BI Asset Management Fondsmaeglerselskab A S Grows Position in Leidos Holdings, Inc. $LDOS

Key Points

• BI Asset Management Fondsmaeglerselskab A S increased its Leidos stake by 497.4% in the fourth quarter, ending with 44,546 shares worth about $8.0 million.
• Analysts remain mixed on Leidos: recent ratings ranged from Strong Buy to Hold, with a consensus rating of Moderate Buy and an average price target of $187.50.
• Leidos reported better-than-expected quarterly results, posting EPS of $3.13 versus the $2.88 estimate and revenue of $4.40 billion versus expectations, while also declaring a quarterly dividend of $0.43 per share.

BI Asset Management Fondsmaeglerselskab A S boosted its stake in shares of Leidos Holdings, Inc. (NYSE:LDOS - Free Report) by 497.4% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 44,546 shares of the aerospace company's stock after acquiring an additional 37,089 shares during the quarter. BI Asset Management Fondsmaeglerselskab A S's holdings in Leidos were worth $8,036,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. JFS Wealth Advisors LLC lifted its position in Leidos by 77.6% during the 4th quarter. JFS Wealth Advisors LLC now owns 151 shares of the aerospace company's stock worth $27,000 after acquiring an additional 66 shares during the period. Hantz Financial Services Inc. lifted its position in Leidos by 94.7% during the 4th quarter. Hantz Financial Services Inc. now owns 148 shares of the aerospace company's stock worth $27,000 after acquiring an additional 72 shares during the period. Rakuten Securities Inc. lifted its position in Leidos by 110.5% during the 4th quarter. Rakuten Securities Inc. now owns 160 shares of the aerospace company's stock worth $29,000 after acquiring an additional 84 shares during the period. Cape Investment Advisory Inc. acquired a new stake in Leidos during the 3rd quarter worth approximately $31,000. Finally, Wexford Capital LP acquired a new stake in Leidos during the 3rd quarter worth approximately $32,000. 76.12% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

LDOS has been the subject of a number of recent research reports. BNP Paribas Exane initiated coverage on Leidos in a research report on Wednesday, May 27th. They set an "outperform" rating and a $165.00 price objective for the company. Royal Bank Of Canada decreased their price objective on Leidos from $215.00 to $180.00 and set an "outperform" rating for the company in a research report on Wednesday, May 6th. Argus raised Leidos to a "strong-buy" rating in a research report on Tuesday, March 31st. Jefferies Financial Group cut Leidos from a "buy" rating to a "hold" rating and decreased their price objective for the stock from $185.00 to $140.00 in a research report on Wednesday. Finally, Bank of America decreased their price objective on Leidos from $235.00 to $200.00 and set a "buy" rating for the company in a research report on Tuesday, April 21st. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $187.50.

Insider Activity at Leidos

In other news, Director Gary Stephen May sold 1,484 shares of the firm's stock in a transaction that occurred on Thursday, May 7th. The stock was sold at an average price of $132.75, for a total value of $197,001.00. Following the completion of the sale, the director directly owned 10,137 shares of the company's stock, valued at $1,345,686.75. This trade represents a 12.77% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Elizabeth A. Porter sold 2,000 shares of the firm's stock in a transaction that occurred on Tuesday, April 7th. The shares were sold at an average price of $158.78, for a total value of $317,560.00. Following the completion of the sale, the insider directly owned 49,476 shares of the company's stock, valued at $7,855,799.28. This represents a 3.89% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.77% of the stock is owned by company insiders.

Leidos Stock Up 0.1%

LDOS opened at $124.65 on Friday. The company has a debt-to-equity ratio of 1.19, a current ratio of 1.40 and a quick ratio of 1.29. The business has a 50 day simple moving average of $141.29 and a 200-day simple moving average of $168.60. The stock has a market capitalization of $15.68 billion, a P/E ratio of 11.41, a P/E/G ratio of 1.58 and a beta of 0.50. Leidos Holdings, Inc. has a 12 month low of $121.20 and a 12 month high of $205.77.

Leidos (NYSE:LDOS - Get Free Report) last posted its quarterly earnings results on Tuesday, May 5th. The aerospace company reported $3.13 EPS for the quarter, beating the consensus estimate of $2.88 by $0.25. The business had revenue of $4.40 billion during the quarter, compared to analysts' expectations of $4.28 billion. Leidos had a return on equity of 31.92% and a net margin of 8.15%.The company's quarterly revenue was up 3.7% compared to the same quarter last year. During the same period last year, the firm earned $2.97 EPS. Leidos has set its FY 2026 guidance at 12.100-12.500 EPS. On average, equities analysts anticipate that Leidos Holdings, Inc. will post 12.25 earnings per share for the current fiscal year.

Leidos Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be issued a $0.43 dividend. This represents a $1.72 annualized dividend and a dividend yield of 1.4%. The ex-dividend date of this dividend is Monday, June 15th. Leidos's dividend payout ratio (DPR) is currently 15.75%.

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.

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