LHX stock icon

L3Harris
LHX

$240.02
0.79%

Market Cap: 45.5B

 

About: L3Harris Technologies provides products for the command, control, communications, computers, intelligence, surveillance, and reconnaissance, or C4ISR, market. The firm produces uncrewed aerial vehicles, sensors, and avionics, as well as provides military and commercial training services and maintains the us Federal Aviation Administration's communications infrastructure. In July 2023, the company acquired Aerojet Rocketdyne, a key supplier of rocket motors to the space and defense industry.

Employees: 50,000

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 10 analysts
0
News positive %
of 10 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

65% more call options, than puts

Call options by funds: $214M | Put options by funds: $129M

19% more repeat investments, than reductions

Existing positions increased: 475 | Existing positions reduced: 399

12% more first-time investments, than exits

New positions opened: 126 | Existing positions closed: 113

1% more funds holding

Funds holding: 1,223 [Q4 2023] → 1,236 (+13) [Q1 2024]

1% less capital invested

Capital invested by funds: $33.9B [Q4 2023] → $33.7B (-$238M) [Q1 2024]

1.8% less ownership

Funds ownership: 84.99% [Q4 2023] → 83.19% (-1.8%) [Q1 2024]

9% less funds holding in top 10

Funds holding in top 10: 11 [Q4 2023] → 10 (-1) [Q1 2024]

Research analyst outlook

10 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$229
5%
downside
Avg. target
$242
1%
upside
High target
$250
4%
upside

10 analyst ratings

positive
90%
neutral
10%
negative
0%
Wells Fargo
Matthew Akers
2%upside
$245
Overweight
Maintained
7 May 2024
JP Morgan
Seth Seifman
4%upside
$250
Overweight
Maintained
1 May 2024
Barclays
David Strauss
2%upside
$245
Overweight
Maintained
30 Apr 2024
RBC Capital
Ken Herbert
4%upside
$250
Outperform
Maintained
29 Apr 2024
Alembic Global
Peter Skibitski
1%downside
$238
Overweight
Upgraded
22 Apr 2024

Financial journalist opinion

Based on 10 articles about LHX published over the past 30 days