Comerica Bank Purchases 19,823 Shares of Leidos Holdings, Inc. $LDOS

Key Points

• Comerica Bank increased its stake in Leidos by 54.4% in Q4, purchasing 19,823 shares to own 56,279 shares worth about $10.15 million.
• Several other institutions also boosted or established large positions (e.g., MIRAE Asset's new ~$242.5M stake, big increases from AllianceBernstein, M&T Bank and Wedge Capital), leaving institutional ownership at 76.12%.
• Leidos beat Q4 EPS estimates ($2.76 vs. $2.57), set FY 2026 guidance of $12.05–$12.45 EPS, and carries an analyst consensus of "Moderate Buy" with a consensus price target of $202.82.

Comerica Bank grew its position in Leidos Holdings, Inc. (NYSE:LDOS - Free Report) by 54.4% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 56,279 shares of the aerospace company's stock after purchasing an additional 19,823 shares during the quarter. Comerica Bank's holdings in Leidos were worth $10,153,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new position in Leidos during the third quarter worth $242,464,000. Alliancebernstein L.P. boosted its stake in Leidos by 64.4% during the second quarter. Alliancebernstein L.P. now owns 1,529,261 shares of the aerospace company's stock worth $241,256,000 after acquiring an additional 598,974 shares in the last quarter. M&T Bank Corp boosted its stake in Leidos by 2,924.4% during the fourth quarter. M&T Bank Corp now owns 405,181 shares of the aerospace company's stock worth $73,095,000 after acquiring an additional 391,784 shares in the last quarter. Wedge Capital Management L L P NC boosted its stake in Leidos by 663.3% during the fourth quarter. Wedge Capital Management L L P NC now owns 355,824 shares of the aerospace company's stock worth $64,191,000 after acquiring an additional 309,206 shares in the last quarter. Finally, AQR Capital Management LLC boosted its stake in Leidos by 21.2% during the second quarter. AQR Capital Management LLC now owns 1,433,712 shares of the aerospace company's stock worth $223,731,000 after acquiring an additional 250,555 shares in the last quarter. 76.12% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several research analysts recently issued reports on LDOS shares. Bank of America cut their target price on shares of Leidos from $235.00 to $200.00 and set a "buy" rating on the stock in a research note on Tuesday, April 21st. Argus raised shares of Leidos to a "strong-buy" rating in a research note on Tuesday, March 31st. Royal Bank Of Canada cut their target price on shares of Leidos from $230.00 to $215.00 and set an "outperform" rating on the stock in a research note on Wednesday, February 18th. Stifel Nicolaus cut their target price on shares of Leidos from $220.00 to $205.00 and set a "hold" rating on the stock in a research note on Wednesday, February 18th. Finally, Wells Fargo & Company started coverage on shares of Leidos in a research note on Wednesday, April 1st. They set an "equal weight" rating and a $165.00 target price on the stock. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $202.82.

Leidos Stock Down 0.2%

Leidos stock opened at $145.79 on Thursday. Leidos Holdings, Inc. has a 1-year low of $139.69 and a 1-year high of $205.77. The firm has a market capitalization of $18.39 billion, a price-to-earnings ratio of 13.10, a price-to-earnings-growth ratio of 1.83 and a beta of 0.65. The firm's fifty day moving average price is $163.00 and its two-hundred day moving average price is $179.59. The company has a current ratio of 1.70, a quick ratio of 1.58 and a debt-to-equity ratio of 0.93.

Leidos (NYSE:LDOS - Get Free Report) last released its quarterly earnings data on Tuesday, February 17th. The aerospace company reported $2.76 earnings per share for the quarter, beating 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 firm had revenue of $4.88 billion for the quarter, compared to analyst estimates of $4.31 billion. During the same period last year, the firm earned $2.37 earnings per share. The business's quarterly 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. On average, equities research analysts predict that Leidos Holdings, Inc. will post 12.26 earnings per share for the current fiscal year.

Leidos Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Monday, March 16th were paid a $0.43 dividend. This represents a $1.72 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend was Monday, March 16th. Leidos's dividend payout ratio (DPR) is 15.45%.

Insider Buying and Selling at Leidos

In other news, insider Elizabeth A. Porter sold 2,000 shares of the stock in a transaction dated 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 owned 49,476 shares in the company, valued at $7,855,799.28. This represents a 3.89% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.77% of the company's stock.

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.

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