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NewEdge Wealth LLC Grows Position in Lockheed Martin Corporation $LMT
NewEdge Wealth LLC significantly increased its stake in Lockheed Martin (LMT) by 41.3% in the fourth quarter, bringing its total holdings to 81,690 shares valued at $39.5 million. This increase occurred despite Lockheed Martin missing analyst expectations for its latest quarterly earnings, with EPS of $6.44 against a $6.79 consensus. Analysts maintain a cautious stance, with an average “Hold” rating and a price target of $628.63.