Mitsubishi UFJ Asset Management Co. Ltd. Buys 19,152 Shares of Leidos Holdings, Inc. $LDOS

Mitsubishi UFJ Asset Management Co. Ltd. boosted its stake in Leidos Holdings, Inc. (NYSE:LDOS) by 7.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 283,650 shares of the aerospace company’s stock after purchasing an additional 19,152 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd.’s holdings in Leidos were worth $52,041,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. State Street Corp lifted its stake in Leidos by 1.4% in the 3rd quarter. State Street Corp now owns 5,805,218 shares of the aerospace company’s stock valued at $1,096,954,000 after purchasing an additional 78,534 shares during the last quarter. Van ECK Associates Corp lifted its stake in Leidos by 6.4% in the 3rd quarter. Van ECK Associates Corp now owns 2,411,312 shares of the aerospace company’s stock valued at $455,642,000 after purchasing an additional 145,826 shares during the last quarter. Massachusetts Financial Services Co. MA lifted its stake in Leidos by 1.8% in the 3rd 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 last quarter. Alliancebernstein L.P. lifted its stake in Leidos by 26.0% in the 3rd quarter. Alliancebernstein L.P. now owns 1,926,646 shares of the aerospace company’s stock valued at $364,059,000 after purchasing an additional 397,385 shares during the last quarter. Finally, AQR Capital Management LLC lifted its stake in Leidos by 8.2% in the 3rd quarter. AQR Capital Management LLC now owns 1,551,547 shares of the aerospace company’s stock valued at $290,403,000 after purchasing an additional 117,835 shares during the last quarter. Institutional investors own 76.12% of the company’s stock.

Insiders Place Their Bets

In related news, insider Elizabeth A. Porter sold 2,000 shares of Leidos stock in a transaction on Tuesday, April 7th. The shares were sold at an average price of $158.78, for a total transaction of $317,560.00. Following the completion of the transaction, the insider owned 49,476 shares of the company’s stock, valued at $7,855,799.28. This trade represents a 3.89% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Gary Stephen May sold 1,484 shares of Leidos 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 transaction, the director directly owned 10,137 shares of the company’s stock, valued at $1,345,686.75. This represents a 12.77% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.77% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several equities analysts recently commented on the stock. Wells Fargo & Company assumed coverage on shares of Leidos in a research note on Wednesday, April 1st. They issued an “equal weight” rating and a $165.00 price objective for the company. Jefferies Financial Group set a $185.00 price target on shares of Leidos in a research report on Wednesday, April 8th. Truist Financial decreased their price target on shares of Leidos from $220.00 to $195.00 and set a “buy” rating for the company in a research report on Monday, April 20th. Bank of America decreased their price target on shares of Leidos from $235.00 to $200.00 and set a “buy” rating for the company in a research report on Tuesday, April 21st. Finally, Argus upgraded shares of Leidos to a “strong-buy” rating in a research report on Tuesday, March 31st. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $193.64.

Leidos Trading Down 0.9%

Shares of NYSE LDOS opened at $130.02 on Friday. The company has a debt-to-equity ratio of 1.19, a quick ratio of 1.58 and a current ratio of 1.40. Leidos Holdings, Inc. has a 52-week low of $127.86 and a 52-week high of $205.77. The firm has a 50 day moving average price of $160.15 and a two-hundred day moving average price of $178.21. The stock has a market cap of $16.36 billion, a P/E ratio of 11.91, a price-to-earnings-growth ratio of 1.67 and a beta of 0.56.

Leidos (NYSE:LDOS) last announced its quarterly earnings results on Tuesday, May 5th. The aerospace company reported $3.13 earnings per share (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 posted $2.97 EPS. The company’s revenue was up 3.7% on a year-over-year basis. Leidos has set its FY 2026 guidance at 12.100-12.500 EPS. As a group, equities analysts forecast that Leidos Holdings, Inc. will post 12.26 EPS for the current year.

Leidos Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 15th will be paid a dividend of $0.43 per share. This represents a $1.72 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend is Monday, June 15th. Leidos’s dividend payout ratio (DPR) is currently 15.75%.

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.