Leidos (NYSE:LDOS) Upgraded by Wells Fargo & Company to Hold Rating

Wells Fargo & Company upgraded shares of Leidos (NYSE:LDOS) to a hold rating in a research report released on Tuesday morning,Zacks.com reports.

LDOS has been the subject of several other reports. Wall Street Zen lowered shares of Leidos from a “strong-buy” rating to a “hold” rating in a report on Saturday, February 21st. UBS Group set a $204.00 price target on shares of Leidos in a report on Thursday, January 15th. Weiss Ratings restated a “buy (b)” rating on shares of Leidos in a research report on Monday, December 29th. Stifel Nicolaus cut their price objective on shares of Leidos from $220.00 to $205.00 and set a “hold” rating for the company in a report on Wednesday, February 18th. Finally, Robert W. Baird decreased 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. One research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Leidos presently has a consensus rating of “Moderate Buy” and a consensus price target of $211.00.

Leidos Stock Up 0.3%

Shares of LDOS opened at $155.95 on Tuesday. Leidos has a 52 week low of $128.32 and a 52 week high of $205.77. The company has a quick ratio of 1.58, a current ratio of 1.70 and a debt-to-equity ratio of 0.93. The company has a market capitalization of $19.67 billion, a price-to-earnings ratio of 14.01, a PEG ratio of 1.10 and a beta of 0.65. The stock’s 50-day moving average price is $175.22 and its 200-day moving average price is $184.53.

Leidos (NYSE:LDOS) last announced its quarterly earnings results on Tuesday, February 17th. The aerospace company reported $2.76 earnings per share for the quarter, beating the consensus estimate of $2.57 by $0.19. Leidos had a return on equity of 32.95% and a net margin of 8.43%.The company had revenue of $4.88 billion during the quarter, compared to analysts’ expectations of $4.31 billion. During the same period last year, the business earned $2.37 earnings per share. Leidos’s quarterly revenue was down 3.6% on a year-over-year basis. Leidos has set its FY 2026 guidance at 12.050-12.450 EPS. On average, sell-side analysts predict that Leidos will post 10.62 EPS for the current year.

Leidos Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Investors 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 1.1%. Leidos’s dividend payout ratio (DPR) is currently 15.45%.

Insiders Place Their Bets

In other Leidos news, insider Elizabeth A. Porter sold 3,000 shares of the stock in a transaction on Tuesday, January 20th. The shares were sold at an average price of $192.21, for a total transaction of $576,630.00. Following the transaction, the insider directly owned 38,575 shares of the company’s stock, valued at $7,414,500.75. This trade represents a 7.22% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.96% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the stock. JFS Wealth Advisors LLC boosted its holdings in Leidos by 77.6% in the 4th quarter. JFS Wealth Advisors LLC now owns 151 shares of the aerospace company’s stock worth $27,000 after buying an additional 66 shares during the last quarter. Hantz Financial Services Inc. lifted its position in shares of Leidos by 94.7% in the fourth quarter. Hantz Financial Services Inc. now owns 148 shares of the aerospace company’s stock valued at $27,000 after acquiring an additional 72 shares in the last quarter. Mather Group LLC. purchased a new position in shares of Leidos in the third quarter valued at approximately $28,000. Hilton Head Capital Partners LLC acquired a new stake in shares of Leidos in the fourth quarter worth approximately $28,000. Finally, Rakuten Securities Inc. boosted its stake in shares of Leidos by 110.5% in the fourth quarter. Rakuten Securities Inc. now owns 160 shares of the aerospace company’s stock worth $29,000 after acquiring an additional 84 shares during the last quarter. Institutional investors and hedge funds own 76.12% of the company’s stock.

Leidos Company 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.