Intech Investment Management LLC Trims Stock Position in Leidos Holdings, Inc. $LDOS

Intech Investment Management LLC trimmed its holdings in Leidos Holdings, Inc. (NYSE:LDOS) by 79.6% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 34,160 shares of the aerospace company’s stock after selling 133,633 shares during the period. Intech Investment Management LLC’s holdings in Leidos were worth $6,455,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Harbor Capital Advisors Inc. boosted its position in shares of Leidos by 2.7% in the third quarter. Harbor Capital Advisors Inc. now owns 2,203 shares of the aerospace company’s stock worth $416,000 after acquiring an additional 57 shares during the last quarter. Personal CFO Solutions LLC raised its stake in Leidos by 2.0% during the second quarter. Personal CFO Solutions LLC now owns 2,974 shares of the aerospace company’s stock worth $469,000 after purchasing an additional 59 shares during the period. Beacon Pointe Advisors LLC raised its stake in Leidos by 3.7% during the second quarter. Beacon Pointe Advisors LLC now owns 1,639 shares of the aerospace company’s stock worth $259,000 after purchasing an additional 59 shares during the period. Atlantic Union Bankshares Corp boosted its holdings in shares of Leidos by 0.7% in the 3rd quarter. Atlantic Union Bankshares Corp now owns 8,243 shares of the aerospace company’s stock valued at $1,558,000 after purchasing an additional 61 shares during the last quarter. Finally, CX Institutional grew its stake in shares of Leidos by 4.3% during the 3rd quarter. CX Institutional now owns 1,503 shares of the aerospace company’s stock valued at $284,000 after buying an additional 62 shares during the period. Institutional investors and hedge funds own 76.12% of the company’s stock.

Analyst Ratings Changes

Several research analysts recently weighed in on the company. Bank of America increased their target price on Leidos from $200.00 to $235.00 and gave the stock a “buy” rating in a research report on Friday, November 7th. UBS Group set a $204.00 price objective on Leidos in a research note on Thursday, January 15th. Royal Bank Of Canada dropped their target price on shares of Leidos from $230.00 to $215.00 and set an “outperform” rating for the company in a research report on Wednesday, February 18th. Truist Financial restated a “buy” rating and issued a $220.00 price target (up from $200.00) on shares of Leidos in a report on Tuesday, November 4th. Finally, Citigroup boosted their price objective on shares of Leidos from $218.00 to $232.00 and gave the stock a “buy” rating in a research note on Tuesday, January 13th. Nine analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $214.18.

Leidos Stock Performance

Leidos stock opened at $174.98 on Friday. The firm has a market capitalization of $22.12 billion, a PE ratio of 15.72, a price-to-earnings-growth ratio of 1.24 and a beta of 0.59. Leidos Holdings, Inc. has a one year low of $123.62 and a one year high of $205.77. The stock’s 50 day moving average price is $185.59 and its 200 day moving average price is $186.52. The company has a debt-to-equity ratio of 0.93, a quick ratio of 1.58 and a current ratio of 1.70.

Leidos (NYSE:LDOS) last issued its quarterly earnings data on Tuesday, February 17th. The aerospace company reported $2.76 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.57 by $0.19. Leidos had a net margin of 8.43% and a return on equity of 32.95%. The company had revenue of $4.21 billion during the quarter, compared to the consensus estimate of $4.31 billion. During the same quarter last year, the company earned $2.37 earnings per share. Leidos’s revenue for the quarter was down 3.6% on a year-over-year basis. Leidos has set its FY 2026 guidance at 12.050-12.450 EPS. As a group, sell-side analysts expect that Leidos Holdings, Inc. will post 10.62 EPS for the current fiscal year.

Leidos Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Monday, March 16th will be paid a dividend of $0.43 per share. This represents a $1.72 annualized dividend and a dividend yield of 1.0%. The ex-dividend date is Monday, March 16th. Leidos’s dividend payout ratio is 15.45%.

Insider Buying and Selling at Leidos

In related news, insider Elizabeth A. Porter sold 3,000 shares of Leidos stock in a transaction on Tuesday, January 20th. The shares were sold at an average price of $192.21, for a total value of $576,630.00. Following the completion of the sale, the insider owned 38,575 shares in the company, valued at approximately $7,414,500.75. The trade was a 7.22% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.96% of the company’s stock.

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.