L3Harris Technologies (NYSE:LHX) Raised to “Strong-Buy” at Guggenheim

Posted by Brenda Bartman on Sep 17th, 2026

L3Harris Technologies (NYSE:LHX – Get Free Report) was upgraded by equities researchers at Guggenheim to a “strong-buy” rating in a report issued on Monday, Zacks reports.

A number of other equities analysts also recently issued reports on the company. Weiss Ratings downgraded L3Harris Technologies from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Thursday, September 10th. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of L3Harris Technologies in a report on Tuesday, August 18th. Susquehanna cut their target price on L3Harris Technologies from $410.00 to $350.00 and set a “positive” rating on the stock in a research report on Friday, July 31st. Jefferies Financial Group downgraded L3Harris Technologies from a “buy” rating to a “hold” rating and set a $315.00 price target for the company. in a report on Wednesday, August 26th. Finally, Melius Research lowered L3Harris Technologies from a “buy” rating to a “hold” rating in a research report on Tuesday, September 8th. Three analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $360.83.

View Our Latest Stock Report on L3Harris Technologies

L3Harris Technologies Stock Up 0.5%

L3Harris Technologies stock opened at $250.99 on Monday. The firm has a market capitalization of $46.74 billion, a price-to-earnings ratio of 25.35, a price-to-earnings-growth ratio of 1.59 and a beta of 0.50. The firm’s fifty day moving average price is $275.63 and its two-hundred day moving average price is $308.99. L3Harris Technologies has a 1-year low of $244.76 and a 1-year high of $379.23. The company has a current ratio of 1.18, a quick ratio of 1.03 and a debt-to-equity ratio of 0.46.

L3Harris Technologies (NYSE:LHX – Get Free Report) last posted its earnings results on Wednesday, July 29th. The company reported $3.13 EPS for the quarter, topping 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 during the quarter, compared to the consensus estimate of $5.81 billion. During the same period in the previous year, the firm posted $2.78 earnings per share. The firm’s revenue for the quarter 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, equities research analysts predict that L3Harris Technologies will post 11.88 earnings per share for the current fiscal year.

Hedge Funds Weigh In On L3Harris Technologies

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Allstate Corp lifted its position in L3Harris Technologies by 106.7% during the 4th quarter. Allstate Corp now owns 13,985 shares of the company’s stock valued at $4,106,000 after acquiring an additional 7,219 shares during the period. Meeder Advisory Services Inc. purchased a new stake in L3Harris Technologies in the second quarter worth about $1,397,000. Swiss National Bank grew its holdings in L3Harris Technologies by 7.1% in the first quarter. Swiss National Bank now owns 549,029 shares of the company’s stock worth $189,497,000 after purchasing an additional 36,320 shares during the period. Goldman Sachs Group Inc. increased its stake in shares of L3Harris Technologies by 6.5% during the fourth quarter. Goldman Sachs Group Inc. now owns 1,810,186 shares of the company’s stock valued at $531,416,000 after purchasing an additional 110,423 shares in the last quarter. Finally, Bank of America Corp DE increased its stake in shares of L3Harris Technologies by 22.3% during the first quarter. Bank of America Corp DE now owns 1,917,732 shares of the company’s stock valued at $661,905,000 after purchasing an additional 350,313 shares in the last quarter. Hedge funds and other institutional investors own 84.76% of the company’s stock.

L3Harris Technologies Company Profile

(Get Free Report)

L3Harris Technologies, Inc is a global aerospace and defense technology company that develops products and systems for government and commercial customers. Its offerings support communications, intelligence, surveillance and reconnaissance, electronic warfare, space operations, missile defense, and other mission-critical applications.

The company provides tactical radios and networking equipment, secure communications systems, sensors, avionics, electronic warfare solutions, space payloads and platforms, and related command-and-control technologies.