National Pension Service Has $17.08 Million Holdings in Leidos Holdings, Inc. $LDOS

National Pension Service cut its holdings in Leidos Holdings, Inc. (NYSE:LDOS) by 51.7% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 165,917 shares of the aerospace company’s stock after selling 177,759 shares during the period. National Pension Service’s holdings in Leidos were worth $17,084,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the business. Longview Financial Advisors Inc. bought a new position in Leidos during the first quarter valued at about $26,000. Hantz Financial Services Inc. boosted its stake in shares of Leidos by 94.7% during the 4th 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 bought a new stake in shares of Leidos during the 4th quarter worth about $28,000. Kelleher Financial Advisors acquired a new position in shares of Leidos during the 2nd quarter valued at about $28,000. Finally, Wexford Capital LP bought a new position in shares of Leidos in the 3rd quarter valued at approximately $32,000. 76.12% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the company. Jefferies Financial Group reaffirmed a “hold” rating and set a $145.00 target price on shares of Leidos in a research report on Sunday, August 9th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Leidos in a report on Friday, September 4th. The Goldman Sachs Group lowered their target price on shares of Leidos from $152.00 to $132.00 and set a “neutral” rating on the stock in a research note on Wednesday, August 12th. Wells Fargo & Company set a $165.00 target price on shares of Leidos in a report on Monday, August 17th. Finally, Citigroup upped their price target on shares of Leidos from $138.00 to $161.00 and gave the company a “buy” rating in a report on Tuesday, August 11th. One research 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. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $162.93.

Insider Transactions at Leidos

In other news, Director Gary May sold 1,000 shares of the company’s stock in a transaction dated Tuesday, September 1st. The shares were sold at an average price of $140.85, for a total transaction of $140,850.00. Following the completion of the transaction, the director owned 10,204 shares of the company’s stock, valued at approximately $1,437,233.40. This represents a 8.93% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Noel Geer sold 10,000 shares of the stock in a transaction dated Tuesday, August 11th. The shares were sold at an average price of $140.66, for a total transaction of $1,406,600.00. Following the completion of the sale, the director owned 34,274 shares of the company’s stock, valued at approximately $4,820,980.84. The trade was a 22.59% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.77% of the stock is currently owned by corporate insiders.

Leidos Trading Down 0.5%

Shares of Leidos stock opened at $128.92 on Friday. The company’s fifty day simple moving average is $125.65 and its 200-day simple moving average is $136.33. The company has a market cap of $16.18 billion, a price-to-earnings ratio of 12.03, a PEG ratio of 1.44 and a beta of 0.56. The company has a current ratio of 1.63, a quick ratio of 1.60 and a debt-to-equity ratio of 1.13. Leidos Holdings, Inc. has a 1 year low of $98.86 and a 1 year high of $205.77.

Leidos (NYSE:LDOS) last announced its earnings results on Tuesday, August 4th. The aerospace company reported $3.26 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.91 by $0.35. The business had revenue of $4.56 billion for the quarter, compared to analyst estimates of $4.44 billion. Leidos had a net margin of 7.80% and a return on equity of 30.81%. Leidos’s revenue was up 7.2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $3.21 earnings per share. Leidos has set its FY 2026 guidance at 12.200-12.500 EPS. As a group, sell-side analysts expect that Leidos Holdings, Inc. will post 12.28 EPS for the current year.

Leidos Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be issued a dividend of $0.43 per share. The ex-dividend date is Tuesday, September 15th. This represents a $1.72 annualized dividend and a dividend yield of 1.3%. Leidos’s payout ratio is presently 16.04%.

Leidos declared that its Board of Directors has approved a stock repurchase program on Friday, July 31st that permits the company to repurchase 20,000,000 shares. This repurchase authorization permits the aerospace company to purchase shares of its stock through open market purchases. Shares repurchase programs are typically an indication that the company’s board of directors believes its shares are undervalued.

Leidos Company Profile

Leidos Holdings, Inc (NYSE: LDOS) is a technology, engineering and services company that supports government and commercial customers in the defense, intelligence, civil and health markets. The company provides mission-critical solutions involving information technology, cybersecurity, data analytics, artificial intelligence, systems integration, engineering and scientific research.

Its defense and intelligence activities include command-and-control systems, mission software, surveillance and reconnaissance solutions, logistics, aircraft and weapons systems support, and national security services.