L3Harris Technologies Inc (NYSE:LHX) Receives Average Recommendation of “Moderate Buy” from Analysts

Posted by Stanley Muller on Aug 18th, 2026

Shares of L3Harris Technologies Inc (NYSE:LHX – Get Free Report) have been given an average recommendation of “Moderate Buy” by the fifteen analysts that are covering the firm, Marketbeat reports. Four analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have issued a strong buy rating on the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is $365.00.

Several research analysts have weighed in on the company. Sanford C. Bernstein lowered their price objective on L3Harris Technologies to $405.00 and set an “outperform” rating on the stock in a research report on Monday, May 4th. Truist Financial upgraded shares of L3Harris Technologies to a “strong-buy” rating in a research note on Friday, May 1st. UBS Group reduced their price target on L3Harris Technologies from $312.00 to $298.00 and set a “neutral” rating on the stock in a research report on Monday, August 3rd. BNP Paribas Exane dropped their price objective on L3Harris Technologies from $330.00 to $310.00 and set a “neutral” rating for the company in a report on Thursday, July 30th. Finally, Weiss Ratings downgraded L3Harris Technologies from a “buy (b)” rating to a “buy (b-)” rating in a research report on Tuesday, June 23rd.

View Our Latest Analysis on L3Harris Technologies

L3Harris Technologies Stock Down 4.7%

L3Harris Technologies stock opened at $278.05 on Tuesday. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.18 and a quick ratio of 1.03. The company’s 50-day moving average is $292.38 and its 200-day moving average is $322.68. The firm has a market capitalization of $51.78 billion, a PE ratio of 28.09, a P/E/G ratio of 1.10 and a beta of 0.51. L3Harris Technologies has a fifty-two week low of $262.68 and a fifty-two week high of $379.23.

L3Harris Technologies (NYSE:LHX – Get Free Report) last issued its quarterly earnings data on Wednesday, July 29th. The company reported $3.13 earnings per share for the quarter, beating the consensus estimate of $2.80 by $0.33. L3Harris Technologies had a net margin of 8.17% and a return on equity of 10.96%. The company had revenue of $5.88 billion for the quarter, compared to analyst estimates of $5.81 billion. During the same period in the prior year, the firm earned $2.78 earnings per share. The company’s revenue was up 8.4% on a year-over-year basis. L3Harris Technologies has set its FY 2026 guidance at 11.800-12.000 EPS. Sell-side analysts anticipate that L3Harris Technologies will post 11.88 earnings per share for the current year.

L3Harris Technologies Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 18th. Shareholders of record on Friday, September 4th will be given a dividend of $1.25 per share. This represents a $5.00 annualized dividend and a yield of 1.8%. The ex-dividend date is Friday, September 4th. L3Harris Technologies’s payout ratio is currently 50.51%.

Key Stories Impacting L3Harris Technologies

Here are the key news stories impacting L3Harris Technologies this week:

Positive Sentiment: L3Harris appointed insider Sam Mehta as president and chief executive officer effective immediately. Mehta’s familiarity with the business could help provide continuity and limit disruption while the company manages the transition. L3Harris names insider Sam Mehta CEO as Christopher Kubasik steps down
Positive Sentiment: A new Rhode Island facility is expanding L3Harris’ undersea-defense capabilities, including advanced training systems for U.S. and allied fleets. The investment may support long-term growth in an area benefiting from increased defense demand. Can L3Harris’ New Rhode Island Facility Strengthen Undersea Growth?
Neutral Sentiment: The leadership transition is effective immediately, and additional details about the conduct violation were not disclosed. Investors will likely watch for information on Mehta’s strategic priorities, the board’s governance process and any effect on customer or government relationships. Defense contractor L3Harris ousts CEO Chris Kubasik over unspecified conduct
Negative Sentiment: Kubasik’s departure is particularly sensitive because he previously left Lockheed Martin after acknowledging an improper relationship with a subordinate. The repeat conduct-related controversy may heighten reputational and governance concerns surrounding L3Harris. L3Harris ousts CEO Christopher Kubasik after probe finds he violated code of conduct

Hedge Funds Weigh In On L3Harris Technologies

Institutional investors have recently added to or reduced their stakes in the stock. REAP Financial Group LLC boosted its holdings in shares of L3Harris Technologies by 12.9% during the 4th quarter. REAP Financial Group LLC now owns 254 shares of the company’s stock valued at $74,000 after acquiring an additional 29 shares in the last quarter. CYBER HORNET ETFs LLC boosted its position in L3Harris Technologies by 5.8% during the 4th quarter. CYBER HORNET ETFs LLC now owns 547 shares of the company’s stock worth $161,000 after buying an additional 30 shares during the period. Turtle Creek Wealth Advisors LLC grew its holdings in L3Harris Technologies by 3.7% during the 4th quarter. Turtle Creek Wealth Advisors LLC now owns 862 shares of the company’s stock worth $253,000 after acquiring an additional 31 shares during the last quarter. Keudell Morrison Wealth Management increased its position in L3Harris Technologies by 0.7% in the 1st quarter. Keudell Morrison Wealth Management now owns 4,631 shares of the company’s stock valued at $1,598,000 after acquiring an additional 31 shares during the period. Finally, Prestige Wealth Management Group LLC lifted its holdings in shares of L3Harris Technologies by 25.2% during the fourth quarter. Prestige Wealth Management Group LLC now owns 159 shares of the company’s stock worth $47,000 after purchasing an additional 32 shares during the period. 84.76% of the stock is currently owned by institutional investors and hedge funds.

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.