Mirae Asset Global Investments Co. Ltd. Acquires 3,532 Shares of L3Harris Technologies Inc $LHX

Mirae Asset Global Investments Co. Ltd. increased its holdings in L3Harris Technologies Inc (NYSE:LHX) by 13.2% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 30,223 shares of the company’s stock after purchasing an additional 3,532 shares during the period. Mirae Asset Global Investments Co. Ltd.’s holdings in L3Harris Technologies were worth $9,230,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the stock. Cyndeo Wealth Partners LLC increased its holdings in shares of L3Harris Technologies by 2.7% during the 2nd quarter. Cyndeo Wealth Partners LLC now owns 1,396 shares of the company’s stock valued at $350,000 after acquiring an additional 37 shares during the last quarter. Twin Lakes Capital Management LLC boosted its position in L3Harris Technologies by 0.3% during the third quarter. Twin Lakes Capital Management LLC now owns 14,340 shares of the company’s stock worth $4,380,000 after purchasing an additional 38 shares during the period. Fidelis Capital Partners LLC grew its holdings in L3Harris Technologies by 2.2% during the second quarter. Fidelis Capital Partners LLC now owns 1,781 shares of the company’s stock valued at $493,000 after purchasing an additional 39 shares during the last quarter. Patrick M Sweeney & Associates Inc. raised its position in shares of L3Harris Technologies by 3.8% in the second quarter. Patrick M Sweeney & Associates Inc. now owns 1,095 shares of the company’s stock valued at $280,000 after purchasing an additional 40 shares during the period. Finally, Deseret Mutual Benefit Administrators lifted its stake in shares of L3Harris Technologies by 3.9% in the third quarter. Deseret Mutual Benefit Administrators now owns 1,085 shares of the company’s stock worth $331,000 after buying an additional 41 shares during the last quarter. 84.76% of the stock is currently owned by institutional investors.

Insider Activity at L3Harris Technologies

In other news, CEO Christopher E. Kubasik sold 14,171 shares of L3Harris Technologies stock in a transaction dated 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 sale, the chief executive officer directly owned 144,426 shares in the company, valued at approximately $43,479,447.30. The trade was a 8.94% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.72% of the company’s stock.

Wall Street Analysts Forecast Growth

LHX has been the topic of several recent analyst reports. JPMorgan Chase & Co. lifted their target price on shares of L3Harris Technologies from $325.00 to $340.00 and gave the stock an “overweight” rating in a report on Tuesday, November 4th. Susquehanna reiterated a “positive” rating on shares of L3Harris Technologies in a research note on Thursday, January 15th. UBS Group boosted their price objective on L3Harris Technologies to $323.00 and gave the stock a “neutral” rating in a research report on Wednesday, January 14th. Morgan Stanley raised their target price on L3Harris Technologies from $250.00 to $350.00 and gave the company an “equal weight” rating in a report on Wednesday, October 15th. Finally, Wolfe Research reiterated an “outperform” rating on shares of L3Harris Technologies in a report on Friday. Fifteen research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $316.07.

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

L3Harris Technologies Trading Down 3.8%

Shares of LHX opened at $342.50 on Friday. The stock’s 50-day moving average price is $308.13 and its 200 day moving average price is $291.57. 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 firm has a market capitalization of $64.06 billion, a price-to-earnings ratio of 40.15, a P/E/G ratio of 2.42 and a beta of 0.66. L3Harris Technologies Inc has a 12-month low of $193.09 and a 12-month high of $369.59.

L3Harris Technologies (NYSE:LHX) last announced its quarterly earnings data on Thursday, January 29th. The company reported $2.86 EPS 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 return on equity of 10.43% and a net margin of 7.35%.The company’s quarterly revenue was up 2.3% on a year-over-year basis. During the same quarter last year, the company earned $3.47 EPS. As a group, research analysts predict that L3Harris Technologies Inc will post 11.12 earnings per share for the current year.

L3Harris Technologies Increases Dividend

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

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.