Fiduciary Alliance LLC Acquires Shares of 13,010 Kratos Defense & Security Solutions, Inc. $KTOS

Key Points

• Fiduciary Alliance LLC has acquired a new stake in Kratos Defense & Security Solutions, Inc. with the purchase of 13,010 shares valued at approximately $604,000.
• Analysts have set a consensus target price of $57.64 for Kratos, with ratings ranging from "Strong Buy" to "Hold" by various brokerages.
• Kratos reported a 17.1% year-over-year increase in revenue for the last quarter, achieving $351.5 million, while also beating earnings expectations with $0.11 per share.

Fiduciary Alliance LLC bought a new position in Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS - Free Report) during the second quarter, according to its most recent disclosure with the SEC. The institutional investor bought 13,010 shares of the aerospace company's stock, valued at approximately $604,000.

Several other institutional investors also recently bought and sold shares of the company. Vanguard Group Inc. grew its position in Kratos Defense & Security Solutions by 11.7% during the 1st quarter. Vanguard Group Inc. now owns 16,447,687 shares of the aerospace company's stock valued at $488,332,000 after purchasing an additional 1,728,179 shares during the last quarter. Fuller & Thaler Asset Management Inc. grew its position in Kratos Defense & Security Solutions by 25.5% during the 1st quarter. Fuller & Thaler Asset Management Inc. now owns 2,609,621 shares of the aerospace company's stock valued at $77,480,000 after purchasing an additional 530,599 shares during the last quarter. Invesco Ltd. grew its position in Kratos Defense & Security Solutions by 75.2% during the 1st quarter. Invesco Ltd. now owns 2,402,444 shares of the aerospace company's stock valued at $71,329,000 after purchasing an additional 1,031,223 shares during the last quarter. Voya Investment Management LLC grew its position in Kratos Defense & Security Solutions by 129.2% during the 1st quarter. Voya Investment Management LLC now owns 2,163,223 shares of the aerospace company's stock valued at $64,226,000 after purchasing an additional 1,219,585 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. grew its position in Kratos Defense & Security Solutions by 4.0% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 1,574,099 shares of the aerospace company's stock valued at $46,735,000 after purchasing an additional 60,662 shares during the last quarter. 75.92% of the stock is owned by hedge funds and other institutional investors.

Kratos Defense & Security Solutions Stock Performance

Shares of NASDAQ:KTOS traded up $0.12 during trading on Friday, hitting $80.77. The company's stock had a trading volume of 35,421,513 shares, compared to its average volume of 3,495,475. The company has a 50-day moving average of $63.51 and a 200-day moving average of $45.19. Kratos Defense & Security Solutions, Inc. has a 12 month low of $22.64 and a 12 month high of $82.31. The company has a debt-to-equity ratio of 0.12, a current ratio of 4.43 and a quick ratio of 3.88. The firm has a market cap of $13.63 billion, a price-to-earnings ratio of 807.78 and a beta of 1.05.

Kratos Defense & Security Solutions (NASDAQ:KTOS - Get Free Report) last released its earnings results on Thursday, August 7th. The aerospace company reported $0.11 EPS 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 company had revenue of $351.50 million for the quarter, compared to analysts' expectations of $305.67 million. During the same quarter last year, the business earned $0.14 EPS. The firm's revenue 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 expect that Kratos Defense & Security Solutions, Inc. will post 0.31 earnings per share for the current year.

Insider Activity at Kratos Defense & Security Solutions

In other Kratos Defense & Security Solutions news, SVP Marie Mendoza sold 1,408 shares of the firm's stock in a transaction that occurred on Monday, September 15th. The shares were sold at an average price of $69.45, for a total transaction of $97,785.60. Following the sale, the senior vice president owned 61,943 shares in the company, valued at approximately $4,301,941.35. This trade represents a 2.22% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider David M. Carter sold 4,000 shares of the firm's stock in a transaction that occurred on Friday, September 12th. The stock was sold at an average price of $68.70, for a total transaction of $274,800.00. Following the sale, the insider owned 97,809 shares in the company, valued at approximately $6,719,478.30. The trade was a 3.93% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 77,430 shares of company stock worth $4,745,162 in the last 90 days. Insiders own 2.37% of the company's stock.

Analyst Ratings Changes

A number of analysts have recently issued reports on the stock. Royal Bank Of Canada raised their price target on shares of Kratos Defense & Security Solutions from $50.00 to $65.00 and gave the company an "outperform" rating in a report on Friday, August 8th. BTIG Research raised shares of Kratos Defense & Security Solutions from a "neutral" rating to a "buy" rating and set a $80.00 price target on the stock in a report on Thursday, August 14th. Raymond James Financial reaffirmed a "strong-buy" rating on shares of Kratos Defense & Security Solutions in a report on Friday, August 8th. Citigroup reaffirmed a "market outperform" rating on shares of Kratos Defense & Security Solutions in a report on Tuesday, July 22nd. Finally, Canaccord Genuity Group reaffirmed a "buy" rating and set a $74.00 price target on shares of Kratos Defense & Security Solutions in a report on Tuesday, September 9th. One research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and two have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $57.64.

Kratos Defense & Security Solutions Company 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.