Pictet Asset Management Holding SA Acquires 5,583 Shares of Leidos Holdings, Inc. $LDOS

Pictet Asset Management Holding SA increased its holdings in shares of Leidos Holdings, Inc. (NYSE:LDOS) by 10.8% during the fourth quarter, Holdings Channel reports. The fund owned 57,144 shares of the aerospace company’s stock after purchasing an additional 5,583 shares during the period. Pictet Asset Management Holding SA’s holdings in Leidos were worth $10,309,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of the business. Concurrent Investment Advisors LLC bought a new stake in Leidos during the 4th quarter worth approximately $2,573,000. Directional Asset Management bought a new stake in Leidos during the 4th quarter worth approximately $1,467,000. Rakuten Securities Inc. grew its position in Leidos by 110.5% during the 4th quarter. Rakuten Securities Inc. now owns 160 shares of the aerospace company’s stock worth $29,000 after acquiring an additional 84 shares during the last quarter. N.E.W. Advisory Services LLC grew its position in Leidos by 17.3% during the 4th quarter. N.E.W. Advisory Services LLC now owns 469 shares of the aerospace company’s stock worth $85,000 after acquiring an additional 69 shares during the last quarter. Finally, B. Metzler seel. Sohn & Co. AG grew its position in Leidos by 13.6% during the 4th quarter. B. Metzler seel. Sohn & Co. AG now owns 12,934 shares of the aerospace company’s stock worth $2,333,000 after acquiring an additional 1,547 shares during the last quarter. 76.12% of the stock is currently owned by institutional investors.

Leidos Stock Up 0.1%

NYSE:LDOS opened at $149.32 on Friday. The stock’s fifty day moving average price is $162.47 and its two-hundred day moving average price is $179.33. Leidos Holdings, Inc. has a 52-week low of $139.69 and a 52-week high of $205.77. The company has a debt-to-equity ratio of 0.93, a quick ratio of 1.58 and a current ratio of 1.70. The company has a market cap of $18.83 billion, a price-to-earnings ratio of 13.42, a P/E/G ratio of 1.90 and a beta of 0.56.

Leidos (NYSE:LDOS) last posted its quarterly earnings data on Tuesday, February 17th. The aerospace company reported $2.76 earnings per share (EPS) for the quarter, topping the consensus estimate 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 return on equity of 32.95% and a net margin of 8.43%.The business’s revenue for the quarter was down 3.6% compared to the same quarter last year. During the same quarter in the prior year, the business earned $2.37 EPS. Leidos has set its FY 2026 guidance at 12.050-12.450 EPS. On average, analysts anticipate that Leidos Holdings, Inc. will post 12.26 EPS for the current year.

Leidos Dividend Announcement

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

Analyst Ratings Changes

LDOS has been the topic of a number of research analyst reports. Stifel Nicolaus decreased their price target on Leidos from $220.00 to $205.00 and set a “hold” rating on the stock in a research report on Wednesday, February 18th. UBS Group set a $204.00 price objective on Leidos in a report on Thursday, January 15th. Argus raised Leidos to a “strong-buy” rating in a report on Tuesday, March 31st. Royal Bank Of Canada reduced their price objective on Leidos from $230.00 to $215.00 and set an “outperform” rating on the stock in a report on Wednesday, February 18th. Finally, Bank of America reduced their price objective on Leidos from $235.00 to $200.00 and set a “buy” rating on the stock in a report on Tuesday, April 21st. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Leidos has an average rating of “Moderate Buy” and an average target price of $202.82.

Insider Buying and Selling at Leidos

In other news, insider Elizabeth A. Porter sold 2,000 shares of the stock in a transaction on Tuesday, April 7th. The stock was sold at an average price of $158.78, for a total value 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 represents a 3.89% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.77% of the stock is currently owned by company insiders.

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.