Sumitomo Mitsui Trust Group Inc. Sells 608,059 Shares of Kratos Defense & Security Solutions, Inc. $KTOS

Sumitomo Mitsui Trust Group Inc. decreased its stake in shares of Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) by 29.3% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,469,820 shares of the aerospace company’s stock after selling 608,059 shares during the quarter. Sumitomo Mitsui Trust Group Inc.’s holdings in Kratos Defense & Security Solutions were worth $134,297,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of KTOS. Cornell Pochily Investment Advisors Inc. grew its position in shares of Kratos Defense & Security Solutions by 3.9% during the third quarter. Cornell Pochily Investment Advisors Inc. now owns 10,430 shares of the aerospace company’s stock valued at $953,000 after purchasing an additional 390 shares in the last quarter. Columbia Advisory Partners LLC bought a new position in shares of Kratos Defense & Security Solutions during the 3rd quarter valued at approximately $211,000. Citizens Financial Group Inc. RI bought a new stake in Kratos Defense & Security Solutions in the third quarter worth $254,000. New York State Teachers Retirement System raised its stake in Kratos Defense & Security Solutions by 59.4% during the third quarter. New York State Teachers Retirement System now owns 108,525 shares of the aerospace company’s stock valued at $9,916,000 after purchasing an additional 40,440 shares in the last quarter. Finally, Bayforest Capital Ltd bought a new position in Kratos Defense & Security Solutions during the third quarter valued at $32,000. 75.92% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on KTOS shares. JMP Securities increased their price target on shares of Kratos Defense & Security Solutions from $70.00 to $105.00 and gave the company a “market outperform” rating in a report on Thursday, October 2nd. B. Riley boosted their target price on Kratos Defense & Security Solutions from $105.00 to $128.00 and gave the company a “buy” rating in a research report on Friday. Jones Trading assumed coverage on shares of Kratos Defense & Security Solutions in a research note on Monday, January 5th. They set a “buy” rating for the company. Noble Financial reissued an “outperform” rating on shares of Kratos Defense & Security Solutions in a research note on Thursday, November 6th. Finally, Citizens Jmp raised their target price on shares of Kratos Defense & Security Solutions from $105.00 to $125.00 and gave the stock a “market outperform” rating in a report on Monday. One investment analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $87.94.

Kratos Defense & Security Solutions Stock Performance

KTOS stock opened at $119.72 on Wednesday. Kratos Defense & Security Solutions, Inc. has a twelve month low of $23.90 and a twelve month high of $121.57. The firm has a market cap of $20.21 billion, a price-to-earnings ratio of 920.99 and a beta of 1.09. The business’s fifty day simple moving average is $79.27 and its two-hundred day simple moving average is $74.18. The company has a quick ratio of 3.68, a current ratio of 4.30 and a debt-to-equity ratio of 0.04.

Kratos Defense & Security Solutions (NASDAQ:KTOS) last posted its quarterly earnings results on Tuesday, November 4th. The aerospace company reported $0.14 EPS for the quarter, topping analysts’ consensus estimates of $0.12 by $0.02. The firm had revenue of $347.60 million for the quarter, compared to analysts’ expectations of $323.01 million. Kratos Defense & Security Solutions had a net margin of 1.56% and a return on equity of 3.14%. The business’s revenue for the quarter was up 26.0% on a year-over-year basis. During the same period in the prior year, the business posted $0.11 earnings per share. Analysts predict that Kratos Defense & Security Solutions, Inc. will post 0.31 earnings per share for the current year.

Insiders Place Their Bets

In other news, Director William A. Hoglund sold 75,000 shares of the firm’s stock in a transaction that occurred on Monday, December 1st. The shares were sold at an average price of $74.35, for a total transaction of $5,576,250.00. Following the transaction, the director directly owned 147,193 shares of the company’s stock, valued at approximately $10,943,799.55. This trade represents a 33.75% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Stacey G. Rock sold 16,568 shares of Kratos Defense & Security Solutions stock in a transaction that occurred on Monday, January 12th. The shares were sold at an average price of $116.74, for a total transaction of $1,934,148.32. Following the sale, the insider directly owned 26,487 shares of the company’s stock, valued at $3,092,092.38. This represents a 38.48% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 898,639 shares of company stock worth $72,622,719. 2.37% of the stock is owned by company insiders.

Key Stories Impacting Kratos Defense & Security Solutions

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

• Positive Sentiment: Kratos opened a new 55,000‑sq‑ft hypersonic system manufacturing and payload integration facility in Princess Anne, MD to support MACH‑TB 2.0 and government customers (Navy, USAF, DARPA, MDA). This expands production capacity and positions Kratos for larger hypersonic program revenue. Kratos hypersonic facility
• Positive Sentiment: Kratos expanded its U.S. industrial footprint with a new 40,000‑sq‑ft Birmingham facility, further building out production capacity for defense programs and supporting backlog growth. Birmingham expansion
• Positive Sentiment: Analyst upgrade/price‑target lift — Citizens Jmp raised its target from $105 to $125 and maintained a “market outperform” view, providing an analyst‑driven near‑term catalyst for demand. Analyst price target raise
• Neutral Sentiment: Reported short interest shows effectively zero shares and a 0.0 days‑to‑cover figure — likely a reporting anomaly rather than a real change in short positioning. (No external link)
• Negative Sentiment: Material insider selling — Director/insider Stacey G. Rock disclosed sales (4,000 shares at ~$105.37 and 16,568 shares at ~$116.74), reducing her stake significantly; large, recent insider sales can weigh on sentiment even if they’re for personal/liquidity reasons. SEC filing: SEC filing and coverage: Insider sells coverage

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.