Truist Financial Corp Has $39.16 Million Stock Position in L3Harris Technologies Inc $LHX

Truist Financial Corp lessened its holdings in shares of L3Harris Technologies Inc (NYSE:LHX) by 1.9% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 128,207 shares of the company’s stock after selling 2,473 shares during the quarter. Truist Financial Corp owned 0.07% of L3Harris Technologies worth $39,156,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of LHX. First Horizon Corp acquired a new stake in shares of L3Harris Technologies in the third quarter valued at about $10,667,000. Gold Investment Management Ltd. increased its position in shares of L3Harris Technologies by 108.4% during the 2nd quarter. Gold Investment Management Ltd. now owns 1,738 shares of the company’s stock worth $437,000 after purchasing an additional 904 shares during the last quarter. BankPlus Trust Department raised its stake in shares of L3Harris Technologies by 6.9% during the 2nd quarter. BankPlus Trust Department now owns 5,854 shares of the company’s stock worth $1,468,000 after purchasing an additional 379 shares in the last quarter. Oregon Public Employees Retirement Fund boosted its holdings in shares of L3Harris Technologies by 32.6% in the 3rd quarter. Oregon Public Employees Retirement Fund now owns 21,324 shares of the company’s stock valued at $6,513,000 after buying an additional 5,239 shares during the last quarter. Finally, US Bancorp DE increased its holdings in L3Harris Technologies by 1.6% during the second 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 last quarter. 84.76% of the stock is currently owned by institutional investors.

Key Headlines Impacting L3Harris Technologies

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

• Positive Sentiment: Beat on earnings and strong cash generation: LHX reported Q4 EPS of $2.86, topping estimates, and delivered solid full?year results (orders $27.5B, adjusted free cash flow up ~21%). These fundamentals support valuation and buyback/dividend capacity. Business Wire: L3Harris Reports Strong Full Year and Fourth Quarter 2025 Results
• Positive Sentiment: 2026 guidance and backlog: Management initiated 2026 guidance targeting ~7% organic growth and $23–$23.5B in revenue and highlighted a record backlog — an indicator of revenue visibility into 2026. Management is also pursuing a Missile Solutions IPO that could unlock value. Seeking Alpha: L3Harris projects 7% organic growth for 2026 with $23–$23.5B revenue target
• Neutral Sentiment: Mixed segment results and metrics vs. estimates: Analysts note Q4 delivered an EPS beat but revenue came in light versus consensus; segment performance was uneven. These nuances leave upside tied to program execution and international sales. Zacks: L3Harris Q4 Earnings Surpass Estimates, Revenues Rise Y/Y
• Negative Sentiment: Revenue miss tied to U.S. government shutdown delays: Q4 revenue missed Street estimates after contract awards and payments were pushed by a prolonged government shutdown — a timing risk that pressured near?term top line. Reuters: L3Harris quarterly revenue misses estimates on government shutdown pressures
• Negative Sentiment: Management flagged slightly weaker near?term revenue outlook and comments around Fed/shutdown impacts prompted investor concern, leading to downward pressure on the stock despite the EPS beat. MSN: L3Harris shares slide on disappointing earnings outlook; Fed shutdown hit Q4
• Negative Sentiment: Rising short interest: Short interest increased ~22.5% in January (to ~1.9% of float), which can amplify downside on negative headlines or guidance surprises.

Analysts Set New Price Targets

A number of equities analysts have weighed in on the company. Morgan Stanley upped their price objective on L3Harris Technologies from $250.00 to $350.00 and gave the company an “equal weight” rating in a research note on Wednesday, October 15th. TD Cowen restated a “buy” rating on shares of L3Harris Technologies in a research note on Monday, January 5th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of L3Harris Technologies in a report on Wednesday, October 8th. Sanford C. Bernstein reiterated an “outperform” rating on shares of L3Harris Technologies in a report on Monday, January 12th. Finally, JPMorgan Chase & Co. raised their target price on shares of L3Harris Technologies from $325.00 to $340.00 and gave the stock an “overweight” rating in a research note on Tuesday, November 4th. Fourteen research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat.com, L3Harris Technologies has an average rating of “Moderate Buy” and a consensus price target of $315.73.

L3Harris Technologies Trading Down 1.2%

Shares of L3Harris Technologies stock opened at $355.87 on Friday. The company has a quick ratio of 0.95, a current ratio of 1.14 and a debt-to-equity ratio of 0.56. L3Harris Technologies Inc has a 12-month low of $193.09 and a 12-month high of $369.59. The company has a market capitalization of $66.57 billion, a price-to-earnings ratio of 38.22, a PEG ratio of 2.25 and a beta of 0.66. The firm’s 50-day moving average price is $306.83 and its two-hundred day moving average price is $290.80.

L3Harris Technologies (NYSE:LHX) last issued its quarterly earnings results on Thursday, January 29th. The company reported $2.86 earnings per share for the quarter, topping analysts’ consensus estimates of $2.76 by $0.10. The company had revenue of $5.65 billion during the quarter, compared to the consensus estimate of $5.76 billion. L3Harris Technologies had a net margin of 8.09% and a return on equity of 11.08%. The firm’s quarterly revenue was up 2.3% on a year-over-year basis. During the same quarter in the prior year, the firm posted $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 firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 20th. Investors 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 1.4%. This is an increase from L3Harris Technologies’s previous quarterly dividend of $1.20. L3Harris Technologies’s dividend payout ratio is currently 51.56%.

Insiders Place Their Bets

In other L3Harris Technologies news, CEO Christopher E. Kubasik sold 14,171 shares of the business’s stock in a transaction dated Thursday, November 13th. The stock was sold at an average price of $301.05, for a total transaction of $4,266,179.55. Following the completion of the transaction, the chief executive officer owned 144,426 shares of the company’s stock, valued at approximately $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 Securities & Exchange Commission, which can be accessed through the SEC website. 0.72% of the stock is owned by company insiders.

L3Harris Technologies 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.