Royal Bank Of Canada Boosts L3Harris Technologies (NYSE:LHX) Price Target to $365.00

L3Harris Technologies (NYSE:LHX) had its price target upped by analysts at Royal Bank Of Canada from $360.00 to $365.00 in a note issued to investors on Friday,Benzinga reports. The brokerage presently has a “sector perform” rating on the stock. Royal Bank Of Canada’s target price indicates a potential upside of 6.57% from the company’s previous close.

LHX has been the topic of a number of other research reports. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of L3Harris Technologies in a research note on Monday, January 12th. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of L3Harris Technologies in a research report on Wednesday, October 8th. Wall Street Zen downgraded shares of L3Harris Technologies from a “strong-buy” rating to a “buy” rating in a research report on Sunday, January 11th. BNP Paribas Exane upgraded L3Harris Technologies to a “hold” rating in a research report on Tuesday, November 18th. Finally, Citigroup lifted their price target on L3Harris Technologies from $331.00 to $389.00 and gave the company a “buy” rating in a research note on Tuesday, January 13th. Fifteen equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $316.07.

L3Harris Technologies Stock Performance

NYSE LHX opened at $342.50 on Friday. L3Harris Technologies has a fifty-two week low of $193.09 and a fifty-two week high of $369.59. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.95 and a current ratio of 1.19. The firm has a market capitalization of $64.06 billion, a P/E ratio of 40.15, a PEG ratio of 2.42 and a beta of 0.66. The stock has a 50-day simple moving average of $308.13 and a two-hundred day simple moving average of $291.57.

L3Harris Technologies (NYSE:LHX) last posted its earnings results on Thursday, January 29th. The company reported $2.86 EPS for the quarter, topping the consensus estimate of $2.76 by $0.10. The firm 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%.L3Harris Technologies’s revenue for the quarter was up 2.3% compared to the same quarter last year. During the same period last year, the company earned $3.47 earnings per share. On average, equities analysts forecast that L3Harris Technologies will post 11.12 earnings per share for the current year.

Insider Activity

In other news, CEO Christopher E. Kubasik sold 14,171 shares of L3Harris Technologies stock in a transaction that occurred on Thursday, November 13th. The stock was sold at an average price of $301.05, for a total value of $4,266,179.55. Following the sale, the chief executive officer directly owned 144,426 shares of the company’s stock, valued at $43,479,447.30. The trade was a 8.94% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. 0.72% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On L3Harris Technologies

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. First Horizon Corp acquired a new position in L3Harris Technologies in the 3rd quarter valued at about $10,667,000. Merit Financial Group LLC boosted its stake in shares of L3Harris Technologies by 55.9% in the third quarter. Merit Financial Group LLC now owns 9,989 shares of the company’s stock valued at $3,051,000 after purchasing an additional 3,583 shares during the period. BankPlus Trust Department boosted its stake in shares of L3Harris Technologies by 6.9% in the second quarter. BankPlus Trust Department now owns 5,854 shares of the company’s stock valued at $1,468,000 after purchasing an additional 379 shares during the period. Oregon Public Employees Retirement Fund grew its holdings in shares of L3Harris Technologies by 32.6% in the third quarter. Oregon Public Employees Retirement Fund now owns 21,324 shares of the company’s stock valued at $6,513,000 after purchasing an additional 5,239 shares in the last quarter. Finally, US Bancorp DE increased its stake in L3Harris Technologies by 1.6% during the 2nd quarter. US Bancorp DE now owns 344,112 shares of the company’s stock worth $86,317,000 after buying an additional 5,526 shares during the period. Institutional investors and hedge funds own 84.76% of the company’s stock.

Trending Headlines about L3Harris Technologies

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

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.