Rokos Capital Management 13F: New $50M Stake in LHX

Rokos Capital Management Takes New Stake in L3Harris

Rokos Capital Management opened a brand-new position in L3Harris Technologies, Inc. (NYSE:LHX) during the period ended May 15, 2026, according to a recent Form 13F filing with the Securities and Exchange Commission. Because 13F filings look backward at portfolio holdings from the end of the reporting quarter, this report reflects the fund's position at that time and may not reflect its current holdings today.

Inside the New Position

The fund started its investment by picking up 172,704 shares of the defense contractor. That new holding carried a reported value of about $50.2 million. Since this is a newly initiated position, the fund held zero shares prior to this filing, meaning there was no prior quarter percentage change to report.

L3Harris Stock Performance

Shares of L3Harris traded hands at $290.59. The company has a forward P/E ratio of 18.2 and a trailing P/E of 25.0. Its 52-week trading range spans from a low of $244.76 up to a high of $379.23, placing the stock well away from its yearly peaks as institutional investors adjust their aerospace and defense exposure.

Recent Earnings

L3Harris reported revenue of $22.9 billion with an 8.4% revenue growth rate. The company posted earnings of $9.89 per share alongside an 8.2% net margin and a 9.3% return on equity. The next earnings report is scheduled for October 29, 2026.

Dividend Profile

The company pays an annual dividend of $5.00 per share, which translates to a dividend yield of 2.0%. That payout is supported by a dividend payout ratio of 49.5%, meaning the firm uses about half of its earnings to reward shareholders.

Analysts Set New Price Targets

Wall Street firms continue to update their views on the stock with recent target revisions. On October 15, 2026, RBC Capital maintained its Sector Perform rating while lowering its price target to $265.00. Bernstein also maintained an Outperform rating on October 14, 2026, setting a $318.00 target. Goldman Sachs holds a Buy rating with a target of $361.00, while TD Cowen maintains a Buy rating with a target of $280.00. Overall, the stock carries a consensus Buy rating and a mean price target of $342.36 across 14 analyst opinions.

What L3Harris Technologies Does

L3Harris Technologies builds mission-critical solutions for government and commercial customers across the globe. The company focuses on space and mission systems, tactical communications, battlefield terminals, and advanced missile technologies. Headquartered in Melbourne, Florida, the firm serves defense departments and civil agencies worldwide.

What to Watch at L3Harris Technologies, Inc.

Investors tracking Rokos Capital Management will need to wait for subsequent SEC filings to see if the fund builds on this initial position or scales back its exposure. The company's upcoming earnings release on October 29 will offer fresh details on its operational growth and profit margins.