Mitsubishi UFJ Trust & Banking Corp Reduces Stock Holdings in Leidos Holdings, Inc. $LDOS

Mitsubishi UFJ Trust & Banking Corp decreased its holdings in Leidos Holdings, Inc. (NYSE:LDOS) by 57.6% in the fourth quarter, HoldingsChannel.com reports. The fund owned 64,058 shares of the aerospace company’s stock after selling 87,061 shares during the period. Mitsubishi UFJ Trust & Banking Corp’s holdings in Leidos were worth $11,556,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Allianz Asset Management GmbH increased its stake in Leidos by 20.1% during the 3rd quarter. Allianz Asset Management GmbH now owns 339,972 shares of the aerospace company’s stock worth $64,241,000 after buying an additional 56,905 shares during the period. LBP AM SA increased its stake in Leidos by 43.8% during the 3rd quarter. LBP AM SA now owns 63,211 shares of the aerospace company’s stock worth $11,944,000 after buying an additional 19,268 shares during the period. Synergy Asset Management LLC increased its stake in Leidos by 100.0% during the 3rd quarter. Synergy Asset Management LLC now owns 233,470 shares of the aerospace company’s stock worth $44,116,000 after buying an additional 116,735 shares during the period. M&T Bank Corp increased its stake in Leidos by 2,924.4% during the 4th quarter. M&T Bank Corp now owns 405,181 shares of the aerospace company’s stock worth $73,095,000 after buying an additional 391,784 shares during the period. Finally, United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund increased its stake in Leidos by 120.4% during the 3rd quarter. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund now owns 11,900 shares of the aerospace company’s stock worth $2,249,000 after buying an additional 6,500 shares during the period. Hedge funds and other institutional investors own 76.12% of the company’s stock.

Analysts Set New Price Targets

Several brokerages recently weighed in on LDOS. Wall Street Zen raised shares of Leidos from a “hold” rating to a “buy” rating in a research note on Saturday, April 18th. Bank of America lowered their price target on shares of Leidos from $235.00 to $200.00 and set a “buy” rating for the company in a report on Tuesday, April 21st. Jefferies Financial Group set a $185.00 price target on shares of Leidos in a report on Wednesday, April 8th. UBS Group set a $204.00 price target on shares of Leidos in a report on Thursday, January 15th. Finally, Citigroup boosted their price target on shares of Leidos from $218.00 to $232.00 and gave the stock a “buy” rating in a report on Tuesday, January 13th. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Leidos currently has a consensus rating of “Moderate Buy” and a consensus target price of $202.82.

Leidos Trading Up 0.1%

NYSE LDOS opened at $149.32 on Friday. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.70 and a quick ratio of 1.58. The firm’s fifty day moving average price is $162.47 and its 200 day moving average price is $179.38. The company has a market capitalization of $18.83 billion, a price-to-earnings ratio of 13.42, a price-to-earnings-growth ratio of 1.90 and a beta of 0.56. Leidos Holdings, Inc. has a 12 month low of $139.69 and a 12 month high of $205.77.

Leidos (NYSE:LDOS) last posted its earnings results on Tuesday, February 17th. The aerospace company reported $2.76 EPS for the quarter, beating analysts’ consensus estimates of $2.57 by $0.19. The firm had revenue of $4.88 billion for the quarter, compared to the consensus estimate of $4.31 billion. Leidos had a net margin of 8.43% and a return on equity of 32.95%. The company’s revenue was down 3.6% on a year-over-year basis. During the same period last year, the firm posted $2.37 EPS. Leidos has set its FY 2026 guidance at 12.050-12.450 EPS. On average, sell-side analysts expect that Leidos Holdings, Inc. will post 12.26 earnings per share for the current fiscal year.

Leidos Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Monday, March 16th were given a $0.43 dividend. This represents a $1.72 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend was Monday, March 16th. Leidos’s dividend payout ratio (DPR) is 15.45%.

Insider Activity at Leidos

In related news, insider Elizabeth A. Porter sold 2,000 shares of the 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 transaction, the insider directly 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 accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.77% of the stock is owned by company insiders.

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.