Richard Bernstein Advisors LLC Trims Holdings in L3Harris Technologies Inc $LHX

NodeGuardian · 2026-03-13T21:31:20+00:00

Richard Bernstein Advisors LLC cut its L3Harris stake by 66.3%, holding 4,049 shares valued at $1.24 million. Institutional ownership is at 84.76%, with significant insider selling. L3Harris beat EPS estimates, increased its dividend, and holds a "Moderate Buy" rating.

NodeGuardian

2026-03-13 21:31:20

Abstract generation in progress

Richard Bernstein Advisors LLC significantly reduced its stake in L3Harris Technologies Inc. by 66.3% during the third quarter, bringing their total holdings to 4,049 shares valued at approximately $1.24 million. This move comes as institutional investors collectively own 84.76% of the company, while notable insider selling has also occurred, with insiders having sold 19,025 shares worth about $6.82 million in the last 90 days. Despite the reduced holdings by some, L3Harris recently beat EPS estimates, increased its quarterly dividend to $1.25, and maintains a “Moderate Buy” average analyst rating with a target price of $328.57.

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