OMERS ADMINISTRATION Corp Makes New $677,000 Investment in L3Harris Technologies Inc $LHX

OMERS ADMINISTRATION Corp acquired a new stake in L3Harris Technologies Inc (NYSE:LHX) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 1,961 shares of the company’s stock, valued at approximately $677,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Fideuram Asset Management Ireland dac purchased a new position in L3Harris Technologies in the fourth quarter valued at approximately $25,000. University of Texas Texas AM Investment Management Co. purchased a new stake in shares of L3Harris Technologies during the 4th quarter worth approximately $25,000. Motiv8 Investments LLC purchased a new stake in shares of L3Harris Technologies during the 4th quarter worth approximately $25,000. 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 in the last quarter. Finally, Cedar Mountain Advisors LLC grew its position in shares of L3Harris Technologies by 1,233.3% in the 1st quarter. Cedar Mountain Advisors LLC now owns 80 shares of the company’s stock valued at $28,000 after buying an additional 74 shares during the last quarter. Institutional investors and hedge funds own 84.76% of the company’s stock.

Insider Buying and Selling

In other L3Harris Technologies news, VP Melanie Rakita sold 2,180 shares of the stock in a transaction that occurred on Tuesday, May 5th. The stock was sold at an average price of $310.45, for a total transaction of $676,781.00. Following the completion of the sale, the vice president directly owned 4,192 shares of the company’s stock, valued at approximately $1,301,406.40. This trade represents a 34.21% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.68% of the stock is currently owned by corporate insiders.

L3Harris Technologies Stock Down 8.5%

Shares of NYSE:LHX opened at $272.28 on Friday. L3Harris Technologies Inc has a 1-year low of $262.68 and a 1-year high of $379.23. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.03 and a quick ratio of 0.89. The stock has a market cap of $50.72 billion, a P/E ratio of 27.50, a P/E/G ratio of 1.51 and a beta of 0.51. The firm has a fifty day moving average price of $298.23 and a 200 day moving average price of $327.94.

L3Harris Technologies (NYSE:LHX) last posted its quarterly earnings data on Wednesday, July 29th. The company reported $3.13 EPS for the quarter, beating analysts’ consensus estimates of $2.80 by $0.33. L3Harris Technologies had a net margin of 8.17% and a return on equity of 11.00%. The company had revenue of $5.88 billion for the quarter, compared to analyst estimates of $5.81 billion. During the same period in the previous year, the business posted $2.78 earnings per share. L3Harris Technologies’s quarterly revenue was up 8.4% on a year-over-year basis. L3Harris Technologies has set its FY 2026 guidance at 11.800-12.000 EPS. Sell-side analysts predict that L3Harris Technologies Inc will post 11.54 EPS for the current year.

L3Harris Technologies Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, September 18th. Investors of record on Friday, September 4th will be given a $1.25 dividend. This represents a $5.00 annualized dividend and a yield of 1.8%. The ex-dividend date is Friday, September 4th. L3Harris Technologies’s payout ratio is 50.51%.

L3Harris Technologies News Roundup

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

• Positive Sentiment: Q2 results exceeded expectations: L3Harris reported adjusted EPS of $3.13 versus the $2.80 consensus and revenue of approximately $5.88 billion versus $5.81 billion expected. Revenue increased 8.4% year over year, while EPS rose from $2.78 a year earlier. L3Harris Q2 Earnings and Revenues Beat Estimates, 2026 Outlook Raised
• Positive Sentiment: Demand and cash flow were strong: Orders reached $7.3 billion, producing a 1.2x book-to-bill ratio and a record $42 billion backlog. Operating cash flow rose 37% to $879 million and free cash flow increased 37% to $771 million, supported by broad-based growth and strong weapons demand. L3Harris Technologies Reports Robust Second Quarter 2026 Results
• Positive Sentiment: Full-year guidance was raised: L3Harris now expects fiscal 2026 adjusted EPS of $11.80–$12.00, above the prior outlook and analyst consensus, with revenue guidance of $23.2–$23.7 billion. Operating margin also improved year over year. L3Harris Raises Guidance on Higher Profit, Revenue
• Neutral Sentiment: Missile-solutions IPO paused: Management reportedly suspended plans to take the missile-solutions business public, saying current market conditions undervalue the asset. The move preserves strategic flexibility but removes a potential near-term value-unlocking catalyst. L3Harris Pauses IPO Of Missile Solutions Business, Says Market Undervalues
• Negative Sentiment: Analyst caution added pressure: BNP Paribas Exane lowered its price target from $330 to $310 and maintained a neutral rating. Although the revised target implies upside, the downgrade signals that the strong earnings report may already be reflected in the valuation. BNP Paribas Exane L3Harris Price Target Update

Wall Street Analysts Forecast Growth

LHX has been the topic of several research analyst reports. Sanford C. Bernstein cut their price target on shares of L3Harris Technologies to $405.00 and set an “outperform” rating on the stock in a research note on Monday, May 4th. Weiss Ratings lowered L3Harris Technologies from a “buy (b)” rating to a “buy (b-)” rating in a report on Tuesday, June 23rd. UBS Group cut their target price on L3Harris Technologies from $362.00 to $330.00 and set a “neutral” rating on the stock in a research report on Friday, May 1st. Wall Street Zen raised L3Harris Technologies from a “hold” rating to a “buy” rating in a research report on Saturday, April 11th. Finally, BNP Paribas Exane dropped their price target on L3Harris Technologies from $330.00 to $310.00 and set a “neutral” rating on the stock in a research note on Thursday. Two analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $370.22.

L3Harris Technologies Company 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.