Natixis Advisors LLC boosted its stake in shares of Leidos Holdings, Inc. (NYSE:LDOS – Free Report) by 9.3% in the third quarter, Holdings Channel reports. The institutional investor owned 186,506 shares of the aerospace company’s stock after acquiring an additional 15,810 shares during the period. Natixis Advisors LLC’s holdings in Leidos were worth $35,242,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also bought and sold shares of LDOS. Mather Group LLC. purchased a new position in shares of Leidos in the 3rd quarter valued at $28,000. First Horizon Corp purchased a new stake in shares of Leidos during the 3rd quarter worth $39,000. Motco purchased a new stake in shares of Leidos during the 3rd quarter worth $43,000. Colonial Trust Advisors boosted its position in Leidos by 1,942.9% during the second quarter. Colonial Trust Advisors now owns 286 shares of the aerospace company’s stock valued at $45,000 after purchasing an additional 272 shares in the last quarter. Finally, Cary Street Partners Investment Advisory LLC boosted its position in Leidos by 32.2% during the third quarter. Cary Street Partners Investment Advisory LLC now owns 271 shares of the aerospace company’s stock valued at $51,000 after purchasing an additional 66 shares in the last quarter. Institutional investors own 76.12% of the company’s stock.
Analyst Upgrades and Downgrades
A number of equities analysts have commented on LDOS shares. UBS Group set a $204.00 target price on shares of Leidos in a report on Thursday, January 15th. Robert W. Baird lowered their price target on shares of Leidos from $215.00 to $195.00 and set a “neutral” rating on the stock in a report on Wednesday, February 18th. Jefferies Financial Group reaffirmed a “buy” rating and issued a $215.00 price objective on shares of Leidos in a research report on Monday, February 23rd. Citigroup boosted their price objective on shares of Leidos from $218.00 to $232.00 and gave the stock a “buy” rating in a research note on Tuesday, January 13th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Leidos in a research report on Monday, December 29th. Nine investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $214.18.
Leidos Trading Down 3.9%
Leidos stock opened at $172.53 on Wednesday. The stock has a 50-day moving average of $184.43 and a two-hundred day moving average of $186.52. The company has a debt-to-equity ratio of 0.93, a quick ratio of 1.58 and a current ratio of 1.70. Leidos Holdings, Inc. has a one year low of $128.32 and a one year high of $205.77. The stock has a market cap of $21.81 billion, a PE ratio of 15.50, a price-to-earnings-growth ratio of 1.27 and a beta of 0.63.
Leidos (NYSE:LDOS – Get Free Report) last issued its quarterly earnings results on Tuesday, February 17th. The aerospace company reported $2.76 earnings per share for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to analyst estimates of $4.31 billion. During the same quarter in the previous year, the firm earned $2.37 earnings per share. The company’s revenue was down 3.6% on a year-over-year basis. Leidos has set its FY 2026 guidance at 12.050-12.450 EPS. On average, research analysts anticipate that Leidos Holdings, Inc. will post 10.62 EPS for the current fiscal year.
Leidos Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Monday, March 16th will be given a dividend of $0.43 per share. This represents a $1.72 annualized dividend and a yield of 1.0%. The ex-dividend date of this dividend is Monday, March 16th. Leidos’s payout ratio is currently 15.45%.
Insider Transactions at Leidos
In other Leidos news, insider Elizabeth A. Porter sold 3,000 shares of the company’s stock in a transaction that occurred 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 transaction, the insider owned 38,575 shares in the company, valued at approximately $7,414,500.75. This represents a 7.22% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders own 0.69% 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.
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