L3Harris Technologies Surges to 139th Most Traded Stock with $632 Million Turnover

On May 21, 2025, L3Harris Technologies (LHX) experienced a significant surge in trading volume, with a turnover of $632 million, marking a 161.51% increase from the previous day. This substantial rise in trading activity positioned L3Harris as the 139th most traded stock of the day. The company's stock price also saw a modest increase of 0.77%.

L3Harris Technologies is poised to play a pivotal role in President Trump's $175 billion Golden Dome project, which focuses on missile defense. This involvement has sparked investor interest, contributing to the recent rise in LHX stock. The Golden Dome initiative aims to enhance the nation's defense capabilities, and L3Harris's expertise in electronic warfare and satellite technology makes it a key player in this endeavor.

Analysts have shown strong confidence in L3Harris Technologies, with a consensus rating of "Strong Buy." This rating is based on 13 analyst evaluations, with 10 recommending a buy, 3 holding, and none suggesting a sell. The average 12-month price target for LHX stock is $248.38, indicating potential upside from its current price of $230.82. This positive outlook, coupled with the company's dividend yield of 2.03%, makes LHX an attractive option for investors seeking both growth and income.