L3Harris Technologies (NYSE:LHX) Hits New 1-Year Low – Time to Sell?

Posted by Brian Himes on Aug 24th, 2026

L3Harris Technologies Inc (NYSE:LHX – Get Free Report) shares reached a new 52-week low during mid-day trading on Monday . The company traded as low as $261.62 and last traded at $263.4290, with a volume of 304749 shares changing hands. The stock had previously closed at $266.73.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the company. Susquehanna reduced their target price on L3Harris Technologies from $410.00 to $350.00 and set a “positive” rating for the company in a research note on Friday, July 31st. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of L3Harris Technologies in a research report on Tuesday, August 18th. Truist Financial raised shares of L3Harris Technologies to a “strong-buy” rating in a report on Friday, May 1st. Sanford C. Bernstein decreased their target price on L3Harris Technologies to $405.00 and set an “outperform” rating for the company in a research note on Monday, May 4th. Finally, UBS Group dropped 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. Two research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat, L3Harris Technologies presently has an average rating of “Moderate Buy” and an average price target of $365.00.

Read Our Latest Analysis on LHX

L3Harris Technologies Stock Performance

The firm has a market cap of $48.88 billion, a price-to-earnings ratio of 26.52, a PEG ratio of 1.16 and a beta of 0.51. The stock’s fifty day moving average is $289.65 and its two-hundred day moving average is $320.54. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.03 and a current ratio of 1.18.

L3Harris Technologies (NYSE:LHX – Get Free Report) last posted its earnings results on Wednesday, July 29th. The company reported $3.13 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.80 by $0.33. L3Harris Technologies had a net margin of 8.17% and a return on equity of 10.96%. The firm had revenue of $5.88 billion during the quarter, compared to analyst estimates of $5.81 billion. During the same period in the previous year, the business posted $2.78 EPS. L3Harris Technologies’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. On average, analysts expect that L3Harris Technologies Inc will post 11.88 earnings per share for the current fiscal year.

L3Harris Technologies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 18th. Stockholders of record on Friday, September 4th will be given a dividend of $1.25 per share. The ex-dividend date is Friday, September 4th. This represents a $5.00 annualized dividend and a dividend yield of 1.9%. L3Harris Technologies’s payout ratio is currently 50.51%.

Institutional Trading of L3Harris Technologies

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