Leidos Holdings, Inc. $LDOS Shares Purchased by Erste Asset Management GmbH

Erste Asset Management GmbH increased its stake in shares of Leidos Holdings, Inc. (NYSE:LDOS) by 374.4% in the 4th quarter, HoldingsChannel reports. The firm owned 15,649 shares of the aerospace company’s stock after purchasing an additional 12,350 shares during the period. Erste Asset Management GmbH’s holdings in Leidos were worth $2,900,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of LDOS. Focus Partners Wealth grew its stake in Leidos by 46.5% during the 1st quarter. Focus Partners Wealth now owns 3,073 shares of the aerospace company’s stock worth $415,000 after purchasing an additional 976 shares in the last quarter. Marshall Wace LLP grew its stake in Leidos by 86.3% during the 2nd quarter. Marshall Wace LLP now owns 14,250 shares of the aerospace company’s stock worth $2,248,000 after purchasing an additional 6,600 shares in the last quarter. Cresset Asset Management LLC grew its stake in Leidos by 2.7% during the 2nd quarter. Cresset Asset Management LLC now owns 3,399 shares of the aerospace company’s stock worth $536,000 after purchasing an additional 90 shares in the last quarter. Cerity Partners LLC grew its stake in Leidos by 20.2% during the 2nd quarter. Cerity Partners LLC now owns 41,405 shares of the aerospace company’s stock worth $6,532,000 after purchasing an additional 6,962 shares in the last quarter. Finally, Natixis grew its stake in Leidos by 222.3% during the 2nd quarter. Natixis now owns 8,155 shares of the aerospace company’s stock worth $1,287,000 after purchasing an additional 5,625 shares in the last quarter. 76.12% of the stock is owned by institutional investors and hedge funds.

Leidos Stock Up 0.4%

Shares of NYSE LDOS opened at $123.30 on Wednesday. The company has a market capitalization of $15.51 billion, a price-to-earnings ratio of 11.29, a price-to-earnings-growth ratio of 1.56 and a beta of 0.50. 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 has a 50-day moving average of $139.95 and a two-hundred day moving average of $167.53. Leidos Holdings, Inc. has a 1 year low of $121.20 and a 1 year high of $205.77.

Leidos (NYSE:LDOS) last posted its earnings results on Tuesday, May 5th. The aerospace company reported $3.13 earnings per share for the quarter, beating the consensus estimate of $2.88 by $0.25. Leidos had a return on equity of 31.92% and a net margin of 8.15%.The business had revenue of $4.40 billion during the quarter, compared to the consensus estimate of $4.28 billion. During the same period in the previous year, the business earned $2.97 EPS. The business’s quarterly revenue was up 3.7% on a year-over-year basis. Leidos has set its FY 2026 guidance at 12.100-12.500 EPS. On average, analysts forecast that Leidos Holdings, Inc. will post 12.25 earnings per share for the current fiscal year.

Leidos Dividend Announcement

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 issued a $0.43 dividend. This represents a $1.72 annualized dividend and a dividend yield of 1.4%. The ex-dividend date of this dividend is Monday, June 15th. Leidos’s payout ratio is presently 15.75%.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the company. Argus raised Leidos to a “strong-buy” rating in a research note on Tuesday, March 31st. Truist Financial decreased their price target on Leidos from $220.00 to $195.00 and set a “buy” rating for the company in a report on Monday, April 20th. Wells Fargo & Company assumed coverage on Leidos in a report on Wednesday, April 1st. They set an “equal weight” rating and a $165.00 price target for the company. Weiss Ratings downgraded Leidos from a “hold (c+)” rating to a “hold (c)” rating in a report on Monday. Finally, Royal Bank Of Canada decreased their price target on Leidos from $215.00 to $180.00 and set an “outperform” rating for the company in a report on Wednesday, May 6th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $187.50.

Insider Activity

In other news, Director Gary Stephen May sold 1,484 shares of the business’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 of the company’s stock, valued at approximately $1,345,686.75. The trade was a 12.77% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Elizabeth A. Porter sold 2,000 shares of the business’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 directly owned 49,476 shares of the company’s stock, valued at $7,855,799.28. The trade was a 3.89% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.77% of the stock is currently owned by insiders.

Leidos 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.