Empowered Funds LLC Has $22.53 Million Stock Position in Leidos Holdings, Inc. $LDOS

Empowered Funds LLC boosted its holdings in shares of Leidos Holdings, Inc. (NYSE:LDOS) by 169.0% in the first quarter, HoldingsChannel reports. The fund owned 144,847 shares of the aerospace company’s stock after buying an additional 90,991 shares during the quarter. Empowered Funds LLC’s holdings in Leidos were worth $22,527,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in LDOS. Longview Financial Advisors Inc. purchased a new stake in shares of Leidos in the first quarter worth approximately $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 in the last quarter. Hantz Financial Services Inc. boosted its stake in shares of Leidos by 94.7% during the 4th quarter. Hantz Financial Services Inc. now owns 148 shares of the aerospace company’s stock valued at $27,000 after buying an additional 72 shares during the period. Hilton Head Capital Partners LLC purchased a new position in shares of Leidos during the 4th quarter valued at $28,000. Finally, Rakuten Securities Inc. increased its stake in shares of Leidos by 110.5% in the fourth 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. Institutional investors and hedge funds own 76.12% of the company’s stock.

Leidos Stock Performance

LDOS opened at $118.50 on Wednesday. The company has a debt-to-equity ratio of 1.19, a quick ratio of 1.29 and a current ratio of 1.40. The company has a market cap of $14.91 billion, a PE ratio of 10.85, a price-to-earnings-growth ratio of 1.68 and a beta of 0.54. The stock has a 50-day moving average of $113.99 and a 200-day moving average of $148.18. Leidos Holdings, Inc. has a 52-week low of $98.86 and a 52-week high of $205.77.

Leidos (NYSE:LDOS) last issued its quarterly earnings data 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. The business had revenue of $4.40 billion for the quarter, compared to the consensus estimate of $4.28 billion. Leidos had a return on equity of 31.92% and a net margin of 8.15%.The firm’s revenue was up 3.7% compared to the same quarter last year. During the same period last year, the business earned $2.97 EPS. Leidos has set its FY 2026 guidance at 12.100-12.500 EPS. As a group, equities research analysts forecast that Leidos Holdings, Inc. will post 12.3 earnings per share for the current fiscal year.

Leidos Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 15th were issued a dividend of $0.43 per share. This represents a $1.72 annualized dividend and a dividend yield of 1.5%. The ex-dividend date of this dividend was Monday, June 15th. Leidos’s dividend payout ratio is currently 15.75%.

Analysts Set New Price Targets

A number of analysts recently issued reports on the company. Wall Street Zen raised Leidos from a “hold” rating to a “buy” rating in a research report on Thursday, July 16th. The Goldman Sachs Group dropped their target price on Leidos from $171.00 to $152.00 and set a “neutral” rating on the stock in a research report on Tuesday, July 14th. Bank of America reaffirmed a “neutral” rating and set a $125.00 price target (down from $200.00) on shares of Leidos in a research note on Wednesday, June 17th. JPMorgan Chase & Co. lowered their price target on Leidos from $210.00 to $160.00 and set an “overweight” rating for the company in a research note on Monday, July 13th. Finally, Stifel Nicolaus dropped their price objective on Leidos from $205.00 to $193.00 and set a “hold” rating on the stock in a report on Wednesday, May 6th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and ten have assigned a Hold rating to the company. According to data from MarketBeat, Leidos currently has a consensus rating of “Hold” and a consensus target price of $163.80.

Insider Activity

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