L3Harris Technologies Inc (NYSE:LHX – Free Report) – Investment analysts at Seaport Res Ptn raised their Q4 2025 earnings per share (EPS) estimates for shares of L3Harris Technologies in a research note issued to investors on Wednesday, July 16th. Seaport Res Ptn analyst R. Safran now expects that the company will post earnings per share of $2.97 for the quarter, up from their prior estimate of $2.92. The consensus estimate for L3Harris Technologies’ current full-year earnings is $11.12 per share.
LHX has been the subject of a number of other reports. Susquehanna set a $300.00 target price on L3Harris Technologies and gave the company a “positive” rating in a report on Monday, July 14th. Wall Street Zen upgraded L3Harris Technologies from a “hold” rating to a “buy” rating in a research note on Saturday, July 12th. Sanford C. Bernstein reiterated an “outperform” rating on shares of L3Harris Technologies in a research note on Monday. Citigroup reiterated a “buy” rating and issued a $300.00 price objective (up previously from $280.00) on shares of L3Harris Technologies in a research note on Monday, July 14th. Finally, Wells Fargo & Company decreased their price objective on L3Harris Technologies from $268.00 to $242.00 and set an “overweight” rating for the company in a research note on Tuesday, April 8th. Five analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $263.81.
L3Harris Technologies Stock Performance
Shares of L3Harris Technologies stock opened at $264.71 on Friday. The business has a 50-day moving average of $246.64 and a 200 day moving average of $223.53. L3Harris Technologies has a 12 month low of $193.09 and a 12 month high of $267.57. The stock has a market capitalization of $49.49 billion, a price-to-earnings ratio of 31.40, a price-to-earnings-growth ratio of 2.07 and a beta of 0.75. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.02 and a quick ratio of 0.85.
L3Harris Technologies (NYSE:LHX – Get Free Report) last announced its earnings results on Thursday, April 24th. The company reported $2.41 EPS for the quarter, beating analysts’ consensus estimates of $2.32 by $0.09. L3Harris Technologies had a return on equity of 12.38% and a net margin of 7.55%. The company had revenue of $5.13 billion during the quarter, compared to analysts’ expectations of $5.29 billion. During the same period last year, the business posted $3.06 EPS. L3Harris Technologies’s revenue for the quarter was down 1.5% on a year-over-year basis.
L3Harris Technologies Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Monday, September 22nd. Shareholders of record on Friday, September 5th will be given a dividend of $1.20 per share. This represents a $4.80 annualized dividend and a yield of 1.81%. The ex-dividend date of this dividend is Friday, September 5th. L3Harris Technologies’s dividend payout ratio (DPR) is 56.94%.
Insider Activity at L3Harris Technologies
In other L3Harris Technologies news, insider Edward J. Zoiss sold 2,000 shares of L3Harris Technologies stock in a transaction that occurred on Tuesday, May 27th. The stock was sold at an average price of $245.00, for a total transaction of $490,000.00. Following the transaction, the insider owned 25,325 shares of the company’s stock, valued at $6,204,625. The trade was a 7.32% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CEO Christopher E. Kubasik sold 33,061 shares of L3Harris Technologies stock in a transaction that occurred on Thursday, June 12th. The stock was sold at an average price of $248.48, for a total value of $8,214,997.28. Following the transaction, the chief executive officer directly owned 145,572 shares in the company, valued at approximately $36,171,730.56. This trade represents a 18.51% decrease in their position. The disclosure for this sale can be found here. Insiders own 0.72% of the company’s stock.
Institutional Inflows and Outflows
Several institutional investors have recently added to or reduced their stakes in LHX. Brighton Jones LLC increased its holdings in shares of L3Harris Technologies by 233.9% in the fourth quarter. Brighton Jones LLC now owns 4,284 shares of the company’s stock valued at $901,000 after purchasing an additional 3,001 shares during the period. PDS Planning Inc increased its holdings in shares of L3Harris Technologies by 5.8% in the fourth quarter. PDS Planning Inc now owns 1,100 shares of the company’s stock valued at $231,000 after purchasing an additional 60 shares during the period. Horizon Investments LLC increased its holdings in shares of L3Harris Technologies by 2.3% in the fourth quarter. Horizon Investments LLC now owns 4,208 shares of the company’s stock valued at $885,000 after purchasing an additional 94 shares during the period. Vinva Investment Management Ltd increased its holdings in shares of L3Harris Technologies by 312.7% in the fourth quarter. Vinva Investment Management Ltd now owns 6,410 shares of the company’s stock valued at $1,339,000 after purchasing an additional 4,857 shares during the period. Finally, GM Advisory Group LLC increased its holdings in shares of L3Harris Technologies by 6.0% in the fourth quarter. GM Advisory Group LLC now owns 1,298 shares of the company’s stock valued at $273,000 after purchasing an additional 74 shares during the period. Institutional investors and hedge funds own 84.76% of the company’s stock.
L3Harris Technologies Company Profile
L3Harris Technologies, Inc provides mission-critical solutions for government and commercial customers worldwide. The company's Integrated Mission Systems segment provides intelligence, surveillance, and reconnaissance (ISR) systems, passive sensing and targeting, electronic attack, autonomy, power and communications, and networks and sensors, as well as advanced combat systems for air, land, and sea sectors.
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