MRA Advisory Group Lowers Holdings in Kratos Defense & Security Solutions, Inc. $KTOS

MRA Advisory Group lowered its position in Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) by 72.3% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 8,012 shares of the aerospace company’s stock after selling 20,876 shares during the quarter. MRA Advisory Group’s holdings in Kratos Defense & Security Solutions were worth $399,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the company. Royal Bank of Canada raised its position in Kratos Defense & Security Solutions by 22.6% during the 1st quarter. Royal Bank of Canada now owns 190,481 shares of the aerospace company’s stock valued at $5,655,000 after purchasing an additional 35,098 shares in the last quarter. Amundi purchased a new stake in shares of Kratos Defense & Security Solutions in the 1st quarter worth $791,000. NewEdge Advisors LLC grew its position in shares of Kratos Defense & Security Solutions by 64.4% during the 1st quarter. NewEdge Advisors LLC now owns 1,315 shares of the aerospace company’s stock worth $39,000 after buying an additional 515 shares in the last quarter. Jones Financial Companies Lllp grew its position in shares of Kratos Defense & Security Solutions by 178.0% during the 1st quarter. Jones Financial Companies Lllp now owns 3,570 shares of the aerospace company’s stock worth $108,000 after buying an additional 2,286 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in shares of Kratos Defense & Security Solutions by 11.7% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 393,614 shares of the aerospace company’s stock worth $11,686,000 after buying an additional 41,265 shares in the last quarter. 75.92% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting Kratos Defense & Security Solutions

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

• Positive Sentiment: Results exceeded expectations. Kratos reported second-quarter EPS of $0.21, up from $0.11 a year earlier and above the $0.14 analyst consensus. Revenue increased 30.5% year over year to $458.8 million, surpassing estimates of approximately $410 million. Kratos Earnings Beat
• Positive Sentiment: Management highlighted stronger second-half growth. The company cited increased capacity, program funding and bookings across hypersonics, jet engines, unmanned systems and counter-drone technologies. Kratos also views engines for low-cost cruise missiles as a significant future growth opportunity. KTOS Q2 Earnings Call Highlights
• Positive Sentiment: A new U.S. Army development contract adds strategic support. Kratos will develop an Enhanced Seeker for the Javelin missile system, expanding its role in precision weapons and missile technology. Kratos Receives U.S. Army Contract
• Positive Sentiment: Analyst sentiment remains supportive. Piper Sandler upgraded KTOS, and BTIG raised its price target to $104 while maintaining a Buy rating, reinforcing investor confidence following the earnings report. Kratos Upgraded at Piper Sandler
• Neutral Sentiment: Valuation remains a risk. With a high earnings multiple and relatively modest profitability, KTOS could be vulnerable if program launches, capacity expansion or defense bookings fall short of expectations.
• Negative Sentiment: Cantor Fitzgerald reduced its price target to $100 from $115, although it retained an Overweight rating. Separately, CFO Deanna Lund sold 5,000 shares under a pre-arranged Rule 10b5-1 plan; the sale was a small reduction in her holdings but may provide a minor counterpoint to the bullish news. KTOS Insider Sale

Analyst Upgrades and Downgrades

Several analysts recently weighed in on KTOS shares. Weiss Ratings downgraded Kratos Defense & Security Solutions from a “hold (c)” rating to a “sell (d+)” rating in a report on Wednesday. Citizens Jmp dropped their target price on shares of Kratos Defense & Security Solutions from $125.00 to $105.00 and set a “market outperform” rating on the stock in a report on Friday, May 8th. Jefferies Financial Group set a $105.00 target price on shares of Kratos Defense & Security Solutions in a research report on Wednesday. UBS Group restated a “neutral” rating and issued a $82.00 price target on shares of Kratos Defense & Security Solutions in a report on Thursday, May 7th. Finally, Cantor Fitzgerald lowered their price target on shares of Kratos Defense & Security Solutions from $115.00 to $100.00 and set an “overweight” rating for the company in a research report on Tuesday. Two analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $101.29.

Kratos Defense & Security Solutions Trading Up 5.9%

Shares of NASDAQ:KTOS opened at $60.77 on Friday. The company has a market capitalization of $11.41 billion, a PE ratio of 357.47 and a beta of 1.08. The company has a current ratio of 5.54, a quick ratio of 5.08 and a debt-to-equity ratio of 0.04. Kratos Defense & Security Solutions, Inc. has a 12-month low of $43.09 and a 12-month high of $134.00. The business’s fifty day simple moving average is $52.27 and its 200-day simple moving average is $70.57.

Kratos Defense & Security Solutions (NASDAQ:KTOS) last issued its quarterly earnings data on Tuesday, August 4th. The aerospace company reported $0.21 earnings per share for the quarter, topping analysts’ consensus estimates of $0.14 by $0.07. Kratos Defense & Security Solutions had a return on equity of 3.07% and a net margin of 2.03%.The firm had revenue of $458.80 million during the quarter, compared to analysts’ expectations of $410.36 million. During the same period in the prior year, the business posted $0.11 EPS. The firm’s quarterly revenue was up 30.5% on a year-over-year basis. As a group, equities research analysts predict that Kratos Defense & Security Solutions, Inc. will post 0.48 earnings per share for the current fiscal year.

Insider Activity

In other Kratos Defense & Security Solutions news, insider Jonah Adelman sold 31,348 shares of the stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $57.06, for a total transaction of $1,788,716.88. Following the completion of the sale, the insider directly owned 8,000 shares of the company’s stock, valued at approximately $456,480. This represents a 79.67% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CFO Deanna H. Lund sold 5,000 shares of the firm’s stock in a transaction dated Monday, June 1st. The shares were sold at an average price of $63.74, for a total transaction of $318,700.00. Following the completion of the sale, the chief financial officer owned 290,161 shares in the company, valued at $18,494,862.14. This represents a 1.69% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 144,036 shares of company stock valued at $8,034,017. Company insiders own 1.50% of the company’s stock.

Kratos Defense & Security Solutions 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.