California State Teachers Retirement System Boosts Stock Holdings in Mercury Systems Inc $MRCY

Posted by George Bondi on Aug 8th, 2026

California State Teachers Retirement System grew its holdings in Mercury Systems Inc (NASDAQ:MRCY – Free Report) by 24.1% during the 1st quarter, HoldingsChannel.com reports. The firm owned 63,570 shares of the technology company’s stock after buying an additional 12,346 shares during the quarter. California State Teachers Retirement System’s holdings in Mercury Systems were worth $4,635,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Invesco Ltd. boosted its holdings in Mercury Systems by 161.7% in the 3rd quarter. Invesco Ltd. now owns 1,527,443 shares of the technology company’s stock worth $118,224,000 after buying an additional 943,736 shares during the period. State Street Corp raised its holdings in Mercury Systems by 12.1% during the 4th quarter. State Street Corp now owns 3,423,600 shares of the technology company’s stock valued at $249,957,000 after acquiring an additional 368,242 shares during the period. Goldman Sachs Group Inc. raised its holdings in Mercury Systems by 51.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 855,441 shares of the technology company’s stock valued at $36,861,000 after acquiring an additional 290,989 shares during the period. Fifth Third Bancorp lifted its position in shares of Mercury Systems by 22,232.9% during the first quarter. Fifth Third Bancorp now owns 267,101 shares of the technology company’s stock worth $19,474,000 after acquiring an additional 265,905 shares in the last quarter. Finally, Jennison Associates LLC lifted its position in shares of Mercury Systems by 52.9% during the first quarter. Jennison Associates LLC now owns 688,114 shares of the technology company’s stock worth $50,170,000 after acquiring an additional 238,147 shares in the last quarter. 95.99% of the stock is currently owned by hedge funds and other institutional investors.

Mercury Systems Stock Down 0.2%

Shares of NASDAQ:MRCY opened at $108.64 on Friday. The firm has a fifty day moving average price of $109.05 and a two-hundred day moving average price of $94.40. The company has a debt-to-equity ratio of 0.40, a current ratio of 3.19 and a quick ratio of 2.15. Mercury Systems Inc has a one year low of $52.63 and a one year high of $128.45. The company has a market cap of $6.52 billion, a price-to-earnings ratio of -452.67 and a beta of 0.95.

Mercury Systems (NASDAQ:MRCY – Get Free Report) last released its quarterly earnings results on Tuesday, May 5th. The technology company reported $0.27 earnings per share for the quarter, topping the consensus estimate of $0.06 by $0.21. Mercury Systems had a negative net margin of 1.46% and a positive return on equity of 2.22%. The firm had revenue of $235.76 million for the quarter, compared to analysts’ expectations of $208.56 million. During the same quarter in the prior year, the firm posted $0.06 earnings per share. The business’s quarterly revenue was up 11.5% on a year-over-year basis. Analysts anticipate that Mercury Systems Inc will post 0.33 EPS for the current fiscal year.

Analyst Ratings Changes

MRCY has been the subject of several recent research reports. Zacks Research cut Mercury Systems from a “strong-buy” rating to a “hold” rating in a research report on Tuesday. The Goldman Sachs Group increased their price objective on Mercury Systems from $60.00 to $68.00 and gave the stock a “sell” rating in a report on Monday, May 11th. Wall Street Zen downgraded Mercury Systems from a “buy” rating to a “hold” rating in a research note on Saturday, July 18th. Canaccord Genuity Group raised their target price on Mercury Systems from $102.00 to $106.00 and gave the stock a “buy” rating in a research note on Thursday, May 7th. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Mercury Systems in a report on Friday, July 17th. Two equities research analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating, three have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $95.78.

Get Our Latest Analysis on Mercury Systems

Insider Activity at Mercury Systems

In other Mercury Systems news, EVP Steven Ratner sold 2,000 shares of the company’s stock in a transaction dated Monday, May 11th. The stock was sold at an average price of $92.46, for a total value of $184,920.00. Following the transaction, the executive vice president directly owned 32,238 shares in the company, valued at $2,980,725.48. This represents a 5.84% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Howard L. Lance sold 9,250 shares of the firm’s stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $99.76, for a total value of $922,780.00. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 18,250 shares of company stock valued at $1,733,220. Company insiders own 1.40% of the company’s stock.

Mercury Systems Company Profile

(Free Report)

Mercury Systems, Inc (NASDAQ: MRCY) is a technology company that designs, manufactures and markets secure processing subsystems for aerospace and defense applications. The company’s products are built to address the stringent security, safety and reliability requirements of mission-critical programs, with a focus on radar, electronic warfare, intelligence and other sensor and processing functions. Mercury’s offerings encompass rugged embedded computing modules, high-performance radio frequency (RF) and microwave components, digital signal processing subsystems and secure networking solutions.

Since its origins in advanced signal processing, Mercury Systems has expanded its capabilities through a combination of internal development and targeted acquisitions.