Entropy Technologies LP Takes Position in Leidos Holdings, Inc. $LDOS

Entropy Technologies LP acquired a new position in shares of Leidos Holdings, Inc. (NYSE:LDOS) in the first quarter, HoldingsChannel reports. The fund acquired 20,567 shares of the aerospace company’s stock, valued at approximately $3,199,000.

Several other large investors have also made changes to their positions in LDOS. Focus Partners Wealth boosted its holdings in Leidos by 46.5% in the first quarter. Focus Partners Wealth now owns 3,073 shares of the aerospace company’s stock valued at $415,000 after acquiring an additional 976 shares during the last quarter. Marshall Wace LLP increased its stake in Leidos by 86.3% during the second quarter. Marshall Wace LLP now owns 14,250 shares of the aerospace company’s stock worth $2,248,000 after acquiring an additional 6,600 shares during the last quarter. Cresset Asset Management LLC increased its stake in Leidos by 2.7% during the second quarter. Cresset Asset Management LLC now owns 3,399 shares of the aerospace company’s stock worth $536,000 after acquiring an additional 90 shares during the last quarter. Cerity Partners LLC raised its holdings in shares of Leidos by 20.2% in the 2nd quarter. Cerity Partners LLC now owns 41,405 shares of the aerospace company’s stock worth $6,532,000 after purchasing an additional 6,962 shares during the period. Finally, Natixis raised its holdings in shares of Leidos by 222.3% in the 2nd quarter. Natixis now owns 8,155 shares of the aerospace company’s stock worth $1,287,000 after purchasing an additional 5,625 shares during the period. 76.12% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on LDOS shares. TD Cowen decreased their target price on Leidos from $160.00 to $115.00 and set a “hold” rating for the company in a report on Tuesday, July 7th. Weiss Ratings lowered shares of Leidos from a “hold (c+)” rating to a “hold (c)” rating in a report on Monday, June 8th. JPMorgan Chase & Co. reduced their price target on shares of Leidos from $210.00 to $160.00 and set an “overweight” rating on the stock in a research report on Monday, July 13th. The Goldman Sachs Group decreased their price objective on shares of Leidos from $171.00 to $152.00 and set a “neutral” rating for the company in a research note on Tuesday, July 14th. Finally, Wall Street Zen raised shares of Leidos from a “hold” rating to a “buy” rating in a research report on Thursday, July 16th. One 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 MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $163.80.

Insider Activity

In other 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 owned 10,137 shares in the company, valued at $1,345,686.75. This trade represents a 12.77% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.77% of the stock is owned by corporate insiders.

Leidos Price Performance

Shares of NYSE LDOS opened at $112.31 on Friday. Leidos Holdings, Inc. has a 1-year low of $98.86 and a 1-year high of $205.77. The business has a 50-day moving average of $114.33 and a 200-day moving average of $149.63. The company has a debt-to-equity ratio of 1.19, a current ratio of 1.40 and a quick ratio of 1.29. The company has a market capitalization of $14.13 billion, a price-to-earnings ratio of 10.29, a PEG ratio of 1.64 and a beta of 0.54.

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. The business had revenue of $4.40 billion during the quarter, compared to analyst estimates of $4.28 billion. Leidos had a return on equity of 31.92% and a net margin of 8.15%.The company’s revenue for the quarter was up 3.7% compared to the same quarter last year. During the same quarter last year, the firm earned $2.97 earnings per share. Leidos has set its FY 2026 guidance at 12.100-12.500 EPS. On average, equities analysts anticipate that Leidos Holdings, Inc. will post 12.3 EPS for the current fiscal year.

Leidos Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th were given a $0.43 dividend. The ex-dividend date of this dividend was Monday, June 15th. This represents a $1.72 annualized dividend and a yield of 1.5%. Leidos’s dividend payout ratio (DPR) is 15.75%.

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.