Strategic Global Advisors LLC Has $6.46 Million Holdings in Leidos Holdings, Inc. $LDOS

Strategic Global Advisors LLC boosted its holdings in Leidos Holdings, Inc. (NYSE:LDOS) by 8.2% during the 2nd quarter, Holdings Channel.com reports. The fund owned 62,718 shares of the aerospace company’s stock after purchasing an additional 4,730 shares during the quarter. Strategic Global Advisors LLC’s holdings in Leidos were worth $6,458,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of LDOS. Diamant Asset Management Inc. lifted its position in shares of Leidos by 16,475.4% during the 1st quarter. Diamant Asset Management Inc. now owns 4,156,784 shares of the aerospace company’s stock worth $646,463,000 after buying an additional 4,131,706 shares in the last quarter. Goldman Sachs Group Inc. boosted its stake in shares of Leidos by 1.6% in the 4th quarter. Goldman Sachs Group Inc. now owns 1,421,634 shares of the aerospace company’s stock worth $256,463,000 after buying an additional 22,013 shares during the last quarter. New Age Alpha Advisors LLC grew its holdings in shares of Leidos by 25,505.4% in the fourth quarter. New Age Alpha Advisors LLC now owns 42,505 shares of the aerospace company’s stock valued at $7,668,000 after acquiring an additional 42,339 shares in the last quarter. Norges Bank bought a new position in shares of Leidos in the fourth quarter valued at approximately $318,839,000. Finally, Renaissance Technologies LLC purchased a new stake in shares of Leidos during the first quarter valued at approximately $20,225,000. 76.12% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Leidos

In related news, Director Noel B. Geer sold 10,000 shares of the business’s stock in a transaction dated Tuesday, August 11th. The stock was sold at an average price of $140.66, for a total value of $1,406,600.00. Following the sale, the director directly owned 34,274 shares in the company, valued at approximately $4,820,980.84. The trade was a 22.59% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.77% of the company’s stock.

Leidos Trading Up 2.2%

NYSE:LDOS opened at $137.47 on Thursday. Leidos Holdings, Inc. has a 12 month low of $98.86 and a 12 month high of $205.77. The company has a current ratio of 1.63, a quick ratio of 1.60 and a debt-to-equity ratio of 1.13. The firm’s 50 day moving average is $118.57 and its 200 day moving average is $139.79. The stock has a market capitalization of $17.25 billion, a PE ratio of 12.82, a price-to-earnings-growth ratio of 1.96 and a beta of 0.52.

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

Leidos declared that its board has authorized a stock repurchase program on Friday, July 31st that allows the company to repurchase 20,000,000 shares. This repurchase authorization allows the aerospace company to buy shares of its stock through open market purchases. Stock repurchase programs are usually a sign that the company’s leadership believes its shares are undervalued.

Leidos Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be issued a $0.43 dividend. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $1.72 annualized dividend and a yield of 1.3%. Leidos’s dividend payout ratio (DPR) is 16.04%.

Analyst Ratings Changes

A number of analysts recently commented on the company. UBS Group lifted their price target on Leidos from $124.00 to $138.00 and gave the stock a “neutral” rating in a report on Wednesday, August 5th. Truist Financial reduced their price objective on Leidos from $195.00 to $160.00 and set a “buy” rating for the company in a research note on Friday, July 10th. Wall Street Zen upgraded Leidos from a “hold” rating to a “buy” rating in a research note on Thursday, July 16th. BNP Paribas Exane lifted their target price on Leidos from $165.00 to $175.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 5th. Finally, JPMorgan Chase & Co. cut their price target on shares of Leidos from $210.00 to $160.00 and set an “overweight” rating on the stock in a report on Monday, July 13th. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and ten have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Leidos has a consensus rating of “Hold” and an average price target of $162.93.

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.