KBC Group NV Increases Position in Leidos Holdings, Inc. $LDOS

KBC Group NV increased its stake in shares of Leidos Holdings, Inc. (NYSE:LDOS) by 8.2% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 116,241 shares of the aerospace company’s stock after purchasing an additional 8,776 shares during the quarter. KBC Group NV’s holdings in Leidos were worth $18,078,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Wedmont Private Capital raised its holdings in Leidos by 4.6% in the fourth quarter. Wedmont Private Capital now owns 1,171 shares of the aerospace company’s stock worth $230,000 after purchasing an additional 52 shares in the last quarter. MassMutual Private Wealth & Trust FSB grew its position in shares of Leidos by 14.2% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 492 shares of the aerospace company’s stock worth $89,000 after buying an additional 61 shares during the last quarter. Richardson Financial Services Inc. raised its stake in shares of Leidos by 13.4% during the 4th quarter. Richardson Financial Services Inc. now owns 517 shares of the aerospace company’s stock worth $93,000 after acquiring an additional 61 shares in the last quarter. Bryn Mawr Trust Advisors LLC raised its stake in shares of Leidos by 4.8% during the 4th quarter. Bryn Mawr Trust Advisors LLC now owns 1,337 shares of the aerospace company’s stock worth $241,000 after acquiring an additional 61 shares in the last quarter. Finally, Ritholtz Wealth Management lifted its position in Leidos by 0.3% during the fourth quarter. Ritholtz Wealth Management now owns 23,513 shares of the aerospace company’s stock valued at $4,242,000 after acquiring an additional 62 shares during the last quarter. Institutional investors own 76.12% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have issued reports on the stock. BNP Paribas Exane started coverage on shares of Leidos in a report on Wednesday, May 27th. They issued an “outperform” rating and a $165.00 price target on the stock. Jefferies Financial Group lowered their price objective on Leidos from $140.00 to $110.00 and set a “hold” rating for the company in a research report on Wednesday, July 1st. TD Cowen dropped their target price on Leidos from $160.00 to $115.00 and set a “hold” rating on the stock in a research note on Tuesday, July 7th. 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. Finally, Wells Fargo & Company set a $125.00 price target on Leidos in a report on Wednesday, June 17th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and ten have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Leidos presently has a consensus rating of “Hold” and an average target price of $163.80.

Insider Buying and Selling at Leidos

In related news, Director Gary Stephen May sold 1,484 shares of the firm’s stock in a transaction on Thursday, May 7th. The shares were sold at an average price of $132.75, for a total transaction of $197,001.00. Following the completion of the transaction, the director owned 10,137 shares of the company’s stock, valued at $1,345,686.75. This trade represents a 12.77% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.77% of the stock is owned by insiders.

Leidos Stock Down 2.1%

Shares of LDOS stock opened at $104.77 on Wednesday. Leidos Holdings, Inc. has a fifty-two week low of $98.86 and a fifty-two week high of $205.77. The firm has a market capitalization of $13.18 billion, a PE ratio of 9.59, a P/E/G ratio of 1.57 and a beta of 0.54. The company has a debt-to-equity ratio of 1.19, a quick ratio of 1.29 and a current ratio of 1.40. The stock’s 50-day simple moving average is $115.21 and its 200-day simple moving average is $150.93.

Leidos (NYSE:LDOS) last released its earnings results on Tuesday, May 5th. The aerospace company reported $3.13 EPS for the quarter, topping analysts’ consensus estimates of $2.88 by $0.25. Leidos had a return on equity of 31.92% and a net margin of 8.15%.The firm had revenue of $4.40 billion during the quarter, compared to the consensus estimate of $4.28 billion. During the same quarter in the previous year, the company posted $2.97 earnings per share. The company’s revenue was up 3.7% compared to the same quarter last year. Leidos has set its FY 2026 guidance at 12.100-12.500 EPS. Equities analysts expect that Leidos Holdings, Inc. will post 12.3 earnings per share for the current year.

Leidos Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th were issued a $0.43 dividend. This represents a $1.72 annualized dividend and a dividend yield of 1.6%. The ex-dividend date of this dividend was Monday, June 15th. Leidos’s dividend payout ratio is 15.75%.

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.