56,125 Shares in Leidos Holdings, Inc. $LDOS Acquired by Corient Private Wealth LP

Corient Private Wealth LP acquired a new stake in Leidos Holdings, Inc. (NYSE:LDOS) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 56,125 shares of the aerospace company’s stock, valued at approximately $5,779,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Longview Financial Advisors Inc. purchased a new stake in Leidos in the first quarter worth $26,000. Hantz Financial Services Inc. lifted its position in shares of Leidos by 94.7% during the 4th quarter. Hantz Financial Services Inc. now owns 148 shares of the aerospace company’s stock valued at $27,000 after buying an additional 72 shares during the last quarter. Hilton Head Capital Partners LLC bought a new position in shares of Leidos during the 4th quarter worth $28,000. Kelleher Financial Advisors bought a new position in shares of Leidos during the 2nd quarter worth $28,000. Finally, Wexford Capital LP purchased a new stake in Leidos in the 3rd quarter worth about $32,000. 76.12% of the stock is owned by institutional investors.

Analysts Set New Price Targets

LDOS has been the topic of a number of research reports. JPMorgan Chase & Co. lowered their price objective on Leidos from $210.00 to $160.00 and set an “overweight” rating on the stock in a research note on Monday, July 13th. TD Cowen lifted their target price on shares of Leidos from $115.00 to $135.00 and gave the stock a “hold” rating in a research note on Friday, August 7th. Truist Financial lowered their price target 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. Wall Street Zen upgraded shares of Leidos from a “hold” rating to a “buy” rating in a research note on Thursday, July 16th. Finally, UBS Group raised their price objective on shares of Leidos from $124.00 to $138.00 and gave the stock a “neutral” rating in a report on Wednesday, August 5th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and ten have given a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $162.93.

Leidos Stock Up 0.0%

LDOS opened at $140.73 on Tuesday. The firm has a market capitalization of $17.66 billion, a P/E ratio of 13.13, a price-to-earnings-growth ratio of 2.05 and a beta of 0.52. Leidos Holdings, Inc. has a one year low of $98.86 and a one year high of $205.77. The company has a fifty day moving average price of $120.61 and a 200-day moving average price of $138.65. The company has a debt-to-equity ratio of 1.13, a current ratio of 1.63 and a quick ratio of 1.60.

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

Leidos Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be issued a $0.43 dividend. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $1.72 annualized dividend and a dividend yield of 1.2%. Leidos’s dividend payout ratio (DPR) is presently 16.04%.

Leidos announced that its Board of Directors has authorized a share repurchase plan on Friday, July 31st that authorizes the company to repurchase 20,000,000 outstanding shares. This repurchase authorization authorizes the aerospace company to repurchase shares of its stock through open market purchases. Shares repurchase plans are usually a sign that the company’s board of directors believes its stock is undervalued.

Insider Activity

In other 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 in the company, valued at approximately $4,820,980.84. This trade represents a 22.59% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 0.77% of the company’s stock.

Leidos 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.