Caisse Des Depots ET Consignations Invests $1.62 Million in L3Harris Technologies Inc $LHX

Key Points

• Caisse Des Depots et Consignations opened a new Q4 position in L3Harris, purchasing 5,515 shares valued at about $1.62 million, while institutional investors now own roughly 84.76% of the company.
• L3Harris beat Q1 expectations (EPS $2.72 vs. $2.53; revenue $5.74B, +11.9% YoY), raised FY‑2026 EPS guidance to $11.40–$11.60, reported strong missile demand with orders of $7.8B and a record backlog of ~$40.7B, and has confidentially filed a draft S‑1 for a potential Missile Solutions IPO.

Caisse Des Depots ET Consignations acquired a new position in shares of L3Harris Technologies Inc (NYSE:LHX - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 5,515 shares of the company's stock, valued at approximately $1,619,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in LHX. Vanguard Group Inc. raised its stake in L3Harris Technologies by 0.8% in the 4th quarter. Vanguard Group Inc. now owns 23,410,806 shares of the company's stock valued at $6,872,710,000 after acquiring an additional 190,955 shares during the period. Bank of America Corp DE raised its stake in L3Harris Technologies by 3.1% in the 2nd quarter. Bank of America Corp DE now owns 1,728,519 shares of the company's stock valued at $433,582,000 after acquiring an additional 52,776 shares during the period. Capital Research Global Investors raised its stake in L3Harris Technologies by 23.3% in the 3rd quarter. Capital Research Global Investors now owns 1,657,085 shares of the company's stock valued at $506,090,000 after acquiring an additional 312,846 shares during the period. AGF Management Ltd. increased its holdings in shares of L3Harris Technologies by 15.9% in the third quarter. AGF Management Ltd. now owns 1,500,887 shares of the company's stock valued at $458,386,000 after purchasing an additional 205,479 shares during the last quarter. Finally, Dimensional Fund Advisors LP increased its holdings in shares of L3Harris Technologies by 2.6% in the third quarter. Dimensional Fund Advisors LP now owns 1,440,599 shares of the company's stock valued at $439,920,000 after purchasing an additional 35,951 shares during the last quarter. Institutional investors own 84.76% of the company's stock.

L3Harris Technologies Stock Performance

Shares of NYSE LHX opened at $313.58 on Friday. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.03 and a quick ratio of 1.02. The stock's fifty day moving average price is $352.19 and its two-hundred day moving average price is $323.34. L3Harris Technologies Inc has a one year low of $214.10 and a one year high of $379.23. The firm has a market cap of $58.57 billion, a price-to-earnings ratio of 36.76, a P/E/G ratio of 1.62 and a beta of 0.51.

L3Harris Technologies (NYSE:LHX - Get Free Report) last issued its quarterly earnings data on Thursday, April 30th. The company reported $2.72 EPS for the quarter, beating analysts' consensus estimates of $2.53 by $0.19. L3Harris Technologies had a return on equity of 10.65% and a net margin of 7.71%.The firm had revenue of $5.74 billion for the quarter, compared to analyst estimates of $5.42 billion. During the same period in the prior year, the firm posted $2.41 EPS. The company's revenue for the quarter was up 11.9% on a year-over-year basis. L3Harris Technologies has set its FY 2026 guidance at 11.400-11.600 EPS. On average, equities analysts forecast that L3Harris Technologies Inc will post 11.53 EPS for the current year.

L3Harris Technologies Dividend Announcement

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 issued a $1.25 dividend. This represents a $5.00 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date of this dividend is Friday, June 5th. L3Harris Technologies's dividend payout ratio is currently 58.62%.

Insider Buying and Selling at L3Harris Technologies

In other L3Harris Technologies news, VP Melanie Rakita sold 2,378 shares of the company's stock in a transaction on Thursday, February 26th. The stock was sold at an average price of $341.45, for a total value of $811,968.10. Following the transaction, the vice president directly owned 4,882 shares of the company's stock, valued at $1,666,958.90. This represents a 32.75% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, insider Jon Rambeau sold 5,528 shares of the company's stock in a transaction on Monday, March 2nd. The shares were sold at an average price of $370.32, for a total value of $2,047,128.96. Following the completion of the transaction, the insider directly owned 7,660 shares in the company, valued at approximately $2,836,651.20. This represents a 41.92% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 19,025 shares of company stock valued at $6,824,370 in the last ninety days. 0.68% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the stock. UBS Group cut their target price on shares of L3Harris Technologies from $362.00 to $330.00 and set a "neutral" rating for the company in a research note on Friday. Vertical Research reiterated a "buy" rating and issued a $355.00 price target on shares of L3Harris Technologies in a research note on Tuesday, January 13th. Wall Street Zen upgraded shares of L3Harris Technologies from a "hold" rating to a "buy" rating in a research note on Saturday, April 11th. Citigroup upped their price target on shares of L3Harris Technologies from $389.00 to $418.00 and gave the company a "buy" rating in a research note on Thursday, February 5th. Finally, JPMorgan Chase & Co. upped their price target on shares of L3Harris Technologies from $340.00 to $395.00 and gave the company an "overweight" rating in a research note on Thursday, February 5th. One research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, L3Harris Technologies has a consensus rating of "Moderate Buy" and a consensus target price of $350.18.

Key Headlines Impacting L3Harris Technologies

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

• Positive Sentiment: Q1 results beat expectations — GAAP EPS $2.72 vs. consensus ~ $2.53 and revenue ~ $5.74B (up ~12% YoY); operating margin and organic growth improved, supporting near‑term profitability. Business Wire: Q1 Results
• Positive Sentiment: Strong weapons and missile demand boosted results — missile solutions revenue rose (~18%); orders of $7.8B and book‑to‑bill of 1.4x pushed backlog to a record ~$40.7B, supporting future revenue visibility. Reuters: Lifts 2026 Profit Forecast
• Positive Sentiment: Company confidentially filed a draft S‑1 for an IPO of its Missile Solutions unit — potential value realization and strategic optionality for shareholders if executed. Reuters: Missile Unit IPO Filing
• Neutral Sentiment: Management raised FY‑2026 EPS guidance to $11.40–$11.60, but the midpoint is slightly below some analyst consensus (introducing mixed reactions despite the raise). Zacks: Guidance Raised
• Negative Sentiment: Market reaction: shares sold off after the print — some investors focused on guidance being slightly light and on near‑term execution/uncertainty around the IPO timing, outweighing the beat for now. Barron's: Stock Falls After Earnings

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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