Harel Insurance Investments & Financial Services Ltd. Grows Stake in Leidos Holdings, Inc. $LDOS

Harel Insurance Investments & Financial Services Ltd. boosted its holdings in shares of Leidos Holdings, Inc. (NYSE:LDOS) by 37.4% in the 1st quarter, Holdings Channel.com reports. The institutional investor owned 23,649 shares of the aerospace company’s stock after buying an additional 6,437 shares during the period. Harel Insurance Investments & Financial Services Ltd.’s holdings in Leidos were worth $3,678,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Longview Financial Advisors Inc. bought a new position in Leidos in the first quarter valued at $26,000. JFS Wealth Advisors LLC lifted its position in Leidos by 77.6% in the 4th quarter. JFS Wealth Advisors LLC now owns 151 shares of the aerospace company’s stock worth $27,000 after buying an additional 66 shares during the last quarter. Hantz Financial Services Inc. boosted its stake in Leidos by 94.7% in the fourth quarter. Hantz Financial Services Inc. now owns 148 shares of the aerospace company’s stock worth $27,000 after buying an additional 72 shares in the last quarter. Hilton Head Capital Partners LLC bought a new position in Leidos during the fourth quarter valued at approximately $28,000. Finally, Rakuten Securities Inc. lifted its holdings in shares of Leidos by 110.5% in the 4th quarter. Rakuten Securities Inc. now owns 160 shares of the aerospace company’s stock worth $29,000 after acquiring an additional 84 shares during the last quarter. 76.12% of the stock is currently owned by institutional investors.

Leidos Trading Up 1.6%

LDOS opened at $108.22 on Thursday. The stock has a market cap of $13.61 billion, a PE ratio of 9.91, a PEG ratio of 1.56 and a beta of 0.54. The business has a 50 day moving average of $117.02 and a 200-day moving average of $153.10. Leidos Holdings, Inc. has a 52 week low of $98.86 and a 52 week high of $205.77. 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 data on Tuesday, May 5th. The aerospace company reported $3.13 EPS for the quarter, beating the consensus estimate of $2.88 by $0.25. The business had revenue of $4.40 billion during the quarter, compared to analyst estimates of $4.28 billion. Leidos had a return on equity of 31.92% and a net margin of 8.15%.The company’s revenue for the quarter was up 3.7% on a year-over-year basis. During the same quarter last year, the firm posted $2.97 earnings per share. Leidos has set its FY 2026 guidance at 12.100-12.500 EPS. Equities research analysts predict that Leidos Holdings, Inc. will post 12.3 earnings per share for the current fiscal year.

Leidos Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th were paid a dividend of $0.43 per share. This represents a $1.72 annualized dividend and a yield of 1.6%. The ex-dividend date was Monday, June 15th. Leidos’s dividend payout ratio (DPR) is currently 15.75%.

Insider Transactions at Leidos

In other news, Director Gary Stephen May sold 1,484 shares of the firm’s stock in a transaction dated Thursday, May 7th. The shares were sold at an average price of $132.75, for a total transaction of $197,001.00. Following the sale, the director owned 10,137 shares of the company’s stock, valued at $1,345,686.75. This trade represents a 12.77% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Corporate insiders own 0.77% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on LDOS. The Goldman Sachs Group reduced their price objective on Leidos from $171.00 to $152.00 and set a “neutral” rating on the stock in a research note on Tuesday. Bank of America reissued a “neutral” rating and set a $125.00 price objective (down from $200.00) on shares of Leidos in a research note on Wednesday, June 17th. Wall Street Zen raised shares of Leidos from a “hold” rating to a “buy” rating in a research note on Thursday. TD Cowen decreased their price objective on shares of Leidos from $160.00 to $115.00 and set a “hold” rating on the stock in a research report on Tuesday, July 7th. Finally, Truist Financial reduced their price target on Leidos from $195.00 to $160.00 and set a “buy” rating on the stock in a report on Friday, July 10th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and ten have given a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $163.80.

Leidos Company 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.