WINTON GROUP Ltd Acquires Shares of 21,057 Leonardo DRS, Inc. $DRS

WINTON GROUP Ltd acquired a new stake in Leonardo DRS, Inc. (NASDAQ:DRS) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 21,057 shares of the company’s stock, valued at approximately $718,000.

Several other large investors also recently bought and sold shares of DRS. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in Leonardo DRS by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 43,817 shares of the company’s stock valued at $1,441,000 after acquiring an additional 1,922 shares in the last quarter. Millennium Management LLC grew its position in Leonardo DRS by 29.0% in the first quarter. Millennium Management LLC now owns 369,749 shares of the company’s stock valued at $12,157,000 after acquiring an additional 83,077 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in Leonardo DRS by 9.4% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 148,474 shares of the company’s stock valued at $4,882,000 after acquiring an additional 12,712 shares in the last quarter. Intech Investment Management LLC grew its position in Leonardo DRS by 18.6% in the first quarter. Intech Investment Management LLC now owns 48,560 shares of the company’s stock valued at $1,597,000 after acquiring an additional 7,625 shares in the last quarter. Finally, Acadian Asset Management LLC acquired a new stake in Leonardo DRS in the first quarter valued at approximately $225,000. Institutional investors and hedge funds own 18.76% of the company’s stock.

Leonardo DRS Stock Down 2.6%

DRS stock opened at $46.11 on Thursday. Leonardo DRS, Inc. has a twelve month low of $32.43 and a twelve month high of $49.31. The company has a current ratio of 1.86, a quick ratio of 1.52 and a debt-to-equity ratio of 0.05. The company has a market capitalization of $12.30 billion, a P/E ratio of 43.09, a PEG ratio of 3.42 and a beta of 0.34. The firm has a 50 day simple moving average of $44.44 and a 200-day simple moving average of $41.16.

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

Leonardo DRS Announces Dividend

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

Analysts Set New Price Targets

DRS has been the subject of several recent research reports. Truist Financial raised shares of Leonardo DRS to a “strong-buy” rating in a research report on Friday, May 1st. Morgan Stanley set a $47.00 price objective on shares of Leonardo DRS in a research report on Wednesday, February 25th. Weiss Ratings raised shares of Leonardo DRS from a “hold (c)” rating to a “hold (c+)” rating in a research report on Friday, June 5th. Canaccord Genuity Group increased their price objective on shares of Leonardo DRS from $52.00 to $54.00 and gave the company a “buy” rating in a research report on Wednesday, May 6th. Finally, Wall Street Zen raised shares of Leonardo DRS from a “hold” rating to a “buy” rating in a research report on Sunday, May 10th. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $52.00.

Insider Activity

In related news, CFO Michael Dippold sold 16,330 shares of the firm’s stock in a transaction on Monday, March 16th. The stock was sold at an average price of $45.27, for a total transaction of $739,259.10. Following the transaction, the chief financial officer directly owned 26,622 shares in the company, valued at $1,205,177.94. This trade represents a 38.02% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Jason Rinsky sold 3,865 shares of the firm’s stock in a transaction on Wednesday, June 3rd. The stock was sold at an average price of $46.87, for a total value of $181,152.55. Following the transaction, the executive vice president owned 31,310 shares in the company, valued at $1,467,499.70. This trade represents a 10.99% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 76,089 shares of company stock valued at $3,491,236 over the last three months. 0.25% of the stock is currently owned by company insiders.

About Leonardo DRS

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.