The Public Sector Pension Investment Board significantly increased its stake in L3Harris Technologies Inc (NYSE:LHX) by 368.2% in Q3, now owning 66,222 shares valued at approximately $20.23 million. This increase comes as L3Harris reported strong Q3 earnings, surpassing EPS estimates, and raised its quarterly dividend. Insider Samir Mehta, however, sold a substantial portion of his shares, while analysts hold a “Moderate Buy” rating for the stock.
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Public Sector Pension Investment Board Has $20.23 Million Stake in L3Harris Technologies Inc $LHX
The Public Sector Pension Investment Board significantly increased its stake in L3Harris Technologies Inc (NYSE:LHX) by 368.2% in Q3, now owning 66,222 shares valued at approximately $20.23 million. This increase comes as L3Harris reported strong Q3 earnings, surpassing EPS estimates, and raised its quarterly dividend. Insider Samir Mehta, however, sold a substantial portion of his shares, while analysts hold a “Moderate Buy” rating for the stock.