Step Capital Management Pte. Ltd. Buys Shares of 10,000 Lockheed Martin Corporation $LMT

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Step Capital Management Pte. Ltd. acquired 10,000 shares of Lockheed Martin, valued at approximately $4.84 million, during the fourth quarter, making it their 8th largest holding. Lockheed Martin faces near-term positive catalysts such as the proposed large 2027 defense budget, a significant contract modification, and the successful Orion spacecraft launch, all contributing to backlog growth and improved investor sentiment. Despite missing Q4 EPS expectations, Lockheed reported a 9.1% revenue increase and offers a quarterly dividend of $3.45, with analysts holding a consensus “Hold” rating and an average price target of $634.74.

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