MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. Takes $242.46 Million Position in Leidos Holdings, Inc. $LDOS

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new stake in Leidos Holdings, Inc. (NYSE:LDOS) in the third quarter, Holdings Channel reports. The firm acquired 1,283,152 shares of the aerospace company’s stock, valued at approximately $242,464,000.

Other large investors have also recently added to or reduced their stakes in the company. Harbor Capital Advisors Inc. lifted its holdings in Leidos by 2.7% during the 3rd quarter. Harbor Capital Advisors Inc. now owns 2,203 shares of the aerospace company’s stock worth $416,000 after buying an additional 57 shares in the last quarter. 44 Wealth Management LLC boosted its position in Leidos by 1.0% in the 3rd quarter. 44 Wealth Management LLC now owns 5,500 shares of the aerospace company’s stock valued at $1,039,000 after buying an additional 57 shares during the period. Personal CFO Solutions LLC grew its stake in shares of Leidos by 2.0% in the second quarter. Personal CFO Solutions LLC now owns 2,974 shares of the aerospace company’s stock worth $469,000 after acquiring an additional 59 shares in the last quarter. Beacon Pointe Advisors LLC grew its stake in shares of Leidos by 3.7% in the second quarter. Beacon Pointe Advisors LLC now owns 1,639 shares of the aerospace company’s stock worth $259,000 after acquiring an additional 59 shares in the last quarter. Finally, Atlantic Union Bankshares Corp increased its position in shares of Leidos by 0.7% during the third quarter. Atlantic Union Bankshares Corp now owns 8,243 shares of the aerospace company’s stock worth $1,558,000 after acquiring an additional 61 shares during the period. 76.12% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on LDOS shares. Jefferies Financial Group reiterated a “buy” rating and issued a $215.00 price objective on shares of Leidos in a research note on Monday, February 23rd. Weiss Ratings reissued a “buy (b)” rating on shares of Leidos in a research note on Monday, December 29th. Stifel Nicolaus reduced their price target on Leidos from $220.00 to $205.00 and set a “hold” rating on the stock in a research report on Wednesday, February 18th. Wall Street Zen cut Leidos from a “strong-buy” rating to a “hold” rating in a research note on Saturday, February 21st. Finally, Citigroup boosted their price objective on Leidos from $218.00 to $232.00 and gave the stock a “buy” rating in a research report on Tuesday, January 13th. Nine equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $214.18.

Leidos Stock Down 3.7%

LDOS opened at $167.46 on Tuesday. Leidos Holdings, Inc. has a one year low of $128.32 and a one year high of $205.77. The company has a debt-to-equity ratio of 0.93, a quick ratio of 1.58 and a current ratio of 1.70. The stock has a market capitalization of $21.17 billion, a P/E ratio of 15.05, a price-to-earnings-growth ratio of 1.23 and a beta of 0.63. The business’s 50-day simple moving average is $183.40 and its 200-day simple moving average is $186.24.

Leidos (NYSE:LDOS) last released its quarterly earnings results on Tuesday, February 17th. The aerospace company reported $2.76 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.57 by $0.19. The firm had revenue of $4.21 billion for the quarter, compared to the consensus estimate of $4.31 billion. Leidos had a return on equity of 32.95% and a net margin of 8.43%.The firm’s quarterly revenue was down 3.6% compared to the same quarter last year. During the same quarter last year, the business posted $2.37 EPS. Leidos has set its FY 2026 guidance at 12.050-12.450 EPS. Analysts anticipate that Leidos Holdings, Inc. will post 10.62 EPS for the current year.

Leidos Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Monday, March 16th will be issued a $0.43 dividend. This represents a $1.72 annualized dividend and a dividend yield of 1.0%. The ex-dividend date of this dividend is Monday, March 16th. Leidos’s dividend payout ratio is presently 15.45%.

Insider Buying and Selling at Leidos

In other news, insider Elizabeth A. Porter sold 3,000 shares of the firm’s stock in a transaction that occurred on Tuesday, January 20th. The shares were sold at an average price of $192.21, for a total transaction of $576,630.00. Following the transaction, the insider directly owned 38,575 shares in the company, valued at approximately $7,414,500.75. This trade represents a 7.22% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 0.96% of the company’s stock.

About Leidos

Leidos is an American technology and engineering company that provides services and solutions to government and commercial customers, with a strong focus on national security, defense, intelligence, and civil government markets. The company delivers systems integration, engineering, cybersecurity, software development, data analytics, cloud migration and managed IT services, as well as mission support for complex programs. Leidos’ work spans areas such as C4ISR (command, control, communications, computers, intelligence, surveillance and reconnaissance), secure communications, sensors and systems engineering, and health IT solutions for public-sector healthcare programs.

Leidos traces its corporate roots to Science Applications International Corporation (SAIC) and emerged as an independent, publicly traded company following a corporate separation in 2013.