EFG Asset Management North America Corp. Has $4.49 Million Stock Holdings in Kratos Defense & Security Solutions, Inc. $KTOS

Key Points

• EFG Asset Management North America Corp. reduced its holdings in Kratos Defense & Security Solutions by 20%, selling 37,807 shares and leaving it with 151,469 shares valued at approximately $4.49 million.
• Institutional investors now own 75.92% of Kratos stock, with companies like Vanguard and Invesco significantly increasing their stakes during the first quarter.
• Despite a recent earnings beat and revenue growth, analysts have mixed ratings for the stock, arguing about its valuation risk with a consensus price target of $57.64.

EFG Asset Management North America Corp. reduced its stake in shares of Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS - Free Report) by 20.0% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 151,469 shares of the aerospace company's stock after selling 37,807 shares during the quarter. EFG Asset Management North America Corp. owned about 0.10% of Kratos Defense & Security Solutions worth $4,494,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of KTOS. The Manufacturers Life Insurance Company lifted its holdings in shares of Kratos Defense & Security Solutions by 5.7% during the 4th quarter. The Manufacturers Life Insurance Company now owns 80,760 shares of the aerospace company's stock valued at $2,130,000 after purchasing an additional 4,377 shares in the last quarter. Northern Trust Corp lifted its holdings in shares of Kratos Defense & Security Solutions by 2.0% during the 4th quarter. Northern Trust Corp now owns 1,798,339 shares of the aerospace company's stock valued at $47,440,000 after purchasing an additional 35,223 shares in the last quarter. Comerica Bank lifted its holdings in shares of Kratos Defense & Security Solutions by 7.0% during the 4th quarter. Comerica Bank now owns 126,501 shares of the aerospace company's stock valued at $3,337,000 after purchasing an additional 8,234 shares in the last quarter. Ameriprise Financial Inc. lifted its holdings in shares of Kratos Defense & Security Solutions by 6.9% during the 4th quarter. Ameriprise Financial Inc. now owns 3,130,109 shares of the aerospace company's stock valued at $82,576,000 after purchasing an additional 203,245 shares in the last quarter. Finally, Baird Financial Group Inc. lifted its holdings in shares of Kratos Defense & Security Solutions by 32.1% during the 4th quarter. Baird Financial Group Inc. now owns 17,753 shares of the aerospace company's stock valued at $468,000 after purchasing an additional 4,314 shares in the last quarter. 75.92% of the stock is currently owned by institutional investors and hedge funds.

Kratos Defense & Security Solutions Stock Up 1.9%

Shares of NASDAQ:KTOS traded up $1.22 during trading on Friday, hitting $64.81. 2,605,757 shares of the company were exchanged, compared to its average volume of 3,370,215. The stock has a market cap of $10.94 billion, a price-to-earnings ratio of 648.16 and a beta of 1.05. Kratos Defense & Security Solutions, Inc. has a fifty-two week low of $20.83 and a fifty-two week high of $72.70. The firm has a fifty day moving average price of $58.88 and a two-hundred day moving average price of $42.41. The company has a current ratio of 4.43, a quick ratio of 3.88 and a debt-to-equity ratio of 0.12.

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

Insider Buying and Selling at Kratos Defense & Security Solutions

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 transaction of $325,500.00. Following the transaction, the chief financial officer directly owned 313,327 shares of the company's stock, valued at approximately $20,397,587.70. The trade was a 1.57% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Phillip D. Carrai sold 6,000 shares of the business's stock in a transaction that occurred on Tuesday, July 15th. The stock was sold at an average price of $51.42, for a total value of $308,520.00. Following the transaction, the insider directly owned 270,104 shares in the company, valued at $13,888,747.68. The trade was a 2.17% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 68,177 shares of company stock worth $3,876,673 in the last three months. 2.37% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

KTOS has been the topic of several recent analyst reports. BTIG Research upgraded Kratos Defense & Security Solutions from a "neutral" rating to a "buy" rating and set a $80.00 price objective on the stock in a report on Thursday, August 14th. Raymond James Financial reiterated a "strong-buy" rating on shares of Kratos Defense & Security Solutions in a report on Friday, August 8th. Cantor Fitzgerald reiterated an "overweight" rating on shares of Kratos Defense & Security Solutions in a report on Friday, July 18th. Noble Financial reiterated an "outperform" rating on shares of Kratos Defense & Security Solutions in a report on Monday, August 11th. Finally, JPMorgan Chase & Co. lifted their price objective on Kratos Defense & Security Solutions from $44.00 to $48.00 and gave the company a "neutral" rating in a report on Monday, June 30th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price 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.