19,491 Shares in Leidos Holdings, Inc. $LDOS Acquired by First National Bank of Omaha

First National Bank of Omaha acquired a new stake in shares of Leidos Holdings, Inc. (NYSE:LDOS) in the second quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 19,491 shares of the aerospace company’s stock, valued at approximately $2,007,000.

A number of other large investors have also added to or reduced their stakes in LDOS. Focus Partners Wealth raised its position in shares of Leidos by 46.5% in the 1st quarter. Focus Partners Wealth now owns 3,073 shares of the aerospace company’s stock worth $415,000 after purchasing an additional 976 shares during the last quarter. Marshall Wace LLP grew its position in Leidos by 86.3% during the 2nd quarter. Marshall Wace LLP now owns 14,250 shares of the aerospace company’s stock valued at $2,248,000 after purchasing an additional 6,600 shares during the last quarter. Cresset Asset Management LLC increased its stake in Leidos by 2.7% during the 2nd quarter. Cresset Asset Management LLC now owns 3,399 shares of the aerospace company’s stock valued at $536,000 after purchasing an additional 90 shares in the last quarter. Cerity Partners LLC increased its stake in Leidos by 20.2% during the 2nd quarter. Cerity Partners LLC now owns 41,405 shares of the aerospace company’s stock valued at $6,532,000 after purchasing an additional 6,962 shares in the last quarter. Finally, Natixis raised its holdings in Leidos by 222.3% in the second quarter. Natixis now owns 8,155 shares of the aerospace company’s stock worth $1,287,000 after buying an additional 5,625 shares during the last quarter. Hedge funds and other institutional investors own 76.12% of the company’s stock.

Leidos Trading Up 2.0%

Shares of LDOS stock opened at $146.34 on Thursday. Leidos Holdings, Inc. has a 12-month low of $98.86 and a 12-month high of $205.77. The company has a current ratio of 1.63, a quick ratio of 1.60 and a debt-to-equity ratio of 1.13. The firm’s 50 day moving average is $116.32 and its 200 day moving average is $141.52. The stock has a market capitalization of $18.36 billion, a P/E ratio of 13.65, a P/E/G ratio of 2.09 and a beta of 0.52.

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

Leidos Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be given a dividend of $0.43 per share. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $1.72 annualized dividend and a dividend yield of 1.2%. Leidos’s dividend payout ratio is presently 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 research firms have recently commented on LDOS. JPMorgan Chase & Co. cut their price target on shares of Leidos from $210.00 to $160.00 and set an “overweight” rating on the stock in a report on Monday, July 13th. Jefferies Financial Group restated a “hold” rating and issued a $145.00 price objective on shares of Leidos in a report on Sunday, August 9th. Citigroup upped their price objective on Leidos from $138.00 to $161.00 and gave the company a “buy” rating in a research report on Tuesday, August 11th. TD Cowen increased their target price on Leidos from $115.00 to $135.00 and gave the company a “hold” rating in a research note on Friday, August 7th. Finally, Stifel Nicolaus reduced their target price on Leidos from $205.00 to $193.00 and set a “hold” rating for the company in a report on Wednesday, May 6th. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and ten have issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $162.93.

Insider Activity at Leidos

In other 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 owned 34,274 shares in the company, valued at $4,820,980.84. This represents a 22.59% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.77% of the stock is owned by insiders.

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.