What is Seaport Res Ptn's Forecast for LHX Q1 Earnings?

L3Harris Technologies, Inc. (NYSE:LHX - Free Report) - Equities research analysts at Seaport Res Ptn issued their Q1 2026 EPS estimates for L3Harris Technologies in a research note issued on Thursday, April 17th. Seaport Res Ptn analyst R. Safran anticipates that the company will post earnings of $2.79 per share for the quarter. The consensus estimate for L3Harris Technologies' current full-year earnings is $11.12 per share. Seaport Res Ptn also issued estimates for L3Harris Technologies' Q2 2026 earnings at $3.07 EPS, Q3 2026 earnings at $3.22 EPS, Q4 2026 earnings at $3.55 EPS and FY2026 earnings at $12.64 EPS.

Other analysts have also issued reports about the stock. Sanford C. Bernstein raised shares of L3Harris Technologies from a "market perform" rating to an "outperform" rating and reduced their price objective for the stock from $289.00 to $267.00 in a research report on Wednesday, January 8th. Morgan Stanley lowered their price objective on shares of L3Harris Technologies from $260.00 to $250.00 and set an "equal weight" rating for the company in a research note on Tuesday, February 4th. The Goldman Sachs Group upgraded L3Harris Technologies from a "sell" rating to a "buy" rating and lifted their price target for the company from $198.00 to $263.00 in a report on Friday, April 11th. Jefferies Financial Group cut their price target on shares of L3Harris Technologies from $260.00 to $250.00 and set a "buy" rating on the stock in a report on Monday, March 31st. Finally, Wells Fargo & Company lowered their price target on L3Harris Technologies from $268.00 to $242.00 and set an "overweight" rating for the company in a research report on Tuesday, April 8th. Five research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $257.50.

L3Harris Technologies Price Performance

L3Harris Technologies stock traded up $0.30 during midday trading on Friday, reaching $215.38. 872,811 shares of the stock traded hands, compared to its average volume of 1,008,197. The stock's fifty day moving average is $209.44 and its 200-day moving average is $222.63. L3Harris Technologies has a 12 month low of $193.09 and a 12 month high of $265.74. The stock has a market cap of $40.43 billion, a P/E ratio of 27.37, 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.

L3Harris Technologies (NYSE:LHX - Get Free Report) last issued its earnings results on Thursday, January 30th. The company reported $3.47 earnings per share for the quarter, topping the consensus estimate of $3.43 by $0.04. L3Harris Technologies had a net margin of 7.04% and a return on equity of 13.11%.

Institutional Trading of L3Harris Technologies

Hedge funds have recently made changes to their positions in the business. Vanguard Group Inc. raised its stake in shares of L3Harris Technologies by 1.8% in the fourth quarter. Vanguard Group Inc. now owns 23,281,023 shares of the company's stock valued at $4,895,534,000 after acquiring an additional 401,168 shares in the last quarter. Geode Capital Management LLC grew its position in shares of L3Harris Technologies by 1.1% during the fourth quarter. Geode Capital Management LLC now owns 4,788,619 shares of the company's stock worth $1,004,418,000 after buying an additional 53,787 shares in the last quarter. FMR LLC increased its stake in shares of L3Harris Technologies by 11.5% during the fourth quarter. FMR LLC now owns 2,261,999 shares of the company's stock worth $475,653,000 after buying an additional 233,968 shares during the period. Invesco Ltd. raised its holdings in L3Harris Technologies by 30.5% in the fourth quarter. Invesco Ltd. now owns 2,235,077 shares of the company's stock valued at $469,992,000 after acquiring an additional 522,861 shares in the last quarter. Finally, Raymond James Financial Inc. purchased a new position in L3Harris Technologies in the fourth quarter worth approximately $398,507,000. Institutional investors and hedge funds own 84.76% of the company's stock.

Insider Transactions at L3Harris Technologies

In related news, insider Edward J. Zoiss sold 1,783 shares of L3Harris Technologies stock in a transaction that occurred on Thursday, March 6th. The shares were sold at an average price of $211.48, for a total value of $377,068.84. Following the completion of the sale, the insider now owns 30,620 shares in the company, valued at approximately $6,475,517.60. This trade represents a 5.50 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Jon Rambeau sold 3,178 shares of the company's stock in a transaction on Monday, March 10th. The stock was sold at an average price of $226.00, for a total value of $718,228.00. Following the transaction, the insider now owns 2,797 shares in the company, valued at $632,122. This trade represents a 53.19 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 0.72% of the company's stock.

L3Harris Technologies Dividend Announcement

The firm 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 $1.20 dividend. This represents a $4.80 annualized dividend and a dividend yield of 2.23%. The ex-dividend date of this dividend is Tuesday, June 3rd. L3Harris Technologies's dividend payout ratio (DPR) is presently 60.99%.

L3Harris Technologies Company Profile

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.