TrueWealth Advisors LLC Invests $690,000 in Kratos Defense & Security Solutions, Inc. $KTOS

TrueWealth Advisors LLC acquired a new position in shares of Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) in the 2nd quarter, HoldingsChannel.com reports. The institutional investor acquired 14,844 shares of the aerospace company’s stock, valued at approximately $690,000.

Several other large investors also recently modified their holdings of the company. Vanguard Group Inc. grew its holdings in Kratos Defense & Security Solutions by 11.7% in the first quarter. Vanguard Group Inc. now owns 16,447,687 shares of the aerospace company’s stock worth $488,332,000 after purchasing an additional 1,728,179 shares during the period. Nuveen LLC acquired a new stake in Kratos Defense & Security Solutions in the first quarter worth $41,118,000. Voya Investment Management LLC grew its holdings in Kratos Defense & Security Solutions by 129.2% in the first quarter. Voya Investment Management LLC now owns 2,163,223 shares of the aerospace company’s stock worth $64,226,000 after purchasing an additional 1,219,585 shares during the period. Invesco Ltd. grew its holdings in Kratos Defense & Security Solutions by 75.2% in the first quarter. Invesco Ltd. now owns 2,402,444 shares of the aerospace company’s stock worth $71,329,000 after purchasing an additional 1,031,223 shares during the period. Finally, Principal Financial Group Inc. grew its holdings in Kratos Defense & Security Solutions by 9,709.0% in the first quarter. Principal Financial Group Inc. now owns 997,578 shares of the aerospace company’s stock worth $29,618,000 after purchasing an additional 987,408 shares during the period. 75.92% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

KTOS has been the subject of a number of research reports. Citigroup restated a “market outperform” rating on shares of Kratos Defense & Security Solutions in a report on Tuesday, July 22nd. The Goldman Sachs Group raised shares of Kratos Defense & Security Solutions from a “neutral” rating to a “buy” rating and set a $52.00 price objective on the stock in a research note on Monday, June 30th. Wall Street Zen lowered shares of Kratos Defense & Security Solutions from a “hold” rating to a “sell” rating in a research note on Thursday, May 22nd. Truist Financial raised their price objective on shares of Kratos Defense & Security Solutions from $38.00 to $52.00 and gave the company a “buy” rating in a research note on Friday, June 27th. Finally, BTIG Research raised shares of Kratos Defense & Security Solutions from a “neutral” rating to a “buy” rating and set a $80.00 price objective on the stock in a research note on Thursday, August 14th. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $57.64.

Kratos Defense & Security Solutions Stock Up 2.3%

KTOS opened at $69.20 on Friday. The company has a debt-to-equity ratio of 0.12, a current ratio of 4.43 and a quick ratio of 3.88. The company’s 50-day moving average is $61.07 and its 200 day moving average is $43.94. Kratos Defense & Security Solutions, Inc. has a fifty-two week low of $21.78 and a fifty-two week high of $72.70. The firm has a market capitalization of $11.68 billion, a P/E ratio of 692.07 and a beta of 1.05.

Kratos Defense & Security Solutions (NASDAQ:KTOS) last released its quarterly earnings results on Thursday, August 7th. The aerospace company reported $0.11 earnings per share for the quarter, beating analysts’ consensus estimates of $0.09 by $0.02. Kratos Defense & Security Solutions had a net margin of 1.20% and a return on equity of 3.10%. The company had revenue of $351.50 million for the quarter, compared to analyst estimates of $305.67 million. During the same period last year, the firm earned $0.14 earnings per share. The firm’s revenue was up 17.1% on a year-over-year basis. Kratos Defense & Security Solutions has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. Research analysts expect that Kratos Defense & Security Solutions, Inc. will post 0.31 earnings per share for the current fiscal year.

Insider Activity at Kratos Defense & Security Solutions

In other Kratos Defense & Security Solutions news, insider Phillip D. Carrai sold 6,000 shares of Kratos Defense & Security Solutions stock in a transaction dated Tuesday, July 15th. The shares were sold at an average price of $51.42, for a total value of $308,520.00. Following the sale, the insider owned 270,104 shares of the company’s stock, valued at approximately $13,888,747.68. The trade was a 2.17% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Deanna H. Lund sold 5,000 shares of Kratos Defense & Security Solutions stock in a transaction dated Tuesday, August 19th. The stock was sold at an average price of $65.10, for a total transaction of $325,500.00. Following the completion of the sale, the chief financial officer directly owned 313,327 shares in the company, valued at approximately $20,397,587.70. This represents a 1.57% decrease in their position. The disclosure for this sale can be found here. Insiders sold 68,177 shares of company stock valued at $3,876,673 over the last three months. Insiders own 2.37% of the company’s stock.

Kratos Defense & Security Solutions Company Profile

Kratos Defense & Security Solutions, Inc engages in the provision of mission critical products, services and solutions for United States national security priorities. It operates through the Kratos Government Solutions (KGS) and Unmanned Systems (US) segments. The KGS segment consists of an aggregation of KGS operating segments, including microwave electronic products, space, satellite and cyber, training solutions.