Boston Partners Has $509.61 Million Stock Holdings in Leidos Holdings, Inc. $LDOS

Boston Partners trimmed its position in Leidos Holdings, Inc. (NYSE:LDOS) by 2.6% in the fourth quarter, Holdings Channel.com reports. The firm owned 2,817,422 shares of the aerospace company’s stock after selling 74,665 shares during the period. Boston Partners’ holdings in Leidos were worth $509,612,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in LDOS. Norges Bank acquired a new stake in Leidos in the fourth quarter worth about $318,839,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new stake in Leidos in the third quarter worth about $242,464,000. Alliancebernstein L.P. increased its position in Leidos by 64.4% in the second quarter. Alliancebernstein L.P. now owns 1,529,261 shares of the aerospace company’s stock worth $241,256,000 after purchasing an additional 598,974 shares during the period. M&T Bank Corp increased its position in Leidos by 2,924.4% in the fourth quarter. M&T Bank Corp now owns 405,181 shares of the aerospace company’s stock worth $73,095,000 after purchasing an additional 391,784 shares during the period. Finally, Wedge Capital Management L L P NC increased its position in Leidos by 663.3% in the fourth quarter. Wedge Capital Management L L P NC now owns 355,824 shares of the aerospace company’s stock worth $64,191,000 after purchasing an additional 309,206 shares during the period. 76.12% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of brokerages recently commented on LDOS. BNP Paribas Exane initiated coverage on Leidos in a research report on Wednesday, May 27th. They issued an “outperform” rating and a $165.00 price objective for the company. Wall Street Zen lowered shares of Leidos from a “buy” rating to a “hold” rating in a report on Saturday, June 6th. Stifel Nicolaus lowered their target price on shares of Leidos from $205.00 to $193.00 and set a “hold” rating for the company in a report on Wednesday, May 6th. Robert W. Baird lowered their target price on shares of Leidos from $215.00 to $195.00 and set a “neutral” rating for the company in a report on Wednesday, February 18th. Finally, Citigroup lowered their target price on shares of Leidos from $232.00 to $178.00 and set a “buy” rating for the company in a report on Thursday, May 7th. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $187.50.

Leidos Stock Down 0.0%

NYSE:LDOS opened at $122.05 on Friday. Leidos Holdings, Inc. has a 1 year low of $121.20 and a 1 year high of $205.77. The company has a current ratio of 1.40, a quick ratio of 1.29 and a debt-to-equity ratio of 1.19. The stock has a market cap of $15.35 billion, a price-to-earnings ratio of 11.18, a PEG ratio of 1.55 and a beta of 0.50. The stock has a 50-day moving average price of $137.96 and a two-hundred day moving average price of $166.31.

Leidos (NYSE:LDOS) last posted its earnings results on Tuesday, May 5th. The aerospace company reported $3.13 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 analysts’ expectations of $4.28 billion. During the same period in the previous year, the firm earned $2.97 earnings per share. The company’s 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, equities analysts expect that Leidos Holdings, Inc. will post 12.25 earnings per share for the current year.

Leidos Dividend Announcement

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 paid a $0.43 dividend. This represents a $1.72 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date of this dividend is Monday, June 15th. Leidos’s payout ratio is presently 15.75%.

Insider Transactions at Leidos

In related news, Director Gary Stephen May sold 1,484 shares of the company’s stock in a transaction 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 completion of the transaction, the director directly owned 10,137 shares of the company’s stock, valued at approximately $1,345,686.75. This represents a 12.77% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Elizabeth A. Porter sold 2,000 shares of the company’s stock in a transaction on Tuesday, April 7th. The stock was 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 of the company’s stock, valued at approximately $7,855,799.28. The trade was 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. 0.77% of the stock is currently owned by insiders.

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.