Rep. Julia Letlow Purchases Shares of Leonardo DRS, Inc. (NASDAQ:DRS)

Representative Julia Letlow (Republican-Louisiana) recently bought shares of Leonardo DRS, Inc. (NASDAQ:DRS). In a filing disclosed on March 12th, the Representative disclosed that they had bought between $1,001 and $15,000 in Leonardo DRS stock on February 2nd. The trade occurred in the Representative’s “MERRILL LYNCH INVESTMENT ACCOUNT #025” account.

Representative Julia Letlow also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of HF Sinclair (NYSE:DINO) on 2/20/2026.
• Sold $1,001 – $15,000 in shares of BXP (NYSE:BXP) on 2/20/2026.
• Purchased $1,001 – $15,000 in shares of Travelers Companies (NYSE:TRV) on 2/20/2026.
• Sold $1,001 – $15,000 in shares of Expand Energy (NASDAQ:EXE) on 2/17/2026.
• Sold $1,001 – $15,000 in shares of Public Service Enterprise Group (NYSE:PEG) on 2/17/2026.
• Purchased $1,001 – $15,000 in shares of Vistra (NYSE:VST) on 2/17/2026.
• Sold $1,001 – $15,000 in shares of AT&T (NYSE:T) on 2/12/2026.
• Purchased $1,001 – $15,000 in shares of Extra Space Storage (NYSE:EXR) on 2/12/2026.
• Sold $1,001 – $15,000 in shares of Icon (NASDAQ:ICLR) on 2/12/2026.
• Purchased $1,001 – $15,000 in shares of Regeneron Pharmaceuticals (NASDAQ:REGN) on 2/12/2026.

Leonardo DRS Stock Performance

DRS traded down $0.37 during trading hours on Monday, reaching $44.47. The company’s stock had a trading volume of 294,957 shares, compared to its average volume of 1,252,926. The company’s 50-day moving average is $42.59 and its 200-day moving average is $39.60. Leonardo DRS, Inc. has a 52 week low of $28.17 and a 52 week high of $49.31. The firm has a market cap of $11.83 billion, a PE ratio of 43.21, a price-to-earnings-growth ratio of 3.31 and a beta of 0.41. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.60 and a current ratio of 1.89.

Leonardo DRS (NASDAQ:DRS) last released its quarterly earnings results on Sunday, February 15th. The company reported $0.42 earnings per share (EPS) for the quarter. The business had revenue of $1.06 billion during the quarter. Leonardo DRS had a return on equity of 11.68% and a net margin of 7.62%. On average, equities analysts forecast that Leonardo DRS, Inc. will post 1.04 EPS for the current year.

Leonardo DRS Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 24th. Investors of record on Tuesday, March 10th were issued a dividend of $0.09 per share. The ex-dividend date of this dividend was Tuesday, March 10th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 0.8%. Leonardo DRS’s payout ratio is presently 34.95%.

Hedge Funds Weigh In On Leonardo DRS

Hedge funds and other institutional investors have recently made changes to their positions in the company. True Wealth Design LLC lifted its stake in shares of Leonardo DRS by 122.6% in the 3rd quarter. True Wealth Design LLC now owns 541 shares of the company’s stock valued at $25,000 after acquiring an additional 298 shares during the last quarter. Steward Partners Investment Advisory LLC lifted its holdings in 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 buying an additional 275 shares during the period. Quarry LP lifted its holdings in Leonardo DRS by 7,041.7% during the 4th quarter. Quarry LP now owns 857 shares of the company’s stock worth $29,000 after buying an additional 845 shares during the period. Clearstead Advisors LLC grew its position in shares of Leonardo DRS by 564.1% in the 3rd quarter. Clearstead Advisors LLC now owns 684 shares of the company’s stock valued at $31,000 after buying an additional 581 shares during the last quarter. Finally, GAMMA Investing LLC increased its stake in shares of Leonardo DRS by 72.2% in the third quarter. GAMMA Investing LLC now owns 751 shares of the company’s stock valued at $34,000 after buying an additional 315 shares during the period. 18.76% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms recently commented on DRS. Morgan Stanley set a $47.00 price target on shares of Leonardo DRS in a research note on Wednesday, February 25th. Bank of America boosted their price target on Leonardo DRS from $50.00 to $55.00 and gave the company a “buy” rating in a research note on Wednesday, March 25th. Truist Financial set a $59.00 price target on Leonardo DRS in a research report on Wednesday, February 25th. Weiss Ratings upgraded Leonardo DRS from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, March 20th. Finally, Wall Street Zen downgraded Leonardo DRS from a “buy” rating to a “hold” rating in a research report on Saturday, February 28th. Six analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, Leonardo DRS currently has a consensus rating of “Moderate Buy” and an average price target of $51.00.

Insider Transactions at Leonardo DRS

In other news, SVP Pamela Morrow sold 12,000 shares of the company’s stock in a transaction that occurred on Tuesday, March 3rd. The stock was sold at an average price of $45.20, for a total transaction of $542,400.00. Following the transaction, the senior vice president directly owned 6,494 shares of the company’s stock, valued at $293,528.80. This represents a 64.89% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Michael Dippold sold 16,330 shares of the firm’s stock in a transaction on Monday, March 16th. The shares were sold at an average price of $45.27, for a total transaction of $739,259.10. Following the completion of the transaction, the chief financial officer directly owned 26,622 shares in the company, valued at $1,205,177.94. This trade represents a 38.02% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 40,218 shares of company stock worth $1,719,136. Company insiders own 0.12% of the company’s stock.

About Representative Letlow

Julia Letlow (Republican Party) is a member of the U.S. House, representing Louisiana’s 5th Congressional District. She assumed office on April 14, 2021. Her current term ends on January 3, 2027.

Letlow (Republican Party) is running for re-election to the U.S. House to represent Louisiana’s 5th Congressional District. She declared candidacy for the primary scheduled on November 3, 2026.

Julia Letlow earned a doctorate. Letlow’s career experience includes working as a senior administrator with the University of Louisiana at Monroe.

Leonardo DRS Company 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.