l3harris technologies is an agile global aerospace and defense technology innovator, delivering end-to-end solutions that meet customers’ mission-critical needs. the company provides advanced defense and commercial technologies across space, air, land, sea and cyber domains. l3harris has approximately $18 billion in annual revenue and 47,000 employees, with customers in more than 100 countries. l3harris.com.
Company profile
Ticker
LHX
Exchange
Website
CEO
William Brown
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
HARRIS CORP /DE/
SEC CIK
Corporate docs
Subsidiaries
(100% direct or indirect ownership by L3Harris Technologies, Inc. • Aerojet International, Inc. • Aerojet Ordnance Tennessee, Inc. • Aerojet Rocketdyne Coleman Aerospace, Inc. • Aerojet Rocketdyne Holdings, Inc. • Aerojet Rocketdyne of DE, Inc. • Aerojet Rocketdyne, Inc. • Airline Placement Limited • ARDE Barinco, Inc. • ARDE, Inc. ...
IRS number
340276860
LHX stock data
Latest filings (excl ownership)
S-8
Registration of securities for employees
1 May 24
10-Q
2024 Q1
Quarterly report
26 Apr 24
8-K
Results of Operations and Financial Condition
25 Apr 24
8-K
Amendments to Articles of Incorporation or Bylaws
23 Apr 24
8-K
Departure of Directors or Certain Officers
10 Apr 24
PX14A6G
Letter to shareholders
29 Mar 24
8-K
Other Events
14 Mar 24
424B5
Prospectus supplement for primary offering
13 Mar 24
FWP
Free writing prospectus
11 Mar 24
424B5
Prospectus supplement for primary offering
11 Mar 24
Transcripts
LHX
Earnings call transcript
2024 Q1
26 Apr 24
LHX
Earnings call transcript
2023 Q4
26 Jan 24
LHX
Earnings call transcript
2023 Q3
27 Oct 23
LHX
Earnings call transcript
2023 Q2
27 Jul 23
LHX
Earnings call transcript
2023 Q1
28 Apr 23
LHX
Earnings call transcript
2022 Q4
27 Jan 23
LHX
Earnings call transcript
2022 Q3
28 Oct 22
LHX
Earnings call transcript
2022 Q2
29 Jul 22
LHX
Earnings call transcript
2022 Q1
29 Apr 22
LHX
Earnings call transcript
2021 Q4
31 Jan 22
Latest ownership filings
Financial summary
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Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Jan 21 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 477.00 mm | 477.00 mm | 477.00 mm | 477.00 mm | 477.00 mm | 477.00 mm |
Cash burn (monthly) | 27.67 mm | 5.67 mm | (no burn) | (no burn) | 34.67 mm | (no burn) |
Cash used (since last report) | 45.92 mm | 9.41 mm | n/a | n/a | 57.54 mm | n/a |
Cash remaining | 431.08 mm | 467.59 mm | n/a | n/a | 419.46 mm | n/a |
Runway (months of cash) | 15.6 | 82.5 | n/a | n/a | 12.1 | n/a |
Institutional ownership, Q4 2023
64.4% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 1031 |
Opened positions | 166 |
Closed positions | 275 |
Increased positions | 363 |
Reduced positions | 343 |
13F shares | Current |
---|---|
Total value | 23.01 tn |
Total shares | 122.06 mm |
Total puts | 31.10 k |
Total calls | 116.90 k |
Total put/call ratio | 0.3 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 20.19 mm | $4.25 tn |
Capital World Investors | 16.06 mm | $3.38 tn |
T. Rowe Price | 9.59 mm | $2.02 bn |
STT State Street | 9.23 mm | $1.94 tn |
WFC Wells Fargo & Co. | 5.15 mm | $1.08 tn |
Wellington Management | 4.42 mm | $930.29 bn |
MS Morgan Stanley | 2.91 mm | $612.63 bn |
FMR | 2.69 mm | $565.70 bn |
Clearbridge Advisors | 2.25 mm | $474.60 bn |
Mizuho Markets Americas | 2.20 mm | $464.35 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
19 Apr 24 | Harry B. Harris Jr | Common Stock, Par Value $1.00 | Grant | Acquire A | No | No | 0 | 924 | 0.00 | 2,779.93 |
19 Apr 24 | Kirk S Hachigian | Common Stock Par Value $1.00 | Grant | Acquire A | No | No | 0 | 924 | 0.00 | 3,218.6 |
19 Apr 24 | Joanna Geraghty | Common Stock, Par Value $1.00 | Grant | Acquire A | No | No | 0 | 924 | 0.00 | 2,651.89 |
19 Apr 24 | Lane Rita S. | Common Stock, Par Value $1.00 | Grant | Acquire A | No | No | 0 | 924 | 0.00 | 6,506 |
News
Peering Into L3Harris Technologies's Recent Short Interest
13 May 24
Wells Fargo Maintains Overweight on L3Harris Technologies, Raises Price Target to $245
7 May 24
JP Morgan Maintains Overweight on L3Harris Technologies, Raises Price Target to $250
1 May 24
Barclays Maintains Overweight on L3Harris Technologies, Raises Price Target to $245
30 Apr 24
RBC Capital Maintains Outperform on L3Harris Technologies, Raises Price Target to $250
29 Apr 24
Press releases
Siyata Mobile YoY Revenues Increase 30%, Report Follows A $2.2 Million Order And Promotional Deal With AT&T FirstNet® For Its SD7 PoC Handset
17 May 24
L3Harris CEO to Present at Bernstein Annual Strategic Decisions Conference
15 May 24
In Play: Siyata Mobile Follows AT&T FirstNet® Deal With A $2.2 Million Order For Its SD7 PoC Handset ($SYTA)
15 May 24
Aerojet Rocketdyne to be Propulsion Provider for the Next Generation Interceptor
14 May 24
L3Harris Technologies Reports Strong First Quarter 2024 Results, Increases 2024 Profitability Guidance
25 Apr 24