Leidos Holdings, Inc. $LDOS Shares Sold by Vise Technologies Inc.

Vise Technologies Inc. decreased its holdings in shares of Leidos Holdings, Inc. (NYSE:LDOSFree Report) by 29.4% during the second quarter, Holdings Channel.com reports. The fund owned 9,308 shares of the aerospace company’s stock after selling 3,876 shares during the period. Vise Technologies Inc.’s holdings in Leidos were worth $958,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. BlackRock Inc. acquired a new stake in Leidos in the 2nd quarter worth approximately $1,024,436,000. Diamant Asset Management Inc. grew its holdings in shares of Leidos by 16,475.4% during the first 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 during the last quarter. Norges Bank purchased a new stake in shares of Leidos during the fourth quarter valued at $318,839,000. SG Americas Securities LLC increased its position 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 acquiring an additional 997,807 shares during the period. Finally, Deutsche Bank AG acquired a new position in shares of Leidos in the 2nd quarter valued at $68,998,000. 76.12% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of brokerages have commented on LDOS. The Goldman Sachs Group lowered their price target on Leidos from $152.00 to $132.00 and set a “neutral” rating for the company in a research report on Wednesday, August 12th. Jefferies Financial Group reissued a “hold” rating and issued a $145.00 price objective on shares of Leidos in a report on Sunday, August 9th. JPMorgan Chase & Co. reduced their price objective on Leidos from $210.00 to $160.00 and set an “overweight” rating for the company in a research note on Monday, July 13th. UBS Group lifted their target price on Leidos from $124.00 to $138.00 and gave the stock a “neutral” rating in a report on Wednesday, August 5th. Finally, Wall Street Zen upgraded Leidos from a “hold” rating to a “buy” rating in a research report on Thursday, July 16th. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and ten have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $162.93.

View Our Latest Research Report on Leidos

Leidos Price Performance

Shares of LDOS opened at $141.84 on Friday. The business’s 50-day moving average is $117.10 and its two-hundred day moving average is $141.19. The company has a market capitalization of $17.80 billion, a P/E ratio of 13.23, a P/E/G ratio of 2.06 and a beta of 0.52. Leidos Holdings, Inc. has a fifty-two week low of $98.86 and a fifty-two week high of $205.77. The company has a debt-to-equity ratio of 1.13, a quick ratio of 1.60 and a current ratio of 1.63.

Leidos (NYSE:LDOSGet Free Report) last issued its quarterly earnings data 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. Leidos had a return on equity of 30.81% and a net margin of 7.80%.The business had revenue of $4.56 billion during the quarter, compared to analysts’ expectations of $4.44 billion. During the same quarter in the previous year, the firm posted $3.21 EPS. The company’s revenue for the quarter was up 7.2% on a year-over-year basis. Leidos has set its FY 2026 guidance at 12.200-12.500 EPS. Research analysts predict that Leidos Holdings, Inc. will post 12.38 earnings per share for the current year.

Leidos Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be issued 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 1.2%. Leidos’s payout ratio is presently 16.04%.

Leidos announced that its Board of Directors has initiated a share buyback program on Friday, July 31st that permits the company to buyback 20,000,000 outstanding shares. This buyback authorization permits the aerospace company to repurchase shares of its stock through open market purchases. Shares buyback programs are usually a sign that the company’s board believes its stock is undervalued.

Insider Transactions at Leidos

In other Leidos news, Director Noel B. Geer sold 10,000 shares of the company’s stock in a transaction that occurred on Tuesday, August 11th. The stock was sold at an average price of $140.66, for a total value of $1,406,600.00. Following the sale, the director owned 34,274 shares in the company, valued at approximately $4,820,980.84. This represents a 22.59% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Insiders own 0.77% of the company’s stock.

About Leidos

(Free Report)

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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Institutional Ownership by Quarter for Leidos (NYSE:LDOS)

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