Stock events for L3Harris Technologies, Inc. (LHX)
In the past six months, L3Harris Technologies (LHX) stock has experienced several notable events. As of July 16, 2025, the share price was $263.62, a 10.65% increase from July 17, 2024. The stock touched a 52-week low of $200.08 on February 12, 2025, and a 52-week high of $266.39 on July 17, 2025. Analyst ratings have been generally positive, with a consensus of "Moderate Buy". Insider trading activity has shown more sales than purchases. The company announced its Q2 2025 earnings are expected on July 24, 2025, and a quarterly dividend on July 17, 2025. Recent news includes the introduction of Launched Effects Vehicles and plans to build new rocket motor manufacturing facilities. In July 2025, L3Harris experienced a significant drop in trading volume and a slight stock price decline.
Demand Seasonality affecting L3Harris Technologies, Inc.’s stock price
The available information does not explicitly detail specific demand seasonality for L3Harris Technologies' products and services. Demand for its solutions remains robust, with $23 billion in orders awarded in 2023, contributing to a record backlog of $33 billion. Growth is driven by increasing international demand. The defense industry can be influenced by government spending priorities and geopolitical events, but the consistent demand for mission-critical technologies suggests a relatively stable demand pattern. The company's diverse portfolio helps to mitigate reliance on any single market or seasonal trend.
Overview of L3Harris Technologies, Inc.’s business
L3Harris Technologies, Inc. is a global aerospace and defense technology innovator providing advanced solutions for government and commercial customers. Formed in 2019 from the merger of L3 Technologies and Harris Corporation, the company operates in the defense and aerospace sector, focusing on mission-critical technologies across various domains. The company's business is organized into four main segments: Space & Airborne Systems (SAS) provides solutions in space, airborne, and cyber domains; Integrated Mission Systems (IMS) specializes in ISR, maritime, electro-optical, and defense aviation systems; Communication Systems (CS) offers tactical radio systems, encrypted communication platforms, and satellite communication networks; Aerojet Rocketdyne (AR) provides propulsion, power, and armament products and systems. L3Harris serves a diverse customer base, including the US Department of Defense, NASA, military aircraft manufacturers, commercial airlines, and automotive manufacturers.
LHX’s Geographic footprint
L3Harris Technologies maintains a significant global footprint, operating in over 100 countries with R&D facilities, manufacturing plants, sales offices, and service centers. The company's headquarters are located in Melbourne, Florida, USA. Key international operations focus on delivering mission-critical solutions globally through L3Harris International, established in 2019. The company has a business presence in the Americas, Asia-Pacific, Europe, the Middle East, and Africa.
LHX Corporate Image Assessment
L3Harris Technologies' brand reputation in the past year appears to be generally positive, driven by strong financial performance, strategic acquisitions, and significant contract wins. Strong results for Q2 2024 and the acquisitions of Aerojet Rocketdyne and Viasat's TDL have strengthened its capabilities. Significant contract wins and the successful first flight of L3Harris's Viper Shield electronic warfare suite also enhance its market position. Analyst sentiment remains largely positive, with a "Moderate Buy" consensus. A decline in trading volume and stock price on July 21, 2025, could be perceived negatively.
Ownership
L3Harris Technologies, Inc. has a diverse ownership structure, with institutional investors holding approximately 88.19% of the company's stock. Major institutional owners include Vanguard Group Inc., BlackRock, Inc., Capital World Investors, Price T Rowe Associates Inc /md/, State Street Corp, Wellington Management Group Llp, Wells Fargo & Company/mn, and Geode Capital Management, Llc. Individual investors own approximately 10.51% of the stock, and insiders own about 1.30%.
Ask Our Expert AI Analyst
Price Chart
$276.76
Top Shareholders
Sentiment for LHX
Loading...
Loading...
Loading...