Jason Rinsky Sells 3,865 Shares of Leonardo DRS (NASDAQ:DRS) Stock

Posted by Francis Steltz on Jun 6th, 2026

Leonardo DRS, Inc. (NASDAQ:DRS – Get Free Report) EVP Jason Rinsky sold 3,865 shares of the firm’s stock in a transaction dated Wednesday, June 3rd. The shares were sold at an average price of $46.87, for a total value of $181,152.55. Following the transaction, 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 position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Leonardo DRS Trading Down 1.2%

DRS opened at $46.15 on Friday. The firm has a market cap of $12.31 billion, a P/E ratio of 43.13, a P/E/G ratio of 3.37 and a beta of 0.34. Leonardo DRS, Inc. has a 12 month low of $32.43 and a 12 month high of $49.31. The company has a current ratio of 1.86, a quick ratio of 1.52 and a debt-to-equity ratio of 0.05. The stock has a 50-day moving average of $44.33 and a 200 day moving average of $40.84.

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

Leonardo DRS Announces Dividend

The business also recently declared 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%.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the business. Bank of Montreal Can boosted its position in shares of Leonardo DRS by 1.6% during the fourth quarter. Bank of Montreal Can now owns 19,513 shares of the company’s stock valued at $665,000 after buying an additional 309 shares during the period. Sequoia Financial Advisors LLC boosted its position in shares of Leonardo DRS by 4.7% during the fourth quarter. Sequoia Financial Advisors LLC now owns 7,228 shares of the company’s stock valued at $246,000 after buying an additional 322 shares during the period. Arizona State Retirement System raised its stake in shares of Leonardo DRS by 1.4% during the third quarter. Arizona State Retirement System now owns 23,616 shares of the company’s stock valued at $1,072,000 after acquiring an additional 327 shares in the last quarter. Osaic Holdings Inc. raised its stake in shares of Leonardo DRS by 17.0% during the second quarter. Osaic Holdings Inc. now owns 2,383 shares of the company’s stock valued at $111,000 after acquiring an additional 347 shares in the last quarter. Finally, Stephens Inc. AR raised its stake in shares of Leonardo DRS by 3.3% during the fourth quarter. Stephens Inc. AR now owns 12,165 shares of the company’s stock valued at $415,000 after acquiring an additional 389 shares in the last quarter. Hedge funds and other institutional investors own 18.76% of the company’s stock.

Analysts Set New Price Targets

Several research firms recently commented on DRS. Morgan Stanley set a $47.00 price target on Leonardo DRS in a research report on Wednesday, February 25th. Canaccord Genuity Group lifted their price target on Leonardo DRS from $52.00 to $54.00 and gave the stock a “buy” rating in a research report on Wednesday, May 6th. Wall Street Zen upgraded Leonardo DRS from a “hold” rating to a “buy” rating in a research report on Sunday, May 10th. Weiss Ratings lowered Leonardo DRS from a “hold (c+)” rating to a “hold (c)” rating in a research report on Wednesday, May 20th. Finally, Bank of America boosted their target price on Leonardo DRS from $50.00 to $55.00 and gave the company a “buy” rating in a research report on Wednesday, March 25th. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, Leonardo DRS has an average rating of “Moderate Buy” and an average target price of $52.00.

Get Our Latest Analysis on DRS

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.