American Century Companies Inc. Increases Position in Leidos Holdings, Inc. $LDOS

American Century Companies Inc. increased its position in shares of Leidos Holdings, Inc. (NYSE:LDOS) by 2.2% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 147,905 shares of the aerospace company’s stock after purchasing an additional 3,199 shares during the period. American Century Companies Inc.’s holdings in Leidos were worth $27,948,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Allianz Asset Management GmbH increased its stake in Leidos by 20.1% in the 3rd quarter. Allianz Asset Management GmbH now owns 339,972 shares of the aerospace company’s stock worth $64,241,000 after buying an additional 56,905 shares in the last quarter. LBP AM SA lifted its position in shares of Leidos by 43.8% in the third quarter. LBP AM SA now owns 63,211 shares of the aerospace company’s stock valued at $11,944,000 after acquiring an additional 19,268 shares in the last quarter. Synergy Asset Management LLC lifted its position in shares of Leidos by 100.0% in the third quarter. Synergy Asset Management LLC now owns 233,470 shares of the aerospace company’s stock valued at $44,116,000 after acquiring an additional 116,735 shares in the last quarter. Bank of Nova Scotia boosted its stake in shares of Leidos by 1,353.1% in the second quarter. Bank of Nova Scotia now owns 165,003 shares of the aerospace company’s stock worth $26,031,000 after acquiring an additional 153,648 shares during the period. Finally, Vestmark Advisory Solutions Inc. bought a new position in shares of Leidos in the second quarter worth about $1,026,000. Hedge funds and other institutional investors own 76.12% of the company’s stock.

Insider Activity

In other news, insider Elizabeth A. Porter sold 3,000 shares of the stock in a transaction on Tuesday, January 20th. The stock was sold at an average price of $192.21, for a total transaction of $576,630.00. Following the completion of the sale, the insider owned 38,575 shares in the company, valued at approximately $7,414,500.75. This represents a 7.22% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 0.69% of the company’s stock.

Analyst Ratings Changes

Several analysts recently issued reports on the company. Citigroup lifted their target price on Leidos from $218.00 to $232.00 and gave the company a “buy” rating in a research note on Tuesday, January 13th. Jefferies Financial Group restated a “buy” rating and issued a $215.00 price target on shares of Leidos in a research note on Monday, February 23rd. Royal Bank Of Canada cut their price objective on shares of Leidos from $230.00 to $215.00 and set an “outperform” rating for the company in a report on Wednesday, February 18th. Weiss Ratings reiterated a “buy (b)” rating on shares of Leidos in a research report on Monday, December 29th. Finally, Robert W. Baird lowered their target price on shares of Leidos from $215.00 to $195.00 and set a “neutral” rating on the stock in a report on Wednesday, February 18th. Nine investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $214.18.

Leidos Stock Up 1.4%

Shares of NYSE LDOS opened at $178.10 on Monday. The firm has a 50-day simple moving average of $184.76 and a two-hundred day simple moving average of $186.59. Leidos Holdings, Inc. has a 1 year low of $128.32 and a 1 year high of $205.77. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.70 and a quick ratio of 1.58. The company has a market cap of $22.51 billion, a P/E ratio of 16.00, a PEG ratio of 1.26 and a beta of 0.63.

Leidos (NYSE:LDOS) last issued its quarterly earnings data on Tuesday, February 17th. The aerospace company reported $2.76 earnings per share for the quarter, beating analysts’ consensus estimates of $2.57 by $0.19. The company had revenue of $4.21 billion for the quarter, compared to the consensus estimate of $4.31 billion. Leidos had a return on equity of 32.95% and a net margin of 8.43%.The firm’s revenue for the quarter was down 3.6% compared to the same quarter last year. During the same quarter last year, the company earned $2.37 earnings per share. Leidos has set its FY 2026 guidance at 12.050-12.450 EPS. Research analysts anticipate that Leidos Holdings, Inc. will post 10.62 earnings per share for the current year.

Leidos Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Monday, March 16th will be given a dividend of $0.43 per share. The ex-dividend date of this dividend is Monday, March 16th. This represents a $1.72 dividend on an annualized basis and a dividend yield of 1.0%. Leidos’s dividend payout ratio is presently 15.45%.

Leidos 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.