Pinebridge Investments LLC Makes New Investment in Leidos Holdings, Inc. $LDOS

Pinebridge Investments LLC acquired a new position in shares of Leidos Holdings, Inc. (NYSE:LDOS) in the fourth quarter, according to its most recent disclosure with the SEC. The firm acquired 41,259 shares of the aerospace company’s stock, valued at approximately $7,443,000.

A number of other hedge funds also recently added to or reduced their stakes in the stock. JFS Wealth Advisors LLC lifted its holdings in shares of Leidos by 77.6% in the 4th quarter. JFS Wealth Advisors LLC now owns 151 shares of the aerospace company’s stock valued at $27,000 after buying an additional 66 shares during the period. Hantz Financial Services Inc. boosted its position in shares of Leidos by 94.7% in the 4th quarter. Hantz Financial Services Inc. now owns 148 shares of the aerospace company’s stock worth $27,000 after buying an additional 72 shares in the last quarter. Rakuten Securities Inc. boosted its position in shares of Leidos by 110.5% in the 4th quarter. Rakuten Securities Inc. now owns 160 shares of the aerospace company’s stock worth $29,000 after buying an additional 84 shares in the last quarter. Cape Investment Advisory Inc. purchased a new stake in shares of Leidos in the 3rd quarter worth about $31,000. Finally, Wexford Capital LP acquired a new position in shares of Leidos in the third quarter worth $32,000. 76.12% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, 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 sale, the insider owned 49,476 shares of the company’s stock, valued at $7,855,799.28. This 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 this hyperlink. 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 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 completion of the sale, the director directly owned 10,137 shares of the company’s stock, valued at $1,345,686.75. The trade was a 12.77% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.77% of the stock is owned by corporate insiders.

Leidos Price Performance

LDOS stock opened at $124.65 on Friday. The stock has a 50-day moving average price of $141.29 and a two-hundred day moving average price of $168.60. Leidos Holdings, Inc. has a 12-month low of $121.20 and a 12-month high of $205.77. The company has a current ratio of 1.40, a quick ratio of 1.29 and a debt-to-equity ratio of 1.19. The company has a market cap 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 (NYSE:LDOS) last posted its quarterly 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. Leidos had a return on equity of 31.92% and a net margin of 8.15%.The firm had revenue of $4.40 billion during the quarter, compared to the consensus estimate of $4.28 billion. During the same quarter in the previous year, the business earned $2.97 earnings per share. The firm’s quarterly revenue was up 3.7% compared to the same quarter last year. Leidos has set its FY 2026 guidance at 12.100-12.500 EPS. As a group, research analysts predict that Leidos Holdings, Inc. will post 12.25 EPS for the current year.

Leidos Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders 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 dividend yield of 1.4%. Leidos’s dividend payout ratio is presently 15.75%.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on LDOS shares. BNP Paribas Exane started coverage on Leidos in a report on Wednesday, May 27th. They issued an “outperform” rating and a $165.00 price target for the company. Robert W. Baird cut their target price on Leidos from $215.00 to $195.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 18th. Wall Street Zen downgraded Leidos from a “buy” rating to a “hold” rating in a research report on Saturday. Argus raised Leidos to a “strong-buy” rating in a research report on Tuesday, March 31st. Finally, Jefferies Financial Group downgraded Leidos from a “buy” rating to a “hold” rating and lowered their price target for the company from $185.00 to $140.00 in a research report on Wednesday. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average 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.