Hudson Value Partners LLC Cuts Stock Holdings in Leidos Holdings, Inc. $LDOS

Hudson Value Partners LLC lowered its holdings in Leidos Holdings, Inc. (NYSE:LDOS) by 50.0% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 4,515 shares of the aerospace company’s stock after selling 4,510 shares during the quarter. Hudson Value Partners LLC’s holdings in Leidos were worth $465,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. State Street Corp raised its stake in Leidos by 3.7% in the fourth quarter. State Street Corp now owns 6,022,359 shares of the aerospace company’s stock worth $1,086,434,000 after buying an additional 217,141 shares in the last quarter. Diamant Asset Management Inc. boosted its holdings in shares of Leidos by 16,475.4% in the 1st quarter. Diamant Asset Management Inc. now owns 4,156,784 shares of the aerospace company’s stock valued at $646,463,000 after buying an additional 4,131,706 shares in the last quarter. Geode Capital Management LLC boosted its stake in Leidos by 1.9% in the fourth quarter. Geode Capital Management LLC now owns 3,538,488 shares of the aerospace company’s stock valued at $636,097,000 after acquiring an additional 64,909 shares in the last quarter. Dimensional Fund Advisors LP grew its stake in Leidos by 2.6% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,859,616 shares of the aerospace company’s stock worth $289,193,000 after buying an additional 47,542 shares during the last quarter. Finally, Norges Bank purchased a new stake in shares of Leidos during the fourth quarter worth about $318,839,000. 76.12% of the stock is currently owned by institutional investors.

Leidos Stock Up 1.2%

LDOS stock opened at $140.83 on Wednesday. The firm has a 50-day simple moving average of $113.96 and a 200-day simple moving average of $143.46. Leidos Holdings, Inc. has a 52 week low of $98.86 and a 52 week high of $205.77. The stock has a market capitalization of $17.67 billion, a P/E ratio of 13.14, a P/E/G ratio of 2.03 and a beta of 0.52. The company has a quick ratio of 1.60, a current ratio of 1.63 and a debt-to-equity ratio of 1.13.

Leidos (NYSE:LDOS) last announced its earnings results on Tuesday, August 4th. The aerospace company reported $3.26 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.91 by $0.35. The company had revenue of $4.56 billion for the quarter, compared to analysts’ expectations of $4.44 billion. Leidos had a net margin of 7.80% and a return on equity of 30.81%. The firm’s quarterly revenue was up 7.2% on a year-over-year basis. During the same quarter in the previous year, the company posted $3.21 EPS. Leidos has set its FY 2026 guidance at 12.200-12.500 EPS. Equities analysts forecast that Leidos Holdings, Inc. will post 12.38 earnings per share for the current fiscal year.

Leidos declared that its board has authorized a share buyback program on Friday, July 31st that allows the company to repurchase 20,000,000 outstanding shares. This repurchase authorization allows the aerospace company to purchase shares of its stock through open market purchases. Shares repurchase programs are generally a sign that the company’s board of directors believes its stock is undervalued.

Leidos Announces Dividend

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 dividend of $0.43 per share. This represents a $1.72 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend is Tuesday, September 15th. Leidos’s dividend payout ratio is currently 16.04%.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on LDOS shares. UBS Group increased their price objective on Leidos from $124.00 to $138.00 and gave the company a “neutral” rating in a report on Wednesday, August 5th. Wall Street Zen upgraded Leidos from a “hold” rating to a “buy” rating in a research note on Thursday, July 16th. Citigroup raised their target price on Leidos from $138.00 to $161.00 and gave the stock a “buy” rating in a report on Tuesday. The Goldman Sachs Group reduced their price target on Leidos from $171.00 to $152.00 and set a “neutral” rating for the company in a research report on Tuesday, July 14th. Finally, Robert W. Baird set a $150.00 price target on Leidos in a report on Wednesday, August 5th. 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 company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $161.60.

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.