Kratos Defense & Security Solutions, Inc. $KTOS Shares Purchased by Kornitzer Capital Management Inc. KS

Posted by Brian Himes on Nov 8th, 2026

Kornitzer Capital Management Inc. KS raised its holdings in Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS – Free Report) by 146.3% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 217,813 shares of the aerospace company’s stock after buying an additional 129,364 shares during the period. Kornitzer Capital Management Inc. KS’s holdings in Kratos Defense & Security Solutions were worth $9,298,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in KTOS. B&D White Capital Company LLC increased its position in shares of Kratos Defense & Security Solutions by 21,357.3% during the third quarter. B&D White Capital Company LLC now owns 1,823,870 shares of the aerospace company’s stock worth $77,861,000 after acquiring an additional 1,815,370 shares in the last quarter. Bank of New York Mellon Corp acquired a new stake in shares of Kratos Defense & Security Solutions in the 2nd quarter worth about $65,293,000. Bamco Inc. NY acquired a new stake in shares of Kratos Defense & Security Solutions in the 2nd quarter worth about $53,746,000. American Capital Management Inc. acquired a new stake in shares of Kratos Defense & Security Solutions in the 2nd quarter worth about $51,338,000. Finally, Paradigm Capital Management Inc. NY bought a new position in Kratos Defense & Security Solutions in the 2nd quarter valued at about $34,842,000. 75.92% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

KTOS has been the subject of a number of analyst reports. Zacks Research upgraded Kratos Defense & Security Solutions from a “hold” rating to a “strong-buy” rating in a research note on Friday, October 23rd. Citigroup reissued a “market outperform” rating on shares of Kratos Defense & Security Solutions in a report on Monday, October 19th. Weiss Ratings reissued a “sell (d+)” rating on shares of Kratos Defense & Security Solutions in a research note on Tuesday. Royal Bank Of Canada dropped their target price on Kratos Defense & Security Solutions from $80.00 to $55.00 and set an “outperform” rating on the stock in a report on Wednesday, October 28th. Finally, Citizens Jmp cut their target price on Kratos Defense & Security Solutions from $105.00 to $70.00 and set a “market outperform” rating on the stock in a research report on Monday, October 19th. Three research analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, one has assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $81.70.

Read Our Latest Report on KTOS

Kratos Defense & Security Solutions Stock Performance

Shares of KTOS stock opened at $35.10 on Friday. The company has a debt-to-equity ratio of 0.04, a current ratio of 5.54 and a quick ratio of 4.99. The firm has a 50-day moving average of $43.48 and a 200-day moving average of $62.56. Kratos Defense & Security Solutions, Inc. has a one year low of $31.57 and a one year high of $134.00. The company has a market cap of $6.59 billion, a P/E ratio of 292.50 and a beta of 1.18.

Kratos Defense & Security Solutions (NASDAQ:KTOS – Get Free Report) last released its quarterly earnings results on Thursday, November 5th. The aerospace company reported $0.24 earnings per share for the quarter, topping the consensus estimate of $0.21 by $0.03. Kratos Defense & Security Solutions had a net margin of 1.34% and a return on equity of 3.32%. The business had revenue of $471.80 million for the quarter, compared to analysts’ expectations of $471.40 million. During the same period in the previous year, the company earned $0.14 earnings per share. The firm’s revenue for the quarter was up 35.7% compared to the same quarter last year. Equities research analysts forecast that Kratos Defense & Security Solutions, Inc. will post 0.59 EPS for the current fiscal year.

Trending Headlines about Kratos Defense & Security Solutions

Here are the key news stories impacting Kratos Defense & Security Solutions this week:

Positive Sentiment: Third-quarter adjusted EPS was $0.24, above the $0.21 consensus, while revenue rose 35.7% year over year to $471.8 million. Government Solutions growth was a key contributor. Kratos Defense Q3 Earnings Outpace Estimates, Revenues Increase Y/Y
Positive Sentiment: Orders exceeded sales, with a 2.2-to-1 book-to-bill ratio and backlog reported at $2.65 billion—supportive of future revenue. Fourth-quarter revenue guidance has a $495 million midpoint, slightly above analyst expectations, and the company maintained a roughly $1.8 billion full-year revenue outlook. Kratos Sales Up 36%, Free Cash Flow Negative: Rapid Earnings Reaction
Neutral Sentiment: Call-option trading activity was unusually high, up 44% versus its average volume. This may reflect increased investor interest but does not establish the direction of future performance.
Negative Sentiment: Despite adjusted earnings growth, Kratos reported a small GAAP net loss, negative free cash flow, and a GAAP operating loss. These issues raise questions about near-term profitability and cash conversion. Kratos Q3 2026 Earnings Call Transcript
Negative Sentiment: BTIG cut its price target to $65 from $104, although it retained a Buy rating. The reduction signals a more cautious valuation view even as the firm sees upside potential. BTIG Research ratings

Insider Activity

In other Kratos Defense & Security Solutions news, CEO Eric M. Demarco sold 300,000 shares of Kratos Defense & Security Solutions stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $64.33, for a total transaction of $19,299,000.00. Following the transaction, the chief executive officer owned 761,632 shares of the company’s stock, valued at $48,995,786.56. This trade represents a 28.26% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Deanna H. Lund sold 7,000 shares of the business’s stock in a transaction that occurred on Monday, September 21st. The stock was sold at an average price of $48.78, for a total value of $341,460.00. Following the completion of the transaction, the chief financial officer owned 273,511 shares in the company, valued at $13,341,866.58. The trade was a 2.50% decrease in their position. 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 90 days, insiders have sold 373,013 shares of company stock worth $23,340,582. Corporate insiders own 1.50% of the company’s stock.

Kratos Defense & Security Solutions Company Profile

(Free Report)

Kratos Defense & Security Solutions is a defense technology company that develops products and services for U.S. government agencies, national security organizations, and allied governments. Its work spans unmanned systems, satellite communications, microwave electronics, command-and-control systems, and training and simulation.

The company’s offerings include unmanned aerial vehicles and target drones, as well as systems and components used in space and satellite communications and other defense applications.