North Dakota State Investment Board Takes Position in Leidos Holdings, Inc. $LDOS

North Dakota State Investment Board purchased a new stake in shares of Leidos Holdings, Inc. (NYSE:LDOS) during the fourth quarter, Holdings Channel.com reports. The fund purchased 4,373 shares of the aerospace company’s stock, valued at approximately $789,000.

A number of other institutional investors have also recently made changes to their positions in the company. State Street Corp lifted its position in shares of Leidos by 1.4% during 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 buying an additional 78,534 shares during the last quarter. Van ECK Associates Corp lifted its position in shares of Leidos by 6.4% during 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 buying an additional 145,826 shares during the last quarter. Alliancebernstein L.P. lifted its holdings in Leidos by 26.0% during the 3rd quarter. Alliancebernstein L.P. now owns 1,926,646 shares of the aerospace company’s stock worth $364,059,000 after purchasing an additional 397,385 shares in the last quarter. AQR Capital Management LLC lifted its holdings in Leidos by 8.2% during the 3rd quarter. AQR Capital Management LLC now owns 1,551,547 shares of the aerospace company’s stock worth $290,403,000 after purchasing an additional 117,835 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new stake in Leidos during the 3rd quarter worth about $242,464,000. Hedge funds and other institutional investors own 76.12% of the company’s stock.

Leidos Price Performance

Shares of NYSE LDOS opened at $124.23 on Thursday. The firm has a market capitalization of $15.63 billion, a P/E ratio of 11.38, a P/E/G ratio of 1.60 and a beta of 0.56. The company has a quick ratio of 1.29, a current ratio of 1.40 and a debt-to-equity ratio of 1.19. The stock’s 50-day simple moving average is $151.03 and its two-hundred day simple moving average is $174.15. Leidos Holdings, Inc. has a twelve month low of $121.53 and a twelve month high of $205.77.

Leidos (NYSE:LDOS) last announced its earnings results on Tuesday, May 5th. The aerospace company reported $3.13 earnings per share for the quarter, topping analysts’ consensus estimates of $2.88 by $0.25. The business had revenue of $4.40 billion for the quarter, compared to analyst estimates of $4.28 billion. Leidos had a return on equity of 31.92% and a net margin of 8.15%.The company’s quarterly revenue was up 3.7% compared to the same quarter last year. During the same period in the prior year, the company earned $2.97 EPS. Leidos has set its FY 2026 guidance at 12.100-12.500 EPS. As a group, equities analysts anticipate that Leidos Holdings, Inc. will post 12.25 EPS for the current fiscal year.

Leidos Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th will be paid a $0.43 dividend. This represents a $1.72 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date is Monday, June 15th. Leidos’s dividend payout ratio is currently 15.75%.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on LDOS shares. Wells Fargo & Company started coverage on Leidos in a report on Wednesday, April 1st. They set an “equal weight” rating and a $165.00 price objective on the stock. Robert W. Baird dropped their price objective on Leidos from $215.00 to $195.00 and set a “neutral” rating on the stock in a report on Wednesday, February 18th. Argus raised Leidos to a “strong-buy” rating in a report on Tuesday, March 31st. Jefferies Financial Group set a $185.00 price objective on Leidos in a report on Wednesday, April 8th. Finally, Weiss Ratings cut Leidos from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, May 6th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat, Leidos currently has a consensus rating of “Moderate Buy” and a consensus price target of $193.64.

Insider Transactions at Leidos

In other Leidos news, Director Gary Stephen May sold 1,484 shares of the company’s stock in a transaction dated Thursday, May 7th. The stock was sold at an average price of $132.75, for a total value of $197,001.00. Following the transaction, the director directly owned 10,137 shares in the company, valued at $1,345,686.75. This represents a 12.77% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Elizabeth A. Porter sold 2,000 shares of the company’s stock in a transaction dated Tuesday, April 7th. The stock was sold at an average price of $158.78, for a total value of $317,560.00. Following the completion of the transaction, the insider owned 49,476 shares in the company, valued at $7,855,799.28. This represents a 3.89% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.77% of the stock is owned by corporate insiders.

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.