Illinois Municipal Retirement Fund Purchases 7,011 Shares of Leidos Holdings, Inc. $LDOS

Illinois Municipal Retirement Fund increased its holdings in Leidos Holdings, Inc. (NYSE:LDOS) by 33.2% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 28,153 shares of the aerospace company’s stock after acquiring an additional 7,011 shares during the period. Illinois Municipal Retirement Fund’s holdings in Leidos were worth $4,378,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Wedmont Private Capital boosted its position in 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 during the period. MassMutual Private Wealth & Trust FSB grew its position in Leidos by 14.2% during the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 492 shares of the aerospace company’s stock worth $89,000 after buying an additional 61 shares in the last quarter. Richardson Financial Services Inc. increased its position 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 worth $93,000 after purchasing an additional 61 shares during the last quarter. Bryn Mawr Trust Advisors LLC grew its stake in Leidos by 4.8% in the 4th quarter. Bryn Mawr Trust Advisors LLC now owns 1,337 shares of the aerospace company’s stock worth $241,000 after buying an additional 61 shares in the last quarter. Finally, Ritholtz Wealth Management grew its position in Leidos by 0.3% in the fourth 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 own 76.12% of the company’s stock.

Leidos Price Performance

LDOS opened at $106.51 on Friday. 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 stock’s 50 day simple moving average is $116.09 and its 200 day simple moving average is $152.23. The firm has a market cap of $13.40 billion, a price-to-earnings ratio of 9.75, a PEG ratio of 1.56 and a beta of 0.54. Leidos Holdings, Inc. has a 1 year low of $98.86 and a 1 year high of $205.77.

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, beating the consensus estimate of $2.88 by $0.25. The firm had revenue of $4.40 billion during the quarter, compared to the consensus estimate of $4.28 billion. Leidos had a return on equity of 31.92% and a net margin of 8.15%.The business’s revenue was up 3.7% on a year-over-year basis. During the same quarter in the previous year, the company posted $2.97 earnings per share. Leidos has set its FY 2026 guidance at 12.100-12.500 EPS. As a group, analysts predict that Leidos Holdings, Inc. will post 12.3 earnings per share for the current year.

Leidos Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th were given a dividend of $0.43 per share. The ex-dividend date of this dividend was Monday, June 15th. This represents a $1.72 annualized dividend and a yield of 1.6%. Leidos’s dividend payout ratio is presently 15.75%.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on LDOS shares. 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. Weiss Ratings lowered Leidos from a “hold (c+)” rating to a “hold (c)” rating in a research note on Monday, June 8th. Argus raised shares of Leidos to a “strong-buy” rating in a research note on Tuesday, March 31st. Wells Fargo & Company set a $125.00 price objective on shares of Leidos in a report on Wednesday, June 17th. Finally, Stifel Nicolaus cut their price objective on shares of Leidos from $205.00 to $193.00 and set a “hold” rating for the company in a research note on Wednesday, May 6th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and ten have issued a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $163.80.

Insider Activity

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 transaction of $197,001.00. Following the completion of the transaction, 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 legal filing with the SEC, which is accessible through this hyperlink. 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.