Redwood Investment Management LLC Boosts Stock Position in Leidos Holdings, Inc. $LDOS

Redwood Investment Management LLC increased its holdings in Leidos Holdings, Inc. (NYSE:LDOS) by 116.0% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 11,235 shares of the aerospace company’s stock after purchasing an additional 6,033 shares during the period. Redwood Investment Management LLC’s holdings in Leidos were worth $1,747,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Hantz Financial Services Inc. grew its position in Leidos by 94.7% in the fourth quarter. Hantz Financial Services Inc. now owns 148 shares of the aerospace company’s stock worth $27,000 after acquiring an additional 72 shares in the last quarter. Hilton Head Capital Partners LLC bought a new position in Leidos in the 4th quarter valued at $28,000. Rakuten Securities Inc. increased its stake in Leidos by 110.5% in the 4th quarter. Rakuten Securities Inc. now owns 160 shares of the aerospace company’s stock worth $29,000 after buying an additional 84 shares during the period. Longview Financial Advisors Inc. purchased a new position in Leidos in the 1st quarter worth about $26,000. Finally, Wexford Capital LP bought a new stake in Leidos during the 3rd quarter valued at about $32,000. Hedge funds and other institutional investors own 76.12% of the company’s stock.

Wall Street Analyst Weigh In

LDOS has been the topic of a number of research analyst reports. JPMorgan Chase & Co. dropped their target price on shares of Leidos from $210.00 to $160.00 and set an “overweight” rating on the stock in a research note on Monday, July 13th. Wall Street Zen raised shares of Leidos from a “hold” rating to a “buy” rating in a research note on Thursday, July 16th. Weiss Ratings lowered Leidos from a “hold (c+)” rating to a “hold (c)” rating in a report on Monday, June 8th. Wells Fargo & Company set a $125.00 price objective on Leidos in a research note on Wednesday, June 17th. Finally, The Goldman Sachs Group reduced their price objective on Leidos from $171.00 to $152.00 and set a “neutral” rating on the stock in a report on Tuesday, July 14th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and ten have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $163.80.

Insiders Place Their Bets

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. 0.77% of the stock is currently owned by corporate insiders.

Leidos Trading Up 0.1%

NYSE LDOS opened at $115.67 on Monday. The company has a debt-to-equity ratio of 1.19, a quick ratio of 1.29 and a current ratio of 1.40. The company has a market capitalization of $14.55 billion, a price-to-earnings ratio of 10.59, a price-to-earnings-growth ratio of 1.69 and a beta of 0.52. The company’s 50-day simple moving average is $113.37 and its two-hundred day simple moving average is $146.44. Leidos Holdings, Inc. has a one year low of $98.86 and a one year high of $205.77.

Leidos (NYSE:LDOS) last posted its quarterly earnings results on Tuesday, May 5th. The aerospace company reported $3.13 EPS for the quarter, beating the consensus estimate of $2.88 by $0.25. Leidos had a net margin of 8.15% and a return on equity of 31.92%. The business had revenue of $4.40 billion during the quarter, compared to analyst estimates of $4.28 billion. During the same quarter in the previous year, the business posted $2.97 EPS. The company’s quarterly revenue was up 3.7% compared to the same quarter last year. Leidos has set its FY 2026 guidance at 12.100-12.500 EPS. Equities analysts forecast that Leidos Holdings, Inc. will post 12.3 EPS for the current fiscal year.

Leidos Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be paid a $0.43 dividend. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $1.72 dividend on an annualized basis and a yield of 1.5%. Leidos’s payout ratio is 15.75%.

Leidos declared that its board has initiated a stock repurchase plan on Friday, July 31st that authorizes the company to repurchase 20,000,000 outstanding shares. This repurchase authorization authorizes the aerospace company to buy shares of its stock through open market purchases. Stock repurchase plans are typically a sign that the company’s board of directors believes its shares are undervalued.

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.