Leonardo DRS
About: Leonardo DRS Inc is a provider of defense products and technologies that are used across land, air, sea, space and cyber domains. The company is in the design, development and manufacture of Advanced sensing, network computing, force protection and electric power and propulsion technologies and solutions. The company has two segments: Advanced Sensing and Computing, which generates the majority of revenue and Integrated Mission Systems segment. The Advanced Sensing and Computing segment is engaged in designs, develops and manufactures sensing and network computing technology that enables real-time situational awareness required for enhanced operational decision making and execution by the customers.
Employees: 6,600
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
38% more repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 50
18% more capital invested
Capital invested by funds: $1.49B [Q1] → $1.76B (+$271M) [Q2]
0.55% more ownership
Funds ownership: 25.73% [Q1] → 26.29% (+0.55%) [Q2]
3% less funds holding
Funds holding: 174 [Q1] → 169 (-5) [Q2]
17% less first-time investments, than exits
New positions opened: 25 | Existing positions closed: 30
53% less call options, than puts
Call options by funds: $5.68M | Put options by funds: $12.1M
67% less funds holding in top 10
Funds holding in top 10: 3 [Q1] → 1 (-2) [Q2]
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
5 analyst ratings
B of A Securities Ronald Epstein 67% 1-year accuracy 14 / 21 met price target | 6%upside $30 | Neutral Downgraded | 24 Sept 2024 |
BTIG Andre Madrid 100% 1-year accuracy 10 / 10 met price target | 17%upside $33 | Buy Maintained | 1 Aug 2024 |
Truist Securities Michael Ciarmoli 71% 1-year accuracy 39 / 55 met price target | 13%upside $32 | Buy Maintained | 31 Jul 2024 |
Baird Peter Arment 89% 1-year accuracy 17 / 19 met price target | 6%upside $30 | Outperform Maintained | 31 Jul 2024 |
Truist Securities Michael Ciarmoli 71% 1-year accuracy 39 / 55 met price target | 6%upside $30 | Buy Maintained | 17 Jul 2024 |
Financial journalist opinion
Based on 10 articles about DRS published over the past 30 days