Leidos Holdings, Inc. $LDOS Shares Acquired by Community Bank N.A.

Community Bank N.A. increased its position in shares of Leidos Holdings, Inc. (NYSE:LDOS) by 100.1% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 10,805 shares of the aerospace company’s stock after acquiring an additional 5,405 shares during the quarter. Community Bank N.A.’s holdings in Leidos were worth $1,113,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. California State Teachers Retirement System raised its stake in Leidos by 10,281.2% during the second quarter. California State Teachers Retirement System now owns 20,029,621 shares of the aerospace company’s stock worth $2,062,450,000 after purchasing an additional 19,836,680 shares during the period. BlackRock Inc. purchased a new stake in shares of Leidos in the 2nd quarter valued at approximately $1,024,436,000. Diamant Asset Management Inc. increased its holdings in shares of Leidos by 16,475.4% during the 1st quarter. Diamant Asset Management Inc. now owns 4,156,784 shares of the aerospace company’s stock worth $646,463,000 after buying an additional 4,131,706 shares during the last quarter. Norges Bank acquired a new stake in shares of Leidos during the 4th quarter worth approximately $318,839,000. Finally, SG Americas Securities LLC raised its position in shares of Leidos by 998.6% during the 1st quarter. SG Americas Securities LLC now owns 1,097,724 shares of the aerospace company’s stock valued at $170,718,000 after buying an additional 997,807 shares during the period. Hedge funds and other institutional investors own 76.12% of the company’s stock.

Insider Buying and Selling

In other Leidos news, Director Noel B. Geer sold 10,000 shares of the business’s stock in a transaction 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 completion of the transaction, the director owned 34,274 shares in the company, valued at $4,820,980.84. The trade was a 22.59% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director Gary May sold 1,000 shares of the company’s stock in a transaction on Tuesday, September 1st. The stock was sold at an average price of $140.85, for a total value of $140,850.00. Following the sale, the director directly owned 10,204 shares in the company, valued at $1,437,233.40. This represents a 8.93% decrease in their position. The SEC filing for this sale provides additional information. 0.77% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

LDOS has been the topic of a number of recent analyst reports. UBS Group upped their price objective on Leidos from $124.00 to $138.00 and gave the company a “neutral” rating in a report on Wednesday, August 5th. Citigroup raised their target price on Leidos from $138.00 to $161.00 and gave the stock a “buy” rating in a research note on Tuesday, August 11th. JPMorgan Chase & Co. reduced their target price on Leidos from $210.00 to $160.00 and set an “overweight” rating on the stock in a research report on Monday, July 13th. TD Cowen reiterated a “hold” rating and set a $135.00 price target on shares of Leidos in a report on Tuesday. Finally, Wells Fargo & Company set a $165.00 price objective on Leidos in a research report on Monday, August 17th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and ten have given a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $162.93.

Leidos Stock Performance

NYSE LDOS opened at $129.41 on Wednesday. The company has a market cap of $16.24 billion, a P/E ratio of 12.07, a P/E/G ratio of 1.48 and a beta of 0.56. The company has a debt-to-equity ratio of 1.13, a current ratio of 1.63 and a quick ratio of 1.60. The stock has a 50-day moving average of $124.32 and a two-hundred day moving average of $137.03. Leidos Holdings, Inc. has a 1-year low of $98.86 and a 1-year high of $205.77.

Leidos (NYSE:LDOS) last issued its quarterly earnings results on Tuesday, August 4th. The aerospace company reported $3.26 earnings per share (EPS) for the quarter, topping 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 for the quarter, compared to analyst estimates of $4.44 billion. During the same period in the prior year, the firm earned $3.21 earnings per share. The business’s revenue for the quarter was up 7.2% compared to the same quarter last year. Leidos has set its FY 2026 guidance at 12.200-12.500 EPS. As a group, analysts anticipate that Leidos Holdings, Inc. will post 12.38 EPS for the current year.

Leidos declared that its board has approved a stock buyback program on Friday, July 31st that authorizes the company to buyback 20,000,000 shares. This buyback authorization authorizes the aerospace company to repurchase shares of its stock through open market purchases. Shares buyback programs are generally a sign that the company’s board of directors believes its stock is undervalued.

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 paid a dividend of $0.43 per share. This represents a $1.72 annualized dividend and a yield of 1.3%. The ex-dividend date of this dividend is Tuesday, September 15th. Leidos’s dividend payout ratio is presently 16.04%.

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.