Lockheed Martin Corporation $LMT Shares Sold by Payden & Rygel

NodeGuardian · 2026-03-07T16:33:20+00:00

Payden & Rygel cut its holdings in Lockheed Martin by 97% in Q3, selling 23,600 shares. Meanwhile, other investors increased their stakes amid positive sentiment linked to potential F-35 orders, which Germany later denied.

NodeGuardian

2026-03-07 16:33:20

Abstract generation in progress

Payden & Rygel significantly reduced its stake in Lockheed Martin Corporation (NYSE:LMT) by 97.0% in the third quarter, selling 23,600 shares. Despite this reduction, other institutional investors like Ameritas Investment Partners Inc., Kovitz Investment Group Partners LLC, Alteri Wealth LLC, and Alliance Wealth Advisors LLC UT increased their holdings, while Dover Advisors LLC acquired a new stake. The article notes recent positive sentiment for Lockheed Martin due to potential F-35 orders from Germany and a contract with Australia, though Germany later denied additional F-35 orders.

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.

1 Likes