Assenagon Asset Management S.A. Increases Stock Position in Kratos Defense & Security Solutions, Inc. $KTOS

Key Points

• Assenagon Asset Management increased its KTOS position by 80.2% in the second quarter, bringing its holdings to 70,254 shares valued at approximately $3.5 million. Institutional investors collectively own 75.92% of Kratos.
• Kratos reported quarterly revenue of $458.8 million, up 30.5% year over year, while EPS of $0.21 exceeded the $0.14 analyst consensus. Analysts maintain a “Moderate Buy” consensus with an average price target of $101.29.
• Despite strong growth and defense-contract momentum, KTOS carries a high valuation with a P/E ratio above 375, while insiders sold 144,036 shares worth about $8 million over the past three months.

Assenagon Asset Management S.A. raised its position in Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS - Free Report) by 80.2% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 70,254 shares of the aerospace company's stock after acquiring an additional 31,273 shares during the quarter. Assenagon Asset Management S.A.'s holdings in Kratos Defense & Security Solutions were worth $3,503,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Corient Private Wealth LLC increased its position in Kratos Defense & Security Solutions by 7,701.6% during the 4th quarter. Corient Private Wealth LLC now owns 1,593,549 shares of the aerospace company's stock valued at $120,966,000 after purchasing an additional 1,573,123 shares during the period. Norges Bank purchased a new stake in shares of Kratos Defense & Security Solutions in the 4th quarter worth about $104,807,000. Goldman Sachs Group Inc. lifted its position in shares of Kratos Defense & Security Solutions by 66.0% in the 4th quarter. Goldman Sachs Group Inc. now owns 1,398,525 shares of the aerospace company's stock worth $106,162,000 after purchasing an additional 556,036 shares during the period. Clearbridge Investments LLC boosted its stake in shares of Kratos Defense & Security Solutions by 48.5% during the 4th quarter. Clearbridge Investments LLC now owns 1,458,084 shares of the aerospace company's stock valued at $110,683,000 after purchasing an additional 476,049 shares in the last quarter. Finally, FengHe Fund Management Pte. Ltd. bought a new stake in shares of Kratos Defense & Security Solutions during the 4th quarter valued at about $35,291,000. 75.92% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on KTOS. Truist Financial raised shares of Kratos Defense & Security Solutions to a "strong-buy" rating in a research note on Friday, May 1st. Citizens Jmp cut their price objective on Kratos Defense & Security Solutions from $125.00 to $105.00 and set a "market outperform" rating on the stock in a research report on Friday, May 8th. Clear Str upgraded Kratos Defense & Security Solutions to a "strong-buy" rating in a report on Wednesday, April 29th. Piper Sandler raised Kratos Defense & Security Solutions from a "neutral" rating to an "overweight" rating and set a $75.00 target price for the company in a research report on Wednesday, August 5th. Finally, Stifel Nicolaus lowered their target price on Kratos Defense & Security Solutions from $134.00 to $115.00 and set a "buy" rating for the company in a research note on Thursday, August 6th. Two investment analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $101.29.

Kratos Defense & Security Solutions Price Performance

Shares of NASDAQ KTOS opened at $63.82 on Thursday. The firm has a market cap of $11.98 billion, a P/E ratio of 375.41 and a beta of 1.08. Kratos Defense & Security Solutions, Inc. has a twelve month low of $43.09 and a twelve month high of $134.00. The company has a quick ratio of 4.99, a current ratio of 5.54 and a debt-to-equity ratio of 0.04. The company has a 50 day moving average of $52.37 and a 200 day moving average of $68.93.

Kratos Defense & Security Solutions (NASDAQ:KTOS - Get Free Report) last posted its earnings results on Tuesday, August 4th. The aerospace company reported $0.21 EPS for the quarter, topping analysts' consensus estimates of $0.14 by $0.07. The business had revenue of $458.80 million during the quarter, compared to analyst estimates of $410.36 million. Kratos Defense & Security Solutions had a return on equity of 3.07% and a net margin of 2.03%.The company's quarterly revenue was up 30.5% compared to the same quarter last year. During the same quarter last year, the company earned $0.11 EPS. As a group, research analysts expect that Kratos Defense & Security Solutions, Inc. will post 0.58 EPS for the current fiscal year.

Insider Transactions at Kratos Defense & Security Solutions

In other news, insider Steven S. Fendley sold 7,000 shares of the business's stock in a transaction that occurred on Monday, July 27th. The shares were sold at an average price of $47.13, for a total transaction of $329,910.00. Following the completion of the transaction, the insider directly owned 295,120 shares of the company's stock, valued at $13,909,005.60. The trade was a 2.32% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider David M. Carter sold 4,000 shares of the stock in a transaction that occurred on Wednesday, August 5th. The shares were sold at an average price of $55.90, for a total transaction of $223,600.00. Following the transaction, the insider owned 62,237 shares in the company, valued at approximately $3,479,048.30. This trade represents a 6.04% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 144,036 shares of company stock valued at $8,034,017. Company insiders own 1.50% of the company's stock.

Trending Headlines about Kratos Defense & Security Solutions

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

• Positive Sentiment: Kratos said its target systems were successfully used in a joint missile-defense exercise involving the U.S. Missile Defense Agency and Japan Maritime Self-Defense Force. The validation strengthens Kratos’ position in allied missile-defense testing and was the clearest immediate catalyst for the stock’s advance. Kratos Stock Is Up, What You Need to Know
• Positive Sentiment: The company also recently won a U.S. Army contract to supply next-generation Javelin missile seekers, expanding its exposure to priority tactical-weapons programs. Kratos Lands Javelin Seeker Deal
• Positive Sentiment: Kratos’ latest quarterly results showed revenue growth of 30.5% year over year to $458.8 million, exceeding expectations, while earnings per share of $0.21 surpassed the $0.14 consensus estimate. Rocket and hypersonic demand is supporting momentum. Kratos Q2 2026 Earnings Call Transcript
• Positive Sentiment: Analysts’ average price target implies roughly 66% potential upside, and some earnings forecasts have been raised, including Noble Financial’s FY2026 and FY2027 estimates. However, price targets are not reliable predictors by themselves. Wall Street Analysts See Upside in Kratos
• Neutral Sentiment: Kratos has delivered a 316.5% three-year return, but its valuation is considered expensive, leaving the shares dependent on sustained contract wins and earnings growth. Kratos Looks Strong on Returns but Rich on Sales
• Negative Sentiment: Investors continue to weigh supply-chain risks and the possibility that the stock’s premium valuation already reflects much of its growth outlook. A Noble Financial reduction in its Q4 2026 EPS estimate adds a modest cautionary signal.

Kratos Defense & Security Solutions 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.

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