L3Harris Technologies (NYSE:LHX) Given New $365.00 Price Target at Royal Bank Of Canada

L3Harris Technologies (NYSE:LHX) had its price target increased by equities research analysts at Royal Bank Of Canada from $360.00 to $365.00 in a research note issued on Friday,Benzinga reports. The brokerage presently has a “sector perform” rating on the stock. Royal Bank Of Canada’s target price points to a potential upside of 6.50% from the company’s previous close.

LHX has been the subject of a number of other reports. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of L3Harris Technologies in a research note on Wednesday, October 8th. Vertical Research reaffirmed a “buy” rating and issued a $355.00 price target on shares of L3Harris Technologies in a report on Tuesday, January 13th. BNP Paribas Exane upgraded L3Harris Technologies to a “hold” rating in a research note on Tuesday, November 18th. UBS Group raised their target price on L3Harris Technologies to $323.00 and gave the stock a “neutral” rating in a research note on Wednesday, January 14th. Finally, Wall Street Zen lowered L3Harris Technologies from a “strong-buy” rating to a “buy” rating in a report on Sunday, January 11th. Fifteen equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat, L3Harris Technologies presently has a consensus rating of “Moderate Buy” and an average target price of $316.07.

L3Harris Technologies Stock Performance

LHX traded down $13.29 during trading hours on Friday, hitting $342.73. The stock had a trading volume of 489,933 shares, compared to its average volume of 1,820,021. The company’s fifty day simple moving average is $306.83 and its 200 day simple moving average is $290.80. L3Harris Technologies has a 1 year low of $193.09 and a 1 year high of $369.59. The stock has a market cap of $64.11 billion, a PE ratio of 36.74, a price-to-earnings-growth ratio of 2.25 and a beta of 0.66. The company has a quick ratio of 0.95, a current ratio of 1.14 and a debt-to-equity ratio of 0.56.

L3Harris Technologies (NYSE:LHX) last issued its earnings results on Thursday, January 29th. The company reported $2.86 earnings per share for the quarter, topping analysts’ consensus estimates of $2.76 by $0.10. The firm had revenue of $5.65 billion during 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 company’s quarterly revenue was up 2.3% on a year-over-year basis. During the same quarter last year, the business earned $3.47 earnings per share. Equities analysts anticipate that L3Harris Technologies will post 11.12 earnings per share for the current year.

Insiders Place Their Bets

In other L3Harris Technologies 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 transaction of $4,266,179.55. Following the completion of the sale, the chief executive officer directly owned 144,426 shares in the company, valued at $43,479,447.30. The trade was a 8.94% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.72% of the stock is owned by corporate insiders.

Institutional Trading of L3Harris Technologies

Institutional investors and hedge funds have recently made changes to their positions in the stock. Burns J W & Co. Inc. NY boosted its stake in shares of L3Harris Technologies by 3.1% during the fourth quarter. Burns J W & Co. Inc. NY now owns 987 shares of the company’s stock valued at $290,000 after purchasing an additional 30 shares during the period. American National Bank & Trust grew its holdings in L3Harris Technologies by 44.8% in the 4th quarter. American National Bank & Trust now owns 97 shares of the company’s stock worth $28,000 after acquiring an additional 30 shares during the last quarter. Turtle Creek Wealth Advisors LLC increased its position in shares of L3Harris Technologies by 3.7% in the fourth quarter. Turtle Creek Wealth Advisors LLC now owns 862 shares of the company’s stock valued at $253,000 after acquiring an additional 31 shares during the period. Rainier Family Wealth Inc. raised its stake in shares of L3Harris Technologies by 4.8% during the fourth quarter. Rainier Family Wealth Inc. now owns 700 shares of the company’s stock valued at $205,000 after acquiring an additional 32 shares during the last quarter. Finally, San Luis Wealth Advisors LLC boosted its holdings in shares of L3Harris Technologies by 5.1% during the fourth quarter. San Luis Wealth Advisors LLC now owns 705 shares of the company’s stock worth $207,000 after purchasing an additional 34 shares during the period. Hedge funds and other institutional investors own 84.76% of the company’s stock.

L3Harris Technologies News Roundup

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

• Positive Sentiment: Company issued 2026 revenue guidance of $23.0B–$23.5B, above consensus of about $22.5B — signals stronger top‑line growth outlook and management confidence. Read More.
• Positive Sentiment: Q4 EPS of $2.86 beat consensus $2.76, showing margin resilience despite revenue pressure. Read More.
• Positive Sentiment: Strong full‑year metrics: record backlog, $27.5B orders, 1.3x book‑to‑bill, and robust operating cash flow/adjusted FCF — supports longer‑term earnings visibility. Read More.
• Neutral Sentiment: EPS guidance of $11.30–$11.50 versus consensus ~11.35 is roughly in line — reduces surprise risk but lacks a clear upside catalyst on EPS. (Company guidance entry)
• Neutral Sentiment: Management is pursuing a Missile Solutions IPO (value‑unlock strategy) — potentially positive long term but introduces execution/timing uncertainty. Read More.
• Negative Sentiment: Q4 revenue of $5.65B missed expectations (~$5.76B); company cited a prolonged U.S. government shutdown that delayed contract awards — creates near‑term cash/revenue timing risk. Read More.
• Negative Sentiment: Shares slid on what some outlets call a disappointing near‑term outlook and shutdown impact, and Q4 EPS declined year‑over‑year (from $3.47 a year ago) — investors reacting to mixed signals. Read More.

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.