52,300 Shares in Leonardo DRS, Inc. $DRS Acquired by Militia Capital Management LLC

Militia Capital Management LLC purchased a new position in Leonardo DRS, Inc. (NASDAQ:DRS) in the 1st quarter, Holdings Channel reports. The institutional investor purchased 52,300 shares of the company’s stock, valued at approximately $2,328,000.

A number of other institutional investors have also added to or reduced their stakes in DRS. Quarry LP raised its position in shares of Leonardo DRS by 7,041.7% during the fourth quarter. Quarry LP now owns 857 shares of the company’s stock valued at $29,000 after buying an additional 845 shares during the last quarter. Leonteq Securities AG bought a new position in shares of Leonardo DRS during the fourth quarter worth $34,000. Fifth Third Bancorp bought a new position in shares of Leonardo DRS during the first quarter worth $41,000. Pilgrim Partners Asia Pte Ltd purchased a new position in Leonardo DRS during the fourth quarter valued at $46,000. Finally, SBI Securities Co. Ltd. increased its holdings in Leonardo DRS by 324.3% in the 4th quarter. SBI Securities Co. Ltd. now owns 1,362 shares of the company’s stock valued at $46,000 after acquiring an additional 1,041 shares during the last quarter. 18.76% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

DRS has been the subject of a number of research analyst reports. Weiss Ratings upgraded Leonardo DRS from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday, July 23rd. JPMorgan Chase & Co. upped their price objective on Leonardo DRS from $48.00 to $53.00 and gave the stock a “neutral” rating in a report on Friday. Canaccord Genuity Group increased their target price on Leonardo DRS from $52.00 to $54.00 and gave the company a “buy” rating in a research report on Wednesday, May 6th. Wall Street Zen upgraded Leonardo DRS from a “hold” rating to a “buy” rating in a research report on Sunday, May 10th. Finally, Truist Financial raised shares of Leonardo DRS to a “strong-buy” rating in a report on Friday, May 1st. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, Leonardo DRS currently has an average rating of “Moderate Buy” and a consensus price target of $53.60.

Key Leonardo DRS News

Here are the key news stories impacting Leonardo DRS this week:

• Positive Sentiment: Q2 earnings beat expectations: Adjusted EPS was $0.35 versus the $0.27 analyst consensus, while revenue rose 10% year over year to $913 million, exceeding estimates of $903.3 million. Net earnings increased 59% to $86 million, and adjusted EBITDA climbed 33% to $128 million. Leonardo DRS Announces Financial Results for Second Quarter 2026
• Positive Sentiment: Guidance was raised: Leonardo DRS increased its 2026 adjusted EPS outlook to $1.34-$1.39 from $1.26-$1.30, above the $1.30 consensus estimate. Adjusted EBITDA guidance was also raised to $525 million-$540 million, although revenue guidance was unchanged at $3.9 billion-$4.0 billion. Leonardo DRS 2026 Guidance and Raft Acquisition
• Positive Sentiment: Backlog and bookings support future growth: Quarterly bookings reached $1.1 billion, producing a 1.2x book-to-bill ratio, while funded backlog rose 17% year over year to a record $5.1 billion. Growth was led by tactical radar, infrared sensing, electric power and propulsion, and naval computing programs.
• Positive Sentiment: Raft acquisition expands software capabilities: DRS agreed to acquire Raft for $450 million, adding expertise in artificial intelligence, data fusion, and mission software. The deal could strengthen DRS’s position in multi-domain defense technology. Leonardo DRS Signs Agreement to Acquire Raft
• Neutral Sentiment: JPMorgan raised its price target to $53 from $48 but retained a Neutral rating. The higher target signals improved valuation potential, but the unchanged rating suggests limited conviction at the current valuation. Benzinga Price Target Update
• Negative Sentiment: Acquisition execution and funding remain risks: Raft is expected to require substantial capital, and the transaction faces closing, integration, regulatory, and potential debt-related risks. Management’s 2026 guidance excludes Raft’s contribution.

Insider Buying and Selling at Leonardo DRS

In other news, Director Reuben Jeffery III bought 25,000 shares of Leonardo DRS stock in a transaction dated Tuesday, May 19th. The shares were acquired at an average price of $42.77 per share, with a total value of $1,069,250.00. Following the completion of the purchase, the director owned 25,000 shares in the company, valued at $1,069,250. The trade was a ∞ increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO John Baylouny sold 36,471 shares of Leonardo DRS 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 transaction, the chief executive officer directly owned 122,435 shares of the company’s stock, valued at approximately $5,591,606.45. This represents a 22.95% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 65,364 shares of company stock valued at $2,994,785. Insiders own 0.25% of the company’s stock.

Leonardo DRS Price Performance

NASDAQ:DRS opened at $46.05 on Monday. The firm has a market capitalization of $12.29 billion, a price-to-earnings ratio of 38.70, a PEG ratio of 3.08 and a beta of 0.35. Leonardo DRS, Inc. has a 1 year low of $32.43 and a 1 year high of $50.59. The business has a 50 day simple moving average of $45.67 and a 200-day simple moving average of $43.93. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.92 and a quick ratio of 1.56.

Leonardo DRS (NASDAQ:DRS) last released its earnings results on Thursday, July 30th. The company reported $0.35 earnings per share for the quarter, beating the consensus estimate of $0.27 by $0.08. Leonardo DRS had a return on equity of 12.97% and a net margin of 8.52%.The firm had revenue of $913.00 million for the quarter, compared to the consensus estimate of $903.27 million. During the same quarter in the previous year, the company posted $0.23 EPS. The company’s revenue for the quarter was up 10.1% compared to the same quarter last year. Leonardo DRS has set its FY 2026 guidance at 1.340-1.390 EPS. Equities analysts forecast that Leonardo DRS, Inc. will post 1.4 EPS for the current year.

Leonardo DRS Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, August 27th. Shareholders of record on Thursday, August 13th will be given a dividend of $0.09 per share. The ex-dividend date is Thursday, August 13th. This represents a $0.36 dividend on an annualized basis and a yield of 0.8%. Leonardo DRS’s payout ratio is 30.25%.

Leonardo DRS 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.