Leidos Holdings, Inc. $LDOS Shares Bought by CIBC Asset Management Inc

CIBC Asset Management Inc raised its position in Leidos Holdings, Inc. (NYSE:LDOS) by 62.5% in the 4th quarter, Holdings Channel.com reports. The fund owned 30,615 shares of the aerospace company’s stock after acquiring an additional 11,772 shares during the quarter. CIBC Asset Management Inc’s holdings in Leidos were worth $5,523,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the company. Norges Bank acquired a new stake in shares of Leidos during the fourth quarter worth $318,839,000. New Age Alpha Advisors LLC lifted its stake in shares of Leidos by 25,505.4% during the fourth quarter. New Age Alpha Advisors LLC now owns 42,505 shares of the aerospace company’s stock worth $7,668,000 after buying an additional 42,339 shares during the period. M&T Bank Corp lifted its stake in shares of Leidos by 2,924.4% during the fourth quarter. M&T Bank Corp now owns 405,181 shares of the aerospace company’s stock worth $73,095,000 after buying an additional 391,784 shares during the period. National Pension Service lifted its stake in shares of Leidos by 275.0% during the fourth quarter. National Pension Service now owns 278,134 shares of the aerospace company’s stock worth $50,175,000 after buying an additional 203,958 shares during the period. Finally, LBP AM SA lifted its stake in shares of Leidos by 41.7% during the fourth quarter. LBP AM SA now owns 89,597 shares of the aerospace company’s stock worth $16,163,000 after buying an additional 26,386 shares during the period. 76.12% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Leidos news, Director Gary Stephen May sold 1,484 shares of Leidos stock in a transaction 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 of the company’s stock, valued at approximately $1,345,686.75. The trade was a 12.77% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, 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 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. 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 currently owned by insiders.

Leidos Trading Up 0.1%

NYSE LDOS opened at $124.65 on Friday. The company has a market capitalization of $15.68 billion, a PE ratio of 11.41, a P/E/G ratio of 1.58 and a beta of 0.50. The company has a fifty day moving average of $141.29 and a 200 day moving average of $168.60. Leidos Holdings, Inc. has a 1 year low of $121.20 and a 1 year high of $205.77. The company has a debt-to-equity ratio of 1.19, a current ratio of 1.40 and a quick ratio of 1.29.

Leidos (NYSE:LDOS) last posted its earnings results on Tuesday, May 5th. The aerospace company reported $3.13 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.88 by $0.25. The company had revenue of $4.40 billion during 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 firm’s quarterly revenue was up 3.7% on a year-over-year basis. During the same period in the previous year, the firm posted $2.97 earnings per share. Leidos has set its FY 2026 guidance at 12.100-12.500 EPS. Research analysts forecast that Leidos Holdings, Inc. will post 12.25 earnings per share for the current year.

Leidos Announces Dividend

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

Analyst Ratings Changes

Several equities research analysts have recently commented on LDOS shares. Stifel Nicolaus lowered their price objective on shares of Leidos from $205.00 to $193.00 and set a “hold” rating for the company in a research note on Wednesday, May 6th. Jefferies Financial Group downgraded shares of Leidos from a “buy” rating to a “hold” rating and lowered their price objective for the stock from $185.00 to $140.00 in a research note on Wednesday. Wall Street Zen downgraded shares of Leidos from a “buy” rating to a “hold” rating in a research note on Saturday. Weiss Ratings downgraded shares of Leidos from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, May 6th. Finally, Wells Fargo & Company started coverage on shares of Leidos in a research note on Wednesday, April 1st. They set an “equal weight” rating and a $165.00 price objective for the company. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $187.50.

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.