Key Points
- Director Reuben Jeffery III bought 25,000 shares of Leonardo DRS at an average price of $42.77 per share, totaling about $1.07 million. The filing leaves him with 25,000 shares directly owned.
- Leonardo DRS beat quarterly earnings and revenue estimates, reporting EPS of $0.26 versus $0.21 expected and revenue of $846 million versus $825.05 million forecast. Revenue rose 5.9% year over year, and the company issued FY2026 EPS guidance of 1.260 to 1.300.
- The company also declared a quarterly dividend of $0.09 per share, payable June 2, representing an annualized yield of about 0.8%. Analysts currently have a consensus rating of Moderate Buy with an average price target of $52.00.
Leonardo DRS, Inc. (NASDAQ:DRS - Get Free Report) Director Reuben Jeffery III purchased 25,000 shares of the firm's stock in a transaction dated Tuesday, May 19th. The stock was purchased at an average cost of $42.77 per share, with a total value of $1,069,250.00. Following the acquisition, the director directly owned 25,000 shares in the company, valued at $1,069,250. This trade represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link.
Leonardo DRS Price Performance
Shares of DRS stock opened at $42.81 on Wednesday. Leonardo DRS, Inc. has a 12-month low of $32.43 and a 12-month high of $49.31. The firm has a market capitalization of $11.42 billion, a price-to-earnings ratio of 40.01, a price-to-earnings-growth ratio of 3.09 and a beta of 0.29. The company has a quick ratio of 1.52, a current ratio of 1.86 and a debt-to-equity ratio of 0.05. The firm has a fifty day moving average of $44.16 and a 200-day moving average of $39.91.
Leonardo DRS (NASDAQ:DRS - Get Free Report) last announced its quarterly earnings results on Tuesday, May 5th. The company reported $0.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.21 by $0.05. Leonardo DRS had a net margin of 7.85% and a return on equity of 12.02%. The company had revenue of $846.00 million during the quarter, compared to analyst estimates of $825.05 million. During the same quarter in the previous year, the business earned $0.20 EPS. The firm's revenue was up 5.9% on a year-over-year basis. Leonardo DRS has set its FY 2026 guidance at 1.260-1.300 EPS. On average, equities research analysts forecast that Leonardo DRS, Inc. will post 1.3 earnings per share for the current year.
Leonardo DRS Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 2nd. Stockholders of record on Tuesday, May 19th will be issued a $0.09 dividend. The ex-dividend date of this dividend is Tuesday, May 19th. This represents a $0.36 annualized dividend and a dividend yield of 0.8%. Leonardo DRS's payout ratio is 33.64%.
Institutional Investors Weigh In On Leonardo DRS
Several institutional investors and hedge funds have recently added to or reduced their stakes in DRS. Quarry LP lifted its position in Leonardo DRS by 7,041.7% during the 4th quarter. Quarry LP now owns 857 shares of the company's stock worth $29,000 after buying an additional 845 shares in the last quarter. Clearstead Advisors LLC lifted its position in Leonardo DRS by 564.1% during the 3rd quarter. Clearstead Advisors LLC now owns 684 shares of the company's stock worth $31,000 after buying an additional 581 shares in the last quarter. Leonteq Securities AG bought a new stake in Leonardo DRS during the 4th quarter worth about $34,000. Allworth Financial LP lifted its position in Leonardo DRS by 504.1% during the 3rd quarter. Allworth Financial LP now owns 882 shares of the company's stock worth $40,000 after buying an additional 736 shares in the last quarter. Finally, Fifth Third Bancorp bought a new stake in Leonardo DRS during the 1st quarter worth about $41,000. 18.76% of the stock is owned by institutional investors.
Analyst Upgrades and Downgrades
Several research firms recently commented on DRS. Wall Street Zen raised shares of Leonardo DRS from a "hold" rating to a "buy" rating in a research report on Sunday, May 10th. Morgan Stanley set a $47.00 price objective on shares of Leonardo DRS in a research report on Wednesday, February 25th. Canaccord Genuity Group boosted their price objective on shares of Leonardo DRS from $52.00 to $54.00 and gave the company a "buy" rating in a research report on Wednesday, May 6th. Truist Financial raised shares of Leonardo DRS to a "strong-buy" rating in a research report on Friday, May 1st. Finally, Bank of America boosted their price objective on shares of Leonardo DRS from $50.00 to $55.00 and gave the company a "buy" rating in a research report on Wednesday, March 25th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and four have issued a Hold rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $52.00.
View Our Latest Report on Leonardo DRS
Leonardo DRS Company Profile
(
Get Free Report)
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.
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