Dakota Wealth Management Makes New $1.23 Million Investment in Leidos Holdings, Inc. $LDOS

Dakota Wealth Management acquired a new stake in shares of Leidos Holdings, Inc. (NYSE:LDOS) in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund acquired 6,481 shares of the aerospace company’s stock, valued at approximately $1,225,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in LDOS. EverSource Wealth Advisors LLC boosted its holdings in Leidos by 21.8% in the third quarter. EverSource Wealth Advisors LLC now owns 1,609 shares of the aerospace company’s stock valued at $304,000 after purchasing an additional 288 shares during the last quarter. Nkcfo LLC acquired a new position in shares of Leidos in the 3rd quarter valued at about $154,000. Cary Street Partners Investment Advisory LLC boosted its stake in shares of Leidos by 32.2% in the third quarter. Cary Street Partners Investment Advisory LLC now owns 271 shares of the aerospace company’s stock worth $51,000 after buying an additional 66 shares during the last quarter. Clearstead Advisors LLC grew its holdings in Leidos by 1,210.7% during the third quarter. Clearstead Advisors LLC now owns 1,586 shares of the aerospace company’s stock worth $300,000 after acquiring an additional 1,465 shares during the period. Finally, AMJ Financial Wealth Management acquired a new stake in Leidos during the third quarter worth about $345,000. Institutional investors and hedge funds own 76.12% of the company’s stock.

Leidos Stock Down 2.3%

Shares of NYSE LDOS opened at $170.04 on Thursday. The firm has a market cap of $21.49 billion, a price-to-earnings ratio of 15.28, a price-to-earnings-growth ratio of 1.23 and a beta of 0.59. The company’s 50-day simple moving average is $185.89 and its 200-day simple moving average is $186.61. The company has a quick ratio of 1.58, a current ratio of 1.70 and a debt-to-equity ratio of 0.93. Leidos Holdings, Inc. has a 52-week low of $123.62 and a 52-week high of $205.77.

Leidos (NYSE:LDOS) last issued its quarterly earnings results on Tuesday, February 17th. The aerospace company reported $2.76 earnings per share for the quarter, beating analysts’ consensus estimates of $2.57 by $0.19. Leidos had a net margin of 8.43% and a return on equity of 32.95%. The firm had revenue of $4.21 billion for the quarter, compared to analyst estimates of $4.31 billion. During the same period last year, the company posted $2.37 EPS. Leidos’s quarterly revenue was down 3.6% compared to the same quarter last year. Leidos has set its FY 2026 guidance at 12.050-12.450 EPS. Equities analysts predict that Leidos Holdings, Inc. will post 10.62 EPS for the current fiscal year.

Leidos Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Monday, March 16th will be given a dividend of $0.43 per share. This represents a $1.72 annualized dividend and a dividend yield of 1.0%. The ex-dividend date is Monday, March 16th. Leidos’s payout ratio is presently 15.45%.

Wall Street Analysts Forecast Growth

Several research firms have commented on LDOS. Bank of America upped their price objective on Leidos from $200.00 to $235.00 and gave the stock a “buy” rating in a research report on Friday, November 7th. Weiss Ratings reiterated a “buy (b)” rating on shares of Leidos in a research note on Monday, December 29th. Stifel Nicolaus dropped their price target on shares of Leidos from $220.00 to $205.00 and set a “hold” rating on the stock in a research report on Wednesday, February 18th. Truist Financial reaffirmed a “buy” rating and issued a $220.00 price objective (up from $200.00) on shares of Leidos in a report on Tuesday, November 4th. Finally, UBS Group set a $204.00 target price on shares of Leidos in a research note on Thursday, January 15th. Nine investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $214.18.

Insider Buying and Selling

In other Leidos news, insider Elizabeth A. Porter sold 3,000 shares of the firm’s stock in a transaction on Tuesday, January 20th. The stock was sold at an average price of $192.21, for a total value of $576,630.00. Following the transaction, the insider owned 38,575 shares in the company, valued at approximately $7,414,500.75. This trade represents a 7.22% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 0.96% of the company’s stock.

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.