DAVENPORT & Co LLC Cuts Holdings in Leidos Holdings, Inc. $LDOS

DAVENPORT & Co LLC decreased its holdings in Leidos Holdings, Inc. (NYSE:LDOS) by 27.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 11,328 shares of the aerospace company’s stock after selling 4,343 shares during the period. DAVENPORT & Co LLC’s holdings in Leidos were worth $2,044,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of LDOS. Focus Partners Wealth increased its holdings in Leidos by 46.5% in the 1st quarter. Focus Partners Wealth now owns 3,073 shares of the aerospace company’s stock worth $415,000 after buying an additional 976 shares in the last quarter. American Century Companies Inc. lifted its stake in Leidos by 33.4% during the 2nd quarter. American Century Companies Inc. now owns 144,706 shares of the aerospace company’s stock valued at $22,829,000 after acquiring an additional 36,232 shares during the period. Global Retirement Partners LLC bought a new position in Leidos during the 2nd quarter valued at about $395,000. CreativeOne Wealth LLC boosted its holdings in shares of Leidos by 23.5% during the 2nd quarter. CreativeOne Wealth LLC now owns 2,357 shares of the aerospace company’s stock valued at $372,000 after acquiring an additional 449 shares during the last quarter. Finally, Steward Partners Investment Advisory LLC boosted its holdings in shares of Leidos by 37.4% during the 2nd quarter. Steward Partners Investment Advisory LLC now owns 3,283 shares of the aerospace company’s stock valued at $518,000 after acquiring an additional 894 shares during the last quarter. Hedge funds and other institutional investors own 76.12% of the company’s stock.

Insider Activity

In other news, insider Elizabeth A. Porter sold 3,000 shares of the company’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 completion of the sale, the insider directly owned 38,575 shares in the company, valued at $7,414,500.75. This represents a 7.22% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. 0.96% of the stock is currently owned by insiders.

Leidos Price Performance

NYSE LDOS opened at $155.46 on Friday. The company has a 50-day moving average price of $177.46 and a 200-day moving average price of $185.12. Leidos Holdings, Inc. has a 52 week low of $128.32 and a 52 week high of $205.77. The company has a quick ratio of 1.58, a current ratio of 1.70 and a debt-to-equity ratio of 0.93. The firm has a market capitalization of $19.61 billion, a P/E ratio of 13.97, a PEG ratio of 1.10 and a beta of 0.63.

Leidos (NYSE:LDOS) last posted its quarterly earnings data on Tuesday, February 17th. The aerospace company reported $2.76 earnings per share (EPS) for the quarter, topping 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 company had revenue of $4.21 billion for the quarter, compared to the consensus estimate of $4.31 billion. During the same quarter last year, the firm posted $2.37 earnings per share. The firm’s 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 research analysts anticipate that Leidos Holdings, Inc. will post 10.62 earnings per share for the current year.

Leidos Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Monday, March 16th will be given a dividend of $0.43 per share. The ex-dividend date of this dividend is Monday, March 16th. This represents a $1.72 dividend on an annualized basis and a dividend yield of 1.1%. Leidos’s payout ratio is presently 15.45%.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on LDOS shares. Royal Bank Of Canada decreased their price objective on shares of Leidos from $230.00 to $215.00 and set an “outperform” rating for the company in a report on Wednesday, February 18th. Citigroup raised their target price on shares of Leidos from $218.00 to $232.00 and gave the stock a “buy” rating in a report on Tuesday, January 13th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Leidos in a research report on Monday, December 29th. Jefferies Financial Group reiterated a “buy” rating and set a $215.00 target price on shares of Leidos in a research note on Monday, February 23rd. Finally, Stifel Nicolaus lowered their price target on Leidos from $220.00 to $205.00 and set a “hold” rating on the stock in a report 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. According to MarketBeat, Leidos presently has an average rating of “Moderate Buy” and an average price target of $214.18.

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.