14,339 Leidos Holdings, Inc. $LDOS Shares Purchased by Pzena Investment Management LLC

Pzena Investment Management LLC grew its stake in shares of Leidos Holdings, Inc. (NYSE:LDOS) by 5.8% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 262,188 shares of the aerospace company’s stock after acquiring an additional 14,339 shares during the period. Pzena Investment Management LLC owned 0.21% of Leidos worth $31,942,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in LDOS. Kelleher Financial Advisors bought a new stake in shares of Leidos in the 2nd quarter valued at approximately $28,000. N.E.W. Advisory Services LLC bought a new position in Leidos during the second quarter valued at approximately $41,000. Western Wealth Management LLC bought a new position in Leidos during the first quarter valued at approximately $42,000. Cedar Mountain Advisors LLC lifted its stake in Leidos by 5,620.0% in the first quarter. Cedar Mountain Advisors LLC now owns 286 shares of the aerospace company’s stock valued at $44,000 after acquiring an additional 281 shares during the last quarter. Finally, Fortitude Family Office LLC lifted its stake in Leidos by 273.7% in the third quarter. Fortitude Family Office LLC now owns 370 shares of the aerospace company’s stock valued at $45,000 after acquiring an additional 271 shares during the last quarter. 76.12% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, Director Noel Geer sold 10,000 shares of Leidos stock in a transaction that occurred on Tuesday, August 11th. The stock was sold at an average price of $140.66, for a total transaction of $1,406,600.00. Following 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Gary May sold 1,000 shares of the business’s stock in a transaction that occurred on Tuesday, September 1st. The shares were sold at an average price of $140.85, for a total value of $140,850.00. Following the sale, the director owned 10,204 shares in the company, valued at approximately $1,437,233.40. This represents a 8.93% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.77% of the stock is currently owned by company insiders.

Leidos Price Performance

Shares of Leidos stock opened at $135.85 on Thursday. The company has a debt-to-equity ratio of 1.15, a current ratio of 1.60 and a quick ratio of 1.60. The company has a market cap of $17.05 billion, a PE ratio of 10.55, a price-to-earnings-growth ratio of 1.48 and a beta of 0.55. The firm has a fifty day moving average price of $129.31 and a two-hundred day moving average price of $140.77. Leidos Holdings, Inc. has a fifty-two week low of $98.86 and a fifty-two week high of $205.00.

Leidos (NYSE:LDOS) last posted its quarterly earnings data on Tuesday, November 3rd. The aerospace company reported $3.62 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.04 by $0.58. Leidos had a net margin of 7.97% and a return on equity of 31.48%. The company had revenue of $4.63 billion for the quarter, compared to the consensus estimate of $4.71 billion. During the same quarter in the previous year, the firm posted $3.05 EPS. The business’s revenue was up 3.6% compared to the same quarter last year. Analysts expect that Leidos Holdings, Inc. will post 12.50 EPS for the current year.

Leidos announced that its board has authorized a share buyback plan on Friday, July 31st that allows the company to buy back 20,000,000 outstanding shares. This repurchase authorization allows the aerospace company to reacquire shares of its stock through open market purchases. Share repurchase plans are typically an indication that the company’s leadership believes its shares are undervalued.

Leidos Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 31st. Shareholders of record on Tuesday, December 15th will be given a $0.45 dividend. The ex-dividend date is Tuesday, December 15th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 1.3%. This is an increase from Leidos’s previous quarterly dividend of $0.43. Leidos’s dividend payout ratio is 16.04%.

Wall Street Analyst Weigh In

Several research analysts have recently commented on LDOS shares. Weiss Ratings upgraded shares of Leidos from a “hold (c)” rating to a “hold (c+)” rating in a research note on Thursday, October 22nd. Royal Bank Of Canada reduced their price target on Leidos from $180.00 to $170.00 and set an “outperform” rating for the company in a research report on Wednesday, August 5th. Jefferies Financial Group decreased their target price on Leidos from $145.00 to $130.00 and set a “hold” rating for the company in a research report on Tuesday, October 6th. Citigroup dropped their target price on shares of Leidos from $161.00 to $141.00 and set a “buy” rating on the stock in a report on Wednesday, October 7th. Finally, TD Cowen cut their price objective on Leidos from $135.00 to $130.00 and set a “hold” rating for the company in a research report on Tuesday, October 6th. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and ten have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $151.50.

Key Stories Impacting Leidos

Here are the key news stories impacting Leidos this week:

• Positive Sentiment: Leidos reported adjusted Q3 earnings of $3.62 per share, beating the $3.04 consensus, while revenue rose about 4% year over year to $4.63 billion. The company raised its full-year EPS and cash-flow outlook, supporting the case for stronger profitability. Leidos’ Q3 Earnings Beat Estimates, Revenues Miss, ’26 EPS View Raised
• Positive Sentiment: BNP Paribas raised its price target to $170 from $150, providing a more optimistic analyst valuation signal. BNP Paribas Adjusts Price Target on Leidos to $170 From $150
• Neutral Sentiment: The company introduced HeadWay Dispatch, a platform for governing AI agents while keeping people involved in key decisions. It may create new opportunities, though the announcement did not specify expected financial contributions. Leidos introduces HeadWay Dispatch for AI agent oversight
• Negative Sentiment: Q3 revenue came in below analysts’ $4.71 billion estimate, and Leidos cut its sales outlook despite raising EPS guidance. RBC also flagged uncertainty in the Health segment as a drag on investor sentiment, tempering the earnings beat. Leidos’ Health Segment Uncertainty Weighing on Sentiment, RBC Says

About Leidos

Leidos Holdings, Inc (NYSE: LDOS) is a technology, engineering and science company that provides services and solutions to government and commercial customers. Its work supports defense, intelligence, civil government, health and transportation missions, with offerings that include information technology modernization, systems integration, cybersecurity, data analytics, artificial intelligence, engineering and mission operations.

The company also provides health technology and scientific services, transportation management systems, aviation and security solutions, and support for complex government programs.