Leonardo DRS, Inc. (NASDAQ:DRS) Receives Average Recommendation of “Moderate Buy” from Analysts

Leonardo DRS, Inc. (NASDAQ:DRS) has been assigned a consensus rating of “Moderate Buy” from the eight analysts that are covering the stock, Marketbeat Ratings reports. Three research analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is $50.3333.

Several research analysts recently commented on the stock. Truist Financial set a $59.00 price objective on shares of Leonardo DRS in a report on Wednesday, February 25th. Wall Street Zen downgraded Leonardo DRS from a “buy” rating to a “hold” rating in a research report on Saturday, February 28th. Morgan Stanley set a $47.00 price target on Leonardo DRS in a report on Wednesday, February 25th. Finally, Weiss Ratings upgraded Leonardo DRS from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday.

Insider Buying and Selling at Leonardo DRS

In other news, SVP Pamela Morrow sold 12,000 shares of the company’s stock in a transaction dated Tuesday, March 3rd. The stock was sold at an average price of $45.20, for a total transaction of $542,400.00. Following the sale, the senior vice president directly owned 6,494 shares in the company, valued at $293,528.80. This represents a 64.89% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CFO Michael Dippold sold 16,330 shares of the stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $45.27, for a total transaction of $739,259.10. Following the completion of the sale, the chief financial officer directly owned 26,622 shares in the company, valued at approximately $1,205,177.94. The trade was a 38.02% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 40,218 shares of company stock valued at $1,719,136 in the last quarter. 0.12% of the stock is currently owned by corporate insiders.

Institutional Trading of Leonardo DRS

Several institutional investors and hedge funds have recently bought and sold shares of the company. Steward Partners Investment Advisory LLC grew its position in shares of Leonardo DRS by 91.7% during the 2nd quarter. Steward Partners Investment Advisory LLC now owns 575 shares of the company’s stock valued at $27,000 after purchasing an additional 275 shares in the last quarter. True Wealth Design LLC raised its position in shares of Leonardo DRS by 122.6% in the third quarter. True Wealth Design LLC now owns 541 shares of the company’s stock worth $25,000 after buying an additional 298 shares in the last quarter. Bank of Montreal Can boosted its stake in Leonardo DRS by 1.6% during the fourth quarter. Bank of Montreal Can now owns 19,513 shares of the company’s stock valued at $665,000 after buying an additional 309 shares during the period. GAMMA Investing LLC boosted its stake in Leonardo DRS by 72.2% during 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. Finally, Sequoia Financial Advisors LLC grew its position in Leonardo DRS by 4.7% during the fourth quarter. Sequoia Financial Advisors LLC now owns 7,228 shares of the company’s stock worth $246,000 after buying an additional 322 shares in the last quarter. 18.76% of the stock is currently owned by hedge funds and other institutional investors.

Leonardo DRS Trading Down 3.7%

Shares of Leonardo DRS stock opened at $43.78 on Monday. The stock has a market capitalization of $11.65 billion, a P/E ratio of 42.51, a P/E/G ratio of 2.18 and a beta of 0.41. Leonardo DRS has a 52-week low of $28.17 and a 52-week high of $49.31. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.60 and a current ratio of 1.89. The stock’s 50-day simple moving average is $42.23 and its 200 day simple moving average is $39.45.

Leonardo DRS (NASDAQ:DRS) last issued its earnings results on Tuesday, February 24th. The company reported $0.42 earnings per share for the quarter, topping analysts’ consensus estimates of $0.37 by $0.05. Leonardo DRS had a net margin of 7.62% and a return on equity of 11.68%. The firm had revenue of $1.06 billion during the quarter, compared to analyst estimates of $994.79 million. During the same quarter last year, the business earned $0.38 earnings per share. The company’s quarterly revenue was up 8.1% on a year-over-year basis. Leonardo DRS has set its FY 2026 guidance at 1.200-1.260 EPS. As a group, research analysts anticipate that Leonardo DRS will post 1.04 EPS for the current year.

Leonardo DRS Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 24th. Shareholders of record on Tuesday, March 10th will be paid a $0.09 dividend. The ex-dividend date is Tuesday, March 10th. This represents a $0.36 annualized dividend and a yield of 0.8%. Leonardo DRS’s dividend payout ratio (DPR) is currently 34.95%.

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.