Groupe la Francaise Acquires 2,096 Shares of L3Harris Technologies Inc $LHX

Groupe la Francaise lifted its holdings in shares of L3Harris Technologies Inc (NYSE:LHX) by 8.5% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 26,884 shares of the company’s stock after purchasing an additional 2,096 shares during the period. Groupe la Francaise’s holdings in L3Harris Technologies were worth $9,279,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. Vanguard Group Inc. raised its position in L3Harris Technologies by 0.8% during the 4th quarter. Vanguard Group Inc. now owns 23,410,806 shares of the company’s stock worth $6,872,710,000 after purchasing an additional 190,955 shares during the last quarter. Capital World Investors lifted its holdings in L3Harris Technologies by 2.9% during the 4th quarter. Capital World Investors now owns 11,645,419 shares of the company’s stock worth $3,418,747,000 after buying an additional 329,910 shares during the period. State Street Corp grew its position in shares of L3Harris Technologies by 1.6% in the 4th quarter. State Street Corp now owns 8,919,368 shares of the company’s stock valued at $2,618,459,000 after buying an additional 141,442 shares during the last quarter. Geode Capital Management LLC grew its position in shares of L3Harris Technologies by 2.1% in the 4th quarter. Geode Capital Management LLC now owns 5,146,713 shares of the company’s stock valued at $1,505,444,000 after buying an additional 106,430 shares during the last quarter. Finally, Morgan Stanley raised its position in shares of L3Harris Technologies by 3.9% during the fourth quarter. Morgan Stanley now owns 3,318,020 shares of the company’s stock worth $974,072,000 after acquiring an additional 124,797 shares during the last quarter. Institutional investors own 84.76% of the company’s stock.

L3Harris Technologies Stock Performance

Shares of LHX opened at $272.28 on Friday. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.03 and a quick ratio of 0.89. The stock has a 50-day moving average of $298.23 and a 200-day moving average of $327.94. The company has a market cap of $50.72 billion, a PE ratio of 27.50, a P/E/G ratio of 1.51 and a beta of 0.51. L3Harris Technologies Inc has a one year low of $262.68 and a one year high of $379.23.

L3Harris Technologies (NYSE:LHX) last posted its quarterly earnings results on Wednesday, July 29th. The company reported $3.13 earnings per share for the quarter, topping analysts’ consensus estimates of $2.80 by $0.33. The business had revenue of $5.88 billion for the quarter, compared to the consensus estimate of $5.81 billion. L3Harris Technologies had a return on equity of 11.00% and a net margin of 8.17%.The firm’s revenue for the quarter was up 8.4% on a year-over-year basis. During the same period in the prior year, the business earned $2.78 EPS. L3Harris Technologies has set its FY 2026 guidance at 11.800-12.000 EPS. On average, equities research analysts predict that L3Harris Technologies Inc will post 11.54 EPS for the current fiscal year.

L3Harris Technologies Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, September 18th. Stockholders of record on Friday, September 4th will be given a dividend of $1.25 per share. This represents a $5.00 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date of this dividend is Friday, September 4th. L3Harris Technologies’s dividend payout ratio is presently 50.51%.

Key L3Harris Technologies News

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

• Positive Sentiment: Q2 results exceeded expectations: L3Harris reported adjusted EPS of $3.13 versus the $2.80 consensus and revenue of approximately $5.88 billion versus $5.81 billion expected. Revenue increased 8.4% year over year, while EPS rose from $2.78 a year earlier. L3Harris Q2 Earnings and Revenues Beat Estimates, 2026 Outlook Raised
• Positive Sentiment: Demand and cash flow were strong: Orders reached $7.3 billion, producing a 1.2x book-to-bill ratio and a record $42 billion backlog. Operating cash flow rose 37% to $879 million and free cash flow increased 37% to $771 million, supported by broad-based growth and strong weapons demand. L3Harris Technologies Reports Robust Second Quarter 2026 Results
• Positive Sentiment: Full-year guidance was raised: L3Harris now expects fiscal 2026 adjusted EPS of $11.80–$12.00, above the prior outlook and analyst consensus, with revenue guidance of $23.2–$23.7 billion. Operating margin also improved year over year. L3Harris Raises Guidance on Higher Profit, Revenue
• Neutral Sentiment: Missile-solutions IPO paused: Management reportedly suspended plans to take the missile-solutions business public, saying current market conditions undervalue the asset. The move preserves strategic flexibility but removes a potential near-term value-unlocking catalyst. L3Harris Pauses IPO Of Missile Solutions Business, Says Market Undervalues
• Negative Sentiment: Analyst caution added pressure: BNP Paribas Exane lowered its price target from $330 to $310 and maintained a neutral rating. Although the revised target implies upside, the downgrade signals that the strong earnings report may already be reflected in the valuation. BNP Paribas Exane L3Harris Price Target Update

Insider Buying and Selling at L3Harris Technologies

In related news, VP Melanie Rakita sold 2,180 shares of the stock in a transaction on Tuesday, May 5th. The stock was sold at an average price of $310.45, for a total value of $676,781.00. Following the transaction, the vice president directly owned 4,192 shares in the company, valued at $1,301,406.40. This trade represents a 34.21% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.68% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

LHX has been the topic of several analyst reports. Truist Financial upgraded L3Harris Technologies to a “strong-buy” rating in a report on Friday, May 1st. Wall Street Zen upgraded shares of L3Harris Technologies from a “hold” rating to a “buy” rating in a report on Saturday, April 11th. Sanford C. Bernstein dropped their price target on shares of L3Harris Technologies to $405.00 and set an “outperform” rating on the stock in a research report on Monday, May 4th. BNP Paribas Exane decreased their price objective on shares of L3Harris Technologies from $330.00 to $310.00 and set a “neutral” rating for the company in a research report on Thursday. Finally, Weiss Ratings downgraded shares of L3Harris Technologies from a “buy (b)” rating to a “buy (b-)” rating in a research note on Tuesday, June 23rd. Two research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $370.22.

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.