What is Seaport Res Ptn's Estimate for LHX Q2 Earnings?

L3Harris Technologies Inc (NYSE:LHX - Free Report) - Equities research analysts at Seaport Res Ptn cut their Q2 2025 earnings estimates for shares of L3Harris Technologies in a note issued to investors on Wednesday, July 16th. Seaport Res Ptn analyst R. Safran now expects that the company will post earnings of $2.47 per share for the quarter, down from their previous forecast of $2.55. The consensus estimate for L3Harris Technologies' current full-year earnings is $11.12 per share. Seaport Res Ptn also issued estimates for L3Harris Technologies' Q3 2025 earnings at $2.69 EPS, FY2025 earnings at $10.54 EPS, Q1 2026 earnings at $2.89 EPS, Q2 2026 earnings at $3.14 EPS, Q4 2026 earnings at $3.43 EPS and FY2026 earnings at $12.68 EPS.

Other research analysts have also recently issued research reports about the stock. Wells Fargo & Company reduced their price target on shares of L3Harris Technologies from $268.00 to $242.00 and set an "overweight" rating for the company in a report on Tuesday, April 8th. Wall Street Zen raised shares of L3Harris Technologies from a "hold" rating to a "buy" rating in a research report on Saturday, July 12th. Jefferies Financial Group cut their price objective on shares of L3Harris Technologies from $260.00 to $250.00 and set a "buy" rating on the stock in a research report on Monday, March 31st. The Goldman Sachs Group raised shares of L3Harris Technologies from a "sell" rating to a "buy" rating and boosted their price objective for the stock from $198.00 to $263.00 in a research report on Friday, April 11th. Finally, UBS Group boosted their price objective on shares of L3Harris Technologies from $222.00 to $226.00 and gave the stock a "neutral" rating in a research report on Monday, April 28th. Five analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company's stock. According to MarketBeat, L3Harris Technologies currently has a consensus rating of "Moderate Buy" and a consensus target price of $263.81.

L3Harris Technologies Stock Down 0.3%

Shares of L3Harris Technologies stock traded down $0.80 on Thursday, hitting $264.71. The company had a trading volume of 1,441,835 shares, compared to its average volume of 1,166,758. The firm has a market capitalization of $49.49 billion, a P/E ratio of 31.40, a P/E/G ratio of 2.06 and a beta of 0.75. L3Harris Technologies has a twelve month low of $193.09 and a twelve month high of $267.57. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.02 and a quick ratio of 0.85. The stock has a 50-day moving average of $246.64 and a 200-day moving average of $223.62.

L3Harris Technologies (NYSE:LHX - Get Free Report) last issued its quarterly earnings data on Thursday, April 24th. The company reported $2.41 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.32 by $0.09. The firm had revenue of $5.13 billion during the quarter, compared to analysts' expectations of $5.29 billion. L3Harris Technologies had a net margin of 7.55% and a return on equity of 12.38%. The business's revenue for the quarter was down 1.5% on a year-over-year basis. During the same quarter in the previous year, the company earned $3.06 earnings per share.

L3Harris Technologies Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, September 22nd. Shareholders of record on Friday, September 5th will be paid a dividend of $1.20 per share. The ex-dividend date of this dividend is Friday, September 5th. This represents a $4.80 dividend on an annualized basis and a yield of 1.81%. L3Harris Technologies's payout ratio is 56.94%.

Insider Transactions at L3Harris Technologies

In related news, CEO Christopher E. Kubasik sold 33,061 shares of the company's stock in a transaction that occurred on Thursday, June 12th. The shares were sold at an average price of $248.48, for a total transaction of $8,214,997.28. Following the completion of the transaction, the chief executive officer directly owned 145,572 shares in the company, valued at $36,171,730.56. This represents a 18.51% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Edward J. Zoiss sold 2,000 shares of the company's stock in a transaction that occurred on Tuesday, May 27th. The stock was sold at an average price of $245.00, for a total transaction of $490,000.00. Following the transaction, the insider owned 25,325 shares of the company's stock, valued at approximately $6,204,625. This represents a 7.32% decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 0.72% of the company's stock.

Institutional Investors Weigh In On L3Harris Technologies

Several hedge funds have recently added to or reduced their stakes in LHX. McGuire Investment Group LLC raised its holdings in L3Harris Technologies by 3.1% during the 2nd quarter. McGuire Investment Group LLC now owns 10,458 shares of the company's stock worth $2,623,000 after purchasing an additional 319 shares during the last quarter. Gold Investment Management Ltd. raised its holdings in L3Harris Technologies by 108.4% during the 2nd quarter. Gold Investment Management Ltd. now owns 1,738 shares of the company's stock worth $437,000 after purchasing an additional 904 shares during the last quarter. Pure Financial Advisors LLC raised its holdings in L3Harris Technologies by 13.0% during the 2nd quarter. Pure Financial Advisors LLC now owns 1,586 shares of the company's stock worth $398,000 after purchasing an additional 182 shares during the last quarter. Woodward Diversified Capital LLC bought a new position in L3Harris Technologies during the 2nd quarter worth approximately $346,000. Finally, Vigilare Wealth Management bought a new position in L3Harris Technologies during the 2nd quarter worth approximately $563,000. 84.76% of the stock is currently owned by institutional investors and hedge funds.

L3Harris Technologies Company Profile

L3Harris Technologies, Inc provides mission-critical solutions for government and commercial customers worldwide. The company's Integrated Mission Systems segment provides intelligence, surveillance, and reconnaissance (ISR) systems, passive sensing and targeting, electronic attack, autonomy, power and communications, and networks and sensors, as well as advanced combat systems for air, land, and sea sectors.