Freemont Management S.A. Takes $5.90 Million Position in Leidos Holdings, Inc. $LDOS

Freemont Management S.A. purchased a new stake in Leidos Holdings, Inc. (NYSE:LDOS) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 32,700 shares of the aerospace company’s stock, valued at approximately $5,899,000. Leidos comprises approximately 1.0% of Freemont Management S.A.’s portfolio, making the stock its 29th largest holding.

Other large investors also recently modified their holdings of the company. Allianz Asset Management GmbH raised its position in Leidos by 20.1% during the 3rd quarter. Allianz Asset Management GmbH now owns 339,972 shares of the aerospace company’s stock worth $64,241,000 after purchasing an additional 56,905 shares during the last quarter. LBP AM SA raised its position in Leidos by 43.8% during the 3rd quarter. LBP AM SA now owns 63,211 shares of the aerospace company’s stock worth $11,944,000 after purchasing an additional 19,268 shares during the last quarter. M&T Bank Corp raised its position in Leidos by 2,924.4% during the 4th quarter. M&T Bank Corp now owns 405,181 shares of the aerospace company’s stock worth $73,095,000 after purchasing an additional 391,784 shares during the last quarter. Hudson Bay Capital Management LP bought a new position in Leidos during the 3rd quarter worth $1,621,000. Finally, United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund raised its position in Leidos by 120.4% during the 3rd quarter. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund now owns 11,900 shares of the aerospace company’s stock worth $2,249,000 after purchasing an additional 6,500 shares during the last quarter. 76.12% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

LDOS has been the subject of several research analyst reports. Bank of America lowered their price objective on Leidos from $235.00 to $200.00 and set a “buy” rating for the company in a research report on Tuesday, April 21st. Weiss Ratings downgraded Leidos from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, May 6th. Royal Bank Of Canada dropped their price objective on Leidos from $215.00 to $180.00 and set an “outperform” rating on the stock in a research note on Wednesday, May 6th. Citigroup dropped their price objective on Leidos from $232.00 to $178.00 and set a “buy” rating on the stock in a research note on Thursday, May 7th. Finally, UBS Group set a $204.00 price objective on Leidos in a research note on Thursday, January 15th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $193.64.

Leidos Stock Down 3.2%

Shares of NYSE:LDOS opened at $124.24 on Thursday. The company has a market capitalization of $15.63 billion, a price-to-earnings ratio of 11.38, a P/E/G ratio of 1.63 and a beta of 0.56. 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 moving average is $156.35 and its 200-day moving average is $176.42. Leidos Holdings, Inc. has a 1 year low of $121.53 and a 1 year high of $205.77.

Leidos (NYSE:LDOS) last issued its earnings results on Tuesday, May 5th. The aerospace company reported $3.13 EPS for the quarter, beating the consensus estimate of $2.88 by $0.25. The company 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 firm’s revenue for the quarter was up 3.7% compared to the same quarter last year. During the same period last year, the business posted $2.97 EPS. Leidos has set its FY 2026 guidance at 12.100-12.500 EPS. Equities research analysts predict that Leidos Holdings, Inc. will post 12.25 earnings per share for the current year.

Leidos Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be paid a $0.43 dividend. The ex-dividend date is Monday, June 15th. This represents a $1.72 annualized dividend and a dividend yield of 1.4%. Leidos’s dividend payout ratio (DPR) is currently 15.75%.

Insider Activity

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 completion of the sale, the director directly owned 10,137 shares in the company, valued at $1,345,686.75. This trade represents a 12.77% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, insider Elizabeth A. Porter sold 2,000 shares of the firm’s stock in a transaction dated Tuesday, April 7th. The shares were sold at an average price of $158.78, for a total value of $317,560.00. Following the completion of the sale, the insider owned 49,476 shares of the company’s stock, valued at approximately $7,855,799.28. This represents a 3.89% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company 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.