GSA Capital Partners LLP Sells 12,293 Shares of Leonardo DRS, Inc. $DRS

GSA Capital Partners LLP cut its stake in Leonardo DRS, Inc. (NASDAQ:DRS) by 54.1% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 10,428 shares of the company’s stock after selling 12,293 shares during the period. GSA Capital Partners LLP’s holdings in Leonardo DRS were worth $473,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of DRS. True Wealth Design LLC raised its stake in Leonardo DRS by 122.6% during the third quarter. True Wealth Design LLC now owns 541 shares of the company’s stock worth $25,000 after acquiring an additional 298 shares in the last quarter. Steward Partners Investment Advisory LLC increased its position in shares of Leonardo DRS by 91.7% during the 2nd quarter. Steward Partners Investment Advisory LLC now owns 575 shares of the company’s stock worth $27,000 after purchasing an additional 275 shares in the last quarter. GAMMA Investing LLC lifted its holdings in Leonardo DRS by 72.2% during the 3rd quarter. GAMMA Investing LLC now owns 751 shares of the company’s stock valued at $34,000 after purchasing an additional 315 shares during the last quarter. UMB Bank n.a. acquired a new position in Leonardo DRS in the third quarter valued at about $45,000. Finally, PNC Financial Services Group Inc. grew its stake in Leonardo DRS by 435.0% during the third quarter. PNC Financial Services Group Inc. now owns 1,161 shares of the company’s stock worth $53,000 after buying an additional 944 shares during the last quarter. Institutional investors and hedge funds own 18.76% of the company’s stock.

Leonardo DRS Trading Up 14.9%

Shares of DRS opened at $43.82 on Wednesday. The stock’s fifty day simple moving average is $38.57 and its 200-day simple moving average is $38.98. The firm has a market capitalization of $11.66 billion, a PE ratio of 44.71, a price-to-earnings-growth ratio of 1.90 and a beta of 0.45. Leonardo DRS, Inc. has a 12-month low of $28.17 and a 12-month high of $49.31. The company has a quick ratio of 1.63, a current ratio of 2.00 and a debt-to-equity ratio of 0.12.

Leonardo DRS (NASDAQ:DRS) last announced its quarterly earnings data on Tuesday, February 24th. The company reported $0.42 earnings per share for the quarter, topping the consensus estimate of $0.37 by $0.05. Leonardo DRS had a return on equity of 11.37% and a net margin of 7.43%.The firm had revenue of $1.06 billion during the quarter, compared to analysts’ expectations of $994.79 million. During the same period in the previous year, the business posted $0.38 EPS. The company’s quarterly revenue was up 8.1% compared to the same quarter last year. Leonardo DRS has set its FY 2026 guidance at 1.200-1.260 EPS. As a group, research analysts predict that Leonardo DRS, Inc. will post 1.04 earnings per share for the current year.

Leonardo DRS Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 24th. Investors of record on Tuesday, March 10th will be issued a $0.09 dividend. This represents a $0.36 annualized dividend and a yield of 0.8%. The ex-dividend date is Tuesday, March 10th. Leonardo DRS’s dividend payout ratio is currently 36.73%.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on the stock. Zacks Research cut shares of Leonardo DRS from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 30th. Wall Street Zen upgraded Leonardo DRS from a “hold” rating to a “buy” rating in a research report on Saturday, February 14th. Canaccord Genuity Group restated a “buy” rating and set a $50.00 target price on shares of Leonardo DRS in a report on Thursday, October 30th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Leonardo DRS in a report on Monday, December 29th. Finally, Truist Financial set a $54.00 price target on shares of Leonardo DRS in a research report on Friday, January 9th. Six research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat, Leonardo DRS currently has a consensus rating of “Moderate Buy” and a consensus price target of $47.14.

More Leonardo DRS News

Here are the key news stories impacting Leonardo DRS this week:

• Positive Sentiment: Q4 beat — DRS reported $0.42 EPS vs. $0.37 expected and revenue of ~$1.06B (up ~8% YoY), which topped analyst estimates and pushed the stock higher. MarketBeat Earnings Summary
• Positive Sentiment: Revenue/growth guidance — management set FY2026 revenue guidance roughly $3.9–$4.0B (above consensus) and a target of 6%–8% organic revenue growth, signaling continued top-line momentum. Investing.com: Earnings & Guidance
• Positive Sentiment: Demand and defense tailwinds — commentary and coverage note robust customer demand, increased defense spending, and investments in innovation/capacity that support the outlook and helped drive investor enthusiasm. Fool: Why DRS Trounced the Market
• Neutral Sentiment: Dividend declared — the board approved a quarterly dividend of $0.09/share (yield ~0.8%), payable Mar 24 to holders of record Mar 10; modest yield, but signals shareholder returns. (Company announcement)
• Neutral Sentiment: Mixed guidance detail — management gave FY2026 EPS guidance of $1.20–$1.26 (roughly in line with consensus at the top end), so while revenue guidance was upbeat, EPS guidance left some ambiguity around margin/earnings upside. BusinessWire: Financial Results & Guidance

Insider Buying and Selling

In related news, EVP Sally Wallace sold 1,300 shares of Leonardo DRS stock in a transaction on Monday, January 5th. The stock was sold at an average price of $35.17, for a total transaction of $45,721.00. Following the completion of the sale, the executive vice president directly owned 58,353 shares of the company’s stock, valued at $2,052,275.01. The trade was a 2.18% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Michael Dippold sold 10,588 shares of the company’s stock in a transaction dated Monday, January 5th. The shares were sold at an average price of $37.00, for a total value of $391,756.00. Following the completion of the sale, the chief financial officer owned 42,952 shares of the company’s stock, valued at $1,589,224. This represents a 19.78% decrease in their position. The SEC filing for this sale provides additional information. 0.12% of the stock is currently owned by company insiders.

Leonardo DRS Profile

Leonardo DRS is a U.S.-based defense technology company and wholly owned subsidiary of Italy’s Leonardo S.p.A. The firm specializes in developing and integrating mission-critical systems for military and government customers, with a primary focus on command, control, communications, computers, intelligence, surveillance and reconnaissance (C4ISR). Its core offerings encompass advanced sensors, targeting systems, radars and electronic warfare solutions designed to enhance situational awareness and operational effectiveness across land, sea and air domains.

The company’s portfolio includes naval combat management systems, unmanned vehicle sensors, power generation and distribution equipment, and training and simulation solutions.