L3Harris Technologies (NYSE:LHX) Releases Quarterly Earnings Results

Posted by Geri Gentry on Jul 29th, 2026

L3Harris Technologies (NYSE:LHX – Get Free Report) announced its quarterly earnings data on Wednesday. The company reported $3.13 EPS for the quarter, beating analysts’ consensus estimates of $2.80 by $0.33, Zacks reports. L3Harris Technologies had a return on equity of 10.65% and a net margin of 7.71%. L3Harris Technologies updated its FY 2026 guidance to 11.800-12.000 EPS.

L3Harris Technologies Stock Down 2.8%

NYSE:LHX traded down $8.47 during trading hours on Wednesday, hitting $296.73. 1,268,355 shares of the company’s stock traded hands, compared to its average volume of 1,446,577. The stock’s fifty day moving average price is $299.16 and its two-hundred day moving average price is $328.59. The firm has a market cap of $55.28 billion, a P/E ratio of 32.22, a P/E/G ratio of 1.54 and a beta of 0.51. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.89 and a current ratio of 1.03. L3Harris Technologies has a twelve month low of $267.25 and a twelve month high of $379.23.

L3Harris Technologies Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 18th. Stockholders of record on Friday, September 4th will be issued a dividend of $1.25 per share. The ex-dividend date is Friday, September 4th. This represents a $5.00 dividend on an annualized basis and a dividend yield of 1.7%. L3Harris Technologies’s payout ratio is currently 54.29%.

Analysts Set New Price Targets

Several equities research analysts have recently commented on LHX shares. Truist Financial raised L3Harris Technologies to a “strong-buy” rating in a report on Friday, May 1st. Sanford C. Bernstein cut their price objective on L3Harris Technologies to $405.00 and set an “outperform” rating on the stock in a report on Monday, May 4th. Wall Street Zen raised shares of L3Harris Technologies from a “hold” rating to a “buy” rating in a research note on Saturday, April 11th. Weiss Ratings cut shares of L3Harris Technologies from a “buy (b)” rating to a “buy (b-)” rating in a report on Tuesday, June 23rd. Finally, UBS Group dropped their target price on shares of 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 investment analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $368.00.

Read Our Latest Research Report on LHX

Insider Buying and Selling

In other L3Harris Technologies news, VP Melanie Rakita sold 2,180 shares of the firm’s stock in a transaction dated Tuesday, May 5th. The stock was sold at an average price of $310.45, for a total transaction of $676,781.00. Following the completion of the sale, the vice president directly owned 4,192 shares in the company, valued at approximately $1,301,406.40. This trade represents a 34.21% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.68% of the company’s stock.

Institutional Trading of L3Harris Technologies

A number of hedge funds have recently made changes to their positions in the stock. University of Texas Texas AM Investment Management Co. acquired a new stake in shares of L3Harris Technologies during the 4th quarter valued at $25,000. Motiv8 Investments LLC purchased a new stake in shares of L3Harris Technologies during the fourth quarter worth $25,000. JPL Wealth Management LLC acquired a new stake in L3Harris Technologies during the third quarter valued at $29,000. Triumph Capital Management acquired a new position in L3Harris Technologies in the 3rd quarter worth about $31,000. Finally, Rakuten Securities Inc. increased its position in L3Harris Technologies by 234.8% in the 2nd quarter. Rakuten Securities Inc. now owns 154 shares of the company’s stock worth $39,000 after purchasing an additional 108 shares during the last quarter. 84.76% of the stock is owned by hedge funds and other institutional investors.

L3Harris Technologies Company Profile

(Get 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.