Kratos Defense & Security Solutions, Inc. $KTOS Shares Sold by ORG Wealth Partners LLC

Key Points

• ORG Wealth Partners LLC reduced its holdings in Kratos Defense & Security Solutions by 6.6%, selling 2,951 shares, bringing their total ownership to 41,633 shares, valued at approximately $1.79 million.
• Kratos Defense & Security Solutions reported a 17.1% increase in revenue for the quarter, totaling $351.5 million, while earnings per share surpassed estimates at $0.11.
• Analysts have generally given Kratos Defense & Security Solutions a consensus rating of "Moderate Buy", with an average price target of $61.00, reflecting positive sentiment towards the company's performance and future outlook.

ORG Wealth Partners LLC lessened its holdings in shares of Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS - Free Report) by 6.6% during the 2nd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 41,633 shares of the aerospace company's stock after selling 2,951 shares during the period. Kratos Defense & Security Solutions accounts for approximately 0.5% of ORG Wealth Partners LLC's investment portfolio, making the stock its 27th biggest holding. ORG Wealth Partners LLC's holdings in Kratos Defense & Security Solutions were worth $1,793,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in KTOS. Costello Asset Management INC acquired a new position in Kratos Defense & Security Solutions during the first quarter worth approximately $29,000. Aspect Partners LLC increased its position in Kratos Defense & Security Solutions by 1,900.0% during the first quarter. Aspect Partners LLC now owns 1,000 shares of the aerospace company's stock worth $30,000 after buying an additional 950 shares during the period. Smallwood Wealth Investment Management LLC acquired a new position in Kratos Defense & Security Solutions during the first quarter worth approximately $30,000. Larson Financial Group LLC acquired a new position in Kratos Defense & Security Solutions during the first quarter worth approximately $30,000. Finally, MassMutual Private Wealth & Trust FSB increased its position in Kratos Defense & Security Solutions by 202.3% during the first quarter. MassMutual Private Wealth & Trust FSB now owns 1,046 shares of the aerospace company's stock worth $31,000 after buying an additional 700 shares during the period. Institutional investors and hedge funds own 75.92% of the company's stock.

Analyst Upgrades and Downgrades

Several research firms have commented on KTOS. Benchmark lifted their price target on Kratos Defense & Security Solutions from $48.00 to $50.00 and gave the stock a "buy" rating in a research report on Tuesday, July 8th. JPMorgan Chase & Co. lifted their target price on Kratos Defense & Security Solutions from $44.00 to $48.00 and gave the company a "neutral" rating in a research note on Monday, June 30th. JMP Securities set a $70.00 target price on Kratos Defense & Security Solutions and gave the company a "market outperform" rating in a research note on Tuesday, July 22nd. Raymond James Financial reiterated a "strong-buy" rating on shares of Kratos Defense & Security Solutions in a research note on Friday, August 8th. Finally, Citigroup reiterated a "market outperform" rating on shares of Kratos Defense & Security Solutions in a research note on Tuesday, July 22nd. One equities 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 stock. Based on data from MarketBeat.com, Kratos Defense & Security Solutions presently has a consensus rating of "Moderate Buy" and an average price target of $61.00.

Kratos Defense & Security Solutions Stock Up 2.5%

Kratos Defense & Security Solutions stock opened at $86.28 on Friday. The company has a debt-to-equity ratio of 0.12, a current ratio of 4.43 and a quick ratio of 3.88. Kratos Defense & Security Solutions, Inc. has a 1-year low of $22.69 and a 1-year high of $86.84. The company has a market cap of $14.56 billion, a PE ratio of 862.89 and a beta of 1.05. The stock's 50 day moving average price is $66.91 and its 200 day moving average price is $47.47.

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, beating analysts' consensus estimates of $0.09 by $0.02. Kratos Defense & Security Solutions had a return on equity of 3.10% and a net margin of 1.20%.The firm had revenue of $351.50 million for the quarter, compared to the consensus estimate of $305.67 million. During the same period in the previous year, the business earned $0.14 earnings per share. 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 predict that Kratos Defense & Security Solutions, Inc. will post 0.31 EPS for the current fiscal year.

Insider Transactions at Kratos Defense & Security Solutions

In other news, insider David M. Carter sold 4,000 shares of Kratos Defense & Security Solutions stock in a transaction 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 completion of the transaction, the insider owned 97,809 shares of the company's stock, valued at $6,719,478.30. The trade was a 3.93% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, VP De Burgreen Maria Cervantes sold 6,264 shares of Kratos Defense & Security Solutions stock in a transaction on Monday, September 15th. The stock was sold at an average price of $69.80, for a total value of $437,227.20. Following the transaction, the vice president directly owned 53,609 shares of the company's stock, valued at $3,741,908.20. This trade represents a 10.46% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 77,430 shares of company stock valued at $4,745,162. 2.37% of the stock is owned by company insiders.

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.

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