<div id="readability-page-1"><p>Commerce Bank boosted its position in  L3Harris Technologies, Inc. (NYSE:LHX - Free Report) by 8.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities &amp; Exchange Commission. The institutional investor  owned 20,820 shares of the company's stock after acquiring an additional 1,607 shares during the quarter. Commerce Bank's holdings in L3Harris Technologies were worth $4,378,000 at the end of the most recent quarter.</p><div><p><span></span><span>Get <strong>L3Harris Technologies</strong> alerts:</span></p></div><ul><li>L3Harris: Positioned for Gains With Trump’s Defense Policies</li></ul><p>Other institutional investors also recently added to or reduced their stakes in the company. Czech National Bank raised its holdings in shares of  L3Harris Technologies by 6.4% in the 4th quarter. Czech National Bank now owns 41,124 shares of the company's stock valued at $8,648,000 after purchasing an additional 2,480 shares in the last quarter.  JPMorgan Chase &amp; Co. raised its stake in  L3Harris Technologies by 29.9% in the third quarter. JPMorgan Chase &amp; Co. now owns 774,560 shares of the company's stock valued at $184,245,000 after buying an additional 178,407 shares in the last quarter.  Principal Financial Group Inc. lifted its holdings in  L3Harris Technologies by 2.0% during the 3rd quarter. Principal Financial Group Inc. now owns 220,269 shares of the company's stock worth $52,395,000 after buying an additional 4,321 shares during the last quarter.  Oliver Luxxe Assets LLC acquired a new position in shares of  L3Harris Technologies during the 4th quarter worth about $3,954,000.  Finally, BankPlus Wealth Management LLC purchased a new position in shares of  L3Harris Technologies in the 4th quarter valued at about $409,000. Hedge funds and other institutional investors own  84.76% of the company's stock. </p><h2>L3Harris Technologies Price Performance</h2><p>Shares of NYSE:LHX opened at $218.01 on Monday. L3Harris Technologies, Inc. has a 52 week low of $193.09 and a 52 week high of $265.74. The company has a 50-day moving average price of $208.87 and a 200 day moving average price of $222.89. The company has a market cap of $40.92 billion, a P/E ratio of 27.70, a PEG ratio of 2.42 and a beta of 0.71. The company has a quick ratio of 0.90, a current ratio of 1.08 and a debt-to-equity ratio of 0.57. </p><ul><li>Aerospace Stock Fires Up a Solid EPS Beat and Raises Guidance </li></ul><p>L3Harris Technologies (NYSE:LHX - Get Free Report) last posted its quarterly earnings results on Thursday, January 30th. The company reported $3.47 EPS for the quarter, beating the consensus estimate of $3.43 by $0.04. L3Harris Technologies had a return on equity of 13.11% and a net margin of 7.04%.  Research analysts predict that  L3Harris Technologies, Inc. will post 11.12 earnings per share for the current year. </p><h2>L3Harris Technologies Announces Dividend</h2><p>The business also recently declared a quarterly dividend, which will be paid on Wednesday, June 18th. Stockholders of record on Tuesday, June 3rd will be paid a dividend of $1.20 per share. This represents a $4.80 dividend on an annualized basis and a dividend yield of 2.20%. L3Harris Technologies's dividend payout ratio (DPR) is presently 60.99%. </p><h2>Insider Transactions at L3Harris Technologies</h2><ul><li>3M Stock: Invest Now for Unmatched Quality and Growth Potential</li></ul><p>In other news, insider Edward J. Zoiss sold 1,783 shares of L3Harris Technologies stock in a transaction on Thursday, March 6th. The stock was sold at an average price of $211.48, for a total transaction of $377,068.84. Following the completion of the transaction, the insider now owns 30,620 shares of the company's stock, valued at $6,475,517.60. The trade was a 5.50 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, insider Jon Rambeau sold 3,178 shares of the stock in a transaction dated Monday, March 10th. The shares were sold at an average price of $226.00, for a total transaction of $718,228.00. Following the completion of the sale, the insider now directly owns 2,797 shares in the company, valued at approximately $632,122. The trade was a 53.19 % 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. </p><h2>Wall Street Analysts Forecast Growth</h2><p>Several analysts have recently weighed in on the stock. Bank of America reduced their price objective on shares of L3Harris Technologies from $300.00 to $265.00 and set a &#34;buy&#34; rating for the company in a research report on Tuesday, February 4th. Susquehanna cut their target price on L3Harris Technologies from $300.00 to $258.00 and set a &#34;positive&#34; rating on the stock in a research report on Wednesday, January 8th. Sanford C. Bernstein raised L3Harris Technologies from a &#34;market perform&#34; rating to an &#34;outperform&#34; rating and decreased their target price for the company from $289.00 to $267.00 in a research report on Wednesday, January 8th. JPMorgan Chase &amp; Co. cut their price target on L3Harris Technologies from $265.00 to $255.00 and set an &#34;overweight&#34; rating on the stock in a research report on Friday, January 31st. Finally, Wells Fargo &amp; Company decreased their price objective on L3Harris Technologies from $268.00 to $242.00 and set an &#34;overweight&#34; rating for the company in a report on Tuesday, April 8th. Five analysts have rated the stock with a hold rating and fourteen have issued  a buy rating to the company's stock. According to MarketBeat.com, L3Harris Technologies presently has a consensus rating of &#34;Moderate Buy&#34; and an average target price of $256.35.</p><p><b>View Our Latest Stock Analysis on L3Harris Technologies</b></p><h2>About L3Harris Technologies</h2> (Free Report)<p>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.</p><h2>Further Reading</h2><ul><li>Five stocks we like better than L3Harris Technologies</li><li>3 Dividend Kings To Consider</li><li>With a 60%+ Upside, There’s Plenty to Love About Lovesac</li><li>Differences Between Momentum Investing and Long Term Investing </li><li>J.B. Hunt Transport Overcorrects Into a Buying Opportunity</li><li>How to Use Stock Screeners to Find Stocks</li><li>AppLovin: Can Record Profits Overcome Market Skepticism?</li></ul><p><strong>Want to see what other hedge funds are holding LHX?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for L3Harris Technologies, Inc. (NYSE:LHX - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUxIWA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUxIWA"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in L3Harris Technologies Right Now?</h2><p>Before you consider L3Harris Technologies, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and L3Harris Technologies wasn't on the list.</p><p>While L3Harris Technologies currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Commerce Bank increased its stake in L3Harris Technologies, Inc. (NYSE:LHX) by 8.4% in Q4, owning 20,820 shares valued at $4.38 million. Other institutional investors also adjusted their holdings. L3Harris has a market cap of $40.92 billion, with a P/E ratio of 27.70. The company recently declared a quarterly dividend of $1.20 per share. Analysts predict L3Harris will post $11.12 EPS for the current year, with recent price targets set between $258.00 and $265.00. Insider transactions showed some selling activity among executives.</p>

Commerce Bank Grows Position in L3Harris Technologies, Inc. (NYSE:LHX)