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Concurrent Investment Advisors LLC Raises Stock Holdings in L3Harris Technologies Inc $LHX
Concurrent Investment Advisors LLC increased its holdings in L3Harris Technologies Inc. by 30.5% in the fourth quarter, now owning shares valued at $11.537 million. Despite institutional ownership of 84.76%, company insiders sold 19,025 shares worth $6.824 million, reducing their ownership to 0.68%. Key positive catalysts for L3Harris include a $1 billion strategic investment in its Missile Solutions business, a declared quarterly dividend of $1.25 per share, and multiple analyst upgrades leading to a “Moderate Buy” rating with an average target price near $349.55.