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

L3Harris Technologies (NYSE:LHXGet Free Report) issued an update on its FY 2026 earnings guidance on Friday morning. The company provided earnings per share (EPS) guidance of 11.300-11.500 for the period, compared to the consensus 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.

L3Harris Technologies Trading Down 1.2%

LHX opened at $355.87 on Friday. The company has a fifty day moving average price of $306.83 and a two-hundred day moving average price of $290.80. L3Harris Technologies has a 1-year low of $193.09 and a 1-year high of $369.59. The company has a market cap of $66.57 billion, a P/E ratio of 38.22, a price-to-earnings-growth ratio of 2.25 and a beta of 0.66. 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 (NYSE:LHXGet Free Report) last issued its earnings results on Thursday, January 29th. The company reported $2.86 EPS for the quarter, beating the consensus estimate of $2.76 by $0.10. L3Harris Technologies had a return on equity of 11.08% and a net margin of 8.09%.The company had revenue of $5.65 billion during the quarter, compared to the consensus estimate of $5.76 billion. During the same period last year, the business posted $3.47 EPS. The firm’s revenue for the quarter was up 2.3% compared to the same quarter last year. Analysts predict 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. Stockholders of record on Friday, March 6th will be given a dividend of $1.25 per share. The ex-dividend date of this dividend 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 1.4%. L3Harris Technologies’s payout ratio is currently 51.56%.

Wall Street Analyst Weigh In

Several analysts recently issued reports on LHX shares. Sanford C. Bernstein reissued an “outperform” rating on shares of L3Harris Technologies in a research report on Monday, January 12th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of L3Harris Technologies in a report on Wednesday, October 8th. Royal Bank Of Canada upped their target price on shares of L3Harris Technologies from $315.00 to $360.00 and gave the stock a “sector perform” rating in a report on Wednesday, January 14th. BNP Paribas Exane upgraded L3Harris Technologies to a “hold” rating in a research note on Tuesday, November 18th. Finally, Vertical Research restated a “buy” rating and issued a $355.00 target price on shares of L3Harris Technologies in a report on Tuesday, January 13th. Fourteen equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $315.73.

Check Out Our Latest Research Report on LHX

Insiders Place Their Bets

In related news, CEO Christopher E. Kubasik sold 14,171 shares of the firm’s stock in a transaction dated Thursday, November 13th. The shares were sold at an average price of $301.05, for a total transaction of $4,266,179.55. Following the completion of the sale, the chief executive officer owned 144,426 shares in the company, valued at approximately $43,479,447.30. This trade represents a 8.94% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Insiders own 0.72% of the company’s stock.

Key L3Harris Technologies News

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

  • Positive Sentiment: Company raised FY‑2026 revenue guidance to $23.0–$23.5B (above consensus ~$22.5B) and issued EPS guidance of $11.30–$11.50, signaling stronger organic growth expectations for 2026. Seeking Alpha
  • Positive Sentiment: Strong full‑year metrics: orders $27.5B, cash from operations and adjusted free cash flow up ~21%, and solid book‑to‑bill (1.3x) — supports durability of backlog and cash generation. BusinessWire
  • Positive Sentiment: Company is pursuing a Missile Solutions IPO—potential catalyst to crystallize value and focus capital allocation. Seeking Alpha
  • Neutral Sentiment: Q4 results: GAAP/adjusted EPS beat (reported $2.86 vs. $2.76 est.) but revenue of $5.65B slightly missed consensus — a mixed beat that underlines margin resilience but top‑line pressure. Zacks
  • Neutral Sentiment: Company cites record backlog and strategic positioning in missiles/defense markets — supportive but execution‑dependent. Yahoo Finance
  • Negative Sentiment: Q4 revenue was pressured by a prolonged U.S. government shutdown that delayed contract awards and payments—timing risk to near‑term revenue recognition. Reuters
  • Negative Sentiment: Market reaction: shares slid on the combination of the revenue miss, shutdown impact and a cautious near‑term outlook, outweighing longer‑term positives. MSN
  • Negative Sentiment: Q4 EPS is down year‑over‑year (from $3.47 to $2.86), highlighting near‑term margin/volume pressures despite full‑year strength. DefenseDaily

Institutional Investors Weigh In On L3Harris Technologies

A number of hedge funds have recently modified their holdings of the stock. Main Street Financial Solutions LLC grew its holdings in L3Harris Technologies by 3.6% during the second quarter. Main Street Financial Solutions LLC now owns 1,393 shares of the company’s stock valued at $349,000 after purchasing an additional 49 shares during the period. SeaCrest Wealth Management LLC lifted its position in shares of L3Harris Technologies by 3.6% during the 3rd quarter. SeaCrest Wealth Management LLC now owns 1,458 shares of the company’s stock valued at $447,000 after buying an additional 50 shares during the last quarter. Mendel Capital Management LLC grew its stake in shares of L3Harris Technologies by 1.4% during the 2nd quarter. Mendel Capital Management LLC now owns 4,784 shares of the company’s stock worth $1,200,000 after acquiring an additional 64 shares during the period. Modern Wealth Management LLC increased its holdings in L3Harris Technologies by 7.8% in the 2nd quarter. Modern Wealth Management LLC now owns 1,050 shares of the company’s stock worth $263,000 after acquiring an additional 76 shares during the last quarter. Finally, Moneta Group Investment Advisors LLC raised its stake in L3Harris Technologies by 9.3% in the 3rd quarter. Moneta Group Investment Advisors LLC now owns 907 shares of the company’s stock valued at $277,000 after acquiring an additional 77 shares during the period. Institutional investors own 84.76% of the company’s stock.

About L3Harris Technologies

(Get Free Report)

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.

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