Analysts Set Leidos Holdings, Inc. (NYSE:LDOS) Target Price at $163.80

Shares of Leidos Holdings, Inc. (NYSE:LDOS) have been assigned a consensus recommendation of “Hold” from the seventeen analysts that are covering the company, Marketbeat reports. Ten research analysts have rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating on the company. The average 12 month price objective among analysts that have covered the stock in the last year is $163.80.

Several research firms recently commented on LDOS. Wells Fargo & Company set a $125.00 target price on Leidos in a report on Wednesday, June 17th. TD Cowen cut their target price on Leidos from $160.00 to $115.00 and set a “hold” rating on the stock in a research report on Tuesday, July 7th. JPMorgan Chase & Co. lowered their price target on Leidos from $210.00 to $160.00 and set an “overweight” rating for the company in a report on Monday, July 13th. The Goldman Sachs Group dropped their price target on shares of Leidos from $171.00 to $152.00 and set a “neutral” rating on the stock in a research note on Tuesday, July 14th. Finally, Bank of America reissued a “neutral” rating and set a $125.00 price objective (down from $200.00) on shares of Leidos in a report on Wednesday, June 17th.

Leidos Stock Up 1.8%

Shares of NYSE:LDOS opened at $112.31 on Thursday. 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 firm has a market capitalization of $14.13 billion, a PE ratio of 10.29, a price-to-earnings-growth ratio of 1.64 and a beta of 0.54. The firm’s 50-day moving average is $114.33 and its two-hundred day moving average is $149.63. Leidos 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, May 5th. The aerospace company reported $3.13 EPS for the quarter, beating the consensus estimate of $2.88 by $0.25. The company had revenue of $4.40 billion during the quarter, compared to analysts’ expectations of $4.28 billion. Leidos had a net margin of 8.15% and a return on equity of 31.92%. The firm’s revenue was up 3.7% compared to the same quarter last year. During the same quarter last year, the company posted $2.97 EPS. Leidos has set its FY 2026 guidance at 12.100-12.500 EPS. Analysts predict that Leidos will post 12.3 EPS for the current year.

Leidos Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th were paid a $0.43 dividend. The ex-dividend date was Monday, June 15th. This represents a $1.72 dividend on an annualized basis and a yield of 1.5%. Leidos’s payout ratio is currently 15.75%.

Insider Buying and Selling

In other news, Director Gary Stephen May sold 1,484 shares of the company’s stock in a transaction dated Thursday, May 7th. The shares were 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. This represents a 12.77% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.77% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Leidos

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

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.