Leidos Holdings, Inc. $LDOS Shares Bought by United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund

United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund raised its position in Leidos Holdings, Inc. (NYSE:LDOS) by 120.4% in the third quarter, Holdings Channel.com reports. The institutional investor owned 11,900 shares of the aerospace company’s stock after purchasing an additional 6,500 shares during the period. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund’s holdings in Leidos were worth $2,249,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of the business. JPMorgan Chase & Co. raised its position in Leidos by 3.3% in the 2nd quarter. JPMorgan Chase & Co. now owns 3,528,630 shares of the aerospace company’s stock valued at $556,677,000 after purchasing an additional 111,813 shares during the last quarter. Boston Partners grew its position in Leidos by 3.7% during the 2nd quarter. Boston Partners now owns 2,909,142 shares of the aerospace company’s stock worth $460,203,000 after purchasing an additional 103,321 shares during the last quarter. Massachusetts Financial Services Co. MA increased its stake in Leidos by 1.8% in the third quarter. Massachusetts Financial Services Co. MA now owns 2,221,518 shares of the aerospace company’s stock valued at $419,778,000 after purchasing an additional 39,378 shares during the period. Norges Bank purchased a new stake in shares of Leidos in the second quarter valued at about $261,501,000. Finally, Alliancebernstein L.P. raised its holdings in shares of Leidos by 64.4% in the second quarter. Alliancebernstein L.P. now owns 1,529,261 shares of the aerospace company’s stock valued at $241,256,000 after buying an additional 598,974 shares during the last quarter. 76.12% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on LDOS. UBS Group set a $204.00 price target on Leidos in a report on Thursday, January 15th. Jefferies Financial Group reaffirmed a “buy” rating and set a $215.00 price objective on shares of Leidos in a research note on Monday, February 23rd. Wall Street Zen cut Leidos from a “strong-buy” rating to a “hold” rating in a research report on Saturday, February 21st. Stifel Nicolaus lowered their target price on Leidos from $220.00 to $205.00 and set a “hold” rating on the stock in a research note on Wednesday, February 18th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Leidos in a report on Monday, December 29th. Nine research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, Leidos presently has a consensus rating of “Moderate Buy” and an average price target of $214.18.

Insider Activity at Leidos

In other Leidos news, insider Elizabeth A. Porter sold 3,000 shares of the business’s stock in a transaction on Tuesday, January 20th. The shares were sold at an average price of $192.21, for a total transaction of $576,630.00. Following the sale, the insider directly owned 38,575 shares in the company, valued at approximately $7,414,500.75. The trade was a 7.22% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.96% of the company’s stock.

Leidos Stock Performance

NYSE LDOS opened at $178.10 on Friday. The stock has a market capitalization of $22.51 billion, a price-to-earnings ratio of 16.00, a PEG ratio of 1.26 and a beta of 0.63. The business’s 50 day moving average is $184.76 and its two-hundred day moving average is $186.54. Leidos Holdings, Inc. has a 12-month low of $128.32 and a 12-month high of $205.77. The company has a current ratio of 1.70, a quick ratio of 1.58 and a debt-to-equity ratio of 0.93.

Leidos (NYSE:LDOS) last posted its quarterly earnings results on Tuesday, February 17th. The aerospace company reported $2.76 EPS for the quarter, beating the consensus estimate of $2.57 by $0.19. Leidos had a return on equity of 32.95% and a net margin of 8.43%.The business had revenue of $4.21 billion during the quarter, compared to analysts’ expectations of $4.31 billion. During the same period last year, the firm earned $2.37 EPS. The company’s quarterly revenue was down 3.6% compared to the same quarter last year. Leidos has set its FY 2026 guidance at 12.050-12.450 EPS. Research analysts expect that Leidos Holdings, Inc. will post 10.62 EPS for the current year.

Leidos Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Monday, March 16th will be issued a $0.43 dividend. The ex-dividend date of this dividend is Monday, March 16th. This represents a $1.72 dividend on an annualized basis and a yield of 1.0%. Leidos’s dividend payout ratio (DPR) is 15.45%.

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.