L3Harris Technologies Institutional Ownership Insights: Institutions Hold 89% of Shares, with 11 Investors Having Majority Stake

Institutional investors own 89% of L3Harris Technologies, with 11 investors holding a majority stake. The company gained $1.6 billion in market cap last week, and insiders have recently sold shares. Institutional investors have significant influence over the company's share price and may have a strong impact on board decisions.

L3Harris Technologies (NYSE: LHX) has seen a significant shift in its ownership structure, with institutional investors now holding 89% of the company's shares. According to recent filings, 11 investors hold a majority stake, exerting substantial influence over the company's share price and potential board decisions [1].

The company's market capitalization gained $1.6 billion last week, reflecting a robust performance driven by strong earnings and strategic partnerships. L3Harris Technologies reported quarterly earnings of $2.78 per share, exceeding estimates, with revenues of $5.43 billion for the quarter. This performance has been bolstered by recent analyst upgrades, with several firms raising their price targets and issuing "buy" ratings [2].

In addition to the strong earnings, L3Harris Technologies has also announced a new partnership with Joby Aviation, focusing on the development of a hybrid VTOL aircraft for military use. This strategic alliance, along with the company's ongoing capital returns through share repurchases, indicates a commitment to growth and operational efficiency [2].

However, the company's exposure to U.S. government budget constraints, particularly in the space and missile segments, remains a significant risk. Despite this, the upward revision of 2025 revenue guidance to $21.75 billion signals management's confidence in the company's backlog strength and improved margins [2].

Recent insider activity also provides insights into the company's internal sentiment. Edward J. Zoiss sold 2,000 shares, and CEO Christopher E. Kubasik sold 72,000 shares, indicating a potential shift in insider ownership [1]. These transactions, totaling 107,061 shares over the last three months, represent a 0.72% decrease in insider ownership, suggesting a cautious approach to the current market conditions.

In conclusion, L3Harris Technologies continues to demonstrate strong financial performance and strategic initiatives. However, the company's dependence on U.S. government procurement and the influence of institutional investors will be key factors to watch in the coming quarters.

References:
[1] https://www.marketbeat.com/instant-alerts/filing-cooper-haims-advisors-llc-buys-shares-of-1169-l3harris-technologies-inc-nyselhx-2025-08-04/
[2] https://simplywall.st/stocks/us/capital-goods/nyse-lhx/l3harris-technologies/news/will-upbeat-earnings-raised-guidance-and-joby-partnership-ch