One Wealth Advisors LLC Invests $673,000 in L3Harris Technologies Inc $LHX

One Wealth Advisors LLC acquired a new position in L3Harris Technologies Inc (NYSE:LHX) in the 4th quarter, HoldingsChannel.com reports. The firm acquired 2,292 shares of the company’s stock, valued at approximately $673,000.

Several other institutional investors have also recently modified their holdings of the company. Chapman Financial Group LLC raised its stake in shares of L3Harris Technologies by 3.2% in the fourth quarter. Chapman Financial Group LLC now owns 4,204 shares of the company’s stock worth $1,234,000 after purchasing an additional 129 shares during the last quarter. Danske Bank A S raised its stake in shares of L3Harris Technologies by 45.9% in the fourth quarter. Danske Bank A S now owns 54,864 shares of the company’s stock worth $16,106,000 after purchasing an additional 17,264 shares during the last quarter. GenTrust LLC purchased a new position in shares of L3Harris Technologies in the fourth quarter worth about $231,000. Oppenheimer & Co. Inc. raised its stake in shares of L3Harris Technologies by 1.3% in the fourth quarter. Oppenheimer & Co. Inc. now owns 30,629 shares of the company’s stock worth $8,992,000 after purchasing an additional 403 shares during the last quarter. Finally, Trifecta Capital Advisors LLC raised its stake in shares of L3Harris Technologies by 2.5% in the fourth quarter. Trifecta Capital Advisors LLC now owns 16,009 shares of the company’s stock worth $4,700,000 after purchasing an additional 385 shares during the last quarter. 84.76% of the stock is currently owned by hedge funds and other institutional investors.

L3Harris Technologies Stock Down 2.2%

L3Harris Technologies stock opened at $313.58 on Friday. The firm has a market cap of $58.57 billion, a price-to-earnings ratio of 36.76, a price-to-earnings-growth ratio of 1.62 and a beta of 0.51. L3Harris Technologies Inc has a 52 week low of $214.10 and a 52 week high of $379.23. The business’s 50-day moving average price is $352.19 and its 200 day moving average price is $323.34. The company has a quick ratio of 1.02, a current ratio of 1.03 and a debt-to-equity ratio of 0.47.

L3Harris Technologies (NYSE:LHX) last posted its earnings results on Thursday, April 30th. The company reported $2.72 EPS for the quarter, topping the consensus estimate of $2.53 by $0.19. The firm had revenue of $5.74 billion for the quarter, compared to analyst estimates of $5.42 billion. L3Harris Technologies had a return on equity of 10.65% and a net margin of 7.71%.L3Harris Technologies’s revenue for the quarter was up 11.9% compared to the same quarter last year. During the same period last year, the company earned $2.41 earnings per share. L3Harris Technologies has set its FY 2026 guidance at 11.400-11.600 EPS. As a group, sell-side analysts anticipate that L3Harris Technologies Inc will post 11.53 earnings per share for the current year.

L3Harris Technologies Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, June 26th. Investors of record on Friday, June 5th will be issued a dividend of $1.25 per share. This represents a $5.00 annualized dividend and a yield of 1.6%. The ex-dividend date of this dividend is Friday, June 5th. L3Harris Technologies’s dividend payout ratio (DPR) is 58.62%.

Insider Buying and Selling

In other L3Harris Technologies news, insider Jon Rambeau sold 5,528 shares of the firm’s stock in a transaction that occurred on Monday, March 2nd. The stock was sold at an average price of $370.32, for a total value of $2,047,128.96. Following the sale, the insider directly owned 7,660 shares of the company’s stock, valued at approximately $2,836,651.20. This trade represents a 41.92% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP Melanie Rakita sold 751 shares of the firm’s stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $370.32, for a total value of $278,110.32. Following the completion of the sale, the vice president directly owned 4,131 shares in the company, valued at approximately $1,529,791.92. The trade was a 15.38% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 19,025 shares of company stock valued at $6,824,370 over the last ninety days. Company insiders own 0.68% of the company’s stock.

Trending Headlines about L3Harris Technologies

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

• Positive Sentiment: Q1 results beat expectations — GAAP EPS $2.72 vs. consensus ~ $2.53 and revenue ~ $5.74B (up ~12% YoY); operating margin and organic growth improved, supporting near?term profitability. Business Wire: Q1 Results
• Positive Sentiment: Strong weapons and missile demand boosted results — missile solutions revenue rose (~18%); orders of $7.8B and book?to?bill of 1.4x pushed backlog to a record ~$40.7B, supporting future revenue visibility. Reuters: Lifts 2026 Profit Forecast
• Positive Sentiment: Company confidentially filed a draft S?1 for an IPO of its Missile Solutions unit — potential value realization and strategic optionality for shareholders if executed. Reuters: Missile Unit IPO Filing
• Neutral Sentiment: Management raised FY?2026 EPS guidance to $11.40–$11.60, but the midpoint is slightly below some analyst consensus (introducing mixed reactions despite the raise). Zacks: Guidance Raised
• Negative Sentiment: Market reaction: shares sold off after the print — some investors focused on guidance being slightly light and on near?term execution/uncertainty around the IPO timing, outweighing the beat for now. Barron’s: Stock Falls After Earnings

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on LHX. Morgan Stanley raised their price objective on L3Harris Technologies from $367.00 to $390.00 and gave the stock an “overweight” rating in a research note on Monday, February 2nd. Susquehanna restated a “positive” rating on shares of L3Harris Technologies in a research note on Thursday, January 15th. JPMorgan Chase & Co. raised their target price on L3Harris Technologies from $340.00 to $395.00 and gave the stock an “overweight” rating in a report on Thursday, February 5th. Royal Bank Of Canada raised their target price on L3Harris Technologies from $360.00 to $365.00 and gave the stock a “sector perform” rating in a report on Friday, January 30th. Finally, Weiss Ratings lowered L3Harris Technologies from a “buy (b)” rating to a “buy (b-)” rating in a report on Wednesday. Two research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $350.18.

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.