K.J. Harrison & Partners Inc Buys Shares of 10,000 Leidos Holdings, Inc. $LDOS

K.J. Harrison & Partners Inc acquired a new position in Leidos Holdings, Inc. (NYSE:LDOS) in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 10,000 shares of the aerospace company’s stock, valued at approximately $1,555,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. QRG Capital Management Inc. raised its holdings in shares of Leidos by 31.0% during the first quarter. QRG Capital Management Inc. now owns 29,411 shares of the aerospace company’s stock valued at $4,574,000 after purchasing an additional 6,963 shares during the last quarter. Counterpoint Mutual Funds LLC purchased a new stake in Leidos in the first quarter worth approximately $4,209,000. New York State Teachers Retirement System grew its position in Leidos by 1.2% in the 1st quarter. New York State Teachers Retirement System now owns 125,537 shares of the aerospace company’s stock worth $19,524,000 after purchasing an additional 1,432 shares during the period. Y Intercept Hong Kong Ltd raised its stake in Leidos by 503.7% during the 1st quarter. Y Intercept Hong Kong Ltd now owns 35,298 shares of the aerospace company’s stock valued at $5,490,000 after buying an additional 29,451 shares during the last quarter. Finally, Leonteq Securities AG raised its stake in Leidos by 5.0% during the 1st quarter. Leonteq Securities AG now owns 5,358 shares of the aerospace company’s stock valued at $833,000 after buying an additional 256 shares during the last quarter. Institutional investors own 76.12% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on the company. Wall Street Zen upgraded Leidos from a “hold” rating to a “buy” rating in a research note on Tuesday, June 30th. 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 research report on Wednesday, May 6th. Argus upgraded shares of Leidos to a “strong-buy” rating in a research note on Tuesday, March 31st. Weiss Ratings downgraded shares of Leidos from a “hold (c+)” rating to a “hold (c)” rating in a report on Monday, June 8th. Finally, Bank of America restated a “neutral” rating and set a $125.00 target price (down from $200.00) on shares of Leidos in a research report on Wednesday, June 17th. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and eight have assigned a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $172.08.

Leidos Price Performance

NYSE:LDOS opened at $108.58 on Friday. The firm has a market capitalization of $13.66 billion, a price-to-earnings ratio of 9.94, a PEG ratio of 1.60 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. The business has a 50 day simple moving average of $122.85 and a 200-day simple moving average of $157.63. The company has a debt-to-equity ratio of 1.19, a current ratio of 1.40 and a quick ratio of 1.29.

Leidos (NYSE:LDOS) last posted its quarterly earnings data on Tuesday, May 5th. The aerospace company reported $3.13 earnings per share for the quarter, topping 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 company had revenue of $4.40 billion for the quarter, compared to analyst estimates of $4.28 billion. During the same period in the prior year, the company 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. Equities analysts forecast that Leidos Holdings, Inc. will post 12.26 EPS for the current year.

Leidos Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 15th were paid a $0.43 dividend. The ex-dividend date of this dividend was Monday, June 15th. This represents a $1.72 dividend on an annualized basis and a yield of 1.6%. Leidos’s dividend payout ratio is 15.75%.

Insider Activity at Leidos

In other Leidos news, Director Gary Stephen May sold 1,484 shares of the company’s stock in a transaction on Thursday, May 7th. The stock was sold at an average price of $132.75, for a total transaction of $197,001.00. Following the completion of the sale, the director owned 10,137 shares in the company, valued at $1,345,686.75. This represents a 12.77% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Elizabeth A. Porter sold 2,000 shares of Leidos stock in a transaction dated Tuesday, April 7th. The shares were sold at an average price of $158.78, for a total value of $317,560.00. Following the completion of the transaction, the insider owned 49,476 shares in the company, valued at $7,855,799.28. This trade represents a 3.89% decrease in their position. 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 currently owned by corporate insiders.

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.