L3Harris Technologies Inc. (LHX) is the preferred choice of institutional investors who hold 89% of the company's stock. Morgan Stanley's upgrade of LHX, prompted by Golden Dome Opportunities, has led to increased activity by companies such as Merit Financial Group LLC and Palmetto Grain Brokerage. The defense spending cycle is a factor contributing to the potential re-rating of L3Harris, with much interest surrounding the landmark GMLRS propulsion contract and several other defense tech milestones. A recent $843M contract for missile tracking satellites has reinvigorated faith in the company's stock, seeing investment from companies such as Brookwood Investment Group LLC and Synergy Asset Management LLC. Despite some reductions in holdings by companies like Calamos Advisors LLC, the stock's overall performance remains steady. Major contracts like the $2.26 billion Korea Defense deal and increased capacity in Camden have kept investors' interest high. Positive reports from Morgan Stanley and successful quarterly earnings reports have all helped maintain institutional confidence in L3Harris Technologies. The development of a new spacecraft manufacturing facility and major defense contracts underpin the optimistic outlook towards L3Harris Technologies' market performance. Aquisition of shares by Hudson Bay Capital Management LP and Apollon Wealth Management also suggest strong faith in the company's valuation and financial robustness.
L3harris Technologies LHX News Analytics from Tue, 08 Jul 2025 07:00:00 GMT to Sat, 03 Jan 2026 14:51:42 GMT -
Rating 8
- Innovation 7
- Information 6
- Rumor 5
