Fox Run Management L.L.C. Acquires 4,594 Shares of Leidos Holdings, Inc. $LDOS

Fox Run Management L.L.C. lifted its holdings in shares of Leidos Holdings, Inc. (NYSE:LDOS) by 314.7% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 6,054 shares of the aerospace company’s stock after acquiring an additional 4,594 shares during the quarter. Fox Run Management L.L.C.’s holdings in Leidos were worth $1,092,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in LDOS. Norges Bank bought a new position in shares of Leidos during the 4th quarter worth approximately $318,839,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new position in shares of Leidos during the 3rd quarter worth approximately $242,464,000. Alliancebernstein L.P. boosted its stake in shares of Leidos by 64.4% during the 2nd quarter. Alliancebernstein L.P. now owns 1,529,261 shares of the aerospace company’s stock worth $241,256,000 after acquiring an additional 598,974 shares during the period. M&T Bank Corp boosted its stake in shares of 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 acquiring an additional 391,784 shares during the period. Finally, Wedge Capital Management L L P NC boosted its stake in shares of Leidos by 663.3% during the 4th quarter. Wedge Capital Management L L P NC now owns 355,824 shares of the aerospace company’s stock worth $64,191,000 after acquiring an additional 309,206 shares during the period. 76.12% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

LDOS has been the subject of several research analyst reports. BNP Paribas Exane initiated coverage on Leidos in a research note on Wednesday, May 27th. They set an “outperform” rating and a $165.00 target price for the company. Argus upgraded Leidos to a “strong-buy” rating in a research note on Tuesday, March 31st. Truist Financial reduced their target price on Leidos from $220.00 to $195.00 and set a “buy” rating for the company in a research note on Monday, April 20th. Citigroup dropped their price target on Leidos from $232.00 to $178.00 and set a “buy” rating for the company in a report on Thursday, May 7th. Finally, Royal Bank Of Canada dropped their price target on Leidos from $215.00 to $180.00 and set an “outperform” rating for the company in a report on Wednesday, May 6th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $187.50.

Leidos Stock Performance

NYSE:LDOS opened at $123.30 on Wednesday. The stock has a market cap of $15.51 billion, a P/E ratio of 11.29, a PEG ratio of 1.56 and a beta of 0.50. The stock has a 50 day simple moving average of $139.95 and a 200 day simple moving average of $167.53. The company has a current ratio of 1.40, a quick ratio of 1.29 and a debt-to-equity ratio of 1.19. Leidos Holdings, Inc. has a 1-year low of $121.20 and a 1-year high of $205.77.

Leidos (NYSE:LDOS) last announced its quarterly earnings data on Tuesday, May 5th. The aerospace company reported $3.13 earnings per share for the quarter, beating the consensus estimate of $2.88 by $0.25. The firm had revenue of $4.40 billion during the quarter, compared to analysts’ expectations of $4.28 billion. Leidos had a return on equity of 31.92% and a net margin of 8.15%.The company’s quarterly revenue was up 3.7% compared to the same quarter last year. During the same period in the previous year, the firm earned $2.97 EPS. Leidos has set its FY 2026 guidance at 12.100-12.500 EPS. Research analysts anticipate that Leidos Holdings, Inc. will post 12.25 earnings per share for the current year.

Leidos Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th will be issued a $0.43 dividend. The ex-dividend date of this dividend is Monday, June 15th. This represents a $1.72 annualized dividend and a yield of 1.4%. Leidos’s payout ratio is currently 15.75%.

Insider Buying and Selling at Leidos

In other Leidos news, insider Elizabeth A. Porter sold 2,000 shares of Leidos 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 completion of the transaction, the insider directly owned 49,476 shares of the company’s stock, valued at $7,855,799.28. The trade was a 3.89% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Gary Stephen May sold 1,484 shares of Leidos stock in a transaction on Thursday, May 7th. The shares were sold at an average price of $132.75, for a total value of $197,001.00. Following the completion of the transaction, the director directly owned 10,137 shares of the company’s stock, valued at $1,345,686.75. This represents a 12.77% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.77% of the stock is owned by 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.