Allianz Asset Management GmbH Makes New $234,000 Investment in Kratos Defense & Security Solutions, Inc. $KTOS

Allianz Asset Management GmbH purchased a new position in Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 5,042 shares of the aerospace company’s stock, valued at approximately $234,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Farther Finance Advisors LLC lifted its holdings in shares of Kratos Defense & Security Solutions by 129.0% in the 2nd quarter. Farther Finance Advisors LLC now owns 893 shares of the aerospace company’s stock worth $41,000 after acquiring an additional 503 shares during the last quarter. Costello Asset Management INC purchased a new stake in Kratos Defense & Security Solutions during the 1st quarter valued at $29,000. Larson Financial Group LLC purchased a new stake in Kratos Defense & Security Solutions during the 1st quarter valued at $30,000. Smallwood Wealth Investment Management LLC bought a new position in Kratos Defense & Security Solutions in the 1st quarter worth $30,000. Finally, Twin Tree Management LP bought a new position in Kratos Defense & Security Solutions in the 1st quarter worth $37,000. Hedge funds and other institutional investors own 75.92% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the stock. B. Riley lowered shares of Kratos Defense & Security Solutions from a “buy” rating to a “neutral” rating and upped their price objective for the stock from $72.00 to $105.00 in a report on Wednesday, October 8th. Robert W. Baird increased their price target on shares of Kratos Defense & Security Solutions from $70.00 to $87.00 and gave the stock an “outperform” rating in a research note on Friday, September 26th. Stifel Nicolaus increased their price target on shares of Kratos Defense & Security Solutions from $70.00 to $112.00 and gave the stock a “buy” rating in a research note on Wednesday, October 15th. Noble Financial reissued an “outperform” rating on shares of Kratos Defense & Security Solutions in a research report on Monday, August 11th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Kratos Defense & Security Solutions in a research report on Wednesday, October 8th. One research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $77.36.

Insider Activity

In other news, insider Steven S. Fendley sold 7,000 shares of the company’s stock in a transaction dated Monday, August 25th. The shares were sold at an average price of $67.58, for a total transaction of $473,060.00. Following the transaction, the insider owned 346,441 shares in the company, valued at $23,412,482.78. This represents a 1.98% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, VP De Burgreen Maria Cervantes sold 6,264 shares of the company’s stock in a transaction that occurred on Monday, September 15th. The shares were sold at an average price of $69.80, for a total value of $437,227.20. Following the completion of the sale, the vice president owned 53,609 shares in the company, valued at approximately $3,741,908.20. This represents a 10.46% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 78,716 shares of company stock valued at $5,989,535. 2.37% of the stock is owned by company insiders.

Kratos Defense & Security Solutions Trading Down 1.0%

Shares of KTOS opened at $89.78 on Wednesday. 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 company’s fifty day moving average is $80.65 and its 200 day moving average is $57.27. The stock has a market capitalization of $15.15 billion, a PE ratio of 897.89 and a beta of 1.12. Kratos Defense & Security Solutions, Inc. has a fifty-two week low of $22.69 and a fifty-two week high of $112.57.

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

Kratos Defense & Security Solutions Company 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.