Mondrian Investment Partners 13F: Cuts LHX Stake by $1.6M

Mondrian Investment Partners trimmed its stake in L3Harris Technologies, Inc. (NYSE:LHX) by 6,925 shares during the period, according to a Form 13F filed with the SEC on October 23, 2026. The institutional investor held 255,870 shares of the aerospace and defense firm at the close of the period, down from 262,795 shares previously. The remaining holdings carried a reported value of $60,584,899.

LHX L3Harris Technologies, Inc.

$253.97 ▼ -15.56% year to date

1M 3M YTD

Daily close · Oct 23, 2026

What Changed in Mondrian Investment Partners's L3Harris Position

Mondrian pared back its exposure to the aerospace and defense firm by 2.6%, cutting 6,925 shares from its prior total of 262,795 shares. The resulting stake of 255,870 shares was valued at roughly $60.5 million at the time of the filing. Institutional filings provide a look at portfolio adjustments after a quarter concludes, capturing how major managers position themselves across large industrial names.

Other Institutional Activity in L3Harris Technologies

Other large funds also made notable adjustments to their L3Harris shares. Moran Wealth Management sold out of its position entirely, parting with 11,696 shares to end with zero shares valued at $0. Wilmington Savings Fund Society, FSB boosted its holdings by 14,075 shares, growing its position to 17,584 shares worth about $4.1 million. Wells Fargo & Company trimmed its position by 124,691 shares, ending the period with 4,510,672 shares valued at roughly $1.1 billion. Meanwhile, Rokos Capital Management initiated exposure by holding 172,704 shares valued at about $50.1 million.

L3Harris Technologies, Inc. Stock Up 2.6%

L3Harris recently traded around $253.97 as of October 24, 2026, matching its close of $253.97 on the filing date. The stock sits below its 52-week high of $379.23 and above its low of $232.34. Shares are trading slightly above their 50-day moving average of $251.72 but remain below their 200-day moving average of $306.81.

Recent Earnings

L3Harris reported trailing twelve-month revenue of $22.9 billion alongside an EPS of $9.92. The company posted a net profit margin of 8.2% and a return on equity of 9.3%. Investors look ahead to the next earnings report scheduled for October 29, 2026.

Dividend

The company distributes an annual dividend rate of $5.00 per share, which translates to a dividend yield of 1.97%. The payout ratio stands at 49.4% of earnings.

Insider Buying and Selling at L3Harris Technologies, Inc.

Company insiders executed several sales earlier in the year. Officer Jon Rambeau sold 5,528 shares on March 2, 2026, at an average price of $370.32 for a total value of about $2.0 million. Officer Samir Mehta sold 5,528 shares on the same date at $370.32 per share, totaling roughly $2.0 million. Officer Melanie Rakita sold 3,129 shares on March 2, 2026, worth about $1.0 million, and later sold 2,180 shares on May 5, 2026, at $310.45 per share for a total of $676,781.

Analysts Set New Price Targets

Wall Street firms updated their views on the stock ahead of the filing. On September 23, 2026, Bernstein maintained its Outperform rating while lowering its target from $365 to $346. TD Cowen maintained a Buy rating on October 9, 2026, adjusting its target from $370 to $280. Goldman Sachs maintained a Buy rating on October 12, 2026, lowering its target from $405 to $361. Bernstein issued another update on October 14, 2026, keeping an Outperform rating with a lowered target of $318. RBC Capital maintained a Sector Perform rating on October 15, 2026, trimming its target from $310 to $265. Analysts maintain a consensus buy rating with a mean price target of $316.65 across 17 opinions.

About L3Harris Technologies

Headquartered in Melbourne, Florida, L3Harris Technologies builds mission-critical systems for government and commercial clients. The company operates through three core divisions focused on space payloads, communications gear, and missile support programs. Its technologies serve vital defense, intelligence, and civil aviation needs worldwide.

Bottom Line

Mondrian's reduction sits alongside broader institutional rebalancing in the aerospace sector. Market participants will review upcoming financial results and filing updates for further direction.