Danske Bank A S Grows Stock Holdings in Leidos Holdings, Inc. $LDOS

Danske Bank A S lifted its position in shares of Leidos Holdings, Inc. (NYSE:LDOS) by 10.2% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 87,986 shares of the aerospace company’s stock after buying an additional 8,132 shares during the quarter. Danske Bank A S’s holdings in Leidos were worth $15,873,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. State Street Corp lifted its stake in shares of Leidos by 1.4% during the 3rd quarter. State Street Corp now owns 5,805,218 shares of the aerospace company’s stock valued at $1,096,954,000 after buying an additional 78,534 shares in the last quarter. Van ECK Associates Corp lifted its holdings in Leidos by 6.4% in the 3rd quarter. Van ECK Associates Corp now owns 2,411,312 shares of the aerospace company’s stock worth $455,642,000 after purchasing an additional 145,826 shares in the last quarter. Massachusetts Financial Services Co. MA lifted its holdings in Leidos by 1.8% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 2,221,518 shares of the aerospace company’s stock worth $419,778,000 after purchasing an additional 39,378 shares in the last quarter. Alliancebernstein L.P. lifted its holdings in Leidos by 26.0% in the 3rd quarter. Alliancebernstein L.P. now owns 1,926,646 shares of the aerospace company’s stock worth $364,059,000 after purchasing an additional 397,385 shares in the last quarter. Finally, AQR Capital Management LLC lifted its holdings in Leidos by 8.2% in the 3rd quarter. AQR Capital Management LLC now owns 1,551,547 shares of the aerospace company’s stock worth $290,403,000 after purchasing an additional 117,835 shares in the last quarter. Hedge funds and other institutional investors own 76.12% of the company’s stock.

Analysts Set New Price Targets

LDOS has been the topic of a number of research analyst reports. Robert W. Baird lowered their price target on Leidos from $215.00 to $195.00 and set a “neutral” rating on the stock in a report on Wednesday, February 18th. UBS Group set a $204.00 price target on Leidos in a report on Thursday, January 15th. Citigroup boosted their price target on Leidos from $218.00 to $232.00 and gave the stock a “buy” rating in a report on Tuesday, January 13th. Stifel Nicolaus lowered their price target on Leidos from $220.00 to $205.00 and set a “hold” rating on the stock in a report on Wednesday, February 18th. Finally, Argus raised Leidos to a “strong-buy” rating in a report on Tuesday, March 31st. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $202.82.

Insider Buying and Selling

In related news, insider Elizabeth A. Porter sold 2,000 shares of Leidos stock in a transaction dated Tuesday, April 7th. The stock was sold at an average price of $158.78, for a total value of $317,560.00. Following the completion of the transaction, the insider owned 49,476 shares in the company, valued at approximately $7,855,799.28. This trade represents a 3.89% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.77% of the company’s stock.

Leidos Stock Performance

NYSE:LDOS opened at $149.32 on Monday. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.70 and a quick ratio of 1.58. Leidos Holdings, Inc. has a 1 year low of $139.69 and a 1 year high of $205.77. The stock’s 50 day simple moving average is $162.47 and its two-hundred day simple moving average is $179.28. The company has a market cap of $18.83 billion, a price-to-earnings ratio of 13.42, a PEG ratio of 1.90 and a beta of 0.56.

Leidos (NYSE:LDOS) last released its quarterly earnings data on Tuesday, February 17th. The aerospace company reported $2.76 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.57 by $0.19. Leidos had a return on equity of 32.95% and a net margin of 8.43%.The business had revenue of $4.88 billion for the quarter, compared to the consensus estimate of $4.31 billion. During the same quarter in the previous year, the company posted $2.37 EPS. The company’s revenue was down 3.6% compared to the same quarter last year. Leidos has set its FY 2026 guidance at 12.050-12.450 EPS. As a group, equities analysts anticipate that Leidos Holdings, Inc. will post 12.26 earnings per share for the current fiscal year.

Leidos Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Monday, March 16th were paid a $0.43 dividend. The ex-dividend date of this dividend was Monday, March 16th. This represents a $1.72 dividend on an annualized basis and a yield of 1.2%. Leidos’s payout ratio is presently 15.45%.

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.