Leonardo DRS, Inc. $DRS Shares Bought by Militia Capital Partners LP

Militia Capital Partners LP boosted its holdings in shares of Leonardo DRS, Inc. (NASDAQ:DRS) by 117.4% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 37,400 shares of the company’s stock after buying an additional 20,200 shares during the quarter. Militia Capital Partners LP’s holdings in Leonardo DRS were worth $1,275,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in DRS. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in Leonardo DRS by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 43,817 shares of the company’s stock worth $1,441,000 after buying an additional 1,922 shares in the last quarter. Millennium Management LLC lifted its holdings in Leonardo DRS by 29.0% during the 1st quarter. Millennium Management LLC now owns 369,749 shares of the company’s stock worth $12,157,000 after buying an additional 83,077 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in Leonardo DRS by 9.4% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 148,474 shares of the company’s stock worth $4,882,000 after buying an additional 12,712 shares in the last quarter. Intech Investment Management LLC lifted its holdings in Leonardo DRS by 18.6% during the 1st quarter. Intech Investment Management LLC now owns 48,560 shares of the company’s stock worth $1,597,000 after buying an additional 7,625 shares in the last quarter. Finally, Acadian Asset Management LLC acquired a new stake in Leonardo DRS during the 1st quarter worth approximately $225,000. 18.76% of the stock is currently owned by institutional investors and hedge funds.

Leonardo DRS Price Performance

Shares of DRS opened at $45.59 on Wednesday. Leonardo DRS, Inc. has a twelve month low of $32.43 and a twelve month high of $50.59. The firm’s fifty day simple moving average is $44.59 and its 200-day simple moving average is $41.56. The firm has a market capitalization of $12.16 billion, a price-to-earnings ratio of 42.61, a PEG ratio of 3.37 and a beta of 0.34. The company has a current ratio of 1.86, a quick ratio of 1.52 and a debt-to-equity ratio of 0.05.

Leonardo DRS (NASDAQ:DRS) last posted its earnings results on Tuesday, May 5th. The company reported $0.26 EPS for the quarter, beating analysts’ consensus estimates of $0.21 by $0.05. The firm had revenue of $846.00 million for the quarter, compared to the consensus estimate of $825.05 million. Leonardo DRS had a net margin of 7.85% and a return on equity of 12.02%. The company’s revenue was up 5.9% on a year-over-year basis. During the same period last year, the firm posted $0.20 EPS. Leonardo DRS has set its FY 2026 guidance at 1.260-1.300 EPS. Equities analysts forecast that Leonardo DRS, Inc. will post 1.3 EPS for the current fiscal year.

Leonardo DRS Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 2nd. Investors of record on Tuesday, May 19th were given a $0.09 dividend. This represents a $0.36 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend was Tuesday, May 19th. Leonardo DRS’s dividend payout ratio (DPR) is 33.64%.

Wall Street Analyst Weigh In

DRS has been the topic of a number of research reports. Morgan Stanley set a $47.00 target price on shares of Leonardo DRS in a report on Wednesday, February 25th. Weiss Ratings upgraded shares of Leonardo DRS from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday, June 5th. Truist Financial upgraded shares of Leonardo DRS to a “strong-buy” rating in a report on Friday, May 1st. Wall Street Zen upgraded shares of Leonardo DRS from a “hold” rating to a “buy” rating in a report on Sunday, May 10th. Finally, Canaccord Genuity Group raised their price objective on shares of Leonardo DRS from $52.00 to $54.00 and gave the company a “buy” rating in a report on Wednesday, May 6th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $52.80.

Insider Transactions at Leonardo DRS

In related news, CFO Michael Dippold sold 8,318 shares of the stock in a transaction on Monday, June 8th. The shares were sold at an average price of $46.48, for a total value of $386,620.64. Following the transaction, the chief financial officer directly owned 55,460 shares of the company’s stock, valued at $2,577,780.80. This trade represents a 13.04% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Reuben Jeffery III bought 25,000 shares of the company’s stock in a transaction that occurred on Tuesday, May 19th. The stock was bought at an average cost of $42.77 per share, for a total transaction of $1,069,250.00. Following the completion of the transaction, the director directly owned 25,000 shares in the company, valued at approximately $1,069,250. The trade was a ∞ increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Over the last three months, insiders sold 61,059 shares of company stock worth $2,816,977. Insiders own 0.25% of the company’s stock.

Leonardo DRS Company Profile

Leonardo DRS is a U.S.-based defense technology company and wholly owned subsidiary of Italy’s Leonardo S.p.A. The firm specializes in developing and integrating mission-critical systems for military and government customers, with a primary focus on command, control, communications, computers, intelligence, surveillance and reconnaissance (C4ISR). Its core offerings encompass advanced sensors, targeting systems, radars and electronic warfare solutions designed to enhance situational awareness and operational effectiveness across land, sea and air domains.

The company’s portfolio includes naval combat management systems, unmanned vehicle sensors, power generation and distribution equipment, and training and simulation solutions.