Candriam S.C.A. Takes Position in Leidos Holdings, Inc. $LDOS

Candriam S.C.A. purchased a new position in shares of Leidos Holdings, Inc. (NYSE:LDOS) in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 6,094 shares of the aerospace company’s stock, valued at approximately $948,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Sequoia Financial Advisors LLC increased its position in Leidos by 28.6% during the 1st quarter. Sequoia Financial Advisors LLC now owns 4,810 shares of the aerospace company’s stock worth $748,000 after purchasing an additional 1,070 shares during the period. Cedar Mountain Advisors LLC boosted its stake in shares of Leidos by 5,620.0% in the first quarter. Cedar Mountain Advisors LLC now owns 286 shares of the aerospace company’s stock valued at $44,000 after buying an additional 281 shares in the last quarter. Hsbc Holdings PLC boosted its stake in shares of Leidos by 31.1% in the first quarter. Hsbc Holdings PLC now owns 281,709 shares of the aerospace company’s stock valued at $43,820,000 after buying an additional 66,839 shares in the last quarter. Kestra Advisory Services LLC grew its holdings in Leidos by 2.6% during the first quarter. Kestra Advisory Services LLC now owns 11,058 shares of the aerospace company’s stock worth $1,720,000 after acquiring an additional 284 shares during the period. Finally, Resona Asset Management Co. Ltd. grew its holdings in Leidos by 1.3% during the first quarter. Resona Asset Management Co. Ltd. now owns 37,379 shares of the aerospace company’s stock worth $5,804,000 after acquiring an additional 480 shares during the period. Institutional investors and hedge funds own 76.12% of the company’s stock.

Leidos Trading Up 1.6%

NYSE:LDOS opened at $108.22 on Thursday. Leidos Holdings, Inc. has a 52-week low of $98.86 and a 52-week high of $205.77. The company has a quick ratio of 1.29, a current ratio of 1.40 and a debt-to-equity ratio of 1.19. The stock has a fifty day simple moving average of $117.02 and a 200-day simple moving average of $153.10. The company has a market capitalization of $13.61 billion, a PE ratio of 9.91, a price-to-earnings-growth ratio of 1.56 and a beta of 0.54.

Leidos (NYSE:LDOS) last issued its quarterly earnings data on Tuesday, May 5th. The aerospace company reported $3.13 EPS for the quarter, beating analysts’ consensus estimates of $2.88 by $0.25. The firm had revenue of $4.40 billion for the quarter, compared to analysts’ expectations of $4.28 billion. Leidos had a net margin of 8.15% and a return on equity of 31.92%. The firm’s revenue was up 3.7% on a year-over-year basis. During the same period in the prior year, the company earned $2.97 EPS. Leidos has set its FY 2026 guidance at 12.100-12.500 EPS. On average, equities research analysts expect that Leidos Holdings, Inc. will post 12.3 earnings per share for the current fiscal year.

Leidos Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 15th were given a dividend of $0.43 per share. This represents a $1.72 annualized dividend and a dividend yield of 1.6%. The ex-dividend date was Monday, June 15th. Leidos’s payout ratio is currently 15.75%.

Insider Transactions at Leidos

In related news, Director Gary Stephen May sold 1,484 shares of the company’s stock in a transaction that occurred on Thursday, May 7th. The stock was sold at an average price of $132.75, for a total value of $197,001.00. Following the sale, the director owned 10,137 shares of the company’s stock, valued at approximately $1,345,686.75. This represents a 12.77% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.77% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on LDOS shares. Wells Fargo & Company set a $125.00 price target on shares of Leidos in a research note on Wednesday, June 17th. JPMorgan Chase & Co. reduced their price objective on shares of Leidos from $210.00 to $160.00 and set an “overweight” rating for the company in a research note on Monday. Citigroup decreased their price objective on shares of Leidos from $178.00 to $138.00 and set a “buy” rating on the stock in a report on Wednesday, July 1st. TD Cowen lowered their target price on shares of Leidos from $160.00 to $115.00 and set a “hold” rating on the stock in a research report on Tuesday, July 7th. Finally, Weiss Ratings downgraded shares of Leidos from a “hold (c+)” rating to a “hold (c)” rating in a research report on Monday, June 8th. 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. According to data from MarketBeat, Leidos currently has a consensus rating of “Hold” and an average price target of $163.80.

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.