6,671 Shares in Leidos Holdings, Inc. $LDOS Purchased by Cvfg LLC

Cvfg LLC bought a new position in Leidos Holdings, Inc. (NYSE:LDOS) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 6,671 shares of the aerospace company’s stock, valued at approximately $1,038,000.

Other hedge funds have also added to or reduced their stakes in the company. State Street Corp lifted its holdings in shares of Leidos by 3.7% in the fourth quarter. State Street Corp now owns 6,022,359 shares of the aerospace company’s stock worth $1,086,434,000 after buying an additional 217,141 shares in the last quarter. Diamant Asset Management Inc. lifted its stake in Leidos by 16,475.4% in the 1st quarter. Diamant Asset Management Inc. now owns 4,156,784 shares of the aerospace company’s stock worth $646,463,000 after purchasing an additional 4,131,706 shares in the last quarter. Geode Capital Management LLC boosted its holdings in Leidos by 1.9% in the 4th quarter. Geode Capital Management LLC now owns 3,538,488 shares of the aerospace company’s stock valued at $636,097,000 after purchasing an additional 64,909 shares during the period. Alliancebernstein L.P. boosted its holdings in Leidos by 26.0% in the 3rd quarter. Alliancebernstein L.P. now owns 1,926,646 shares of the aerospace company’s stock valued at $364,059,000 after purchasing an additional 397,385 shares during the period. Finally, Norges Bank purchased a new position in shares of Leidos during the 4th quarter valued at $318,839,000. Hedge funds and other institutional investors own 76.12% of the company’s stock.

Insider Activity at Leidos

In other news, Director Gary Stephen May sold 1,484 shares of the company’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 completion of the transaction, the director directly owned 10,137 shares of the company’s stock, valued at approximately $1,345,686.75. This represents a 12.77% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Company insiders own 0.77% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently commented on LDOS shares. Weiss Ratings cut Leidos from a “hold (c+)” rating to a “hold (c)” rating in a research report on Monday, June 8th. Bank of America reaffirmed a “neutral” rating and issued a $125.00 target price (down from $200.00) on shares of Leidos in a research note on Wednesday, June 17th. Wells Fargo & Company set a $125.00 price objective on shares of Leidos in a report on Wednesday, June 17th. Wall Street Zen downgraded shares of Leidos from a “buy” rating to a “hold” rating in a research note on Wednesday. Finally, BNP Paribas Exane began coverage on shares of Leidos in a research report on Wednesday, May 27th. They issued an “outperform” rating and a $165.00 target price on the stock. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat, Leidos currently has an average rating of “Hold” and a consensus price target of $167.69.

Leidos Price Performance

Shares of Leidos stock opened at $107.11 on Thursday. The company has a debt-to-equity ratio of 1.19, a current ratio of 1.40 and a quick ratio of 1.29. The business’s 50 day simple moving average is $120.58 and its two-hundred day simple moving average is $155.88. The stock has a market capitalization of $13.47 billion, a P/E ratio of 9.81, a price-to-earnings-growth ratio of 1.60 and a beta of 0.54. Leidos Holdings, Inc. has a one year low of $98.86 and a one year high of $205.77.

Leidos (NYSE:LDOS) last announced its quarterly earnings data on Tuesday, May 5th. The aerospace company reported $3.13 earnings per share for the quarter, beating the consensus estimate of $2.88 by $0.25. The firm had revenue of $4.40 billion during 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 business’s revenue was up 3.7% on a year-over-year basis. During the same quarter in the previous year, the company posted $2.97 earnings per share. Leidos has set its FY 2026 guidance at 12.100-12.500 EPS. Analysts forecast that Leidos Holdings, Inc. will post 12.26 EPS for the current year.

Leidos Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th were given a $0.43 dividend. The ex-dividend date was Monday, June 15th. This represents a $1.72 dividend on an annualized basis and a dividend yield of 1.6%. Leidos’s payout ratio is presently 15.75%.

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.