L3Harris Technologies Inc $LHX Shares Acquired by SFE Investment Counsel

SFE Investment Counsel lifted its position in L3Harris Technologies Inc (NYSE:LHX) by 33.6% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 31,772 shares of the company’s stock after purchasing an additional 7,990 shares during the quarter. SFE Investment Counsel’s holdings in L3Harris Technologies were worth $7,523,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the company. Cedar Mountain Advisors LLC lifted its holdings in L3Harris Technologies by 1,233.3% during the 1st quarter. Cedar Mountain Advisors LLC now owns 80 shares of the company’s stock valued at $28,000 after purchasing an additional 74 shares during the last quarter. NBH Bank bought a new stake in L3Harris Technologies during the second quarter worth about $26,000. Elevation Wealth Partners LLC grew its stake in L3Harris Technologies by 80.0% during the second quarter. Elevation Wealth Partners LLC now owns 99 shares of the company’s stock worth $29,000 after buying an additional 44 shares during the last quarter. Bell Investment Advisors Inc acquired a new stake in shares of L3Harris Technologies during the second quarter worth approximately $33,000. Finally, John Boyer Inc. bought a new position in shares of L3Harris Technologies in the third quarter valued at approximately $31,000. Institutional investors and hedge funds own 84.76% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the company. The Goldman Sachs Group dropped their price target on L3Harris Technologies from $405.00 to $361.00 and set a “buy” rating for the company in a report on Monday, October 12th. UBS Group restated a “neutral” rating and set a $293.00 target price on shares of L3Harris Technologies in a report on Friday. BNP Paribas Exane lowered their target price on L3Harris Technologies from $330.00 to $310.00 and set a “neutral” rating for the company in a research note on Thursday, July 30th. Wall Street Zen raised L3Harris Technologies from a “hold” rating to a “buy” rating in a report on Sunday. Finally, Susquehanna cut their price target on L3Harris Technologies from $410.00 to $350.00 and set a “positive” rating for the company in a report on Friday, July 31st. Two analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and eight have issued a Hold rating to the company. According to data from MarketBeat.com, L3Harris Technologies presently has a consensus rating of “Moderate Buy” and an average price target of $343.50.

L3Harris Technologies Stock Down 0.2%

NYSE:LHX opened at $277.79 on Friday. The stock’s fifty day moving average price is $249.80 and its two-hundred day moving average price is $305.06. L3Harris Technologies Inc has a 52-week low of $232.34 and a 52-week high of $379.23. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.03 and a current ratio of 1.20. The company has a market cap of $51.73 billion, a price-to-earnings ratio of 25.91, a P/E/G ratio of 1.68 and a beta of 0.50.

L3Harris Technologies (NYSE:LHX) last released its earnings results on Thursday, October 29th. The company reported $3.28 EPS for the quarter, beating the consensus estimate of $2.95 by $0.33. The company had revenue of $6.07 billion during the quarter, compared to analysts’ expectations of $5.92 billion. L3Harris Technologies had a return on equity of 11.49% and a net margin of 8.76%. The business’s revenue for the quarter was up 7.1% on a year-over-year basis. During the same period last year, the firm earned $2.70 EPS. On average, analysts anticipate that L3Harris Technologies Inc will post 12.32 EPS for the current year.

L3Harris Technologies Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, December 18th. Investors of record on Friday, December 4th will be issued a $1.25 dividend. The ex-dividend date is Friday, December 4th. This represents a $5.00 annualized dividend and a yield of 1.8%. L3Harris Technologies’s dividend payout ratio (DPR) is currently 46.64%.

Key Stories Impacting L3Harris Technologies

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

• Positive Sentiment: L3Harris reported third-quarter EPS of $3.28, above the $2.95 analyst consensus, while revenue rose 7.1% year over year to approximately $6.07 billion, exceeding expectations of $5.92 billion. L3Harris Technologies earnings results
• Positive Sentiment: The defense contractor raised its 2026 outlook, including full-year EPS guidance to $12.25–$12.35 from $11.80–$12.00, supported by broad-based growth and stronger cash flow. L3Harris raises yearly guidance
• Positive Sentiment: Record backlog of $53.2 billion highlights strong defense demand and improves revenue visibility. Reports also cited a rare government equity stake as an additional supportive development. LHX Q3 earnings call highlights
• Neutral Sentiment: Royal Bank of Canada raised its LHX price target to $295 from $265 but retained a “sector perform” rating, indicating improved valuation potential without a strong bullish recommendation. RBC raises L3Harris price target
• Negative Sentiment: Management’s lower 2028 cash-flow and margin targets raise questions about execution and may limit enthusiasm despite the stronger 2026 forecast. Valuation concerns also remain after a substantial recent run-up.

L3Harris Technologies Company Profile

L3Harris Technologies, Inc is a technology and defense company that develops products and systems for government and commercial customers. Its offerings support aerospace, defense, space, communications, intelligence, surveillance and reconnaissance, electronic warfare, missile defense, and aviation missions.

The company provides secure communications equipment, tactical radios, sensors, avionics, electronic warfare systems, missile and air defense technologies, space payloads and systems, and other mission-critical solutions.