9,846 Shares in Kratos Defense & Security Solutions, Inc. $KTOS Purchased by Advisors Asset Management Inc.

Key Points

• Advisors Asset Management Inc. has acquired 9,846 shares of Kratos Defense & Security Solutions (KTOS), valued at approximately $292,000.
• Institutional investors, including Vanguard Group and Principal Financial Group, have significantly increased their holdings in Kratos during the first quarter, indicating strong interest in the company.
• Kratos reported earnings of $0.11 EPS for the last quarter, which surpassed analysts' expectations, along with a 17.1% increase in revenue year-over-year to $351.50 million.

Advisors Asset Management Inc. acquired a new position in Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS - Free Report) during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 9,846 shares of the aerospace company's stock, valued at approximately $292,000.

Other hedge funds also recently made changes to their positions in the company. Baird Financial Group Inc. boosted its holdings in shares of Kratos Defense & Security Solutions by 32.1% in the fourth quarter. Baird Financial Group Inc. now owns 17,753 shares of the aerospace company's stock worth $468,000 after buying an additional 4,314 shares during the period. Cetera Investment Advisers boosted its holdings in shares of Kratos Defense & Security Solutions by 13.2% during the fourth quarter. Cetera Investment Advisers now owns 15,379 shares of the aerospace company's stock worth $406,000 after purchasing an additional 1,793 shares during the period. Deutsche Bank AG raised its position in Kratos Defense & Security Solutions by 191.9% during the fourth quarter. Deutsche Bank AG now owns 250,557 shares of the aerospace company's stock valued at $6,610,000 after acquiring an additional 164,711 shares in the last quarter. Gotham Asset Management LLC raised its position in Kratos Defense & Security Solutions by 32.1% during the fourth quarter. Gotham Asset Management LLC now owns 21,347 shares of the aerospace company's stock valued at $563,000 after acquiring an additional 5,186 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in Kratos Defense & Security Solutions by 22.4% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 454,286 shares of the aerospace company's stock valued at $11,984,000 after acquiring an additional 83,235 shares in the last quarter. Institutional investors and hedge funds own 75.92% of the company's stock.

Kratos Defense & Security Solutions Stock Up 6.2%

Shares of NASDAQ:KTOS traded up $4.41 during midday trading on Tuesday, hitting $75.15. The stock had a trading volume of 2,723,107 shares, compared to its average volume of 3,288,078. Kratos Defense & Security Solutions, Inc. has a 12 month low of $22.17 and a 12 month high of $75.57. The company has a quick ratio of 3.88, a current ratio of 4.43 and a debt-to-equity ratio of 0.12. The business's 50-day simple moving average is $61.59 and its 200-day simple moving average is $44.38. The company has a market cap of $12.68 billion, a P/E ratio of 750.62 and a beta of 1.05.

Kratos Defense & Security Solutions (NASDAQ:KTOS - Get Free Report) last posted its earnings results on Thursday, August 7th. The aerospace company reported $0.11 earnings per share for the quarter, topping analysts' consensus estimates of $0.09 by $0.02. Kratos Defense & Security Solutions had a net margin of 1.20% and a return on equity of 3.10%. The firm had revenue of $351.50 million for the quarter, compared to analyst estimates of $305.67 million. During the same period in the previous year, the firm posted $0.14 EPS. The company's revenue for the quarter was up 17.1% compared to the same quarter last year. Kratos Defense & Security Solutions has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. On average, sell-side analysts forecast that Kratos Defense & Security Solutions, Inc. will post 0.31 earnings per share for the current fiscal year.

Insider Activity

In related news, CFO Deanna H. Lund sold 5,000 shares of the business's stock in a transaction that occurred on Tuesday, August 19th. The stock was sold at an average price of $65.10, for a total value of $325,500.00. Following the completion of the sale, the chief financial officer owned 313,327 shares in the company, valued at $20,397,587.70. The trade was a 1.57% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Stacey G. Rock sold 4,000 shares of the business's stock in a transaction that occurred on Tuesday, September 2nd. The shares were sold at an average price of $64.19, for a total value of $256,760.00. Following the transaction, the insider directly owned 38,128 shares in the company, valued at $2,447,436.32. This trade represents a 9.49% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 59,758 shares of company stock worth $3,522,429. 2.37% of the stock is owned by insiders.

Wall Street Analyst Weigh In

KTOS has been the topic of several recent research reports. The Goldman Sachs Group raised shares of Kratos Defense & Security Solutions from a "neutral" rating to a "buy" rating and set a $52.00 price objective on the stock in a research report on Monday, June 30th. Truist Financial upped their target price on shares of Kratos Defense & Security Solutions from $38.00 to $52.00 and gave the stock a "buy" rating in a report on Friday, June 27th. Citigroup reiterated a "market outperform" rating on shares of Kratos Defense & Security Solutions in a research report on Tuesday, July 22nd. BTIG Research upgraded shares of Kratos Defense & Security Solutions from a "neutral" rating to a "buy" rating and set a $80.00 target price on the stock in a research report on Thursday, August 14th. Finally, Royal Bank Of Canada upped their target price on shares of Kratos Defense & Security Solutions from $50.00 to $65.00 and gave the company an "outperform" rating in a research report on Friday, August 8th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $57.64.

Kratos Defense & Security Solutions Profile

Kratos Defense & Security Solutions, Inc engages in the provision of mission critical products, services and solutions for United States national security priorities. It operates through the Kratos Government Solutions (KGS) and Unmanned Systems (US) segments. The KGS segment consists of an aggregation of KGS operating segments, including microwave electronic products, space, satellite and cyber, training solutions.