Leidos Holdings, Inc. $LDOS Shares Acquired by Hsbc Holdings PLC

Hsbc Holdings PLC boosted its position in Leidos Holdings, Inc. (NYSE:LDOS) by 47.5% during the 2nd quarter, HoldingsChannel reports. The firm owned 415,545 shares of the aerospace company’s stock after buying an additional 133,836 shares during the quarter. Hsbc Holdings PLC’s holdings in Leidos were worth $42,411,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of LDOS. Longview Financial Advisors Inc. acquired a new position in shares of Leidos during the first quarter worth approximately $26,000. Hantz Financial Services Inc. raised its stake in Leidos by 94.7% during the 4th quarter. Hantz Financial Services Inc. now owns 148 shares of the aerospace company’s stock valued at $27,000 after acquiring an additional 72 shares in the last quarter. Hilton Head Capital Partners LLC acquired a new position in Leidos during the 4th quarter worth $28,000. Kelleher Financial Advisors bought a new position in shares of Leidos in the second quarter worth $28,000. Finally, Wexford Capital LP bought a new position in shares of Leidos in the third quarter worth $32,000. Institutional investors own 76.12% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently weighed in on LDOS. Wells Fargo & Company set a $165.00 price objective on shares of Leidos in a report on Monday, August 17th. Truist Financial reduced their price target on shares of Leidos from $195.00 to $160.00 and set a “buy” rating for the company in a research note on Friday, July 10th. JPMorgan Chase & Co. lowered their price objective on shares of Leidos from $210.00 to $160.00 and set an “overweight” rating on the stock in a research note on Monday, July 13th. UBS Group boosted their target price on Leidos from $124.00 to $138.00 and gave the stock a “neutral” rating in a report on Wednesday, August 5th. Finally, The Goldman Sachs Group cut their target price on Leidos from $152.00 to $132.00 and set a “neutral” rating for the company in a research report on Wednesday, August 12th. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and ten have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Leidos presently has an average rating of “Hold” and an average price target of $162.93.

Leidos Price Performance

Shares of Leidos stock opened at $137.47 on Thursday. The company has a current ratio of 1.63, a quick ratio of 1.60 and a debt-to-equity ratio of 1.13. The company’s 50-day moving average price is $118.57 and its two-hundred day moving average price is $139.79. Leidos Holdings, Inc. has a 52 week low of $98.86 and a 52 week high of $205.77. The stock has a market cap of $17.25 billion, a PE ratio of 12.82, a price-to-earnings-growth ratio of 1.96 and a beta of 0.52.

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

Leidos Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be issued a dividend of $0.43 per share. This represents a $1.72 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date is Tuesday, September 15th. Leidos’s dividend payout ratio (DPR) is presently 16.04%.

Leidos declared that its Board of Directors has initiated a share buyback program on Friday, July 31st that authorizes the company to repurchase 20,000,000 outstanding shares. This repurchase authorization authorizes the aerospace company to repurchase shares of its stock through open market purchases. Stock repurchase programs are often a sign that the company’s leadership believes its stock is undervalued.

Insider Transactions at Leidos

In other Leidos news, Director Noel B. Geer sold 10,000 shares of the company’s 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 transaction, the director owned 34,274 shares of the company’s stock, valued at approximately $4,820,980.84. This represents a 22.59% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 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.