Deutsche Bank AG Makes New $69 Million Investment in Leidos Holdings, Inc. $LDOS

Deutsche Bank AG bought a new stake in Leidos Holdings, Inc. (NYSE:LDOS) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm bought 670,075 shares of the aerospace company’s stock, valued at approximately $68,998,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Bryn Mawr Trust Advisors LLC boosted its position in shares of 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 acquiring an additional 61 shares in the last quarter. Cullen Frost Bankers Inc. raised its position in Leidos by 19.4% during the fourth quarter. Cullen Frost Bankers Inc. now owns 381 shares of the aerospace company’s stock valued at $69,000 after purchasing an additional 62 shares in the last quarter. Keybank National Association OH raised its position in Leidos by 3.6% during the fourth quarter. Keybank National Association OH now owns 1,855 shares of the aerospace company’s stock valued at $335,000 after purchasing an additional 65 shares in the last quarter. N.E.W. Advisory Services LLC lifted its stake in Leidos by 17.2% during the fourth quarter. N.E.W. Advisory Services LLC now owns 469 shares of the aerospace company’s stock worth $85,000 after purchasing an additional 69 shares during the last quarter. Finally, Glenmede Investment Management LP lifted its stake in Leidos by 3.2% during the third quarter. Glenmede Investment Management LP now owns 2,240 shares of the aerospace company’s stock worth $423,000 after purchasing an additional 69 shares during the last quarter. 76.12% of the stock is currently owned by institutional investors and hedge funds.

Leidos Stock Down 3.4%

Shares of NYSE:LDOS opened at $141.34 on Friday. Leidos Holdings, Inc. has a 52-week low of $98.86 and a 52-week high of $205.77. The company has a market capitalization of $17.74 billion, a PE ratio of 13.18, a price-to-earnings-growth ratio of 2.13 and a beta of 0.52. The company has a debt-to-equity ratio of 1.13, a quick ratio of 1.60 and a current ratio of 1.63. The company has a fifty day moving average of $116.71 and a 200-day moving average of $141.19.

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

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

Leidos Announces Dividend

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

Insider Activity

In other news, Director Noel B. Geer sold 10,000 shares of the company’s stock in a transaction that occurred on Tuesday, August 11th. The stock was sold at an average price of $140.66, for a total value of $1,406,600.00. Following the completion of the transaction, the director owned 34,274 shares of the company’s stock, valued at $4,820,980.84. This represents a 22.59% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. 0.77% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the company. Jefferies Financial Group reiterated a “hold” rating and issued a $145.00 price target on shares of Leidos in a research note on Sunday, August 9th. Royal Bank Of Canada dropped their price objective on Leidos from $180.00 to $170.00 and set an “outperform” rating for the company in a research report on Wednesday, August 5th. Wells Fargo & Company set a $165.00 price objective on Leidos 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. Finally, Wall Street Zen raised shares of Leidos from a “hold” rating to a “buy” rating in a report on Thursday, July 16th. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and ten have given a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $162.93.

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.