Wedge Capital Management L L P NC Increases Stock Holdings in Leidos Holdings, Inc. $LDOS

Wedge Capital Management L L P NC raised its position in Leidos Holdings, Inc. (NYSE:LDOS) by 663.3% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 355,824 shares of the aerospace company’s stock after acquiring an additional 309,206 shares during the period. Leidos makes up about 1.2% of Wedge Capital Management L L P NC’s holdings, making the stock its 7th largest position. Wedge Capital Management L L P NC owned 0.28% of Leidos worth $64,191,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the company. Mather Group LLC. bought a new position in shares of Leidos in the 3rd quarter worth $28,000. JFS Wealth Advisors LLC increased its stake in Leidos by 77.6% during the 4th quarter. JFS Wealth Advisors LLC now owns 151 shares of the aerospace company’s stock valued at $27,000 after purchasing an additional 66 shares in the last quarter. Cape Investment Advisory Inc. bought a new stake in Leidos during the 3rd quarter valued at $31,000. Wexford Capital LP acquired a new position in Leidos during the third quarter worth $32,000. Finally, First Horizon Corp acquired a new position in Leidos during the third quarter worth $39,000. 76.12% of the stock is owned by institutional investors and hedge funds.

Leidos Stock Down 1.3%

Leidos stock opened at $155.46 on Friday. Leidos Holdings, Inc. has a fifty-two week low of $128.32 and a fifty-two week high of $205.77. The stock has a market cap of $19.61 billion, a PE ratio of 13.97, a price-to-earnings-growth ratio of 1.11 and a beta of 0.63. The firm’s 50-day simple moving average is $177.46 and its 200 day simple moving average is $185.08. The company has a debt-to-equity ratio of 0.93, a quick ratio of 1.58 and a current ratio of 1.70.

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

Leidos Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Monday, March 16th will be given a dividend of $0.43 per share. The ex-dividend date of this dividend is Monday, March 16th. This represents a $1.72 annualized dividend and a dividend yield of 1.1%. Leidos’s dividend payout ratio (DPR) is currently 15.45%.

Insider Transactions at Leidos

In other Leidos news, insider Elizabeth A. Porter sold 3,000 shares of the business’s stock in a transaction 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 sale, the insider owned 38,575 shares of the company’s stock, valued at $7,414,500.75. The trade was a 7.22% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Company insiders own 0.96% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on LDOS shares. Stifel Nicolaus reduced their price objective on shares of Leidos from $220.00 to $205.00 and set a “hold” rating for the company in a report on Wednesday, February 18th. Citigroup upped their target price on shares of Leidos from $218.00 to $232.00 and gave the stock a “buy” rating in a report on Tuesday, January 13th. Robert W. Baird dropped their price target on shares of Leidos from $215.00 to $195.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 18th. UBS Group set a $204.00 price target on Leidos in a research note on Thursday, January 15th. Finally, Royal Bank Of Canada lowered their price objective on Leidos from $230.00 to $215.00 and set an “outperform” rating for the company in a research note on Wednesday, February 18th. Nine equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $214.18.

Leidos Profile

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.