Board of the Pension Protection Fund Sells 8,700 Shares of Leidos Holdings, Inc. $LDOS

Board of the Pension Protection Fund lessened its position in Leidos Holdings, Inc. (NYSE:LDOS) by 89.7% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,000 shares of the aerospace company’s stock after selling 8,700 shares during the period. Board of the Pension Protection Fund’s holdings in Leidos were worth $180,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in LDOS. Harbor Capital Advisors Inc. increased its holdings in shares of Leidos by 2.7% during the third quarter. Harbor Capital Advisors Inc. now owns 2,203 shares of the aerospace company’s stock worth $416,000 after buying an additional 57 shares in the last quarter. 44 Wealth Management LLC boosted its holdings in shares of Leidos by 1.0% in the 3rd quarter. 44 Wealth Management LLC now owns 5,500 shares of the aerospace company’s stock worth $1,039,000 after acquiring an additional 57 shares in the last quarter. Personal CFO Solutions LLC boosted its stake in Leidos by 2.0% in the second quarter. Personal CFO Solutions LLC now owns 2,974 shares of the aerospace company’s stock worth $469,000 after purchasing an additional 59 shares in the last quarter. Beacon Pointe Advisors LLC grew its holdings in Leidos by 3.7% during the 2nd quarter. Beacon Pointe Advisors LLC now owns 1,639 shares of the aerospace company’s stock worth $259,000 after acquiring an additional 59 shares during the last quarter. Finally, Atlantic Union Bankshares Corp grew its stake in shares of Leidos by 0.7% during the third quarter. Atlantic Union Bankshares Corp now owns 8,243 shares of the aerospace company’s stock valued at $1,558,000 after purchasing an additional 61 shares during the last quarter. Institutional investors and hedge funds own 76.12% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently weighed in on LDOS. UBS Group set a $204.00 price objective on shares of Leidos in a research report on Thursday, January 15th. Citigroup lifted their target price on Leidos from $218.00 to $232.00 and gave the company a “buy” rating in a research note on Tuesday, January 13th. Royal Bank Of Canada dropped their target price on Leidos from $230.00 to $215.00 and set an “outperform” rating for the company in a research report on Wednesday, February 18th. Wall Street Zen downgraded Leidos from a “strong-buy” rating to a “hold” rating in a research report on Saturday, February 21st. Finally, Jefferies Financial Group reiterated a “buy” rating and issued a $215.00 price target on shares of Leidos in a report on Monday, February 23rd. Nine research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $214.18.

Insider Buying and Selling at Leidos

In related news, insider Elizabeth A. Porter sold 3,000 shares of the stock in a transaction on Tuesday, January 20th. The shares were sold at an average price of $192.21, for a total transaction of $576,630.00. Following the completion of the transaction, the insider owned 38,575 shares in the company, valued at approximately $7,414,500.75. This represents a 7.22% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.96% of the stock is owned by corporate insiders.

Leidos Price Performance

LDOS opened at $165.94 on Friday. The stock has a market cap of $20.97 billion, a P/E ratio of 14.91, a P/E/G ratio of 1.18 and a beta of 0.63. Leidos Holdings, Inc. has a 12 month low of $128.32 and a 12 month high of $205.77. The company has a quick ratio of 1.58, a current ratio of 1.70 and a debt-to-equity ratio of 0.93. The company has a fifty day simple moving average of $181.65 and a 200 day simple moving average of $185.88.

Leidos (NYSE:LDOS) last released its quarterly earnings results on Tuesday, February 17th. The aerospace company reported $2.76 earnings per share for the quarter, beating the consensus estimate of $2.57 by $0.19. The company had revenue of $4.21 billion during the quarter, compared to analysts’ expectations of $4.31 billion. Leidos had a net margin of 8.43% and a return on equity of 32.95%. The business’s quarterly revenue was down 3.6% compared to the same quarter last year. During the same quarter in the prior year, the company earned $2.37 earnings per share. Leidos has set its FY 2026 guidance at 12.050-12.450 EPS. On average, research analysts expect that Leidos Holdings, Inc. will post 10.62 EPS for the current year.

Leidos Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Monday, March 16th will be given a dividend of $0.43 per share. The ex-dividend date of this dividend is Monday, March 16th. This represents a $1.72 dividend on an annualized basis and a yield of 1.0%. Leidos’s dividend payout ratio is 15.45%.

Leidos 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.