Waratah Capital Advisors Ltd. Takes $3.91 Million Position in Kratos Defense & Security Solutions, Inc. $KTOS

Waratah Capital Advisors Ltd. bought a new position in Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 84,096 shares of the aerospace company’s stock, valued at approximately $3,906,000. Waratah Capital Advisors Ltd. owned about 0.05% of Kratos Defense & Security Solutions at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in KTOS. Rovida Advisors Inc. bought a new stake in Kratos Defense & Security Solutions in the 2nd quarter worth approximately $82,315,000. Vanguard Group Inc. boosted its position in shares of Kratos Defense & Security Solutions by 11.7% during the 1st quarter. Vanguard Group Inc. now owns 16,447,687 shares of the aerospace company’s stock valued at $488,332,000 after acquiring an additional 1,728,179 shares during the last quarter. Nuveen LLC purchased a new position in shares of Kratos Defense & Security Solutions in the first quarter valued at $41,118,000. Voya Investment Management LLC increased 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 worth $64,226,000 after purchasing an additional 1,219,585 shares during the last quarter. Finally, Invesco Ltd. lifted its position 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 valued at $71,329,000 after purchasing an additional 1,031,223 shares during the last quarter. 75.92% of the stock is owned by institutional investors.

Kratos Defense & Security Solutions Price Performance

Shares of KTOS stock opened at $72.45 on Friday. The stock has a 50 day moving average price of $84.61 and a 200 day moving average price of $61.64. Kratos Defense & Security Solutions, Inc. has a 52-week low of $23.90 and a 52-week high of $112.57. 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 firm has a market capitalization of $12.23 billion, a P/E ratio of 724.57 and a beta of 1.11.

Kratos Defense & Security Solutions (NASDAQ:KTOS) last released its earnings results on Tuesday, November 4th. The aerospace company reported $0.14 earnings per share for the quarter, topping analysts’ consensus estimates of $0.12 by $0.02. The business had revenue of $347.60 million for the quarter, compared to analyst estimates of $323.01 million. Kratos Defense & Security Solutions had a return on equity of 3.10% and a net margin of 1.20%.The business’s revenue was up 26.0% compared to the same quarter last year. During the same quarter last year, the firm posted $0.11 earnings per share. Kratos Defense & Security Solutions has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. As a group, sell-side analysts predict that Kratos Defense & Security Solutions, Inc. will post 0.31 earnings per share for the current year.

Analyst Ratings Changes

A number of analysts have recently weighed in on KTOS shares. JMP Securities boosted their target price on shares of Kratos Defense & Security Solutions from $70.00 to $105.00 and gave the stock a “market outperform” rating in a report on Thursday, October 2nd. Royal Bank Of Canada boosted their price objective on Kratos Defense & Security Solutions from $50.00 to $65.00 and gave the stock an “outperform” rating in a research note on Friday, August 8th. Canaccord Genuity Group raised their price objective on Kratos Defense & Security Solutions from $74.00 to $120.00 and gave the company a “buy” rating in a research note on Thursday, October 9th. Jefferies Financial Group reiterated a “hold” rating and issued a $85.00 target price on shares of Kratos Defense & Security Solutions in a report on Thursday, November 6th. Finally, Raymond James Financial restated a “strong-buy” rating on shares of Kratos Defense & Security Solutions in a report on Friday, August 8th. One investment 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 stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $82.36.

Insider Activity

In other news, insider Steven S. Fendley sold 7,000 shares of the stock in a transaction on Monday, October 27th. The stock was sold at an average price of $91.25, for a total transaction of $638,750.00. Following the transaction, the insider owned 332,421 shares of the company’s stock, valued at approximately $30,333,416.25. This represents a 2.06% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Phillip D. Carrai sold 6,000 shares of the firm’s stock in a transaction on Wednesday, October 15th. The shares were sold at an average price of $96.90, for a total value of $581,400.00. Following the transaction, the insider owned 252,041 shares in the company, valued at approximately $24,422,772.90. This represents a 2.33% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 82,716 shares of company stock valued at $6,608,725. Insiders own 2.37% of the company’s stock.

About Kratos Defense & Security Solutions

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.