Talon Private Wealth LLC Invests $1.83 Million in Leidos Holdings, Inc. $LDOS

Talon Private Wealth LLC bought a new stake in shares of Leidos Holdings, Inc. (NYSE:LDOS) during the 1st quarter, HoldingsChannel.com reports. The firm bought 11,751 shares of the aerospace company’s stock, valued at approximately $1,827,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. State Street Corp lifted its stake in Leidos by 3.7% during the fourth quarter. State Street Corp now owns 6,022,359 shares of the aerospace company’s stock worth $1,086,434,000 after purchasing an additional 217,141 shares during the period. Diamant Asset Management Inc. boosted its holdings in Leidos by 16,475.4% during the first quarter. Diamant Asset Management Inc. now owns 4,156,784 shares of the aerospace company’s stock valued at $646,463,000 after purchasing an additional 4,131,706 shares in the last quarter. Geode Capital Management LLC grew its stake in shares of Leidos by 1.9% in the 4th quarter. Geode Capital Management LLC now owns 3,538,488 shares of the aerospace company’s stock valued at $636,097,000 after purchasing an additional 64,909 shares during the period. Dimensional Fund Advisors LP grew its stake in shares of Leidos by 2.6% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,859,616 shares of the aerospace company’s stock valued at $289,193,000 after purchasing an additional 47,542 shares during the period. Finally, Norges Bank acquired a new position in shares of Leidos in the 4th quarter worth approximately $318,839,000. Institutional investors own 76.12% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on the company. TD Cowen cut their target price on Leidos from $160.00 to $115.00 and set a “hold” rating for the company in a research report on Tuesday, July 7th. Royal Bank Of Canada lowered their price target on Leidos from $215.00 to $180.00 and set an “outperform” rating on the stock in a research report on Wednesday, May 6th. Citigroup dropped their price objective on Leidos from $178.00 to $138.00 and set a “buy” rating for the company in a research note on Wednesday, July 1st. Wells Fargo & Company set a $125.00 price objective on Leidos in a report on Wednesday, June 17th. Finally, Weiss Ratings downgraded shares of Leidos from a “hold (c+)” rating to a “hold (c)” rating in a research note on Monday, June 8th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and ten have issued a Hold rating to the company. According to data from MarketBeat, Leidos currently has an average rating of “Hold” and a consensus target price of $163.80.

Leidos Stock Performance

NYSE:LDOS opened at $118.50 on Wednesday. Leidos Holdings, Inc. has a 1 year low of $98.86 and a 1 year high of $205.77. The firm has a 50 day moving average of $113.99 and a 200-day moving average of $148.18. The company has a current ratio of 1.40, a quick ratio of 1.29 and a debt-to-equity ratio of 1.19. The stock has a market capitalization of $14.91 billion, a P/E ratio of 10.85, a price-to-earnings-growth ratio of 1.68 and a beta of 0.54.

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

Leidos Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th were paid a $0.43 dividend. 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 1.5%. Leidos’s payout ratio is currently 15.75%.

Insider Buying and Selling

In other news, Director Gary Stephen May sold 1,484 shares of the stock in a transaction on Thursday, May 7th. The stock was sold at an average price of $132.75, for a total transaction of $197,001.00. Following the sale, the director owned 10,137 shares in the company, valued at approximately $1,345,686.75. This represents a 12.77% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.77% of the company’s stock.

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.