4,583 Shares in Leidos Holdings, Inc. $LDOS Purchased by Redwood Investment Management LLC

Redwood Investment Management LLC bought a new stake in shares of Leidos Holdings, Inc. (NYSE:LDOS) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 4,583 shares of the aerospace company’s stock, valued at approximately $472,000.

A number of other hedge funds have also recently made changes to their positions in the stock. Hantz Financial Services Inc. boosted its holdings in Leidos by 94.7% in the fourth quarter. Hantz Financial Services Inc. now owns 148 shares of the aerospace company’s stock worth $27,000 after acquiring an additional 72 shares in the last quarter. Hilton Head Capital Partners LLC purchased a new stake in shares of Leidos in the fourth quarter worth $28,000. Longview Financial Advisors Inc. bought a new position in shares of Leidos during the first quarter valued at $26,000. Wexford Capital LP bought a new position in shares of Leidos during the third quarter valued at $32,000. Finally, DV Equities LLC purchased a new position in shares of Leidos in the 4th quarter worth about $33,000. 76.12% of the stock is owned by institutional investors.

Leidos Trading Up 1.8%

Shares of NYSE:LDOS opened at $139.85 on Friday. The stock has a market capitalization of $17.55 billion, a price-to-earnings ratio of 13.05, a PEG ratio of 2.00 and a beta of 0.52. The company has a debt-to-equity ratio of 1.13, a quick ratio of 1.60 and a current ratio of 1.63. The stock’s 50-day simple moving average is $119.23 and its two-hundred day simple moving average is $139.41. Leidos Holdings, Inc. has a 52-week low of $98.86 and a 52-week high of $205.77.

Leidos (NYSE:LDOS) last released its quarterly earnings results on Tuesday, August 4th. The aerospace company reported $3.26 EPS for the quarter, beating the consensus estimate of $2.91 by $0.35. Leidos had a net margin of 7.80% and a return on equity of 30.81%. The firm had revenue of $4.56 billion during the quarter, compared to analyst estimates of $4.44 billion. During the same quarter in the prior year, the firm earned $3.21 EPS. The business’s revenue for the quarter was up 7.2% compared to the same quarter last year. Leidos has set its FY 2026 guidance at 12.200-12.500 EPS. Analysts expect that Leidos Holdings, Inc. will post 12.38 EPS for the current year.

Leidos Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be issued a dividend of $0.43 per share. This represents a $1.72 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend is Tuesday, September 15th. Leidos’s dividend payout ratio is currently 16.04%.

Leidos announced that its Board of Directors has initiated a share repurchase plan on Friday, July 31st that allows the company to buyback 20,000,000 shares. This buyback authorization allows the aerospace company to reacquire shares of its stock through open market purchases. Shares buyback plans are generally an indication that the company’s board of directors believes its stock is undervalued.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on LDOS. Robert W. Baird set a $150.00 price objective on shares of Leidos in a report on Wednesday, August 5th. Bank of America reiterated a “neutral” rating and issued a $125.00 price objective (down from $200.00) on shares of Leidos in a report on Wednesday, June 17th. TD Cowen upped their target price on shares of Leidos from $115.00 to $135.00 and gave the company a “hold” rating in a research note on Friday, August 7th. JPMorgan Chase & Co. reduced their price target on shares of Leidos from $210.00 to $160.00 and set an “overweight” rating for the company in a research note on Monday, July 13th. Finally, UBS Group boosted their price objective on shares of Leidos from $124.00 to $138.00 and gave the company a “neutral” rating in a report on Wednesday, August 5th. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and ten have assigned a Hold rating to the company. According to MarketBeat.com, Leidos presently has an average rating of “Hold” and a consensus target price of $162.93.

Insiders Place Their Bets

In other Leidos news, Director Noel B. Geer sold 10,000 shares of the stock in a transaction that occurred on Tuesday, August 11th. The shares were sold at an average price of $140.66, for a total value of $1,406,600.00. Following the transaction, the director directly owned 34,274 shares in the company, valued at approximately $4,820,980.84. This trade represents a 22.59% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.77% of the company’s stock.

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.