SEB Asset Management AB Takes $4.27 Million Position in Leidos Holdings, Inc. $LDOS

SEB Asset Management AB purchased a new stake in shares of Leidos Holdings, Inc. (NYSE:LDOS) during the 1st quarter, Holdings Channel reports. The fund purchased 27,446 shares of the aerospace company’s stock, valued at approximately $4,268,000.

Several other hedge funds have also recently bought and sold shares of the business. Diamant Asset Management Inc. boosted its stake in shares of Leidos by 16,475.4% during the 1st quarter. Diamant Asset Management Inc. now owns 4,156,784 shares of the aerospace company’s stock valued at $646,463,000 after buying an additional 4,131,706 shares during the period. Goldman Sachs Group Inc. grew its holdings in shares of Leidos by 1.6% during the 4th quarter. Goldman Sachs Group Inc. now owns 1,421,634 shares of the aerospace company’s stock valued at $256,463,000 after acquiring an additional 22,013 shares in the last quarter. New Age Alpha Advisors LLC increased its stake in shares of Leidos by 25,505.4% in the fourth quarter. New Age Alpha Advisors LLC now owns 42,505 shares of the aerospace company’s stock worth $7,668,000 after acquiring an additional 42,339 shares during the last quarter. Norges Bank purchased a new stake in shares of Leidos during the fourth quarter worth $318,839,000. Finally, National Pension Service raised its holdings in shares of Leidos by 275.0% during the fourth quarter. National Pension Service now owns 278,134 shares of the aerospace company’s stock worth $50,175,000 after acquiring an additional 203,958 shares in the last quarter. 76.12% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, Director Gary Stephen May sold 1,484 shares of the business’s stock in a transaction dated Thursday, May 7th. The stock was sold at an average price of $132.75, for a total transaction of $197,001.00. Following the transaction, the director directly owned 10,137 shares in the company, valued at $1,345,686.75. The trade was a 12.77% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. 0.77% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on LDOS. Wells Fargo & Company set a $125.00 price target on Leidos in a research note on Wednesday, June 17th. Wall Street Zen upgraded Leidos from a “hold” rating to a “buy” rating in a report on Thursday, July 16th. Weiss Ratings lowered shares of Leidos from a “hold (c+)” rating to a “hold (c)” rating in a research report on Monday, June 8th. BNP Paribas Exane assumed coverage on shares of Leidos in a research note on Wednesday, May 27th. They issued an “outperform” rating and a $165.00 target price for the company. Finally, Jefferies Financial Group decreased their target price on shares of Leidos from $140.00 to $110.00 and set a “hold” rating for the company in a research report on Wednesday, July 1st. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and ten have issued a Hold rating to the stock. According to data from MarketBeat, Leidos presently has a consensus rating of “Hold” and a consensus target price of $163.80.

Leidos Trading Up 2.3%

Shares of Leidos stock opened at $107.31 on Thursday. The company’s fifty day simple moving average is $114.87 and its 200-day simple moving average is $150.41. The company has a market cap of $13.50 billion, a price-to-earnings ratio of 9.83, a PEG ratio of 1.54 and a beta of 0.54. The company has a current ratio of 1.40, a quick ratio of 1.29 and a debt-to-equity ratio of 1.19. Leidos Holdings, Inc. has a 1 year low of $98.86 and a 1 year high of $205.77.

Leidos (NYSE:LDOS) last released its earnings results on Tuesday, May 5th. The aerospace company reported $3.13 EPS for the quarter, beating the consensus estimate of $2.88 by $0.25. Leidos had a net margin of 8.15% and a return on equity of 31.92%. The firm had revenue of $4.40 billion during the quarter, compared to analysts’ expectations of $4.28 billion. During the same period in the prior year, the company earned $2.97 EPS. The business’s quarterly revenue was up 3.7% compared to the same quarter last year. Leidos has set its FY 2026 guidance at 12.100-12.500 EPS. As a group, sell-side analysts expect that Leidos Holdings, Inc. will post 12.3 EPS for the current year.

Leidos Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 15th were given a dividend of $0.43 per share. The ex-dividend date of this dividend was Monday, June 15th. This represents a $1.72 dividend on an annualized basis and a yield of 1.6%. Leidos’s dividend payout ratio (DPR) is 15.75%.

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.