L3Harris Technologies Inc $LHX Shares Purchased by New York State Common Retirement Fund

New York State Common Retirement Fund boosted its position in shares of L3Harris Technologies Inc (NYSE:LHX) by 29.5% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 125,377 shares of the company’s stock after acquiring an additional 28,539 shares during the quarter. New York State Common Retirement Fund’s holdings in L3Harris Technologies were worth $38,291,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the company. Kiker Wealth Management LLC boosted its stake in shares of L3Harris Technologies by 137.0% in the second quarter. Kiker Wealth Management LLC now owns 109 shares of the company’s stock valued at $27,000 after purchasing an additional 63 shares during the period. Harbor Asset Planning Inc. acquired a new stake in L3Harris Technologies during the 2nd quarter worth approximately $32,000. Twin Peaks Wealth Advisors LLC purchased a new position in L3Harris Technologies in the 2nd quarter valued at approximately $34,000. Salomon & Ludwin LLC acquired a new position in shares of L3Harris Technologies in the third quarter worth $34,000. Finally, Rakuten Securities Inc. grew its stake in shares of L3Harris Technologies by 234.8% in the second quarter. Rakuten Securities Inc. now owns 154 shares of the company’s stock worth $39,000 after acquiring an additional 108 shares in the last quarter. 84.76% of the stock is owned by institutional investors and hedge funds.

L3Harris Technologies News Roundup

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

• Positive Sentiment: U.S. Navy awarded L3Harris the Red Wolf contract to develop, test and produce long‑range Precision Attack Strike Munition vehicles — a clear program win that supports future revenue and backlog growth. US Navy Selects L3Harris Red Wolf
• Positive Sentiment: Management raised FY‑2026 guidance to EPS $11.30–$11.50 and revenue $23.0–$23.5B (above consensus), signaling confidence in organic growth despite near‑term headwinds. 2025 Results & 2026 Guidance
• Positive Sentiment: Company is pursuing a Missile Solutions spinoff (with reported government investment interest) and raised its dividend — strategic moves that could unlock value and support shareholder returns. Missile Solutions IPO & growth outlook
• Positive Sentiment: Q4 EPS beat consensus ($2.86 vs. $2.76), showing underlying profitability despite weaker revenue. Q4 EPS beat
• Neutral Sentiment: Analyst reaction mixed — Royal Bank of Canada nudged its price target up to $365 with a “sector perform” rating, offering modest validation but not a strong buy signal. RBC raises target
• Neutral Sentiment: Industry coverage highlights L3Harris among peers as defense spending lifts demand for unmanned and missile systems — a sector tailwind that benefits multiple names. AVAV vs LHX analysis
• Negative Sentiment: Q4 revenue missed estimates ($5.65B vs. $5.76B) and management flagged near‑term pressure from a prolonged U.S. government shutdown that delayed contract awards — the primary driver of today’s selloff. Revenue miss due to shutdown
• Negative Sentiment: Analyst and media headlines emphasized a disappointing near‑term revenue outlook and the YoY drop in quarterly earnings, prompting short‑term selling despite longer‑term positives. Shares slide coverage
• Negative Sentiment: Quarterly earnings were lower year‑over‑year, which may concern investors focused on near‑term profitability trends. Earnings fall coverage

Analyst Upgrades and Downgrades

LHX has been the topic of several analyst reports. Royal Bank Of Canada increased their price objective on L3Harris Technologies from $360.00 to $365.00 and gave the company a “sector perform” rating in a research note on Friday. TD Cowen restated a “buy” rating on shares of L3Harris Technologies in a report on Monday, January 5th. BNP Paribas Exane upgraded L3Harris Technologies to a “hold” rating in a research note on Tuesday, November 18th. Citigroup boosted their price objective on L3Harris Technologies from $331.00 to $389.00 and gave the stock a “buy” rating in a research report on Tuesday, January 13th. Finally, Weiss Ratings upgraded shares of L3Harris Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, December 29th. Fifteen research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $316.07.

Insider Buying and Selling at L3Harris Technologies

In other news, CEO Christopher E. Kubasik sold 14,171 shares of the company’s stock in a transaction on Thursday, November 13th. The shares were sold at an average price of $301.05, for a total value of $4,266,179.55. Following the completion of the transaction, the chief executive officer owned 144,426 shares in the company, valued at approximately $43,479,447.30. This represents a 8.94% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Corporate insiders own 0.72% of the company’s stock.

L3Harris Technologies Stock Down 3.8%

Shares of NYSE LHX opened at $342.50 on Friday. The business has a 50-day moving average of $308.13 and a two-hundred day moving average of $291.36. The company has a market capitalization of $64.06 billion, a price-to-earnings ratio of 40.15, a price-to-earnings-growth ratio of 2.42 and a beta of 0.66. L3Harris Technologies Inc has a 1 year low of $193.09 and a 1 year high of $369.59. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.19 and a quick ratio of 0.95.

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 the consensus estimate of $2.76 by $0.10. The business had revenue of $5.65 billion for the quarter, compared to analyst estimates of $5.76 billion. L3Harris Technologies had a return on equity of 10.43% and a net margin of 7.35%.The business’s quarterly revenue was up 2.3% on a year-over-year basis. During the same quarter last year, the company earned $3.47 EPS. On average, analysts forecast that L3Harris Technologies Inc will post 11.12 earnings per share for the current fiscal year.

L3Harris Technologies Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 20th. Stockholders of record on Friday, March 6th will be given a dividend of $1.25 per share. The ex-dividend date is Friday, March 6th. This represents a $5.00 annualized dividend and a dividend yield of 1.5%. This is a boost from L3Harris Technologies’s previous quarterly dividend of $1.20. L3Harris Technologies’s payout ratio is presently 56.27%.

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.