Granite Investment Partners LLC Trims Stock Holdings in Kratos Defense & Security Solutions, Inc. $KTOS

Granite Investment Partners LLC decreased its holdings in Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) by 83.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 79,429 shares of the aerospace company’s stock after selling 397,644 shares during the quarter. Granite Investment Partners LLC’s holdings in Kratos Defense & Security Solutions were worth $7,257,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in the stock. TD Waterhouse Canada Inc. acquired a new stake in shares of Kratos Defense & Security Solutions during the second quarter worth $30,000. Rakuten Securities Inc. acquired a new position in shares of Kratos Defense & Security Solutions during the second quarter worth about $31,000. Bayforest Capital Ltd purchased a new position in Kratos Defense & Security Solutions during the third quarter worth about $32,000. Whittier Trust Co. acquired a new stake in Kratos Defense & Security Solutions in the third quarter valued at about $38,000. Finally, NewEdge Advisors LLC boosted its holdings in Kratos Defense & Security Solutions by 64.4% in the 1st quarter. NewEdge Advisors LLC now owns 1,315 shares of the aerospace company’s stock valued at $39,000 after purchasing an additional 515 shares in the last quarter. 75.92% of the stock is owned by institutional investors and hedge funds.

Kratos Defense & Security Solutions Trading Down 9.1%

Shares of KTOS stock opened at $96.08 on Monday. The stock has a market cap of $16.37 billion, a P/E ratio of 739.13 and a beta of 1.09. The company has a quick ratio of 3.68, a current ratio of 4.30 and a debt-to-equity ratio of 0.04. Kratos Defense & Security Solutions, Inc. has a fifty-two week low of $23.90 and a fifty-two week high of $134.00. The business has a fifty day simple moving average of $96.38 and a 200-day simple moving average of $84.40.

Trending Headlines about Kratos Defense & Security Solutions

Here are the key news stories impacting Kratos Defense & Security Solutions this week:

• Positive Sentiment: Prometheus Energetics (a JV that includes Kratos) broke ground on a new solid rocket motor campus in Indiana—this expands Kratos’ propulsion/energetics capability and supports longer‑term revenue potential. Prometheus Energetics Breaks Ground
• Positive Sentiment: Kratos announced expanded roles in hypersonics, satellites and autonomy programs—operational wins in high‑priority defense segments that support multi‑year growth expectations. Kratos Expands Role In Hypersonics
• Positive Sentiment: Kratos won a contract to streamline hypersonic materials development—a technical contract that reinforces its addressable market in hypersonics. Hypersonic Materials Contract
• Neutral Sentiment: Reported short‑interest figures are effectively zero/ambiguous (likely a reporting/data quirk) and are unlikely to be a material driver of today’s move.
• Negative Sentiment: UBS initiated coverage with a “neutral” rating and a $79 price target—this published target sits well below recent trading levels and can directly weaken sentiment and trigger selling pressure. UBS Initiates Coverage
• Negative Sentiment: Two insiders disclosed sales (SVP Marie Mendoza sold 1,500 shares at ~$88.08; Phillip D. Carrai sold 6,500 shares at ~$90.91). While both still hold large positions, the filings read as near‑term profit taking and likely added to downward pressure. Insider Sale Filings Insider Sale Filings 2

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on KTOS shares. Truist Financial set a $135.00 target price on Kratos Defense & Security Solutions in a research note on Friday, January 9th. KeyCorp increased their price objective on Kratos Defense & Security Solutions from $90.00 to $130.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 28th. Noble Financial reissued an “outperform” rating on shares of Kratos Defense & Security Solutions in a report on Tuesday, January 20th. Jefferies Financial Group reiterated a “hold” rating and issued a $85.00 price target on shares of Kratos Defense & Security Solutions in a report on Thursday, November 6th. Finally, Piper Sandler initiated coverage on shares of Kratos Defense & Security Solutions in a research note on Wednesday, January 21st. They issued a “neutral” rating and a $99.00 price objective for the company. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat, Kratos Defense & Security Solutions currently has an average rating of “Moderate Buy” and a consensus price target of $93.83.

Insider Transactions at Kratos Defense & Security Solutions

In other news, Director Scot B. Jarvis sold 5,000 shares of the stock in a transaction that occurred on Thursday, February 12th. The shares were sold at an average price of $88.40, for a total value of $442,000.00. Following the sale, the director directly owned 95,417 shares in the company, valued at $8,434,862.80. This represents a 4.98% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Phillip D. Carrai sold 6,500 shares of the firm’s stock in a transaction that occurred on Tuesday, February 17th. The stock was sold at an average price of $90.91, for a total transaction of $590,915.00. Following the transaction, the insider directly owned 213,325 shares of the company’s stock, valued at approximately $19,393,375.75. This trade represents a 2.96% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 911,907 shares of company stock worth $74,908,183 in the last 90 days. Insiders own 2.37% of the company’s stock.

Kratos Defense & Security Solutions Company Profile

Kratos Defense & Security Solutions, Inc (NASDAQ: KTOS) is a technology-driven company that specializes in national security and defense solutions for government and military customers. The firm’s core capabilities span unmanned systems, satellite communications, missile defense, cyber security, and directed-energy weapons. Through its integrated approach, Kratos delivers mission-critical products and services designed to enhance operational readiness and support force modernization initiatives.

In the unmanned systems arena, Kratos develops high-performance aerial platforms used as target drones, low-cost attritable aircraft and experimental stealth demonstrators.