Liberty One Investment Management LLC Decreases Stake in Kratos Defense & Security Solutions, Inc. $KTOS

Liberty One Investment Management LLC cut its holdings in Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) by 19.8% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 21,042 shares of the aerospace company’s stock after selling 5,187 shares during the quarter. Liberty One Investment Management LLC’s holdings in Kratos Defense & Security Solutions were worth $977,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of KTOS. Vanguard Group Inc. boosted its stake in shares of Kratos Defense & Security Solutions by 11.7% in the first 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 in the last quarter. Nuveen LLC purchased a new stake in shares of Kratos Defense & Security Solutions in the first quarter valued at approximately $41,118,000. Voya Investment Management LLC raised its holdings in Kratos Defense & Security Solutions by 129.2% during the first quarter. Voya Investment Management LLC now owns 2,163,223 shares of the aerospace company’s stock worth $64,226,000 after purchasing an additional 1,219,585 shares during the last quarter. Invesco Ltd. raised 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. Finally, Principal Financial Group Inc. raised its holdings in Kratos Defense & Security Solutions by 9,709.0% during the first quarter. Principal Financial Group Inc. now owns 997,578 shares of the aerospace company’s stock worth $29,618,000 after purchasing an additional 987,408 shares during the last quarter. 75.92% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on KTOS shares. Noble Financial reaffirmed an “outperform” rating on shares of Kratos Defense & Security Solutions in a report on Monday, August 11th. Raymond James Financial reaffirmed a “strong-buy” rating on shares of Kratos Defense & Security Solutions in a report on Friday, August 8th. Canaccord Genuity Group lifted their price objective on Kratos Defense & Security Solutions from $74.00 to $120.00 and gave the stock a “buy” rating in a report on Thursday, October 9th. BTIG Research raised Kratos Defense & Security Solutions from a “neutral” rating to a “buy” rating and set a $80.00 price objective for the company in a report on Thursday, August 14th. Finally, Citigroup reaffirmed an “outperform” rating on shares of Kratos Defense & Security Solutions in a report on Thursday, October 2nd. One research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $77.36.

Kratos Defense & Security Solutions Stock Performance

NASDAQ KTOS opened at $86.65 on Tuesday. Kratos Defense & Security Solutions, Inc. has a fifty-two week low of $22.69 and a fifty-two week high of $112.57. The stock has a market cap of $14.63 billion, a price-to-earnings ratio of 866.59 and a beta of 1.12. The business has a fifty day moving average of $78.10 and a 200-day moving average of $54.79. The company has a quick ratio of 3.88, a current ratio of 4.43 and a debt-to-equity ratio of 0.12.

Kratos Defense & Security Solutions (NASDAQ:KTOS) last released its quarterly earnings results on Thursday, August 7th. The aerospace company reported $0.11 earnings per share for the quarter, topping analysts’ consensus estimates 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 company had revenue of $351.50 million during the quarter, compared to analysts’ expectations of $305.67 million. During the same period in the previous year, the firm posted $0.14 earnings per share. The business’s revenue for the quarter 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. As a group, analysts predict that Kratos Defense & Security Solutions, Inc. will post 0.31 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, insider Thomas E. Iv Mills sold 5,758 shares of the business’s stock in a transaction on Tuesday, September 2nd. The stock was sold at an average price of $65.54, for a total value of $377,379.32. Following the completion of the transaction, the insider directly owned 9,692 shares of the company’s stock, valued at $635,213.68. The trade was a 37.27% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, insider Steven S. Fendley sold 7,000 shares of Kratos Defense & Security Solutions stock in a transaction on Monday, August 25th. The shares were sold at an average price of $67.58, for a total value of $473,060.00. Following the completion of the sale, the insider directly owned 346,441 shares of the company’s stock, valued at approximately $23,412,482.78. This represents a 1.98% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 85,716 shares of company stock valued at $6,399,245. Company insiders own 2.37% of the company’s stock.

Kratos Defense & Security Solutions Company 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.