Cumberland Partners Ltd Purchases 15,000 Shares of Leidos Holdings, Inc. $LDOS

Cumberland Partners Ltd boosted its position in shares of Leidos Holdings, Inc. (NYSE:LDOS) by 150.0% in the 4th quarter, HoldingsChannel reports. The firm owned 25,000 shares of the aerospace company’s stock after buying an additional 15,000 shares during the period. Cumberland Partners Ltd’s holdings in Leidos were worth $4,510,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Allianz Asset Management GmbH lifted its holdings in Leidos by 20.1% during the 3rd quarter. Allianz Asset Management GmbH now owns 339,972 shares of the aerospace company’s stock valued at $64,241,000 after purchasing an additional 56,905 shares during the last quarter. LBP AM SA lifted its holdings in Leidos by 43.8% during the 3rd quarter. LBP AM SA now owns 63,211 shares of the aerospace company’s stock valued at $11,944,000 after purchasing an additional 19,268 shares during the last quarter. M&T Bank Corp lifted its holdings in Leidos by 2,924.4% during the 4th quarter. M&T Bank Corp now owns 405,181 shares of the aerospace company’s stock valued at $73,095,000 after purchasing an additional 391,784 shares during the last quarter. Hudson Bay Capital Management LP bought a new position in Leidos during the 3rd quarter valued at about $1,621,000. Finally, United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund lifted its holdings in Leidos by 120.4% during the 3rd quarter. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund now owns 11,900 shares of the aerospace company’s stock valued at $2,249,000 after purchasing an additional 6,500 shares during the last quarter. 76.12% of the stock is owned by institutional investors.

Insider Buying and Selling

In other Leidos news, Director Gary Stephen May sold 1,484 shares of the firm’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 transaction, the director directly owned 10,137 shares of the company’s stock, valued at approximately $1,345,686.75. This trade represents a 12.77% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Elizabeth A. Porter sold 2,000 shares of the firm’s stock in a transaction that occurred on Tuesday, April 7th. The shares were sold at an average price of $158.78, for a total transaction of $317,560.00. Following the completion of the transaction, the insider directly owned 49,476 shares in the company, valued at approximately $7,855,799.28. The trade was a 3.89% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.77% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several research firms have weighed in on LDOS. Wells Fargo & Company began coverage on shares of Leidos in a research report on Wednesday, April 1st. They issued an “equal weight” rating and a $165.00 price objective for the company. Wall Street Zen cut shares of Leidos from a “buy” rating to a “hold” rating in a research report on Saturday, May 16th. Robert W. Baird lowered their price objective on shares of Leidos from $215.00 to $195.00 and set a “neutral” rating for the company in a research report on Wednesday, February 18th. Citigroup lowered their price objective on shares of Leidos from $232.00 to $178.00 and set a “buy” rating for the company in a research report on Thursday, May 7th. Finally, Bank of America lowered their price objective on shares of Leidos from $235.00 to $200.00 and set a “buy” rating for the company in a research report on Tuesday, April 21st. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $193.64.

Leidos Stock Up 2.5%

Shares of NYSE:LDOS opened at $126.11 on Friday. The company has a debt-to-equity ratio of 1.19, a current ratio of 1.40 and a quick ratio of 1.29. The stock has a market cap of $15.86 billion, a price-to-earnings ratio of 11.55, a P/E/G ratio of 1.56 and a beta of 0.56. The company has a 50 day moving average of $149.09 and a 200-day moving average of $173.34. Leidos Holdings, Inc. has a one year low of $121.20 and a one year high of $205.77.

Leidos (NYSE:LDOS) last announced its quarterly earnings data on Tuesday, May 5th. The aerospace company reported $3.13 earnings per share 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 business had revenue of $4.40 billion for the quarter, compared to analyst estimates of $4.28 billion. During the same period in the prior year, the business posted $2.97 earnings per share. Leidos’s revenue 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, sell-side analysts forecast that Leidos Holdings, Inc. will post 12.25 earnings per share for the current year.

Leidos Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th will be paid a $0.43 dividend. The ex-dividend date of this dividend is Monday, June 15th. This represents a $1.72 dividend on an annualized basis and a yield of 1.4%. Leidos’s dividend payout ratio (DPR) is presently 15.75%.

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.