Leonardo DRS (NASDAQ:DRS) CFO Michael Dippold Sells 7,071 Shares

03 Apr 2026, 22:26 by Kim Johansen · The Markets Daily

Leonardo DRS, Inc. (NASDAQ:DRS – Get Free Report) CFO Michael Dippold sold 7,071 shares of the stock in a transaction that occurred on Thursday, April 2nd. The stock was sold at an average price of $45.38, for a total value of $320,881.98. Following the transaction, the chief financial officer owned 63,778 shares in the company, valued at $2,894,245.64. The trade was a 9.98% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Michael Dippold also recently made the following trade(s):

On Monday, March 16th, Michael Dippold sold 16,330 shares of Leonardo DRS stock. The shares were sold at an average price of $45.27, for a total transaction of $739,259.10.
On Monday, January 5th, Michael Dippold sold 10,588 shares of Leonardo DRS stock. The shares were sold at an average price of $37.00, for a total transaction of $391,756.00.

Leonardo DRS Stock Performance

NASDAQ DRS remained flat at $46.30 on Friday. 945,431 shares of the company traded hands, compared to its average volume of 1,103,673. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.60 and a current ratio of 1.89. The stock has a market capitalization of $12.32 billion, a P/E ratio of 44.95, a PEG ratio of 3.39 and a beta of 0.43. The stock’s 50 day moving average is $42.84 and its two-hundred day moving average is $39.72. Leonardo DRS, Inc. has a fifty-two week low of $28.17 and a fifty-two week high of $49.31.

Leonardo DRS (NASDAQ:DRS – Get Free Report) last announced its quarterly earnings data on Sunday, February 15th. The company reported $0.42 earnings per share for the quarter. The firm had revenue of $1.06 billion for the quarter. Leonardo DRS had a net margin of 7.62% and a return on equity of 11.68%. On average, analysts expect that Leonardo DRS, Inc. will post 1.04 earnings per share for the current year.

Leonardo DRS Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 24th. Investors of record on Tuesday, March 10th were paid a dividend of $0.09 per share. This represents a $0.36 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend was Tuesday, March 10th. Leonardo DRS’s dividend payout ratio is 34.95%.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the stock. True Wealth Design LLC grew its holdings in Leonardo DRS by 122.6% during the third quarter. True Wealth Design LLC now owns 541 shares of the company’s stock worth $25,000 after buying an additional 298 shares in the last quarter. Steward Partners Investment Advisory LLC raised its position in Leonardo DRS by 91.7% in the 2nd quarter. Steward Partners Investment Advisory LLC now owns 575 shares of the company’s stock valued at $27,000 after buying an additional 275 shares during the last quarter. Clearstead Advisors LLC lifted its stake in 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 acquiring an additional 581 shares in the last quarter. GAMMA Investing LLC boosted its holdings in Leonardo DRS by 72.2% during the 3rd quarter. GAMMA Investing LLC now owns 751 shares of the company’s stock worth $34,000 after acquiring an additional 315 shares during the last quarter. Finally, Quarry LP boosted its holdings in Leonardo DRS by 7,041.7% during the 4th quarter. Quarry LP now owns 857 shares of the company’s stock worth $29,000 after acquiring an additional 845 shares during the last quarter. Hedge funds and other institutional investors own 18.76% of the company’s stock.

Wall Street Analyst Weigh In

DRS has been the subject of a number of research reports. Truist Financial set a $59.00 price objective on Leonardo DRS in a research note on Wednesday, February 25th. Bank of America increased their target price on Leonardo DRS from $50.00 to $55.00 and gave the stock a “buy” rating in a report on Wednesday, March 25th. Morgan Stanley set a $47.00 price target on shares of Leonardo DRS in a research note on Wednesday, February 25th. Weiss Ratings raised shares of Leonardo DRS from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, March 20th. Finally, Wall Street Zen downgraded shares of Leonardo DRS from a “buy” rating to a “hold” rating in a research report on Saturday, February 28th. Six investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $51.00.

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.