Mariner LLC Buys 38,150 Shares of Leidos Holdings, Inc. $LDOS

Mariner LLC increased its stake in Leidos Holdings, Inc. (NYSE:LDOS) by 4.5% during the 3rd quarter, HoldingsChannel reports. The firm owned 884,315 shares of the aerospace company’s stock after buying an additional 38,150 shares during the period. Mariner LLC’s holdings in Leidos were worth $167,072,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the stock. Norges Bank purchased a new position in shares of Leidos in the 2nd quarter worth $261,501,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new stake in Leidos during the third quarter valued at $242,464,000. Alliancebernstein L.P. boosted its position in Leidos by 64.4% in the second quarter. Alliancebernstein L.P. now owns 1,529,261 shares of the aerospace company’s stock worth $241,256,000 after purchasing an additional 598,974 shares during the last quarter. AQR Capital Management LLC grew its stake in shares of Leidos by 21.2% during the 2nd quarter. AQR Capital Management LLC now owns 1,433,712 shares of the aerospace company’s stock valued at $223,731,000 after purchasing an additional 250,555 shares during the period. Finally, Hennessy Advisors Inc. increased its position in shares of Leidos by 1,427.1% during the 3rd quarter. Hennessy Advisors Inc. now owns 259,600 shares of the aerospace company’s stock valued at $49,054,000 after purchasing an additional 242,600 shares during the last quarter. Institutional investors own 76.12% of the company’s stock.

Insider Activity at Leidos

In other news, insider Elizabeth A. Porter sold 3,000 shares of the company’s stock in a transaction dated Tuesday, January 20th. The stock was sold at an average price of $192.21, for a total value of $576,630.00. Following the completion of the transaction, the insider owned 38,575 shares of the company’s stock, valued at $7,414,500.75. This represents a 7.22% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. 0.96% of the stock is owned by insiders.

Leidos Price Performance

NYSE LDOS opened at $167.46 on Tuesday. Leidos Holdings, Inc. has a 12 month low of $128.32 and a 12 month high of $205.77. The stock has a market cap of $21.17 billion, a price-to-earnings ratio of 15.05, a PEG ratio of 1.23 and a beta of 0.63. The company’s 50 day moving average is $183.40 and its two-hundred day moving average is $186.24. The company has a current ratio of 1.70, a quick ratio of 1.58 and a debt-to-equity ratio of 0.93.

Leidos (NYSE:LDOS) last announced its quarterly earnings data on Tuesday, February 17th. The aerospace company reported $2.76 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 during the quarter, compared to analysts’ expectations of $4.31 billion. During the same period in the prior year, the company posted $2.37 earnings per share. The company’s revenue for the quarter was down 3.6% compared to the same quarter last year. Leidos has set its FY 2026 guidance at 12.050-12.450 EPS. As a group, research analysts anticipate that Leidos Holdings, Inc. will post 10.62 earnings per share for the current year.

Leidos Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Monday, March 16th will be issued a dividend of $0.43 per share. The ex-dividend date of this dividend is Monday, March 16th. This represents a $1.72 dividend on an annualized basis and a yield of 1.0%. Leidos’s dividend payout ratio (DPR) is currently 15.45%.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on LDOS shares. Royal Bank Of Canada dropped their price objective on shares of Leidos from $230.00 to $215.00 and set an “outperform” rating on the stock in a report on Wednesday, February 18th. Jefferies Financial Group reiterated a “buy” rating and issued a $215.00 price target on shares of Leidos in a research report on Monday, February 23rd. Wall Street Zen cut shares of Leidos from a “strong-buy” rating to a “hold” rating in a research note on Saturday, February 21st. Stifel Nicolaus cut their price objective on shares of Leidos from $220.00 to $205.00 and set a “hold” rating for the company in a research report on Wednesday, February 18th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Leidos in a research note on Monday, December 29th. Nine investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $214.18.

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.