NORTHSTAR ASSET MANAGEMENT Trims L3Harris Technologies Stake

Institutional investor reduces position in defense and aerospace company by over 20%

Apr. 19, 2026 at 12:04pm

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A photorealistic studio photograph of a polished metal model of a satellite or aerospace component, floating on a clean, monochromatic background and illuminated by dramatic studio lighting, representing the advanced technologies of the defense and aerospace sector.A sleek, high-tech aerospace component symbolizes the advanced technologies driving the defense and aerospace industry.Melbourne Village Today

NORTHSTAR ASSET MANAGEMENT Co, a major institutional investor, decreased its stake in L3Harris Technologies Inc (NYSE:LHX) by 21.4% in the fourth quarter of 2025, according to a recent 13F filing with the SEC. The firm now holds 5,300 shares of the defense and aerospace company's stock, valued at $1.56 million.

Why it matters

L3Harris Technologies is a leading provider of advanced technologies for the defense, intelligence and public safety sectors. Changes in institutional ownership of the company's stock can signal shifts in market sentiment and investment trends within the broader aerospace and defense industry.

The details

NORTHSTAR ASSET MANAGEMENT Co sold 1,440 shares of L3Harris Technologies during the fourth quarter, reducing its total position to 5,300 shares. The firm cited portfolio rebalancing and risk management as reasons for the stock sale. L3Harris Technologies' share price has fluctuated in recent months amid broader market volatility and shifting defense spending priorities.

  • NORTHSTAR ASSET MANAGEMENT Co filed its 13F report for the fourth quarter of 2025 on April 19, 2026.
  • The firm's position change occurred between October 1 and December 31, 2025.

The players

NORTHSTAR ASSET MANAGEMENT Co

A major institutional investor that manages a diversified portfolio of stocks, bonds and other assets.

L3Harris Technologies Inc

An American aerospace and defense company that provides a wide range of technology solutions for government and commercial customers, with a focus on defense, intelligence and public safety applications.

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The takeaway

This report on NORTHSTAR ASSET MANAGEMENT's reduced stake in L3Harris Technologies provides insight into how major investors are positioning themselves within the defense and aerospace sector amid evolving market conditions and shifting priorities.