L3Harris Technologies, Inc. (LHX)
Industrials · Aerospace & Defense · Data as of 2026-10-22
Bottom line
LHX is trading near its usual valuation, near its historical support zone, and recent volume suggests money flowing in. Historically, this combination has been a favourable starting point for further research. Past patterns are not a guarantee of future results.
Valuation — Cheap-looking, with quality flags (Yellow)
LHX trades at 24× earnings, below its own 5-year average of 34× and roughly in line with similar industrials companies we track (28×, 74 peers). Historically this has been on the cheaper side for the stock. It also generates strong cash: a free-cash-flow yield of about 6%. Growth is slower than its 3-year pace, which deserves some caution. Its current multiple sits around the 7th percentile of its own last five years — toward the low end of its own range.
Quality check: revenue growth has stalled at about 3% a year (3-year pace about 9%; analysts expect about 7% next year), while the multiple sits at the low end of its own history. That combination can mean the market is pricing a slower business rather than offering a bargain.
Price zones — Near its historical support zone (Green)
At $254.23, the stock is close to the lower end of its recent range. Over the past year LHX has traded between $232.34 and $379.23; its historical support zone sits near $251.72 and resistance near $306.81. It is above one of its moving averages and below the other — a mixed trend picture.
52-week range $232.34–$379.23 · 50-day average $251.72 · 200-day average $306.81
Money flow — Money is flowing in (Green)
Recent trading in LHX shows more volume on rising days than falling days, a pattern often described as accumulation. Volume on up days has been about 1.3× volume on down days over the last 30 sessions.
Dividends & company facts
LHX paid $4.95 a share in dividends over the past year — 1.9% of today's price — and has raised it in each of the last five years. It returned more through buybacks: $1.2 billion in fiscal 2025, about 2.5% of its market value.
- Dividend yield (12 months)
- 1.95%
- Paid over 12 months
- $4.95 a share
- Payout ratio
- 49.1%
- Buybacks
- 2.54% (fiscal 2025)
- Shares, past year
- +0.2%
- Revenue, 12 months
- $22.9B
- Profit, 12 months
- $1.9B
- Employees
- 45,000
- CEO
- Sam Mehta
- Headquarters
- Melbourne Florida, FL
- Listed since
- 1981 · NYSE
About the company
L3Harris Technologies, Inc. is a prominent technology firm specializing in aerospace and defense, delivering vital, high-stakes solutions to governmental and commercial clients across the globe. Its diverse operations are organized into several key segments: The Integrated Mission Systems division is responsible for providing versatile intelligence, surveillance, and reconnaissance (ISR) platforms, alongside various communication technologies.
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一句话结论
LHX 估值接近其惯常水平，接近其历史支撑区，近期成交量显示资金正在流入。从历史来看，这样的组合是一个值得进一步研究的有利起点。过去的形态并不能保证未来的结果。
估值 — 看似便宜，但有质量警示
LHX 目前的市盈率为 24×，低于其自身 5 年平均的 34×，并且大致持平于我们追踪的同类Industrials公司（28×，74 家）。从历史来看，这属于该股较便宜的一侧。它同时产生充沛的现金：自由现金流收益率约为 6%。增速已慢于其 3 年的平均步伐，这一点值得留意。它当前的估值倍数大约位于自身过去五年分布的第 7 百分位——处于自身区间的偏低位置。
质量核对：营收增长几乎停滞，每年仅约 3%（3 年平均步伐约为 9%；分析师预期明年约为 7%），而估值倍数正处于自身历史的低位。这样的组合可能意味着市场在为一个增长更慢的业务定价，而不是在给出便宜的价格。
价格区间 — 接近其历史支撑区
目前价格为 $254.23，接近其近期区间的下沿。过去一年 LHX 的价格在 $232.34 到 $379.23 之间波动；其历史支撑区在 $251.72 附近，阻力区在 $306.81 附近。它位于其中一条均线上方、另一条下方——趋势信号并不一致。
资金流向 — 资金正在流入
LHX 近期上涨日的成交量高于下跌日，这种形态常被称为吸筹。过去 30 个交易日，上涨日的成交量约为下跌日的 1.3×。
股息与公司概况
LHX 过去一年每股派息 4.95 美元，相当于当前股价的 1.9%，过去五年每年都有上调。它通过回购返还了更多：2025 财年回购 11.5亿美元，约占市值的 2.5%。
UnderTheLight 用直白的语言解释股票——估值、价格区间与资金流向。它只描述数据，不构成任何投资建议。
UnderTheLight explains stocks in plain English — valuation, price zones and money flow as traffic lights, recomputed nightly. It describes data; it is not investment advice and never recommends a trade.