Cary Street Partners Financial LLC Buys 7,995 Shares of Leidos Holdings, Inc. $LDOS

Key Points

• Cary Street Partners Financial boosted its Leidos stake by 964.4% in the fourth quarter, buying 7,995 additional shares and bringing its total holding to 8,824 shares worth about $1.59 million.
• Leidos reported better-than-expected quarterly results, with EPS of $3.13 versus estimates of $2.88 and revenue of $4.40 billion versus $4.28 billion expected. The company also raised FY2026 guidance to $12.10–$12.50 EPS.
• The company announced a quarterly dividend of $0.43 per share, payable June 30, for an annualized yield of about 1.3%. Meanwhile, analysts currently have a Moderate Buy consensus and a target price of $191.25.

Cary Street Partners Financial LLC grew its position in shares of Leidos Holdings, Inc. (NYSE:LDOS - Free Report) by 964.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,824 shares of the aerospace company's stock after purchasing an additional 7,995 shares during the period. Cary Street Partners Financial LLC's holdings in Leidos were worth $1,592,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Harbour Investments Inc. grew its position in Leidos by 5,363.3% in the fourth quarter. Harbour Investments Inc. now owns 4,316 shares of the aerospace company's stock worth $779,000 after acquiring an additional 4,237 shares in the last quarter. Allstate Corp lifted its stake in Leidos by 111.5% in the fourth quarter. Allstate Corp now owns 9,833 shares of the aerospace company's stock worth $1,774,000 after purchasing an additional 5,183 shares during the last quarter. Fisher Asset Management LLC raised its stake in shares of Leidos by 92.8% during the fourth quarter. Fisher Asset Management LLC now owns 3,541 shares of the aerospace company's stock valued at $639,000 after acquiring an additional 1,704 shares in the last quarter. 44 Wealth Management LLC raised its stake in shares of Leidos by 1.3% during the fourth quarter. 44 Wealth Management LLC now owns 5,570 shares of the aerospace company's stock valued at $1,005,000 after acquiring an additional 70 shares in the last quarter. Finally, Clearstead Advisors LLC raised its stake in shares of Leidos by 9.3% during the fourth quarter. Clearstead Advisors LLC now owns 1,733 shares of the aerospace company's stock valued at $313,000 after acquiring an additional 147 shares in the last quarter. Hedge funds and other institutional investors own 76.12% of the company's stock.

Leidos Price Performance

Shares of LDOS opened at $131.49 on Friday. The firm has a market capitalization of $16.54 billion, a PE ratio of 12.04, a price-to-earnings-growth ratio of 1.66 and a beta of 0.56. The company has a debt-to-equity ratio of 1.19, a current ratio of 1.40 and a quick ratio of 1.29. Leidos Holdings, Inc. has a 1-year low of $121.20 and a 1-year high of $205.77. The company's fifty day moving average price is $145.73 and its 200-day moving average price is $171.30.

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

Leidos Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 15th will be given a dividend of $0.43 per share. The ex-dividend date is Monday, June 15th. This represents a $1.72 dividend on an annualized basis and a yield of 1.3%. Leidos's payout ratio is currently 15.75%.

Insider Transactions at Leidos

In related news, Director Gary Stephen May sold 1,484 shares of the company's stock in a transaction dated Thursday, May 7th. The shares were sold at an average price of $132.75, for a total transaction of $197,001.00. Following the completion of the transaction, the director owned 10,137 shares in the company, valued at $1,345,686.75. This represents a 12.77% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Elizabeth A. Porter sold 2,000 shares of the company's stock in a transaction dated Tuesday, April 7th. The shares were sold at an average price of $158.78, for a total transaction of $317,560.00. Following the sale, the insider directly owned 49,476 shares of the company's stock, valued at approximately $7,855,799.28. This represents a 3.89% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.77% of the company's stock.

Analysts Set New Price Targets

Several research firms have recently weighed in on LDOS. Royal Bank Of Canada decreased their price target on shares of Leidos from $215.00 to $180.00 and set an "outperform" rating for the company in a research note on Wednesday, May 6th. Wall Street Zen raised shares of Leidos from a "hold" rating to a "buy" rating in a research note on Sunday, May 24th. Truist Financial decreased their price target on shares of Leidos from $220.00 to $195.00 and set a "buy" rating for the company in a research note on Monday, April 20th. 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. Finally, Jefferies Financial Group set a $185.00 price objective on shares of Leidos in a report on Wednesday, April 8th. One research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and six have given a Hold rating to the company's stock. Based on data from MarketBeat, Leidos has a consensus rating of "Moderate Buy" and a consensus target price of $191.25.

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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