L3Harris Technologies (NYSE:LHX) Updates FY 2026 Earnings Guidance

L3Harris Technologies (NYSE:LHX) issued an update on its FY 2026 earnings guidance on Friday morning. The company provided earnings per share (EPS) guidance of 11.300-11.500 for the period, compared to the consensus estimate of 11.350. The company issued revenue guidance of $23.0 billion-$23.5 billion, compared to the consensus revenue estimate of $22.5 billion.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on LHX. Weiss Ratings raised shares of L3Harris Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, December 29th. Royal Bank Of Canada increased their price objective on shares of L3Harris Technologies from $360.00 to $365.00 and gave the company a “sector perform” rating in a research report on Friday. Wolfe Research restated an “outperform” rating on shares of L3Harris Technologies in a report on Friday. Citigroup upped their price objective on L3Harris Technologies from $331.00 to $389.00 and gave the company a “buy” rating in a research report on Tuesday, January 13th. Finally, Morgan Stanley lifted their price objective on shares of L3Harris Technologies from $250.00 to $350.00 and gave the stock an “equal weight” rating in a research note on Wednesday, October 15th. Fifteen research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $316.07.

L3Harris Technologies Stock Performance

Shares of L3Harris Technologies stock opened at $342.50 on Friday. The company has a quick ratio of 0.95, a current ratio of 1.19 and a debt-to-equity ratio of 0.53. The stock’s fifty day moving average is $308.13 and its two-hundred day moving average is $291.36. L3Harris Technologies has a 52 week low of $193.09 and a 52 week high of $369.59. The company has a market capitalization of $64.06 billion, a PE ratio of 40.15, a price-to-earnings-growth ratio of 2.42 and a beta of 0.66.

L3Harris Technologies (NYSE:LHX) last released 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 during the quarter, compared to the consensus estimate of $5.76 billion. L3Harris Technologies had a return on equity of 10.43% and a net margin of 7.35%.The business’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. As a group, analysts expect that L3Harris Technologies will post 11.12 earnings per share for the current year.

L3Harris Technologies Increases Dividend

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

Insider Activity at L3Harris Technologies

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

Key Headlines Impacting 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

Hedge Funds Weigh In On L3Harris Technologies

Several institutional investors have recently bought and sold shares of the business. Brighton Jones LLC lifted its holdings in L3Harris Technologies by 233.9% during the fourth quarter. Brighton Jones LLC now owns 4,284 shares of the company’s stock worth $901,000 after buying an additional 3,001 shares during the period. Jump Financial LLC raised its position in shares of L3Harris Technologies by 14.9% in the 2nd quarter. Jump Financial LLC now owns 2,995 shares of the company’s stock worth $751,000 after acquiring an additional 388 shares in the last quarter. NewEdge Advisors LLC lifted its stake in shares of L3Harris Technologies by 14.2% during the 2nd quarter. NewEdge Advisors LLC now owns 17,082 shares of the company’s stock worth $4,285,000 after purchasing an additional 2,130 shares during the last quarter. Nebula Research & Development LLC purchased a new stake in shares of L3Harris Technologies during the 2nd quarter worth $856,000. Finally, CIBC Asset Management Inc boosted its position in L3Harris Technologies by 116.2% during the second quarter. CIBC Asset Management Inc now owns 61,988 shares of the company’s stock valued at $15,549,000 after purchasing an additional 33,321 shares in the last quarter. 84.76% of the stock is owned by hedge funds and other institutional investors.

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.