<div id="readability-page-1"><p>Gradient Investments LLC cut its stake in shares of  L3Harris Technologies Inc (NYSE:LHX - Free Report) by 6.4% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 53,156 shares of the company's stock after selling 3,621 shares during the period. Gradient Investments LLC's holdings in L3Harris Technologies were worth $16,234,000 as of its most recent SEC filing.</p><div><p><span></span><span>Get <strong>L3Harris Technologies</strong> alerts:</span></p></div><ul><li>Joby and Archer Forge a New Strategic Chapter in the UAE</li></ul><p>Other institutional investors and hedge funds have also recently modified their holdings of the company. AssuredPartners Investment Advisors LLC increased its position in  L3Harris Technologies by 3.7% during the third quarter. AssuredPartners Investment Advisors LLC now owns 19,104 shares of the company's stock valued at $5,834,000 after acquiring an additional 673 shares during the last quarter.  Heartwood Wealth Advisors LLC purchased a new stake in shares of  L3Harris Technologies during the 3rd quarter valued at about $83,000.  Venture Visionary Partners LLC purchased a new stake in shares of  L3Harris Technologies during the 3rd quarter valued at about $244,000.  HCR Wealth Advisors lifted its stake in shares of  L3Harris Technologies by 8.4% in the 3rd quarter. HCR Wealth Advisors now owns 13,317 shares of the company's stock worth $3,943,000 after purchasing an additional 1,036 shares during the period.  Finally, Aaron Wealth Advisors LLC boosted its holdings in shares of  L3Harris Technologies by 255.6% in the third quarter. Aaron Wealth Advisors LLC now owns 4,160 shares of the company's stock worth $1,271,000 after buying an additional 2,990 shares during the last quarter. 84.76% of the stock is currently owned by hedge funds and other institutional investors. </p><h2>L3Harris Technologies Price Performance</h2><p>NYSE:LHX opened at $282.80 on Wednesday. The business's 50-day simple moving average is $287.10 and its two-hundred day simple moving average is $275.21. L3Harris Technologies Inc has a 52 week low of $193.09 and a 52 week high of $308.12. The stock has a market cap of $52.90 billion, a PE ratio of 30.38, a P/E/G ratio of 2.10 and a beta of 0.65. The company has a quick ratio of 0.95, a current ratio of 1.14 and a debt-to-equity ratio of 0.56. </p><ul><li>Palantir’s Defense Partnerships Fuel Its Growth Story</li></ul><p>L3Harris Technologies (NYSE:LHX - Get Free Report) last released its earnings results on Thursday, October 30th. The company reported $2.70 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.60 by $0.10. The firm had revenue of $5.66 billion during the quarter, compared to analysts' expectations of $5.51 billion. L3Harris Technologies had a return on equity of 11.08% and a net margin of 8.09%.The firm's revenue was up 6.9% on a year-over-year basis. During the same quarter last year, the business posted $3.34 earnings per share. L3Harris Technologies has set its FY 2025 guidance at 10.500-10.700 EPS.  As a group, analysts forecast that  L3Harris Technologies Inc will post 11.12 EPS for the current fiscal year. </p><h2>L3Harris Technologies Dividend Announcement</h2><p>The business also recently disclosed a quarterly dividend, which was paid on Friday, December 5th. Stockholders of record on Monday, November 17th were given a dividend of $1.20 per share. The ex-dividend date was Monday, November 17th. This represents a $4.80 annualized dividend and a dividend yield of 1.7%. L3Harris Technologies's dividend payout ratio (DPR) is presently 51.56%. </p><h2>Analyst Upgrades and Downgrades</h2><ul><li>Next-Gen Defense: 3 Stocks Riding the New Global Arms Race</li></ul><p>LHX has been the subject of a number of research reports. BNP Paribas Exane began coverage on shares of L3Harris Technologies in a report on Tuesday, November 18th. They set a &#34;neutral&#34; rating and a $290.00 target price for the company. JPMorgan Chase &amp; Co. upped their price objective on L3Harris Technologies from $325.00 to $340.00 and gave the stock an &#34;overweight&#34; rating in a research note on Tuesday, November 4th. Morgan Stanley lifted their target price on L3Harris Technologies from $250.00 to $350.00 and gave the company an &#34;equal weight&#34; rating in a research report on Wednesday, October 15th. UBS Group upped their price target on L3Harris Technologies from $318.00 to $323.00 and gave the stock a &#34;neutral&#34; rating in a research report on Friday, October 31st. Finally, Deutsche Bank Aktiengesellschaft  reaffirmed a &#34;hold&#34; rating on shares of L3Harris Technologies in a research report on Wednesday, October 8th. Eleven investment analysts have rated the stock with a Buy rating and eight have issued  a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of &#34;Moderate Buy&#34; and a consensus target price of $295.50.</p><p><b>View Our Latest Report on L3Harris Technologies</b></p><h2>Insider Activity at L3Harris Technologies</h2><p>In other news, CEO Christopher E. Kubasik sold 14,171 shares of the business's stock in a transaction on Thursday, November 13th. The shares were sold at an average price of $301.05, for a total value of $4,266,179.55. Following the transaction, the chief executive officer owned 144,426 shares of the company's stock, valued at approximately $43,479,447.30. The trade was a 8.94% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities &amp; Exchange Commission, which can be accessed through this hyperlink. Company insiders own  0.72% of the company's stock. </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>EV Stocks and How to Profit from Them </li><li>Why Taiwan Semiconductor's 6.5% Dip Could Be a Smart Buy</li><li>What is the NASDAQ Stock Exchange?</li><li>RTX Surges to Record Highs as Defense Orders Explode</li><li>Growth Stocks: What They Are, What They Are Not</li><li>Smart Money Is Buying Auto Suppliers, Not Car Brands</li></ul><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 reporting and unbiased coverage. 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>Gradient Investments LLC reduced its stake in L3Harris Technologies Inc by 6.4% in Q3, selling 3,621 shares. The stock opened at $282.80, with a 52-week range of $193.09-$308.12. Analysts forecast an EPS of 11.12 for the fiscal year, with a dividend yield of 1.7%. The stock has a consensus rating of "Moderate Buy" from analysts.</p>

Gradient Investments LLC Sells 3,621 Shares of L3Harris Technologies Inc $LHX