenue increased by 9.1% year-over-year to $20.32 billion. The company declared a quarterly dividend of $3.45 and maintains a consensus “Hold” rating from analysts with an average price target of $612.50.