Pictet Asset Management Holding SA Grows Holdings in Leidos Holdings, Inc. $LDOS

Pictet Asset Management Holding SA grew its holdings in shares of Leidos Holdings, Inc. (NYSE:LDOS) by 10.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 57,144 shares of the aerospace company’s stock after buying an additional 5,583 shares during the quarter. Pictet Asset Management Holding SA’s holdings in Leidos were worth $10,309,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Allianz Asset Management GmbH increased its stake in Leidos by 20.1% during the third quarter. Allianz Asset Management GmbH now owns 339,972 shares of the aerospace company’s stock valued at $64,241,000 after acquiring an additional 56,905 shares during the period. LBP AM SA increased its stake in Leidos by 43.8% during the third quarter. LBP AM SA now owns 63,211 shares of the aerospace company’s stock valued at $11,944,000 after acquiring an additional 19,268 shares during the period. Synergy Asset Management LLC increased its stake in Leidos by 100.0% during the third quarter. Synergy Asset Management LLC now owns 233,470 shares of the aerospace company’s stock valued at $44,116,000 after acquiring an additional 116,735 shares during the period. M&T Bank Corp increased its stake in Leidos by 2,924.4% during the fourth quarter. M&T Bank Corp now owns 405,181 shares of the aerospace company’s stock valued at $73,095,000 after acquiring an additional 391,784 shares during the period. Finally, United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund increased its stake in Leidos by 120.4% during the third quarter. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund now owns 11,900 shares of the aerospace company’s stock valued at $2,249,000 after acquiring an additional 6,500 shares during the period. 76.12% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on LDOS shares. Stifel Nicolaus lowered their price target on Leidos from $220.00 to $205.00 and set a “hold” rating on the stock in a research note on Wednesday, February 18th. Bank of America lowered their price target on Leidos from $235.00 to $200.00 and set a “buy” rating on the stock in a research note on Tuesday, April 21st. Jefferies Financial Group set a $185.00 price target on Leidos in a research note on Wednesday, April 8th. Wells Fargo & Company started coverage on Leidos in a research note on Wednesday, April 1st. They set an “equal weight” rating and a $165.00 price target on the stock. Finally, Truist Financial lowered their price target on Leidos from $220.00 to $195.00 and set a “buy” rating on the stock in a research note on Monday, April 20th. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $202.82.

Insider Buying and Selling at Leidos

In other news, insider Elizabeth A. Porter sold 2,000 shares of the company’s stock in a transaction that occurred on Tuesday, April 7th. The stock was sold at an average price of $158.78, for a total value of $317,560.00. Following the sale, the insider directly owned 49,476 shares in the company, valued at approximately $7,855,799.28. This represents a 3.89% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.77% of the company’s stock.

Leidos Trading Up 0.1%

LDOS stock opened at $149.32 on Friday. Leidos Holdings, Inc. has a 1-year low of $139.69 and a 1-year high of $205.77. The firm has a market cap of $18.83 billion, a P/E ratio of 13.42, a P/E/G ratio of 1.90 and a beta of 0.56. The business’s 50 day moving average is $162.47 and its 200-day moving average is $179.33. The company has a current ratio of 1.70, a quick ratio of 1.58 and a debt-to-equity ratio of 0.93.

Leidos (NYSE:LDOS) last released its quarterly earnings data 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. Leidos had a return on equity of 32.95% and a net margin of 8.43%.The company had revenue of $4.88 billion for the quarter, compared to analyst estimates of $4.31 billion. During the same period in the prior year, the company posted $2.37 EPS. The company’s revenue was down 3.6% compared to the same quarter last year. Leidos has set its FY 2026 guidance at 12.050-12.450 EPS. Equities analysts anticipate that Leidos Holdings, Inc. will post 12.26 earnings per share for the current fiscal year.

Leidos Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Monday, March 16th were paid a $0.43 dividend. This represents a $1.72 annualized dividend and a dividend yield of 1.2%. The ex-dividend date was Monday, March 16th. Leidos’s dividend payout ratio is currently 15.45%.

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.