Leonardo DRS, Inc. $DRS Shares Sold by Madison Asset Management LLC

Posted by Stanley Muller on Jul 22nd, 2026

Madison Asset Management LLC reduced its position in Leonardo DRS, Inc. (NASDAQ:DRS – Free Report) by 14.7% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 90,036 shares of the company’s stock after selling 15,502 shares during the period. Madison Asset Management LLC’s holdings in Leonardo DRS were worth $4,008,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Quarry LP grew its holdings in Leonardo DRS by 7,041.7% in the fourth quarter. Quarry LP now owns 857 shares of the company’s stock valued at $29,000 after purchasing an additional 845 shares during the last quarter. Allworth Financial LP raised 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 worth $40,000 after buying an additional 736 shares during the last quarter. Fifth Third Bancorp purchased a new stake in shares of Leonardo DRS in the 1st quarter worth about $41,000. Leonteq Securities AG purchased a new stake in shares of Leonardo DRS in the 4th quarter worth about $34,000. Finally, PNC Financial Services Group Inc. grew its stake in Leonardo DRS by 435.0% in the 3rd quarter. PNC Financial Services Group Inc. now owns 1,161 shares of the company’s stock valued at $53,000 after acquiring an additional 944 shares during the last quarter. 18.76% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Leonardo DRS

In related news, SVP Pamela Morrow sold 11,545 shares of the company’s stock in a transaction on Wednesday, May 27th. The stock was sold at an average price of $45.13, for a total value of $521,025.85. Following the completion of the transaction, the senior vice president directly owned 10,551 shares in the company, valued at approximately $476,166.63. This represents a 52.25% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO John Baylouny sold 36,471 shares of the stock in a transaction dated Thursday, June 18th. The stock was sold at an average price of $45.67, for a total value of $1,665,630.57. Following the transaction, the chief executive officer owned 122,435 shares in the company, valued at $5,591,606.45. This trade represents a 22.95% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 65,364 shares of company stock worth $2,994,785. Company insiders own 0.25% of the company’s stock.

Leonardo DRS Stock Performance

Shares of NASDAQ DRS opened at $45.46 on Wednesday. The company has a market cap of $12.13 billion, a PE ratio of 42.49, a price-to-earnings-growth ratio of 3.20 and a beta of 0.36. Leonardo DRS, Inc. has a 12 month low of $32.43 and a 12 month high of $50.59. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.86 and a quick ratio of 1.52. The company has a 50-day simple moving average of $45.04 and a 200-day simple moving average of $43.39.

Leonardo DRS (NASDAQ:DRS – Get Free Report) last announced its quarterly earnings data on Tuesday, May 5th. The company reported $0.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.21 by $0.05. Leonardo DRS had a net margin of 7.85% and a return on equity of 12.02%. The business had revenue of $846.00 million for the quarter, compared to the consensus estimate of $825.05 million. During the same quarter in the prior year, the firm posted $0.20 earnings per share. The company’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. On average, equities analysts anticipate that Leonardo DRS, Inc. will post 1.3 earnings per share for the current year.

Leonardo DRS Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 2nd. Shareholders of record on Tuesday, May 19th were issued 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 payout ratio is 33.64%.

Wall Street Analyst Weigh In

DRS has been the topic of several recent research reports. Bank of America upped 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 note on Friday, May 1st. Weiss Ratings downgraded Leonardo DRS from a “hold (c+)” rating to a “hold (c)” rating in a research report on Tuesday, June 23rd. Canaccord Genuity Group upped their target price on Leonardo DRS from $52.00 to $54.00 and gave the company a “buy” rating in a research note on Wednesday, May 6th. Finally, Wall Street Zen upgraded Leonardo DRS from a “hold” rating to a “buy” rating in a report 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 assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $53.75.

View Our Latest Research Report on DRS

About Leonardo DRS

(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.