Vise Technologies Inc. Reduces Holdings in Leidos Holdings, Inc. $LDOS

Vise Technologies Inc. trimmed its holdings in shares of Leidos Holdings, Inc. (NYSE:LDOS) by 29.4% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 9,308 shares of the aerospace company’s stock after selling 3,876 shares during the quarter. Vise Technologies Inc.’s holdings in Leidos were worth $958,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in LDOS. Longview Financial Advisors Inc. bought a new stake in shares of Leidos during the 1st quarter valued at $26,000. Hantz Financial Services Inc. lifted its position in Leidos by 94.7% during the fourth quarter. Hantz Financial Services Inc. now owns 148 shares of the aerospace company’s stock valued at $27,000 after purchasing an additional 72 shares in the last quarter. Hilton Head Capital Partners LLC purchased a new position in Leidos during the fourth quarter valued at approximately $28,000. Kelleher Financial Advisors purchased a new position in Leidos during the second quarter valued at approximately $28,000. Finally, Rakuten Securities Inc. boosted its position in shares of Leidos by 110.5% in the fourth quarter. Rakuten Securities Inc. now owns 160 shares of the aerospace company’s stock worth $29,000 after purchasing an additional 84 shares during the period. 76.12% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Leidos

In other Leidos news, Director Noel B. Geer sold 10,000 shares of the firm’s stock in a transaction on Tuesday, August 11th. The stock was sold at an average price of $140.66, for a total transaction of $1,406,600.00. Following the transaction, the director directly owned 34,274 shares in the company, valued at $4,820,980.84. This trade represents a 22.59% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Corporate insiders own 0.77% of the company’s stock.

Wall Street Analysts Forecast Growth

LDOS has been the topic of a number of analyst reports. Wells Fargo & Company set a $165.00 target price on shares of Leidos in a research note on Monday, August 17th. Citigroup increased their price target on Leidos from $138.00 to $161.00 and gave the stock a “buy” rating in a research note on Tuesday, August 11th. TD Cowen upped their price objective on Leidos from $115.00 to $135.00 and gave the stock a “hold” rating in a research note on Friday, August 7th. Stifel Nicolaus cut their target price on Leidos from $205.00 to $193.00 and set a “hold” rating for the company in a research report on Wednesday, May 6th. Finally, JPMorgan Chase & Co. decreased their target price on Leidos from $210.00 to $160.00 and set an “overweight” rating on the stock in a research note on Monday, July 13th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and ten have given a Hold rating to the company. According to MarketBeat, Leidos has an average rating of “Hold” and an average price target of $162.93.

Leidos Price Performance

Leidos stock opened at $141.84 on Friday. Leidos Holdings, Inc. has a 52-week low of $98.86 and a 52-week high of $205.77. The company has a quick ratio of 1.60, a current ratio of 1.63 and a debt-to-equity ratio of 1.13. The firm’s fifty day moving average is $117.10 and its 200 day moving average is $141.19. The company has a market cap of $17.80 billion, a price-to-earnings ratio of 13.23, a PEG ratio of 2.06 and a beta of 0.52.

Leidos (NYSE:LDOS) last posted its quarterly earnings data on Tuesday, August 4th. The aerospace company reported $3.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.91 by $0.35. Leidos had a return on equity of 30.81% and a net margin of 7.80%.The business had revenue of $4.56 billion during the quarter, compared to analyst estimates of $4.44 billion. During the same period last year, the company earned $3.21 EPS. The company’s revenue for the quarter was up 7.2% on a year-over-year basis. Leidos has set its FY 2026 guidance at 12.200-12.500 EPS. Sell-side analysts forecast that Leidos Holdings, Inc. will post 12.38 EPS for the current fiscal year.

Leidos announced that its Board of Directors has authorized a share repurchase plan on Friday, July 31st that authorizes the company to buyback 20,000,000 outstanding shares. This buyback authorization authorizes the aerospace company to buy shares of its stock through open market purchases. Shares buyback plans are usually an indication that the company’s board of directors believes its shares are undervalued.

Leidos Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be given a dividend of $0.43 per share. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $1.72 dividend on an annualized basis and a dividend yield of 1.2%. Leidos’s dividend payout ratio (DPR) is 16.04%.

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.