iA Global Asset Management Inc. Has $1.47 Million Position in Leidos Holdings, Inc. $LDOS

iA Global Asset Management Inc. increased its position in Leidos Holdings, Inc. (NYSE:LDOS) by 505.4% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 8,131 shares of the aerospace company’s stock after acquiring an additional 6,788 shares during the quarter. iA Global Asset Management Inc.’s holdings in Leidos were worth $1,467,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. JFS Wealth Advisors LLC increased its stake in shares of Leidos by 77.6% in the fourth quarter. JFS Wealth Advisors LLC now owns 151 shares of the aerospace company’s stock valued at $27,000 after buying an additional 66 shares during the period. Rakuten Securities Inc. increased its position in Leidos by 110.5% during the 4th quarter. Rakuten Securities Inc. now owns 160 shares of the aerospace company’s stock valued at $29,000 after purchasing an additional 84 shares during the period. Cape Investment Advisory Inc. acquired a new stake in Leidos during the 3rd quarter valued at approximately $31,000. Wexford Capital LP acquired a new stake in Leidos during the 3rd quarter valued at approximately $32,000. Finally, Kelleher Financial Advisors acquired a new stake in Leidos during the 3rd quarter valued at approximately $46,000. Institutional investors and hedge funds own 76.12% of the company’s stock.

Leidos Trading Up 1.0%

Shares of LDOS opened at $124.96 on Tuesday. The business has a 50-day moving average of $153.18 and a 200 day moving average of $175.06. Leidos Holdings, Inc. has a fifty-two week low of $121.53 and a fifty-two week high of $205.77. The firm has a market cap of $15.72 billion, a P/E ratio of 11.44, a price-to-earnings-growth ratio of 1.57 and a beta of 0.56. The company has a debt-to-equity ratio of 1.19, a quick ratio of 1.29 and a current ratio of 1.40.

Leidos (NYSE:LDOS) last announced its quarterly earnings data on Tuesday, May 5th. The aerospace company reported $3.13 earnings per share for the quarter, topping the consensus estimate of $2.88 by $0.25. Leidos had a return on equity of 31.92% and a net margin of 8.15%.The company had revenue of $4.40 billion during the quarter, compared to analyst estimates of $4.28 billion. During the same quarter last year, the firm posted $2.97 EPS. 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. As a group, research analysts forecast that Leidos Holdings, Inc. will post 12.25 EPS for the current year.

Leidos Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 15th will be issued a $0.43 dividend. The ex-dividend date of this dividend is Monday, June 15th. This represents a $1.72 annualized dividend and a yield of 1.4%. Leidos’s dividend payout ratio (DPR) is 15.75%.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on LDOS shares. Argus raised shares of Leidos to a “strong-buy” rating in a research report on Tuesday, March 31st. Truist Financial cut their price target on Leidos from $220.00 to $195.00 and set a “buy” rating on the stock in a report on Monday, April 20th. Wells Fargo & Company assumed coverage on Leidos in a report on Wednesday, April 1st. They issued an “equal weight” rating and a $165.00 target price on the stock. Citigroup cut their target price on Leidos from $232.00 to $178.00 and set a “buy” rating on the stock in a report on Thursday, May 7th. Finally, Royal Bank Of Canada dropped their price objective on Leidos from $215.00 to $180.00 and set an “outperform” rating on the stock in a research note on Wednesday, May 6th. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $193.64.

Insider Activity

In related news, insider Elizabeth A. Porter sold 2,000 shares of Leidos stock in a transaction dated Tuesday, April 7th. The stock was sold at an average price of $158.78, for a total value of $317,560.00. Following the completion of the sale, the insider owned 49,476 shares of the company’s stock, valued at approximately $7,855,799.28. This trade represents a 3.89% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Gary Stephen May sold 1,484 shares of Leidos stock in a transaction dated Thursday, May 7th. The stock was 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 trade represents a 12.77% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 0.77% of the company’s stock.

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.