Moran Wealth Management 13F: Exits LHX Stake

Moran Wealth Management completely closed out its holdings in L3Harris Technologies, Inc. LHX, shedding all 11,696 shares it previously owned according to a Form 13F filing with the SEC on October 22, 2026.

LHX L3Harris Technologies, Inc.

$254.23 ▼ -15.47% year to date

1M 3M YTD

Daily close · Oct 22, 2026

Inside Moran Wealth Management's L3Harris Technologies, Inc. Trade

The firm sold out of its entire stake, reducing its share count from 11,696 shares down to zero. The portfolio change reflects a complete exit from the aerospace and defense company.

Other Institutional Activity in L3Harris Technologies, Inc.

Other large institutional investors adjusted their positions in the aerospace firm around the same periods. Rokos Capital Management picked up 172,704 shares to finish with a stake totaling 172,704 shares worth about $50.19 million in a report filed on May 15, 2026. Meanwhile, Wells Fargo & Company trimmed its holdings by 124,691 shares, ending the period with 4,510,672 shares valued at roughly $1.15 billion in a filing dated June 30, 2026.

L3Harris Technologies, Inc. Stock Up 1.3%

Shares of L3Harris Technologies, Inc. LHX recently traded around $250.66 as of October 23, 2026, sitting down about 1.4% compared to the stock's $254.23 close on the filing date. The shares sit below both their 50-day moving average of $251.72 and their 200-day moving average of $306.81, while trading between a 52-week low of $232.34 and a 52-week high of $379.23.

Recent Earnings

The enterprise generated $22.93 billion in trailing-twelve-month revenue alongside basic trailing earnings of $9.92 per share. The company posted an 8.4% year-over-year revenue growth rate alongside a net profit margin of 8.2% and an equity return of 9.3%. L3Harris Technologies, Inc. scheduled its next earnings release for October 29, 2026.

Dividend

Stockholders receive an annual dividend rate of $5.00 per share, giving the stock a dividend yield of 1.97% based on recent pricing. The payout ratio sits at 49.4% of earnings.

Insider Buying and Selling at L3Harris Technologies, Inc.

Company insiders executed several stock sales earlier in the year. Officer Jon Rambeau sold 5,528 shares at $370.32 per share for a total value of $2,047,129 on March 2, 2026. Officer Samir Mehta also parted with 5,528 shares at $370.32 apiece totaling $2,047,129 on March 2, 2026. Officer Melanie Rakita sold 3,129 shares valued at $1,090,078 on March 2, 2026, followed by another sale of 2,180 shares at $310.45 per share for a total of $676,781 on May 5, 2026.

Analysts Set New Price Targets

Wall Street firms updated their views on the aerospace stock through September and October 2026. On September 23, 2026, Bernstein maintained its Outperform rating while lowering its target from $365.00 to $346.00. TD Cowen kept a Buy rating on October 9, 2026, while adjusting its target from $370.00 down to $280.00. Goldman Sachs maintained a Buy rating on October 12, 2026, moving its price target from $405.00 down to $361.00. Bernstein issued another update on October 14, 2026, keeping an Outperform rating and lowering the target to $318.00 from $346.00. RBC Capital maintained a Sector Perform rating on October 15, 2026, while reducing its target from $310.00 to $265.00. Overall, the company carries a consensus buy recommendation from 17 analysts with a mean price target of $316.65.

About L3Harris Technologies, Inc.

L3Harris Technologies, Inc. builds mission-critical technology for commercial and government clients, specializing in space payloads, communication systems, and missile defense architectures across global markets. The Melbourne, Florida-based defense contractor operates multiple segments covering satellite integration, communications dominance, and tactical missile solutions.

Bottom Line

Investors will look to the upcoming earnings report on October 29, 2026, for fresh details on operational margins and segment growth. Future institutional filings will clarify whether other wealth managers follow Moran Wealth Management in shifting capital away from the defense sector.