Leidos Holdings, Inc. (NYSE:LDOS) Receives $162.93 Consensus PT from Analysts

Shares of Leidos Holdings, Inc. (NYSE:LDOS) have been given a consensus recommendation of “Hold” by the seventeen brokerages that are currently covering the stock, Marketbeat reports. Ten analysts have rated the stock with a hold recommendation, six have given a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month price objective among brokers that have updated their coverage on the stock in the last year is $162.9333.

Several research analysts have commented on LDOS shares. Bank of America reiterated a “neutral” rating and set a $125.00 price target (down from $200.00) on shares of Leidos in a report on Wednesday, June 17th. The Goldman Sachs Group decreased their price objective on shares of Leidos from $152.00 to $132.00 and set a “neutral” rating for the company in a research report on Wednesday, August 12th. UBS Group boosted their target price on shares of Leidos from $124.00 to $138.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 5th. Royal Bank Of Canada dropped their target price on Leidos from $180.00 to $170.00 and set an “outperform” rating on the stock in a report on Wednesday, August 5th. Finally, BNP Paribas Exane raised their price target on Leidos from $165.00 to $175.00 and gave the company an “outperform” rating in a research note on Wednesday, August 5th.

Insider Buying and Selling

In related news, Director Gary May sold 1,000 shares of the company’s stock in a transaction that occurred 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 completion of the transaction, the director directly owned 10,204 shares of the company’s stock, valued at $1,437,233.40. This represents a 8.93% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Noel Geer sold 10,000 shares of the stock in a transaction that occurred on Tuesday, August 11th. The shares were sold at an average price of $140.66, for a total transaction 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. This represents a 22.59% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate insiders own 0.77% of the company’s stock.

Institutional Investors Weigh In On Leidos

Several hedge funds and other institutional investors have recently bought and sold shares of LDOS. California State Teachers Retirement System grew its holdings in shares of 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 last quarter. BlackRock Inc. purchased a new stake in shares of Leidos in the 2nd quarter valued at about $1,024,436,000. State Street Corp boosted its position in shares of Leidos by 3.7% in the 4th quarter. State Street Corp now owns 6,022,359 shares of the aerospace company’s stock valued at $1,086,434,000 after purchasing an additional 217,141 shares during the period. Diamant Asset Management Inc. boosted its position in shares of Leidos by 16,475.4% in the 1st quarter. Diamant Asset Management Inc. now owns 4,156,784 shares of the aerospace company’s stock valued at $646,463,000 after purchasing an additional 4,131,706 shares during the period. Finally, Geode Capital Management LLC grew its stake in Leidos by 1.9% during the 4th quarter. Geode Capital Management LLC now owns 3,538,488 shares of the aerospace company’s stock worth $636,097,000 after buying an additional 64,909 shares during the last quarter. 76.12% of the stock is currently owned by institutional investors and hedge funds.

Leidos Trading Up 0.0%

Shares of LDOS stock opened at $128.92 on Friday. The company has a current ratio of 1.63, a quick ratio of 1.60 and a debt-to-equity ratio of 1.13. Leidos has a twelve month low of $98.86 and a twelve month high of $205.77. The company’s 50-day moving average price is $125.65 and its 200-day moving average price is $136.08. The stock has a market cap of $16.18 billion, a price-to-earnings ratio of 12.03, a PEG ratio of 1.44 and a beta of 0.56.

Leidos (NYSE:LDOS) last released its quarterly earnings data on Tuesday, August 4th. The aerospace company reported $3.26 EPS for the quarter, beating analysts’ consensus estimates of $2.91 by $0.35. The firm had revenue of $4.56 billion for the quarter, compared to analysts’ expectations of $4.44 billion. Leidos had a return on equity of 30.81% and a net margin of 7.80%.The firm’s quarterly revenue was up 7.2% on a year-over-year basis. During the same period in the prior year, the firm posted $3.21 earnings per share. Leidos has set its FY 2026 guidance at 12.200-12.500 EPS. As a group, equities analysts predict that Leidos will post 12.28 earnings per share for the current year.

Leidos Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be given a dividend of $0.43 per share. This represents a $1.72 annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend is Tuesday, September 15th. Leidos’s dividend payout ratio (DPR) is 16.04%.

Leidos announced that its Board of Directors has authorized a stock repurchase program on Friday, July 31st that allows the company to buyback 20,000,000 outstanding shares. This buyback authorization allows the aerospace company to reacquire shares of its stock through open market purchases. Shares buyback programs are generally a sign that the company’s board believes its shares are undervalued.

Leidos Company Profile

Leidos Holdings, Inc (NYSE: LDOS) is a technology, engineering and services company that supports government and commercial customers in the defense, intelligence, civil and health markets. The company provides mission-critical solutions involving information technology, cybersecurity, data analytics, artificial intelligence, systems integration, engineering and scientific research.

Its defense and intelligence activities include command-and-control systems, mission software, surveillance and reconnaissance solutions, logistics, aircraft and weapons systems support, and national security services.