Leidos Holdings, Inc. $LDOS Stock Holdings Lessened by World Investment Advisors

World Investment Advisors lessened its stake in Leidos Holdings, Inc. (NYSE:LDOS) by 66.5% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 2,374 shares of the aerospace company’s stock after selling 4,716 shares during the quarter. World Investment Advisors’ holdings in Leidos were worth $369,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Diamant Asset Management Inc. increased its position 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 during the last quarter. Goldman Sachs Group Inc. lifted its holdings in shares of Leidos by 1.6% during the 4th quarter. Goldman Sachs Group Inc. now owns 1,421,634 shares of the aerospace company’s stock valued at $256,463,000 after buying an additional 22,013 shares during the last quarter. New Age Alpha Advisors LLC lifted its holdings in shares of Leidos by 25,505.4% during the 4th quarter. New Age Alpha Advisors LLC now owns 42,505 shares of the aerospace company’s stock valued at $7,668,000 after buying an additional 42,339 shares during the last quarter. Norges Bank bought a new stake in shares of Leidos in the 4th quarter valued at approximately $318,839,000. Finally, National Pension Service grew its stake in shares of Leidos by 275.0% in the 4th quarter. National Pension Service now owns 278,134 shares of the aerospace company’s stock valued at $50,175,000 after buying an additional 203,958 shares in the last quarter. Hedge funds and other institutional investors own 76.12% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts recently weighed in on the stock. TD Cowen cut 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. Citigroup decreased their target price on shares of Leidos from $178.00 to $138.00 and set a “buy” rating for the company in a research report on Wednesday, July 1st. Bank of America restated 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. Weiss Ratings downgraded shares of Leidos from a “hold (c+)” rating to a “hold (c)” rating in a report on Monday, June 8th. Finally, Wells Fargo & Company set a $125.00 price objective on shares of Leidos in a research note on Wednesday, June 17th. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and nine have given a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $165.00.

Leidos Stock Performance

LDOS stock traded up $0.19 during midday trading on Friday, hitting $106.81. 1,067,987 shares of the company traded hands, compared to its average volume of 1,991,468. Leidos Holdings, Inc. has a twelve month low of $98.86 and a twelve month high of $205.77. The stock has a market capitalization of $13.44 billion, a price-to-earnings ratio of 9.78, a price-to-earnings-growth ratio of 1.57 and a beta of 0.54. The company has a quick ratio of 1.29, a current ratio of 1.40 and a debt-to-equity ratio of 1.19. The business has a 50 day simple moving average of $119.01 and a 200-day simple moving average of $155.00.

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, topping analysts’ consensus estimates of $2.88 by $0.25. The business had revenue of $4.40 billion during the quarter, compared to analysts’ expectations of $4.28 billion. Leidos had a net margin of 8.15% and a return on equity of 31.92%. Leidos’s revenue for the quarter was up 3.7% on a year-over-year basis. During the same period in the previous year, the company earned $2.97 earnings per share. Leidos has set its FY 2026 guidance at 12.100-12.500 EPS. As a group, equities research analysts predict that Leidos Holdings, Inc. will post 12.27 earnings per share for the current year.

Leidos Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th were issued a dividend of $0.43 per share. This represents a $1.72 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date was Monday, June 15th. Leidos’s dividend payout ratio is 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 stock was sold at an average price of $132.75, for a total value of $197,001.00. Following the sale, the director directly owned 10,137 shares of the company’s stock, valued at approximately $1,345,686.75. This trade represents a 12.77% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.77% of the stock is owned by company insiders.

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.