UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Grows Position in Leidos Holdings, Inc. $LDOS

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in shares of Leidos Holdings, Inc. (NYSE:LDOS) by 16.8% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,004,347 shares of the aerospace company’s stock after purchasing an additional 144,716 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in Leidos were worth $103,418,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. New Mexico Educational Retirement Board lifted its position in Leidos by 5.0% during the second quarter. New Mexico Educational Retirement Board now owns 6,300 shares of the aerospace company’s stock valued at $649,000 after buying an additional 300 shares during the period. Royal London Asset Management Ltd. grew its position in shares of Leidos by 93.1% in the 2nd quarter. Royal London Asset Management Ltd. now owns 11,365 shares of the aerospace company’s stock worth $1,170,000 after buying an additional 5,478 shares during the period. Mufg Securities Americas Inc. grew its position in shares of Leidos by 7.1% in the 2nd quarter. Mufg Securities Americas Inc. now owns 3,789 shares of the aerospace company’s stock worth $390,000 after buying an additional 251 shares during the period. Nissay Asset Management Corp Japan increased its stake in shares of Leidos by 3.6% in the 2nd quarter. Nissay Asset Management Corp Japan now owns 16,307 shares of the aerospace company’s stock worth $1,679,000 after acquiring an additional 561 shares in the last quarter. Finally, Hsbc Holdings PLC increased its stake in shares of Leidos by 47.5% in the 2nd quarter. Hsbc Holdings PLC now owns 415,545 shares of the aerospace company’s stock worth $42,411,000 after acquiring an additional 133,836 shares in the last quarter. 76.12% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

LDOS has been the topic of several research reports. 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, July 16th. TD Cowen lifted their target price on shares of Leidos from $115.00 to $135.00 and gave the company a “hold” rating in a report on Friday, August 7th. Jefferies Financial Group reissued a “hold” rating and issued a $145.00 price target on shares of Leidos in a research report on Sunday, August 9th. Finally, Stifel Nicolaus reduced their price objective on Leidos from $205.00 to $193.00 and set a “hold” rating for the company in a research report on Wednesday, May 6th. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and ten have assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $162.93.

Insider Buying and Selling

In other Leidos news, Director Noel B. Geer sold 10,000 shares of Leidos stock in a transaction on Tuesday, August 11th. The stock was sold at an average price of $140.66, for a total value of $1,406,600.00. Following the completion of the sale, the director owned 34,274 shares of the company’s stock, valued at approximately $4,820,980.84. This trade represents a 22.59% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.77% of the company’s stock.

Leidos Stock Performance

Shares of LDOS stock opened at $138.86 on Wednesday. The company has a market capitalization of $17.43 billion, a price-to-earnings ratio of 12.95, a price-to-earnings-growth ratio of 2.04 and a beta of 0.56. The company has a debt-to-equity ratio of 1.13, a quick ratio of 1.60 and a current ratio of 1.63. Leidos Holdings, Inc. has a one year low of $98.86 and a one year high of $205.77. The company’s 50-day moving average is $121.27 and its 200 day moving average is $138.41.

Leidos (NYSE:LDOS) last issued its earnings results on Tuesday, August 4th. The aerospace company reported $3.26 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.91 by $0.35. The business had revenue of $4.56 billion during the quarter, compared to analysts’ expectations of $4.44 billion. Leidos had a net margin of 7.80% and a return on equity of 30.81%. The business’s revenue for the quarter was up 7.2% compared to the same quarter last year. During the same period in the previous year, the company earned $3.21 earnings per share. Leidos has set its FY 2026 guidance at 12.200-12.500 EPS. Sell-side analysts expect that Leidos Holdings, Inc. will post 12.38 EPS for the current fiscal year.

Leidos Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be paid a dividend of $0.43 per share. This represents a $1.72 annualized dividend and a yield of 1.2%. The ex-dividend date is Tuesday, September 15th. Leidos’s dividend payout ratio (DPR) is currently 16.04%.

Leidos declared that its Board of Directors has authorized a share buyback plan on Friday, July 31st that authorizes the company to buyback 20,000,000 outstanding shares. This buyback authorization authorizes the aerospace company to buy shares of its stock through open market purchases. Stock buyback plans are usually an indication that the company’s leadership believes its shares are undervalued.

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.