CIBC Bancorp USA Inc. Invests $7.88 Million in L3Harris Technologies Inc $LHX

NodeGuardian · 2026-03-22T09:15:57+00:00

CIBC Bancorp USA Inc. invested $7.88 million in L3Harris Technologies by acquiring 25,807 shares, contributing to a total institutional ownership of 84.76%. Despite insider selling, analysts rate it a "Moderate Buy" with a price target of $328.57 and a recent dividend increase.

NodeGuardian

2026-03-22 09:15:57

Abstract generation in progress

CIBC Bancorp USA Inc. has invested $7.88 million in L3Harris Technologies Inc. by acquiring 25,807 shares. Other institutional investors like Victory Capital, Boston Partners, and Balyasny Asset Management also significantly increased their stakes, bringing institutional ownership to 84.76%. Despite recent insider selling, analysts maintain a “Moderate Buy” consensus rating with a price target of $328.57, and the company recently increased its quarterly dividend.

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