John Baylouny Sells 36,471 Shares of Leonardo DRS (NASDAQ:DRS) Stock

Leonardo DRS, Inc. (NASDAQ:DRS) CEO John Baylouny sold 36,471 shares of the stock in a transaction dated Thursday, June 18th. The stock was sold at an average price of $45.67, for a total transaction of $1,665,630.57. Following the sale, the chief executive officer directly owned 122,435 shares in the company, valued at approximately $5,591,606.45. The trade was a 22.95% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Leonardo DRS Stock Performance

NASDAQ DRS opened at $45.74 on Wednesday. The stock has a market capitalization of $12.20 billion, a price-to-earnings ratio of 42.75, a PEG ratio of 3.25 and a beta of 0.34. The stock has a 50-day moving average of $44.50 and a 200 day moving average of $41.99. The company has a current ratio of 1.86, a quick ratio of 1.52 and a debt-to-equity ratio of 0.05. Leonardo DRS, Inc. has a twelve month low of $32.43 and a twelve month high of $50.59.

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

Leonardo DRS Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 2nd. Investors of record on Tuesday, May 19th were paid a $0.09 dividend. The ex-dividend date of this dividend was Tuesday, May 19th. This represents a $0.36 dividend on an annualized basis and a yield of 0.8%. Leonardo DRS’s dividend payout ratio (DPR) is currently 33.64%.

Analysts Set New Price Targets

A number of research firms have weighed in on DRS. Canaccord Genuity Group upped their price objective on shares of Leonardo DRS from $52.00 to $54.00 and gave the stock a “buy” rating in a research report on Wednesday, May 6th. Weiss Ratings raised shares of Leonardo DRS from a “hold (c)” rating to a “hold (c+)” rating in a research note on Friday, June 5th. Bank of America upped their price target on shares of Leonardo DRS from $50.00 to $55.00 and gave the stock a “buy” rating in a research report on Wednesday, March 25th. Wall Street Zen raised shares of Leonardo DRS from a “hold” rating to a “buy” rating in a research note on Sunday, May 10th. Finally, Morgan Stanley set a $47.00 price objective on Leonardo DRS in a report on Wednesday, February 25th. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $52.80.

Institutional Investors Weigh In On Leonardo DRS

Large investors have recently modified their holdings of the business. Quarry LP boosted its position in Leonardo DRS by 7,041.7% during the fourth quarter. Quarry LP now owns 857 shares of the company’s stock worth $29,000 after acquiring an additional 845 shares during the last quarter. Clearstead Advisors LLC raised its holdings in Leonardo DRS by 564.1% in the 3rd quarter. Clearstead Advisors LLC now owns 684 shares of the company’s stock valued at $31,000 after acquiring an additional 581 shares during the last quarter. Leonteq Securities AG acquired a new stake in Leonardo DRS in the 4th quarter valued at about $34,000. Allworth Financial LP lifted its stake in Leonardo DRS by 504.1% in the 3rd quarter. Allworth Financial LP now owns 882 shares of the company’s stock worth $40,000 after purchasing an additional 736 shares in the last quarter. Finally, Fifth Third Bancorp purchased a new position in Leonardo DRS in the 1st quarter worth approximately $41,000. Hedge funds and other institutional investors own 18.76% of the company’s stock.

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.