First National Bank of Omaha Acquires Shares of 19,491 Leidos Holdings, Inc. $LDOS

First National Bank of Omaha acquired a new position in shares of Leidos Holdings, Inc. (NYSE:LDOS) during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 19,491 shares of the aerospace company’s stock, valued at approximately $2,007,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. BlackRock Inc. bought a new stake in shares of Leidos in the 2nd quarter valued at approximately $1,024,436,000. Diamant Asset Management Inc. raised its holdings in Leidos by 16,475.4% during the 1st quarter. Diamant Asset Management Inc. now owns 4,156,784 shares of the aerospace company’s stock valued at $646,463,000 after buying an additional 4,131,706 shares during the period. Norges Bank bought a new stake in Leidos in the fourth quarter worth $318,839,000. SG Americas Securities LLC lifted its position in Leidos by 998.6% in the first quarter. SG Americas Securities LLC now owns 1,097,724 shares of the aerospace company’s stock worth $170,718,000 after buying an additional 997,807 shares during the last quarter. Finally, Deutsche Bank AG purchased a new position in Leidos during the second quarter worth $68,998,000. 76.12% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In related news, Director Noel B. Geer sold 10,000 shares of Leidos stock in a transaction dated Tuesday, August 11th. The stock was sold at an average price of $140.66, for a total transaction of $1,406,600.00. Following the completion of the sale, the director owned 34,274 shares of the company’s stock, valued at $4,820,980.84. The trade was a 22.59% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 0.77% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on LDOS shares. Truist Financial reduced their price objective on shares of Leidos from $195.00 to $160.00 and set a “buy” rating on the stock in a research report on Friday, July 10th. Wells Fargo & Company set a $165.00 target price on Leidos in a research report on Monday. Stifel Nicolaus cut their target price on Leidos from $205.00 to $193.00 and set a “hold” rating on the stock in a research note on Wednesday, May 6th. Royal Bank Of Canada reduced their price target on Leidos from $180.00 to $170.00 and set an “outperform” rating on the stock in a report on Wednesday, August 5th. Finally, JPMorgan Chase & Co. decreased their price target on Leidos from $210.00 to $160.00 and set an “overweight” rating for the company in a research note on Monday, July 13th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and ten have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $162.93.

Leidos Stock Up 2.0%

Leidos stock opened at $146.34 on Thursday. The business has a fifty day moving average of $116.32 and a two-hundred day moving average of $141.52. The company has a quick ratio of 1.60, a current ratio of 1.63 and a debt-to-equity ratio of 1.13. The firm has a market cap of $18.36 billion, a P/E ratio of 13.65, a P/E/G ratio of 2.09 and a beta of 0.52. Leidos Holdings, Inc. has a twelve month low of $98.86 and a twelve month high of $205.77.

Leidos (NYSE:LDOS) last released its quarterly earnings results on Tuesday, August 4th. The aerospace company reported $3.26 earnings per share for the quarter, beating analysts’ consensus estimates of $2.91 by $0.35. Leidos had a net margin of 7.80% and a return on equity of 30.81%. The business had revenue of $4.56 billion for the quarter, compared to analysts’ expectations of $4.44 billion. During the same period last year, the business earned $3.21 EPS. The company’s revenue was up 7.2% compared to the same quarter last year. Leidos has set its FY 2026 guidance at 12.200-12.500 EPS. On average, analysts forecast that Leidos Holdings, Inc. will post 12.38 earnings per share for the current fiscal year.

Leidos declared that its board has initiated a stock repurchase plan on Friday, July 31st that permits the company to repurchase 20,000,000 shares. This repurchase authorization permits the aerospace company to repurchase shares of its stock through open market purchases. Stock repurchase plans are generally an indication that the company’s board of directors believes its stock is undervalued.

Leidos Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be given a dividend of $0.43 per share. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $1.72 dividend on an annualized basis and a yield of 1.2%. Leidos’s payout ratio is currently 16.04%.

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.