KBC Group NV Buys 8,776 Shares of Leidos Holdings, Inc. $LDOS

KBC Group NV raised its stake in shares of Leidos Holdings, Inc. (NYSE:LDOS) by 8.2% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 116,241 shares of the aerospace company’s stock after purchasing an additional 8,776 shares during the period. KBC Group NV owned 0.09% of Leidos worth $18,078,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently made changes to their positions in the company. SEB Asset Management AB bought a new position in Leidos during the first quarter valued at approximately $4,268,000. Swiss National Bank increased its stake in Leidos by 6.7% in the 1st quarter. Swiss National Bank now owns 356,400 shares of the aerospace company’s stock worth $55,427,000 after acquiring an additional 22,400 shares during the last quarter. SteelPeak Wealth LLC raised its holdings in shares of Leidos by 9.4% during the 1st quarter. SteelPeak Wealth LLC now owns 26,263 shares of the aerospace company’s stock worth $4,084,000 after acquiring an additional 2,256 shares in the last quarter. Allspring Global Investments Holdings LLC raised its holdings in shares of Leidos by 0.5% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 486,990 shares of the aerospace company’s stock worth $75,975,000 after acquiring an additional 2,559 shares in the last quarter. Finally, Aware Super Pty Ltd as trustee of Aware Super bought a new position in shares of Leidos during the 1st quarter valued at approximately $28,445,000. 76.12% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other Leidos news, Director Gary Stephen May sold 1,484 shares of Leidos stock in a transaction on Thursday, May 7th. The stock was sold at an average price of $132.75, for a total transaction of $197,001.00. Following the completion of the sale, the director directly owned 10,137 shares of the company’s stock, valued at $1,345,686.75. The trade was a 12.77% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.77% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on LDOS. Argus upgraded shares of Leidos to a “strong-buy” rating in a research report on Tuesday, March 31st. Royal Bank Of Canada lowered their price objective on shares of Leidos from $215.00 to $180.00 and set an “outperform” rating for the company in a research report on Wednesday, May 6th. TD Cowen reduced their target price on shares of Leidos from $160.00 to $115.00 and set a “hold” rating on the stock in a report on Tuesday, July 7th. JPMorgan Chase & Co. decreased their target price on shares of Leidos from $210.00 to $160.00 and set an “overweight” rating on the stock in a research report on Monday, July 13th. Finally, Wells Fargo & Company set a $125.00 price target on shares of Leidos in a report on Wednesday, June 17th. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and ten have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Leidos presently has an average rating of “Hold” and an average target price of $163.80.

Leidos Stock Down 2.1%

Shares of LDOS opened at $104.77 on Wednesday. The firm has a fifty day moving average price of $115.21 and a 200-day moving average price of $150.93. The company has a current ratio of 1.40, a quick ratio of 1.29 and a debt-to-equity ratio of 1.19. The firm has a market capitalization of $13.18 billion, a P/E ratio of 9.59, a P/E/G ratio of 1.57 and a beta of 0.54. Leidos Holdings, Inc. has a 12-month low of $98.86 and a 12-month high of $205.77.

Leidos (NYSE:LDOS) last posted its quarterly earnings results on Tuesday, May 5th. The aerospace company reported $3.13 EPS for the quarter, topping the consensus estimate of $2.88 by $0.25. The company had revenue of $4.40 billion for the quarter, compared to the consensus estimate of $4.28 billion. Leidos had a net margin of 8.15% and a return on equity of 31.92%. The firm’s revenue was up 3.7% compared to the same quarter last year. During the same quarter last year, the firm posted $2.97 EPS. Leidos has set its FY 2026 guidance at 12.100-12.500 EPS. Equities research analysts expect that Leidos Holdings, Inc. will post 12.3 earnings per share 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 issued a dividend of $0.43 per share. This represents a $1.72 annualized dividend and a yield of 1.6%. The ex-dividend date was Monday, June 15th. Leidos’s dividend payout ratio (DPR) is presently 15.75%.

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.