Manning & Napier Advisors LLC Sells 423,368 Shares of L3Harris Technologies Inc $LHX

Posted by George Bondi on Jul 12th, 2026

Manning & Napier Advisors LLC lowered its position in L3Harris Technologies Inc (NYSE:LHX – Free Report) by 95.3% in the first quarter, Holdings Channel.com reports. The institutional investor owned 20,969 shares of the company’s stock after selling 423,368 shares during the period. Manning & Napier Advisors LLC’s holdings in L3Harris Technologies were worth $7,237,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in LHX. REAP Financial Group LLC raised its position in shares of L3Harris Technologies by 12.9% during the fourth quarter. REAP Financial Group LLC now owns 254 shares of the company’s stock worth $74,000 after purchasing an additional 29 shares during the period. Burns J W & Co. Inc. NY raised its holdings in shares of L3Harris Technologies by 3.1% during the fourth quarter. Burns J W & Co. Inc. NY now owns 987 shares of the company’s stock worth $290,000 after acquiring an additional 30 shares during the period. American National Bank & Trust raised its holdings in shares of L3Harris Technologies by 44.8% during the fourth quarter. American National Bank & Trust now owns 97 shares of the company’s stock worth $28,000 after acquiring an additional 30 shares during the period. CYBER HORNET ETFs LLC lifted its position in L3Harris Technologies by 5.8% in 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. Finally, Turtle Creek Wealth Advisors LLC boosted its stake in L3Harris Technologies by 3.7% in 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. 84.76% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several analysts have issued reports on the company. Weiss Ratings downgraded L3Harris Technologies from a “buy (b)” rating to a “buy (b-)” rating in a research note on Tuesday, June 23rd. Sanford C. Bernstein reduced their price objective on L3Harris Technologies to $405.00 and set an “outperform” rating for the company in a research report on Monday, May 4th. Truist Financial raised L3Harris Technologies to a “strong-buy” rating in a research report on Friday, May 1st. UBS Group cut their target price on L3Harris Technologies from $362.00 to $330.00 and set a “neutral” rating on the stock in a research note on Friday, May 1st. Finally, Wall Street Zen raised L3Harris Technologies from a “hold” rating to a “buy” rating in a research report on Saturday, April 11th. Two investment analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $354.75.

Check Out Our Latest Stock Analysis on LHX

L3Harris Technologies Stock Up 0.4%

Shares of NYSE LHX traded up $1.04 during mid-day trading on Friday, hitting $290.91. The company had a trading volume of 626,453 shares, compared to its average volume of 1,501,537. The company has a current ratio of 1.03, a quick ratio of 0.89 and a debt-to-equity ratio of 0.47. The firm has a 50-day simple moving average of $302.97 and a two-hundred day simple moving average of $329.25. The company has a market capitalization of $54.19 billion, a PE ratio of 31.59, a price-to-earnings-growth ratio of 1.47 and a beta of 0.51. L3Harris Technologies Inc has a one year low of $257.35 and a one year high of $379.23.

L3Harris Technologies (NYSE:LHX – Get Free Report) last issued its quarterly earnings results on Thursday, April 30th. The company reported $2.72 EPS for the quarter, beating the consensus estimate of $2.53 by $0.19. The firm had revenue of $5.74 billion during the quarter, compared to analysts’ expectations of $5.42 billion. L3Harris Technologies had a return on equity of 10.65% and a net margin of 7.71%.The business’s quarterly revenue was up 11.9% compared to the same quarter last year. During the same period 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 analysts expect that L3Harris Technologies Inc will post 11.53 EPS for the current year.

L3Harris Technologies Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Friday, June 5th were given a dividend of $1.25 per share. This represents a $5.00 annualized dividend and a yield of 1.7%. The ex-dividend date of this dividend was Friday, June 5th. L3Harris Technologies’s dividend payout ratio is 54.29%.

Insider Activity

In related news, VP Melanie Rakita sold 2,180 shares of the firm’s stock in a transaction dated Tuesday, May 5th. The shares were sold at an average price of $310.45, for a total value of $676,781.00. Following the completion of the sale, the vice president directly owned 4,192 shares in the company, valued at approximately $1,301,406.40. This trade represents a 34.21% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.68% of the company’s stock.

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.