Gabelli Funds LLC Purchases 2,660 Shares of Lockheed Martin Corporation $LMT

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Gabelli Funds LLC increased its stake in Lockheed Martin Corporation by 18.6% in the third quarter, acquiring an additional 2,660 shares and bringing its total holdings to 16,938 shares valued at $8,456,000. Other institutional investors also adjusted their positions in the aerospace company. Lockheed Martin recently declared a quarterly dividend of $3.45 per share, payable on March 27th, and its stock performance and analyst ratings are detailed, with an average “Hold” rating from analysts.

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