Impact Partnership Wealth LLC Increases Position in Leidos Holdings, Inc. $LDOS

Impact Partnership Wealth LLC boosted its position in Leidos Holdings, Inc. (NYSE:LDOS) by 603.5% during the first quarter, Holdings Channel reports. The fund owned 7,809 shares of the aerospace company’s stock after acquiring an additional 6,699 shares during the period. Impact Partnership Wealth LLC’s holdings in Leidos were worth $1,214,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Diamant Asset Management Inc. lifted its stake in Leidos by 16,475.4% during the first quarter. Diamant Asset Management Inc. now owns 4,156,784 shares of the aerospace company’s stock worth $646,463,000 after purchasing an additional 4,131,706 shares during the last quarter. Norges Bank bought a new position in shares of Leidos during the 4th quarter valued at about $318,839,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new position in shares of Leidos during the 3rd quarter valued at about $242,464,000. SG Americas Securities LLC raised its holdings in shares of Leidos by 998.6% during the 1st quarter. SG Americas Securities LLC now owns 1,097,724 shares of the aerospace company’s stock valued at $170,718,000 after buying an additional 997,807 shares in the last quarter. Finally, Alliancebernstein L.P. lifted its position in Leidos by 64.4% in the 2nd quarter. Alliancebernstein L.P. now owns 1,529,261 shares of the aerospace company’s stock worth $241,256,000 after buying an additional 598,974 shares during the last quarter. Hedge funds and other institutional investors own 76.12% of the company’s stock.

Insiders Place Their Bets

In other Leidos news, insider Elizabeth A. Porter sold 2,000 shares of the firm’s stock in a transaction on Tuesday, April 7th. The shares were sold at an average price of $158.78, for a total value of $317,560.00. Following the sale, the insider owned 49,476 shares of the company’s stock, valued at $7,855,799.28. This trade represents a 3.89% decrease in their position. The sale was disclosed in a legal filing 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 the business’s stock in a transaction dated Thursday, May 7th. The shares were sold at an average price of $132.75, for a total transaction of $197,001.00. Following the completion of the transaction, the director owned 10,137 shares in the company, valued at $1,345,686.75. The trade was a 12.77% decrease in their position. The SEC filing for this sale provides additional information. Corporate insiders own 0.77% of the company’s stock.

Analyst Ratings Changes

Several analysts have issued reports on LDOS shares. Weiss Ratings lowered Leidos from a “hold (c+)” rating to a “hold (c)” rating in a research note on Monday, June 8th. Citigroup downgraded shares of Leidos from a “buy” rating to a “neutral” rating in a research note on Wednesday, June 17th. Royal Bank Of Canada lowered their price objective on shares of Leidos from $215.00 to $180.00 and set an “outperform” rating for the company in a report on Wednesday, May 6th. Argus raised shares of Leidos to a “strong-buy” rating in a research note on Tuesday, March 31st. Finally, Stifel Nicolaus reduced their target price on shares of Leidos from $205.00 to $193.00 and set a “hold” rating on the stock in a report on Wednesday, May 6th. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and nine have assigned a Hold rating to the stock. According to MarketBeat, Leidos currently has an average rating of “Hold” and a consensus target price of $177.92.

Leidos Trading Up 2.5%

Shares of LDOS stock opened at $102.97 on Wednesday. The stock has a market capitalization of $12.95 billion, a PE ratio of 9.43, a P/E/G ratio of 1.48 and a beta of 0.50. Leidos Holdings, Inc. has a 1-year low of $98.86 and a 1-year high of $205.77. The business has a 50-day moving average of $125.61 and a 200 day moving average of $159.17. 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 announced its quarterly earnings results on Tuesday, May 5th. The aerospace company reported $3.13 EPS for the quarter, topping 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 business had revenue of $4.40 billion for the quarter, compared to analysts’ expectations of $4.28 billion. During the same period in the previous year, the firm earned $2.97 EPS. The business’s quarterly revenue was up 3.7% on a year-over-year basis. Leidos has set its FY 2026 guidance at 12.100-12.500 EPS. As a group, sell-side analysts anticipate that Leidos Holdings, Inc. will post 12.26 earnings per share for the current year.

Leidos Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 15th were paid a $0.43 dividend. This represents a $1.72 annualized dividend and a dividend yield of 1.7%. The ex-dividend date of this dividend was Monday, June 15th. Leidos’s payout ratio is presently 15.75%.

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.