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

L3Harris Technologies (NYSE:LHX) issued an update on its FY 2026 earnings guidance on Wednesday. The company provided EPS guidance of 11.800-12.000 for the period, compared to the consensus earnings per share estimate of 11.670. The company issued revenue guidance of $23.2 billion-$23.7 billion, compared to the consensus revenue estimate of $23.5 billion.

Wall Street Analyst Weigh In

LHX has been the topic of several recent research reports. Susquehanna lowered their price objective on L3Harris Technologies from $410.00 to $350.00 and set a “positive” rating on the stock in a research report on Friday. Wall Street Zen upgraded L3Harris Technologies from a “hold” rating to a “buy” rating in a research report on Saturday, April 11th. Sanford C. Bernstein cut their price objective on L3Harris Technologies to $405.00 and set an “outperform” rating for the company in a research report on Monday, May 4th. Truist Financial raised shares of L3Harris Technologies to a “strong-buy” rating in a research note on Friday, May 1st. Finally, BNP Paribas Exane reduced their price objective on shares of L3Harris Technologies from $330.00 to $310.00 and set a “neutral” rating for the company in a research report on Thursday. Two equities research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $368.20.

L3Harris Technologies Trading Up 0.5%

Shares of NYSE LHX traded up $1.27 during midday trading on Friday, reaching $273.17. 348,635 shares of the stock were exchanged, compared to its average volume of 1,457,963. L3Harris Technologies has a twelve month low of $262.68 and a twelve month high of $379.23. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.89 and a current ratio of 1.03. The company has a 50 day simple moving average of $298.23 and a 200 day simple moving average of $327.94. The stock has a market capitalization of $50.89 billion, a P/E ratio of 27.56, a PEG ratio of 1.51 and a beta of 0.51.

L3Harris Technologies (NYSE:LHX) last posted its quarterly earnings results on Wednesday, July 29th. The company reported $3.13 EPS for the quarter, topping the consensus estimate of $2.80 by $0.33. L3Harris Technologies had a net margin of 8.17% and a return on equity of 11.00%. The business had revenue of $5.88 billion during the quarter, compared to the consensus estimate of $5.81 billion. During the same quarter in the previous year, the firm posted $2.78 earnings per share. The company’s quarterly revenue was up 8.4% compared to the same quarter last year. L3Harris Technologies has set its FY 2026 guidance at 11.800-12.000 EPS. As a group, equities analysts expect that L3Harris Technologies will post 11.54 earnings per share for the current year.

L3Harris Technologies Announces Dividend

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

Insider Buying and Selling

In other L3Harris Technologies news, VP Melanie Rakita sold 2,180 shares of L3Harris Technologies stock in a transaction on Tuesday, May 5th. The shares were sold at an average price of $310.45, for a total value of $676,781.00. Following the transaction, the vice president directly owned 4,192 shares in the company, valued at approximately $1,301,406.40. The trade was a 34.21% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.68% of the stock is currently owned by company insiders.

L3Harris Technologies News Summary

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

• Positive Sentiment: Strong Q2 performance and raised guidance: L3Harris reported adjusted earnings of $3.13 per share versus the $2.80 consensus, while revenue of approximately $5.9 billion rose 8% year over year and exceeded estimates. The company raised its 2026 EPS outlook to $11.80–$12.00 and revenue guidance to $23.2–$23.7 billion. L3Harris Technologies Reports Robust Second Quarter 2026 Results
• Positive Sentiment: Record backlog supports future revenue: Orders reached $7.3 billion, producing a 1.2x book-to-bill ratio and lifting backlog to a record $42 billion. Operating margin expanded to 11.1%, while operating and free cash flow increased 37%, reinforcing the outlook for sustained defense demand. L3Harris’ Record Backlog Makes Its Stock Sell-Off Look Overdone
• Positive Sentiment: Susquehanna remains bullish: The firm lowered its target from $410 to $350 but retained a “positive” rating, implying substantial upside from current levels. Susquehanna price-target update
• Neutral Sentiment: Missile-solutions IPO paused: L3Harris said it is postponing the planned IPO because management believes the market is undervaluing the business. The decision could preserve value but removes a potential near-term catalyst and highlights valuation concerns. L3Harris Pauses IPO of Missile Solutions Business
• Negative Sentiment: Analyst targets were cut: BNP Paribas Exane reduced its target from $330 to $310 and kept a “neutral” rating. The reductions, along with LHX reaching a new 52-week low after a downgrade, appear to be weighing on sentiment even though analysts still see upside. BNP Paribas Exane price-target update

Institutional Trading of L3Harris Technologies

Several large investors have recently bought and sold shares of the company. Motiv8 Investments LLC purchased a new stake in shares of L3Harris Technologies in the 4th quarter worth about $25,000. University of Texas Texas AM Investment Management Co. purchased a new position in shares of L3Harris Technologies during the 4th quarter worth $25,000. JPL Wealth Management LLC purchased a new stake in shares of L3Harris Technologies in the third quarter valued at $29,000. Triumph Capital Management purchased a new position in L3Harris Technologies during the third quarter worth about $31,000. Finally, Rakuten Securities Inc. boosted its stake in L3Harris Technologies by 234.8% in the 2nd quarter. Rakuten Securities Inc. now owns 154 shares of the company’s stock worth $39,000 after buying an additional 108 shares during the last quarter. Institutional investors and hedge funds 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.