Legal & General Group Plc Has $144.84 Million Holdings in Leidos Holdings, Inc. $LDOS

Legal & General Group Plc cut its position in shares of Leidos Holdings, Inc. (NYSE:LDOS) by 11.0% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 802,864 shares of the aerospace company’s stock after selling 99,372 shares during the quarter. Legal & General Group Plc’s holdings in Leidos were worth $144,837,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of the stock. Wedmont Private Capital grew its holdings in Leidos by 4.6% in 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. 44 Wealth Management LLC grew its holdings in Leidos by 1.0% in the third quarter. 44 Wealth Management LLC now owns 5,500 shares of the aerospace company’s stock worth $1,039,000 after purchasing an additional 57 shares during the period. Atlantic Union Bankshares Corp grew its holdings in Leidos by 0.7% in the third quarter. Atlantic Union Bankshares Corp now owns 8,243 shares of the aerospace company’s stock worth $1,558,000 after purchasing an additional 61 shares during the period. MassMutual Private Wealth & Trust FSB grew its holdings in Leidos by 14.2% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 492 shares of the aerospace company’s stock worth $89,000 after purchasing an additional 61 shares during the period. Finally, Richardson Financial Services Inc. grew its holdings in 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 period. 76.12% of the stock is currently owned by institutional investors and hedge funds.

Leidos Stock Up 0.7%

Leidos stock opened at $131.49 on Friday. Leidos Holdings, Inc. has a 1-year low of $121.20 and a 1-year high of $205.77. The firm has a market capitalization of $16.54 billion, a price-to-earnings ratio of 12.04, a price-to-earnings-growth ratio of 1.66 and a beta of 0.56. The firm’s fifty day moving average price is $145.73 and its two-hundred day moving average price is $171.30. 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 released its quarterly earnings data on Tuesday, May 5th. The aerospace company reported $3.13 earnings per share for the quarter, beating analysts’ consensus estimates of $2.88 by $0.25. Leidos had a net margin of 8.15% and a return on equity of 31.92%. The firm had revenue of $4.40 billion for the quarter, compared to analyst estimates of $4.28 billion. During the same period last year, the firm earned $2.97 earnings per share. The business’s quarterly revenue was up 3.7% compared to the same quarter last year. 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 12.25 earnings per share for the current fiscal year.

Leidos Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 15th will be given a dividend of $0.43 per share. This represents a $1.72 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend is Monday, June 15th. Leidos’s dividend payout ratio (DPR) is presently 15.75%.

Insider Transactions at Leidos

In related news, Director Gary Stephen May sold 1,484 shares of the firm’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 transaction, the director directly owned 10,137 shares of the company’s stock, 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 at this link. Also, insider Elizabeth A. Porter sold 2,000 shares of the firm’s stock in a transaction dated Tuesday, April 7th. The shares were sold at an average price of $158.78, for a total transaction of $317,560.00. Following the transaction, the insider directly owned 49,476 shares in the company, valued at $7,855,799.28. The trade was a 3.89% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.77% of the stock is owned by company insiders.

Analysts Set New Price Targets

LDOS has been the subject of a number of research reports. Argus upgraded shares of Leidos to a “strong-buy” rating in a report on Tuesday, March 31st. Wells Fargo & Company initiated coverage on shares of Leidos in a report on Wednesday, April 1st. They issued an “equal weight” rating and a $165.00 price target for the company. Stifel Nicolaus reduced their price target on shares of Leidos from $205.00 to $193.00 and set a “hold” rating for the company in a report on Wednesday, May 6th. BNP Paribas Exane initiated coverage on shares of Leidos in a report on Wednesday. They issued an “outperform” rating and a $165.00 price target for the company. Finally, Robert W. Baird reduced their price target on shares of Leidos from $215.00 to $195.00 and set a “neutral” rating for the company in a report on Wednesday, February 18th. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Leidos presently has an average rating of “Moderate Buy” and a consensus target price of $191.25.

About Leidos

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.