L3Harris Technologies (NYSE:LHX) Stock Gets Price Target Reduction from TD Cowen

Posted by George Bondi on Oct 12th, 2026

L3Harris Technologies (NYSE:LHX – Free Report) had its price objective trimmed by TD Cowen from $370.00 to $280.00 in a report released on Friday morning,Benzinga reports. The brokerage currently has a buy rating on the stock.

A number of other equities research analysts have also issued reports on LHX. UBS Group reduced their price target on L3Harris Technologies from $312.00 to $298.00 and set a “neutral” rating on the stock in a research report on Monday, August 3rd. Weiss Ratings downgraded L3Harris Technologies from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Thursday, September 10th. BNP Paribas Exane cut their target price 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. Sanford C. Bernstein reduced their target price on shares of L3Harris Technologies from $365.00 to $346.00 and set an “outperform” rating on the stock in a report on Wednesday, September 23rd. Finally, Jefferies Financial Group cut shares of L3Harris Technologies from a “buy” rating to a “hold” rating and set a $315.00 target price on the stock. in a report on Wednesday, August 26th. Two equities research analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating and eight have issued a Hold rating to the stock. According to data from MarketBeat.com, L3Harris Technologies presently has an average rating of “Moderate Buy” and an average target price of $350.08.

Check Out Our Latest Report on LHX

L3Harris Technologies Stock Up 0.0%

Shares of NYSE LHX opened at $237.08 on Friday. The stock has a market cap of $44.15 billion, a P/E ratio of 23.95, a PEG ratio of 1.51 and a beta of 0.50. The business’s fifty day simple moving average is $258.76 and its 200-day simple moving average is $294.08. L3Harris Technologies has a 12-month low of $232.34 and a 12-month 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 released 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 return on equity of 10.96% and a net margin of 8.17%. The firm had revenue of $5.88 billion during the quarter, compared to analysts’ expectations of $5.81 billion. During the same period in the previous year, the firm posted $2.78 EPS. L3Harris Technologies’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. As a group, equities analysts predict that L3Harris Technologies will post 11.91 EPS for the current fiscal year.

L3Harris Technologies Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, September 18th. Investors of record on Friday, September 4th were issued a $1.25 dividend. This represents a $5.00 annualized dividend and a yield of 2.1%. The ex-dividend date of this dividend was Friday, September 4th. L3Harris Technologies’s dividend payout ratio is 50.51%.

Institutional Trading of L3Harris Technologies

A number of hedge funds and other institutional investors have recently bought and sold shares of LHX. GK Wealth Management LLC purchased a new position in shares of L3Harris Technologies during the third quarter worth about $41,000. Bullock Wealth Management Group increased its position in L3Harris Technologies by 1.7% in the 3rd quarter. Bullock Wealth Management Group now owns 3,613 shares of the company’s stock valued at $861,000 after acquiring an additional 62 shares during the period. Wedmont Private Capital increased its position in L3Harris Technologies by 15.6% in the 3rd quarter. Wedmont Private Capital now owns 2,050 shares of the company’s stock valued at $486,000 after acquiring an additional 276 shares during the period. Werlinich Asset Management LLC increased its position in L3Harris Technologies by 41.2% in the 3rd quarter. Werlinich Asset Management LLC now owns 2,697 shares of the company’s stock valued at $639,000 after acquiring an additional 787 shares during the period. Finally, Hummer Financial Advisory Services Inc raised its stake in L3Harris Technologies by 23.0% during the 3rd quarter. Hummer Financial Advisory Services Inc now owns 1,365 shares of the company’s stock valued at $323,000 after acquiring an additional 255 shares during the last quarter. 84.76% of the stock is currently owned by institutional investors and hedge funds.

L3Harris Technologies Company Profile

(Get Free Report)

L3Harris Technologies, Inc is an aerospace and defense technology company that develops mission-critical systems, products and services for government and commercial customers. Its offerings support communications, intelligence, surveillance and reconnaissance, electronic warfare, missile defense, space operations, aviation and other national security missions.

The company provides tactical radios and secure communications systems, satellite and space payloads, avionics, night-vision and electro-optical systems, sensors, command-and-control solutions, and aircraft and mission systems.