MinichMacGregor Wealth Management LLC Has $9.20 Million Stock Holdings in Kratos Defense & Security Solutions, Inc. $KTOS

Key Points

• MinichMacGregor Wealth Management LLC increased its stake in Kratos Defense & Security Solutions by 2.7% during the 2nd quarter, holding approximately 197,983 shares valued at about $9.20 million.
• Institutional investors collectively own 75.92% of Kratos Defense & Security Solutions, with several firms, including Farther Finance Advisors LLC and Aspect Partners LLC, significantly increasing their stakes recently.
• Analysts have raised their price targets for Kratos Defense & Security Solutions, with a consensus price target of $61.00 and a rating of "Moderate Buy" based on various upgrades from firms like Stifel Nicolaus and BTIG Research.

MinichMacGregor Wealth Management LLC raised its holdings in Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS - Free Report) by 2.7% in the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 197,983 shares of the aerospace company's stock after acquiring an additional 5,131 shares during the quarter. Kratos Defense & Security Solutions makes up about 2.0% of MinichMacGregor Wealth Management LLC's portfolio, making the stock its 24th largest holding. MinichMacGregor Wealth Management LLC owned about 0.13% of Kratos Defense & Security Solutions worth $9,196,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in KTOS. Farther Finance Advisors LLC lifted its stake in Kratos Defense & Security Solutions by 129.0% in the second quarter. Farther Finance Advisors LLC now owns 893 shares of the aerospace company's stock valued at $41,000 after buying an additional 503 shares during the period. Costello Asset Management INC bought a new position in shares of Kratos Defense & Security Solutions during the 1st quarter worth approximately $29,000. Larson Financial Group LLC purchased a new position in shares of Kratos Defense & Security Solutions in the 1st quarter worth about $30,000. Aspect Partners LLC grew its holdings 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 valued at $30,000 after purchasing an additional 950 shares during the period. Finally, Smallwood Wealth Investment Management LLC purchased a new stake in shares of Kratos Defense & Security Solutions during the 1st quarter valued at approximately $30,000. 75.92% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Kratos Defense & Security Solutions

In other Kratos Defense & Security Solutions news, CFO Deanna H. Lund sold 5,000 shares of the company's stock in a transaction 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 in the company, valued at $20,397,587.70. This represents a 1.57% 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. Also, VP De Burgreen Maria Cervantes sold 6,264 shares of the company's stock in a transaction dated 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 approximately $3,741,908.20. This represents a 10.46% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 77,430 shares of company stock worth $4,745,162. Insiders own 2.37% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on KTOS shares. Stifel Nicolaus raised their price target on Kratos Defense & Security Solutions from $54.00 to $70.00 and gave the company a "buy" rating in a research report on Monday, July 21st. Benchmark lifted their price objective on Kratos Defense & Security Solutions from $48.00 to $50.00 and gave the company a "buy" rating in a research report on Tuesday, July 8th. JPMorgan Chase & Co. lifted their price target on shares of Kratos Defense & Security Solutions from $44.00 to $48.00 and gave the company a "neutral" rating in a research report on Monday, June 30th. BTIG Research upgraded Kratos Defense & Security Solutions from a "neutral" rating to a "buy" rating and set a $80.00 price target for the company in a report on Thursday, August 14th. Finally, Citigroup reaffirmed a "market outperform" rating on shares of Kratos Defense & Security Solutions in a research report on Tuesday, July 22nd. One 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. Based on data from MarketBeat.com, Kratos Defense & Security Solutions has a consensus rating of "Moderate Buy" and a consensus price target of $61.00.

Kratos Defense & Security Solutions Stock Up 2.5%

Shares of KTOS 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 price-to-earnings ratio of 862.89 and a beta of 1.05. The stock's fifty 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 issued its quarterly earnings data on Thursday, August 7th. The aerospace company reported $0.11 EPS for the quarter, beating the consensus estimate of $0.09 by $0.02. The company 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%.Kratos Defense & Security Solutions's quarterly revenue was up 17.1% compared to the same quarter last year. During the same period last year, the company earned $0.14 earnings per share. Kratos Defense & Security Solutions has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. On average, research analysts expect that Kratos Defense & Security Solutions, Inc. will post 0.31 earnings per share for the current fiscal year.

About Kratos Defense & Security Solutions

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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