L3Harris Technologies Inc $LHX Shares Sold by Tritonpoint Wealth LLC

04 Apr 2026, 08:36 by Scott Moore · The Cerbat Gem

Tritonpoint Wealth LLC lessened its holdings in shares of L3Harris Technologies Inc (NYSE:LHX – Free Report) by 19.1% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 13,188 shares of the company’s stock after selling 3,119 shares during the period. Tritonpoint Wealth LLC’s holdings in L3Harris Technologies were worth $3,872,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Caitlin John LLC acquired a new position in L3Harris Technologies in the third quarter valued at approximately $28,000. JPL Wealth Management LLC acquired a new stake in shares of L3Harris Technologies during the 3rd quarter worth approximately $29,000. American National Bank & Trust raised its position in shares of L3Harris Technologies by 44.8% during the 4th quarter. American National Bank & Trust now owns 97 shares of the company’s stock worth $28,000 after purchasing an additional 30 shares during the period. Triumph Capital Management bought a new stake in shares of L3Harris Technologies in the 3rd quarter worth approximately $31,000. Finally, GGM Financials LLC bought a new stake in shares of L3Harris Technologies in the 3rd quarter worth approximately $32,000. Institutional investors and hedge funds own 84.76% of the company’s stock.

L3Harris Technologies Stock Up 0.2%

Shares of L3Harris Technologies stock opened at $356.78 on Friday. The business’s fifty day moving average price is $354.30 and its two-hundred day moving average price is $316.78. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.19 and a quick ratio of 1.02. The company has a market capitalization of $66.64 billion, a P/E ratio of 41.83, a PEG ratio of 2.57 and a beta of 0.62. L3Harris Technologies Inc has a 1-year low of $195.72 and a 1-year high of $379.23.

L3Harris Technologies (NYSE:LHX – Get Free Report) last released its quarterly earnings results on Thursday, January 29th. The company reported $2.86 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.76 by $0.10. The company had revenue of $5.65 billion during the quarter, compared to analysts’ expectations of $5.76 billion. L3Harris Technologies had a return on equity of 10.43% and a net margin of 7.35%.The company’s revenue for the quarter was up 2.3% compared to the same quarter last year. During the same quarter in the prior year, the business posted $3.47 earnings per share. As a group, research analysts forecast that L3Harris Technologies Inc will post 11.12 EPS for the current year.

L3Harris Technologies Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 20th. Investors of record on Friday, March 6th were given a $1.25 dividend. The ex-dividend date was Friday, March 6th. This represents a $5.00 dividend on an annualized basis and a yield of 1.4%. This is a boost from L3Harris Technologies’s previous quarterly dividend of $1.20. L3Harris Technologies’s payout ratio is currently 58.62%.

Wall Street Analyst Weigh In

LHX has been the subject of a number of recent research reports. Wall Street Zen downgraded L3Harris Technologies from a “buy” rating to a “hold” rating in a research note on Saturday, February 7th. Vertical Research reiterated a “buy” rating and issued a $355.00 target price on shares of L3Harris Technologies in a research note on Tuesday, January 13th. Argus raised shares of L3Harris Technologies to a “strong-buy” rating in a report on Friday, February 27th. Susquehanna restated a “positive” rating on shares of L3Harris Technologies in a research report on Thursday, January 15th. Finally, Weiss Ratings raised shares of L3Harris Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, December 29th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, L3Harris Technologies currently has an average rating of “Moderate Buy” and an average price target of $334.62.

Read Our Latest Stock Analysis on L3Harris Technologies

Insider Activity at L3Harris Technologies

In other L3Harris Technologies news, VP Melanie Rakita sold 2,378 shares of the firm’s stock in a transaction dated Thursday, February 26th. The shares were sold at an average price of $341.45, for a total transaction of $811,968.10. Following the transaction, the vice president owned 4,882 shares of the company’s stock, valued at approximately $1,666,958.90. This trade represents a 32.75% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Jon Rambeau sold 5,528 shares of the business’s stock in a transaction dated Monday, March 2nd. The stock was sold at an average price of $370.32, for a total transaction of $2,047,128.96. Following the sale, the insider owned 7,660 shares in the company, valued at $2,836,651.20. This trade represents a 41.92% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 19,025 shares of company stock worth $6,824,370 in the last 90 days. Corporate insiders own 0.72% of the company’s stock.

L3Harris Technologies Profile

(Free Report)

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.