Fieldview Capital Management LLC Invests $1.11 Million in Leonardo DRS, Inc. $DRS

Fieldview Capital Management LLC acquired a new position in Leonardo DRS, Inc. (NASDAQ:DRS) in the 4th quarter, Holdings Channel reports. The institutional investor acquired 32,457 shares of the company’s stock, valued at approximately $1,106,000.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Kennedy Capital Management LLC raised its stake in Leonardo DRS by 0.4% in the 4th quarter. Kennedy Capital Management LLC now owns 100,366 shares of the company’s stock worth $3,421,000 after purchasing an additional 431 shares in the last quarter. Entropy Technologies LP raised its stake in Leonardo DRS by 205.9% in the 4th quarter. Entropy Technologies LP now owns 42,517 shares of the company’s stock worth $1,449,000 after purchasing an additional 28,620 shares in the last quarter. Aigen Investment Management LP acquired a new stake in Leonardo DRS in the 4th quarter worth about $736,000. Kestra Advisory Services LLC acquired a new position in shares of Leonardo DRS in the 4th quarter valued at approximately $48,000. Finally, Marshall Wace LLP raised its position in shares of Leonardo DRS by 45.4% in the 4th quarter. Marshall Wace LLP now owns 152,900 shares of the company’s stock valued at $5,212,000 after buying an additional 47,712 shares in the last quarter. Institutional investors and hedge funds own 18.76% of the company’s stock.

Insider Activity at Leonardo DRS

In other Leonardo DRS news, EVP Sally Wallace sold 28,960 shares of the company’s stock in a transaction on Thursday, April 2nd. The shares were sold at an average price of $46.35, for a total transaction of $1,342,296.00. Following the transaction, the executive vice president owned 58,353 shares in the company, valued at approximately $2,704,661.55. This represents a 33.17% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Reuben Jeffery III acquired 25,000 shares of the stock in a transaction on Tuesday, May 19th. The shares were acquired at an average price of $42.77 per share, for a total transaction of $1,069,250.00. Following the acquisition, the director owned 25,000 shares of the company’s stock, valued at approximately $1,069,250. The trade was a ∞ increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have sold 59,759 shares of company stock worth $2,751,977 over the last ninety days. 0.25% of the stock is owned by corporate insiders.

Leonardo DRS Price Performance

Shares of NASDAQ DRS opened at $48.53 on Monday. The company has a market capitalization of $12.95 billion, a P/E ratio of 45.36, a price-to-earnings-growth ratio of 3.50 and a beta of 0.34. Leonardo DRS, Inc. has a 52-week low of $32.43 and a 52-week high of $50.59. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.52 and a current ratio of 1.86. The company’s 50 day moving average price is $44.60 and its 200-day moving average price is $41.38.

Leonardo DRS (NASDAQ:DRS) last issued its quarterly earnings results on Tuesday, May 5th. The company reported $0.26 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.21 by $0.05. Leonardo DRS had a net margin of 7.85% and a return on equity of 12.02%. The firm had revenue of $846.00 million for the quarter, compared to the consensus estimate of $825.05 million. During the same quarter in the previous year, the company earned $0.20 EPS. The company’s revenue for the quarter was up 5.9% on a year-over-year basis. Leonardo DRS has set its FY 2026 guidance at 1.260-1.300 EPS. Equities analysts forecast that Leonardo DRS, Inc. will post 1.3 earnings per share for the current year.

Leonardo DRS Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 2nd. Investors of record on Tuesday, May 19th were given a dividend of $0.09 per share. This represents a $0.36 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date was Tuesday, May 19th. Leonardo DRS’s payout ratio is presently 33.64%.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on DRS shares. Truist Financial upgraded shares of Leonardo DRS to a “strong-buy” rating in a research report on Friday, May 1st. Wall Street Zen raised shares of Leonardo DRS from a “hold” rating to a “buy” rating in a report on Sunday, May 10th. Morgan Stanley set a $47.00 price target on shares of Leonardo DRS in a report on Wednesday, February 25th. Bank of America lifted their price target on shares of Leonardo DRS from $50.00 to $55.00 and gave the company a “buy” rating in a report on Wednesday, March 25th. Finally, Canaccord Genuity Group boosted their target price on shares of Leonardo DRS from $52.00 to $54.00 and gave the stock a “buy” rating in a report on Wednesday, May 6th. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $52.00.

About Leonardo DRS

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.