Key Points
- Executive sale: Leonardo DRS EVP Jason Rinsky sold 3,864 shares for approximately $177,010 under a pre-arranged Rule 10b5-1 plan, reducing his direct ownership by 14.08% to 23,581 shares.
- Quarterly performance: Leonardo DRS reported adjusted earnings of $0.35 per share and revenue of $913 million, exceeding analyst estimates, while revenue increased 10.1% year over year. The company issued fiscal 2026 EPS guidance of $1.34–$1.39.
- Market outlook: Shares opened at $44.62, and analysts maintain a consensus “Moderate Buy” rating with an average price target of $53.60. The company also declared a quarterly dividend of $0.09 per share, representing a 0.8% annualized yield.
Leonardo DRS, Inc. (NASDAQ:DRS - Get Free Report) EVP Jason Rinsky sold 3,864 shares of the stock in a transaction on Tuesday, August 4th. The shares were sold at an average price of $45.81, for a total value of $177,009.84. Following the transaction, the executive vice president directly owned 23,581 shares in the company, valued at $1,080,245.61. The trade was a 14.08% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Jason Rinsky also recently made the following trade(s):
- On Tuesday, July 7th, Jason Rinsky sold 3,865 shares of Leonardo DRS stock. The stock was sold at an average price of $45.37, for a total value of $175,355.05.
- On Wednesday, June 3rd, Jason Rinsky sold 3,865 shares of Leonardo DRS stock. The stock was sold at an average price of $46.87, for a total value of $181,152.55.
Leonardo DRS Stock Down 1.4%
Leonardo DRS stock opened at $44.62 on Thursday. The stock has a market cap of $11.91 billion, a PE ratio of 37.50, a price-to-earnings-growth ratio of 2.76 and a beta of 0.35. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.56 and a current ratio of 1.92. Leonardo DRS, Inc. has a one year low of $32.43 and a one year high of $50.59. The stock has a fifty day moving average of $45.66 and a 200 day moving average of $44.01.
Leonardo DRS (NASDAQ:DRS - Get Free Report) last posted its earnings results on Thursday, July 30th. The company reported $0.35 earnings per share for the quarter, beating analysts' consensus estimates of $0.27 by $0.08. The company had revenue of $913.00 million for the quarter, compared to the consensus estimate of $903.27 million. Leonardo DRS had a return on equity of 12.97% and a net margin of 8.52%.Leonardo DRS's revenue was up 10.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.23 earnings per share. Leonardo DRS has set its FY 2026 guidance at 1.340-1.390 EPS. As a group, sell-side analysts predict that Leonardo DRS, Inc. will post 1.39 EPS for the current year.
Leonardo DRS Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, August 27th. Stockholders of record on Thursday, August 13th will be paid a $0.09 dividend. This represents a $0.36 annualized dividend and a dividend yield of 0.8%. The ex-dividend date is Thursday, August 13th. Leonardo DRS's dividend payout ratio is 30.25%.
Institutional Inflows and Outflows
A number of hedge funds have recently made changes to their positions in the stock. Norges Bank purchased a new stake in shares of Leonardo DRS during the fourth quarter worth about $37,481,000. Stephens Investment Management Group LLC lifted its holdings in Leonardo DRS by 107.6% in the 1st quarter. Stephens Investment Management Group LLC now owns 2,118,331 shares of the company's stock worth $94,308,000 after purchasing an additional 1,098,108 shares in the last quarter. Millennium Management LLC boosted its stake in Leonardo DRS by 152.1% in the 3rd quarter. Millennium Management LLC now owns 1,776,185 shares of the company's stock worth $80,639,000 after purchasing an additional 1,071,708 shares during the period. AQR Capital Management LLC boosted its stake in Leonardo DRS by 528.6% in the 3rd quarter. AQR Capital Management LLC now owns 1,273,444 shares of the company's stock worth $56,000,000 after purchasing an additional 1,070,870 shares during the period. Finally, UBS Group AG grew its holdings in Leonardo DRS by 566.2% during the 3rd quarter. UBS Group AG now owns 711,588 shares of the company's stock valued at $32,306,000 after buying an additional 604,783 shares in the last quarter. 18.76% of the stock is currently owned by institutional investors.
Wall Street Analyst Weigh In
Several brokerages recently issued reports on DRS. Canaccord Genuity Group boosted their target price 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. Wall Street Zen upgraded shares of Leonardo DRS from a "hold" rating to a "buy" rating in a research report on Sunday, May 10th. Weiss Ratings upgraded shares of Leonardo DRS from a "hold (c)" rating to a "hold (c+)" rating in a research note on Thursday, July 23rd. JPMorgan Chase & Co. boosted their price objective on shares of Leonardo DRS from $48.00 to $53.00 and gave the company a "neutral" rating in a research report on Friday, July 31st. Finally, Truist Financial upgraded Leonardo DRS to a "strong-buy" rating in a research note on Friday, May 1st. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, Leonardo DRS presently has a consensus rating of "Moderate Buy" and an average target price of $53.60.
Get Our Latest Analysis on 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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