Harbour Investments Inc. Buys 4,237 Shares of Leidos Holdings, Inc. $LDOS

Harbour Investments Inc. grew its stake in shares of Leidos Holdings, Inc. (NYSE:LDOS) by 5,363.3% in the fourth quarter, HoldingsChannel.com reports. The firm owned 4,316 shares of the aerospace company’s stock after purchasing an additional 4,237 shares during the period. Harbour Investments Inc.’s holdings in Leidos were worth $779,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in LDOS. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new stake in Leidos during the 3rd quarter worth approximately $242,464,000. Alliancebernstein L.P. increased its holdings in Leidos by 64.4% during the 2nd quarter. Alliancebernstein L.P. now owns 1,529,261 shares of the aerospace company’s stock worth $241,256,000 after purchasing an additional 598,974 shares in the last quarter. M&T Bank Corp increased its holdings in Leidos by 2,924.4% during the 4th quarter. M&T Bank Corp now owns 405,181 shares of the aerospace company’s stock worth $73,095,000 after purchasing an additional 391,784 shares in the last quarter. Wedge Capital Management L L P NC increased its holdings in Leidos by 663.3% during the 4th quarter. Wedge Capital Management L L P NC now owns 355,824 shares of the aerospace company’s stock worth $64,191,000 after purchasing an additional 309,206 shares in the last quarter. Finally, AQR Capital Management LLC increased its holdings in Leidos by 21.2% during the 2nd quarter. AQR Capital Management LLC now owns 1,433,712 shares of the aerospace company’s stock worth $223,731,000 after purchasing an additional 250,555 shares in the last quarter. 76.12% of the stock is owned by institutional investors.

Insider Buying and Selling at Leidos

In related news, insider Elizabeth A. Porter sold 2,000 shares of the company’s stock in a transaction that occurred on Tuesday, April 7th. The stock was sold at an average price of $158.78, for a total value of $317,560.00. Following the transaction, the insider owned 49,476 shares in the company, valued at approximately $7,855,799.28. This represents a 3.89% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Gary Stephen May sold 1,484 shares of the company’s stock in a transaction that occurred on Thursday, May 7th. The shares were sold at an average price of $132.75, for a total value of $197,001.00. Following the completion of the transaction, the director owned 10,137 shares in the company, valued at approximately $1,345,686.75. The trade was 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 currently owned by insiders.

Leidos Stock Down 2.8%

LDOS stock opened at $127.93 on Friday. The stock’s fifty day simple moving average is $144.95 and its two-hundred day simple moving average is $170.99. 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 $121.20 and a 1-year high of $205.77. The stock has a market cap of $16.09 billion, a P/E ratio of 11.72, a P/E/G ratio of 1.62 and a beta of 0.56.

Leidos (NYSE:LDOS) last posted its quarterly earnings data on Tuesday, May 5th. The aerospace company reported $3.13 earnings per share for the quarter, topping the consensus estimate of $2.88 by $0.25. Leidos had a return on equity of 31.92% and a net margin of 8.15%.The business had revenue of $4.40 billion for the quarter, compared to analysts’ expectations of $4.28 billion. During the same quarter in the previous year, the firm earned $2.97 earnings per share. The business’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. Analysts expect that Leidos Holdings, Inc. will post 12.25 EPS for the current year.

Leidos Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th will be given a $0.43 dividend. The ex-dividend date of this dividend is Monday, June 15th. This represents a $1.72 annualized dividend and a yield of 1.3%. Leidos’s payout ratio is currently 15.75%.

Analysts Set New Price Targets

LDOS has been the subject of a number of recent research reports. Bank of America decreased their price objective on Leidos from $235.00 to $200.00 and set a “buy” rating for the company in a report on Tuesday, April 21st. Wall Street Zen raised Leidos from a “hold” rating to a “buy” rating in a report on Sunday, May 24th. Wells Fargo & Company initiated coverage on Leidos in a report on Wednesday, April 1st. They set an “equal weight” rating and a $165.00 price objective for the company. Truist Financial decreased their price objective on Leidos from $220.00 to $195.00 and set a “buy” rating for the company in a report on Monday, April 20th. Finally, Royal Bank Of Canada reduced their target price on Leidos from $215.00 to $180.00 and set an “outperform” rating for the company in a report on Wednesday, May 6th. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $191.25.

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.