Harel Insurance Investments & Financial Services Ltd. Has $3.71 Million Stake in Leidos Holdings, Inc. $LDOS

Harel Insurance Investments & Financial Services Ltd. lifted its stake in shares of Leidos Holdings, Inc. (NYSE:LDOS) by 17.4% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 19,612 shares of the aerospace company’s stock after acquiring an additional 2,913 shares during the period. Harel Insurance Investments & Financial Services Ltd.’s holdings in Leidos were worth $3,706,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of LDOS. JPMorgan Chase & Co. increased its stake in Leidos by 3.3% in the second quarter. JPMorgan Chase & Co. now owns 3,528,630 shares of the aerospace company’s stock valued at $556,677,000 after purchasing an additional 111,813 shares in the last quarter. Boston Partners grew its stake in shares of Leidos by 3.7% in the 2nd quarter. Boston Partners now owns 2,909,142 shares of the aerospace company’s stock valued at $460,203,000 after buying an additional 103,321 shares during the period. Norges Bank bought a new stake in Leidos in the 2nd quarter valued at about $261,501,000. Alliancebernstein L.P. raised its stake in 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 buying an additional 598,974 shares during the period. Finally, AQR Capital Management LLC boosted its holdings in Leidos by 21.2% in the second quarter. AQR Capital Management LLC now owns 1,433,712 shares of the aerospace company’s stock worth $223,731,000 after acquiring an additional 250,555 shares in the last quarter. 76.12% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

LDOS has been the subject of several recent research reports. Royal Bank Of Canada restated an “outperform” rating and set a $230.00 price objective on shares of Leidos in a report on Wednesday, November 5th. Truist Financial reissued a “buy” rating and issued a $220.00 price target (up previously from $200.00) on shares of Leidos in a research report on Tuesday, November 4th. Bank of America upped their price objective on shares of Leidos from $200.00 to $235.00 and gave the stock a “buy” rating in a report on Friday, November 7th. Stifel Nicolaus reiterated a “hold” rating and set a $220.00 price objective on shares of Leidos in a report on Wednesday, January 7th. Finally, Wall Street Zen downgraded shares of Leidos from a “strong-buy” rating to a “buy” rating in a research report on Saturday, December 13th. Nine equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $213.09.

Leidos Trading Up 0.7%

NYSE:LDOS opened at $194.63 on Friday. Leidos Holdings, Inc. has a 52 week low of $123.62 and a 52 week high of $205.77. The firm has a 50-day moving average price of $189.12 and a two-hundred day moving average price of $182.84. The company has a debt-to-equity ratio of 0.94, a quick ratio of 1.50 and a current ratio of 1.62. The firm has a market cap of $24.89 billion, a price-to-earnings ratio of 18.16, a price-to-earnings-growth ratio of 1.37 and a beta of 0.58.

Leidos (NYSE:LDOS) last announced its earnings results on Tuesday, November 4th. The aerospace company reported $3.05 earnings per share for the quarter, topping analysts’ consensus estimates of $2.61 by $0.44. The firm had revenue of $4.47 billion for the quarter, compared to the consensus estimate of $4.28 billion. Leidos had a return on equity of 33.02% and a net margin of 8.11%.Leidos has set its FY 2025 guidance at 11.450-11.75 EPS. On average, equities analysts expect that Leidos Holdings, Inc. will post 10.62 earnings per share for the current fiscal year.

Leidos Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Monday, December 15th were paid a $0.43 dividend. This is a boost from Leidos’s previous quarterly dividend of $0.40. The ex-dividend date was Monday, December 15th. This represents a $1.72 dividend on an annualized basis and a yield of 0.9%. Leidos’s dividend payout ratio is currently 16.04%.

Insider Activity at Leidos

In other news, insider Elizabeth A. Porter sold 3,000 shares of Leidos stock in a transaction on Friday, December 19th. The stock was sold at an average price of $181.04, for a total transaction of $543,120.00. Following the sale, the insider directly owned 41,575 shares in the company, valued at $7,526,738. The trade was a 6.73% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.96% of the stock is owned by 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.