Public Employees Retirement System of Ohio Decreases Position in L3Harris Technologies Inc $LHX

Posted by Brenda Bartman on Jul 25th, 2026

Public Employees Retirement System of Ohio lowered its stake in L3Harris Technologies Inc (NYSE:LHX – Free Report) by 2.1% in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 88,116 shares of the company’s stock after selling 1,920 shares during the quarter. Public Employees Retirement System of Ohio’s holdings in L3Harris Technologies were worth $30,413,000 as of its most recent filing with the SEC.

Several other hedge funds have also modified their holdings of the stock. Compound Planning Inc. grew its position in L3Harris Technologies by 10.5% in the first quarter. Compound Planning Inc. now owns 8,095 shares of the company’s stock valued at $2,794,000 after acquiring an additional 766 shares in the last quarter. Modern Wealth Management LLC raised its stake in shares of L3Harris Technologies by 4.3% during the first quarter. Modern Wealth Management LLC now owns 1,397 shares of the company’s stock valued at $495,000 after purchasing an additional 58 shares during the period. Keebeck Wealth Management lifted its position in shares of L3Harris Technologies by 18.2% during the first quarter. Keebeck Wealth Management now owns 1,653 shares of the company’s stock worth $571,000 after purchasing an additional 254 shares in the last quarter. Bank of Nova Scotia lifted its position in shares of L3Harris Technologies by 3.9% during the first quarter. Bank of Nova Scotia now owns 31,868 shares of the company’s stock worth $10,999,000 after purchasing an additional 1,198 shares in the last quarter. Finally, Sei Investments Co. boosted its stake in shares of L3Harris Technologies by 11.3% in the first quarter. Sei Investments Co. now owns 666,545 shares of the company’s stock valued at $230,064,000 after purchasing an additional 67,464 shares during the period. 84.76% of the stock is currently owned by hedge funds and other institutional investors.

L3Harris Technologies Stock Performance

L3Harris Technologies stock opened at $300.08 on Friday. L3Harris Technologies Inc has a 52 week low of $262.98 and a 52 week 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. The stock has a market cap of $55.90 billion, a P/E ratio of 32.58, a price-to-earnings-growth ratio of 1.52 and a beta of 0.51. The stock has a 50 day moving average of $299.36 and a 200-day moving average of $328.58.

L3Harris Technologies (NYSE:LHX – Get Free Report) last issued its quarterly earnings results on Thursday, April 30th. The company reported $2.72 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.53 by $0.19. The business had revenue of $5.74 billion during the quarter, compared to analyst estimates of $5.42 billion. L3Harris Technologies had a net margin of 7.71% and a return on equity of 10.65%. The business’s revenue was up 11.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.41 earnings per share. L3Harris Technologies has set its FY 2026 guidance at 11.400-11.600 EPS. On average, analysts expect that L3Harris Technologies Inc will post 11.54 EPS for the current fiscal year.

L3Harris Technologies Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 18th. Shareholders of record on Friday, September 4th will be issued a dividend of $1.25 per share. This represents a $5.00 annualized dividend and a yield of 1.7%. The ex-dividend date of this dividend is Friday, September 4th. L3Harris Technologies’s dividend payout ratio (DPR) is currently 54.29%.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on LHX shares. Truist Financial raised shares of L3Harris Technologies to a “strong-buy” rating in a report on Friday, May 1st. Sanford C. Bernstein cut their price objective on shares of L3Harris Technologies to $405.00 and set an “outperform” rating on the stock in a report on Monday, May 4th. Weiss Ratings cut shares of L3Harris Technologies from a “buy (b)” rating to a “buy (b-)” rating in a research report on Tuesday, June 23rd. Wall Street Zen upgraded L3Harris Technologies from a “hold” rating to a “buy” rating in a research note on Saturday, April 11th. Finally, UBS Group dropped their target price on L3Harris Technologies from $362.00 to $330.00 and set a “neutral” rating on the stock in a research report on Friday, May 1st. Two research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $361.70.

Check Out Our Latest Report on LHX

Insider Buying and Selling at L3Harris Technologies

In other news, VP Melanie Rakita sold 2,180 shares of the business’s stock in a transaction dated Tuesday, May 5th. The shares were sold at an average price of $310.45, for a total value of $676,781.00. Following the completion of the sale, the vice president owned 4,192 shares of the company’s stock, valued at approximately $1,301,406.40. The trade was a 34.21% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.68% of the company’s stock.

About L3Harris Technologies

(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.