National Pension Service lifted its position in shares of L3Harris Technologies Inc (NYSE:LHX – Free Report) by 4.1% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 326,198 shares of the company’s stock after acquiring an additional 12,876 shares during the quarter. National Pension Service’s holdings in L3Harris Technologies were worth $99,624,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also bought and sold shares of LHX. Kiker Wealth Management LLC grew its holdings in shares of L3Harris Technologies by 137.0% during the second quarter. Kiker Wealth Management LLC now owns 109 shares of the company’s stock worth $27,000 after purchasing an additional 63 shares during the last quarter. Salomon & Ludwin LLC bought a new position in L3Harris Technologies in the 3rd quarter valued at approximately $34,000. Twin Peaks Wealth Advisors LLC acquired a new stake in L3Harris Technologies during the 2nd quarter worth approximately $34,000. Harbor Asset Planning Inc. bought a new stake in L3Harris Technologies during the 2nd quarter worth approximately $32,000. Finally, Copia Wealth Management increased its position in L3Harris Technologies by 1,842.9% in the 3rd quarter. Copia Wealth Management now owns 136 shares of the company’s stock valued at $42,000 after acquiring an additional 129 shares during the period. Institutional investors and hedge funds own 84.76% of the company’s stock.
L3Harris Technologies News Summary
Here are the key news stories impacting L3Harris Technologies this week:
- Positive Sentiment: U.S. Navy awarded L3Harris the Red Wolf contract to develop, test and produce long‑range Precision Attack Strike Munition vehicles — a clear program win that supports future revenue and backlog growth. US Navy Selects L3Harris Red Wolf
- Positive Sentiment: Management raised FY‑2026 guidance to EPS $11.30–$11.50 and revenue $23.0–$23.5B (above consensus), signaling confidence in organic growth despite near‑term headwinds. 2025 Results & 2026 Guidance
- Positive Sentiment: Company is pursuing a Missile Solutions spinoff (with reported government investment interest) and raised its dividend — strategic moves that could unlock value and support shareholder returns. Missile Solutions IPO & growth outlook
- Positive Sentiment: Q4 EPS beat consensus ($2.86 vs. $2.76), showing underlying profitability despite weaker revenue. Q4 EPS beat
- Neutral Sentiment: Analyst reaction mixed — Royal Bank of Canada nudged its price target up to $365 with a “sector perform” rating, offering modest validation but not a strong buy signal. RBC raises target
- Neutral Sentiment: Industry coverage highlights L3Harris among peers as defense spending lifts demand for unmanned and missile systems — a sector tailwind that benefits multiple names. AVAV vs LHX analysis
- Negative Sentiment: Q4 revenue missed estimates ($5.65B vs. $5.76B) and management flagged near‑term pressure from a prolonged U.S. government shutdown that delayed contract awards — the primary driver of today’s selloff. Revenue miss due to shutdown
- Negative Sentiment: Analyst and media headlines emphasized a disappointing near‑term revenue outlook and the YoY drop in quarterly earnings, prompting short‑term selling despite longer‑term positives. Shares slide coverage
- Negative Sentiment: Quarterly earnings were lower year‑over‑year, which may concern investors focused on near‑term profitability trends. Earnings fall coverage
Insiders Place Their Bets
L3Harris Technologies Trading Down 3.8%
Shares of LHX stock opened at $342.50 on Friday. The company has a market cap of $64.06 billion, a P/E ratio of 40.15, a PEG ratio of 2.42 and a beta of 0.66. The stock has a 50 day simple moving average of $308.13 and a two-hundred day simple moving average of $291.57. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.95 and a current ratio of 1.19. L3Harris Technologies Inc has a fifty-two week low of $193.09 and a fifty-two week high of $369.59.
L3Harris Technologies (NYSE:LHX – Get Free Report) last posted its quarterly earnings results on Thursday, January 29th. The company reported $2.86 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.76 by $0.10. The firm had revenue of $5.65 billion for the quarter, compared to analysts’ expectations of $5.76 billion. L3Harris Technologies had a return on equity of 10.43% and a net margin of 7.35%.The company’s revenue for the quarter was up 2.3% compared to the same quarter last year. During the same period in the prior year, the business earned $3.47 EPS. Research analysts forecast that L3Harris Technologies Inc will post 11.12 earnings per share for the current year.
L3Harris Technologies Increases Dividend
The business also recently declared a quarterly dividend, which will be paid on Friday, March 20th. Shareholders of record on Friday, March 6th will be issued a $1.25 dividend. The ex-dividend date is Friday, March 6th. This is a positive change from L3Harris Technologies’s previous quarterly dividend of $1.20. This represents a $5.00 dividend on an annualized basis and a yield of 1.5%. L3Harris Technologies’s dividend payout ratio is 56.27%.
Analysts Set New Price Targets
A number of equities analysts have recently commented on LHX shares. BNP Paribas Exane upgraded shares of L3Harris Technologies to a “hold” rating in a report on Tuesday, November 18th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of L3Harris Technologies in a report on Wednesday, October 8th. UBS Group upped their price target on L3Harris Technologies to $323.00 and gave the company a “neutral” rating in a research report on Wednesday, January 14th. Royal Bank Of Canada raised their price objective on L3Harris Technologies from $360.00 to $365.00 and gave the stock a “sector perform” rating in a research report on Friday. Finally, JPMorgan Chase & Co. upped their target price on L3Harris Technologies from $325.00 to $340.00 and gave the company an “overweight” rating in a report on Tuesday, November 4th. Fifteen investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat.com, L3Harris Technologies currently has an average rating of “Moderate Buy” and a consensus price target of $316.07.
View Our Latest Analysis on L3Harris Technologies
About L3Harris Technologies
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.
Read More
- Five stocks we like better than L3Harris Technologies
- Stock market legend warns: “An Ominous Day Is Coming for the Markets…”
- Another reason you need to own gold… [running out]
- Trump’s Final Shocking Act Begins February 24
- NEW: Gold makes history
- Deutsche Bank Just Raised Their Gold Target to $6,000
Want to see what other hedge funds are holding LHX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for L3Harris Technologies Inc (NYSE:LHX – Free Report).
Receive News & Ratings for L3Harris Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for L3Harris Technologies and related companies with MarketBeat.com's FREE daily email newsletter.
