Candriam S.C.A. Invests $948,000 in Leidos Holdings, Inc. $LDOS

Candriam S.C.A. acquired a new stake in Leidos Holdings, Inc. (NYSE:LDOS) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 6,094 shares of the aerospace company’s stock, valued at approximately $948,000.

Several other institutional investors and hedge funds have also modified their holdings of the company. Sequoia Financial Advisors LLC boosted its position in Leidos by 28.6% during the first quarter. Sequoia Financial Advisors LLC now owns 4,810 shares of the aerospace company’s stock worth $748,000 after acquiring an additional 1,070 shares during the last quarter. Cedar Mountain Advisors LLC grew its stake in Leidos by 5,620.0% in the 1st quarter. Cedar Mountain Advisors LLC now owns 286 shares of the aerospace company’s stock worth $44,000 after acquiring an additional 281 shares during the period. Hsbc Holdings PLC raised its holdings in Leidos by 31.1% in the 1st quarter. Hsbc Holdings PLC now owns 281,709 shares of the aerospace company’s stock valued at $43,820,000 after acquiring an additional 66,839 shares during the last quarter. Kestra Advisory Services LLC raised its holdings in Leidos by 2.6% in the 1st quarter. Kestra Advisory Services LLC now owns 11,058 shares of the aerospace company’s stock valued at $1,720,000 after acquiring an additional 284 shares during the last quarter. Finally, Resona Asset Management Co. Ltd. lifted its stake in shares of Leidos by 1.3% during the 1st quarter. Resona Asset Management Co. Ltd. now owns 37,379 shares of the aerospace company’s stock worth $5,804,000 after purchasing an additional 480 shares during the period. Hedge funds and other institutional investors own 76.12% of the company’s stock.

Leidos Price Performance

LDOS stock opened at $108.22 on Thursday. The company has a market cap of $13.61 billion, a PE ratio of 9.91, a price-to-earnings-growth ratio of 1.56 and a beta of 0.54. The company has a current ratio of 1.40, a quick ratio of 1.29 and a debt-to-equity ratio of 1.19. The stock has a 50-day moving average price of $117.02 and a two-hundred day moving average price of $153.10. Leidos Holdings, Inc. has a 12-month low of $98.86 and a 12-month high of $205.77.

Leidos (NYSE:LDOS) last released its quarterly earnings data on Tuesday, May 5th. The aerospace company reported $3.13 EPS for the quarter, topping analysts’ consensus estimates of $2.88 by $0.25. The company had revenue of $4.40 billion for the quarter, compared to the consensus estimate 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 last year, the business posted $2.97 EPS. Leidos has set its FY 2026 guidance at 12.100-12.500 EPS. As a group, research analysts predict that Leidos Holdings, Inc. will post 12.3 EPS for the current year.

Leidos Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 15th were issued a $0.43 dividend. The ex-dividend date was Monday, June 15th. This represents a $1.72 annualized dividend and a yield of 1.6%. Leidos’s dividend payout ratio (DPR) is presently 15.75%.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on LDOS. Citigroup decreased their price objective on Leidos from $178.00 to $138.00 and set a “buy” rating on the stock in a report on Wednesday, July 1st. Weiss Ratings downgraded Leidos from a “hold (c+)” rating to a “hold (c)” rating in a research report on Monday, June 8th. Truist Financial decreased their price target on Leidos from $195.00 to $160.00 and set a “buy” rating on the stock in a research note on Friday, July 10th. Argus upgraded Leidos to a “strong-buy” rating in a report on Tuesday, March 31st. Finally, Royal Bank Of Canada dropped their price objective on shares of Leidos from $215.00 to $180.00 and set an “outperform” rating for the company in a research note on Wednesday, May 6th. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and ten have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average price target of $163.80.

Insiders Place Their Bets

In other Leidos news, Director Gary Stephen May sold 1,484 shares of Leidos stock in a transaction that occurred on Thursday, May 7th. The shares were sold at an average price of $132.75, for a total transaction of $197,001.00. Following the transaction, the director directly owned 10,137 shares of the company’s stock, valued at $1,345,686.75. The trade was a 12.77% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. 0.77% of the stock is currently 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.