PFG Advisors Makes New $1.48 Million Investment in Leonardo DRS, Inc. $DRS

Key Points

• PFG Advisors purchased a new stake in Leonardo DRS in Q3, buying 32,685 shares worth approximately $1.48 million, while other institutions—most notably First Trust—also materially increased their holdings.
• Leonardo DRS topped quarterly expectations with $0.42 EPS (vs. $0.37 est.) and $1.06B revenue, set FY2026 guidance of $1.20–$1.26 EPS, and carries a consensus "Moderate Buy" price target of $50.33.
• Insiders have been net sellers recently: CFO Michael Dippold sold 10,588 shares and EVP Sally Wallace sold 1,300, with 23,888 insider shares sold in the last 90 days and insiders owning just 0.12% of the stock.

PFG Advisors purchased a new stake in Leonardo DRS, Inc. (NASDAQ:DRS - Free Report) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 32,685 shares of the company's stock, valued at approximately $1,484,000.

Several other large investors have also recently modified their holdings of DRS. Dynamic Technology Lab Private Ltd acquired a new position in shares of Leonardo DRS during the third quarter worth $933,000. First Trust Advisors LP increased its holdings in Leonardo DRS by 116.8% in the third quarter. First Trust Advisors LP now owns 3,661,214 shares of the company's stock valued at $166,219,000 after purchasing an additional 1,972,596 shares during the period. Barclays PLC raised its position in Leonardo DRS by 76.4% during the 3rd quarter. Barclays PLC now owns 128,147 shares of the company's stock worth $5,818,000 after purchasing an additional 55,498 shares during the last quarter. JT Stratford LLC raised its position in Leonardo DRS by 6.6% during the 3rd quarter. JT Stratford LLC now owns 25,928 shares of the company's stock worth $1,177,000 after purchasing an additional 1,598 shares during the last quarter. Finally, Dimensional Fund Advisors LP lifted its holdings in Leonardo DRS by 6.7% during the 3rd quarter. Dimensional Fund Advisors LP now owns 1,728,172 shares of the company's stock worth $78,433,000 after buying an additional 108,315 shares during the period. Institutional investors own 18.76% of the company's stock.

Insider Transactions at Leonardo DRS

In related news, CFO Michael Dippold sold 10,588 shares of Leonardo DRS stock in a transaction on Monday, January 5th. The shares were sold at an average price of $37.00, for a total value of $391,756.00. Following the completion of the sale, the chief financial officer owned 42,952 shares of the company's stock, valued at approximately $1,589,224. This trade represents a 19.78% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Sally Wallace sold 1,300 shares of the business's stock in a transaction on Monday, January 5th. The shares were sold at an average price of $35.17, for a total transaction of $45,721.00. Following the sale, the executive vice president owned 58,353 shares of the company's stock, valued at $2,052,275.01. This trade represents a 2.18% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 23,888 shares of company stock valued at $979,877 in the last 90 days. 0.12% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on the company. Truist Financial set a $59.00 price target on Leonardo DRS in a research report on Wednesday, February 25th. Morgan Stanley set a $47.00 price objective on Leonardo DRS in a research report on Wednesday, February 25th. Weiss Ratings lowered Leonardo DRS from a "buy (b-)" rating to a "hold (c+)" rating in a research note on Thursday, March 5th. Finally, Wall Street Zen cut Leonardo DRS from a "buy" rating to a "hold" rating in a report on Saturday, February 28th. Four equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $50.33.

Leonardo DRS Stock Performance

DRS stock opened at $46.35 on Wednesday. The stock has a 50-day moving average price of $40.84 and a 200-day moving average price of $39.25. Leonardo DRS, Inc. has a 1-year low of $28.17 and a 1-year high of $49.31. The company has a current ratio of 1.89, a quick ratio of 1.60 and a debt-to-equity ratio of 0.12. The firm has a market cap of $12.33 billion, a PE ratio of 45.00, a price-to-earnings-growth ratio of 2.36 and a beta of 0.41.

Leonardo DRS (NASDAQ:DRS - Get Free Report) last announced its earnings results on Tuesday, February 24th. The company reported $0.42 EPS for the quarter, beating the consensus estimate of $0.37 by $0.05. Leonardo DRS had a return on equity of 11.68% and a net margin of 7.62%.The company had revenue of $1.06 billion for the quarter, compared to analyst estimates of $994.79 million. During the same quarter in the prior year, the company earned $0.38 EPS. The firm's revenue for the quarter was up 8.1% compared to the same quarter last year. Leonardo DRS has set its FY 2026 guidance at 1.200-1.260 EPS. As a group, equities research analysts expect that Leonardo DRS, Inc. will post 1.04 earnings per share for the current year.

Leonardo DRS Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 24th. Stockholders of record on Tuesday, March 10th will be issued a dividend of $0.09 per share. The ex-dividend date is Tuesday, March 10th. This represents a $0.36 annualized dividend and a dividend yield of 0.8%. Leonardo DRS's dividend payout ratio is currently 34.95%.

Leonardo DRS Profile

Leonardo DRS is a U.S.-based defense technology company and wholly owned subsidiary of Italy's Leonardo S.p.A. The firm specializes in developing and integrating mission-critical systems for military and government customers, with a primary focus on command, control, communications, computers, intelligence, surveillance and reconnaissance (C4ISR). Its core offerings encompass advanced sensors, targeting systems, radars and electronic warfare solutions designed to enhance situational awareness and operational effectiveness across land, sea and air domains.

The company's portfolio includes naval combat management systems, unmanned vehicle sensors, power generation and distribution equipment, and training and simulation solutions.

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