Edmond DE Rothschild Holding S.A. Invests $398,000 in Leidos Holdings, Inc. $LDOS

Edmond DE Rothschild Holding S.A. bought a new stake in Leidos Holdings, Inc. (NYSE:LDOS) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 3,870 shares of the aerospace company’s stock, valued at approximately $398,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of LDOS. BlackRock Inc. acquired a new stake in Leidos during the 2nd quarter worth $1,024,436,000. State Street Corp raised its holdings in shares of Leidos by 3.7% in the fourth quarter. State Street Corp now owns 6,022,359 shares of the aerospace company’s stock valued at $1,086,434,000 after buying an additional 217,141 shares during the last quarter. Diamant Asset Management Inc. raised its holdings in shares of Leidos by 16,475.4% in 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 buying an additional 4,131,706 shares during the last quarter. Geode Capital Management LLC boosted its stake in shares of Leidos by 1.9% during the fourth quarter. Geode Capital Management LLC now owns 3,538,488 shares of the aerospace company’s stock worth $636,097,000 after buying an additional 64,909 shares during the period. Finally, Dimensional Fund Advisors LP boosted its stake in shares of Leidos by 2.6% during the first quarter. Dimensional Fund Advisors LP now owns 1,859,616 shares of the aerospace company’s stock worth $289,193,000 after buying an additional 47,542 shares during the period. Hedge funds and other institutional investors own 76.12% of the company’s stock.

Leidos Trading Up 0.3%

NYSE LDOS opened at $141.84 on Friday. The company has a quick ratio of 1.60, a current ratio of 1.63 and a debt-to-equity ratio of 1.13. The stock has a market capitalization of $17.80 billion, a P/E ratio of 13.23, a P/E/G ratio of 2.06 and a beta of 0.52. Leidos Holdings, Inc. has a 52-week low of $98.86 and a 52-week high of $205.77. The firm has a 50-day moving average price of $117.10 and a 200 day moving average price of $141.19.

Leidos (NYSE:LDOS) last released its earnings results on Tuesday, August 4th. The aerospace company reported $3.26 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.91 by $0.35. The company had revenue of $4.56 billion for the quarter, compared to analysts’ expectations of $4.44 billion. Leidos had a return on equity of 30.81% and a net margin of 7.80%.The firm’s quarterly revenue was up 7.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $3.21 EPS. Leidos has set its FY 2026 guidance at 12.200-12.500 EPS. Equities research analysts expect that Leidos Holdings, Inc. will post 12.38 EPS for the current year.

Leidos Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be paid a $0.43 dividend. The ex-dividend date is Tuesday, September 15th. This represents a $1.72 dividend on an annualized basis and a dividend yield of 1.2%. Leidos’s payout ratio is 16.04%.

Leidos declared that its board has authorized a share buyback program on Friday, July 31st that authorizes the company to buyback 20,000,000 outstanding shares. This buyback authorization authorizes the aerospace company to purchase shares of its stock through open market purchases. Shares buyback programs are often an indication that the company’s leadership believes its stock is undervalued.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the company. Citigroup boosted their price target on Leidos from $138.00 to $161.00 and gave the company a “buy” rating in a research report on Tuesday, August 11th. Stifel Nicolaus lowered their target price on Leidos from $205.00 to $193.00 and set a “hold” rating on the stock in a research note on Wednesday, May 6th. Wall Street Zen raised Leidos from a “hold” rating to a “buy” rating in a report on Thursday, July 16th. UBS Group upped their price target on Leidos from $124.00 to $138.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 5th. Finally, BNP Paribas Exane increased their price target on Leidos from $165.00 to $175.00 and gave the stock an “outperform” rating in a report on Wednesday, August 5th. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and ten have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $162.93.

Insiders Place Their Bets

In other Leidos news, Director Noel B. Geer sold 10,000 shares of the stock in a transaction on Tuesday, August 11th. The stock was sold at an average price of $140.66, for a total value of $1,406,600.00. Following the completion of the transaction, the director owned 34,274 shares in the company, valued at approximately $4,820,980.84. This represents a 22.59% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.77% of the stock is owned by corporate insiders.

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.