Nykredit A S Buys Shares of 43,938 Leidos Holdings, Inc. $LDOS

Nykredit A S bought a new stake in shares of Leidos Holdings, Inc. (NYSE:LDOS) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 43,938 shares of the aerospace company’s stock, valued at approximately $4,524,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in LDOS. Diamant Asset Management Inc. raised its stake in Leidos by 16,475.4% during the first quarter. Diamant Asset Management Inc. now owns 4,156,784 shares of the aerospace company’s stock valued at $646,463,000 after buying an additional 4,131,706 shares during the last quarter. Goldman Sachs Group Inc. grew its stake in shares of Leidos by 1.6% in the fourth quarter. Goldman Sachs Group Inc. now owns 1,421,634 shares of the aerospace company’s stock worth $256,463,000 after acquiring an additional 22,013 shares during the last quarter. New Age Alpha Advisors LLC increased its holdings in shares of Leidos by 25,505.4% during the fourth quarter. New Age Alpha Advisors LLC now owns 42,505 shares of the aerospace company’s stock valued at $7,668,000 after acquiring an additional 42,339 shares in the last quarter. Norges Bank bought a new position in shares of Leidos during the fourth quarter valued at $318,839,000. Finally, Renaissance Technologies LLC purchased a new position in shares of Leidos in the 1st quarter worth about $20,225,000. Hedge funds and other institutional investors own 76.12% of the company’s stock.

Insider Buying and Selling

In related news, Director Noel Geer sold 10,000 shares of the firm’s stock in a transaction that occurred on Tuesday, August 11th. The shares were sold at an average price of $140.66, for a total value of $1,406,600.00. Following the sale, the director owned 34,274 shares in the company, valued at approximately $4,820,980.84. This trade represents a 22.59% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Gary May sold 1,000 shares of Leidos stock in a transaction that occurred on Tuesday, September 1st. The stock was sold at an average price of $140.85, for a total transaction of $140,850.00. Following the completion of the sale, the director directly owned 10,204 shares of the company’s stock, valued at approximately $1,437,233.40. This trade represents a 8.93% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.77% of the stock is owned by corporate insiders.

Leidos Price Performance

NYSE LDOS opened at $133.19 on Monday. Leidos Holdings, Inc. has a one year low of $98.86 and a one year high of $205.77. The stock has a 50-day moving average of $123.14 and a 200 day moving average of $137.53. The company has a debt-to-equity ratio of 1.13, a quick ratio of 1.60 and a current ratio of 1.63. The company has a market capitalization of $16.71 billion, a price-to-earnings ratio of 12.42, a PEG ratio of 1.48 and a beta of 0.56.

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

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

Leidos Announces Dividend

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

Wall Street Analyst Weigh In

LDOS has been the topic of several recent analyst reports. Weiss Ratings downgraded shares of Leidos from a “hold (c+)” rating to a “hold (c)” rating in a research report on Monday, June 8th. Wells Fargo & Company set a $165.00 target price on shares of Leidos in a research note on Monday, August 17th. Royal Bank Of Canada cut their price target on shares of Leidos from $180.00 to $170.00 and set an “outperform” rating on the stock in a report on Wednesday, August 5th. Bank of America reissued a “neutral” rating and set a $125.00 price target (down from $200.00) on shares of Leidos in a research report on Wednesday, June 17th. Finally, JPMorgan Chase & Co. decreased their price objective on shares of Leidos from $210.00 to $160.00 and set an “overweight” rating for the company in a report on Monday, July 13th. 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. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $162.93.

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.