B. Metzler seel. Sohn & Co. AG Takes $1.15 Million Position in L3Harris Technologies Inc $LHX

Key Points

• B. Metzler seel. Sohn & Co. AG acquired a new stake of 3,904 shares in L3Harris (NYSE: LHX), valued at approximately $1.15 million in the fourth quarter per its 13F filing.
• L3Harris closed a $1 billion strategic investment from the Department of War into its Missile Solutions business to expand facilities, R&D and production capacity, strengthening backlog and cash support for growth.
• The company declared a quarterly dividend of $1.25 per share (annualized $5.00, yield ≈1.6%), payable June 26 with an ex-dividend and record date of June 5.

B. Metzler seel. Sohn & Co. AG acquired a new stake in L3Harris Technologies Inc (NYSE:LHX - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 3,904 shares of the company's stock, valued at approximately $1,146,000.

Several other large investors also recently made changes to their positions in the stock. Burns J W & Co. Inc. NY boosted its holdings in shares of L3Harris Technologies by 3.1% in the 4th quarter. Burns J W & Co. Inc. NY now owns 987 shares of the company's stock valued at $290,000 after buying an additional 30 shares during the last quarter. American National Bank & Trust boosted its holdings in shares of L3Harris Technologies by 44.8% in the 4th quarter. American National Bank & Trust now owns 97 shares of the company's stock valued at $28,000 after buying an additional 30 shares during the last quarter. Rainier Family Wealth Inc. boosted its holdings in shares of L3Harris Technologies by 4.8% in the 4th quarter. Rainier Family Wealth Inc. now owns 700 shares of the company's stock valued at $205,000 after buying an additional 32 shares during the last quarter. San Luis Wealth Advisors LLC boosted its holdings in shares of L3Harris Technologies by 5.1% in the 4th quarter. San Luis Wealth Advisors LLC now owns 705 shares of the company's stock valued at $207,000 after buying an additional 34 shares during the last quarter. Finally, Wealth Quarterback LLC boosted its holdings in shares of L3Harris Technologies by 1.8% in the 4th quarter. Wealth Quarterback LLC now owns 2,011 shares of the company's stock valued at $590,000 after buying an additional 35 shares during the last quarter. Institutional investors and hedge funds own 84.76% of the company's stock.

L3Harris Technologies Stock Down 0.0%

LHX opened at $317.38 on Monday. L3Harris Technologies Inc has a 1-year low of $214.10 and a 1-year high of $379.23. The stock's fifty day simple moving average is $354.48 and its 200 day simple moving average is $322.99. The company has a current ratio of 1.19, a quick ratio of 1.02 and a debt-to-equity ratio of 0.53. The stock has a market cap of $59.28 billion, a PE ratio of 37.21, a price-to-earnings-growth ratio of 1.60 and a beta of 0.62.

L3Harris Technologies (NYSE:LHX - Get Free Report) last posted its quarterly earnings results on Thursday, January 29th. The company reported $2.86 earnings per share for the quarter, beating analysts' consensus estimates of $2.76 by $0.10. The business had revenue of $5.65 billion for the quarter, compared to analysts' expectations of $5.76 billion. L3Harris Technologies had a return on equity of 10.43% and a net margin of 7.35%.The firm's revenue for the quarter was up 2.3% on a year-over-year basis. During the same quarter in the prior year, the business earned $3.47 EPS. As a group, research analysts expect that L3Harris Technologies Inc will post 11.53 earnings per share for the current year.

L3Harris Technologies Announces Dividend

The company also recently disclosed 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 annualized dividend and a yield of 1.6%. L3Harris Technologies's dividend payout ratio (DPR) is presently 58.62%.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on LHX shares. Argus upgraded L3Harris Technologies to a "strong-buy" rating in a research note on Friday, February 27th. Morgan Stanley increased their price target on L3Harris Technologies from $367.00 to $390.00 and gave the company an "overweight" rating in a research note on Monday, February 2nd. Wolfe Research restated an "outperform" rating on shares of L3Harris Technologies in a research note on Friday, January 30th. Vertical Research restated a "buy" rating and issued a $355.00 price target on shares of L3Harris Technologies in a research note on Tuesday, January 13th. Finally, Sanford C. Bernstein restated an "outperform" rating on shares of L3Harris Technologies in a research note on Friday, February 6th. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and four have given a Hold rating to the company. According to MarketBeat, L3Harris Technologies has a consensus rating of "Moderate Buy" and a consensus target price of $349.55.

Trending Headlines about L3Harris Technologies

Here are the key news stories impacting L3Harris Technologies this week:

• Positive Sentiment: L3Harris closed a $1 billion strategic investment from the Department of War into its Missile Solutions business to expand facilities, R&D and production capacity — a material, high-quality win that strengthens backlog and cash support for growth. L3Harris Closes $1B Investment from Department of War in Missile Solutions Business
• Positive Sentiment: Short interest fell sharply in April (down ~15.9% to ~2.55M shares; short-interest ratio ~2.3 days and ~1.4% of float), reducing a source of downside pressure and suggesting fewer bearish bets against the stock.
• Positive Sentiment: The board declared a quarterly cash dividend of $1.25 per share (payable June 26; ex-dividend/record June 5) — a sign of capital return and income support for shareholders (annualized yield ≈1.5%). L3Harris Announces Quarterly Dividend
• Positive Sentiment: L3Harris plans an F‑35 sustainment depot in Quebec as Ottawa reviews fighter orders — another program-level win that could expand long-term sustainment revenue, though it depends on government procurement outcomes. L3Harris to establish F-35 sustainment depot in Quebec as Ottawa reviews fighter jets order
• Neutral Sentiment: Analyst previews expect LHX to post EPS growth and possibly beat next week, reflecting demand strength across communications and missile systems, which supports medium-term expectations. L3Harris (LHX) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
• Neutral Sentiment: NYSE market notices and premarket coverage are running today (general market context rather than LHX-specific catalysts). NYSE Content Update: NYSE to Host 'Ring the Bell for Financial Literacy'
• Negative Sentiment: Outlook risk: Zacks notes that late-quarter production ramps could limit immediate revenue upside even if demand is solid — a timing/operational issue that can pressure near-term results and sentiment. L3Harris Technologies to Post Q1 Earnings: Here's What's in the Cards

Insiders Place Their Bets

In other L3Harris Technologies news, VP Melanie Rakita sold 2,378 shares of the stock in a transaction on Thursday, February 26th. The stock was sold at an average price of $341.45, for a total transaction of $811,968.10. Following the transaction, the vice president owned 4,882 shares in the company, valued at $1,666,958.90. This trade represents a 32.75% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Jon Rambeau sold 5,528 shares of the stock in a transaction on Monday, March 2nd. The stock was sold at an average price of $370.32, for a total value of $2,047,128.96. Following the transaction, 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 disclosure for this sale is available in the SEC filing. Insiders have sold 19,025 shares of company stock worth $6,824,370 in the last 90 days. Company insiders own 0.68% of the company's stock.

About L3Harris Technologies

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.

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