Wealth Enhancement Advisory Services LLC Increases Stock Holdings in Kratos Defense & Security Solutions, Inc. $KTOS

Wealth Enhancement Advisory Services LLC raised its stake in Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) by 11.6% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 22,336 shares of the aerospace company’s stock after purchasing an additional 2,326 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in Kratos Defense & Security Solutions were worth $998,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in KTOS. MassMutual Private Wealth & Trust FSB increased its stake in Kratos Defense & Security Solutions by 202.3% in the first quarter. MassMutual Private Wealth & Trust FSB now owns 1,046 shares of the aerospace company’s stock valued at $31,000 after purchasing an additional 700 shares during the last quarter. GAMMA Investing LLC grew its position in shares of Kratos Defense & Security Solutions by 4,072.6% during the first quarter. GAMMA Investing LLC now owns 17,191 shares of the aerospace company’s stock worth $510,000 after acquiring an additional 16,779 shares during the last quarter. Rhumbline Advisers grew its position in shares of Kratos Defense & Security Solutions by 63.2% during the first quarter. Rhumbline Advisers now owns 360,665 shares of the aerospace company’s stock worth $10,708,000 after acquiring an additional 139,725 shares during the last quarter. Hennion & Walsh Asset Management Inc. grew its position in shares of Kratos Defense & Security Solutions by 13.6% during the first quarter. Hennion & Walsh Asset Management Inc. now owns 37,208 shares of the aerospace company’s stock worth $1,105,000 after acquiring an additional 4,466 shares during the last quarter. Finally, Veracity Capital LLC purchased a new position in shares of Kratos Defense & Security Solutions during the first quarter worth approximately $471,000. 75.92% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

KTOS has been the topic of a number of research reports. Canaccord Genuity Group restated a “buy” rating and set a $74.00 target price on shares of Kratos Defense & Security Solutions in a research report on Tuesday, September 9th. Royal Bank Of Canada raised their target price on shares of Kratos Defense & Security Solutions from $50.00 to $65.00 and gave the stock an “outperform” rating in a research report on Friday, August 8th. Robert W. Baird raised their target price on shares of Kratos Defense & Security Solutions from $70.00 to $87.00 and gave the stock an “outperform” rating in a research report on Friday, September 26th. BTIG Research upgraded shares of Kratos Defense & Security Solutions from a “neutral” rating to a “buy” rating and set a $80.00 target price on the stock in a research report on Thursday, August 14th. Finally, JMP Securities set a $70.00 price objective on shares of Kratos Defense & Security Solutions and gave the company a “market outperform” rating in a research report on Tuesday, July 22nd. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, Kratos Defense & Security Solutions has a consensus rating of “Moderate Buy” and a consensus target price of $61.00.

Kratos Defense & Security Solutions Price Performance

Kratos Defense & Security Solutions stock opened at $92.96 on Thursday. Kratos Defense & Security Solutions, Inc. has a one year low of $22.69 and a one year high of $93.52. The company has a debt-to-equity ratio of 0.12, a quick ratio of 3.88 and a current ratio of 4.43. The business has a fifty day moving average of $68.90 and a two-hundred day moving average of $48.73. The company has a market cap of $15.69 billion, a P/E ratio of 929.69 and a beta of 1.12.

Kratos Defense & Security Solutions (NASDAQ:KTOS) last released its earnings results on Thursday, August 7th. The aerospace company reported $0.11 EPS for the quarter, beating analysts’ consensus estimates of $0.09 by $0.02. Kratos Defense & Security Solutions had a return on equity of 3.10% and a net margin of 1.20%.The company had revenue of $351.50 million during the quarter, compared to the consensus estimate of $305.67 million. During the same quarter last year, the company earned $0.14 earnings per share. Kratos Defense & Security Solutions’s quarterly revenue was up 17.1% compared to the same quarter last year. Kratos Defense & Security Solutions has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. As a group, analysts predict that Kratos Defense & Security Solutions, Inc. will post 0.31 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, insider Steven S. Fendley sold 7,000 shares of Kratos Defense & Security Solutions stock in a transaction on Monday, September 29th. The stock was sold at an average price of $88.88, for a total transaction of $622,160.00. Following the completion of the transaction, the insider owned 339,419 shares of the company’s stock, valued at $30,167,560.72. The trade was a 2.02% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, insider David M. Carter sold 4,000 shares of Kratos Defense & Security Solutions stock in a transaction on Friday, September 12th. The stock was sold at an average price of $68.70, for a total value of $274,800.00. Following the transaction, the insider directly owned 97,809 shares of the company’s stock, valued at $6,719,478.30. This trade represents a 3.93% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 73,430 shares of company stock valued at $4,863,182 in the last quarter. Corporate insiders own 2.37% of the company’s stock.

Kratos Defense & Security Solutions Profile

Kratos Defense & Security Solutions, Inc engages in the provision of mission critical products, services and solutions for United States national security priorities. It operates through the Kratos Government Solutions (KGS) and Unmanned Systems (US) segments. The KGS segment consists of an aggregation of KGS operating segments, including microwave electronic products, space, satellite and cyber, training solutions.