Osterweis Capital Management Inc. Cuts Stake in L3Harris Technologies Inc $LHX

Posted by Brian Himes on Aug 25th, 2026

Osterweis Capital Management Inc. lessened its stake in shares of L3Harris Technologies Inc (NYSE:LHX – Free Report) by 75.2% in the 2nd quarter, Holdings Channel reports. The firm owned 22,267 shares of the company’s stock after selling 67,601 shares during the period. Osterweis Capital Management Inc.’s holdings in L3Harris Technologies were worth $6,471,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Cedar Mountain Advisors LLC raised its holdings in shares of L3Harris Technologies by 1,233.3% during the first quarter. Cedar Mountain Advisors LLC now owns 80 shares of the company’s stock valued at $28,000 after acquiring an additional 74 shares during the last quarter. University of Texas Texas AM Investment Management Co. acquired a new stake in shares of L3Harris Technologies in the fourth quarter worth approximately $25,000. Tower View Wealth Management LLC acquired a new stake in shares of L3Harris Technologies in the first quarter worth approximately $29,000. Fideuram Asset Management Ireland dac purchased a new stake in shares of L3Harris Technologies during the fourth quarter worth approximately $25,000. Finally, Motiv8 Investments LLC purchased a new stake in shares of L3Harris Technologies during the fourth quarter worth approximately $25,000. 84.76% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of brokerages have weighed in on LHX. UBS Group decreased their price objective on L3Harris Technologies from $312.00 to $298.00 and set a “neutral” rating on the stock in a report on Monday, August 3rd. 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 report on Monday, May 4th. BNP Paribas Exane decreased their price target on shares of L3Harris Technologies from $330.00 to $310.00 and set a “neutral” rating on the stock in a research note on Thursday, July 30th. Truist Financial upgraded shares of L3Harris Technologies to a “strong-buy” rating in a research report on Friday, May 1st. Finally, Susquehanna dropped their price objective on shares of L3Harris Technologies from $410.00 to $350.00 and set a “positive” rating for the company in a research note on Friday, July 31st. Two research 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 stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $365.00.

Check Out Our Latest Report on L3Harris Technologies

L3Harris Technologies Stock Performance

NYSE:LHX opened at $262.78 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 firm has a market capitalization of $48.93 billion, a price-to-earnings ratio of 26.54, a PEG ratio of 1.16 and a beta of 0.51. The company’s 50-day moving average is $288.82 and its two-hundred day moving average is $319.91. L3Harris Technologies Inc has a 1-year low of $261.55 and a 1-year high of $379.23.

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

L3Harris Technologies Dividend Announcement

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

L3Harris Technologies 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.