Redwood Investment Management LLC Grows Stake in Leidos Holdings, Inc. $LDOS

Redwood Investment Management LLC boosted its holdings in shares of Leidos Holdings, Inc. (NYSE:LDOS) by 116.0% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 11,235 shares of the aerospace company’s stock after buying an additional 6,033 shares during the quarter. Redwood Investment Management LLC’s holdings in Leidos were worth $1,747,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Hantz Financial Services Inc. increased 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 valued at $27,000 after acquiring an additional 72 shares during the period. Hilton Head Capital Partners LLC acquired a new position in Leidos during the fourth quarter valued at $28,000. Rakuten Securities Inc. boosted its holdings in Leidos by 110.5% in the fourth quarter. Rakuten Securities Inc. now owns 160 shares of the aerospace company’s stock valued at $29,000 after purchasing an additional 84 shares during the last quarter. Longview Financial Advisors Inc. purchased a new stake in shares of Leidos in the first quarter worth about $26,000. Finally, Wexford Capital LP acquired a new stake in Leidos during the third quarter worth about $32,000. Institutional investors and hedge funds own 76.12% of the company’s stock.

Wall Street Analysts Forecast Growth

LDOS has been the subject of several recent research reports. Weiss Ratings cut Leidos from a “hold (c+)” rating to a “hold (c)” rating in a research report on Monday, June 8th. The Goldman Sachs Group cut their target price on shares of Leidos from $171.00 to $152.00 and set a “neutral” rating for the company in a report on Tuesday, July 14th. BNP Paribas Exane began coverage on shares of Leidos in a research note on Wednesday, May 27th. They issued an “outperform” rating and a $165.00 target price for the company. Royal Bank Of Canada lowered their price target on shares of Leidos from $215.00 to $180.00 and set an “outperform” rating on the stock in a report on Wednesday, May 6th. Finally, Stifel Nicolaus dropped their price target on shares of Leidos from $205.00 to $193.00 and set a “hold” rating on the stock in a research report on Wednesday, May 6th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and ten have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $163.80.

Insider Transactions at Leidos

In other Leidos news, Director Gary Stephen May sold 1,484 shares of the stock in a transaction on Thursday, May 7th. The shares were sold at an average price of $132.75, for a total transaction of $197,001.00. Following the transaction, the director directly owned 10,137 shares of the company’s stock, valued at $1,345,686.75. This trade represents a 12.77% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 0.77% of the stock is currently owned by insiders.

Leidos Stock Up 0.1%

Leidos stock opened at $115.67 on Monday. The stock has a market capitalization of $14.55 billion, a PE ratio of 10.59, a price-to-earnings-growth ratio of 1.69 and a beta of 0.52. Leidos Holdings, Inc. has a 12 month low of $98.86 and a 12 month high of $205.77. The business has a 50 day simple moving average of $113.37 and a 200-day simple moving average of $146.44. 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 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 for the quarter, compared to analyst estimates of $4.28 billion. During the same quarter last year, the firm posted $2.97 EPS. 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. On average, analysts anticipate that Leidos Holdings, Inc. will post 12.3 EPS for the current fiscal year.

Leidos Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be given a dividend of $0.43 per share. The ex-dividend date is Tuesday, September 15th. This represents a $1.72 dividend on an annualized basis and a yield of 1.5%. Leidos’s dividend payout ratio is currently 15.75%.

Leidos declared that its Board of Directors has authorized a share buyback plan on Friday, July 31st that authorizes the company to repurchase 20,000,000 outstanding shares. This repurchase authorization authorizes the aerospace company to repurchase shares of its stock through open market purchases. Shares repurchase plans are generally a sign that the company’s management believes its stock is undervalued.

Leidos Company 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.