L3Harris Technologies (NYSE:LHX) Price Target Lowered to $310.00 at BNP Paribas Exane

L3Harris Technologies (NYSE:LHX) had its target price lowered by analysts at BNP Paribas Exane from $330.00 to $310.00 in a note issued to investors on Thursday,Benzinga reports. The firm presently has a “neutral” rating on the stock. BNP Paribas Exane’s target price suggests a potential upside of 16.21% from the stock’s current price.

Several other equities research analysts have also commented on the company. Wall Street Zen upgraded L3Harris Technologies from a “hold” rating to a “buy” rating in a research note on Saturday, April 11th. UBS Group reduced their price target on L3Harris Technologies from $362.00 to $330.00 and set a “neutral” rating for the company in a research report on Friday, May 1st. Weiss Ratings cut L3Harris Technologies from a “buy (b)” rating to a “buy (b-)” rating in a research report on Tuesday, June 23rd. Truist Financial raised shares of L3Harris Technologies to a “strong-buy” rating in a report on Friday, May 1st. Finally, Sanford C. Bernstein lowered their price target on shares of L3Harris Technologies to $405.00 and set an “outperform” rating on the stock in a report on Monday, May 4th. Two investment analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $370.22.

L3Harris Technologies Stock Performance

LHX stock traded down $30.77 during trading on Thursday, reaching $266.76. The stock had a trading volume of 2,823,884 shares, compared to its average volume of 1,455,317. L3Harris Technologies has a 52 week low of $262.68 and a 52 week high of $379.23. The firm has a market cap of $49.69 billion, a PE ratio of 28.99, a PEG ratio of 1.55 and a beta of 0.51. The company has a current ratio of 1.03, a quick ratio of 0.89 and a debt-to-equity ratio of 0.47. The stock’s 50 day moving average is $298.92 and its two-hundred day moving average is $328.39.

L3Harris Technologies (NYSE:LHX) last posted its quarterly earnings data on Wednesday, July 29th. The company reported $3.13 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.80 by $0.33. L3Harris Technologies had a net margin of 7.71% and a return on equity of 10.65%. The company had revenue of $5.88 billion for the quarter, compared to the consensus estimate of $5.81 billion. During the same quarter last year, the firm posted $2.78 earnings per share. The firm’s revenue was up 8.4% compared to the same quarter last year. L3Harris Technologies has set its FY 2026 guidance at 11.800-12.000 EPS. As a group, equities analysts anticipate that L3Harris Technologies will post 11.54 earnings per share for the current year.

Insider Activity

In related news, VP Melanie Rakita sold 2,180 shares of L3Harris Technologies stock in a transaction that occurred on Tuesday, May 5th. The stock was sold at an average price of $310.45, for a total transaction of $676,781.00. Following the sale, the vice president owned 4,192 shares of the company’s stock, valued at approximately $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 can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.68% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. REAP Financial Group LLC raised its position in shares of L3Harris Technologies by 12.9% during the fourth quarter. REAP Financial Group LLC now owns 254 shares of the company’s stock valued at $74,000 after buying an additional 29 shares during the last quarter. American National Bank & Trust boosted its position in shares of 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 acquiring an additional 30 shares during the last quarter. CYBER HORNET ETFs LLC boosted its position in shares of L3Harris Technologies by 5.8% during the fourth quarter. CYBER HORNET ETFs LLC now owns 547 shares of the company’s stock worth $161,000 after acquiring an additional 30 shares during the last quarter. Turtle Creek Wealth Advisors LLC grew its stake in L3Harris Technologies by 3.7% during 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 in the last quarter. Finally, Keudell Morrison Wealth Management increased its holdings in L3Harris Technologies by 0.7% in the 1st quarter. Keudell Morrison Wealth Management now owns 4,631 shares of the company’s stock valued at $1,598,000 after acquiring an additional 31 shares during the last quarter. 84.76% of the stock is currently owned by institutional investors.

L3Harris Technologies News Roundup

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

• Positive Sentiment: Second-quarter adjusted earnings were $3.13 per share, above the $2.80 consensus estimate and up from $2.78 a year ago. Revenue reached approximately $5.9 billion, exceeding estimates of $5.81 billion and rising 8.4% year over year. L3Harris Q2 Earnings and Revenues Beat Estimates, 2026 Outlook Raised
• Positive Sentiment: Demand remains robust, particularly for weapons systems. L3Harris reported $7.3 billion in orders, a 1.2x book-to-bill ratio and a record $42 billion backlog, supporting future revenue visibility. L3Harris Technologies Reports Robust Second Quarter 2026 Results
• Positive Sentiment: Profitability and cash generation improved: operating margin increased to 11.1%, segment margin reached 16.0%, operating cash flow rose to $879 million and free cash flow increased 37% to $771 million.
• Positive Sentiment: Management raised 2026 adjusted EPS guidance to $11.80-$12.00, 40 cents above its prior forecast, and provided revenue guidance of $23.2-$23.7 billion. The EPS range is above the roughly $11.67 analyst consensus. L3Harris Raises Guidance on Higher Profit, Revenue
• Neutral Sentiment: The revenue guidance midpoint of $23.45 billion is slightly below the $23.5 billion consensus estimate, although the range indicates continued growth and the EPS outlook was upgraded.
• Negative Sentiment: Despite the earnings beat and higher guidance, reports indicate that LHX shares slipped. The reaction suggests investors may have expected an even stronger outlook or are taking profits after the results; the stock also remains below its major moving averages and near its 52-week low. L3Harris shares slip despite Q2 earnings beat

L3Harris Technologies Company Profile

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.