Vicus Capital Makes New Investment in Kratos Defense & Security Solutions, Inc. $KTOS

Key Points

• Vicus Capital has acquired a new stake in Kratos Defense & Security Solutions, purchasing 7,296 shares worth approximately $339,000.
• Institutional investors now own 75.92% of Kratos' stock, with notable increases in positions from firms like Vanguard and Fuller & Thaler Asset Management.
• Wall Street analysts have raised their price targets for Kratos, with Robert W. Baird increasing their target from $70.00 to $87.00, reflecting strong growth expectations and an "outperform" rating.

Vicus Capital purchased a new stake in Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS - Free Report) during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 7,296 shares of the aerospace company's stock, valued at approximately $339,000.

Several other institutional investors and hedge funds also recently modified their holdings of the company. Vanguard Group Inc. raised its position in Kratos Defense & Security Solutions by 11.7% in the 1st quarter. Vanguard Group Inc. now owns 16,447,687 shares of the aerospace company's stock valued at $488,332,000 after buying an additional 1,728,179 shares during the last quarter. Fuller & Thaler Asset Management Inc. lifted its position in shares of Kratos Defense & Security Solutions by 25.5% in the first quarter. Fuller & Thaler Asset Management Inc. now owns 2,609,621 shares of the aerospace company's stock worth $77,480,000 after purchasing an additional 530,599 shares in the last quarter. Invesco Ltd. boosted its holdings in Kratos Defense & Security Solutions by 75.2% during the first quarter. Invesco Ltd. now owns 2,402,444 shares of the aerospace company's stock worth $71,329,000 after purchasing an additional 1,031,223 shares during the last quarter. Voya Investment Management LLC grew its position in Kratos Defense & Security Solutions by 129.2% in the first quarter. Voya Investment Management LLC now owns 2,163,223 shares of the aerospace company's stock valued at $64,226,000 after purchasing an additional 1,219,585 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its position in Kratos Defense & Security Solutions by 4.0% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 1,574,099 shares of the aerospace company's stock worth $46,735,000 after buying an additional 60,662 shares in the last quarter. 75.92% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Kratos Defense & Security Solutions news, insider Phillip D. Carrai sold 6,000 shares of the company's stock in a transaction on Tuesday, July 15th. The stock was sold at an average price of $51.42, for a total value of $308,520.00. Following the transaction, the insider directly owned 270,104 shares of the company's stock, valued at $13,888,747.68. This represents a 2.17% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, insider Steven S. Fendley sold 7,000 shares of the stock in a transaction on Monday, August 25th. The stock was sold at an average price of $67.58, for a total value of $473,060.00. Following the transaction, the insider owned 346,441 shares in the company, valued at $23,412,482.78. The trade was a 1.98% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 73,430 shares of company stock valued at $4,863,182 in the last ninety days. 2.37% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on the company. Robert W. Baird increased their price target on Kratos Defense & Security Solutions from $70.00 to $87.00 and gave the company an "outperform" rating in a research report on Friday, September 26th. Stifel Nicolaus increased their price objective on Kratos Defense & Security Solutions from $54.00 to $70.00 and gave the company a "buy" rating in a report on Monday, July 21st. Royal Bank Of Canada boosted their target price on shares of Kratos Defense & Security Solutions from $50.00 to $65.00 and gave the stock an "outperform" rating in a report on Friday, August 8th. Raymond James Financial reaffirmed a "strong-buy" rating on shares of Kratos Defense & Security Solutions in a research report on Friday, August 8th. Finally, B. Riley reissued a "buy" rating and issued a $72.00 price objective (up previously from $55.00) on shares of Kratos Defense & Security Solutions in a research report on Monday, August 11th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $63.50.

Kratos Defense & Security Solutions Price Performance

NASDAQ:KTOS opened at $95.03 on Friday. The company has a market cap of $16.04 billion, a P/E ratio of 950.40 and a beta of 1.12. The firm's fifty day moving average price is $69.62 and its two-hundred day moving average price is $49.17. Kratos Defense & Security Solutions, Inc. has a one year low of $22.69 and a one year high of $96.40. 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 (NASDAQ:KTOS - Get Free Report) last announced its earnings results on Thursday, August 7th. The aerospace company reported $0.11 EPS for the quarter, topping the consensus estimate of $0.09 by $0.02. Kratos Defense & Security Solutions had a net margin of 1.20% and a return on equity of 3.10%. The business had revenue of $351.50 million during the quarter, compared to the consensus estimate of $305.67 million. During the same quarter in the previous year, the firm posted $0.14 EPS. Kratos Defense & Security Solutions's revenue 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. Equities analysts expect that Kratos Defense & Security Solutions, Inc. will post 0.31 earnings per share for the current year.

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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