Russell Investments Group Ltd. Sells 4,129 Shares of Leidos Holdings, Inc. $LDOS

Russell Investments Group Ltd. lowered its position in shares of Leidos Holdings, Inc. (NYSE:LDOS) by 3.2% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 126,053 shares of the aerospace company’s stock after selling 4,129 shares during the quarter. Russell Investments Group Ltd. owned 0.10% of Leidos worth $23,818,000 as of its most recent SEC filing.

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

Analysts Set New Price Targets

LDOS has been the subject of a number of recent analyst reports. Citigroup boosted their price objective on Leidos from $218.00 to $232.00 and gave the company a “buy” rating in a report on Tuesday, January 13th. Stifel Nicolaus dropped their price objective on shares of Leidos from $220.00 to $205.00 and set a “hold” rating on the stock in a research note on Wednesday, February 18th. Jefferies Financial Group reiterated a “buy” rating and issued a $215.00 target price on shares of Leidos in a research note on Monday, February 23rd. Royal Bank Of Canada cut their price target on shares of Leidos from $230.00 to $215.00 and set an “outperform” rating on the stock in a report on Wednesday, February 18th. Finally, Wall Street Zen lowered Leidos from a “strong-buy” rating to a “hold” rating in a research note on Saturday, February 21st. Nine analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $214.18.

Insider Activity

In other news, insider Elizabeth A. Porter sold 3,000 shares of Leidos stock in a transaction that occurred on Tuesday, January 20th. The stock was sold at an average price of $192.21, for a total value of $576,630.00. Following the sale, the insider directly owned 38,575 shares of the company’s stock, valued at $7,414,500.75. The trade was a 7.22% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. 0.96% of the stock is owned by corporate insiders.

Leidos Stock Up 0.3%

LDOS stock opened at $173.81 on Friday. 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 Holdings, Inc. has a one year low of $128.32 and a one year high of $205.77. The firm’s fifty day moving average is $184.15 and its 200 day moving average is $186.34. The firm has a market cap of $21.97 billion, a PE ratio of 15.62, a P/E/G ratio of 1.23 and a beta of 0.63.

Leidos (NYSE:LDOS) last released its quarterly earnings results on Tuesday, February 17th. The aerospace company reported $2.76 earnings per share for the quarter, topping analysts’ consensus estimates 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 $4.21 billion during the quarter, compared to analysts’ expectations of $4.31 billion. During the same quarter in the prior year, the firm posted $2.37 EPS. Leidos’s quarterly 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. On average, research analysts forecast that Leidos Holdings, Inc. will post 10.62 EPS for the current year.

Leidos Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Monday, March 16th will be paid a $0.43 dividend. The ex-dividend date of this dividend is Monday, March 16th. This represents a $1.72 dividend on an annualized basis and a yield of 1.0%. Leidos’s dividend payout ratio (DPR) is currently 15.45%.

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.