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Investing in the Future! Why Taiwan Semiconductor Could Be Your Best BetMONTREAL - A childhood friend of the Quebec man killed in a Florida boat explosion earlier this week says one of the victim’s sisters was among the other six passengers injured in the blast. Thi Cam Nhung Lê says she grew up with Sebastien Gauthier in Quebec City and considered him her best friend. Lê says Gauthier’s older sister was also on the boat in Florida’s Broward County when it exploded and she was taken to a hospital. She says Gauthier’s family was in Florida to celebrate the holidays and that his sudden death feels “unimaginable.” Video posted on social media Monday shows the vessel engulfed in flames following the explosion, with a thick column of black smoke billowing into the sky. The Florida Fish and Wildlife Conservation Commission has confirmed that Gauthier died of his injuries, saying a preliminary investigation shows the 37-foot vessel exploded after its engines were started. Lê remembers Gauthier as someone who was always smiling and says she is waiting for answers about what led to her friend’s death. This report by The Canadian Press was first published Dec. 28, 2024.Middle East latest: Blast rocks Beirut moments after Biden announces Israel-Hezbollah ceasefire
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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