Leidos Holdings, Inc. (NYSE:LDOS) Given Consensus Recommendation of “Hold” by Brokerages

Leidos Holdings, Inc. (NYSE:LDOS) has been assigned a consensus recommendation of “Hold” from the seventeen ratings firms that are presently covering the stock, Marketbeat Ratings reports. Ten equities research analysts have rated the stock with a hold recommendation, six have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year price target among brokers that have covered the stock in the last year is $163.80.

Several research firms have issued reports on LDOS. Argus raised Leidos to a “strong-buy” rating in a research note on Tuesday, March 31st. Royal Bank Of Canada decreased their price target on Leidos from $215.00 to $180.00 and set an “outperform” rating on the stock in a research note on Wednesday, May 6th. Weiss Ratings cut Leidos from a “hold (c+)” rating to a “hold (c)” rating in a report on Monday, June 8th. The Goldman Sachs Group cut their price objective on Leidos from $171.00 to $152.00 and set a “neutral” rating for the company in a research report on Tuesday, July 14th. Finally, JPMorgan Chase & Co. reduced their price objective on shares of Leidos from $210.00 to $160.00 and set an “overweight” rating on the stock in a report on Monday, July 13th.

Insider Buying and Selling 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 value of $197,001.00. Following the sale, the director directly owned 10,137 shares of the company’s stock, valued at approximately $1,345,686.75. The trade was a 12.77% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.77% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Leidos

Hedge funds have recently made changes to their positions in the stock. State Street Corp increased its holdings in Leidos by 3.7% in the 4th quarter. State Street Corp now owns 6,022,359 shares of the aerospace company’s stock valued at $1,086,434,000 after purchasing an additional 217,141 shares during the last quarter. Diamant Asset Management Inc. lifted its stake in 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 worth $646,463,000 after purchasing an additional 4,131,706 shares in the last quarter. Geode Capital Management LLC lifted its stake in Leidos by 1.9% during the fourth quarter. Geode Capital Management LLC now owns 3,538,488 shares of the aerospace company’s stock worth $636,097,000 after purchasing an additional 64,909 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in shares of Leidos by 2.6% during the first quarter. Dimensional Fund Advisors LP now owns 1,859,616 shares of the aerospace company’s stock worth $289,193,000 after buying an additional 47,542 shares during the period. Finally, Norges Bank purchased a new position in shares of Leidos during the fourth quarter worth $318,839,000. Hedge funds and other institutional investors own 76.12% of the company’s stock.

Leidos Stock Performance

Leidos stock opened at $107.31 on Thursday. The firm has a 50 day simple moving average of $114.87 and a 200-day simple moving average of $150.41. The stock has a market cap of $13.50 billion, a price-to-earnings ratio of 9.83, a price-to-earnings-growth ratio of 1.54 and a beta of 0.54. The company has a debt-to-equity ratio of 1.19, a current ratio of 1.40 and a quick ratio of 1.29. Leidos has a 1-year low of $98.86 and a 1-year high of $205.77.

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

Leidos Announces Dividend

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

About Leidos

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.