Pacer Advisors Maintains $4.66 Million Stake in L3Harris Technologies

Investment firm Pacer Advisors Inc. reported holding a position valued at $4.66 million in L3Harris Technologies, Inc. at the close of the most recent filing period. The disclosure, noted in a regulatory filing, highlights the firm’s continued investment in the aerospace and defense prime contractor.

L3Harris Technologies, Inc. provides mission-critical solutions for government and commercial customers worldwide. The company operates through three primary business segments: Space & Mission Systems (SMS), Communications & Spectrum Dominance (CSD), and Missile Solutions (MSL). The SMS segment focuses on integrating advanced systems for space and maritime missions.

Shares of L3Harris Technologies are currently trading at $289.53. The stock experienced a slight decline today, down 0.59% from the previous close of $291.24. The company holds a market capitalization of approximately $53.28 billion and operates within the Industrials sector.

What to watch

• Upcoming quarterly earnings release and financial guidance.
• Contract milestones regarding the Space & Mission Systems and Missile Solutions segments.
• Future 13F filings to indicate changes in institutional ownership.

Source: original release