Kratos Defense & Security Solutions, Inc. $KTOS Shares Sold by Bank of New York Mellon Corp

Bank of New York Mellon Corp reduced its holdings in shares of Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) by 5.5% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 1,351,390 shares of the aerospace company’s stock after selling 78,471 shares during the period. Bank of New York Mellon Corp’s holdings in Kratos Defense & Security Solutions were worth $102,584,000 as of its most recent filing with the SEC.

Other institutional investors also recently bought and sold shares of the company. Alliancebernstein L.P. boosted its stake in shares of Kratos Defense & Security Solutions by 1,389.0% during the third quarter. Alliancebernstein L.P. now owns 2,707,776 shares of the aerospace company’s stock worth $247,409,000 after buying an additional 2,525,921 shares during the period. Norges Bank acquired a new position in Kratos Defense & Security Solutions in the 4th quarter valued at about $104,807,000. Westfield Capital Management Co. LP purchased a new stake in Kratos Defense & Security Solutions during the 3rd quarter valued at approximately $91,901,000. First Trust Advisors LP raised its stake in Kratos Defense & Security Solutions by 29.5% during the 3rd quarter. First Trust Advisors LP now owns 3,068,863 shares of the aerospace company’s stock valued at $280,402,000 after acquiring an additional 698,778 shares during the last quarter. Finally, Goldman Sachs Group Inc. lifted its position in Kratos Defense & Security Solutions by 66.0% during the 4th quarter. Goldman Sachs Group Inc. now owns 1,398,525 shares of the aerospace company’s stock worth $106,162,000 after acquiring an additional 556,036 shares during the period. 75.92% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting Kratos Defense & Security Solutions

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

• Positive Sentiment: Kratos announced/was highlighted for multiple new defense contract wins spanning rocket motors, missile-defense infrastructure, unmanned aircraft, and secure communications, reinforcing its growth outlook and broader international footprint. Kratos Contract Wins Signal Shift Toward Broader Global Defense Role
• Positive Sentiment: Kratos is being viewed as a beneficiary of a defense-budget proposal and expanding Pentagon spending priorities, which can lift expectations for future orders across drones, hypersonics, and related defense systems. Defense Budget Proposal Fuels Kratos Defense & Security Solutions (KTOS) Stock Surge
• Positive Sentiment: Recent articles emphasized Kratos’ roughly $14.3 billion pipeline and expansion across drones, hypersonics, and satellite systems, suggesting continued revenue opportunities beyond the latest quarter. KTOS Stock Declines 6% in a Month: Opportunity or Warning Sign?
• Neutral Sentiment: Post-earnings coverage noted that investors are still evaluating whether the stock’s recent run is justified by earnings estimates and forward guidance rather than just momentum. Why Is Kratos (KTOS) Up 11.2% Since Last Earnings Report?
• Negative Sentiment: CFO Deanna Lund sold 5,000 shares in a pre-arranged Rule 10b5-1 transaction, which can add mild pressure to sentiment even though the sale was planned and relatively small versus her remaining stake. Deanna Lund Sells 5,000 Shares of Kratos Defense & Security Solutions (NASDAQ:KTOS) Stock

Insider Activity

In other news, insider Jonah Adelman sold 31,348 shares of the firm’s stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $57.06, for a total value of $1,788,716.88. Following the transaction, the insider directly owned 8,000 shares in the company, valued at $456,480. This trade represents a 79.67% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Steven S. Fendley sold 7,000 shares of Kratos Defense & Security Solutions stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $57.24, for a total value of $400,680.00. Following the completion of the transaction, the insider directly owned 344,090 shares in the company, valued at $19,695,711.60. This represents a 1.99% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 183,564 shares of company stock valued at $12,745,304 in the last 90 days. 1.50% of the stock is owned by corporate insiders.

Kratos Defense & Security Solutions Stock Performance

Shares of KTOS opened at $58.52 on Monday. The stock has a fifty day moving average of $63.68 and a two-hundred day moving average of $80.64. The company has a debt-to-equity ratio of 0.04, a quick ratio of 5.08 and a current ratio of 5.63. The company has a market capitalization of $10.97 billion, a PE ratio of 344.24 and a beta of 1.04. Kratos Defense & Security Solutions, Inc. has a fifty-two week low of $37.90 and a fifty-two week high of $134.00.

Kratos Defense & Security Solutions (NASDAQ:KTOS) last released its earnings results on Wednesday, May 6th. The aerospace company reported $0.16 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.13 by $0.03. The firm had revenue of $371.00 million during the quarter, compared to the consensus estimate of $345.00 million. Kratos Defense & Security Solutions had a net margin of 2.08% and a return on equity of 2.82%. Kratos Defense & Security Solutions’s revenue was up 22.6% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.12 earnings per share. As a group, analysts forecast that Kratos Defense & Security Solutions, Inc. will post 0.5 EPS for the current year.

Analyst Upgrades and Downgrades

KTOS has been the topic of a number of recent research reports. BNP Paribas Exane boosted their target price on Kratos Defense & Security Solutions from $80.00 to $85.00 and gave the company a “neutral” rating in a report on Thursday, May 7th. Canaccord Genuity Group lifted their price objective 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. Citizens Jmp dropped their price objective on shares of Kratos Defense & Security Solutions from $125.00 to $105.00 and set a “market outperform” rating on the stock in a research note on Friday, May 8th. Piper Sandler cut their price objective on shares of Kratos Defense & Security Solutions from $99.00 to $75.00 and set a “neutral” rating for the company in a research report on Thursday, May 7th. Finally, Cantor Fitzgerald restated an “overweight” rating and issued a $115.00 target price on shares of Kratos Defense & Security Solutions in a research note on Tuesday, February 24th. Three equities research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $96.28.

Kratos Defense & Security Solutions Company 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.