Varma Mutual Pension Insurance Co Acquires Shares of 48,900 L3Harris Technologies Inc $LHX

Posted by Francis Steltz on Aug 24th, 2026

Varma Mutual Pension Insurance Co bought a new position in L3Harris Technologies Inc (NYSE:LHX – Free Report) during the second quarter, Holdings Channel.com reports. The fund bought 48,900 shares of the company’s stock, valued at approximately $14,210,000.

A number of other institutional investors have also modified their holdings of LHX. Allstate Corp lifted its stake in L3Harris Technologies by 106.7% in the fourth quarter. Allstate Corp now owns 13,985 shares of the company’s stock worth $4,106,000 after acquiring an additional 7,219 shares during the period. Swiss National Bank lifted its position in L3Harris Technologies by 7.1% during the first quarter. Swiss National Bank now owns 549,029 shares of the company’s stock valued at $189,497,000 after acquiring an additional 36,320 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of L3Harris Technologies by 23.0% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 221,141 shares of the company’s stock valued at $64,920,000 after purchasing an additional 41,414 shares during the last quarter. Atria Investments Inc boosted its holdings in L3Harris Technologies by 77.9% in the fourth quarter. Atria Investments Inc now owns 14,800 shares of the company’s stock worth $4,345,000 after acquiring an additional 6,482 shares in the last quarter. Finally, Goldman Sachs Group Inc. boosted its stake in L3Harris Technologies by 6.5% in the 4th quarter. Goldman Sachs Group Inc. now owns 1,810,186 shares of the company’s stock worth $531,416,000 after purchasing an additional 110,423 shares in the last quarter. 84.76% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of analysts have commented on LHX shares. BNP Paribas Exane lowered their price target on L3Harris Technologies from $330.00 to $310.00 and set a “neutral” rating for the company in a research report on Thursday, July 30th. Susquehanna decreased their target price 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. Sanford C. Bernstein lowered their price target on shares of L3Harris Technologies to $405.00 and set an “outperform” rating on the stock in a report on Monday, May 4th. Truist Financial upgraded shares of L3Harris Technologies to a “strong-buy” rating in a research report on Friday, May 1st. Finally, Weiss Ratings cut shares of L3Harris Technologies from a “buy (b)” rating to a “buy (b-)” rating in a report on Tuesday, June 23rd. Two investment analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $365.00.

Get Our Latest Stock Report on LHX

L3Harris Technologies Stock Up 0.1%

NYSE LHX opened at $267.03 on Monday. The business’s fifty day simple moving average is $289.65 and its 200-day simple moving average is $320.54. The company has a quick ratio of 1.03, a current ratio of 1.18 and a debt-to-equity ratio of 0.46. The firm has a market cap of $49.72 billion, a PE ratio of 26.97, a P/E/G ratio of 1.16 and a beta of 0.51. L3Harris Technologies Inc has a 52 week low of $262.68 and a 52 week high of $379.23.

L3Harris Technologies (NYSE:LHX – Get Free Report) last released its quarterly earnings data on Wednesday, July 29th. The company reported $3.13 EPS for the quarter, beating analysts’ consensus estimates of $2.80 by $0.33. The firm had revenue of $5.88 billion for the quarter, compared to analysts’ expectations of $5.81 billion. L3Harris Technologies had a return on equity of 10.96% and a net margin of 8.17%.The firm’s quarterly revenue was up 8.4% on a year-over-year basis. During the same period in the prior year, the firm posted $2.78 earnings per share. L3Harris Technologies has set its FY 2026 guidance at 11.800-12.000 EPS. As a group, equities analysts anticipate that L3Harris Technologies Inc will post 11.88 earnings per share for the current year.

L3Harris Technologies Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, September 18th. Investors of record on Friday, September 4th will be issued 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 (DPR) is 50.51%.

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.