LHX · NYSE · Aerospace & Defense

L3Harris Technologies (LHX)

Builds tactical communications, sensing, mission systems and missile propulsion for government customers.

$244.63
vs last close−2.30 (−0.93%)
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L3Harris Technologies, Inc.LHX
Industrials

Supplies U.S. and allied government customers with tactical communications, electronic warfare, space and airborne mission systems, and missile propulsion. Revenue comes mainly from government development, production and sustainment contracts, with U.S. government customers accounting for roughly three quarters.

Designs, integrates and sustains defense technology through Space & Mission Systems, Communications & Spectrum Dominance, and Missile Solutions. The portfolio spans satellite payloads and missile-warning sensors, airborne reconnaissance and aircraft missionization, maritime systems, tactical radios and data links, electronic warfare, night vision, targeting sensors, and solid-rocket propulsion.

Serves U.S. agencies, prime contractors and allied governments through development, production and sustainment contracts. Its integration work joins communications, sensors, software and mission systems across space, air, land and sea, while Missile Solutions adds propulsion, sensing and guidance across missile and munition programs. Roughly three quarters of revenue comes from U.S. government customers; procurement rules, export controls, security requirements and budget decisions shape contract timing and execution.

Company facts

CEOSamir B. Mehta
ListedDec 31, 1981
ExchangeNYSE
HeadquartersMelbourne, FL
CountryUnited States
Employees45,000
CIK0000202058
ISINUS5024311095

Market cap$45.98B
EPS (ttm)$9.90
P/E (ttm)24.94
ROE9.4%
P/B2.21
P/S2.01
Dividend yieldDiv yield2.00%
Beta0.30vs XLI 0.97

Price target$340.00+37.7%Average of 33 analysts
ConsensusBuy24 of 33 analysts
Ratings

Target rangeAs of Sep 21, 2026

Latest analyst notes

DateFirmActionPriorCurrent
Sep 14, 2026GuggenheimInitiate
Rating: Target:
Rating: BuyTarget: $365
Aug 26, 2026JefferiesDowngrade
Rating: BuyTarget: $295
Rating: HoldTarget: $315
Jan 14, 2026UBSTarget
Target:
Target: $323
Jan 14, 2026Truist FinancialTarget
Target:
Target: $364
Jan 13, 2026Vertical ResearchTarget
Target:
Target: $355

Next report
Oct 29, 26
in 37 days
EPS estimate
$3.01
Revenue estimate
$5.96B
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Jan '25Apr '25Jul '25Oct '25Jan '26Apr '26Jul '26Oct '26
Reported$3.47$2.41$2.78$2.70$2.86$2.72$3.13Pending
Estimate$3.42$2.31$2.48$2.58$2.76$2.53$2.80$3.01
Surprise+1.5%+4.3%+12.1%+4.7%+3.6%+7.5%+11.8%

RevenueReportedEstimate

Jan '25Apr '25Jul '25Oct '25Jan '26Apr '26Jul '26Oct '26
Reported$5.52B$5.13B$5.43B$5.66B$5.65B$5.74B$5.88BPending
Estimate$5.50B$5.20B$5.31B$5.52B$5.77B$5.42B$5.81B$5.96B
Surprise+0.4%−1.4%+2.1%+2.4%−2.1%+6.0%+1.2%
Estimate$3.01
ReportedDue Oct 29, 2026
Estimate$5.96B
ReportedDue Oct 29, 2026
View details

Debt to equity52.80%
Current ratio118.40%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$5.29B$5.52B$5.13B$5.43B$5.66B$5.65B$5.74B$5.88B
Net income$400.0M$453.0M$386.0M$458.0M$462.0M$300.0M$512.0M$600.0M
Net margin7.6%8.2%7.5%8.4%8.2%5.3%8.9%10.2%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income$495.0M$728.0M$554.0M$584.0M$631.0M$376.0M$642.0M$654.0M
YoY growth+3.3%+3.9%+46.6%+22.7%+27.5%−48.4%+15.9%+12.0%

Balance sheet, Jul 3, 2026Cash & short-term investments $1.52B · Total debt $11.00B · Total assets $42.94B · Shareholders' equity $20.85B

Revenue
$5.88B
Operating income
$654.0M
Net income
$600.0M
View details

Dividend yield
2.00%
Next ex-date
Dec 4, 26
estimated · in 73 days
Annual dividend
$4.95
per share
Schedule
Quarterly
4 payments a year

HistoryDividendAnnual yield

Nov '24Mar '25Jun '25Sep '25Nov '25Mar '26Jun '26Sep '26
Dividend$1.16$1.20$1.20$1.20$1.20$1.25$1.25$1.25
Annual yield1.90%2.15%1.94%1.75%1.67%1.32%1.59%1.93%
Ex-dateNov 18Mar 10Jun 3Sep 5Nov 17Mar 6Jun 5Sep 4
Payment dateDec 6Mar 21Jun 18Sep 22Dec 5Mar 20Jun 26Sep 18
View details

Institutions≈ 85.75%159.74M shares
1,744 holders · as of Jun 30, 2026 · largest filers plus last quarter's tail
Insiders0.28%516.0K shares
23 holders · as of Aug 25, 2026
Other≈ 13.97%26.03M shares
remainder

186.29M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

This quarter's institutional total failed a plausibility check; shown: the largest filers plus last quarter's remainder.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
BlackRock, Inc.Institution
10.21%19.02Mas of Jun 30, 2026
Vanguard Capital Management LLCInstitution
6.53%12.16Mas of Jun 30, 2026
Vanguard Portfolio Management LLCInstitution
5.16%9.60Mas of Jun 30, 2026
State Street CorpInstitution
4.88%9.10Mas of Jun 30, 2026
Capital World InvestorsInstitution
3.55%6.61Mas of Jun 30, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
May 5, 2026Melanie Rakitaofficer: Vice President & CHRO−2,180$310.45
Mar 2, 2026Samir Mehtaofficer: Pres., Space & Mission Sys.−5,528$370.32
Mar 2, 2026Melanie Rakitaofficer: Vice President & CHRO−751$370.32
Feb 26, 2026Melanie Rakitaofficer: Vice President & CHRO−2,378$341.45
Mar 2, 2026Jon Rambeauofficer: Pres., Coms. & Spec. Dom.−5,528$370.32
View details

  • Northrop Grumman

    Widest overlap: EW, ISR, space sensors, and solid-rocket propulsion.

  • RTX

    Primary rival in airborne EW, avionics, and missile defense electronics.

  • Lockheed Martin

    Dominant space-prime competing directly on SDA missile-warning satellites.

  • General Dynamics

    Head-to-head in tactical communications, C2 networking, and mission systems.

  • Boeing

    Competes in airborne ISR platform integration and special-mission aircraft.

Compare

CompanyPriceChange
L3Harris Technologies$244.63−0.93%$45.98B24.919.72.0+8.4%
Northrop Grumman$520.40−1.19%$74.82B16.717.81.7+5.1%
RTX$192.34−1.03%$261.92B34.226.12.8+14.5%
Lockheed Martin$529.77−1.05%$123.57B19.716.81.6+10.5%
General Dynamics$350.57−0.94%$95.75B21.620.01.7+8.1%
Boeing$201.45+0.15%$158.98B87.1152.61.7+8.0%
Median21.620.01.7+8.1%