Private Advisor Group LLC Has $514,000 Stock Holdings in Leidos Holdings, Inc. $LDOS

Private Advisor Group LLC trimmed its position in Leidos Holdings, Inc. (NYSE:LDOS) by 67.7% during the first quarter, HoldingsChannel.com reports. The fund owned 3,306 shares of the aerospace company’s stock after selling 6,932 shares during the quarter. Private Advisor Group LLC’s holdings in Leidos were worth $514,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the company. State Street Corp lifted its stake in Leidos by 3.7% during the fourth quarter. State Street Corp now owns 6,022,359 shares of the aerospace company’s stock worth $1,086,434,000 after purchasing an additional 217,141 shares during the last quarter. Diamant Asset Management Inc. increased its stake in shares of Leidos by 16,475.4% in the 1st quarter. Diamant Asset Management Inc. now owns 4,156,784 shares of the aerospace company’s stock valued at $646,463,000 after purchasing an additional 4,131,706 shares during the last quarter. Geode Capital Management LLC increased its stake in shares of Leidos by 1.9% in the 4th quarter. Geode Capital Management LLC now owns 3,538,488 shares of the aerospace company’s stock valued at $636,097,000 after purchasing an additional 64,909 shares during the last quarter. Norges Bank acquired a new position in shares of Leidos during the 4th quarter worth $318,839,000. Finally, AQR Capital Management LLC raised its holdings in shares of Leidos by 8.2% during the 3rd quarter. AQR Capital Management LLC now owns 1,551,547 shares of the aerospace company’s stock worth $290,403,000 after buying an additional 117,835 shares in the last quarter. 76.12% of the stock is currently owned by institutional investors and hedge funds.

Leidos Trading Up 0.1%

Shares of LDOS stock opened at $108.27 on Friday. Leidos Holdings, Inc. has a twelve month low of $98.86 and a twelve month high of $205.77. The stock’s fifty day simple moving average is $116.56 and its 200 day simple moving average is $152.55. The company has a quick ratio of 1.29, a current ratio of 1.40 and a debt-to-equity ratio of 1.19. The firm has a market capitalization of $13.62 billion, a P/E ratio of 9.91, a P/E/G ratio of 1.58 and a beta of 0.54.

Leidos (NYSE:LDOS) last posted its earnings results 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 return on equity of 31.92% and a net margin of 8.15%.The firm had revenue of $4.40 billion during the quarter, compared to the consensus estimate of $4.28 billion. During the same period last year, the company earned $2.97 earnings per share. The business’s quarterly revenue was up 3.7% on a year-over-year basis. Leidos has set its FY 2026 guidance at 12.100-12.500 EPS. As a group, sell-side analysts predict that Leidos Holdings, Inc. will post 12.3 EPS for the current fiscal year.

Leidos Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 15th were issued a $0.43 dividend. This represents a $1.72 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date was Monday, June 15th. Leidos’s dividend payout ratio (DPR) is 15.75%.

Insider Transactions at Leidos

In related news, Director Gary Stephen May sold 1,484 shares of Leidos stock in a transaction that occurred on Thursday, May 7th. The shares were sold at an average price of $132.75, for a total transaction of $197,001.00. Following the sale, the director directly owned 10,137 shares in the company, valued at $1,345,686.75. This trade represents a 12.77% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.77% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

LDOS has been the topic of several research analyst reports. Jefferies Financial Group reduced their price objective on Leidos from $140.00 to $110.00 and set a “hold” rating on the stock in a research note on Wednesday, July 1st. Bank of America reissued a “neutral” rating and set a $125.00 target price (down from $200.00) on shares of Leidos in a research note on Wednesday, June 17th. Wells Fargo & Company set a $125.00 price target on shares of Leidos in a research note on Wednesday, June 17th. Stifel Nicolaus decreased their price target on shares of Leidos from $205.00 to $193.00 and set a “hold” rating on the stock in a report on Wednesday, May 6th. Finally, JPMorgan Chase & Co. decreased their price target on shares of Leidos from $210.00 to $160.00 and set an “overweight” rating on the stock in a report on Monday. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and ten have given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $163.80.

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.