Leonardo DRS, Inc. $DRS Shares Acquired by Versor Investments LP

Versor Investments LP grew its stake in Leonardo DRS, Inc. (NASDAQ:DRS) by 141.0% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 23,038 shares of the company’s stock after buying an additional 13,479 shares during the quarter. Versor Investments LP’s holdings in Leonardo DRS were worth $785,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Stephens Investment Management Group LLC lifted its holdings in shares of Leonardo DRS by 20.6% in the 3rd quarter. Stephens Investment Management Group LLC now owns 817,465 shares of the company’s stock valued at $37,113,000 after buying an additional 139,531 shares during the period. First Trust Advisors LP lifted its holdings in shares of Leonardo DRS by 116.8% in the 3rd quarter. First Trust Advisors LP now owns 3,661,214 shares of the company’s stock valued at $166,219,000 after buying an additional 1,972,596 shares during the period. Magnetar Financial LLC purchased a new position in shares of Leonardo DRS in the 3rd quarter valued at about $1,362,000. SG Americas Securities LLC increased its stake in shares of Leonardo DRS by 982.5% in the 4th quarter. SG Americas Securities LLC now owns 189,419 shares of the company’s stock valued at $6,457,000 after purchasing an additional 171,920 shares in the last quarter. Finally, Algert Global LLC increased its stake in shares of Leonardo DRS by 21.2% in the 3rd quarter. Algert Global LLC now owns 459,897 shares of the company’s stock valued at $20,879,000 after purchasing an additional 80,534 shares in the last quarter. Institutional investors and hedge funds own 18.76% of the company’s stock.

Leonardo DRS Price Performance

NASDAQ:DRS opened at $42.87 on Wednesday. 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 $44.52 and a two-hundred day moving average of $39.82. 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 $11.44 billion, a P/E ratio of 40.07, a price-to-earnings-growth ratio of 3.02 and a beta of 0.29.

Leonardo DRS (NASDAQ:DRS) 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 1.29 earnings per share for the current fiscal year.

Leonardo DRS Announces Dividend

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 0.8%. The ex-dividend date is Tuesday, May 19th. Leonardo DRS’s payout ratio is 33.64%.

Analyst Ratings Changes

DRS has been the subject of several recent analyst reports. Morgan Stanley set a $47.00 price target on Leonardo DRS in a research note on Wednesday, February 25th. Weiss Ratings lowered Leonardo DRS from a “buy (b-)” rating to a “hold (c+)” 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. Bank of America lifted their price target on Leonardo DRS from $50.00 to $55.00 and gave the company a “buy” rating in a research note on Wednesday, March 25th. Finally, Truist Financial upgraded Leonardo DRS to a “strong-buy” rating in a research note on Friday, May 1st. One research 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 stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $52.00.

Insiders Place Their Bets

In other Leonardo DRS news, SVP Pamela Morrow sold 12,000 shares of the business’s stock in a transaction that occurred on Tuesday, March 3rd. The stock was sold at an average price of $45.20, for a total transaction of $542,400.00. Following the completion of the sale, the senior vice president directly owned 6,494 shares in the company, valued at approximately $293,528.80. The trade was a 64.89% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Sally Wallace sold 28,960 shares of the business’s stock in a transaction that occurred on Thursday, April 2nd. The stock was sold at an average price of $46.35, for a total value of $1,342,296.00. Following the sale, the executive vice president owned 58,353 shares of the company’s stock, valued at approximately $2,704,661.55. This trade represents a 33.17% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 64,361 shares of company stock worth $2,944,837. Corporate insiders own 0.25% of the company’s stock.

Leonardo DRS Profile

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.