L3Harris
About: L3Harris Technologies provides products primarily 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 used in the space industry and to propel munitions.
Employees: 47,000
0
Funds holding %
of 7,139 funds
0
Analysts bullish %
of 13 analysts
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
52% more first-time investments, than exits
New positions opened: 160 | Existing positions closed: 105
15% more call options, than puts
Call options by funds: $106M | Put options by funds: $91.8M
8% more repeat investments, than reductions
Existing positions increased: 504 | Existing positions reduced: 465
0.99% more ownership
Funds ownership: 85.1% [Q3] → 86.09% (+0.99%) [Q4]
0% less funds holding
Funds holding: 1,325 [Q3] → 1,323 (-2) [Q4]
9% less capital invested
Capital invested by funds: $38.4B [Q3] → $34.9B (-$3.49B) [Q4]
42% less funds holding in top 10
Funds holding in top 10: 12 [Q3] → 7 (-5) [Q4]
Research analyst outlook
13 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$229
15%
upside
Avg. target
$262
31%
upside
High target
$300
51%
upside
13 analyst ratings
9 positive
69%
4 neutral
31%
0 negative
0%
Citigroup Jason Gursky 36% 1-year accuracy 14 / 39 met price target | 43%upside $285 | Buy Maintained | 10 Feb 2025 |
Morgan Stanley Kristine Liwag 67% 1-year accuracy 12 / 18 met price target | 26%upside $250 | Equal-Weight Maintained | 4 Feb 2025 |
B of A Securities Ronald Epstein 56% 1-year accuracy 18 / 32 met price target | 33%upside $265 | Buy Maintained | 4 Feb 2025 |
UBS Myles Walton 20% 1-year accuracy 1 / 5 met price target | 19%upside $237 | Neutral Maintained | 31 Jan 2025 |
JP Morgan Seth Seifman 36% 1-year accuracy 13 / 36 met price target | 28%upside $255 | Overweight Maintained | 31 Jan 2025 |
Financial journalist opinion
Based on 25 articles about LHX published over the past 30 days
Positive
Reuters
1 day ago
L3Harris pushes ahead on Arkansas rocket motor factories
L3Harris Technologies said on Thursday it has begun constructing four solid rocket motor production facilities at its Camden site, as demand for missiles accelerates amid escalating geopolitical tensions.
Neutral
Business Wire
1 day ago
L3Harris Breaks Ground on Solid Rocket Motor ‘Factories of the Future' in Arkansas
CAMDEN, Ark.--(BUSINESS WIRE)--L3Harris Technologies (NYSE: LHX) marked the beginning of construction on four new solid rocket motor production facilities at the company's Camden site, hosting Department of Defense officials, industry customers and state and local dignitaries at a ceremony today. The expansion is part of a $215.6 million cooperative agreement between the Defense Department's Defense Production Act Title III program and L3Harris to increase domestic rocket propulsion manufacturi.
Neutral
Seeking Alpha
1 day ago
L3Harris Technologies, Inc. (LHX) Presents at Barclays 42nd Annual Industrial Select Conference (Transcript)
L3Harris Technologies, Inc. (NYSE:LHX ) Barclays 42nd Annual Industrial Select Conference February 20, 2025 8:30 AM ET Company Participants Ken Bedingfield - Senior Vice President & Chief Financial Officer Chris Kubasik - Chair & Chief Executive Officer Conference Call Participants David Strauss - Barclays David Strauss Next up we have, L3Harris, LHX, Chris Kubasik, Chair and CEO; and Ken Bedingfield, CFO. So I'll turn it over to Ken for Safe Harbor, forward-looking statements.
Positive
Seeking Alpha
1 day ago
L3Harris Technologies: Back In The Buy Zone Amid DOGE Woes (Rating Upgrade)
L3Harris Technologies delivered solid results for 2024 with adjusted EPS of $13.10 and revenue growth of 10% year-over-year. Still, LHX shares are down 25% from their 52-week-high. In this update, I share my view on LHX's 2024 results, with a focus on its ongoing restructuring program. As L3Harris filed its 2024 10-K report last week, I will also provide an update on leverage and upcoming maturities.
Negative
Barrons
3 days ago
European Defense Stocks Gain as Trump Tanks Shares of U.S. Rivals
“NATO is dead,” wrote Vertical Research Partners analyst in a Tuesday report summarizing recent news for his clients.
Positive
Seeking Alpha
4 days ago
Dividend Investors, Pay Attention: One Of The Best Dividend Opportunity I've Seen In Years
A rare dividend opportunity has emerged, offering a mix of strong yield, growth, and resilience. I believe this setup is too good to ignore. Market conditions, valuation, and long-term fundamentals align to create a compelling case. This isn't just about yield - it's about lasting wealth creation. I'm positioning myself accordingly, confident in the risk-reward. These picks stand out as some of the best opportunities I've seen in years.
Neutral
CNBC Television
1 week ago
Defense cuts wouldn't be a net negative for defense stocks, says TD Cowen's Roman Schweizer
CNBC's Eamon Javers and TD Cowen's Roman Schweizer, join 'The Exchange' to discuss Trump's comments on halving defense spending and the impact it could have on defense stocks.
Positive
Seeking Alpha
1 week ago
All-In: The 23-Stock Six-Figure Dividend Portfolio I'm Betting My Future On
Thank you to the Seeking Alpha community for your support! Reaching 40,000 followers is a dream come true. Your feedback fuels my work. I've invested 91% of my net worth in 23 high-conviction dividend stocks. Focused on wide-moat businesses, I prioritize quality and long-term growth over yield. My portfolio has outperformed the S&P 500, and I'm confident in its future. I expect a rotation to value stocks, and I'll keep sharing insights to grow together.
Neutral
Business Wire
1 week ago
L3Harris to Present at Upcoming Investor Conference
MELBOURNE, Fla.--(BUSINESS WIRE)--L3Harris Technologies (NYSE: LHX) Chair and CEO Christopher E. Kubasik and Chief Financial Officer and Aerojet Rocketdyne President Ken Bedingfield will present at Barclays 42nd Annual Industrial Conference at 8:05 a.m. ET on Thursday, Feb. 20, in Miami. The livestream will be accessible via the L3Harris website, and a recording will be available following the event. About L3Harris Technologies L3Harris Technologies is the Trusted Disruptor in the defense indus.
Positive
The Motley Fool
1 week ago
3 Dividend-Paying Defense Stocks to Buy in February That Yield More Than the S&P 500
The defense industry provides a range of products for national security, from aviation and aircraft to missiles, helicopters, information technology, ships, space defense, and more. Unlike most of the industrial sector, defense stocks tend to be steady performers thanks to their sales cycle, which relies on government contracts and projects with multi-year timelines.
Charts implemented using Lightweight Charts™