Vanguard Personalized Indexing Management LLC Raises Holdings in Kratos Defense & Security Solutions, Inc. $KTOS

Key Points

• Vanguard Personalized Indexing Management LLC increased its holdings in Kratos Defense & Security Solutions by 41.5%, owning 13,685 shares valued at $636,000.
• Kratos Defense & Security Solutions reported an earnings per share (EPS) of $0.11, exceeding analysts' expectations of $0.09, with quarterly revenue rising 17.1% year-over-year to $351.50 million.
• Insiders have sold over 85,000 shares of Kratos Defense & Security Solutions stock valued at approximately $6.4 million in the last quarter, indicating possible shifts in insider confidence.

Vanguard Personalized Indexing Management LLC raised its holdings in Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS - Free Report) by 41.5% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 13,685 shares of the aerospace company's stock after buying an additional 4,011 shares during the period. Vanguard Personalized Indexing Management LLC's holdings in Kratos Defense & Security Solutions were worth $636,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Fifth Third Wealth Advisors LLC acquired a new position in shares of Kratos Defense & Security Solutions during the second quarter worth $252,000. Robertson Stephens Wealth Management LLC lifted its holdings in shares of Kratos Defense & Security Solutions by 0.7% in the 2nd quarter. Robertson Stephens Wealth Management LLC now owns 38,965 shares of the aerospace company's stock valued at $1,810,000 after purchasing an additional 275 shares during the last quarter. Maryland State Retirement & Pension System lifted its stake in Kratos Defense & Security Solutions by 9.6% in the second quarter. Maryland State Retirement & Pension System now owns 48,910 shares of the aerospace company's stock valued at $2,272,000 after buying an additional 4,301 shares during the last quarter. KLP Kapitalforvaltning AS boosted its holdings in shares of Kratos Defense & Security Solutions by 2.9% in the second quarter. KLP Kapitalforvaltning AS now owns 31,600 shares of the aerospace company's stock valued at $1,468,000 after acquiring an additional 900 shares during the period. Finally, Belpointe Asset Management LLC grew its position in shares of Kratos Defense & Security Solutions by 2.8% during the second quarter. Belpointe Asset Management LLC now owns 17,908 shares of the aerospace company's stock worth $832,000 after acquiring an additional 480 shares during the last quarter. 75.92% of the stock is currently owned by hedge funds and other institutional investors.

Kratos Defense & Security Solutions Stock Up 4.6%

NASDAQ:KTOS opened at $90.62 on Wednesday. The company has a debt-to-equity ratio of 0.12, a quick ratio of 3.88 and a current ratio of 4.43. The company has a market capitalization of $15.30 billion, a price-to-earnings ratio of 906.29 and a beta of 1.12. Kratos Defense & Security Solutions, Inc. has a one year low of $22.69 and a one year high of $112.57. The stock has a 50-day simple moving average of $78.53 and a 200 day simple moving average of $55.04.

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. The company had revenue of $351.50 million for the quarter, compared to the consensus estimate 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 quarter last year, the business posted $0.14 EPS. Kratos Defense & Security Solutions has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. 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 Kratos Defense & Security Solutions news, insider Thomas E. Iv Mills sold 5,758 shares of the business's stock in a transaction on Tuesday, September 2nd. The shares were sold at an average price of $65.54, for a total transaction of $377,379.32. Following the completion of the sale, the insider owned 9,692 shares in the company, valued at $635,213.68. The trade was a 37.27% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Phillip D. Carrai sold 6,000 shares of the stock in a transaction on Friday, August 15th. The stock was sold at an average price of $67.78, for a total transaction of $406,680.00. Following the sale, the insider directly owned 264,074 shares in the company, valued at $17,898,935.72. This trade represents a 2.22% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 85,716 shares of company stock valued at $6,399,245 over the last quarter. Insiders own 2.37% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the company. The Goldman Sachs Group upgraded Kratos Defense & Security Solutions from a "neutral" rating to a "buy" rating and set a $52.00 price target for the company in a research note on Monday, June 30th. Truist Financial raised their price objective on shares of Kratos Defense & Security Solutions from $78.00 to $125.00 and gave the company a "buy" rating in a research report on Wednesday, October 15th. Citigroup restated an "outperform" rating on shares of Kratos Defense & Security Solutions in a research note on Thursday, October 2nd. Stifel Nicolaus raised their target price on Kratos Defense & Security Solutions from $70.00 to $112.00 and gave the company a "buy" rating in a report on Wednesday, October 15th. Finally, JPMorgan Chase & Co. boosted their target price on shares of 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 equities research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target 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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