Foster & Motley Inc. Raises Stake in Leidos Holdings, Inc. $LDOS

Foster & Motley Inc. increased its holdings in shares of Leidos Holdings, Inc. (NYSE:LDOS) by 27.1% in the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 36,122 shares of the aerospace company’s stock after purchasing an additional 7,713 shares during the quarter. Foster & Motley Inc.’s holdings in Leidos were worth $5,618,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of the business. Norges Bank acquired a new position in Leidos during the fourth quarter valued at approximately $318,839,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new stake in shares of Leidos in the third quarter worth $242,464,000. SG Americas Securities LLC raised its stake in shares of Leidos by 998.6% in the 1st quarter. SG Americas Securities LLC now owns 1,097,724 shares of the aerospace company’s stock valued at $170,718,000 after acquiring an additional 997,807 shares during the period. Alliancebernstein L.P. raised its stake in shares of Leidos by 64.4% in the 2nd quarter. Alliancebernstein L.P. now owns 1,529,261 shares of the aerospace company’s stock valued at $241,256,000 after acquiring an additional 598,974 shares during the period. Finally, M&T Bank Corp lifted its holdings in shares of Leidos by 2,924.4% during the 4th quarter. M&T Bank Corp now owns 405,181 shares of the aerospace company’s stock valued at $73,095,000 after acquiring an additional 391,784 shares in the last quarter. Hedge funds and other institutional investors own 76.12% of the company’s stock.

Insider Transactions at Leidos

In other Leidos news, insider Elizabeth A. Porter sold 2,000 shares of the firm’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 transaction of $317,560.00. Following the completion of the sale, the insider owned 49,476 shares in the company, valued at $7,855,799.28. This trade represents a 3.89% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through 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 Leidos stock in a transaction that occurred on Thursday, May 7th. The stock was sold at an average price of $132.75, for a total value of $197,001.00. Following the sale, the director 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. Additional details regarding this sale are available in the official SEC disclosure. 0.77% of the stock is currently owned by insiders.

Leidos Price Performance

Shares of LDOS stock opened at $99.77 on Friday. The firm has a fifty day simple moving average of $128.92 and a 200-day simple moving average of $160.95. The company has a market capitalization of $12.55 billion, a PE ratio of 9.14, a price-to-earnings-growth ratio of 1.53 and a beta of 0.50. Leidos Holdings, Inc. has a twelve month low of $99.65 and a twelve month high of $205.77. The company has a current ratio of 1.40, a quick ratio of 1.29 and a debt-to-equity ratio of 1.19.

Leidos (NYSE:LDOS) last released its quarterly earnings results on Tuesday, May 5th. The aerospace company reported $3.13 earnings per share (EPS) for the quarter, topping the consensus estimate 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 the consensus estimate of $4.28 billion. During the same quarter in the previous year, the firm posted $2.97 EPS. The firm’s quarterly revenue was up 3.7% on a year-over-year basis. Leidos has set its FY 2026 guidance at 12.100-12.500 EPS. Equities research analysts anticipate that Leidos Holdings, Inc. will post 12.25 earnings per share for the current fiscal year.

Leidos Dividend Announcement

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 1.7%. The ex-dividend date of this dividend is Monday, June 15th. Leidos’s payout ratio is presently 15.75%.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on LDOS. Stifel Nicolaus decreased their price target on shares of Leidos from $205.00 to $193.00 and set a “hold” rating for the company in a research report on Wednesday, May 6th. Truist Financial cut their price objective on Leidos from $220.00 to $195.00 and set a “buy” rating on the stock in a research report on Monday, April 20th. Argus raised Leidos to a “strong-buy” rating in a research report on Tuesday, March 31st. Royal Bank Of Canada decreased their target price on Leidos from $215.00 to $180.00 and set an “outperform” rating for the company in a research report on Wednesday, May 6th. Finally, BNP Paribas Exane initiated coverage on Leidos in a research note on Wednesday, May 27th. They issued an “outperform” rating and a $165.00 target price for the company. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and nine have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $177.92.

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.