Barclays PLC Acquires 36,597 Shares of Leidos Holdings, Inc. $LDOS

Barclays PLC lifted its holdings in Leidos Holdings, Inc. (NYSE:LDOS) by 13.1% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 315,812 shares of the aerospace company’s stock after purchasing an additional 36,597 shares during the period. Barclays PLC owned about 0.25% of Leidos worth $59,676,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Harbor Capital Advisors Inc. grew its stake in Leidos by 2.7% in the third quarter. Harbor Capital Advisors Inc. now owns 2,203 shares of the aerospace company’s stock valued at $416,000 after purchasing an additional 57 shares during the last quarter. Personal CFO Solutions LLC lifted its position in Leidos by 2.0% during the second quarter. Personal CFO Solutions LLC now owns 2,974 shares of the aerospace company’s stock valued at $469,000 after acquiring an additional 59 shares during the last quarter. Beacon Pointe Advisors LLC boosted its stake in Leidos by 3.7% in the second quarter. Beacon Pointe Advisors LLC now owns 1,639 shares of the aerospace company’s stock valued at $259,000 after acquiring an additional 59 shares in the last quarter. Atlantic Union Bankshares Corp grew its holdings in Leidos by 0.7% in the third quarter. Atlantic Union Bankshares Corp now owns 8,243 shares of the aerospace company’s stock worth $1,558,000 after purchasing an additional 61 shares during the last quarter. Finally, CX Institutional lifted its holdings in shares of Leidos by 4.3% during the 3rd quarter. CX Institutional now owns 1,503 shares of the aerospace company’s stock valued at $284,000 after purchasing an additional 62 shares during the last quarter. 76.12% of the stock is currently owned by institutional investors.

Leidos Stock Up 0.9%

LDOS opened at $179.58 on Tuesday. The company has a fifty day moving average of $184.65 and a two-hundred day moving average of $186.58. The stock has a market capitalization of $22.70 billion, a price-to-earnings ratio of 16.13, a PEG ratio of 1.26 and a beta of 0.63. Leidos Holdings, Inc. has a fifty-two week low of $128.32 and a fifty-two 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.

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

Leidos Dividend Announcement

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

Analyst Ratings Changes

LDOS has been the topic of several research analyst reports. Royal Bank Of Canada dropped their target price on Leidos from $230.00 to $215.00 and set an “outperform” rating on the stock in a research note on Wednesday, February 18th. Citigroup increased their price target on Leidos from $218.00 to $232.00 and gave the company a “buy” rating in a research note on Tuesday, January 13th. Robert W. Baird cut their price objective on shares of Leidos from $215.00 to $195.00 and set a “neutral” rating on the stock in a report on Wednesday, February 18th. Jefferies Financial Group reaffirmed a “buy” rating and issued a $215.00 price objective on shares of Leidos in a research report on Monday, February 23rd. Finally, Stifel Nicolaus lowered their target price on shares of Leidos from $220.00 to $205.00 and set a “hold” rating for the company in a research note on Wednesday, February 18th. Nine equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $214.18.

Insiders Place Their Bets

In other Leidos news, insider Elizabeth A. Porter sold 3,000 shares of the stock in a transaction on Tuesday, January 20th. The shares were sold at an average price of $192.21, for a total transaction of $576,630.00. Following the transaction, the insider directly owned 38,575 shares of the company’s stock, valued at $7,414,500.75. This trade represents a 7.22% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.69% of the company’s stock.

About Leidos

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.