Mirae Asset Global Investments Co. Ltd. Raises Stock Holdings in Leidos Holdings, Inc. $LDOS

Mirae Asset Global Investments Co. Ltd. raised its holdings in shares of Leidos Holdings, Inc. (NYSE:LDOS) by 22.4% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 21,190 shares of the aerospace company’s stock after purchasing an additional 3,874 shares during the quarter. Mirae Asset Global Investments Co. Ltd.’s holdings in Leidos were worth $3,823,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in the business. Nations Financial Group Inc. IA ADV acquired a new position in shares of Leidos in the 4th quarter valued at approximately $1,081,000. Childress Capital Advisors LLC grew its position in shares of Leidos by 46.1% during the fourth quarter. Childress Capital Advisors LLC now owns 2,358 shares of the aerospace company’s stock worth $425,000 after buying an additional 744 shares in the last quarter. KBC Group NV grew its position in shares of Leidos by 818.3% during the fourth quarter. KBC Group NV now owns 107,465 shares of the aerospace company’s stock worth $19,387,000 after buying an additional 95,763 shares in the last quarter. LBP AM SA grew its position 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 in the last quarter. Finally, Farther Finance Advisors LLC grew its position in shares of Leidos by 28.1% during the fourth quarter. Farther Finance Advisors LLC now owns 6,919 shares of the aerospace company’s stock worth $1,248,000 after buying an additional 1,518 shares in the last quarter. 76.12% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Leidos news, insider Elizabeth A. Porter sold 2,000 shares of the stock in a transaction that occurred on Tuesday, April 7th. The stock was sold at an average price of $158.78, for a total transaction of $317,560.00. Following the transaction, 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 transaction was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.77% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of analysts have recently weighed in on LDOS shares. Weiss Ratings reissued a “buy (b)” rating on shares of Leidos in a research report on Monday, December 29th. Argus raised shares of Leidos to a “strong-buy” rating in a research report on Tuesday, March 31st. Wells Fargo & Company started coverage on shares of Leidos in a research report on Wednesday, April 1st. They set an “equal weight” rating and a $165.00 price target for the company. Jefferies Financial Group set a $185.00 price target on shares of Leidos in a research report on Wednesday, April 8th. Finally, Royal Bank Of Canada decreased their price target on shares of Leidos from $230.00 to $215.00 and set an “outperform” rating for the company in a research report on Wednesday, February 18th. One research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $202.82.

Leidos Trading Down 1.0%

NYSE:LDOS opened at $153.30 on Wednesday. The company has a quick ratio of 1.58, a current ratio of 1.70 and a debt-to-equity ratio of 0.93. The business’s 50 day moving average is $166.00 and its two-hundred day moving average is $181.52. Leidos Holdings, Inc. has a 52 week low of $138.55 and a 52 week high of $205.77. The company has a market cap of $19.33 billion, a PE ratio of 13.77, a P/E/G ratio of 1.09 and a beta of 0.65.

Leidos (NYSE:LDOS) last released its earnings results on Tuesday, February 17th. The aerospace company reported $2.76 EPS for the quarter, topping analysts’ consensus estimates of $2.57 by $0.19. Leidos had a return on equity of 32.95% and a net margin of 8.43%.The company had revenue of $4.88 billion for the quarter, compared to the consensus estimate of $4.31 billion. During the same quarter last year, the business posted $2.37 EPS. Leidos’s quarterly revenue was down 3.6% compared to the same quarter last year. Leidos has set its FY 2026 guidance at 12.050-12.450 EPS. On average, analysts predict that Leidos Holdings, Inc. will post 12.25 EPS for the current year.

Leidos Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Monday, March 16th were issued a dividend of $0.43 per share. This represents a $1.72 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend was Monday, March 16th. Leidos’s dividend payout ratio (DPR) is currently 15.45%.

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.