Rep. Julia Letlow Buys Leonardo DRS, Inc. (NASDAQ:DRS) Shares

Representative Julia Letlow (Republican-Louisiana) recently bought shares of Leonardo DRS, Inc. (NASDAQ:DRS). In a filing disclosed on March 12th, the Representative disclosed that they had bought between $1,001 and $15,000 in Leonardo DRS stock on February 2nd. The trade occurred in the Representative’s “MERRILL LYNCH INVESTMENT ACCOUNT #025” account.

Representative Julia Letlow also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of HF Sinclair (NYSE:DINO) on 2/20/2026.
• Sold $1,001 – $15,000 in shares of BXP (NYSE:BXP) on 2/20/2026.
• Purchased $1,001 – $15,000 in shares of Travelers Companies (NYSE:TRV) on 2/20/2026.
• Sold $1,001 – $15,000 in shares of Expand Energy (NASDAQ:EXE) on 2/17/2026.
• Sold $1,001 – $15,000 in shares of Public Service Enterprise Group (NYSE:PEG) on 2/17/2026.
• Purchased $1,001 – $15,000 in shares of Vistra (NYSE:VST) on 2/17/2026.
• Sold $1,001 – $15,000 in shares of AT&T (NYSE:T) on 2/12/2026.
• Purchased $1,001 – $15,000 in shares of Extra Space Storage (NYSE:EXR) on 2/12/2026.
• Sold $1,001 – $15,000 in shares of Icon (NASDAQ:ICLR) on 2/12/2026.
• Purchased $1,001 – $15,000 in shares of Regeneron Pharmaceuticals (NASDAQ:REGN) on 2/12/2026.

Leonardo DRS Stock Performance

DRS opened at $44.84 on Monday. The stock’s fifty day moving average is $42.59 and its two-hundred day moving average is $39.60. The company has a market capitalization of $11.93 billion, a P/E ratio of 43.53, a PEG ratio of 3.31 and a beta of 0.41. Leonardo DRS, Inc. has a 52 week low of $28.17 and a 52 week high of $49.31. The company has a quick ratio of 1.60, a current ratio of 1.89 and a debt-to-equity ratio of 0.12.

Leonardo DRS (NASDAQ:DRS) last issued its earnings results on Sunday, February 15th. The company reported $0.42 earnings per share for the quarter. Leonardo DRS had a return on equity of 11.68% and a net margin of 7.62%.The business had revenue of $1.06 billion during the quarter. Analysts forecast that Leonardo DRS, Inc. will post 1.04 earnings per share for the current year.

Leonardo DRS Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 24th. Investors of record on Tuesday, March 10th were paid a $0.09 dividend. The ex-dividend date of this dividend was Tuesday, March 10th. This represents a $0.36 annualized dividend and a yield of 0.8%. Leonardo DRS’s dividend payout ratio is 34.95%.

Institutional Investors Weigh In On Leonardo DRS

A number of institutional investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. raised its holdings in Leonardo DRS by 0.5% in the fourth quarter. Vanguard Group Inc. now owns 7,717,551 shares of the company’s stock worth $263,091,000 after purchasing an additional 34,858 shares in the last quarter. State Street Corp boosted its holdings in shares of Leonardo DRS by 4.0% in the 4th quarter. State Street Corp now owns 3,988,403 shares of the company’s stock valued at $135,965,000 after buying an additional 153,697 shares in the last quarter. Invesco Ltd. grew its position in shares of Leonardo DRS by 30.1% in the 2nd quarter. Invesco Ltd. now owns 3,768,160 shares of the company’s stock worth $175,144,000 after buying an additional 870,772 shares during the last quarter. First Trust Advisors LP grew its position in shares of Leonardo DRS by 116.8% in the 3rd quarter. First Trust Advisors LP now owns 3,661,214 shares of the company’s stock worth $166,219,000 after buying an additional 1,972,596 shares during the last quarter. Finally, AQR Capital Management LLC raised its stake in shares of Leonardo DRS by 77.1% during the 4th quarter. AQR Capital Management LLC now owns 2,255,400 shares of the company’s stock worth $76,887,000 after acquiring an additional 981,956 shares in the last quarter. Institutional investors own 18.76% of the company’s stock.

Analysts Set New Price Targets

Several analysts recently weighed in on DRS shares. Bank of America lifted their price objective on Leonardo DRS from $50.00 to $55.00 and gave the company a “buy” rating in a report on Wednesday, March 25th. Weiss Ratings upgraded shares of Leonardo DRS from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, March 20th. Wall Street Zen downgraded shares of Leonardo DRS from a “buy” rating to a “hold” rating in a research report on Saturday, February 28th. Morgan Stanley set a $47.00 price target on shares of Leonardo DRS in a report on Wednesday, February 25th. Finally, Truist Financial set a $59.00 price objective on shares of Leonardo DRS in a research note on Wednesday, February 25th. Six investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $51.00.

Insider Activity at Leonardo DRS

In other news, EVP Sally Wallace sold 1,300 shares of the company’s stock in a transaction on Monday, January 5th. The stock was sold at an average price of $35.17, for a total transaction of $45,721.00. Following the transaction, the executive vice president directly owned 58,353 shares of the company’s stock, valued at approximately $2,052,275.01. This represents a 2.18% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Michael Dippold sold 16,330 shares of the stock in a transaction on Monday, March 16th. The shares were sold at an average price of $45.27, for a total value of $739,259.10. Following the sale, the chief financial officer owned 26,622 shares of the company’s stock, valued at approximately $1,205,177.94. This represents a 38.02% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 40,218 shares of company stock valued at $1,719,136 over the last 90 days. Insiders own 0.12% of the company’s stock.

About Representative Letlow

Julia Letlow (Republican Party) is a member of the U.S. House, representing Louisiana’s 5th Congressional District. She assumed office on April 14, 2021. Her current term ends on January 3, 2027.

Letlow (Republican Party) is running for re-election to the U.S. House to represent Louisiana’s 5th Congressional District. She declared candidacy for the primary scheduled on November 3, 2026.

Julia Letlow earned a doctorate. Letlow’s career experience includes working as a senior administrator with the University of Louisiana at Monroe.

About Leonardo DRS

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.