L3Harris Technologies (NYSE:LHX – Get Free Report) issued an update on its FY 2026 earnings guidance on Friday morning. The company provided earnings per share guidance of 11.300-11.500 for the period, compared to the consensus earnings per share estimate of 11.350. The company issued revenue guidance of $23.0 billion-$23.5 billion, compared to the consensus revenue estimate of $22.5 billion.
L3Harris Technologies Price Performance
Shares of LHX stock traded down $15.09 during mid-day trading on Friday, hitting $340.93. The company had a trading volume of 748,101 shares, compared to its average volume of 1,835,297. L3Harris Technologies has a 52-week low of $193.09 and a 52-week high of $369.59. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.14 and a quick ratio of 0.95. The stock’s 50 day moving average price is $306.83 and its 200-day moving average price is $290.80. The company has a market capitalization of $63.77 billion, a P/E ratio of 36.65, a P/E/G ratio of 2.25 and a beta of 0.66.
L3Harris Technologies (NYSE:LHX – Get Free Report) last issued its quarterly earnings results on Thursday, January 29th. The company reported $2.86 EPS for the quarter, beating the consensus estimate of $2.76 by $0.10. L3Harris Technologies had a net margin of 8.09% and a return on equity of 11.08%. The company had revenue of $5.65 billion for the quarter, compared to the consensus estimate of $5.76 billion. During the same period in the prior year, the firm posted $3.47 EPS. The firm’s revenue was up 2.3% compared to the same quarter last year. Equities research analysts forecast that L3Harris Technologies will post 11.12 earnings per share for the current year.
L3Harris Technologies Increases Dividend
Wall Street Analyst Weigh In
LHX has been the subject of several research reports. JPMorgan Chase & Co. boosted their price target on L3Harris Technologies from $325.00 to $340.00 and gave the stock an “overweight” rating in a research report on Tuesday, November 4th. Vertical Research restated a “buy” rating and issued a $355.00 target price on shares of L3Harris Technologies in a research report on Tuesday, January 13th. Citigroup increased their price objective on shares of L3Harris Technologies from $331.00 to $389.00 and gave the stock a “buy” rating in a research report on Tuesday, January 13th. Susquehanna reaffirmed a “positive” rating on shares of L3Harris Technologies in a research report on Thursday, January 15th. Finally, BNP Paribas Exane raised shares of L3Harris Technologies to a “hold” rating in a research report on Tuesday, November 18th. Fifteen equities 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.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $316.07.
Read Our Latest Research Report on L3Harris Technologies
Insider Buying and Selling at L3Harris Technologies
In other L3Harris Technologies news, CEO Christopher E. Kubasik sold 14,171 shares of the stock in a transaction on Thursday, November 13th. The stock was sold at an average price of $301.05, for a total value of $4,266,179.55. Following the sale, the chief executive officer directly owned 144,426 shares of the company’s stock, valued at $43,479,447.30. This trade represents a 8.94% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.72% of the stock is currently owned by corporate insiders.
Trending Headlines about L3Harris Technologies
Here are the key news stories impacting L3Harris Technologies this week:
- Positive Sentiment: Company issued 2026 revenue guidance of $23.0B–$23.5B, above consensus of about $22.5B — signals stronger top‑line growth outlook and management confidence. Read More.
- Positive Sentiment: Q4 EPS of $2.86 beat consensus $2.76, showing margin resilience despite revenue pressure. Read More.
- Positive Sentiment: Strong full‑year metrics: record backlog, $27.5B orders, 1.3x book‑to‑bill, and robust operating cash flow/adjusted FCF — supports longer‑term earnings visibility. Read More.
- Neutral Sentiment: EPS guidance of $11.30–$11.50 versus consensus ~11.35 is roughly in line — reduces surprise risk but lacks a clear upside catalyst on EPS. (Company guidance entry)
- Neutral Sentiment: Management is pursuing a Missile Solutions IPO (value‑unlock strategy) — potentially positive long term but introduces execution/timing uncertainty. Read More.
- Negative Sentiment: Q4 revenue of $5.65B missed expectations (~$5.76B); company cited a prolonged U.S. government shutdown that delayed contract awards — creates near‑term cash/revenue timing risk. Read More.
- Negative Sentiment: Shares slid on what some outlets call a disappointing near‑term outlook and shutdown impact, and Q4 EPS declined year‑over‑year (from $3.47 a year ago) — investors reacting to mixed signals. Read More.
Institutional Inflows and Outflows
Hedge funds have recently bought and sold shares of the company. Brighton Jones LLC boosted its holdings in shares of L3Harris Technologies by 233.9% during the 4th quarter. Brighton Jones LLC now owns 4,284 shares of the company’s stock worth $901,000 after buying an additional 3,001 shares during the period. Scotia Capital Inc. grew its position in shares of L3Harris Technologies by 14.4% in the third quarter. Scotia Capital Inc. now owns 2,221 shares of the company’s stock valued at $678,000 after purchasing an additional 279 shares during the last quarter. Mairs & Power Inc. bought a new position in shares of L3Harris Technologies in the third quarter worth about $321,000. Main Street Financial Solutions LLC lifted its position in shares of L3Harris Technologies by 3.6% during the 2nd quarter. Main Street Financial Solutions LLC now owns 1,393 shares of the company’s stock worth $349,000 after purchasing an additional 49 shares during the last quarter. Finally, Lighthouse Investment Partners LLC acquired a new stake in L3Harris Technologies in the 2nd quarter valued at approximately $627,000. 84.76% of the stock is owned by institutional investors and hedge funds.
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.
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