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Jain Global bought $38M in Lockheed Martin shares on March 15, 2026, amid mixed earnings and upgraded stock rating.
Jain Global LLC purchased 76,249 shares of Lockheed Martin (LMT) on March 15, 2026, for about $38.06 million.
The company reported Q4 earnings of $5.80 per share, below the $6.33 estimate, though revenue rose 9.1% year-over-year to $20.32 billion.
Lockheed Martin has a market cap of $148.69 billion, a P/E ratio of 30.07, and a 2.1% dividend yield.
Analysts rate the stock a "Hold" with a target of $618.95.
The firm upgraded to "strong-buy" by Wall Street Zen, citing long-term growth from defense demand and backlog.
Recent wins include a Japan satellite contract and F-35 upgrades.
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Jain Global compró $38M en acciones de Lockheed Martin el 15 de marzo de 2026, en medio de ganancias mixtas y una calificación de acciones mejorada.