Goldman Sachs Group Inc. Acquires 22,013 Shares of Leidos Holdings, Inc. $LDOS

Goldman Sachs Group Inc. grew its holdings in shares of Leidos Holdings, Inc. (NYSE:LDOS) by 1.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,421,634 shares of the aerospace company’s stock after acquiring an additional 22,013 shares during the quarter. Goldman Sachs Group Inc.’s holdings in Leidos were worth $256,463,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of the business. State Street Corp boosted 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 acquiring an additional 78,534 shares during the last quarter. Geode Capital Management LLC boosted its position in shares of Leidos by 1.9% during 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 acquiring an additional 64,909 shares during the last quarter. Van ECK Associates Corp boosted 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 acquiring an additional 145,826 shares during the last quarter. Alliancebernstein L.P. boosted its position in shares of Leidos by 26.0% during the 3rd quarter. Alliancebernstein L.P. now owns 1,926,646 shares of the aerospace company’s stock valued at $364,059,000 after acquiring an additional 397,385 shares during the last quarter. Finally, Norges Bank bought a new stake in shares of Leidos during the 4th quarter valued at about $318,839,000. Institutional investors own 76.12% of the company’s stock.

Leidos Trading Up 0.1%

LDOS stock opened at $124.65 on Friday. The company has a market capitalization of $15.68 billion, a PE ratio of 11.41, a price-to-earnings-growth ratio of 1.58 and a beta of 0.50. Leidos Holdings, Inc. has a one year low of $121.20 and a one year high of $205.77. The company’s 50 day moving average price is $141.29 and its two-hundred day moving average price is $168.60. The company has a debt-to-equity ratio of 1.19, a quick ratio of 1.29 and a current ratio of 1.40.

Leidos (NYSE:LDOS) last posted its quarterly 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 firm had revenue of $4.40 billion for the quarter, compared to the consensus estimate of $4.28 billion. Leidos had a net margin of 8.15% and a return on equity of 31.92%. The business’s revenue was up 3.7% compared to the same quarter last year. During the same period last year, the firm posted $2.97 earnings per share. Leidos has set its FY 2026 guidance at 12.100-12.500 EPS. As a group, analysts predict that Leidos Holdings, Inc. will post 12.25 earnings per share for the current fiscal year.

Leidos Announces Dividend

The business also recently declared 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 of this dividend is Monday, June 15th. Leidos’s payout ratio is 15.75%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on LDOS. Royal Bank Of Canada dropped their price target on Leidos from $215.00 to $180.00 and set an “outperform” rating for the company in a research report on Wednesday, May 6th. Truist Financial dropped their target price on Leidos from $220.00 to $195.00 and set a “buy” rating for the company in a research report on Monday, April 20th. Wall Street Zen lowered Leidos from a “buy” rating to a “hold” rating in a research note on Saturday. Wells Fargo & Company started coverage on shares of Leidos in a research report on Wednesday, April 1st. They set an “equal weight” rating and a $165.00 price target on the stock. Finally, Bank of America decreased their price target on shares of Leidos from $235.00 to $200.00 and set a “buy” rating on the stock in a research note on Tuesday, April 21st. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and seven have given a Hold rating to the company. According to MarketBeat.com, Leidos currently has an average rating of “Moderate Buy” and an average target price of $187.50.

Insider Buying and Selling

In other Leidos news, insider Elizabeth A. Porter sold 2,000 shares of Leidos 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 directly owned 49,476 shares of the company’s stock, valued at $7,855,799.28. The trade was a 3.89% decrease in their position. The sale was disclosed in a document filed 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 that occurred on Thursday, May 7th. The stock was sold at an average price of $132.75, for a total value of $197,001.00. Following the completion of the transaction, the director directly owned 10,137 shares in the company, valued at $1,345,686.75. This trade represents a 12.77% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.77% of the stock is owned by 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.