L3Harris Technologies Inc $LHX Shares Newly Purchased by Freemont Management S.A.

Freemont Management S.A. recently acquired 40,000 shares of L3Harris Technologies Inc (NYSE:LHX), valued at approximately $9.47 million, making it their third-largest holding. L3Harris reported strong quarterly results, exceeding analyst expectations with adjusted earnings of $3.28 per share and revenue of $6.07 billion, marking a 7.1% year-over-year increase. The company also declared a quarterly dividend of $1.25 per share, and analysts maintain a "Moderate Buy" rating with an average price target of $345.60.