Allspring Global Investments Holdings LLC Grows Stock Position in Leidos Holdings, Inc. $LDOS

Allspring Global Investments Holdings LLC boosted its stake in shares of Leidos Holdings, Inc. (NYSE:LDOS) by 0.9% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 484,431 shares of the aerospace company’s stock after purchasing an additional 4,243 shares during the quarter. Allspring Global Investments Holdings LLC owned approximately 0.38% of Leidos worth $88,879,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the stock. Wedmont Private Capital raised its holdings in shares of Leidos by 4.6% in the 4th quarter. Wedmont Private Capital now owns 1,171 shares of the aerospace company’s stock valued at $230,000 after purchasing an additional 52 shares in the last quarter. Harbor Capital Advisors Inc. increased 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. 44 Wealth Management LLC raised its holdings in Leidos by 1.0% during the third quarter. 44 Wealth Management LLC now owns 5,500 shares of the aerospace company’s stock worth $1,039,000 after purchasing an additional 57 shares in the last quarter. Beacon Pointe Advisors LLC raised its holdings in Leidos by 3.7% during the second quarter. Beacon Pointe Advisors LLC now owns 1,639 shares of the aerospace company’s stock worth $259,000 after purchasing an additional 59 shares in the last quarter. Finally, Atlantic Union Bankshares Corp grew its position in shares of Leidos by 0.7% in the 3rd quarter. Atlantic Union Bankshares Corp now owns 8,243 shares of the aerospace company’s stock valued at $1,558,000 after buying an additional 61 shares during the last quarter. Institutional investors and hedge funds own 76.12% of the company’s stock.

Leidos Trading Up 0.8%

Shares of Leidos stock opened at $155.50 on Wednesday. Leidos Holdings, Inc. has a 12-month low of $128.32 and a 12-month high of $205.77. The company has a current ratio of 1.70, a quick ratio of 1.58 and a debt-to-equity ratio of 0.93. The stock has a market cap of $19.61 billion, a PE ratio of 13.97, a price-to-earnings-growth ratio of 1.09 and a beta of 0.63. The company has a 50-day moving average of $175.94 and a two-hundred day moving average of $184.73.

Leidos (NYSE:LDOS) last announced its quarterly earnings results on Tuesday, February 17th. The aerospace company reported $2.76 EPS for the quarter, topping the consensus estimate of $2.57 by $0.19. The business had revenue of $4.88 billion for the quarter, compared to analyst estimates of $4.31 billion. Leidos had a return on equity of 32.95% and a net margin of 8.43%.The company’s quarterly revenue was down 3.6% on a year-over-year basis. During the same quarter in the previous year, the company earned $2.37 EPS. Leidos has set its FY 2026 guidance at 12.050-12.450 EPS. On average, research analysts anticipate that Leidos Holdings, Inc. will post 10.62 EPS for the current fiscal year.

Leidos Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Monday, March 16th were issued a dividend of $0.43 per share. This represents a $1.72 annualized dividend and a yield of 1.1%. The ex-dividend date was Monday, March 16th. Leidos’s dividend payout ratio (DPR) is 15.45%.

Insider Transactions at Leidos

In other Leidos news, insider Elizabeth A. Porter sold 3,000 shares of the company’s stock in a transaction dated Tuesday, January 20th. The shares were sold at an average price of $192.21, for a total value of $576,630.00. Following the sale, the insider owned 38,575 shares of the company’s stock, valued at $7,414,500.75. This represents a 7.22% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.77% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on the stock. Stifel Nicolaus decreased their price objective 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. Robert W. Baird cut their price target on Leidos from $215.00 to $195.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 18th. Weiss Ratings reissued a “buy (b)” rating on shares of Leidos in a report on Monday, December 29th. Jefferies Financial Group reissued a “buy” rating and set a $215.00 price objective on shares of Leidos in a research report on Monday, February 23rd. Finally, Wall Street Zen downgraded shares of Leidos from a “strong-buy” rating to a “hold” rating in a research report on Saturday, February 21st. Nine investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, Leidos presently has an average rating of “Moderate Buy” and an average price target of $214.18.

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.