PNC Financial Services Group Inc. Boosts Stock Holdings in Kratos Defense & Security Solutions, Inc. $KTOS

PNC Financial Services Group Inc. lifted its position in Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) by 83.0% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 30,063 shares of the aerospace company’s stock after acquiring an additional 13,634 shares during the quarter. PNC Financial Services Group Inc.’s holdings in Kratos Defense & Security Solutions were worth $2,120,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Mcguire Capital Advisors Inc. purchased a new position in Kratos Defense & Security Solutions during the fourth quarter worth about $25,000. Atlantic Union Bankshares Corp increased its stake in Kratos Defense & Security Solutions by 7,600.0% in the 4th quarter. Atlantic Union Bankshares Corp now owns 385 shares of the aerospace company’s stock valued at $29,000 after buying an additional 380 shares during the last quarter. Murphy & Mullick Capital Management Corp increased its stake in Kratos Defense & Security Solutions by 115.4% in the 4th quarter. Murphy & Mullick Capital Management Corp now owns 420 shares of the aerospace company’s stock valued at $32,000 after buying an additional 225 shares during the last quarter. Vision Retirement LLC lifted its position in shares of Kratos Defense & Security Solutions by 288.2% during the 1st quarter. Vision Retirement LLC now owns 427 shares of the aerospace company’s stock worth $30,000 after buying an additional 317 shares in the last quarter. Finally, Kemnay Advisory Services Inc. bought a new position in shares of Kratos Defense & Security Solutions during the 4th quarter worth approximately $37,000. Hedge funds and other institutional investors own 75.92% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently issued reports on KTOS. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Kratos Defense & Security Solutions in a report on Friday, July 17th. JPMorgan Chase & Co. raised Kratos Defense & Security Solutions from a “neutral” rating to an “overweight” rating and cut their price objective for the stock from $99.00 to $82.00 in a research report on Friday, June 12th. Wedbush assumed coverage on Kratos Defense & Security Solutions in a research note on Tuesday, June 30th. They issued an “outperform” rating and a $85.00 price objective for the company. The Goldman Sachs Group lowered their target price on Kratos Defense & Security Solutions from $100.00 to $89.00 and set a “buy” rating on the stock in a research note on Tuesday, July 14th. Finally, Canaccord Genuity Group increased their price target on shares of Kratos Defense & Security Solutions from $125.00 to $130.00 and gave the company a “buy” rating in a research report on Thursday, May 7th. Three equities research analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $101.29.

Insiders Place Their Bets

In other Kratos Defense & Security Solutions news, SVP Marie Mendoza sold 1,500 shares of the company’s stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $57.93, for a total transaction of $86,895.00. Following the sale, the senior vice president directly owned 64,447 shares of the company’s stock, valued at $3,733,414.71. This represents a 2.27% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Steven S. Fendley sold 7,000 shares of Kratos Defense & Security Solutions stock in a transaction dated Monday, July 27th. The stock was sold at an average price of $47.13, for a total transaction of $329,910.00. Following the completion of the transaction, the insider owned 295,120 shares of the company’s stock, valued at $13,909,005.60. The trade was a 2.32% decrease in their position. 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. Insiders sold a total of 144,036 shares of company stock worth $8,110,167 in the last ninety days. 1.50% of the stock is owned by corporate insiders.

Kratos Defense & Security Solutions Price Performance

Shares of NASDAQ KTOS opened at $43.88 on Thursday. The company has a current ratio of 5.63, a quick ratio of 5.08 and a debt-to-equity ratio of 0.04. The stock has a fifty day simple moving average of $53.14 and a two-hundred day simple moving average of $73.61. Kratos Defense & Security Solutions, Inc. has a 1-year low of $43.75 and a 1-year high of $134.00. The firm has a market cap of $8.23 billion, a price-to-earnings ratio of 258.12 and a beta of 1.07.

Kratos Defense & Security Solutions (NASDAQ:KTOS) last issued its quarterly earnings results on Wednesday, May 6th. The aerospace company reported $0.16 EPS for the quarter, beating analysts’ consensus estimates of $0.13 by $0.03. The firm had revenue of $371.00 million for the quarter, compared to analysts’ expectations of $345.00 million. Kratos Defense & Security Solutions had a return on equity of 2.82% and a net margin of 2.08%.The business’s revenue for the quarter was up 22.6% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.12 EPS. Analysts anticipate that Kratos Defense & Security Solutions, Inc. will post 0.48 earnings per share for the current year.

Kratos Defense & Security Solutions News Summary

Here are the key news stories impacting Kratos Defense & Security Solutions this week:

• Positive Sentiment: Kratos completed its $50 million, 68,000-square-foot Indiana Payload Integration Facility ahead of schedule. The site will support advanced manufacturing, integration and testing of experimental hypersonic payloads, handle up to six payloads simultaneously and create more than 100 high-tech jobs. The investment could strengthen Kratos’ long-term position in the hypersonics market, although the release did not quantify near-term revenue or profit contribution. Kratos Completes Construction of $50 Million Hypersonic Facility
• Positive Sentiment: The company delivered turbomachinery for Lockheed Martin’s ramjet propulsion system, providing evidence of execution on an important advanced-propulsion program and supporting Kratos’ role as a defense-technology supplier. Kratos Delivers Turbomachinery for Lockheed Martin
• Neutral Sentiment: One analyst report described Kratos as offering attractive relative value compared with Anduril and suggested substantial upside, while the reported median analyst price target is $83.50. However, these targets remain expectations rather than new financial results and may have limited immediate impact. Analyst Says Kratos Offers Relative Value
• Negative Sentiment: Investors are approaching next week’s earnings release cautiously. Zacks said KTOS lacks the combination of earnings and revenue-estimate trends that typically supports a likely earnings beat, raising the risk of disappointment after a strong prior quarter. Kratos Earnings Preview
• Negative Sentiment: President Steven S. Fendley sold 7,000 shares worth approximately $329,910 under a pre-arranged Rule 10b5-1 plan. The scheduled nature of the transaction reduces its significance, but it adds to a broader pattern of insider selling: 147 reported insider transactions over six months were sales, with no purchases. SEC Insider Sale Filing

Kratos Defense & Security Solutions Profile

Kratos Defense & Security Solutions, Inc (NASDAQ: KTOS) is a technology-driven company that specializes in national security and defense solutions for government and military customers. The firm’s core capabilities span unmanned systems, satellite communications, missile defense, cyber security, and directed-energy weapons. Through its integrated approach, Kratos delivers mission-critical products and services designed to enhance operational readiness and support force modernization initiatives.

In the unmanned systems arena, Kratos develops high-performance aerial platforms used as target drones, low-cost attritable aircraft and experimental stealth demonstrators.