Sei Investments Co. Purchases 37,600 Shares of Leidos Holdings, Inc. $LDOS

Sei Investments Co. lifted its position in shares of Leidos Holdings, Inc. (NYSE:LDOS) by 17.8% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 248,554 shares of the aerospace company’s stock after buying an additional 37,600 shares during the quarter. Sei Investments Co. owned about 0.20% of Leidos worth $38,655,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of LDOS. Diamant Asset Management Inc. grew 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 worth $646,463,000 after purchasing an additional 4,131,706 shares during the period. Goldman Sachs Group Inc. lifted its stake in Leidos by 1.6% in the fourth quarter. Goldman Sachs Group Inc. now owns 1,421,634 shares of the aerospace company’s stock valued at $256,463,000 after buying an additional 22,013 shares during the period. New Age Alpha Advisors LLC boosted its holdings in shares of Leidos by 25,505.4% during the 4th quarter. New Age Alpha Advisors LLC now owns 42,505 shares of the aerospace company’s stock worth $7,668,000 after buying an additional 42,339 shares in the last quarter. Norges Bank bought a new position in shares of Leidos during the 4th quarter worth approximately $318,839,000. Finally, National Pension Service grew its position in shares of Leidos by 275.0% during the 4th quarter. National Pension Service now owns 278,134 shares of the aerospace company’s stock worth $50,175,000 after buying an additional 203,958 shares during the period. Institutional investors own 76.12% of the company’s stock.

Leidos Stock Up 0.2%

Leidos stock opened at $112.31 on Monday. The firm has a market capitalization of $14.13 billion, a price-to-earnings ratio of 10.29, a price-to-earnings-growth ratio of 1.64 and a beta of 0.54. The firm’s fifty day moving average price is $114.33 and its two-hundred day moving average price is $149.31. Leidos Holdings, Inc. has a 1-year low of $98.86 and a 1-year high of $205.77. The company has a current ratio of 1.40, a quick ratio of 1.29 and a debt-to-equity ratio of 1.19.

Leidos (NYSE:LDOS) last posted its earnings results on Tuesday, May 5th. The aerospace company reported $3.13 EPS for the quarter, topping the consensus estimate of $2.88 by $0.25. Leidos had a net margin of 8.15% and a return on equity of 31.92%. The company 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 firm posted $2.97 earnings per share. The firm’s revenue for the quarter 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, equities research analysts predict that Leidos Holdings, Inc. will post 12.3 earnings per share for the current fiscal year.

Leidos Announces Dividend

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

Insider Activity at Leidos

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

Wall Street Analysts Forecast Growth

LDOS has been the topic of a number of research reports. Wells Fargo & Company set a $125.00 target price on shares of Leidos in a research report on Wednesday, June 17th. Royal Bank Of Canada decreased their price target on shares of Leidos from $215.00 to $180.00 and set an “outperform” rating for the company in a research note on Wednesday, May 6th. Stifel Nicolaus dropped their price objective on shares of Leidos from $205.00 to $193.00 and set a “hold” rating on the stock in a report on Wednesday, May 6th. BNP Paribas Exane began coverage on shares of Leidos in a research report on Wednesday, May 27th. They set an “outperform” rating and a $165.00 price objective on the stock. Finally, Citigroup reduced their target price on Leidos from $178.00 to $138.00 and set a “buy” rating for the company in a research note on Wednesday, July 1st. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and ten have assigned a Hold rating to the company’s stock. According to MarketBeat, Leidos currently has a consensus rating of “Hold” and a consensus price target of $163.80.

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.