Leidos Holdings, Inc. $LDOS Shares Bought by Cary Street Partners Financial LLC

Cary Street Partners Financial LLC boosted its holdings in shares of Leidos Holdings, Inc. (NYSE:LDOS) by 964.4% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 8,824 shares of the aerospace company’s stock after buying an additional 7,995 shares during the quarter. Cary Street Partners Financial LLC’s holdings in Leidos were worth $1,592,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Wedmont Private Capital raised its holdings in shares of Leidos by 4.6% in the 4th quarter. Wedmont Private Capital now owns 1,171 shares of the aerospace company’s stock valued at $230,000 after purchasing an additional 52 shares in the last quarter. 44 Wealth Management LLC raised its holdings in shares of Leidos by 1.0% in the 3rd quarter. 44 Wealth Management LLC now owns 5,500 shares of the aerospace company’s stock valued at $1,039,000 after purchasing an additional 57 shares in the last quarter. Atlantic Union Bankshares Corp raised its holdings in shares of Leidos by 0.7% in the 3rd quarter. Atlantic Union Bankshares Corp now owns 8,243 shares of the aerospace company’s stock valued at $1,558,000 after purchasing an additional 61 shares in the last quarter. MassMutual Private Wealth & Trust FSB raised its holdings in shares of Leidos by 14.2% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 492 shares of the aerospace company’s stock valued at $89,000 after purchasing an additional 61 shares in the last quarter. Finally, Richardson Financial Services Inc. raised its holdings in shares of Leidos by 13.4% in the 4th quarter. Richardson Financial Services Inc. now owns 517 shares of the aerospace company’s stock valued at $93,000 after purchasing an additional 61 shares in the last quarter. 76.12% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Leidos

In other Leidos news, Director Gary Stephen May sold 1,484 shares of Leidos stock in a transaction dated Thursday, May 7th. The shares were sold at an average price of $132.75, for a total transaction of $197,001.00. Following the completion of the transaction, the director owned 10,137 shares in the company, valued at approximately $1,345,686.75. The trade was a 12.77% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, 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 transaction of $317,560.00. Following the sale, the insider owned 49,476 shares of the company’s stock, valued at approximately $7,855,799.28. This trade represents a 3.89% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.77% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently commented on the stock. Robert W. Baird dropped their target price on shares of Leidos from $215.00 to $195.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 18th. Bank of America dropped their target price on shares of Leidos from $235.00 to $200.00 and set a “buy” rating on the stock in a research report on Tuesday, April 21st. Jefferies Financial Group set a $185.00 target price on shares of Leidos in a research report on Wednesday, April 8th. Weiss Ratings downgraded shares of Leidos from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, May 6th. Finally, Wells Fargo & Company assumed coverage on shares of Leidos in a research report on Wednesday, April 1st. They issued an “equal weight” rating and a $165.00 target price on the stock. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $191.25.

Leidos Stock Up 0.7%

LDOS stock opened at $131.49 on Friday. Leidos Holdings, Inc. has a one year low of $121.20 and a one year high of $205.77. The stock has a market capitalization of $16.54 billion, a PE ratio of 12.04, a price-to-earnings-growth ratio of 1.66 and a beta of 0.56. The company has a debt-to-equity ratio of 1.19, a quick ratio of 1.29 and a current ratio of 1.40. The company has a fifty day moving average of $145.73 and a 200-day moving average of $171.30.

Leidos (NYSE:LDOS) last announced its quarterly earnings data on Tuesday, May 5th. The aerospace company reported $3.13 EPS 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 firm had revenue of $4.40 billion during the quarter, compared to analysts’ expectations of $4.28 billion. During the same quarter last year, the business earned $2.97 earnings per share. The business’s revenue for the quarter was up 3.7% compared to the same quarter last year. Leidos has set its FY 2026 guidance at 12.100-12.500 EPS. As a group, analysts expect that Leidos Holdings, Inc. will post 12.25 EPS for the current year.

Leidos Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th will be given a dividend of $0.43 per share. The ex-dividend date is Monday, June 15th. This represents a $1.72 dividend on an annualized basis and a yield of 1.3%. Leidos’s payout ratio 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.