Diversified Trust Co Grows Holdings in Leidos Holdings, Inc. $LDOS

Diversified Trust Co raised its position in shares of Leidos Holdings, Inc. (NYSE:LDOS) by 106.4% during the 1st quarter, Holdings Channel.com reports. The firm owned 12,244 shares of the aerospace company’s stock after purchasing an additional 6,312 shares during the period. Diversified Trust Co’s holdings in Leidos were worth $1,904,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. State Street Corp increased its stake in shares of Leidos by 3.7% in the fourth quarter. State Street Corp now owns 6,022,359 shares of the aerospace company’s stock worth $1,086,434,000 after purchasing an additional 217,141 shares in the last quarter. Geode Capital Management LLC lifted its stake in shares of Leidos by 1.9% during the 4th quarter. Geode Capital Management LLC now owns 3,538,488 shares of the aerospace company’s stock valued at $636,097,000 after buying an additional 64,909 shares in the last quarter. Van ECK Associates Corp lifted its stake in shares of Leidos by 6.4% during the 3rd quarter. Van ECK Associates Corp now owns 2,411,312 shares of the aerospace company’s stock valued at $455,642,000 after buying an additional 145,826 shares in the last quarter. Alliancebernstein L.P. lifted its stake in shares of Leidos by 26.0% during the 3rd quarter. Alliancebernstein L.P. now owns 1,926,646 shares of the aerospace company’s stock valued at $364,059,000 after buying an additional 397,385 shares in the last quarter. Finally, Norges Bank bought a new position in Leidos in the 4th quarter worth $318,839,000. 76.12% of the stock is currently owned by institutional investors.

Leidos Trading Down 1.8%

Shares of Leidos stock opened at $105.23 on Tuesday. Leidos Holdings, Inc. has a twelve month low of $101.09 and a twelve month 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 business has a 50-day moving average price of $132.06 and a 200-day moving average price of $162.77. The firm has a market cap of $13.24 billion, a price-to-earnings ratio of 9.64, a PEG ratio of 1.58 and a beta of 0.51.

Leidos (NYSE:LDOS) last posted its earnings results on Tuesday, May 5th. The aerospace company reported $3.13 EPS for the quarter, topping analysts’ consensus estimates of $2.88 by $0.25. The company had revenue of $4.40 billion for the quarter, compared to the consensus estimate of $4.28 billion. Leidos had a return on equity of 31.92% and a net margin of 8.15%.The firm’s revenue for the quarter was up 3.7% on a year-over-year basis. During the same period in the previous year, the business earned $2.97 earnings per share. Leidos has set its FY 2026 guidance at 12.100-12.500 EPS. Equities research analysts anticipate that Leidos Holdings, Inc. will post 12.25 EPS for the current fiscal year.

Leidos Announces Dividend

The company also recently announced 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 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date is Monday, June 15th. Leidos’s dividend payout ratio is currently 15.75%.

Insiders Place Their Bets

In related news, Director Gary Stephen May sold 1,484 shares of the company’s stock in a transaction 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 sale, the director owned 10,137 shares of the company’s stock, valued at $1,345,686.75. This represents a 12.77% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Elizabeth A. Porter sold 2,000 shares of the stock in a transaction on Tuesday, April 7th. The shares were sold at an average price of $158.78, for a total transaction of $317,560.00. Following the transaction, the insider owned 49,476 shares of the company’s stock, valued at $7,855,799.28. This trade represents a 3.89% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.77% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the company. Truist Financial cut their price target on Leidos from $220.00 to $195.00 and set a “buy” rating for the company in a research note on Monday, April 20th. Wall Street Zen lowered Leidos from a “buy” rating to a “hold” rating in a research note on Monday. Weiss Ratings downgraded Leidos from a “hold (c+)” rating to a “hold (c)” rating in a research note on Monday, June 8th. Citigroup cut Leidos from a “buy” rating to a “neutral” rating in a report on Wednesday, June 17th. Finally, Argus upgraded Leidos to a “strong-buy” rating in a research note on Tuesday, March 31st. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat.com, Leidos currently has an average rating of “Hold” and an average target price of $177.92.

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.