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Melbourne Village Today
By the People, for the People
Legal & General Group Plc Raises Stake in L3Harris Technologies Inc
The investment firm increased its holdings in the aerospace and defense company by 8.9% in the third quarter.
Mar. 12, 2026 at 10:21am
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Legal & General Group Plc, a major investment management firm, has increased its stake in L3Harris Technologies Inc, a leading aerospace and defense company, by 8.9% during the third quarter of the year. The firm now owns 1,112,548 shares of L3Harris Technologies, representing approximately 0.59% of the company's total outstanding shares.
Why it matters
This move by Legal & General Group Plc, a prominent institutional investor, signals their confidence in L3Harris Technologies' long-term growth potential. The increased stake reflects the firm's belief in the company's ability to navigate the evolving aerospace and defense industry and capitalize on new opportunities.
The details
According to the company's most recent 13F filing with the Securities and Exchange Commission, Legal & General Group Plc purchased an additional 90,509 shares of L3Harris Technologies during the third quarter. This brings the firm's total holdings in the company to 1,112,548 shares, worth approximately $339,783,000 at the end of the quarter.
- Legal & General Group Plc increased its stake in L3Harris Technologies during the third quarter of 2026.
The players
Legal & General Group Plc
A major global investment management firm that has increased its stake in L3Harris Technologies Inc.
L3Harris Technologies Inc
An American aerospace and defense company that designs, manufactures, and supports a broad range of technology solutions for government and commercial customers.
The takeaway
The increased investment by Legal & General Group Plc in L3Harris Technologies reflects the firm's confidence in the aerospace and defense company's long-term growth prospects. This move highlights the continued interest and investment in the sector from major institutional investors.
