Leonardo DRS (NASDAQ:DRS) CFO Michael Dippold Sells 20,317 Shares

September 5, 2026 by InsiderTrades.com

Key Points

CFO Michael Dippold sold 20,317 Leonardo DRS shares at an average price of $37.18, totaling approximately $755,386. The Rule 10b5-1 transaction reduced his ownership by 36.63%, leaving him with 35,143 shares.
Leonardo DRS reported stronger-than-expected quarterly results, with EPS of $0.35 versus the $0.27 consensus estimate and revenue of $913 million, up 10.1% year over year.
The stock traded near $36.60, while analysts maintained a “Moderate Buy” consensus with an average price target of $53.60. The company also pays a quarterly dividend of $0.09, yielding about 1.0% annually.

Leonardo DRS, Inc. (NASDAQ:DRS - Get Free Report) CFO Michael Dippold sold 20,317 shares of Leonardo DRS stock in a transaction that occurred on Wednesday, September 2nd. The stock was sold at an average price of $37.18, for a total transaction of $755,386.06. Following the completion of the sale, the chief financial officer owned 35,143 shares of the company's stock, valued at $1,306,616.74. This trade represents a 36.63% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Michael Dippold also recently made the following trade(s):

On Monday, June 8th, Michael Dippold sold 8,318 shares of Leonardo DRS stock. The shares were sold at an average price of $46.48, for a total transaction of $386,620.64.

Leonardo DRS Trading Down 1.1%

NASDAQ:DRS opened at $36.60 on Friday. Leonardo DRS, Inc. has a 12 month low of $32.43 and a 12 month high of $50.59. The firm has a fifty day simple moving average of $43.38 and a 200-day simple moving average of $44.12. The company has a current ratio of 1.92, a quick ratio of 1.56 and a debt-to-equity ratio of 0.05. The company has a market capitalization of $9.77 billion, a P/E ratio of 30.76, a PEG ratio of 2.25 and a beta of 0.35.

Leonardo DRS (NASDAQ:DRS - Get Free Report) last released its earnings results on Friday, July 31st. The company reported $0.35 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.27 by $0.08. Leonardo DRS had a return on equity of 12.97% and a net margin of 8.52%.The firm had revenue of $913.00 million for the quarter, compared to the consensus estimate of $903.27 million. During the same period in the prior year, the firm earned $0.23 EPS. The firm's revenue was up 10.1% on a year-over-year basis. On average, equities research analysts anticipate that Leonardo DRS, Inc. will post 1.39 earnings per share for the current year.

Leonardo DRS Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, August 27th. Stockholders of record on Thursday, August 13th were paid a $0.09 dividend. This represents a $0.36 annualized dividend and a dividend yield of 1.0%. The ex-dividend date was Thursday, August 13th. Leonardo DRS's dividend payout ratio (DPR) is presently 30.25%.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on DRS. Wall Street Zen upgraded 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 "buy (b-)" rating in a research note on Thursday, August 6th. Finally, JPMorgan Chase & Co. raised their target price on shares of Leonardo DRS from $48.00 to $53.00 and gave the stock a "neutral" rating in a report on Friday, July 31st. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, Leonardo DRS has a consensus rating of "Moderate Buy" and an average price target of $53.60.

Get Our Latest Stock Report on Leonardo DRS

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Corient Private Wealth LP acquired a new stake in shares of Leonardo DRS during the 2nd quarter worth approximately $940,000. Amundi lifted its stake in shares of Leonardo DRS by 191.2% in the 2nd quarter. Amundi now owns 35,300 shares of the company's stock valued at $1,506,000 after purchasing an additional 23,176 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in shares of Leonardo DRS in the 2nd quarter valued at $1,978,000. California State Teachers Retirement System boosted its holdings in Leonardo DRS by 3,937.8% during the second quarter. California State Teachers Retirement System now owns 3,940,831 shares of the company's stock worth $168,155,000 after buying an additional 3,843,233 shares in the last quarter. Finally, HB Wealth Management LLC acquired a new stake in Leonardo DRS during the second quarter valued at $309,000. 18.76% of the stock is owned by institutional investors and hedge funds.

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.