Cumberland Partners Ltd Has $2.33 Million Stock Holdings in Leidos Holdings, Inc. $LDOS

Cumberland Partners Ltd trimmed its holdings in Leidos Holdings, Inc. (NYSE:LDOS) by 40.0% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 15,000 shares of the aerospace company’s stock after selling 10,000 shares during the quarter. Cumberland Partners Ltd’s holdings in Leidos were worth $2,333,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Wedmont Private Capital lifted its position in shares of Leidos by 4.6% during the fourth quarter. Wedmont Private Capital now owns 1,171 shares of the aerospace company’s stock worth $230,000 after purchasing an additional 52 shares in the last quarter. Richardson Financial Services Inc. increased its holdings in shares of Leidos by 13.4% in the fourth quarter. Richardson Financial Services Inc. now owns 517 shares of the aerospace company’s stock valued at $93,000 after purchasing an additional 61 shares in the last quarter. Bryn Mawr Trust Advisors LLC lifted its holdings in Leidos by 4.8% during the 4th quarter. Bryn Mawr Trust Advisors LLC now owns 1,337 shares of the aerospace company’s stock worth $241,000 after buying an additional 61 shares in the last quarter. Ritholtz Wealth Management lifted its holdings in Leidos by 0.3% during the 4th quarter. Ritholtz Wealth Management now owns 23,513 shares of the aerospace company’s stock worth $4,242,000 after buying an additional 62 shares in the last quarter. Finally, Cullen Frost Bankers Inc. increased its stake in shares of Leidos by 19.4% in the 4th quarter. Cullen Frost Bankers Inc. now owns 381 shares of the aerospace company’s stock valued at $69,000 after buying an additional 62 shares during the period. Institutional investors and hedge funds own 76.12% of the company’s stock.

Insider Transactions at Leidos

In other news, Director Gary Stephen May sold 1,484 shares of the business’s stock in a transaction dated Thursday, May 7th. The stock was sold at an average price of $132.75, for a total transaction of $197,001.00. Following the completion of the transaction, the director directly 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 0.77% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on LDOS shares. Wells Fargo & Company set a $125.00 price target on Leidos in a research note on Wednesday, June 17th. Truist Financial lowered their price objective on Leidos from $195.00 to $160.00 and set a “buy” rating for the company in a research report on Friday, July 10th. Wall Street Zen raised Leidos from a “hold” rating to a “buy” rating in a report on Thursday, July 16th. Bank of America restated a “neutral” rating and set a $125.00 target price (down from $200.00) on shares of Leidos in a research report on Wednesday, June 17th. Finally, JPMorgan Chase & Co. reduced their target price on shares of Leidos from $210.00 to $160.00 and set an “overweight” rating on the stock in a research note on Monday, July 13th. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and ten have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $163.80.

Leidos Stock Performance

LDOS stock opened at $112.31 on Friday. The business’s fifty day moving average is $114.33 and its 200-day moving average is $149.63. 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 company has a market cap of $14.13 billion, a P/E ratio of 10.29, a price-to-earnings-growth ratio of 1.62 and a beta of 0.54. Leidos Holdings, Inc. has a twelve month low of $98.86 and a twelve month high of $205.77.

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

Leidos Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th were issued a dividend of $0.43 per share. The ex-dividend date was Monday, June 15th. This represents a $1.72 dividend on an annualized basis and a yield of 1.5%. Leidos’s dividend payout ratio (DPR) is 15.75%.

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.