Key Points
- Insider sale: Leonardo DRS SVP Pamela Morrow sold 11,545 shares on May 27 at an average price of $45.13, totaling about $521,026. After the sale, she held 10,551 shares, a 52.25% decrease in her position.
- Strong quarterly results: The company reported $0.26 EPS on revenue of $846 million, both ahead of analyst estimates. Revenue rose 5.9% year over year, and the company raised FY 2026 guidance to 1.260-1.300 EPS.
- Wall Street outlook remains positive: Analysts currently rate Leonardo DRS as a Moderate Buy with a consensus price target of $52.00. Several firms recently raised targets or upgraded the stock, despite one recent hold downgrade from Weiss Ratings.
Leonardo DRS, Inc. (NASDAQ:DRS - Get Free Report) SVP Pamela Morrow sold 11,545 shares of Leonardo DRS stock in a transaction dated Wednesday, May 27th. The shares were sold at an average price of $45.13, for a total value of $521,025.85. Following the completion of the transaction, the senior vice president owned 10,551 shares of the company's stock, valued at approximately $476,166.63. This represents a 52.25% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.
Pamela Morrow also recently made the following trade(s):
- On Tuesday, March 3rd, Pamela Morrow sold 12,000 shares of Leonardo DRS stock. The shares were sold at an average price of $45.20, for a total value of $542,400.00.
Leonardo DRS Price Performance
NASDAQ:DRS opened at $48.41 on Friday. Leonardo DRS, Inc. has a 12 month low of $32.43 and a 12 month high of $49.31. The stock has a 50 day moving average of $44.09 and a two-hundred day moving average of $40.38. The company has a current ratio of 1.86, a quick ratio of 1.52 and a debt-to-equity ratio of 0.05. The firm has a market cap of $12.91 billion, a P/E ratio of 45.24, a price-to-earnings-growth ratio of 3.27 and a beta of 0.29.
Leonardo DRS (NASDAQ:DRS - Get Free Report) last posted its quarterly earnings data on Tuesday, May 5th. The company reported $0.26 EPS for the quarter, topping the consensus estimate of $0.21 by $0.05. Leonardo DRS had a return on equity of 12.02% and a net margin of 7.85%.The company had revenue of $846.00 million during the quarter, compared to analyst estimates of $825.05 million. During the same period in the previous year, the business earned $0.20 EPS. Leonardo DRS's quarterly 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, analysts expect that Leonardo DRS, Inc. will post 1.3 earnings per share for the current fiscal year.
Leonardo DRS Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 2nd. Shareholders of record on Tuesday, May 19th will be paid a dividend of $0.09 per share. This represents a $0.36 annualized dividend and a yield of 0.7%. The ex-dividend date is Tuesday, May 19th. Leonardo DRS's payout ratio is 33.64%.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently made changes to their positions in the stock. Clearstead Advisors LLC boosted its holdings in shares of 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 purchasing an additional 581 shares during the last quarter. Quarry LP boosted its holdings in shares of 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 purchasing an additional 845 shares during the last quarter. Allworth Financial LP boosted its holdings in shares of 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 purchasing an additional 736 shares during the last quarter. Fifth Third Bancorp acquired a new position in shares of Leonardo DRS during the 1st quarter worth approximately $41,000. Finally, UMB Bank n.a. acquired a new position in shares of Leonardo DRS during the 3rd quarter worth approximately $45,000. 18.76% of the stock is currently owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
Several equities research analysts have commented on DRS shares. Bank of America boosted their price objective on Leonardo DRS from $50.00 to $55.00 and gave the stock a "buy" rating in a research note on Wednesday, March 25th. Truist Financial upgraded Leonardo DRS to a "strong-buy" rating in a research note on Friday, May 1st. Canaccord Genuity Group boosted their price objective on Leonardo DRS from $52.00 to $54.00 and gave the stock a "buy" rating in a research note on Wednesday, May 6th. Wall Street Zen upgraded Leonardo DRS from a "hold" rating to a "buy" rating in a research note on Sunday, May 10th. Finally, Weiss Ratings cut Leonardo DRS from a "hold (c+)" rating to a "hold (c)" rating in a report on Wednesday, May 20th. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, Leonardo DRS currently has a consensus rating of "Moderate Buy" and a consensus price target of $52.00.
Get Our Latest Report on DRS
Leonardo DRS Company Profile
(
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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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