L3Harris Technologies Inc $LHX Shares Sold by Munich Reinsurance Co Stock Corp in Munich

Key Points

• Munich Re reduced its stake in L3Harris by 20.7%, selling 49,061 shares and now holding 188,148 shares (about 0.10% of the company) valued at roughly $55.6 million.
• L3Harris closed a $1 billion strategic investment from the Department of Defense into its Missile Solutions business to expand facilities, R&D and production capacity, boosting backlog and cash support for growth.
• Insiders have sold 19,025 shares (≈$6.82M) in the past 90 days—insider ownership is about 0.68%—and the board declared a quarterly dividend of $1.25 per share (payable June 26; ex-dividend June 5), annualized yield ≈1.6%.

Munich Reinsurance Co Stock Corp in Munich lowered its stake in shares of L3Harris Technologies Inc (NYSE:LHX - Free Report) by 20.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 188,148 shares of the company's stock after selling 49,061 shares during the quarter. Munich Reinsurance Co Stock Corp in Munich owned approximately 0.10% of L3Harris Technologies worth $55,592,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in LHX. Brighton Jones LLC increased its holdings in shares of L3Harris Technologies by 233.9% in the 4th quarter. Brighton Jones LLC now owns 4,284 shares of the company's stock valued at $901,000 after acquiring an additional 3,001 shares during the period. Jump Financial LLC increased its holdings in shares of L3Harris Technologies by 14.9% in the 2nd quarter. Jump Financial LLC now owns 2,995 shares of the company's stock valued at $751,000 after acquiring an additional 388 shares during the period. NewEdge Advisors LLC increased its holdings in shares of L3Harris Technologies by 14.2% in the 2nd quarter. NewEdge Advisors LLC now owns 17,082 shares of the company's stock valued at $4,285,000 after acquiring an additional 2,130 shares during the period. Nebula Research & Development LLC acquired a new position in shares of L3Harris Technologies in the 2nd quarter valued at $856,000. Finally, CIBC Asset Management Inc increased its holdings in shares of L3Harris Technologies by 116.2% in the 2nd quarter. CIBC Asset Management Inc now owns 61,988 shares of the company's stock valued at $15,549,000 after acquiring an additional 33,321 shares during the period. Institutional investors and hedge funds own 84.76% of the company's stock.

L3Harris Technologies News Roundup

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

Insider Transactions at L3Harris Technologies

In related news, insider Samir Mehta sold 5,528 shares of the business's stock in a transaction dated 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 owned 7,756 shares of the company's stock, valued at approximately $2,872,201.92. The trade was a 41.61% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Jon Rambeau sold 5,528 shares of the business's stock in a transaction dated Monday, March 2nd. The shares were sold at an average price of $370.32, for a total transaction of $2,047,128.96. Following the completion of the transaction, the insider directly owned 7,660 shares of the company's stock, valued at $2,836,651.20. The trade was a 41.92% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 19,025 shares of company stock valued at $6,824,370 in the last 90 days. 0.68% of the stock is currently owned by insiders.

Analyst Ratings Changes

LHX has been the topic of a number of recent research reports. Wolfe Research reaffirmed an "outperform" rating on shares of L3Harris Technologies in a report on Friday, January 30th. Vertical Research reiterated a "buy" rating and issued a $355.00 price objective on shares of L3Harris Technologies in a research report on Tuesday, January 13th. Wall Street Zen upgraded shares of L3Harris Technologies from a "hold" rating to a "buy" rating in a research report on Saturday, April 11th. Argus upgraded shares of L3Harris Technologies to a "strong-buy" rating in a research report on Friday, February 27th. Finally, TD Cowen restated a "buy" rating on shares of L3Harris Technologies in a research report on Monday, January 5th. One investment 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. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $349.55.

L3Harris Technologies Price Performance

Shares of NYSE LHX opened at $317.38 on Friday. The firm has a market capitalization of $59.28 billion, a P/E ratio of 37.21, a PEG ratio of 1.67 and a beta of 0.62. L3Harris Technologies Inc has a one year low of $214.10 and a one year high of $379.23. The company's fifty day moving average is $354.48 and its two-hundred day moving average is $322.72. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.02 and a current ratio of 1.19.

L3Harris Technologies (NYSE:LHX - Get Free Report) last issued its earnings results on Thursday, January 29th. The company reported $2.86 EPS for the quarter, topping the consensus estimate of $2.76 by $0.10. The company had revenue of $5.65 billion for the quarter, compared to analyst estimates of $5.76 billion. L3Harris Technologies had a net margin of 7.35% and a return on equity of 10.43%. The business's revenue was up 2.3% on a year-over-year basis. During the same period in the previous year, the firm earned $3.47 EPS. Analysts forecast that L3Harris Technologies Inc will post 11.53 EPS for the current fiscal year.

L3Harris Technologies Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, June 26th. Stockholders of record on Friday, June 5th will be paid a dividend of $1.25 per share. This represents a $5.00 annualized dividend and a dividend yield of 1.6%. The ex-dividend date of this dividend is Friday, June 5th. L3Harris Technologies's payout ratio is 58.62%.

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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