Rhumbline Advisers Has $17.70 Million Stock Position in Kratos Defense & Security Solutions, Inc. $KTOS

Rhumbline Advisers grew its position in Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) by 5.6% during the second quarter, HoldingsChannel reports. The firm owned 380,956 shares of the aerospace company’s stock after buying an additional 20,291 shares during the period. Rhumbline Advisers’ holdings in Kratos Defense & Security Solutions were worth $17,695,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of KTOS. Costello Asset Management INC bought a new stake in Kratos Defense & Security Solutions during the first quarter valued at $29,000. TD Waterhouse Canada Inc. acquired a new position in shares of Kratos Defense & Security Solutions in the 2nd quarter valued at about $30,000. Twin Tree Management LP bought a new stake in shares of Kratos Defense & Security Solutions during the 1st quarter valued at about $37,000. Banque Cantonale Vaudoise acquired a new stake in Kratos Defense & Security Solutions during the first quarter worth approximately $38,000. Finally, NewEdge Advisors LLC grew its stake in Kratos Defense & Security Solutions by 64.4% during the first quarter. NewEdge Advisors LLC now owns 1,315 shares of the aerospace company’s stock worth $39,000 after purchasing an additional 515 shares during the period. 75.92% of the stock is currently owned by institutional investors and hedge funds.

Kratos Defense & Security Solutions Stock Performance

Shares of KTOS stock opened at $75.94 on Friday. The company has a debt-to-equity ratio of 0.12, a current ratio of 4.43 and a quick ratio of 3.88. The firm has a 50-day moving average of $84.78 and a 200-day moving average of $64.06. Kratos Defense & Security Solutions, Inc. has a one year low of $23.90 and a one year high of $112.57. The company has a market cap of $12.82 billion, a P/E ratio of 759.44 and a beta of 1.11.

Kratos Defense & Security Solutions (NASDAQ:KTOS) last issued its quarterly earnings data on Tuesday, November 4th. The aerospace company reported $0.14 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.12 by $0.02. The business had revenue of $347.60 million during the quarter, compared to the consensus estimate of $323.01 million. Kratos Defense & Security Solutions had a net margin of 1.20% and a return on equity of 3.10%. The firm’s quarterly revenue was up 26.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.11 EPS. Kratos Defense & Security Solutions has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. Equities research analysts forecast that Kratos Defense & Security Solutions, Inc. will post 0.31 EPS for the current fiscal year.

Insider Buying and Selling

In related news, insider Steven S. Fendley sold 7,000 shares of the company’s stock in a transaction that occurred on Monday, November 24th. The shares were sold at an average price of $69.62, for a total transaction of $487,340.00. Following the sale, the insider directly owned 325,438 shares in the company, valued at approximately $22,656,993.56. This represents a 2.11% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, SVP Marie Mendoza sold 1,408 shares of the stock in a transaction on Monday, November 17th. The stock was sold at an average price of $72.09, for a total value of $101,502.72. Following the sale, the senior vice president owned 59,123 shares in the company, valued at approximately $4,262,177.07. This represents a 2.33% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 118,624 shares of company stock worth $9,334,038 in the last three months. Insiders own 2.37% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on KTOS. Raymond James Financial restated a “strong-buy” rating on shares of Kratos Defense & Security Solutions in a report on Friday, August 8th. BNP Paribas Exane assumed coverage on shares of Kratos Defense & Security Solutions in a research note on Tuesday, November 18th. They set a “neutral” rating and a $80.00 target price on the stock. Weiss Ratings restated a “hold (c)” rating on shares of Kratos Defense & Security Solutions in a report on Wednesday, October 8th. Citigroup reiterated an “outperform” rating on shares of Kratos Defense & Security Solutions in a report on Thursday, October 2nd. Finally, Noble Financial reissued an “outperform” rating on shares of Kratos Defense & Security Solutions in a research report on Thursday, November 6th. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $82.06.

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.