Sit Investment Associates Inc. Has $3.42 Million Stake in L3Harris Technologies Inc $LHX

Posted by Brenda Bartman on Jun 20th, 2026

Sit Investment Associates Inc. decreased its holdings in shares of L3Harris Technologies Inc (NYSE:LHX – Free Report) by 44.8% in the 4th quarter, HoldingsChannel reports. The firm owned 11,645 shares of the company’s stock after selling 9,445 shares during the period. Sit Investment Associates Inc.’s holdings in L3Harris Technologies were worth $3,419,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently made changes to their positions in the company. Fideuram Asset Management Ireland dac bought a new stake in L3Harris Technologies in the 4th quarter valued at $25,000. University of Texas Texas AM Investment Management Co. acquired a new stake in L3Harris Technologies during the fourth quarter worth about $25,000. Motiv8 Investments LLC acquired a new stake in shares of L3Harris Technologies during the 4th quarter worth approximately $25,000. Caitlin John LLC bought a new position in shares of L3Harris Technologies in the 3rd quarter valued at $28,000. Finally, American National Bank & Trust grew its position in L3Harris Technologies by 44.8% in the fourth quarter. American National Bank & Trust now owns 97 shares of the company’s stock valued at $28,000 after acquiring an additional 30 shares during the last quarter. Institutional investors own 84.76% of the company’s stock.

Insider Buying and Selling

In related 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 owned 4,192 shares in the company, valued at $1,301,406.40. This trade represents a 34.21% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available 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 insiders.

L3Harris Technologies Stock Up 0.1%

Shares of NYSE LHX opened at $294.98 on Friday. The business has a 50-day moving average of $317.53 and a 200-day moving average of $328.08. The firm has a market capitalization of $54.95 billion, a price-to-earnings ratio of 32.03, a PEG ratio of 1.49 and a beta of 0.50. L3Harris Technologies Inc has a 12 month low of $243.84 and a 12 month high of $379.23. The company has a current ratio of 1.03, a quick ratio of 0.89 and a debt-to-equity ratio of 0.47.

L3Harris Technologies (NYSE:LHX – Get Free Report) last posted its quarterly earnings data on Thursday, April 30th. The company reported $2.72 earnings per share for the quarter, beating the consensus estimate of $2.53 by $0.19. L3Harris Technologies had a net margin of 7.71% and a return on equity of 10.65%. The firm had revenue of $5.74 billion for the quarter, compared to analysts’ expectations of $5.42 billion. During the same quarter last year, the company posted $2.41 EPS. The business’s quarterly revenue was up 11.9% on a year-over-year basis. L3Harris Technologies has set its FY 2026 guidance at 11.400-11.600 EPS. Sell-side analysts expect that L3Harris Technologies Inc will post 11.52 earnings per share for the current fiscal year.

L3Harris Technologies Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 26th. Shareholders of record on Friday, June 5th will be paid a dividend of $1.25 per share. The ex-dividend date of this dividend is Friday, June 5th. This represents a $5.00 annualized dividend and a dividend yield of 1.7%. L3Harris Technologies’s dividend payout ratio (DPR) is 54.29%.

Analysts Set New Price Targets

A number of research firms have commented on LHX. Weiss Ratings upgraded shares of L3Harris Technologies from a “buy (b-)” rating to a “buy (b)” rating in a report on Wednesday, May 13th. 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 note on Friday, May 1st. Wall Street Zen upgraded shares of L3Harris Technologies from a “hold” rating to a “buy” rating in a research report on Saturday, April 11th. Truist Financial raised L3Harris Technologies to a “strong-buy” rating in a report on Friday, May 1st. Finally, Sanford C. Bernstein reduced their target price on shares of L3Harris Technologies to $405.00 and set an “outperform” rating for the company in a research note on Monday, May 4th. Two analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $354.75.

Get Our Latest Research Report on LHX

L3Harris Technologies Company Profile

(Free Report)

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.