Clark Capital Management Group Inc. Acquires 5,755 Shares of Leidos Holdings, Inc. $LDOS

Clark Capital Management Group Inc. increased its holdings in Leidos Holdings, Inc. (NYSE:LDOS) by 1.3% in the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 437,636 shares of the aerospace company’s stock after buying an additional 5,755 shares during the quarter. Clark Capital Management Group Inc. owned about 0.34% of Leidos worth $78,950,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the business. State of Wisconsin Investment Board increased its holdings in Leidos by 1.4% in the 4th quarter. State of Wisconsin Investment Board now owns 92,471 shares of the aerospace company’s stock worth $16,682,000 after buying an additional 1,300 shares in the last quarter. Captrust Financial Advisors increased its holdings in Leidos by 5.4% in the 4th quarter. Captrust Financial Advisors now owns 11,091 shares of the aerospace company’s stock worth $2,001,000 after buying an additional 564 shares in the last quarter. &PARTNERS increased its holdings in Leidos by 94.8% in the 4th quarter. &PARTNERS now owns 19,300 shares of the aerospace company’s stock worth $3,486,000 after buying an additional 9,392 shares in the last quarter. Cynosure Group LLC bought a new stake in Leidos in the 4th quarter worth about $425,000. Finally, Oarsman Capital Inc. increased its holdings in Leidos by 7.5% in the 4th quarter. Oarsman Capital Inc. now owns 15,914 shares of the aerospace company’s stock worth $2,871,000 after buying an additional 1,109 shares in the last quarter. 76.12% of the stock is currently owned by institutional investors.

Leidos Trading Down 0.7%

Leidos stock opened at $113.82 on Wednesday. The business has a 50-day simple moving average of $136.18 and a two-hundred day simple moving average of $165.08. The company has a market cap of $14.32 billion, a P/E ratio of 10.42, a P/E/G ratio of 1.46 and a beta of 0.50. Leidos Holdings, Inc. has a 52-week low of $113.28 and a 52-week high of $205.77. The company has a quick ratio of 1.29, a current ratio of 1.40 and a debt-to-equity ratio of 1.19.

Leidos (NYSE:LDOS) last posted its quarterly earnings data on Tuesday, May 5th. The aerospace company reported $3.13 earnings per share 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 for the quarter, compared to analysts’ expectations of $4.28 billion. During the same period in the previous year, the firm earned $2.97 EPS. 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. Analysts predict that Leidos Holdings, Inc. will post 12.25 EPS for the current year.

Leidos Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be given a dividend of $0.43 per share. This represents a $1.72 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date of this dividend is Monday, June 15th. Leidos’s payout ratio is presently 15.75%.

Insider Transactions at Leidos

In other 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 transaction of $317,560.00. Following the transaction, the insider directly owned 49,476 shares of the company’s stock, valued at $7,855,799.28. The trade was a 3.89% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, 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 value of $197,001.00. Following the transaction, the director directly 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 disclosure for this sale is available in the SEC filing. 0.77% of the stock is owned by insiders.

Analysts Set New Price Targets

LDOS has been the subject of a number of recent research reports. Bank of America cut their price target on Leidos from $235.00 to $200.00 and set a “buy” rating for the company in a research note on Tuesday, April 21st. Royal Bank Of Canada cut their price target on Leidos from $215.00 to $180.00 and set an “outperform” rating for the company in a research note on Wednesday, May 6th. Stifel Nicolaus cut their price target on Leidos from $205.00 to $193.00 and set a “hold” rating for the company in a research note on Wednesday, May 6th. Robert W. Baird cut their price target on Leidos from $215.00 to $195.00 and set a “neutral” rating for the company in a research note on Wednesday, February 18th. Finally, Citigroup cut their price target on Leidos from $232.00 to $178.00 and set a “buy” rating for the company in a research note on Thursday, May 7th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and seven have given 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 target price of $187.50.

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.