L3Harris Technologies (NYSE:LHX) Hits New 12-Month High – What’s Next?

L3Harris Technologies Inc (NYSE:LHX) hit a new 52-week high during trading on Tuesday . The company traded as high as $361.73 and last traded at $361.60, with a volume of 617215 shares trading hands. The stock had previously closed at $354.20.

L3Harris Technologies News Roundup

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.

Analyst Ratings Changes

LHX has been the topic of a number of research reports. Vertical Research restated a “buy” rating and issued a $355.00 price objective on shares of L3Harris Technologies in a research note on Tuesday, January 13th. JPMorgan Chase & Co. boosted their price target on shares of L3Harris Technologies from $325.00 to $340.00 and gave the company an “overweight” rating in a research report on Tuesday, November 4th. UBS Group upped their price target on shares of L3Harris Technologies to $323.00 and gave the company a “neutral” rating in a research note on Wednesday, January 14th. Citigroup lifted their price objective on shares of L3Harris Technologies from $331.00 to $389.00 and gave the company a “buy” rating in a research note on Tuesday, January 13th. Finally, Royal Bank Of Canada increased their target price on L3Harris Technologies from $315.00 to $360.00 and gave the stock a “sector perform” rating in a research report on Wednesday, January 14th. Fourteen research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $315.73.

L3Harris Technologies Stock Performance

The company’s fifty day simple moving average is $306.83 and its 200 day simple moving average is $290.80. The stock has a market capitalization of $66.57 billion, a P/E ratio of 38.22, a P/E/G ratio of 2.25 and a beta of 0.66. The company has a current ratio of 1.14, a quick ratio of 0.95 and a debt-to-equity ratio of 0.56.

L3Harris Technologies (NYSE:LHX) last issued its quarterly earnings data on Thursday, January 29th. The company reported $2.86 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.76 by $0.10. L3Harris Technologies had a return on equity of 11.08% and a net margin of 8.09%.The company had revenue of $5.65 billion for the quarter, compared to the consensus estimate of $5.76 billion. During the same quarter last year, the business posted $3.47 earnings per share. The firm’s revenue was up 2.3% compared to the same quarter last year. As a group, sell-side analysts forecast that L3Harris Technologies Inc will post 11.12 earnings per share for the current fiscal year.

L3Harris Technologies Increases Dividend

The business 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 $1.25 dividend. This represents a $5.00 annualized dividend and a dividend yield of 1.4%. This is a positive change from L3Harris Technologies’s previous quarterly dividend of $1.20. The ex-dividend date is Friday, March 6th. L3Harris Technologies’s dividend payout ratio (DPR) is currently 51.56%.

Insiders Place Their Bets

In other L3Harris Technologies news, CEO Christopher E. Kubasik sold 14,171 shares of L3Harris Technologies 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 completion of the sale, the chief executive officer directly owned 144,426 shares in the company, 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 document filed with the SEC, which is available through this hyperlink. 0.72% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On L3Harris Technologies

A number of institutional investors have recently made changes to their positions in LHX. Bank of New York Mellon Corp boosted its position in L3Harris Technologies by 52.3% during the second quarter. Bank of New York Mellon Corp now owns 4,117,030 shares of the company’s stock valued at $1,032,716,000 after buying an additional 1,413,833 shares during the period. AGF Management Ltd. purchased a new stake in L3Harris Technologies during the 2nd quarter valued at about $324,940,000. Victory Capital Management Inc. grew its position in L3Harris Technologies by 1,053.9% during the 3rd quarter. Victory Capital Management Inc. now owns 1,181,900 shares of the company’s stock worth $360,964,000 after acquiring an additional 1,079,474 shares during the last quarter. Boston Partners increased its stake in L3Harris Technologies by 72.1% in the 2nd quarter. Boston Partners now owns 2,002,211 shares of the company’s stock worth $504,160,000 after purchasing an additional 838,546 shares during the period. Finally, Balyasny Asset Management L.P. lifted its position in L3Harris Technologies by 8,284.6% in the second quarter. Balyasny Asset Management L.P. now owns 775,322 shares of the company’s stock valued at $194,482,000 after purchasing an additional 766,075 shares during the last quarter. Hedge funds and other institutional investors own 84.76% 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.