Amundi Acquires 14,049 Shares of Leidos Holdings, Inc. $LDOS

Key Points

• Amundi increased its Leidos stake by 9.3% in the second quarter, bringing its holdings to 165,512 shares valued at approximately $17.0 million. Institutional investors collectively own 76.12% of the company.
• Leidos reported quarterly EPS of $3.26, beating estimates of $2.91, while revenue rose 7.2% year over year to $4.56 billion. The company projects fiscal 2026 EPS of $12.20–$12.50.
• Analysts maintain a consensus “Hold” rating with a $162.93 target price, while Leidos declared a $0.43 quarterly dividend and authorized a repurchase of up to 20 million shares.

Amundi increased its stake in Leidos Holdings, Inc. (NYSE:LDOS - Free Report) by 9.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 165,512 shares of the aerospace company's stock after purchasing an additional 14,049 shares during the quarter. Amundi owned approximately 0.13% of Leidos worth $17,043,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. California State Teachers Retirement System increased its position in shares of Leidos by 10,281.2% during the second quarter. California State Teachers Retirement System now owns 20,029,621 shares of the aerospace company's stock valued at $2,062,450,000 after buying an additional 19,836,680 shares during the period. BlackRock Inc. bought a new position in shares of Leidos in the second quarter valued at approximately $1,024,436,000. Diamant Asset Management Inc. boosted its position in shares of Leidos by 16,475.4% in the first quarter. Diamant Asset Management Inc. now owns 4,156,784 shares of the aerospace company's stock valued at $646,463,000 after acquiring an additional 4,131,706 shares during the period. Norges Bank purchased a new position in Leidos during the fourth quarter valued at approximately $318,839,000. Finally, SG Americas Securities LLC grew its stake in Leidos by 998.6% during the first quarter. SG Americas Securities LLC now owns 1,097,724 shares of the aerospace company's stock valued at $170,718,000 after acquiring an additional 997,807 shares in the last quarter. 76.12% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

LDOS has been the subject of several recent analyst reports. Bank of America restated a "neutral" rating and set a $125.00 target price (down from $200.00) on shares of Leidos in a research report on Wednesday, June 17th. Wall Street Zen raised Leidos from a "hold" rating to a "buy" rating in a research note on Thursday, July 16th. Truist Financial cut their target price on Leidos from $195.00 to $160.00 and set a "buy" rating for the company in a research note on Friday, July 10th. TD Cowen reiterated a "hold" rating and set a $135.00 price target on shares of Leidos in a research report on Tuesday. Finally, Jefferies Financial Group reiterated a "hold" rating and issued a $145.00 target price on shares of Leidos in a research report on Sunday, August 9th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and ten have given a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of "Hold" and a consensus target price of $162.93.

Leidos Stock Performance

Leidos stock opened at $128.92 on Friday. The company has a debt-to-equity ratio of 1.13, a quick ratio of 1.60 and a current ratio of 1.63. The stock has a market cap of $16.18 billion, a price-to-earnings ratio of 12.03, a PEG ratio of 1.45 and a beta of 0.56. The stock's 50 day simple moving average is $125.65 and its two-hundred day simple moving average is $136.33. Leidos Holdings, Inc. has a fifty-two week low of $98.86 and a fifty-two week high of $205.77.

Leidos (NYSE:LDOS - Get Free Report) last posted its quarterly earnings data on Tuesday, August 4th. The aerospace company reported $3.26 earnings per share for the quarter, beating analysts' consensus estimates of $2.91 by $0.35. The company had revenue of $4.56 billion during the quarter, compared to analyst estimates of $4.44 billion. Leidos had a return on equity of 30.81% and a net margin of 7.80%.The firm's revenue for the quarter was up 7.2% on a year-over-year basis. During the same quarter last year, the company earned $3.21 EPS. Leidos has set its FY 2026 guidance at 12.200-12.500 EPS. As a group, analysts expect that Leidos Holdings, Inc. will post 12.28 earnings per share for the current fiscal year.

Leidos Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be issued a dividend of $0.43 per share. This represents a $1.72 annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend is Tuesday, September 15th. Leidos's payout ratio is presently 16.04%.

Leidos announced that its board has approved a share repurchase plan on Friday, July 31st that permits the company to buyback 20,000,000 shares. This buyback authorization permits the aerospace company to reacquire shares of its stock through open market purchases. Stock buyback plans are usually an indication that the company's board believes its shares are undervalued.

Insider Activity at Leidos

In other Leidos news, Director Noel B. Geer sold 10,000 shares of Leidos stock in a transaction that occurred on Tuesday, August 11th. The shares were sold at an average price of $140.66, for a total value of $1,406,600.00. Following the completion of the sale, the director owned 34,274 shares of the company's stock, valued at approximately $4,820,980.84. The trade was a 22.59% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Gary May sold 1,000 shares of the business's stock in a transaction on Tuesday, September 1st. The shares were sold at an average price of $140.85, for a total transaction of $140,850.00. Following the sale, the director owned 10,204 shares of the company's stock, valued at approximately $1,437,233.40. This represents a 8.93% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.77% of the stock is owned by insiders.

About Leidos

Leidos Holdings, Inc NYSE: LDOS is a technology, engineering and services company that supports government and commercial customers in the defense, intelligence, civil and health markets. The company provides mission-critical solutions involving information technology, cybersecurity, data analytics, artificial intelligence, systems integration, engineering and scientific research.

Its defense and intelligence activities include command-and-control systems, mission software, surveillance and reconnaissance solutions, logistics, aircraft and weapons systems support, and national security services.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.