L3Harris
About: L3Harris Technologies provides products for the command, control, communications, computers, intelligence, surveillance, and reconnaissance, or C4ISR, market. The firm produces uncrewed aerial vehicles, sensors, and avionics, provides military and commercial training services, and maintains the us Federal Aviation Administration's communications infrastructure. In July 2023, the company acquired Aerojet Rocketdyne, a key supplier of rocket motors to the space and defense industry.
Employees: 50,000
0
Funds holding %
of 6,823 funds
0
Analysts bullish %
of 10 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
46% more first-time investments, than exits
New positions opened: 111 | Existing positions closed: 76
36% more call options, than puts
Call options by funds: $203M | Put options by funds: $149M
9% more funds holding in top 10
Funds holding in top 10: 11 [Q2] → 12 (+1) [Q3]
1% more funds holding
Funds holding: 1,305 [Q2] → 1,320 (+15) [Q3]
7% more repeat investments, than reductions
Existing positions increased: 500 | Existing positions reduced: 467
3% more capital invested
Capital invested by funds: $37.2B [Q2] → $38.4B (+$1.21B) [Q3]
2.13% less ownership
Funds ownership: 87.23% [Q2] → 85.09% (-2.13%) [Q3]
Research analyst outlook
10 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$229
5%
upside
Avg. target
$271
24%
upside
High target
$300
38%
upside
10 analyst ratings
8 positive
80%
2 neutral
20%
0 negative
0%
JP Morgan Seth Seifman 52% 1-year accuracy 16 / 31 met price target | 21%upside $265 | Overweight Maintained | 16 Jan 2025 |
Truist Securities Michael Ciarmoli 78% 1-year accuracy 47 / 60 met price target | 30%upside $283 | Buy Maintained | 14 Jan 2025 |
Bernstein Douglas Harned 50% 1-year accuracy 3 / 6 met price target | 22%upside $267 | Outperform Upgraded | 8 Jan 2025 |
Susquehanna Charles Minervino 39% 1-year accuracy 28 / 71 met price target | 18%upside $258 | Positive Maintained | 8 Jan 2025 |
Barclays David Strauss 61% 1-year accuracy 17 / 28 met price target | 17%upside $255 | Overweight Maintained | 6 Jan 2025 |
Financial journalist opinion
Based on 8 articles about LHX published over the past 30 days
Positive
Seeking Alpha
5 days ago
L3Harris: Now Is The Time To Buy This Dividend Heavyweight
L3Harris Technologies is just weeks away from presumably delivering a 24th consecutive dividend increase to shareholders. The company outperformed analysts' expectations for revenue and non-GAAP diluted EPS in the third quarter. L3Harris is on the verge of reaching its targeted net leverage ratio.
Positive
Seeking Alpha
6 days ago
Trillion-Dollar Shakeup: 3 Dividend Gems I Love In This Market
In today's market, a trillion-dollar shift is reshaping opportunities. As volatility rises, dividend stocks are key to steady, long-term gains. The right dividend stocks can help you thrive, even in turbulent times. They're more than just income — they're powerful portfolio builders. Finding the right dividend gems is critical amid uncertainty. These picks offer solid growth potential, stability, and long-term value for any portfolio.
Positive
Forbes
1 week ago
Aerospace & Defense Stocks To Watch: The Biggest U.S. Contractors
The aerospace and defense industry plays a pivotal role not just in national security but also the stock market. With U.S. defense spending leading the world, the largest contractors are well-positioned for growth amid rising global tensions.
Neutral
Business Wire
2 weeks ago
L3Harris Sets Date for Fourth Quarter 2024 Earnings Release
MELBOURNE, Fla.--(BUSINESS WIRE)--L3Harris Technologies (NYSE: LHX) will release its fourth quarter 2024 financial results before market opens on Thursday, Jan. 30, 2025. The company will then host an earnings call on Thursday, Jan. 30, 2025, at 10:30 a.m. ET. Participants are encouraged to listen via webcast at L3Harris.com. Participants can also choose to dial into the call at 800-549-8228 (U.S.) or +1 289-819-1520 (international) and be directed to an operator. A recording of the call will b.
Neutral
Business Wire
2 weeks ago
L3Harris Completes Sale of Specialized Materials Business to BWXT for Approximately $100 Million
MELBOURNE, Fla.--(BUSINESS WIRE)--L3Harris Technologies (NYSE: LHX) has completed the sale of its specialized materials business, Aerojet Ordnance Tennessee, Inc. (A.O.T.), to BWX Technologies, Inc. (NYSE: BWXT) for approximately $100 million. The deal aligns with L3Harris' multi-year strategy to optimize its portfolio and deliver on commitments to customers and shareholders. A.O.T. is the sole provider of depleted uranium to the U.S. government and produces advanced specialized metal component.
Neutral
Business Wire
2 weeks ago
BWXT Completes Acquisition of L3Harris' A.O.T. Business
JONESBOROUGH, Tenn.--(BUSINESS WIRE)--BWXT Completes Acquisition of L3Harris' A.O.T. Business.
Neutral
The Motley Fool
2 weeks ago
Got $5,000? These 3 Stocks Are Absurdly Cheap Buys Heading Into 2025
The stock market enjoyed a strong year in 2024 as the S&P 500 hit new records. The challenge for investors looking to get into the market amid such a strong bull run, however, is that valuations for some stocks have gotten high, perhaps even wildly overpriced.
Positive
Zacks Investment Research
2 weeks ago
Here's Why L3Harris (LHX) is a Strong Value Stock
Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
Positive
Zacks Investment Research
1 month ago
Buy These 5 3D Printing Stocks to Strengthen Your Portfolio for 2025
Five 3D printing stocks have strong revenues and earnings growth potential for 2025 and solid short-term upside. These are: ADSK, NVDA, GE, LHX, CSR.
Positive
Kiplinger
1 month ago
The Best Industrial Stocks to Buy
Industrial stocks might not be the most exciting positions to own, but they play a vital role in any well-rounded portfolio. Here's how to find the best ones.
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