L3Harris Technologies Hits New 52-Week High of $293.94
L3Harris Technologies, Inc. has reached a significant milestone by hitting a new 52-week high of USD 293.94 on September 26, 2025. This achievement underscores the company's strong performance in the aerospace and defense sector, where it operates as a large-cap entity with a market capitalization of USD 51,243 million.Over the past year, L3Harris has demonstrated impressive growth, with a performance increase of 32.58%, significantly outpacing the S&P 500's 15.64% gain during the same period. The company's price-to-earnings (P/E) ratio stands at 27.00, reflecting its valuation in the market. Additionally, L3Harris offers a dividend yield of 1.76%, which may appeal to income-focused investors.
The company's financial health is further illustrated by a debt-to-equity ratio of 0.60 and a return on equity of 9.29%. With a price-to-book ratio of 2.66, L3Harris Technologies continues to solidify its position in the aerospace and defense industry, marking a noteworthy achievement with its recent stock performance.
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