Sally Wallace Sells 1,300 Shares of Leonardo DRS (NASDAQ:DRS) Stock

Posted by Geri Gentry on Jun 17th, 2026

Leonardo DRS, Inc. (NASDAQ:DRS – Get Free Report) EVP Sally Wallace sold 1,300 shares of Leonardo DRS stock in a transaction dated Thursday, June 11th. The stock was sold at an average price of $50.00, for a total value of $65,000.00. Following the completion of the sale, the executive vice president owned 57,053 shares of the company’s stock, valued at $2,852,650. The trade was a 2.23% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Sally Wallace also recently made the following trade(s):

On Thursday, April 2nd, Sally Wallace sold 28,960 shares of Leonardo DRS stock. The shares were sold at an average price of $46.35, for a total transaction of $1,342,296.00.

Leonardo DRS Stock Performance

Shares of NASDAQ DRS opened at $45.59 on Wednesday. The firm’s 50-day moving average price is $44.59 and its 200-day moving average price is $41.56. Leonardo DRS, Inc. has a 52-week low of $32.43 and a 52-week high of $50.59. The company has a market cap of $12.16 billion, a PE ratio of 42.61, a PEG ratio of 3.37 and a beta of 0.34. The company has a quick ratio of 1.52, a current ratio of 1.86 and a debt-to-equity ratio of 0.05.

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

Leonardo DRS Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 2nd. Shareholders of record on Tuesday, May 19th were paid a dividend of $0.09 per share. The ex-dividend date was Tuesday, May 19th. This represents a $0.36 dividend on an annualized basis and a yield of 0.8%. Leonardo DRS’s payout ratio is currently 33.64%.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on DRS shares. Bank of America raised their price target on Leonardo DRS from $50.00 to $55.00 and gave the stock a “buy” rating in a research note on Wednesday, March 25th. Wall Street Zen raised Leonardo DRS from a “hold” rating to a “buy” rating in a report on Sunday, May 10th. Canaccord Genuity Group boosted their price target on Leonardo DRS from $52.00 to $54.00 and gave the company a “buy” rating in a research note on Wednesday, May 6th. Truist Financial raised shares of Leonardo DRS to a “strong-buy” rating in a research report on Friday, May 1st. Finally, Weiss Ratings upgraded shares of Leonardo DRS from a “hold (c)” rating to a “hold (c+)” rating in a research note on Friday, June 5th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $52.80.

Check Out Our Latest Stock Report on Leonardo DRS

Hedge Funds Weigh In On Leonardo DRS

Several institutional investors and hedge funds have recently bought and sold shares of DRS. Quarry LP increased its position in Leonardo DRS by 7,041.7% in the fourth quarter. Quarry LP now owns 857 shares of the company’s stock worth $29,000 after buying an additional 845 shares in the last quarter. Clearstead Advisors LLC lifted its position in shares of Leonardo DRS by 564.1% during the 3rd quarter. Clearstead Advisors LLC now owns 684 shares of the company’s stock valued at $31,000 after buying an additional 581 shares in the last quarter. Leonteq Securities AG purchased a new position in shares of Leonardo DRS during the 4th quarter valued at about $34,000. Allworth Financial LP grew its stake in shares of Leonardo DRS by 504.1% during the 3rd quarter. Allworth Financial LP now owns 882 shares of the company’s stock valued at $40,000 after acquiring an additional 736 shares during the period. Finally, Fifth Third Bancorp bought a new position in shares of Leonardo DRS during the 1st quarter valued at approximately $41,000. 18.76% of the stock is currently owned by hedge funds and other institutional investors.

Leonardo DRS Company Profile

(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.