B. Metzler seel. Sohn & Co. AG Takes $1.15 Million Position in L3Harris Technologies Inc $LHX

B. Metzler seel. Sohn & Co. AG acquired a new stake in L3Harris Technologies Inc (NYSE:LHX) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 3,904 shares of the company’s stock, valued at approximately $1,146,000.

Several other large investors also recently made changes to their positions in the stock. Burns J W & Co. Inc. NY boosted its holdings in shares of L3Harris Technologies by 3.1% in the 4th quarter. Burns J W & Co. Inc. NY now owns 987 shares of the company’s stock valued at $290,000 after buying an additional 30 shares during the last quarter. American National Bank & Trust boosted its holdings in shares of L3Harris Technologies by 44.8% in the 4th quarter. American National Bank & Trust now owns 97 shares of the company’s stock valued at $28,000 after buying an additional 30 shares during the last quarter. Rainier Family Wealth Inc. boosted its holdings in shares of L3Harris Technologies by 4.8% in the 4th quarter. Rainier Family Wealth Inc. now owns 700 shares of the company’s stock valued at $205,000 after buying an additional 32 shares during the last quarter. San Luis Wealth Advisors LLC boosted its holdings in shares of L3Harris Technologies by 5.1% in the 4th quarter. San Luis Wealth Advisors LLC now owns 705 shares of the company’s stock valued at $207,000 after buying an additional 34 shares during the last quarter. Finally, Wealth Quarterback LLC boosted its holdings in shares of L3Harris Technologies by 1.8% in the 4th quarter. Wealth Quarterback LLC now owns 2,011 shares of the company’s stock valued at $590,000 after buying an additional 35 shares during the last quarter. Institutional investors and hedge funds own 84.76% of the company’s stock.

L3Harris Technologies Stock Down 0.0%

LHX opened at $317.38 on Monday. L3Harris Technologies Inc has a 1-year low of $214.10 and a 1-year high of $379.23. The stock’s fifty day simple moving average is $354.48 and its 200 day simple moving average is $322.99. The company has a current ratio of 1.19, a quick ratio of 1.02 and a debt-to-equity ratio of 0.53. The stock has a market cap of $59.28 billion, a PE ratio of 37.21, a price-to-earnings-growth ratio of 1.60 and a beta of 0.62.

L3Harris Technologies (NYSE:LHX) last posted its quarterly earnings results on Thursday, January 29th. The company reported $2.86 earnings per share for the quarter, beating analysts’ consensus estimates of $2.76 by $0.10. The business had revenue of $5.65 billion for the quarter, compared to analysts’ expectations of $5.76 billion. L3Harris Technologies had a return on equity of 10.43% and a net margin of 7.35%.The firm’s revenue for the quarter was up 2.3% on a year-over-year basis. During the same quarter in the prior year, the business earned $3.47 EPS. As a group, research analysts expect that L3Harris Technologies Inc will post 11.53 earnings per share for the current year.

L3Harris Technologies Announces Dividend

The company also recently disclosed 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. The ex-dividend date is Friday, June 5th. This represents a $5.00 annualized dividend and a yield of 1.6%. L3Harris Technologies’s dividend payout ratio (DPR) is presently 58.62%.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on LHX shares. Argus upgraded L3Harris Technologies to a “strong-buy” rating in a research note on Friday, February 27th. Morgan Stanley increased their price target on L3Harris Technologies from $367.00 to $390.00 and gave the company an “overweight” rating in a research note on Monday, February 2nd. Wolfe Research restated an “outperform” rating on shares of L3Harris Technologies in a research note on Friday, January 30th. Vertical Research restated a “buy” rating and issued a $355.00 price target on shares of L3Harris Technologies in a research note on Tuesday, January 13th. Finally, Sanford C. Bernstein restated an “outperform” rating on shares of L3Harris Technologies in a research note on Friday, February 6th. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and four have given a Hold rating to the company. According to MarketBeat, L3Harris Technologies has a consensus rating of “Moderate Buy” and a consensus target price of $349.55.

Trending Headlines about L3Harris Technologies

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

• Positive Sentiment: L3Harris closed a $1 billion strategic investment from the Department of War into its Missile Solutions business to expand facilities, R&D and production capacity — a material, high-quality win that strengthens backlog and cash support for growth. L3Harris Closes $1B Investment from Department of War in Missile Solutions Business
• Positive Sentiment: Short interest fell sharply in April (down ~15.9% to ~2.55M shares; short-interest ratio ~2.3 days and ~1.4% of float), reducing a source of downside pressure and suggesting fewer bearish bets against the stock.
• Positive Sentiment: The board declared a quarterly cash dividend of $1.25 per share (payable June 26; ex-dividend/record June 5) — a sign of capital return and income support for shareholders (annualized yield ≈1.5%). L3Harris Announces Quarterly Dividend
• Positive Sentiment: L3Harris plans an F‑35 sustainment depot in Quebec as Ottawa reviews fighter orders — another program-level win that could expand long-term sustainment revenue, though it depends on government procurement outcomes. L3Harris to establish F-35 sustainment depot in Quebec as Ottawa reviews fighter jets order
• Neutral Sentiment: Analyst previews expect LHX to post EPS growth and possibly beat next week, reflecting demand strength across communications and missile systems, which supports medium-term expectations. L3Harris (LHX) Earnings Expected to Grow: What to Know Ahead of Next Week’s Release
• Neutral Sentiment: NYSE market notices and premarket coverage are running today (general market context rather than LHX-specific catalysts). NYSE Content Update: NYSE to Host ‘Ring the Bell for Financial Literacy’
• Negative Sentiment: Outlook risk: Zacks notes that late-quarter production ramps could limit immediate revenue upside even if demand is solid — a timing/operational issue that can pressure near-term results and sentiment. L3Harris Technologies to Post Q1 Earnings: Here’s What’s in the Cards

Insiders Place Their Bets

In other L3Harris Technologies news, VP Melanie Rakita sold 2,378 shares of the stock in a transaction on Thursday, February 26th. The stock was sold at an average price of $341.45, for a total transaction of $811,968.10. Following the transaction, the vice president owned 4,882 shares in the company, valued at $1,666,958.90. This trade represents a 32.75% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Jon Rambeau sold 5,528 shares of the 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 transaction, the insider owned 7,660 shares in the company, valued at $2,836,651.20. The trade was a 41.92% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 19,025 shares of company stock worth $6,824,370 in the last 90 days. Company insiders own 0.68% of the company’s stock.

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.