Saranac Partners Ltd Has $821,000 Stock Position in L3Harris Technologies Inc $LHX

Posted by Geri Gentry on May 20th, 2026

Saranac Partners Ltd reduced its position in shares of L3Harris Technologies Inc (NYSE:LHX – Free Report) by 42.6% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 2,797 shares of the company’s stock after selling 2,075 shares during the period. Saranac Partners Ltd’s holdings in L3Harris Technologies were worth $821,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Larson Financial Group LLC raised its stake in shares of L3Harris Technologies by 53.4% in the fourth quarter. Larson Financial Group LLC now owns 1,577 shares of the company’s stock valued at $463,000 after acquiring an additional 549 shares during the last quarter. ProShare Advisors LLC grew its position in L3Harris Technologies by 8.8% during the 4th quarter. ProShare Advisors LLC now owns 34,429 shares of the company’s stock worth $10,107,000 after acquiring an additional 2,779 shares during the last quarter. HighTower Advisors LLC increased its holdings in L3Harris Technologies by 11.2% during the 4th quarter. HighTower Advisors LLC now owns 39,291 shares of the company’s stock valued at $11,535,000 after purchasing an additional 3,957 shares in the last quarter. Envestnet Portfolio Solutions Inc. increased its holdings in L3Harris Technologies by 3.7% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 37,521 shares of the company’s stock valued at $11,015,000 after purchasing an additional 1,325 shares in the last quarter. Finally, Entrust Financial LLC bought a new position in L3Harris Technologies in the 4th quarter valued at $65,000. 84.76% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, insider Jon Rambeau sold 5,528 shares of L3Harris Technologies stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $370.32, for a total transaction of $2,047,128.96. Following the completion of the sale, the insider owned 7,660 shares in the company, valued at $2,836,651.20. The trade was a 41.92% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Samir Mehta sold 5,528 shares of the business’s stock in a transaction that occurred on Monday, March 2nd. The stock was sold at an average price of $370.32, for a total transaction of $2,047,128.96. Following the sale, the insider directly owned 7,756 shares of the company’s stock, valued at approximately $2,872,201.92. This trade represents a 41.61% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 16,365 shares of company stock valued at $5,861,117. 0.68% of the stock is currently owned by insiders.

L3Harris Technologies Stock Down 1.0%

NYSE LHX opened at $307.95 on Wednesday. The stock has a market capitalization of $57.37 billion, a P/E ratio of 33.44, a price-to-earnings-growth ratio of 1.57 and a beta of 0.51. L3Harris Technologies Inc has a 52 week low of $229.10 and a 52 week high of $379.23. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.89 and a current ratio of 1.03. The stock has a fifty day moving average of $339.90 and a 200-day moving average of $324.93.

L3Harris Technologies (NYSE:LHX – Get Free Report) last issued its quarterly earnings results on Thursday, April 30th. The company reported $2.72 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.53 by $0.19. The business had revenue of $5.74 billion for the quarter, compared to analyst estimates of $5.42 billion. L3Harris Technologies had a return on equity of 10.65% and a net margin of 7.71%.The firm’s revenue for the quarter was up 11.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.41 earnings per share. L3Harris Technologies has set its FY 2026 guidance at 11.400-11.600 EPS. On average, equities research analysts forecast that L3Harris Technologies Inc will post 11.57 EPS for the current year.

L3Harris Technologies Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 26th. Shareholders of record on Friday, June 5th will be given a dividend of $1.25 per share. The ex-dividend date is Friday, June 5th. This represents a $5.00 dividend on an annualized basis and a yield of 1.6%. L3Harris Technologies’s dividend payout ratio is presently 54.29%.

Analyst Upgrades and Downgrades

A number of research firms have commented on LHX. Citigroup boosted their price objective on L3Harris Technologies from $389.00 to $418.00 and gave the stock a “buy” rating in a research note on Thursday, February 5th. Argus raised L3Harris Technologies to a “strong-buy” rating in a report on Friday, February 27th. Sanford C. Bernstein reduced their price target on shares of L3Harris Technologies to $405.00 and set an “outperform” rating on the stock in a research report on Monday, May 4th. Truist Financial raised shares of L3Harris Technologies to a “strong-buy” rating in a report on Friday, May 1st. Finally, Wolfe Research restated an “outperform” rating on shares of L3Harris Technologies in a research report on Friday, January 30th. Two investment analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, L3Harris Technologies currently has a consensus rating of “Moderate Buy” and an average target price of $354.75.

View Our Latest Research Report on LHX

About L3Harris Technologies

(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.