L3Harris Technologies Inc $LHX Shares Bought by US Bancorp DE

US Bancorp DE boosted its position in shares of L3Harris Technologies Inc (NYSE:LHX) by 1.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 348,044 shares of the company’s stock after buying an additional 4,396 shares during the period. US Bancorp DE’s holdings in L3Harris Technologies were worth $102,176,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in LHX. Caitlin John LLC acquired a new position in L3Harris Technologies during the third quarter worth approximately $28,000. American National Bank & Trust increased its position in L3Harris Technologies by 44.8% during the fourth quarter. American National Bank & Trust now owns 97 shares of the company’s stock worth $28,000 after buying an additional 30 shares during the period. JPL Wealth Management LLC acquired a new position in L3Harris Technologies during the third quarter worth approximately $29,000. Triumph Capital Management acquired a new position in L3Harris Technologies during the third quarter worth approximately $31,000. Finally, GGM Financials LLC acquired a new position in L3Harris Technologies during the third quarter worth approximately $32,000. Institutional investors and hedge funds own 84.76% of the company’s stock.

Analyst Ratings Changes

Several research analysts have commented on the company. Argus raised L3Harris Technologies to a “strong-buy” rating in a research report on Friday, February 27th. Wall Street Zen raised L3Harris Technologies from a “hold” rating to a “buy” rating in a report on Saturday, April 11th. Wolfe Research reissued an “outperform” rating on shares of L3Harris Technologies in a report on Friday, January 30th. Susquehanna reissued a “positive” rating on shares of L3Harris Technologies in a report on Thursday, January 15th. Finally, Weiss Ratings lowered L3Harris Technologies from a “buy (b)” rating to a “buy (b-)” rating in a report on Wednesday. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $349.55.

L3Harris Technologies News Summary

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

• Positive Sentiment: Q1 results beat expectations — LHX reported GAAP EPS of $2.72 and revenue of about $5.7B, topping consensus and showing mid‑teens organic revenue growth; management raised its 2026 EPS view. L3Harris Q1 Earnings and Revenues Beat Estimates, ’26 EPS View Raised
• Positive Sentiment: Order strength and margins — Orders of $7.8B, a book‑to‑bill of ~1.4x and a record backlog (~$40.7B) plus improved operating margins point to durable near‑term revenue visibility and margin leverage. L3Harris Technologies Reports Strong First Quarter 2026 Results
• Positive Sentiment: Missile business momentum — Missile Solutions revenue rose strongly (reported ~18% YoY) as elevated Pentagon demand for missiles/munitions boosts near‑term sales and backlog. L3Harris lifts 2026 profit forecast on strong weapons demand
• Neutral Sentiment: Missile unit IPO filing — L3Harris confidentially submitted an S‑1 for a proposed IPO of its Missile Solutions business; could unlock value over time but timing, sizing and use of proceeds remain uncertain. L3Harris Announces Confidential Submission of Draft Registration Statement for Proposed Initial Public Offering of Missile Solutions Business
• Negative Sentiment: Market sold off on the print — Despite the beats, shares fell intraday as some investors took profits and digested forward guidance and valuation after the stock’s strong run. L3Harris Tops Earnings Estimates. The Stock Falls.
• Negative Sentiment: Guidance nuances — FY‑2026 EPS was set to $11.40–$11.60 and revenue guidance to ~$23.0–23.5B; the EPS midpoint is slightly below some consensus figures, which likely weighed on sentiment. (Guidance disclosed in the company release and earnings commentary.)

Insiders Place Their Bets

In related news, insider Samir Mehta sold 5,528 shares of the company’s stock in a transaction 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 completion of the transaction, the insider directly owned 7,756 shares in the company, valued at approximately $2,872,201.92. This represents a 41.61% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, VP Melanie Rakita sold 751 shares of the company’s stock in a transaction 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 transaction, the vice president owned 4,131 shares of the company’s stock, valued at $1,529,791.92. The trade was a 15.38% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 19,025 shares of company stock worth $6,824,370. 0.68% of the stock is owned by corporate insiders.

L3Harris Technologies Stock Down 0.0%

LHX opened at $321.26 on Friday. The business’s fifty day moving average is $352.19 and its two-hundred day moving average is $323.34. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.02 and a current ratio of 1.19. The company has a market cap of $60.01 billion, a price-to-earnings ratio of 37.66, a PEG ratio of 1.62 and a beta of 0.62. L3Harris Technologies Inc has a one year low of $214.10 and a one year high of $379.23.

L3Harris Technologies (NYSE:LHX) last posted its earnings results on Thursday, April 30th. The company reported $2.72 EPS for the quarter, topping analysts’ consensus estimates of $2.53 by $0.19. The company had revenue of $5.74 billion for the quarter, compared to the consensus estimate of $5.42 billion. L3Harris Technologies had a return on equity of 10.43% and a net margin of 7.35%.L3Harris Technologies’s quarterly revenue was up 11.9% compared to the same quarter last year. During the same period in the previous year, the business earned $2.41 earnings per share. L3Harris Technologies has set its FY 2026 guidance at 11.400-11.600 EPS. Analysts anticipate that L3Harris Technologies Inc will post 11.53 EPS for the current fiscal year.

L3Harris Technologies Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, June 26th. Shareholders of record on Friday, June 5th will be given a dividend of $1.25 per share. This represents a $5.00 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date is Friday, June 5th. L3Harris Technologies’s payout ratio is presently 58.62%.

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.