Leidos Holdings, Inc. $LDOS Shares Purchased by TD Asset Management Inc

TD Asset Management Inc lifted its holdings in Leidos Holdings, Inc. (NYSE:LDOSFree Report) by 15.1% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 92,819 shares of the aerospace company’s stock after purchasing an additional 12,153 shares during the period. TD Asset Management Inc’s holdings in Leidos were worth $16,745,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in LDOS. Norges Bank acquired a new position in shares of Leidos in the fourth quarter valued at approximately $318,839,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new position in shares of Leidos in the third quarter valued at approximately $242,464,000. Alliancebernstein L.P. grew its holdings 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 valued at $241,256,000 after purchasing an additional 598,974 shares in the last quarter. M&T Bank Corp grew its holdings 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 valued at $73,095,000 after purchasing an additional 391,784 shares in the last quarter. Finally, Wedge Capital Management L L P NC grew its holdings in shares of Leidos by 663.3% in the fourth quarter. Wedge Capital Management L L P NC now owns 355,824 shares of the aerospace company’s stock valued at $64,191,000 after purchasing an additional 309,206 shares in the last quarter. Institutional investors and hedge funds own 76.12% of the company’s stock.

Insider Activity at Leidos

In other news, Director Gary Stephen May sold 1,484 shares of the business’s stock in a transaction that occurred on Thursday, May 7th. The shares were 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 approximately $1,345,686.75. The trade was a 12.77% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Elizabeth A. Porter sold 2,000 shares of the business’s stock in a transaction that occurred on Tuesday, April 7th. The stock was sold at an average price of $158.78, for a total transaction of $317,560.00. Following the sale, the insider owned 49,476 shares of the company’s stock, valued at $7,855,799.28. This represents a 3.89% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.77% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several research firms have commented on LDOS. Weiss Ratings cut shares of Leidos from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, May 6th. Jefferies Financial Group cut shares of Leidos from a “buy” rating to a “hold” rating and lowered their price target for the stock from $185.00 to $140.00 in a report on Wednesday, June 3rd. Bank of America lowered their price target on shares of Leidos from $235.00 to $200.00 and set a “buy” rating for the company in a report on Tuesday, April 21st. Royal Bank Of Canada lowered their price target on shares of Leidos from $215.00 to $180.00 and set an “outperform” rating for the company in a report on Wednesday, May 6th. Finally, Wells Fargo & Company began coverage on shares of Leidos in a report on Wednesday, April 1st. They set an “equal weight” rating and a $165.00 price target for the company. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat.com, Leidos currently has an average rating of “Moderate Buy” and an average price target of $187.50.

Read Our Latest Stock Report on LDOS

Leidos Stock Down 1.4%

Shares of NYSE:LDOS opened at $122.70 on Tuesday. The company has a market capitalization of $15.43 billion, a PE ratio of 11.24, a P/E/G ratio of 1.58 and a beta of 0.51. The company has a current ratio of 1.40, a quick ratio of 1.29 and a debt-to-equity ratio of 1.19. Leidos Holdings, Inc. has a twelve month low of $121.20 and a twelve month high of $205.77. The firm has a 50 day simple moving average of $140.60 and a 200-day simple moving average of $167.99.

Leidos (NYSE:LDOSGet Free Report) last issued its quarterly earnings data on Tuesday, May 5th. The aerospace company reported $3.13 earnings per share for the quarter, topping the consensus estimate of $2.88 by $0.25. The business had revenue of $4.40 billion during the quarter, compared to the consensus estimate of $4.28 billion. Leidos had a net margin of 8.15% and a return on equity of 31.92%. The company’s revenue was up 3.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.97 EPS. Leidos has set its FY 2026 guidance at 12.100-12.500 EPS. On average, equities analysts predict that Leidos Holdings, Inc. will post 12.25 EPS for the current fiscal year.

Leidos Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be given a dividend of $0.43 per share. This represents a $1.72 annualized dividend and a dividend yield of 1.4%. The ex-dividend date is Monday, June 15th. Leidos’s payout ratio is currently 15.75%.

Leidos Company Profile

(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.

See Also

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Institutional Ownership by Quarter for Leidos (NYSE:LDOS)

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