L3Harris Technologies Inc $LHX Stock Bought by Retirement Systems of Alabama

Posted by Francis Steltz on Nov 11th, 2026

Retirement Systems of Alabama grew its position in L3Harris Technologies Inc (NYSE:LHX – Free Report) by 21.3% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 166,790 shares of the company’s stock after acquiring an additional 29,252 shares during the period. Retirement Systems of Alabama owned about 0.09% of L3Harris Technologies worth $39,493,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of the company. Miller Global Investments LLC grew its position in shares of L3Harris Technologies by 34.0% during the 2nd quarter. Miller Global Investments LLC now owns 138 shares of the company’s stock valued at $40,000 after acquiring an additional 35 shares during the period. AlTi Global Inc. raised its holdings in L3Harris Technologies by 4.3% in the 1st quarter. AlTi Global Inc. now owns 923 shares of the company’s stock worth $319,000 after purchasing an additional 38 shares during the period. Twin Lakes Capital Management LLC boosted its position in L3Harris Technologies by 0.3% during the second quarter. Twin Lakes Capital Management LLC now owns 14,195 shares of the company’s stock worth $4,125,000 after purchasing an additional 38 shares in the last quarter. Center for Financial Planning Inc. boosted its position in L3Harris Technologies by 18.8% during the third quarter. Center for Financial Planning Inc. now owns 246 shares of the company’s stock worth $58,000 after purchasing an additional 39 shares in the last quarter. Finally, Signature Equity Partners LLC boosted its position in L3Harris Technologies by 2.3% during the first quarter. Signature Equity Partners LLC now owns 1,863 shares of the company’s stock worth $643,000 after purchasing an additional 41 shares in the last quarter. Institutional investors and hedge funds own 84.76% of the company’s stock.

Analyst Ratings Changes

Several analysts have commented on LHX shares. Wall Street Zen raised L3Harris Technologies from a “hold” rating to a “buy” rating in a report on Sunday, November 1st. Citigroup started coverage on L3Harris Technologies in a research note on Monday. They set a “buy” rating and a $348.00 target price for the company. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of L3Harris Technologies in a research report on Tuesday, August 18th. Argus cut shares of L3Harris Technologies from a “buy” rating to a “hold” rating in a research note on Friday, September 25th. Finally, Susquehanna cut their price target on shares of L3Harris Technologies from $410.00 to $350.00 and set a “positive” rating for the company in a report on Friday, July 31st. Two equities research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and eight have issued a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $340.93.

Check Out Our Latest Stock Analysis on LHX

L3Harris Technologies Price Performance

Shares of L3Harris Technologies stock opened at $276.28 on Wednesday. The business has a 50 day simple moving average of $250.52 and a two-hundred day simple moving average of $302.40. L3Harris Technologies Inc has a 12 month low of $232.34 and a 12 month high of $379.23. The stock has a market capitalization of $51.44 billion, a P/E ratio of 25.77, a PEG ratio of 1.66 and a beta of 0.47. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.20 and a quick ratio of 1.05.

L3Harris Technologies (NYSE:LHX – Get Free Report) last released its earnings results on Thursday, October 29th. The company reported $3.28 earnings per share for the quarter, beating the consensus estimate of $2.95 by $0.33. L3Harris Technologies had a return on equity of 11.49% and a net margin of 8.76%. The business had revenue of $6.07 billion for the quarter, compared to the consensus estimate of $5.92 billion. During the same quarter last year, the business posted $2.70 earnings per share. The business’s quarterly revenue was up 7.1% compared to the same quarter last year. As a group, analysts predict that L3Harris Technologies Inc will post 12.10 EPS for the current fiscal year.

L3Harris Technologies Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 18th. Shareholders of record on Friday, December 4th will be paid a dividend of $1.25 per share. This represents a $5.00 annualized dividend and a yield of 1.8%. The ex-dividend date of this dividend is Friday, December 4th. L3Harris Technologies’s payout ratio is 46.64%.

About L3Harris Technologies

(Free Report)

L3Harris Technologies is a defense and aerospace company that develops technology and systems for government and commercial customers. Its offerings include tactical communications, intelligence and surveillance systems, sensors, electronic warfare capabilities, space systems, and aviation technologies. The company also provides propulsion and related systems for defense and space applications through Aerojet Rocketdyne, which it acquired in 2023. Its products and services support missions including military communications, situational awareness, space operations, and national security.