Capstone Capital Management Ltd Buys Shares of 5,419 Leidos Holdings, Inc. $LDOS

Capstone Capital Management Ltd purchased a new position in shares of Leidos Holdings, Inc. (NYSE:LDOS) in the 4th quarter, Holdings Channel reports. The institutional investor purchased 5,419 shares of the aerospace company’s stock, valued at approximately $978,000.

Several other large investors have also recently bought and sold shares of the business. State Street Corp boosted its position in shares of Leidos by 1.4% during the 3rd quarter. State Street Corp now owns 5,805,218 shares of the aerospace company’s stock worth $1,096,954,000 after purchasing an additional 78,534 shares in the last quarter. Van ECK Associates Corp boosted its holdings in Leidos by 6.4% during the third quarter. Van ECK Associates Corp now owns 2,411,312 shares of the aerospace company’s stock worth $455,642,000 after buying an additional 145,826 shares in the last quarter. Massachusetts Financial Services Co. MA grew its position in Leidos by 1.8% during the third quarter. Massachusetts Financial Services Co. MA now owns 2,221,518 shares of the aerospace company’s stock worth $419,778,000 after buying an additional 39,378 shares during the period. Alliancebernstein L.P. increased its holdings in Leidos by 26.0% in the third quarter. Alliancebernstein L.P. now owns 1,926,646 shares of the aerospace company’s stock valued at $364,059,000 after buying an additional 397,385 shares in the last quarter. Finally, AQR Capital Management LLC increased its holdings in Leidos by 8.2% in the third quarter. AQR Capital Management LLC now owns 1,551,547 shares of the aerospace company’s stock valued at $290,403,000 after buying an additional 117,835 shares in the last quarter. Hedge funds and other institutional investors own 76.12% of the company’s stock.

Leidos Stock Up 1.0%

Shares of LDOS opened at $124.96 on Tuesday. Leidos Holdings, Inc. has a fifty-two week low of $121.53 and a fifty-two week high of $205.77. The company’s fifty day moving average is $153.18 and its two-hundred day moving average is $175.06. The firm has a market cap of $15.72 billion, a PE ratio of 11.44, a price-to-earnings-growth ratio of 1.57 and a beta of 0.56. The company has a quick ratio of 1.29, a current ratio of 1.40 and a debt-to-equity ratio of 1.19.

Leidos (NYSE:LDOS) last announced its quarterly earnings results on Tuesday, May 5th. The aerospace company reported $3.13 earnings per share for the quarter, beating analysts’ consensus estimates of $2.88 by $0.25. Leidos had a net margin of 8.15% and a return on equity of 31.92%. The firm had revenue of $4.40 billion for the quarter, compared to analysts’ expectations of $4.28 billion. During the same period in the previous year, the company posted $2.97 earnings per share. Leidos’s revenue was up 3.7% compared to the same quarter last year. Leidos has set its FY 2026 guidance at 12.100-12.500 EPS. Analysts forecast that Leidos Holdings, Inc. will post 12.25 earnings per share for the current year.

Leidos Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be given a dividend of $0.43 per share. This represents a $1.72 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date of this dividend is Monday, June 15th. Leidos’s payout ratio is presently 15.75%.

Analyst Ratings Changes

Several equities research analysts have recently commented on the company. Robert W. Baird decreased their price target on Leidos from $215.00 to $195.00 and set a “neutral” rating on the stock in a research note on Wednesday, February 18th. Wells Fargo & Company assumed coverage on shares of Leidos in a research report on Wednesday, April 1st. They issued an “equal weight” rating and a $165.00 price objective on the stock. Wall Street Zen cut shares of Leidos from a “buy” rating to a “hold” rating in a research report on Saturday. Jefferies Financial Group set a $185.00 price target on shares of Leidos in a research report on Wednesday, April 8th. Finally, Bank of America dropped their price objective on shares of Leidos from $235.00 to $200.00 and set a “buy” rating for the company in a research note on Tuesday, April 21st. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $193.64.

Insider Transactions at Leidos

In other Leidos news, insider Elizabeth A. Porter sold 2,000 shares of the company’s stock in a transaction that occurred on Tuesday, April 7th. The stock was sold at an average price of $158.78, for a total value of $317,560.00. Following the transaction, the insider directly owned 49,476 shares of the company’s stock, valued at $7,855,799.28. This represents a 3.89% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Gary Stephen May sold 1,484 shares of the company’s stock in a transaction on Thursday, May 7th. The shares were sold at an average price of $132.75, for a total transaction of $197,001.00. Following the completion of the sale, the director directly owned 10,137 shares in the company, valued at $1,345,686.75. This represents a 12.77% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 0.77% of the company’s stock.

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.