Stephens Investment Management Group LLC Has $119.82 Million Holdings in Kratos Defense & Security Solutions, Inc. $KTOS

Key Points

• Stephens Investment Management Group LLC reduced its holdings in Kratos Defense & Security Solutions by 33.2%, resulting in ownership of approximately 2,579,481 shares after selling 1,280,958 shares in the second quarter, making it the firm's 5th largest holding.
• Kratos Defense & Security Solutions reported earnings of $0.11 EPS for the most recent quarter, surpassing analysts' expectations of $0.09 EPS, with a revenue increase of 17.1% year-over-year.
• Analysts generally view Kratos Defense & Security Solutions positively, with an average target price of $77.36 and several rating the stock higher, including an upgrade to $112.00 by Stifel Nicolaus.

Stephens Investment Management Group LLC cut its stake in Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS - Free Report) by 33.2% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,579,481 shares of the aerospace company's stock after selling 1,280,958 shares during the quarter. Kratos Defense & Security Solutions comprises approximately 1.6% of Stephens Investment Management Group LLC's holdings, making the stock its 5th largest holding. Stephens Investment Management Group LLC owned approximately 1.68% of Kratos Defense & Security Solutions worth $119,817,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Wealth Enhancement Advisory Services LLC bought a new stake in Kratos Defense & Security Solutions in the first quarter worth $594,000. Corebridge Financial Inc. lifted its position in Kratos Defense & Security Solutions by 5.2% in the first quarter. Corebridge Financial Inc. now owns 77,422 shares of the aerospace company's stock worth $2,299,000 after buying an additional 3,860 shares during the last quarter. State of Alaska Department of Revenue lifted its position in shares of Kratos Defense & Security Solutions by 15.8% during the second quarter. State of Alaska Department of Revenue now owns 98,033 shares of the aerospace company's stock worth $4,552,000 after purchasing an additional 13,345 shares during the last quarter. Trivium Point Advisory LLC lifted its position in shares of Kratos Defense & Security Solutions by 25.0% during the second quarter. Trivium Point Advisory LLC now owns 22,406 shares of the aerospace company's stock worth $1,041,000 after purchasing an additional 4,483 shares during the last quarter. Finally, New York State Teachers Retirement System bought a new stake in shares of Kratos Defense & Security Solutions during the first quarter worth $1,407,000. 75.92% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other Kratos Defense & Security Solutions news, CFO Deanna H. Lund sold 5,000 shares of Kratos Defense & Security Solutions stock in a transaction dated Tuesday, August 19th. The stock was sold at an average price of $65.10, for a total value of $325,500.00. Following the transaction, the chief financial officer owned 313,327 shares in the company, valued at $20,397,587.70. The trade was 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, insider Thomas E. Iv Mills sold 5,758 shares of Kratos Defense & Security Solutions stock in a transaction dated Tuesday, September 2nd. The shares were sold at an average price of $65.54, for a total value of $377,379.32. Following the completion of the transaction, the insider owned 9,692 shares in the company, valued at $635,213.68. This trade represents a 37.27% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 85,716 shares of company stock valued at $6,399,245 over the last three months. Corporate insiders own 2.37% of the company's stock.

Kratos Defense & Security Solutions Stock Performance

Shares of Kratos Defense & Security Solutions stock opened at $90.62 on Wednesday. The firm has a market cap of $15.30 billion, a P/E ratio of 906.29 and a beta of 1.12. 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, Inc. has a 12 month low of $22.69 and a 12 month high of $112.57. The stock's fifty day moving average price is $78.53 and its 200-day moving average price is $55.04.

Kratos Defense & Security Solutions (NASDAQ:KTOS - Get Free Report) last announced its quarterly earnings results on Thursday, August 7th. The aerospace company reported $0.11 EPS for the quarter, beating the consensus estimate 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 analyst estimates of $305.67 million. During the same quarter last year, the firm posted $0.14 earnings per share. The business's revenue for the quarter was up 17.1% on a year-over-year basis. Kratos Defense & Security Solutions has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. On average, equities research analysts expect that Kratos Defense & Security Solutions, Inc. will post 0.31 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on the company. Robert W. Baird lifted their target price on Kratos Defense & Security Solutions from $70.00 to $87.00 and gave the stock an "outperform" rating in a research report on Friday, September 26th. Raymond James Financial reiterated a "strong-buy" rating on shares of Kratos Defense & Security Solutions in a research report on Friday, August 8th. Stifel Nicolaus lifted their target price on Kratos Defense & Security Solutions from $70.00 to $112.00 and gave the stock a "buy" rating in a research report on Wednesday, October 15th. Canaccord Genuity Group lifted their target price on Kratos Defense & Security Solutions from $74.00 to $120.00 and gave the stock a "buy" rating in a research report on Thursday, October 9th. Finally, JPMorgan Chase & Co. lifted their target price on Kratos Defense & Security Solutions from $44.00 to $48.00 and gave the stock a "neutral" rating in a research report on Monday, June 30th. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, Kratos Defense & Security Solutions has an average rating of "Moderate Buy" and an average target price of $77.36.

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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