Empowered Funds LLC Increases Position in L3Harris Technologies

Investment firm Empowered Funds LLC has adjusted its portfolio by acquiring an additional 3,491 shares of L3Harris Technologies, Inc.. The transaction, disclosed in a recent filing, adds to the firm’s existing exposure to the aerospace and defense contractor.

L3Harris Technologies, Inc. operates as a major prime in the defense sector, providing mission-critical solutions for government and commercial customers globally. The company is organized into three primary reporting segments: Space & Mission Systems (SMS), Communications & Spectrum Dominance (CSD), and Missile Solutions (MSL). These divisions focus on integrated systems and advanced technologies used across various domains.

Currently, shares of L3Harris Technologies, Inc. are trading at $291.82, reflecting a slight increase of 0.28% from the previous close of $291.00. The company holds a market capitalization of approximately $54.14 billion and operates within the Industrials sector, specifically the Aerospace & Defense industry.

What to watch

• Future SEC filings that may detail further changes in institutional ownership.
• Upcoming quarterly earnings reports for revenue and margin performance across the SMS, CSD, and MSL segments.
• Notifications regarding major government contract milestones or program modifications.

Source: original release