L3Harris Technologies (NYSE:LHX) Issues FY 2026 Earnings Guidance

L3Harris Technologies (NYSE:LHX) issued an update on its FY 2026 earnings guidance on Friday morning. The company provided EPS guidance of 11.300-11.500 for the period, compared to the consensus EPS estimate of 11.350. The company issued revenue guidance of $23.0 billion-$23.5 billion, compared to the consensus revenue estimate of $22.5 billion.

Analyst Ratings Changes

Several research firms have recently weighed in on LHX. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of L3Harris Technologies in a research note on Wednesday, October 8th. Citigroup raised their price objective on L3Harris Technologies from $331.00 to $389.00 and gave the company a “buy” rating in a research note on Tuesday, January 13th. BNP Paribas Exane raised shares of L3Harris Technologies to a “hold” rating in a report on Tuesday, November 18th. Morgan Stanley boosted their price target on L3Harris Technologies from $250.00 to $350.00 and gave the company an “equal weight” rating in a report on Wednesday, October 15th. Finally, Truist Financial set a $364.00 price target on shares of L3Harris Technologies in a report on Wednesday, January 14th. Fifteen research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $316.07.

L3Harris Technologies Price Performance

Shares of LHX opened at $342.50 on Friday. The business’s 50-day moving average is $308.13 and its 200-day moving average is $291.57. L3Harris Technologies has a fifty-two week low of $193.09 and a fifty-two week high of $369.59. The company has a market capitalization of $64.06 billion, a price-to-earnings ratio of 40.15, a P/E/G ratio of 2.42 and a beta of 0.66. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.19 and a quick ratio of 0.95.

L3Harris Technologies (NYSE:LHX) last posted its earnings results on Thursday, January 29th. The company reported $2.86 EPS for the quarter, topping the consensus estimate of $2.76 by $0.10. The company had revenue of $5.65 billion during the quarter, compared to the consensus estimate of $5.76 billion. L3Harris Technologies had a net margin of 7.35% and a return on equity of 10.43%. The company’s revenue for the quarter was up 2.3% compared to the same quarter last year. During the same period in the previous year, the firm posted $3.47 earnings per share. Equities research analysts expect that L3Harris Technologies will post 11.12 EPS for the current fiscal year.

L3Harris Technologies Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, March 20th. Investors of record on Friday, March 6th will be paid 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 dividend yield of 1.5%. L3Harris Technologies’s dividend payout ratio is currently 56.27%.

Insider Transactions at L3Harris Technologies

In other news, CEO Christopher E. Kubasik sold 14,171 shares of L3Harris Technologies stock in a transaction that occurred on Thursday, November 13th. The shares were sold at an average price of $301.05, for a total value of $4,266,179.55. Following the completion of the transaction, the chief executive officer owned 144,426 shares in the company, valued at approximately $43,479,447.30. The trade was a 8.94% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 0.72% of the stock is owned by corporate insiders.

Key Stories Impacting L3Harris Technologies

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

Institutional Trading of L3Harris Technologies

A number of hedge funds have recently modified their holdings of LHX. JPL Wealth Management LLC acquired a new stake in shares of L3Harris Technologies during the third quarter worth about $29,000. Triumph Capital Management acquired a new stake in L3Harris Technologies in the 3rd quarter valued at $31,000. Rakuten Securities Inc. increased its position in shares of L3Harris Technologies by 234.8% in the second quarter. Rakuten Securities Inc. now owns 154 shares of the company’s stock valued at $39,000 after acquiring an additional 108 shares during the last quarter. Transamerica Financial Advisors LLC raised its stake in shares of L3Harris Technologies by 7,500.0% during the 2nd quarter. Transamerica Financial Advisors LLC now owns 228 shares of the company’s stock worth $57,000 after purchasing an additional 225 shares in the last quarter. Finally, Wexford Capital LP bought a new stake in L3Harris Technologies during the third quarter worth $71,000. 84.76% of the stock is currently owned by institutional investors and hedge funds.

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.