Edgestream Partners L.P. trimmed its holdings in shares of Leidos Holdings, Inc. (NYSE:LDOS – Free Report) by 87.4% during the 1st quarter, Holdings Channel reports. The institutional investor owned 3,025 shares of the aerospace company’s stock after selling 20,967 shares during the period. Edgestream Partners L.P.’s holdings in Leidos were worth $470,000 as of its most recent SEC filing.
Other hedge funds have also recently bought and sold shares of the company. Diamant Asset Management Inc. boosted its position in Leidos by 16,475.4% during the 1st quarter. Diamant Asset Management Inc. now owns 4,156,784 shares of the aerospace company’s stock worth $646,463,000 after acquiring an additional 4,131,706 shares during the period. Norges Bank acquired a new position in shares of Leidos in the 4th quarter valued at about $318,839,000. SG Americas Securities LLC increased its holdings in shares of Leidos by 998.6% in the 1st quarter. SG Americas Securities LLC now owns 1,097,724 shares of the aerospace company’s stock valued at $170,718,000 after purchasing an additional 997,807 shares during the period. Alliancebernstein L.P. lifted its position in shares of Leidos by 64.4% in the second quarter. Alliancebernstein L.P. now owns 1,529,261 shares of the aerospace company’s stock worth $241,256,000 after purchasing an additional 598,974 shares in the last quarter. Finally, M&T Bank Corp lifted its position in shares of Leidos by 2,924.4% in the fourth quarter. M&T Bank Corp now owns 405,181 shares of the aerospace company’s stock worth $73,095,000 after purchasing an additional 391,784 shares in the last quarter. 76.12% of the stock is owned by hedge funds and other institutional investors.
More Leidos News
Here are the key news stories impacting Leidos this week:
- Positive Sentiment: Quarterly results exceeded expectations: Leidos reported $4.56 billion in second-quarter revenue, up 7.2% year over year, and non-GAAP EPS of $3.26 versus the $2.91 consensus estimate. Defense, homeland security and intelligence demand supported the performance. Leidos Delivers Strong Second Quarter and Enhances Full-Year Guidance
- Positive Sentiment: Full-year outlook was raised: Management increased 2026 revenue guidance to $18.2 billion-$18.4 billion from $18.0 billion-$18.4 billion and set non-GAAP EPS guidance at $12.20-$12.50. Operating cash flow is expected to reach approximately $1.85 billion, with higher free cash flow anticipated despite roughly $250 million of planned capital spending. Leidos anticipates higher 2026 free cash flow
- Positive Sentiment: Bookings and defense-related growth reinforced visibility: Leidos generated $4.9 billion in net bookings, a 1.1 book-to-bill ratio, and ended the quarter with $48.7 billion in backlog, including $10.2 billion funded. New defense AI work and growth in defense technology, energy infrastructure and intelligence missions added to the bullish narrative. Leidos Is Up After Raising 2026 Outlook and Winning New Defense AI Work
- Positive Sentiment: Analysts became more constructive: BNP Paribas Exane raised its price target to $175 and maintained an “outperform” rating, while UBS lifted its target to $138 but retained a “neutral” rating. The revisions indicate improved earnings expectations, although analyst conviction remains mixed. Analyst price-target updates
- Negative Sentiment: Some earnings quality concerns remain: Reported net income declined year over year, and acquisition and joint-venture costs weighed on results. Management also highlighted pressure in the Health segment, partially offsetting stronger defense and intelligence performance. Recent insider activity included sales rather than purchases, a secondary sentiment headwind.
Wall Street Analyst Weigh In
Get Our Latest Stock Analysis on Leidos
Leidos Stock Performance
Shares of LDOS stock opened at $127.24 on Thursday. Leidos Holdings, Inc. has a fifty-two week low of $98.86 and a fifty-two week high of $205.77. The stock’s 50-day moving average is $113.21 and its two-hundred day moving average is $145.01. The company has a debt-to-equity ratio of 1.13, a current ratio of 1.63 and a quick ratio of 1.29. The firm has a market cap of $16.01 billion, a P/E ratio of 11.87, a PEG ratio of 1.91 and a beta of 0.52.
Leidos (NYSE:LDOS – Get Free Report) last announced its quarterly earnings results on Tuesday, August 4th. The aerospace company reported $3.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.91 by $0.35. The business had revenue of $4.56 billion during the quarter, compared to analyst estimates of $4.44 billion. Leidos had a return on equity of 30.81% and a net margin of 7.80%.The firm’s revenue was up 7.2% on a year-over-year basis. During the same period in the previous year, the company earned $3.21 EPS. Leidos has set its FY 2026 guidance at 12.200-12.500 EPS. Analysts predict that Leidos Holdings, Inc. will post 12.35 earnings per share for the current fiscal year.
Leidos announced that its board has approved a stock buyback program on Friday, July 31st that allows the company to repurchase 20,000,000 shares. This repurchase authorization allows the aerospace company to purchase shares of its stock through open market purchases. Shares repurchase programs are typically a sign that the company’s leadership believes its stock is undervalued.
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 given a dividend of $0.43 per share. This represents a $1.72 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend is Tuesday, September 15th. Leidos’s dividend payout ratio (DPR) is presently 15.75%.
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.
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