Norges Bank Makes New Investment in Kratos Defense & Security Solutions, Inc. $KTOS

Norges Bank purchased a new position in shares of Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) in the fourth quarter, Holdings Channel.com reports. The firm purchased 1,380,669 shares of the aerospace company’s stock, valued at approximately $104,807,000.

A number of other institutional investors also recently bought and sold shares of the business. Greenleaf Trust lifted its holdings in Kratos Defense & Security Solutions by 2.7% during the 4th quarter. Greenleaf Trust now owns 3,830 shares of the aerospace company’s stock worth $291,000 after buying an additional 100 shares during the last quarter. LVW Advisors LLC lifted its holdings in Kratos Defense & Security Solutions by 3.0% during the 4th quarter. LVW Advisors LLC now owns 3,665 shares of the aerospace company’s stock worth $278,000 after buying an additional 107 shares during the last quarter. CENTRAL TRUST Co lifted its holdings in Kratos Defense & Security Solutions by 7.3% during the 4th quarter. CENTRAL TRUST Co now owns 1,698 shares of the aerospace company’s stock worth $129,000 after buying an additional 115 shares during the last quarter. Northwestern Mutual Investment Management Company LLC lifted its holdings in Kratos Defense & Security Solutions by 0.4% during the 4th quarter. Northwestern Mutual Investment Management Company LLC now owns 37,776 shares of the aerospace company’s stock worth $2,868,000 after buying an additional 153 shares during the last quarter. Finally, Dupree Financial Group LLC lifted its holdings in Kratos Defense & Security Solutions by 0.7% during the 4th quarter. Dupree Financial Group LLC now owns 23,817 shares of the aerospace company’s stock worth $1,808,000 after buying an additional 165 shares during the last quarter. 75.92% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on the company. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Kratos Defense & Security Solutions in a report on Tuesday, April 21st. Clear Str raised Kratos Defense & Security Solutions to a “strong-buy” rating in a research report on Wednesday, April 29th. Jefferies Financial Group set a $80.00 target price on Kratos Defense & Security Solutions in a research report on Sunday, May 10th. BNP Paribas Exane upped their target price on Kratos Defense & Security Solutions from $80.00 to $85.00 and gave the company a “neutral” rating in a research report on Thursday, May 7th. Finally, BTIG Research decreased their target price on Kratos Defense & Security Solutions from $115.00 to $100.00 and set a “buy” rating for the company in a research report on Thursday, May 7th. Three research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $96.28.

Kratos Defense & Security Solutions Stock Performance

Shares of KTOS stock opened at $58.52 on Friday. The company has a market cap of $10.97 billion, a price-to-earnings ratio of 344.24 and a beta of 1.04. The stock has a 50 day simple moving average of $63.68 and a 200-day simple moving average of $80.56. Kratos Defense & Security Solutions, Inc. has a 12-month low of $37.90 and a 12-month high of $134.00. The company has a current ratio of 5.63, a quick ratio of 5.08 and a debt-to-equity ratio of 0.04.

Kratos Defense & Security Solutions (NASDAQ:KTOS) last issued its earnings results on Wednesday, May 6th. The aerospace company reported $0.16 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.13 by $0.03. The business had revenue of $371.00 million during the quarter, compared to the consensus estimate of $345.00 million. Kratos Defense & Security Solutions had a return on equity of 2.82% and a net margin of 2.08%.The company’s revenue for the quarter was up 22.6% on a year-over-year basis. During the same period in the prior year, the business posted $0.12 EPS. On average, equities analysts forecast that Kratos Defense & Security Solutions, Inc. will post 0.5 EPS for the current year.

Key Kratos Defense & Security Solutions News

Here are the key news stories impacting Kratos Defense & Security Solutions this week:

• Positive Sentiment: Kratos announced/was highlighted for multiple new defense contract wins spanning rocket motors, missile-defense infrastructure, unmanned aircraft, and secure communications, reinforcing its growth outlook and broader international footprint. Kratos Contract Wins Signal Shift Toward Broader Global Defense Role
• Positive Sentiment: Kratos is being viewed as a beneficiary of a defense-budget proposal and expanding Pentagon spending priorities, which can lift expectations for future orders across drones, hypersonics, and related defense systems. Defense Budget Proposal Fuels Kratos Defense & Security Solutions (KTOS) Stock Surge
• Positive Sentiment: Recent articles emphasized Kratos’ roughly $14.3 billion pipeline and expansion across drones, hypersonics, and satellite systems, suggesting continued revenue opportunities beyond the latest quarter. KTOS Stock Declines 6% in a Month: Opportunity or Warning Sign?
• Neutral Sentiment: Post-earnings coverage noted that investors are still evaluating whether the stock’s recent run is justified by earnings estimates and forward guidance rather than just momentum. Why Is Kratos (KTOS) Up 11.2% Since Last Earnings Report?
• Negative Sentiment: CFO Deanna Lund sold 5,000 shares in a pre-arranged Rule 10b5-1 transaction, which can add mild pressure to sentiment even though the sale was planned and relatively small versus her remaining stake. Deanna Lund Sells 5,000 Shares of Kratos Defense & Security Solutions (NASDAQ:KTOS) Stock

Insider Buying and Selling at Kratos Defense & Security Solutions

In other news, Director Scott I. Anderson sold 15,000 shares of the stock in a transaction that occurred on Monday, March 16th. The stock was sold at an average price of $89.11, for a total transaction of $1,336,650.00. Following the completion of the transaction, the director directly owned 51,334 shares of the company’s stock, valued at approximately $4,574,372.74. This represents a 22.61% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, insider Steven S. Fendley sold 7,000 shares of the stock in a transaction that occurred on Monday, March 30th. The stock was sold at an average price of $69.59, for a total value of $487,130.00. Following the transaction, the insider directly owned 358,023 shares of the company’s stock, valued at approximately $24,914,820.57. This trade represents a 1.92% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 183,564 shares of company stock worth $12,745,304. 1.50% of the stock is currently owned by company insiders.

Kratos Defense & Security Solutions Company Profile

Kratos Defense & Security Solutions, Inc (NASDAQ: KTOS) is a technology-driven company that specializes in national security and defense solutions for government and military customers. The firm’s core capabilities span unmanned systems, satellite communications, missile defense, cyber security, and directed-energy weapons. Through its integrated approach, Kratos delivers mission-critical products and services designed to enhance operational readiness and support force modernization initiatives.

In the unmanned systems arena, Kratos develops high-performance aerial platforms used as target drones, low-cost attritable aircraft and experimental stealth demonstrators.