Militia Capital Management LLC Invests $2.33 Million in Leonardo DRS, Inc. $DRS

Militia Capital Management LLC purchased a new stake in Leonardo DRS, Inc. (NASDAQ:DRS) in the first quarter, Holdings Channel.com reports. The firm purchased 52,300 shares of the company’s stock, valued at approximately $2,328,000.

Other hedge funds have also recently bought and sold shares of the company. Bank of Montreal Can increased its holdings in Leonardo DRS by 1.6% during the 4th quarter. Bank of Montreal Can now owns 19,513 shares of the company’s stock worth $665,000 after purchasing an additional 309 shares during the last quarter. Sequoia Financial Advisors LLC boosted its stake in shares of Leonardo DRS by 4.7% during the 4th quarter. Sequoia Financial Advisors LLC now owns 7,228 shares of the company’s stock valued at $246,000 after buying an additional 322 shares during the last quarter. Osaic Holdings Inc. grew its position in shares of Leonardo DRS by 17.0% during the second quarter. Osaic Holdings Inc. now owns 2,383 shares of the company’s stock worth $111,000 after buying an additional 347 shares in the last quarter. Stephens Inc. AR grew its position in shares of Leonardo DRS by 3.3% during the fourth quarter. Stephens Inc. AR now owns 12,165 shares of the company’s stock worth $415,000 after buying an additional 389 shares in the last quarter. Finally, Cibc World Market Inc. increased its stake in shares of Leonardo DRS by 6.3% in the fourth quarter. Cibc World Market Inc. now owns 7,128 shares of the company’s stock worth $243,000 after buying an additional 425 shares during the last quarter. Institutional investors and hedge funds own 18.76% of the company’s stock.

Leonardo DRS Price Performance

Shares of NASDAQ:DRS opened at $45.91 on Thursday. The company has a market cap of $12.25 billion, a PE ratio of 42.91, a P/E/G ratio of 3.28 and a beta of 0.36. Leonardo DRS, Inc. has a fifty-two week low of $32.43 and a fifty-two week high of $50.59. The firm has a 50-day simple moving average of $45.11 and a 200 day simple moving average of $43.48. The company has a quick ratio of 1.52, a current ratio of 1.86 and a debt-to-equity ratio of 0.05.

Leonardo DRS (NASDAQ:DRS) last issued its earnings results on Tuesday, May 5th. The company reported $0.26 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.21 by $0.05. Leonardo DRS had a net margin of 7.85% and a return on equity of 12.02%. The firm had revenue of $846.00 million for the quarter, compared to analysts’ expectations of $825.05 million. During the same quarter last year, the company posted $0.20 earnings per share. Leonardo DRS’s 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, sell-side analysts anticipate that Leonardo DRS, Inc. will post 1.3 EPS for the current year.

Leonardo DRS Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 2nd. Investors of record on Tuesday, May 19th were issued a $0.09 dividend. The ex-dividend date of this dividend was Tuesday, May 19th. This represents a $0.36 annualized dividend and a dividend yield of 0.8%. Leonardo DRS’s dividend payout ratio (DPR) is 33.64%.

Insiders Place Their Bets

In other Leonardo DRS news, EVP Jason Rinsky sold 3,865 shares of the stock in a transaction on Tuesday, July 7th. The stock was sold at an average price of $45.37, for a total value of $175,355.05. Following the sale, the executive vice president directly owned 27,445 shares of the company’s stock, valued at $1,245,179.65. This trade represents a 12.34% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Michael Dippold sold 8,318 shares of the firm’s stock in a transaction on Monday, June 8th. The shares were sold at an average price of $46.48, for a total value of $386,620.64. Following the completion of the sale, the chief financial officer owned 55,460 shares in the company, valued at $2,577,780.80. The trade was a 13.04% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 65,364 shares of company stock worth $2,994,785. 0.25% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

DRS has been the topic of a number of research analyst reports. Canaccord Genuity Group increased their price objective on shares of Leonardo DRS from $52.00 to $54.00 and gave the company a “buy” rating in a research note on Wednesday, May 6th. Truist Financial upgraded shares of Leonardo DRS to a “strong-buy” rating in a research note on Friday, May 1st. Weiss Ratings downgraded Leonardo DRS from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, June 23rd. Bank of America lifted their target price on Leonardo DRS from $50.00 to $55.00 and gave the stock a “buy” rating in a research report on Wednesday, March 25th. Finally, Wall Street Zen raised Leonardo DRS from a “hold” rating to a “buy” rating in a research report on Sunday, May 10th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $53.75.

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.