How do the recent earnings, analyst price targets, and hedge fund holdings of Ducommun Incorporated compare with those o

How the Three Defense Stocks Stack Up

The evidence provides plenty of data for Ducommun and Karman, but Mercury Systems is largely absent. For Mercury, we only have an ambiguous comparison table that doesn’t specify which numbers belong to which company. So the true side‑by‑side picture is lopsided.

Recent Earnings

Ducommun Incorporated

• First‑quarter 2026 net income was $9.9 million, or $0.64 per diluted share [4].
• Adjusted operating margins jumped 550 basis points to 16.9%, thanks to a better product mix and consolidation [8].
• On the flip side, Electronic Systems sales dropped 5% year‑over‑year to $101 million, pulled down by lower in‑flight entertainment and military program revenues [9].
• Management lowered its 2024 revenue guidance, citing soft military programs and possible Boeing‑related supply chain trouble [10].

Karman Holdings

• Second‑quarter fiscal 2025 revenue came in at $115,097, with cost of goods sold of $68,076 and gross profit of $47,021 [1].
• Karman posted record first‑quarter 2026 revenue, driven by strong space and defense orders [3][20].
• A stock comparison page (Karman vs Mercury) lists financial metrics like Income 51.02%, Sales Q/Q 222.58, P/E 12.77, P/FCF 7.94%, and ROE [2]. However, the page does not break out which figures belong to which stock, so we can’t pin them on Karman or Mercury.

Mercury Systems

• No recent earnings numbers for Mercury appear in the evidence beyond the ambiguous comparison table [2].

Analyst Price Targets

Ducommun Incorporated

• Analysts are upbeat, with a consensus rating of Strong Buy (5 analysts) [6].
• The average 12‑month target lands in the low‑$160s: $162 [7][11], $164 [13], or $166.67 [14], depending on the source.
• The highest target reaches $190 (Citigroup) [14], with other high estimates at $187 [12][13]; the lowest target sits at $130 [13].

Karman Holdings

• The analyst consensus target is roughly $105.60, more than double the stock’s price at the time of the report [5].

Mercury Systems

• No analyst price targets or ratings are offered in the evidence.

Institutional (Hedge Fund) Holdings

Ducommun Incorporated

• Institutional investors hold a massive 98.75% of the company, unchanged as of May 2026 [19]. Insiders owned 5.16%, down from 5.53% [18].
• As of December 31, 2025, the two largest holders were BlackRock (1,282,830 shares, 8.56%) and Vanguard (839,313 shares, 5.60%) [15].
• Overall institutional ownership totals 14,359,044 shares; other big names include State Street and Paradigm Capital [16].
• In short, institutions have a hefty grip on the stock [17].

Karman Holdings & Mercury Systems

• No institutional or hedge‑fund holding data for either Karman or Mercury is provided in the evidence.