L3Harris Technologies Inc vs Progressive Corp — how do they compare? L3Harris Technologies Inc trades at $288.59 (market cap $53.26B), while Progressive Corp trades at $208.41 (market cap $123.45B). The key difference: Progressive Corp is far larger — about 2.3× L3Harris Technologies Inc's market cap, and Progressive Corp pays the higher dividend (6.55%). Which is the better fit depends on your goals.
| LHX | PGR | |
|---|---|---|
Market Cap | $53.26B | $123.45B |
Sector | Industrials | Financials |
52-Week High | $378.48 | $252.68 |
52-Week Low | $270.21 | $190.40 |
Enterprise Value | $63.71B | $131.66B |
Dividend Yield | 1.75% | 6.55% |
Signals from Pluang's Aura AI — not financial advice
LHX trades at $285.18, down 1.57% today, with strong fundamental performance including three consecutive quarterly EPS beats and record $42 billion backlog. The company shows improving profitability with net margin expanding to 8.11% in 2026 projections. Recent defense contract wins and successful missile tests highlight operational momentum, though technical indicators show bearish pressure with price below key resistance levels.
LHX presents a compelling investment case with strong defense sector positioning, consistent earnings outperformance, and 72.7% analyst buy ratings targeting $319.33. Key risks include defense budget volatility and execution challenges in scaling production. The stock offers 12% upside to consensus target with dividend yield support, though near-term technical weakness requires monitoring.
PGR trades at $208.28, down 2.65% on the day, with a bearish technical signal. The stock shows strong fundamentals with a P/E of 10.65, net income margin of 12.85%, and robust revenue growth from $49.6B in 2022 to $87.6B in 2025. Recent Q2 2026 earnings beat expectations at $4.85 EPS, though Q1 2026 missed. Analyst consensus is a buy with a $231.20 price target, but technical indicators suggest near-term caution.
Outlook remains positive due to solid profitability and growth, but risks include competitive pressures and potential margin compression. The stock offers value at current levels with upside to analyst targets, though investors should monitor execution on growth initiatives and industry dynamics.
Trailing returns across standard periods
Latest headlines on both assets
L3Harris Technologies was created in 2019 from the merger of L3 Technologies and Harris, two defense contractors that provide products for the command, control, communications, computers, intelligence, surveillance, and reconnaissance (C4ISR) market. The firm also has smaller operations serving the civil government, particularly the Federal Aviation Administration's communication infrastructure, and produces various avionics for defense and commercial aviation.
Read more on LHX →Progressive underwrites private and commercial auto insurance and specialty lines
Read more on PGR →