Northwestern Mutual Wealth Management Buys New Stake in Lockheed Martin
Northwestern Mutual Wealth Management Co. bought 44,726 shares of Lockheed Martin, valuing the stake at about $22.8 million. The company also reported quarterly earnings of $7.94 EPS, beating the $7.22 consensus, and declared a quarterly dividend to be paid Sept. 25. Analyst targets and ratings were adjusted, and the stock was down about 1.2%.