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Leonardo DRS (DRS) News Today

$23.78
-0.14 (-0.59%)
(As of 05/28/2024 ET)
Charles Schwab Investment Management Inc. Purchases 209,005 Shares of Leonardo DRS, Inc. (NASDAQ:DRS)
Charles Schwab Investment Management Inc. raised its position in shares of Leonardo DRS, Inc. (NASDAQ:DRS - Free Report) by 37.4% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 768,420 shares of the company's stock after pur
Morgan Stanley Initiates Coverage on Leonardo DRS (NASDAQ:DRS)
Leonardo DRS (NASDAQ:DRS) Now Covered by Morgan Stanley
Morgan Stanley started coverage on Leonardo DRS in a research note on Friday. They set an "equal weight" rating and a $26.00 price target on the stock.
Trexquant Investment LP Raises Stock Holdings in Leonardo DRS, Inc. (NASDAQ:DRS)
Trexquant Investment LP raised its position in shares of Leonardo DRS, Inc. (NASDAQ:DRS - Free Report) by 835.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 232,209 shares of the company's stock
Leonardo DRS (NASDAQ:DRS) Sets New 52-Week High at $24.00
Leonardo DRS (NASDAQ:DRS) Reaches New 52-Week High at $24.00
Leonardo DRS, Inc. (NASDAQ:DRS) Shares Sold by Brown Advisory Inc.
Brown Advisory Inc. decreased its position in Leonardo DRS, Inc. (NASDAQ:DRS - Free Report) by 3.7% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,462,290 shares of the company's stock after selling 56,235 shares du
First Eagle Investment Management LLC Raises Stake in Leonardo DRS, Inc. (NASDAQ:DRS)
First Eagle Investment Management LLC lifted its position in shares of Leonardo DRS, Inc. (NASDAQ:DRS - Free Report) by 14.5% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 308,185 shares of the company's stock after buying an additional 39,035 shares d
Boston Partners Has $43.03 Million Holdings in Leonardo DRS, Inc. (NASDAQ:DRS)
Boston Partners decreased its stake in Leonardo DRS, Inc. (NASDAQ:DRS - Free Report) by 9.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,154,507 shares of the company's stock after selling 235,466
Russell Investments Group Ltd. Sells 434,109 Shares of Leonardo DRS, Inc. (NASDAQ:DRS)
Russell Investments Group Ltd. reduced its position in Leonardo DRS, Inc. (NASDAQ:DRS - Free Report) by 75.2% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 142,916 shares of the company's stock after selling 434,109 shares
Essex Investment Management Co. LLC Sells 96,167 Shares of Leonardo DRS, Inc. (NASDAQ:DRS)
Essex Investment Management Co. LLC trimmed its stake in Leonardo DRS, Inc. (NASDAQ:DRS - Free Report) by 22.9% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 323,995 shares of the company's stock after selling 96,167 shares
Victory Capital Management Inc. Buys 943,900 Shares of Leonardo DRS, Inc. (NASDAQ:DRS)
Victory Capital Management Inc. increased its stake in shares of Leonardo DRS, Inc. (NASDAQ:DRS - Free Report) by 5,608.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 960,731 shares of the company's stock after acquiring an additio
Leonardo DRS (NASDAQ:DRS) Releases Earnings Results, Beats Estimates By $0.03 EPS
Leonardo DRS (NASDAQ:DRS - Get Free Report) announced its quarterly earnings results on Wednesday. The company reported $0.14 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.11 by $0.03. Leonardo DRS had a net margin of 5.94% and a return on equity of 8.72%. The company had revenue of $688.00 million for the quarter, compared to analyst estimates of $645.56 million. During the same period in the previous year, the firm posted $0.07 EPS. The firm's revenue was up 20.9% on a year-over-year basis.
Q1 2024 Leonardo DRS Inc Earnings Call
Leonardo DRS, Inc. Q1 Profit Increases, beats estimates
Leonardo DRS (NASDAQ:DRS) Releases FY 2024 Earnings Guidance
Leonardo DRS (NASDAQ:DRS) updated its FY 2024 earnings guidance. The company provided EPS guidance of 0.740-0.820 for the period, compared to the consensus estimate of 0.800. The company also issued revenue guidance of $2.9 billionillion-$3.0 billionillion, compared to the consensus estimate of $3.0 billionillion.
Leonardo DRS, Inc. (NASDAQ:DRS) Sees Large Drop in Short Interest
Leonardo DRS, Inc. (NASDAQ:DRS - Get Free Report) was the target of a significant decrease in short interest in March. As of March 31st, there was short interest totalling 2,500,000 shares, a decrease of 13.2% from the March 15th total of 2,880,000 shares. Currently, 3.5% of the shares of the stock are short sold. Based on an average trading volume of 665,000 shares, the days-to-cover ratio is currently 3.8 days.
Leonardo DRS, Inc. (NASDAQ:DRS) Stake Increased by Raymond James Financial Services Advisors Inc.
Raymond James Financial Services Advisors Inc. grew its holdings in Leonardo DRS, Inc. (NASDAQ:DRS - Free Report) by 506.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 68,088 shares of the compa
MRP Capital Investments LLC Sells 51,465 Shares of Leonardo DRS, Inc. (NASDAQ:DRS)
MRP Capital Investments LLC reduced its holdings in Leonardo DRS, Inc. (NASDAQ:DRS - Free Report) by 52.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 46,810 shares of the company's stock after selling 51,465 sha
Leonardo DRS, Inc. (NASDAQ:DRS) Stake Raised by Moody Aldrich Partners LLC
Moody Aldrich Partners LLC grew its position in Leonardo DRS, Inc. (NASDAQ:DRS - Free Report) by 60.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 462,517 shares of the company's stock after acquiring an
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DRS Media Mentions By Week

DRS Media Sentiment

Each headline receives a score ranging from 2 (good news) to -2 (bad news). Our company news sentiment scores track the average news sentiment of articles about each company over the most recent 7 days in order to identify companies that are receiving positive press.

DRS
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0.70

Average
Aerospace
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DRS News Coverage

We track news headlines from hundreds of news outlets and tag them by company. This chart compares the number of articles about this company in the last seven days compared with the average number of articles about this company on a typical week.

DRS Articles
This Week

12

4

DRS Articles
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This page (NASDAQ:DRS) was last updated on 5/28/2024 by MarketBeat.com Staff

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