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Melbourne Village Today
By the People, for the People
Bank of Montreal Can Increases Stake in L3Harris Technologies
Asset manager adds 19,626 shares to existing position in defense contractor
Mar. 12, 2026 at 7:21am
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Bank of Montreal Can, a major Canadian asset management firm, increased its stake in L3Harris Technologies Inc. (NYSE: LHX) by 9% during the third quarter of 2025. The firm now owns 238,226 shares of the defense and aerospace company, worth approximately $72.8 million as of the latest SEC filing.
Why it matters
L3Harris Technologies is a leading provider of communications systems, avionics, electronic warfare, and other critical technologies for government and commercial customers. The increase in Bank of Montreal Can's position suggests continued institutional investor confidence in the company's long-term growth prospects.
The details
According to the 13F filing, Bank of Montreal Can purchased an additional 19,626 shares of L3Harris Technologies during the third quarter, bringing its total position to 238,226 shares. This represents approximately 0.13% ownership in the $68 billion defense contractor.
- Bank of Montreal Can filed its 13F report for the third quarter of 2025 on March 12, 2026.
The players
Bank of Montreal Can
A major Canadian asset management firm that oversees over $500 billion in client assets.
L3Harris Technologies Inc.
A leading American aerospace and defense company that provides a wide range of technology solutions for government and commercial customers.
The takeaway
The increased stake by Bank of Montreal Can in L3Harris Technologies reflects ongoing institutional investor confidence in the defense contractor's long-term growth potential, particularly in its core government and military technology businesses.
