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Is the NORAD Santa tracker safe from a government shutdown?L3Harris Technologies, Inc. ( NYSE:LHX – Get Free Report ) insider Ross Niebergall sold 1,764 shares of L3Harris Technologies stock in a transaction that occurred on Monday, December 23rd. The shares were sold at an average price of $213.65, for a total value of $376,878.60. Following the completion of the sale, the insider now directly owns 6,812 shares in the company, valued at approximately $1,455,383.80. This represents a 20.57 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website . Ross Niebergall also recently made the following trade(s): L3Harris Technologies Stock Performance NYSE LHX opened at $212.37 on Friday. L3Harris Technologies, Inc. has a 12-month low of $200.18 and a 12-month high of $265.74. The firm has a 50-day moving average price of $238.96 and a two-hundred day moving average price of $234.22. The company has a market capitalization of $40.28 billion, a P/E ratio of 33.55, a P/E/G ratio of 1.91 and a beta of 0.72. The company has a quick ratio of 0.87, a current ratio of 1.04 and a debt-to-equity ratio of 0.58. L3Harris Technologies Dividend Announcement The company also recently declared a quarterly dividend, which was paid on Friday, December 6th. Stockholders of record on Monday, November 18th were issued a dividend of $1.16 per share. This represents a $4.64 dividend on an annualized basis and a dividend yield of 2.18%. The ex-dividend date of this dividend was Monday, November 18th. L3Harris Technologies’s dividend payout ratio (DPR) is presently 73.30%. Wall Street Analyst Weigh In Several equities research analysts recently issued reports on the stock. Wells Fargo & Company cut their target price on shares of L3Harris Technologies from $295.00 to $287.00 and set an “overweight” rating for the company in a research note on Wednesday, December 11th. Argus raised L3Harris Technologies from a “hold” rating to a “buy” rating and set a $300.00 price objective for the company in a research report on Tuesday, November 26th. Truist Financial boosted their target price on L3Harris Technologies from $293.00 to $300.00 and gave the stock a “buy” rating in a report on Monday, October 28th. Deutsche Bank Aktiengesellschaft dropped their price target on L3Harris Technologies from $252.00 to $250.00 and set a “hold” rating on the stock in a research note on Thursday, October 3rd. Finally, StockNews.com upgraded shares of L3Harris Technologies from a “hold” rating to a “buy” rating in a report on Monday, October 28th. Four investment analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. According to MarketBeat.com, L3Harris Technologies has a consensus rating of “Moderate Buy” and a consensus target price of $269.13. Read Our Latest Stock Report on L3Harris Technologies Hedge Funds Weigh In On L3Harris Technologies Hedge funds and other institutional investors have recently modified their holdings of the business. Harbour Investments Inc. increased its holdings in shares of L3Harris Technologies by 11.8% during the second quarter. Harbour Investments Inc. now owns 1,505 shares of the company’s stock worth $338,000 after buying an additional 159 shares in the last quarter. Strategic Blueprint LLC acquired a new position in shares of L3Harris Technologies during the second quarter valued at about $245,000. Whittier Trust Co. increased its stake in L3Harris Technologies by 42.5% during the 2nd quarter. Whittier Trust Co. now owns 1,164 shares of the company’s stock valued at $261,000 after purchasing an additional 347 shares in the last quarter. Arkadios Wealth Advisors raised its stake in shares of L3Harris Technologies by 27.6% in the second quarter. Arkadios Wealth Advisors now owns 1,345 shares of the company’s stock worth $302,000 after purchasing an additional 291 shares during the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in L3Harris Technologies by 12.5% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 56,438 shares of the company’s stock worth $12,675,000 after purchasing an additional 6,256 shares during the last quarter. Institutional investors own 84.76% of the company’s stock. L3Harris Technologies Company Profile ( Get Free Report ) L3Harris Technologies, Inc provides mission-critical solutions for government and commercial customers worldwide. The company's Integrated Mission Systems segment provides intelligence, surveillance, and reconnaissance (ISR) systems, passive sensing and targeting, electronic attack, autonomy, power and communications, and networks and sensors, as well as advanced combat systems for air, land, and sea sectors. 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Apple is facing backlash over one of its new Apple Intelligence features in iOS 18.2 . The feature meant to summarize iPhone notifications inaccurately summarized some news alerts. Nonprofit Reporters Without Borders has called for Apple to remove the generative AI feature. Apple is facing backlash over one of its newest generative AI features . Advertisement The feature, available in the latest iOS 18.2 update, summarizes groups of notifications from an app on a user's iPhone to give them a quick rundown of what they missed at a glance. Users, however, have pointed out at least two instances of it providing inaccurate information when attempting to summarize notifications from news organizations. Advertisement In one case, the summary falsely claimed the BBC reported that Luigi Mangione , the suspect in the killing of UnitedHealthcare CEO Brian Thompson, had killed himself. Mangione is alive and was extradited to New York on Thursday . In another instance, the feature wrongly summarized a New York Times article to say that Israeli Prime Minister Benjamin Netanyahu had been arrested. The NYT article actually reported that the International Criminal Court had issued a warrant for Netanyahu's arrest, not that he had been arrested. The nonprofit Reporters Without Borders has called on Apple to remove the feature. Advertisement "AIs are probability machines, and facts can't be decided by a roll of the dice," said Vincent Berthier, the head of the group's technology and journalism desk, in a public statement this week. "The automated production of false information attributed to a media outlet is a blow to the outlet's credibility and a danger to the public's right to reliable information on current affairs." Apple, the BBC, the NYT, and Reporters Without Borders did not immediately respond to requests for comment from Business Insider. A spokesperson from the BBC previously said the organization has filed a complaint with Apple "to raise this concern and fix the problem." Advertisement "It is essential to us that our audiences can trust any information or journalism published in our name and that includes notifications," the spokesperson previously said.