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Baxter Bros Invests Heavily in L3Harris Technologies Amid Recent Price Drop

Guavy AI Editorial Team
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Baxter Bros Inc., a financial firm, has invested in L3Harris Technologies Inc. (NYSE:LHX), purchasing 12,962 shares of the company's stock in the second quarter, according to its most recent 13F filing with the SEC.

The total value of this investment is approximately $3.767 million. This new position is just one of many changes in L3Harris Technologies' ownership structure, as other institutional investors have also modified their holdings in the company recently.

Allstate Corp., for example, increased its stake in L3Harris Technologies by 106.7% in the fourth quarter, while Swiss National Bank boosted its holdings by 7.1%. Northwestern Mutual Wealth Management Co. and Atria Investments Inc. also grew their positions in the company during the same period.

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