Leidos Holdings, Inc. $LDOS Shares Acquired by Insight Wealth Strategies LLC

Insight Wealth Strategies LLC increased its holdings in shares of Leidos Holdings, Inc. (NYSE:LDOS) by 55.1% during the second quarter, HoldingsChannel reports. The institutional investor owned 42,747 shares of the aerospace company’s stock after acquiring an additional 15,192 shares during the period. Insight Wealth Strategies LLC’s holdings in Leidos were worth $4,406,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Focus Partners Wealth grew its position in shares of Leidos by 46.5% in the first quarter. Focus Partners Wealth now owns 3,073 shares of the aerospace company’s stock valued at $415,000 after purchasing an additional 976 shares in the last quarter. Marshall Wace LLP lifted its position in Leidos by 86.3% during the second quarter. Marshall Wace LLP now owns 14,250 shares of the aerospace company’s stock worth $2,248,000 after buying an additional 6,600 shares in the last quarter. Cresset Asset Management LLC boosted its stake in Leidos by 2.7% during the second quarter. Cresset Asset Management LLC now owns 3,399 shares of the aerospace company’s stock worth $536,000 after buying an additional 90 shares during the last quarter. Cerity Partners LLC boosted its stake in Leidos by 20.2% during the second quarter. Cerity Partners LLC now owns 41,405 shares of the aerospace company’s stock worth $6,532,000 after buying an additional 6,962 shares during the last quarter. Finally, Natixis grew its holdings in Leidos by 222.3% in the 2nd quarter. Natixis now owns 8,155 shares of the aerospace company’s stock valued at $1,287,000 after buying an additional 5,625 shares in the last quarter. Hedge funds and other institutional investors own 76.12% of the company’s stock.

Leidos Price Performance

Shares of LDOS opened at $140.83 on Wednesday. The firm has a 50-day simple moving average of $113.96 and a two-hundred day simple moving average of $143.46. The stock has a market cap of $17.67 billion, a PE ratio of 13.14, a P/E/G ratio of 2.03 and a beta of 0.52. Leidos Holdings, Inc. has a 1-year low of $98.86 and a 1-year high of $205.77. The company has a debt-to-equity ratio of 1.13, a current ratio of 1.63 and a quick ratio of 1.60.

Leidos (NYSE:LDOS) last issued its quarterly earnings data on Tuesday, August 4th. The aerospace company reported $3.26 EPS for the quarter, topping the consensus estimate of $2.91 by $0.35. The firm had revenue of $4.56 billion for the quarter, compared to analyst estimates of $4.44 billion. Leidos had a net margin of 7.80% and a return on equity of 30.81%. The business’s revenue for the quarter was up 7.2% compared to the same quarter last year. During the same period in the prior year, the business posted $3.21 EPS. Leidos has set its FY 2026 guidance at 12.200-12.500 EPS. As a group, analysts forecast that Leidos Holdings, Inc. will post 12.38 EPS for the current year.

Leidos declared that its board has initiated a stock buyback program on Friday, July 31st that permits the company to buyback 20,000,000 outstanding shares. This buyback authorization permits the aerospace company to reacquire shares of its stock through open market purchases. Shares buyback programs are generally an indication that the company’s management believes its shares are undervalued.

Leidos Dividend Announcement

The company also recently declared 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 1.2%. The ex-dividend date is Tuesday, September 15th. Leidos’s dividend payout ratio (DPR) is currently 16.04%.

Analysts Set New Price Targets

A number of brokerages have issued reports on LDOS. The Goldman Sachs Group cut their target price on Leidos from $171.00 to $152.00 and set a “neutral” rating for the company in a research note on Tuesday, July 14th. UBS Group boosted their price target on shares of Leidos from $124.00 to $138.00 and gave the company a “neutral” rating in a research report on Wednesday, August 5th. Jefferies Financial Group restated a “hold” rating and set a $145.00 price objective on shares of Leidos in a research report on Sunday. TD Cowen lifted their target price on shares of Leidos from $115.00 to $135.00 and gave the stock a “hold” rating in a research note on Friday. Finally, Royal Bank Of Canada decreased their target price on shares of Leidos from $180.00 to $170.00 and set an “outperform” rating on the stock in a report on Wednesday, August 5th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and ten have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $161.60.

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.