diff --git a/llvm/include/llvm/Support/FileSystem.h b/llvm/include/llvm/Support/FileSystem.h
--- a/llvm/include/llvm/Support/FileSystem.h
+++ b/llvm/include/llvm/Support/FileSystem.h
@@ -1159,6 +1159,17 @@
 /// means that the filesystem may have failed to perform some buffered writes.
 std::error_code closeFile(file_t &F);
 
+#ifdef LLVM_ON_UNIX
+/// @brief Change ownership of a file
+///
+/// @param Owner The owner of the file to change to
+/// @param Group The group of the file to change to
+/// @returns errc::success if successfully updated file ownership, otherwise an
+///          error code is returned.
+std::error_code changeFileOwnership(const Twine &Name, uint32_t Owner,
+                                    uint32_t Group);
+#endif
+
 /// RAII class that facilitates file locking.
 class FileLocker {
   int FD; ///< Locked file handle.
diff --git a/llvm/lib/Support/Unix/Path.inc b/llvm/lib/Support/Unix/Path.inc
--- a/llvm/lib/Support/Unix/Path.inc
+++ b/llvm/lib/Support/Unix/Path.inc
@@ -1213,6 +1213,17 @@
   return std::error_code();
 }
 
+std::error_code changeFileOwnership(const Twine &Name, uint32_t Owner, uint32_t Group) {
+  int FD;
+  if (std::error_code EC = sys::fs::openFileForWrite(Name, FD, sys::fs::CD_OpenExisting))
+    return EC;
+  auto Chown = [&]() { return fchown(FD, Owner, Group); };
+  if ((sys::RetryAfterSignal(-1, Chown)) < 0)
+    return std::error_code(errno, std::generic_category());
+  if (std::error_code EC = sys::fs::closeFile(FD))
+    return EC;
+}
+
 } // end namespace fs
 
 namespace path {
diff --git a/llvm/test/tools/llvm-objcopy/tool-ownership.s b/llvm/test/tools/llvm-objcopy/tool-ownership.s
new file mode 100644
--- /dev/null
+++ b/llvm/test/tools/llvm-objcopy/tool-ownership.s
@@ -0,0 +1,11 @@
+# RUN: llvm-mc -triple=i386 %s -filetype=obj -o %t
+# RUN: sudo llvm-strip %t -o %t1
+# RUN: ls -l %t1 | FileCheck --strict-whitespace --check-prefix=STRIP-NEW %s
+# RUN: sudo llvm-strip %t
+# RUN: ls -l %t | FileCheck --strict-whitespace --check-prefix=STRIP-OVERWRITE -DUSER=$(stat -c '%U' %s) -DGROUP=$(stat -c '%G' %s) %s
+# RUN: sudo llvm-objcopy %t
+# RUN: ls -l %t | FileCheck --strict-whitespace --check-prefix=OBJCOPY-OVERWRITE -DUSER=$(stat -c '%U' %s) -DGROUP=$(stat -c '%G' %s) %s
+nop
+# STRIP-NEW: root root
+# STRIP-OVERWRITE: [[USER]] [[GROUP]]
+# OBJCOPY-OVERWRITE: [[USER]] [[GROUP]]
diff --git a/llvm/tools/llvm-objcopy/llvm-objcopy.cpp b/llvm/tools/llvm-objcopy/llvm-objcopy.cpp
--- a/llvm/tools/llvm-objcopy/llvm-objcopy.cpp
+++ b/llvm/tools/llvm-objcopy/llvm-objcopy.cpp
@@ -328,6 +328,20 @@
       return E;
   }
 
+#if !defined(_WIN32) || defined(__CYGWIN32__)
+  // Preserve the ownership if the input file is overwritten
+  if (Config.InputFilename != "-" &&
+      Config.InputFilename == Config.OutputFilename) {
+    sys::fs::file_status OStat;
+    if (std::error_code EC = sys::fs::status(Config.OutputFilename, OStat))
+      return createFileError(Config.OutputFilename, EC);
+    if (Stat.getUser() != OStat.getUser() ||
+        Stat.getGroup() != OStat.getGroup())
+      sys::fs::changeFileOwnership(Config.OutputFilename, Stat.getUser(),
+                                   Stat.getGroup());
+  }
+#endif
+
   return Error::success();
 }