Total Wealth Planning & Management Inc. Lowers Stock Position in Kratos Defense & Security Solutions, Inc. $KTOS

Total Wealth Planning & Management Inc. trimmed its stake in shares of Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) by 13.3% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 7,776 shares of the aerospace company’s stock after selling 1,193 shares during the period. Total Wealth Planning & Management Inc.’s holdings in Kratos Defense & Security Solutions were worth $361,000 at the end of the most recent reporting period.

Several other institutional investors have also recently modified their holdings of the stock. Maryland State Retirement & Pension System grew its stake in shares of Kratos Defense & Security Solutions by 9.6% during the 2nd quarter. Maryland State Retirement & Pension System now owns 48,910 shares of the aerospace company’s stock valued at $2,272,000 after buying an additional 4,301 shares during the period. KLP Kapitalforvaltning AS lifted its position in shares of Kratos Defense & Security Solutions by 2.9% during the second quarter. KLP Kapitalforvaltning AS now owns 31,600 shares of the aerospace company’s stock worth $1,468,000 after purchasing an additional 900 shares during the last quarter. Belpointe Asset Management LLC lifted its holdings in Kratos Defense & Security Solutions by 2.8% in the second quarter. Belpointe Asset Management LLC now owns 17,908 shares of the aerospace company’s stock worth $832,000 after acquiring an additional 480 shares during the last quarter. Abacus Planning Group Inc. bought a new position in Kratos Defense & Security Solutions in the second quarter worth about $209,000. Finally, Red Mountain Financial LLC raised its holdings in shares of Kratos Defense & Security Solutions by 1.9% during the second quarter. Red Mountain Financial LLC now owns 10,500 shares of the aerospace company’s stock valued at $488,000 after buying an additional 200 shares during the last quarter. 75.92% of the stock is currently owned by institutional investors and hedge funds.

Kratos Defense & Security Solutions Stock Performance

Shares of KTOS stock opened at $98.55 on Friday. The stock has a market cap of $16.63 billion, a P/E ratio of 985.60 and a beta of 1.12. The company has a debt-to-equity ratio of 0.12, a current ratio of 4.43 and a quick ratio of 3.88. The company has a fifty day moving average price of $73.85 and a two-hundred day moving average price of $51.55. Kratos Defense & Security Solutions, Inc. has a one year low of $22.69 and a one year high of $112.57.

Kratos Defense & Security Solutions (NASDAQ:KTOS) last posted its earnings results on Thursday, August 7th. The aerospace company reported $0.11 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.09 by $0.02. Kratos Defense & Security Solutions had a net margin of 1.20% and a return on equity of 3.10%. The company had revenue of $351.50 million during the quarter, compared to analysts’ expectations of $305.67 million. During the same quarter last year, the company posted $0.14 EPS. Kratos Defense & Security Solutions’s quarterly revenue was up 17.1% compared to the same quarter last year. Kratos Defense & Security Solutions has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. As a group, equities analysts predict that Kratos Defense & Security Solutions, Inc. will post 0.31 EPS for the current year.

Insider Activity at Kratos Defense & Security Solutions

In related news, insider Steven S. Fendley sold 7,000 shares of Kratos Defense & Security Solutions stock in a transaction that occurred on Monday, September 29th. The shares were sold at an average price of $88.88, for a total transaction of $622,160.00. Following the sale, the insider directly owned 339,419 shares of the company’s stock, valued at approximately $30,167,560.72. The trade was a 2.02% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Stacey G. Rock sold 3,846 shares of the business’s stock in a transaction that occurred on Wednesday, October 1st. The stock was sold at an average price of $92.02, for a total transaction of $353,908.92. Following the sale, the insider directly owned 34,202 shares in the company, valued at $3,147,268.04. The trade was a 10.11% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 86,276 shares of company stock worth $6,088,481 in the last ninety days. Insiders own 2.37% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts recently commented on KTOS shares. Benchmark raised their price objective on shares of Kratos Defense & Security Solutions from $48.00 to $50.00 and gave the company a “buy” rating in a research note on Tuesday, July 8th. Truist Financial boosted their target price on shares of Kratos Defense & Security Solutions from $38.00 to $52.00 and gave the stock a “buy” rating in a research report on Friday, June 27th. JPMorgan Chase & Co. boosted their price objective on shares of Kratos Defense & Security Solutions from $44.00 to $48.00 and gave the stock a “neutral” rating in a report on Monday, June 30th. Cantor Fitzgerald reissued an “overweight” rating on shares of Kratos Defense & Security Solutions in a research note on Friday, July 18th. Finally, Citigroup reiterated an “outperform” rating on shares of Kratos Defense & Security Solutions in a research report on Thursday, October 2nd. One equities research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $69.14.

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.