44 Wealth Management LLC Buys Shares of 1,734 Lockheed Martin Corporation $LMT

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44 Wealth Management LLC recently acquired a new position in Lockheed Martin Corporation, purchasing 1,734 shares valued at approximately $866,000. This move is part of a broader trend of institutional investors increasing their stakes in the aerospace company, which has seen its stock trading down 1.0% despite positive sentiment from expanding F-35 capabilities and international defense programs. Analysts currently rate LMT as a “Hold” with an average price target of $618.95, and the company recently announced a quarterly dividend of $3.45 per share.

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