Truist Financial Corp Sells 2,473 Shares of L3Harris Technologies Inc $LHX

Truist Financial Corp cut its position in L3Harris Technologies Inc (NYSE:LHX) by 1.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 128,207 shares of the company’s stock after selling 2,473 shares during the quarter. Truist Financial Corp’s holdings in L3Harris Technologies were worth $39,156,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in LHX. Kiker Wealth Management LLC raised its holdings in L3Harris Technologies by 137.0% in the 2nd quarter. Kiker Wealth Management LLC now owns 109 shares of the company’s stock valued at $27,000 after buying an additional 63 shares during the last quarter. Harbor Asset Planning Inc. bought a new position in shares of L3Harris Technologies during the second quarter valued at $32,000. Twin Peaks Wealth Advisors LLC acquired a new position in shares of L3Harris Technologies during the second quarter worth $34,000. Salomon & Ludwin LLC bought a new stake in shares of L3Harris Technologies in the third quarter worth $34,000. Finally, Rakuten Securities Inc. raised its position in L3Harris Technologies by 234.8% during the 2nd quarter. Rakuten Securities Inc. now owns 154 shares of the company’s stock worth $39,000 after purchasing an additional 108 shares during the last quarter. 84.76% of the stock is currently owned by institutional investors.

L3Harris Technologies Stock Performance

NYSE LHX opened at $355.87 on Friday. The company has a market cap of $66.57 billion, a P/E ratio of 38.22, a PEG ratio of 2.25 and a beta of 0.66. The company has a fifty day simple moving average of $306.83 and a 200 day simple moving average of $290.80. The company has a current ratio of 1.14, a quick ratio of 0.95 and a debt-to-equity ratio of 0.56. L3Harris Technologies Inc has a 12-month low of $193.09 and a 12-month high of $369.59.

L3Harris Technologies (NYSE:LHX) last released its quarterly earnings data on Thursday, January 29th. The company reported $2.86 earnings per share for the quarter, beating analysts’ consensus estimates of $2.76 by $0.10. The firm had revenue of $5.65 billion for the quarter, compared to analyst estimates of $5.76 billion. L3Harris Technologies had a net margin of 8.09% and a return on equity of 11.08%. The business’s quarterly revenue was up 2.3% compared to the same quarter last year. During the same period last year, the firm earned $3.47 earnings per share. Sell-side analysts predict that L3Harris Technologies Inc will post 11.12 earnings per share for the current fiscal year.

L3Harris Technologies Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 20th. Stockholders of record on Friday, March 6th will be paid a $1.25 dividend. This represents a $5.00 annualized dividend and a dividend yield of 1.4%. This is a boost from L3Harris Technologies’s previous quarterly dividend of $1.20. The ex-dividend date of this dividend is Friday, March 6th. L3Harris Technologies’s dividend payout ratio (DPR) is currently 51.56%.

Trending Headlines about L3Harris Technologies

Here are the key news stories impacting L3Harris Technologies this week:

• Positive Sentiment: Beat on earnings and strong cash generation: LHX reported Q4 EPS of $2.86, topping estimates, and delivered solid full‑year results (orders $27.5B, adjusted free cash flow up ~21%). These fundamentals support valuation and buyback/dividend capacity. Business Wire: L3Harris Reports Strong Full Year and Fourth Quarter 2025 Results
• Positive Sentiment: 2026 guidance and backlog: Management initiated 2026 guidance targeting ~7% organic growth and $23–$23.5B in revenue and highlighted a record backlog — an indicator of revenue visibility into 2026. Management is also pursuing a Missile Solutions IPO that could unlock value. Seeking Alpha: L3Harris projects 7% organic growth for 2026 with $23–$23.5B revenue target
• Neutral Sentiment: Mixed segment results and metrics vs. estimates: Analysts note Q4 delivered an EPS beat but revenue came in light versus consensus; segment performance was uneven. These nuances leave upside tied to program execution and international sales. Zacks: L3Harris Q4 Earnings Surpass Estimates, Revenues Rise Y/Y
• Negative Sentiment: Revenue miss tied to U.S. government shutdown delays: Q4 revenue missed Street estimates after contract awards and payments were pushed by a prolonged government shutdown — a timing risk that pressured near‑term top line. Reuters: L3Harris quarterly revenue misses estimates on government shutdown pressures
• Negative Sentiment: Management flagged slightly weaker near‑term revenue outlook and comments around Fed/shutdown impacts prompted investor concern, leading to downward pressure on the stock despite the EPS beat. MSN: L3Harris shares slide on disappointing earnings outlook; Fed shutdown hit Q4
• Negative Sentiment: Rising short interest: Short interest increased ~22.5% in January (to ~1.9% of float), which can amplify downside on negative headlines or guidance surprises.

Insider Buying and Selling at L3Harris Technologies

In other news, CEO Christopher E. Kubasik sold 14,171 shares of the firm’s stock in a transaction that occurred on Thursday, November 13th. The stock was sold at an average price of $301.05, for a total value of $4,266,179.55. Following the transaction, the chief executive officer owned 144,426 shares in the company, valued at $43,479,447.30. This trade represents a 8.94% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 0.72% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on LHX shares. Wall Street Zen lowered L3Harris Technologies from a “strong-buy” rating to a “buy” rating in a research report on Sunday, January 11th. Citigroup upped their target price on L3Harris Technologies from $331.00 to $389.00 and gave the company a “buy” rating in a report on Tuesday, January 13th. JPMorgan Chase & Co. raised their price target on shares of L3Harris Technologies from $325.00 to $340.00 and gave the stock an “overweight” rating in a report on Tuesday, November 4th. Susquehanna reaffirmed a “positive” rating on shares of L3Harris Technologies in a research note on Thursday, January 15th. Finally, Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of L3Harris Technologies in a research note on Wednesday, October 8th. Fourteen analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $315.73.

L3Harris Technologies Company Profile

L3Harris Technologies (NYSE: LHX) is an American aerospace and defense company formed in 2019 through the combination of L3 Technologies and Harris Corporation. Headquartered in Melbourne, Florida, the company designs, manufactures and supports a broad range of technology solutions for government and commercial customers, with a particular emphasis on defense, intelligence and public safety applications.

The company’s offerings span communications systems, avionics, electronic warfare, intelligence, surveillance and reconnaissance (ISR) sensors, space systems and mission integration.