Leonardo DRS (NASDAQ:DRS) Stock Price Up 5.4% – Time to Buy?

Posted by Geri Gentry on Jul 23rd, 2026

Shares of Leonardo DRS, Inc. (NASDAQ:DRS – Get Free Report) shot up 5.4% during mid-day trading on Thursday . The stock traded as high as $48.82 and last traded at $48.41. Approximately 297,439 shares were traded during trading, a decline of 74% from the average session volume of 1,130,514 shares. The stock had previously closed at $45.91.

Wall Street Analyst Weigh In

A number of equities analysts have commented on DRS shares. Weiss Ratings downgraded shares of Leonardo DRS from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, June 23rd. Canaccord Genuity Group increased their target price on shares of Leonardo DRS from $52.00 to $54.00 and gave the stock a “buy” rating in a report on Wednesday, May 6th. Bank of America lifted their price target on shares of Leonardo DRS from $50.00 to $55.00 and gave the company a “buy” rating in a report on Wednesday, March 25th. Truist Financial raised shares of Leonardo DRS to a “strong-buy” rating in a research report on Friday, May 1st. Finally, Wall Street Zen upgraded shares of Leonardo DRS from a “hold” rating to a “buy” rating in a research note on Sunday, May 10th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $53.75.

Get Our Latest Stock Report on Leonardo DRS

Leonardo DRS Stock Performance

The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.52 and a current ratio of 1.86. The stock has a 50 day moving average of $45.11 and a 200 day moving average of $43.48. The stock has a market capitalization of $12.79 billion, a P/E ratio of 44.88, a P/E/G ratio of 3.28 and a beta of 0.36.

Leonardo DRS (NASDAQ:DRS – Get Free Report) last posted its earnings results on Tuesday, May 5th. The company reported $0.26 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.21 by $0.05. Leonardo DRS had a return on equity of 12.02% and a net margin of 7.85%.The company had revenue of $846.00 million for the quarter, compared to analysts’ expectations of $825.05 million. During the same period last year, the business posted $0.20 earnings per share. The firm’s quarterly revenue was up 5.9% compared to the same quarter last year. Leonardo DRS has set its FY 2026 guidance at 1.260-1.300 EPS. Equities analysts predict that Leonardo DRS, Inc. will post 1.3 EPS for the current year.

Leonardo DRS Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 2nd. Investors of record on Tuesday, May 19th were given a $0.09 dividend. The ex-dividend date was Tuesday, May 19th. This represents a $0.36 annualized dividend and a yield of 0.8%. Leonardo DRS’s dividend payout ratio (DPR) is currently 33.64%.

Insider Activity

In other news, EVP Jason Rinsky sold 3,865 shares of Leonardo DRS stock in a transaction that occurred on Wednesday, June 3rd. The stock was sold at an average price of $46.87, for a total transaction of $181,152.55. Following the sale, the executive vice president owned 31,310 shares of the company’s stock, valued at approximately $1,467,499.70. The trade was a 10.99% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Michael Dippold sold 8,318 shares of the stock in a transaction that occurred on Monday, June 8th. The stock was sold at an average price of $46.48, for a total value of $386,620.64. Following the completion of the transaction, the chief financial officer directly owned 55,460 shares of the company’s stock, valued at $2,577,780.80. This trade represents a 13.04% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 65,364 shares of company stock worth $2,994,785 over the last three months. Insiders own 0.25% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Bank of Montreal Can increased its position in shares of Leonardo DRS by 1.6% in the fourth quarter. Bank of Montreal Can now owns 19,513 shares of the company’s stock worth $665,000 after acquiring an additional 309 shares in the last quarter. Sequoia Financial Advisors LLC boosted its stake in Leonardo DRS by 4.7% in the 4th quarter. Sequoia Financial Advisors LLC now owns 7,228 shares of the company’s stock worth $246,000 after purchasing an additional 322 shares during the period. Osaic Holdings Inc. boosted its stake in Leonardo DRS by 17.0% in the 2nd quarter. Osaic Holdings Inc. now owns 2,383 shares of the company’s stock worth $111,000 after purchasing an additional 347 shares during the period. Stephens Inc. AR grew its position in Leonardo DRS by 3.3% during the 4th quarter. Stephens Inc. AR now owns 12,165 shares of the company’s stock worth $415,000 after purchasing an additional 389 shares in the last quarter. Finally, Cibc World Market Inc. grew its position in Leonardo DRS by 6.3% during the 4th quarter. Cibc World Market Inc. now owns 7,128 shares of the company’s stock worth $243,000 after purchasing an additional 425 shares in the last quarter. Institutional investors and hedge funds own 18.76% of the company’s stock.

About Leonardo DRS

(Get Free Report)

Leonardo DRS is a U.S.-based defense technology company and wholly owned subsidiary of Italy’s Leonardo S.p.A. The firm specializes in developing and integrating mission-critical systems for military and government customers, with a primary focus on command, control, communications, computers, intelligence, surveillance and reconnaissance (C4ISR). Its core offerings encompass advanced sensors, targeting systems, radars and electronic warfare solutions designed to enhance situational awareness and operational effectiveness across land, sea and air domains.

The company’s portfolio includes naval combat management systems, unmanned vehicle sensors, power generation and distribution equipment, and training and simulation solutions.