Leidos Holdings, Inc. $LDOS Stake Lifted by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. increased its stake in shares of Leidos Holdings, Inc. (NYSE:LDOS) by 22.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 21,190 shares of the aerospace company’s stock after buying an additional 3,874 shares during the quarter. Mirae Asset Global Investments Co. Ltd.’s holdings in Leidos were worth $3,823,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in LDOS. JFS Wealth Advisors LLC grew its stake in Leidos by 77.6% during the 4th quarter. JFS Wealth Advisors LLC now owns 151 shares of the aerospace company’s stock worth $27,000 after buying an additional 66 shares during the last quarter. Mather Group LLC. bought a new position in Leidos during the 3rd quarter worth $28,000. Cape Investment Advisory Inc. bought a new position in Leidos during the 3rd quarter worth $31,000. Wexford Capital LP bought a new position in Leidos during the 3rd quarter worth $32,000. Finally, First Horizon Corp bought a new position in Leidos during the 3rd quarter worth $39,000. 76.12% of the stock is currently owned by institutional investors.

Insider Transactions at Leidos

In related news, insider Elizabeth A. Porter sold 2,000 shares of the business’s stock in a transaction dated Tuesday, April 7th. The stock was sold at an average price of $158.78, for a total transaction of $317,560.00. Following the transaction, the insider directly owned 49,476 shares in the company, valued at $7,855,799.28. The trade was a 3.89% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.77% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several research firms recently commented on LDOS. Citigroup raised their target price on Leidos from $218.00 to $232.00 and gave the company a “buy” rating in a research report on Tuesday, January 13th. Truist Financial decreased their target price on Leidos from $220.00 to $195.00 and set a “buy” rating for the company in a research report on Monday. Bank of America reduced their price objective on Leidos from $235.00 to $200.00 and set a “buy” rating for the company in a research report on Tuesday. Wall Street Zen upgraded Leidos from a “hold” rating to a “buy” rating in a report on Saturday. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Leidos in a report on Monday, December 29th. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat.com, Leidos presently has a consensus rating of “Moderate Buy” and an average target price of $202.82.

Leidos Trading Down 1.0%

Shares of LDOS opened at $153.30 on Wednesday. Leidos Holdings, Inc. has a 12-month low of $138.55 and a 12-month high of $205.77. The company has a quick ratio of 1.58, a current ratio of 1.70 and a debt-to-equity ratio of 0.93. The firm has a market capitalization of $19.33 billion, a price-to-earnings ratio of 13.77, a P/E/G ratio of 1.09 and a beta of 0.65. The stock’s 50-day moving average price is $166.00 and its 200 day moving average price is $181.52.

Leidos (NYSE:LDOS) last issued its quarterly earnings results 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 return on equity of 32.95% and a net margin of 8.43%.The firm had revenue of $4.88 billion for the quarter, compared to analyst estimates of $4.31 billion. During the same period in the previous year, the company posted $2.37 earnings per share. The company’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. As a group, research analysts predict that Leidos Holdings, Inc. will post 12.25 earnings per share for the current year.

Leidos Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Monday, March 16th were paid a dividend of $0.43 per share. This represents a $1.72 annualized dividend and a yield of 1.1%. The ex-dividend date was Monday, March 16th. Leidos’s payout ratio is currently 15.45%.

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.